PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535683
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535683
Fiber Optic Preform Market - By Process, By Product Type (Single-mode, Multi-mode), By End User (Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, Railway) & Forecast 2024 - 2032
Global Fiber Optic Preform Market is projected to record over 20% CAGR from 2024 to 2032, ushered by the rising data traffic from digital devices and online services, which requires high-capacity fiber optic cables. This surge in data usage spurs the demand for fiber optic preforms, which are crucial in the production of these cables. Quoting an instance, in 2023, Prysmian Group launched its "FlexRibbon(R)" series of high-performance fiber optic preforms. It is designed for data centers and telecom networks, leading to advanced cable production, enhancing data transmission to meet the growing demands of digital services and cloud computing.
Innovations in preform manufacturing processes and materials are enhancing the performance and cost-effectiveness of fiber optic cables. Additionally, the ongoing development of smart cities and the Internet of Things (IoT) is further boosting the demand for fiber optic infrastructure, thereby propelling the market forward.
The fiber optic preform market is categorized based on process, product type, end-user, and region.
The multi-mode segment will witness a decent CAGR through 2032, owing to their suitability for high-bandwidth applications that require efficient data transmission over shorter distances. As organizations and data centers seek to enhance their network capabilities, multi-mode fiber optics provide a cost-effective solution for managing large volumes of data within confined environments. This increased focus on optimizing data transfer rates and improving network performance propels the demand for multi-mode fiber optic preforms.
The modified chemical vapor deposition (MCVD) segment will clutch a prominent market share by 2032, driven by the process's ability to produce high-purity, uniform optical fibers with precise characteristics. MCVD technology allows for enhanced control over the composition and structural integrity of the preforms, ensuring superior performance and reliability of the final fiber optics. As industries prioritize higher quality and performance in their optical communication systems, the efficiency of MCVD in meeting these requirements boosts its adoption.
North America fiber optic preform market will record an impressive CAGR during the forecast period, because of significant investments in upgrading and expanding telecommunication infrastructure. The region's emphasis on enabling high-speed internet connectivity, coupled with a rise in data center construction, strengthens the need for advanced optical networks. Additionally, the increasing adoption of smart technologies and IoT devices further fuels the demand for high-performance fiber optic solutions. North America's focus on technological innovation and digital transformation will accelerate the market growth across the region in the coming years.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Vendor matrix
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news and initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Increased demand for high-speed internet
- 3.8.1.2 Expansion of telecommunication networks
- 3.8.1.3 Advancements in fiber optic technology
- 3.8.1.4 Consumer demand for enhanced connectivity
- 3.8.1.5 Rising adoption in various industries
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 High production costs
- 3.8.2.2 Technological Complexity
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type, 2021 - 2032 (USD Million)
- 5.1 Single mode
- 5.2 Multi-mode
- 5.3 Others
Chapter 6 Market Estimates & Forecast, By Process, 2021 - 2032 (USD Million)
- 6.1 Vapor phase axial deposition (VAD)
- 6.2 Modified chemical vapor deposition (MCVD)
- 6.3 Outside vapor deposition (OVD)
- 6.4 Plasma activated chemical vapor deposition (PCVD)
Chapter 7 Market estimates & forecast, By End User, 2021 - 2032 (USD Million)
- 7.1 Telecom
- 7.2 Oil & gas
- 7.3 Military & aerospace
- 7.4 BFSI
- 7.5 Medical
- 7.6 Railway
- 7.7 Others
Chapter 8 Market Estimates & Forecast, By Region, 2021 - 2032 (USD Million)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Rest of Latin America
- 8.6 MEA
- 8.6.1 UAE
- 8.6.2 South Africa
- 8.6.3 Saudi Arabia
- 8.6.4 Rest of MEA
Chapter 9 Company Profiles
- 9.1 Corning Incorporated
- 9.2 FiberHome Technologies Group Co., Ltd.
- 9.3 Fujikura Ltd.
- 9.4 Furukawa Electric Co., Ltd.
- 9.5 HENGTONG GROUP CO., LTD
- 9.6 Heraeus Holding GmbH
- 9.7 Jiangsu Zhongtian Technology Co., Ltd.
- 9.8 Leoni GmbH
- 9.9 OFS Fitel, LLC
- 9.10 Optical Cable Corporation
- 9.11 Prysmian Group
- 9.12 Rosendahl Nextrom GmbH
- 9.13 Shin-Etsu Chemical Co., Ltd
- 9.14 Sterlite Technologies Limited
- 9.15 Sumitomo Electric Industries, Ltd.
- 9.16 Yangtze Optical Fibre and Cable Joint Stock Limited Company
