Global Optical Fiber Cable Market is valued approximately at USD 5.90 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 12.2% over the forecast period 2023-2030. The increasing demand for high bandwidth communication, driven by the rising number of internet users and the expansion of the IT and telecommunications sector, is a key factor propelling the market. Optical fiber cables are pivotal in facilitating efficient data transmission across long distances, which is crucial for various industries, including healthcare, energy, and defense.
The adoption of fiber optic technology is being accelerated by government initiatives aimed at enhancing telecommunication infrastructure. These initiatives, combined with increased awareness of the benefits of advanced communication technologies, are driving market growth. Governments across the globe are investing in research and development to upgrade telecommunication networks, further fostering the adoption of optical fiber cables.
However, the market faces challenges such as the high investment costs associated with fiber optic technology and the competition from wireless broadband technologies. These factors are expected to hinder the market growth. Additionally, the need for new infrastructure to support the deployment of optical fiber cables poses a significant challenge.
Despite these challenges, the market is poised for growth, driven by opportunities such as technological advancements in fiber optic technology and the expansion of its application in various sectors. The healthcare sector, for instance, is increasingly relying on fiber optics for advanced medical imaging and diagnostics, contributing to market expansion.
Regionally, North America and Europe are anticipated to dominate the market due to the established infrastructure and high adoption rate of advanced technologies. The Asia-Pacific region is expected to witness the fastest growth, fueled by rapid industrialization, urbanization, and the increasing demand for high-speed internet services.
Major market players included in this report are:
- Corning Incorporated
- Prysmian Group
- Furukawa Electric Co., Ltd.
- Sumitomo Electric Industries, Ltd.
- Nexans S.A.
- Fujikura Ltd.
- Sterlite Technologies Limited
- Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC)
- CommScope Holding Company, Inc.
- Leoni AG
- LS Cable & System Ltd.
- OFS Fitel, LLC
- Hengtong Group Co., Ltd.
- FiberHome Telecommunication Technologies Co., Ltd.
- ZTT Group
The detailed segments and sub-segment of the market are explained below:
By Fiber Type:
- Single-Mode Fiber
- Multi-Mode Fiber
- Others
By Cable Design:
- Ribbon Tube
- Loose Tube
- Tight Buffered
- Central Core
- Others
By Deployment:
- Underground
- Underwater
- Aerial
- Others
By Application:
- FTTX
- Cable Antenna Television (CATV)
- Submarine
- Cable Long-distance Communication
- Local Mobile Metro Network
- Other Local Access Network
By End User:
- IT and Telecommunication
- Energy and Power
- Healthcare
- Aerospace and Defense
- Others
By Region: North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Optical Fiber Cable Market Executive Summary
- 1.1. Global Optical Fiber Cable Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Fiber Type
- 1.3.2. By Cable Design
- 1.3.3. By Deployment
- 1.3.4. By Application
- 1.3.5. By End User
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Optical Fiber Cable Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Optical Fiber Cable Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Adoption of Fiber Optic Technology
- 3.1.2. Government Initiatives
- 3.2. Market Challenges
- 3.2.1. Technological Challenges
- 3.2.2. Requirement of New Infrastructure
- 3.3. Market Opportunities
- 3.3.1. Technological Advancements
- 3.3.2. Expansion in Healthcare Sector
Chapter 4. Global Optical Fiber Cable Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Optical Fiber Cable Market Size & Forecasts by Fiber Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Optical Fiber Cable Market: Fiber Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Single-Mode Fiber
