PUBLISHER: KBV Research | PRODUCT CODE: 1709913
PUBLISHER: KBV Research | PRODUCT CODE: 1709913
Europe Fiber Optics Market Size, Share & Trends Analysis Report By Type (Multi-mode, Single mode, and Plastic Optical Fiber (POF)), By Application, By Country and Growth Forecast, 2024 - 2031
The Europe Fiber Optics Market would witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Fiber Optics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $934.7 million by 2031. The UK market is registering a CAGR of 6.1% during (2024 - 2031). Additionally, The France market would witness a CAGR of 7.9% during (2024 - 2031).
In the medical field, fiber optics has opened new frontiers, particularly in minimally invasive procedures. Endoscopes and other imaging devices leverage its flexibility and precision to provide real-time visuals inside the human body, aiding diagnostics and surgery. Similarly, in the military and aerospace sectors, fiber optic systems are employed for secure communication, navigation, and sensing, where reliability under extreme conditions is paramount. Industrial applications include automation and robotics, where fiber optics supports high-speed data transfer for real-time control and monitoring. