The Global Plastic Optic Fiber Market size is expected to reach $8.6 billion by 2030, rising at a market growth of 8.4% CAGR during the forecast period.
POF is utilized in medical imaging devices, including endoscopes, cameras, and imaging systems. Therefore, the healthcare segment acquired $575.7 million revenue in 2022. Its flexibility and ability to transmit light efficiently make it suitable for applications where precise and high-quality imaging is essential for diagnostic purposes.
POF is inherently non-conductive, making it a safe choice for medical applications where electrical conductivity can pose risks. In environments where patient safety is paramount, such as medical imaging and diagnostics, the non-conductive nature of POF ensures that it does not interfere with sensitive medical equipment. POF is employed in endoscopy and medical imaging applications, where flexibility and biocompatibility are essential.
Additionally, POF is employed in infotainment systems to transmit audio and video signals. Its ability to provide high-quality, interference-free transmission enhances the performance of infotainment systems, contributing to a better user experience for passengers. Hence, expansion of automotive industry integration has been a pivotal factor in driving the growth of the market.
However, without global standards, there is a risk of interoperability issues when integrating POF into existing optical fiber networks. Different specifications or variations in POF technologies can lead to compatibility challenges, hindering the smooth communication and collaboration between systems and devices. Thus, lack of global standardization can slow down the growth of the market.
By Cable Type Analysis
By cable type, the market is categorized into single mode and multi mode. The multi mode segment acquired 44% revenue share in the market in 2022. Multi-mode POF is compatible with low-cost light sources, such as light emitting diodes (LEDs). his includes applications in home audio systems, professional audio setups, and multimedia installations where reliable and cost-effective audio transmission is crucial.
By End-Use Industry Analysis
Based on end-use industry, the market is classified into IT & telecommunication, energy & power, healthcare, aerospace & defense, and others. In 2022, the IT & telecommunication segment witnessed 41.4% revenue share in the market. POF, with its ability to support high bandwidth and low latency, finds applications in 5G network infrastructure. POF's characteristics, such as flexibility and ease of installation, contribute to its use in the manufacturing processes of telecommunications equipment.
By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region led the market by generating 49.2% revenue share. The Asia Pacific region has seen widespread adoption of emerging technologies and the IoT. Asia Pacific is a hub for manufacturing and industrial activities.
List of Key Companies Profiled
- Corning Incorporated
- Prysmian Group
- Sumitomo Electric Industries, Ltd.
- Yangtze Optical Fibre and Cable Joint Stock Limited Company
- Fujikura Ltd.
- Leoni AG
- Hengtong Group Co., Ltd.
- Finolex Cables Ltd. (Finolex Group)
- PCT International, Inc.
- Coherent Corp.
Global Plastic Optic Fiber Market Report Segmentation
By Cable Type
By End-Use Industry
- IT & Telecommunication
- Energy & Power
- Aerospace & Defense
- Healthcare
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Plastic Optic Fiber Market, by Cable Type
- 1.4.2Global Plastic Optic Fiber Market, by End-Use Industry
- 1.4.3Global Plastic Optic Fiber Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Global Plastic Optic Fiber Market by Cable Type
- 4.1Global Single Mode Market by Region
- 4.2Global Multi Mode Market by Region
Chapter 5.Global Plastic Optic Fiber Market by End-Use Industry
- 5.1Global IT & Telecommunication Market by Region
- 5.2Global Energy & Power Market by Region