- 5.2.2. Multi-Mode Fiber
- 5.2.3. Others
Chapter 6. Global Optical Fiber Cable Market Size & Forecasts by Cable Design 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Optical Fiber Cable Market: Cable Design Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Ribbon Tube
- 6.2.2. Loose Tube
- 6.2.3. Tight Buffered
- 6.2.4. Central Core
- 6.2.5. Others
Chapter 7. Global Optical Fiber Cable Market Size & Forecasts by Deployment 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Optical Fiber Cable Market: Deployment Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Underground
- 7.2.2. Underwater
- 7.2.3. Aerial
- 7.2.4. Others
Chapter 8. Global Optical Fiber Cable Market Size & Forecasts by Application 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Optical Fiber Cable Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 8.2.1. FTTX
- 8.2.2. Cable Antenna Television (CATV)
- 8.2.3. Submarine
- 8.2.4. Cable Long-distance Communication
- 8.2.5. Local Mobile Metro Network
- 8.2.6. Other Local Access Network
Chapter 9. Global Optical Fiber Cable Market Size & Forecasts by End User 2022-2032
- 9.1. Segment Dashboard
- 9.2. Global Optical Fiber Cable Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 9.2.1. IT and Telecommunication
- 9.2.2. Energy and Power
- 9.2.3. Healthcare
- 9.2.4. Aerospace and Defense
- 9.2.5. Others
Chapter 10. Global Optical Fiber Cable Market Size & Forecasts by Region 2022-2032
- 10.1. North America Optical Fiber Cable Market
- 10.1.1. U.S. Optical Fiber Cable Market
- 10.1.1.1. Fiber Type breakdown size & forecasts, 2022-2032
- 10.1.1.2. Cable Design breakdown size & forecasts, 2022-2032
- 10.1.1.3. Deployment breakdown size & forecasts, 2022-2032
- 10.1.1.4. Application breakdown size & forecasts, 2022-2032
- 10.1.1.5. End User breakdown size & forecasts, 2022-2032
- 10.1.2. Canada Optical Fiber Cable Market
- 10.2. Europe Optical Fiber Cable Market
- 10.2.1. U.K. Optical Fiber Cable Market
- 10.2.2. Germany Optical Fiber Cable Market
- 10.2.3. France Optical Fiber Cable Market
- 10.2.4. Spain Optical Fiber Cable Market
- 10.2.5. Italy Optical Fiber Cable Market
- 10.2.6. Rest of Europe Optical Fiber Cable Market
- 10.3. Asia-Pacific Optical Fiber Cable Market
- 10.3.1. China Optical Fiber Cable Market
- 10.3.2. India Optical Fiber Cable Market
- 10.3.3. Japan Optical Fiber Cable Market
- 10.3.4. Australia Optical Fiber Cable Market
- 10.3.5. South Korea Optical Fiber Cable Market
- 10.3.6. Rest of Asia Pacific Optical Fiber Cable Market
- 10.4. Latin America Optical Fiber Cable Market
- 10.4.1. Brazil Optical Fiber Cable Market
- 10.4.2. Mexico Optical Fiber Cable Market
- 10.4.3. Rest of Latin America Optical Fiber Cable Market
- 10.5. Middle East & Africa Optical Fiber Cable Market
- 10.5.1. Saudi Arabia Optical Fiber Cable Market
- 10.5.2. South Africa Optical Fiber Cable Market
- 10.5.3. Rest of Middle East & Africa Optical Fiber Cable Market
Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Corning Incorporated
- 11.1.2. Prysmian Group
- 11.1.3. Furukawa Electric Co., Ltd.
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. Corning Incorporated
- 11.3.1.1. Key Information
- 11.3.1.2. Overview
- 11.3.1.3. Financial (Subject to Data Availability)
- 11.3.1.4. Product Summary
- 11.3.1.5. Market Strategies
- 11.3.2. Prysmian Group
- 11.3.3. Furukawa Electric Co., Ltd.
- 11.3.4. Sumitomo Electric Industries, Ltd.
- 11.3.5. Nexans S.A.
- 11.3.6. Fujikura Ltd.
- 11.3.7. Sterlite Technologies Limited
- 11.3.8. Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC)
- 11.3.9. CommScope Holding Company, Inc.
- 11.3.10. Leoni AG
- 11.3.11. LS Cable & System Ltd.
- 11.3.12. OFS Fitel, LLC
- 11.3.13. Hengtong Group Co., Ltd.
- 11.3.14. FiberHome Telecommunication Technologies Co., Ltd.
- 11.3.15. ZTT Group
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes