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Fiber Optics-Global Market Insights and Sales Trends 2024
Synopsis
Fiber optics is the technology used to transmit information as pulses of light through strands of fiber made of glass or plastic over long distances.
Optical fibers are about the diameter of a strand of human hair and when bundled into a fiber-optic cable, they’re capable of transmitting more data over longer distances and faster than other mediums.
Fiber optics has been used in the medical industry for years. The physical characteristics of fiber make it a natural choice for many different applications. Commonly used for illumination, flexible image bundles, light conductors, flexible light guides, laser delivery systems, and equipment interconnects, fiber optics provide a very compact, flexible conduit for light or data delivery in equipment, surgical, and instrumentation applications.
Traditional medical fiber optic applications include light therapy, x-ray imaging, ophthalmic lasers, lab and clinical diagnostics, dental hand pieces, surgical and diagnostic instrumentation, endoscopy, surgical microscopy, and a wide range of equipment and instrument illumination.
The global Fiber Optics market size is expected to reach US$ 16950 million by 2029, growing at a CAGR of 7.8% from 2023 to 2029. The market is mainly driven by the significant applications of Fiber Optics in various end use industries. The expanding demands from the IT and Telecoms, Medical, Robotics and Others, are propelling Fiber Optics market. Multi-Mode Fiber Optics, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Single-Mode Fiber Optics segment is estimated at % CAGR for the next seven-year period.
Fiber Optics are mainly classified into the following types: Single-Mode Optical Fiber and Multi-Mode Optical Fiber. Single-Mode Optical Fiber is the most widely used type which took up about 98 % of the total in 2019.
Fiber Optics have wide range of applications, such as IT and Telecoms, Medical, Robotics, etc. And IT and Telecoms was the most widely used area which took up about 83% of the global total in 2019.
APAC is the largest region of Fiber Optics in the world in the past few years and it will keep increasing in the next few years. APAC market took up about 52% the global market in 2019, while Americas and Europe were about 26%, 16%.
Prysmian, Hentong, Furukawa, Corning, YOFC, Futong, Sumitomo, Tongding Optic-Electronic, CommScope, etc. are the key suppliers in the global Fiber Optics market. Top 5 took up more than 40% of the global market in 2019.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Fiber Optics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Fiber Optics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Fiber Optics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Fiber Optics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Fiber Optics covered in this report include Prysmian, Hentong, Furukawa, Corning, YOFC, Futong, Sumitomo, Tongding Optic-Electronic and CommScope, etc.
The global Fiber Optics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Prysmian
Hentong
Furukawa
Corning
YOFC
Futong
Sumitomo
Tongding Optic-Electronic
CommScope
STL
FiberHome
Jiangsu Etern
ZTT
Fasten
Nexans
LS Cable and System
Global Fiber Optics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Fiber Optics market, Segment by Type:
Multi-Mode Fiber Optics
Single-Mode Fiber Optics
Global Fiber Optics market, by Application
IT and Telecoms
Medical
Robotics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Fiber Optics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Fiber Optics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Fiber optics is the technology used to transmit information as pulses of light through strands of fiber made of glass or plastic over long distances.
Optical fibers are about the diameter of a strand of human hair and when bundled into a fiber-optic cable, they’re capable of transmitting more data over longer distances and faster than other mediums.
Fiber optics has been used in the medical industry for years. The physical characteristics of fiber make it a natural choice for many different applications. Commonly used for illumination, flexible image bundles, light conductors, flexible light guides, laser delivery systems, and equipment interconnects, fiber optics provide a very compact, flexible conduit for light or data delivery in equipment, surgical, and instrumentation applications.
Traditional medical fiber optic applications include light therapy, x-ray imaging, ophthalmic lasers, lab and clinical diagnostics, dental hand pieces, surgical and diagnostic instrumentation, endoscopy, surgical microscopy, and a wide range of equipment and instrument illumination.
The global Fiber Optics market size is expected to reach US$ 16950 million by 2029, growing at a CAGR of 7.8% from 2023 to 2029. The market is mainly driven by the significant applications of Fiber Optics in various end use industries. The expanding demands from the IT and Telecoms, Medical, Robotics and Others, are propelling Fiber Optics market. Multi-Mode Fiber Optics, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Single-Mode Fiber Optics segment is estimated at % CAGR for the next seven-year period.
Fiber Optics are mainly classified into the following types: Single-Mode Optical Fiber and Multi-Mode Optical Fiber. Single-Mode Optical Fiber is the most widely used type which took up about 98 % of the total in 2019.
Fiber Optics have wide range of applications, such as IT and Telecoms, Medical, Robotics, etc. And IT and Telecoms was the most widely used area which took up about 83% of the global total in 2019.
APAC is the largest region of Fiber Optics in the world in the past few years and it will keep increasing in the next few years. APAC market took up about 52% the global market in 2019, while Americas and Europe were about 26%, 16%.
Prysmian, Hentong, Furukawa, Corning, YOFC, Futong, Sumitomo, Tongding Optic-Electronic, CommScope, etc. are the key suppliers in the global Fiber Optics market. Top 5 took up more than 40% of the global market in 2019.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Fiber Optics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Fiber Optics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Fiber Optics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Fiber Optics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Fiber Optics covered in this report include Prysmian, Hentong, Furukawa, Corning, YOFC, Futong, Sumitomo, Tongding Optic-Electronic and CommScope, etc.
The global Fiber Optics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Prysmian
Hentong
Furukawa
Corning
YOFC
Futong
Sumitomo
Tongding Optic-Electronic
CommScope
STL
FiberHome
Jiangsu Etern
ZTT
Fasten
Nexans
LS Cable and System
Global Fiber Optics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Fiber Optics market, Segment by Type:
Multi-Mode Fiber Optics
Single-Mode Fiber Optics
Global Fiber Optics market, by Application
IT and Telecoms
Medical
Robotics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Fiber Optics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Fiber Optics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Fiber Optics Market Overview
1.1 Fiber Optics Product Overview
1.2 Fiber Optics Market Segment by Type
1.2.1 Multi-Mode Fiber Optics
1.2.2 Single-Mode Fiber Optics
1.3 Global Fiber Optics Market Size by Type
1.3.1 Global Fiber Optics Market Size Overview by Type (2018-2029)
1.3.2 Global Fiber Optics Historic Market Size Review by Type (2018-2023)
1.3.3 Global Fiber Optics Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Fiber Optics Sales Breakdown by Type (2018-2023)
1.4.2 Europe Fiber Optics Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Fiber Optics Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Fiber Optics Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Fiber Optics Sales Breakdown by Type (2018-2023)
2 Global Fiber Optics Market Competition by Company
2.1 Global Top Players by Fiber Optics Sales (2018-2023)
2.2 Global Top Players by Fiber Optics Revenue (2018-2023)
2.3 Global Top Players by Fiber Optics Price (2018-2023)
2.4 Global Top Manufacturers Fiber Optics Manufacturing Base Distribution, Sales Area, Product Type
2.5 Fiber Optics Market Competitive Situation and Trends
2.5.1 Fiber Optics Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Fiber Optics Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Fiber Optics as of 2022)
2.7 Date of Key Manufacturers Enter into Fiber Optics Market
2.8 Key Manufacturers Fiber Optics Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Fiber Optics Status and Outlook by Region
3.1 Global Fiber Optics Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Fiber Optics Historic Market Size by Region
3.2.1 Global Fiber Optics Sales in Volume by Region (2018-2023)
3.2.2 Global Fiber Optics Sales in Value by Region (2018-2023)
3.2.3 Global Fiber Optics Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Fiber Optics Forecasted Market Size by Region
3.3.1 Global Fiber Optics Sales in Volume by Region (2024-2029)
3.3.2 Global Fiber Optics Sales in Value by Region (2024-2029)
3.3.3 Global Fiber Optics Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Fiber Optics by Application
4.1 Fiber Optics Market Segment by Application
4.1.1 IT and Telecoms
4.1.2 Medical
4.1.3 Robotics
4.1.4 Others
4.2 Global Fiber Optics Market Size by Application
4.2.1 Global Fiber Optics Market Size Overview by Application (2018-2029)
4.2.2 Global Fiber Optics Historic Market Size Review by Application (2018-2023)
4.2.3 Global Fiber Optics Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Fiber Optics Sales Breakdown by Application (2018-2023)
4.3.2 Europe Fiber Optics Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Fiber Optics Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Fiber Optics Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Fiber Optics Sales Breakdown by Application (2018-2023)
5 North America Fiber Optics by Country
5.1 North America Fiber Optics Historic Market Size by Country
5.1.1 North America Fiber Optics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Fiber Optics Sales in Volume by Country (2018-2023)
5.1.3 North America Fiber Optics Sales in Value by Country (2018-2023)
5.2 North America Fiber Optics Forecasted Market Size by Country
5.2.1 North America Fiber Optics Sales in Volume by Country (2024-2029)
5.2.2 North America Fiber Optics Sales in Value by Country (2024-2029)
6 Europe Fiber Optics by Country
6.1 Europe Fiber Optics Historic Market Size by Country
6.1.1 Europe Fiber Optics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Fiber Optics Sales in Volume by Country (2018-2023)
6.1.3 Europe Fiber Optics Sales in Value by Country (2018-2023)
6.2 Europe Fiber Optics Forecasted Market Size by Country
6.2.1 Europe Fiber Optics Sales in Volume by Country (2024-2029)
6.2.2 Europe Fiber Optics Sales in Value by Country (2024-2029)
7 Asia-Pacific Fiber Optics by Region
7.1 Asia-Pacific Fiber Optics Historic Market Size by Region
7.1.1 Asia-Pacific Fiber Optics Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Fiber Optics Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Fiber Optics Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Fiber Optics Forecasted Market Size by Region
7.2.1 Asia-Pacific Fiber Optics Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Fiber Optics Sales in Value by Region (2024-2029)
8 Latin America Fiber Optics by Country
8.1 Latin America Fiber Optics Historic Market Size by Country
8.1.1 Latin America Fiber Optics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Fiber Optics Sales in Volume by Country (2018-2023)
8.1.3 Latin America Fiber Optics Sales in Value by Country (2018-2023)
8.2 Latin America Fiber Optics Forecasted Market Size by Country
8.2.1 Latin America Fiber Optics Sales in Volume by Country (2024-2029)
8.2.2 Latin America Fiber Optics Sales in Value by Country (2024-2029)
9 Middle East and Africa Fiber Optics by Country
9.1 Middle East and Africa Fiber Optics Historic Market Size by Country
9.1.1 Middle East and Africa Fiber Optics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Fiber Optics Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Fiber Optics Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Fiber Optics Forecasted Market Size by Country
9.2.1 Middle East and Africa Fiber Optics Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Fiber Optics Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Prysmian
10.1.1 Prysmian Company Information
10.1.2 Prysmian Introduction and Business Overview
10.1.3 Prysmian Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Prysmian Fiber Optics Products Offered
10.1.5 Prysmian Recent Development
10.2 Hentong
10.2.1 Hentong Company Information
10.2.2 Hentong Introduction and Business Overview
10.2.3 Hentong Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hentong Fiber Optics Products Offered
10.2.5 Hentong Recent Development
10.3 Furukawa
10.3.1 Furukawa Company Information
10.3.2 Furukawa Introduction and Business Overview
10.3.3 Furukawa Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Furukawa Fiber Optics Products Offered
10.3.5 Furukawa Recent Development
10.4 Corning
10.4.1 Corning Company Information
10.4.2 Corning Introduction and Business Overview
10.4.3 Corning Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Corning Fiber Optics Products Offered
10.4.5 Corning Recent Development
10.5 YOFC
10.5.1 YOFC Company Information
10.5.2 YOFC Introduction and Business Overview
10.5.3 YOFC Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.5.4 YOFC Fiber Optics Products Offered
10.5.5 YOFC Recent Development
10.6 Futong
10.6.1 Futong Company Information
10.6.2 Futong Introduction and Business Overview
10.6.3 Futong Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Futong Fiber Optics Products Offered
10.6.5 Futong Recent Development
10.7 Sumitomo
10.7.1 Sumitomo Company Information
10.7.2 Sumitomo Introduction and Business Overview
10.7.3 Sumitomo Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sumitomo Fiber Optics Products Offered
10.7.5 Sumitomo Recent Development
10.8 Tongding Optic-Electronic
10.8.1 Tongding Optic-Electronic Company Information
10.8.2 Tongding Optic-Electronic Introduction and Business Overview
10.8.3 Tongding Optic-Electronic Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Tongding Optic-Electronic Fiber Optics Products Offered
10.8.5 Tongding Optic-Electronic Recent Development
10.9 CommScope
10.9.1 CommScope Company Information
10.9.2 CommScope Introduction and Business Overview
10.9.3 CommScope Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.9.4 CommScope Fiber Optics Products Offered
10.9.5 CommScope Recent Development
10.10 STL
10.10.1 STL Company Information
10.10.2 STL Introduction and Business Overview
10.10.3 STL Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.10.4 STL Fiber Optics Products Offered
10.10.5 STL Recent Development
10.11 FiberHome
10.11.1 FiberHome Company Information
10.11.2 FiberHome Introduction and Business Overview
10.11.3 FiberHome Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.11.4 FiberHome Fiber Optics Products Offered
10.11.5 FiberHome Recent Development
10.12 Jiangsu Etern
10.12.1 Jiangsu Etern Company Information
10.12.2 Jiangsu Etern Introduction and Business Overview
10.12.3 Jiangsu Etern Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Jiangsu Etern Fiber Optics Products Offered
10.12.5 Jiangsu Etern Recent Development
10.13 ZTT
10.13.1 ZTT Company Information
10.13.2 ZTT Introduction and Business Overview
10.13.3 ZTT Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ZTT Fiber Optics Products Offered
10.13.5 ZTT Recent Development
10.14 Fasten
10.14.1 Fasten Company Information
10.14.2 Fasten Introduction and Business Overview
10.14.3 Fasten Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Fasten Fiber Optics Products Offered
10.14.5 Fasten Recent Development
10.15 Nexans
10.15.1 Nexans Company Information
10.15.2 Nexans Introduction and Business Overview
10.15.3 Nexans Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Nexans Fiber Optics Products Offered
10.15.5 Nexans Recent Development
10.16 LS Cable and System
10.16.1 LS Cable and System Company Information
10.16.2 LS Cable and System Introduction and Business Overview
10.16.3 LS Cable and System Fiber Optics Sales, Revenue and Gross Margin (2018-2023)
10.16.4 LS Cable and System Fiber Optics Products Offered
10.16.5 LS Cable and System Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Fiber Optics Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Fiber Optics Industrial Chain Analysis
11.4 Fiber Optics Market Dynamics
11.4.1 Fiber Optics Industry Trends
11.4.2 Fiber Optics Market Drivers
11.4.3 Fiber Optics Market Challenges
11.4.4 Fiber Optics Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Fiber Optics Distributors
12.3 Fiber Optics Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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