- 5.3Global Aerospace & Defense Market by Region
- 5.4Global Healthcare Market by Region
- 5.5Global Others Market by Region
Chapter 6.Global Plastic Optic Fiber Market by Region
- 6.1North America Plastic Optic Fiber Market
- 6.1.1North America Plastic Optic Fiber Market by Cable Type
- 6.1.1.1North America Single Mode Market by Country
- 6.1.1.2North America Multi Mode Market by Country
- 6.1.2North America Plastic Optic Fiber Market by End-Use Industry
- 6.1.2.1North America IT & Telecommunication Market by Country
- 6.1.2.2North America Energy & Power Market by Country
- 6.1.2.3North America Aerospace & Defense Market by Country
- 6.1.2.4North America Healthcare Market by Country
- 6.1.2.5North America Others Market by Country
- 6.1.3North America Plastic Optic Fiber Market by Country
- 6.1.3.1US Plastic Optic Fiber Market
- 6.1.3.1.1US Plastic Optic Fiber Market by Cable Type
- 6.1.3.1.2US Plastic Optic Fiber Market by End-Use Industry
- 6.1.3.2Canada Plastic Optic Fiber Market
- 6.1.3.2.1Canada Plastic Optic Fiber Market by Cable Type
- 6.1.3.2.2Canada Plastic Optic Fiber Market by End-Use Industry
- 6.1.3.3Mexico Plastic Optic Fiber Market
- 6.1.3.3.1Mexico Plastic Optic Fiber Market by Cable Type
- 6.1.3.3.2Mexico Plastic Optic Fiber Market by End-Use Industry
- 6.1.3.4Rest of North America Plastic Optic Fiber Market
- 6.1.3.4.1Rest of North America Plastic Optic Fiber Market by Cable Type
- 6.1.3.4.2Rest of North America Plastic Optic Fiber Market by End-Use Industry
- 6.2Europe Plastic Optic Fiber Market
- 6.2.1Europe Plastic Optic Fiber Market by Cable Type
- 6.2.1.1Europe Single Mode Market by Country
- 6.2.1.2Europe Multi Mode Market by Country
- 6.2.2Europe Plastic Optic Fiber Market by End-Use Industry
- 6.2.2.1Europe IT & Telecommunication Market by Country
- 6.2.2.2Europe Energy & Power Market by Country
- 6.2.2.3Europe Aerospace & Defense Market by Country
- 6.2.2.4Europe Healthcare Market by Country
- 6.2.2.5Europe Others Market by Country
- 6.2.3Europe Plastic Optic Fiber Market by Country
- 6.2.3.1Germany Plastic Optic Fiber Market
- 6.2.3.1.1Germany Plastic Optic Fiber Market by Cable Type
- 6.2.3.1.2Germany Plastic Optic Fiber Market by End-Use Industry
- 6.2.3.2UK Plastic Optic Fiber Market
- 6.2.3.2.1UK Plastic Optic Fiber Market by Cable Type
- 6.2.3.2.2UK Plastic Optic Fiber Market by End-Use Industry
- 6.2.3.3France Plastic Optic Fiber Market
- 6.2.3.3.1France Plastic Optic Fiber Market by Cable Type
- 6.2.3.3.2France Plastic Optic Fiber Market by End-Use Industry
- 6.2.3.4Russia Plastic Optic Fiber Market
- 6.2.3.4.1Russia Plastic Optic Fiber Market by Cable Type
- 6.2.3.4.2Russia Plastic Optic Fiber Market by End-Use Industry
- 6.2.3.5Spain Plastic Optic Fiber Market
- 6.2.3.5.1Spain Plastic Optic Fiber Market by Cable Type
- 6.2.3.5.2Spain Plastic Optic Fiber Market by End-Use Industry
- 6.2.3.6Italy Plastic Optic Fiber Market
- 6.2.3.6.1Italy Plastic Optic Fiber Market by Cable Type
- 6.2.3.6.2Italy Plastic Optic Fiber Market by End-Use Industry
- 6.2.3.7Rest of Europe Plastic Optic Fiber Market
- 6.2.3.7.1Rest of Europe Plastic Optic Fiber Market by Cable Type
- 6.2.3.7.2Rest of Europe Plastic Optic Fiber Market by End-Use Industry
- 6.3Asia Pacific Plastic Optic Fiber Market
- 6.3.1Asia Pacific Plastic Optic Fiber Market by Cable Type
- 6.3.1.1Asia Pacific Single Mode Market by Country
- 6.3.1.2Asia Pacific Multi Mode Market by Country
- 6.3.2Asia Pacific Plastic Optic Fiber Market by End-Use Industry
- 6.3.2.1Asia Pacific IT & Telecommunication Market by Country
- 6.3.2.2Asia Pacific Energy & Power Market by Country
- 6.3.2.3Asia Pacific Aerospace & Defense Market by Country
- 6.3.2.4Asia Pacific Healthcare Market by Country
- 6.3.2.5Asia Pacific Others Market by Country
- 6.3.3Asia Pacific Plastic Optic Fiber Market by Country
- 6.3.3.1China Plastic Optic Fiber Market
- 6.3.3.1.1China Plastic Optic Fiber Market by Cable Type
- 6.3.3.1.2China Plastic Optic Fiber Market by End-Use Industry
- 6.3.3.2Japan Plastic Optic Fiber Market
- 6.3.3.2.1Japan Plastic Optic Fiber Market by Cable Type
- 6.3.3.2.2Japan Plastic Optic Fiber Market by End-Use Industry
- 6.3.3.3India Plastic Optic Fiber Market
- 6.3.3.3.1India Plastic Optic Fiber Market by Cable Type
- 6.3.3.3.2India Plastic Optic Fiber Market by End-Use Industry
- 6.3.3.4South Korea Plastic Optic Fiber Market
- 6.3.3.4.1South Korea Plastic Optic Fiber Market by Cable Type
- 6.3.3.4.2South Korea Plastic Optic Fiber Market by End-Use Industry
- 6.3.3.5Singapore Plastic Optic Fiber Market
- 6.3.3.5.1Singapore Plastic Optic Fiber Market by Cable Type
- 6.3.3.5.2Singapore Plastic Optic Fiber Market by End-Use Industry
- 6.3.3.6Malaysia Plastic Optic Fiber Market
- 6.3.3.6.1Malaysia Plastic Optic Fiber Market by Cable Type
- 6.3.3.6.2Malaysia Plastic Optic Fiber Market by End-Use Industry
- 6.3.3.7Rest of Asia Pacific Plastic Optic Fiber Market
- 6.3.3.7.1Rest of Asia Pacific Plastic Optic Fiber Market by Cable Type
- 6.3.3.7.2Rest of Asia Pacific Plastic Optic Fiber Market by End-Use Industry
- 6.4LAMEA Plastic Optic Fiber Market
- 6.4.1LAMEA Plastic Optic Fiber Market by Cable Type
- 6.4.1.1LAMEA Single Mode Market by Country
- 6.4.1.2LAMEA Multi Mode Market by Country
- 6.4.2LAMEA Plastic Optic Fiber Market by End-Use Industry
- 6.4.2.1LAMEA IT & Telecommunication Market by Country
- 6.4.2.2LAMEA Energy & Power Market by Country
- 6.4.2.3LAMEA Aerospace & Defense Market by Country
- 6.4.2.4LAMEA Healthcare Market by Country
- 6.4.2.5LAMEA Others Market by Country
- 6.4.3LAMEA Plastic Optic Fiber Market by Country
- 6.4.3.1Brazil Plastic Optic Fiber Market
- 6.4.3.1.1Brazil Plastic Optic Fiber Market by Cable Type
- 6.4.3.1.2Brazil Plastic Optic Fiber Market by End-Use Industry
- 6.4.3.2Argentina Plastic Optic Fiber Market
- 6.4.3.2.1Argentina Plastic Optic Fiber Market by Cable Type
- 6.4.3.2.2Argentina Plastic Optic Fiber Market by End-Use Industry
- 6.4.3.3UAE Plastic Optic Fiber Market
- 6.4.3.3.1UAE Plastic Optic Fiber Market by Cable Type
- 6.4.3.3.2UAE Plastic Optic Fiber Market by End-Use Industry
- 6.4.3.4Saudi Arabia Plastic Optic Fiber Market
- 6.4.3.4.1Saudi Arabia Plastic Optic Fiber Market by Cable Type
- 6.4.3.4.2Saudi Arabia Plastic Optic Fiber Market by End-Use Industry
- 6.4.3.5South Africa Plastic Optic Fiber Market
- 6.4.3.5.1South Africa Plastic Optic Fiber Market by Cable Type
- 6.4.3.5.2South Africa Plastic Optic Fiber Market by End-Use Industry
- 6.4.3.6Nigeria Plastic Optic Fiber Market
- 6.4.3.6.1Nigeria Plastic Optic Fiber Market by Cable Type
- 6.4.3.6.2Nigeria Plastic Optic Fiber Market by End-Use Industry
- 6.4.3.7Rest of LAMEA Plastic Optic Fiber Market
- 6.4.3.7.1Rest of LAMEA Plastic Optic Fiber Market by Cable Type
- 6.4.3.7.2Rest of LAMEA Plastic Optic Fiber Market by End-Use Industry
Chapter 7.Company Profiles
- 7.1Corning Incorporated
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
- 7.2Prysmian Group
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expenses
- 7.2.5SWOT Analysis
- 7.3Sumitomo Electric Industries, Ltd.
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expenses
- 7.3.5SWOT Analysis
- 7.4Yangtze Optical Fibre and Cable Joint Stock Limited Company
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expenses
- 7.4.5SWOT Analysis
- 7.5Fujikura Ltd.
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expenses
- 7.5.5SWOT Analysis
- 7.6Leoni AG
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expense
- 7.6.5SWOT Analysis
- 7.7Hengtong Group Co., Ltd.
- 7.7.1Company Overview
- 7.7.2SWOT Analysis
- 7.8Finolex Cables Ltd. (Finolex Group)
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4SWOT Analysis
- 7.9PCT International, Inc.
- 7.9.1Company Overview
- 7.9.2SWOT Analysis
- 7.10.Coherent Corp.
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4Research & Development Expenses
- 7.10.5SWOT Analysis
Chapter 8.Winning imperatives of Plastic Optic Fiber Market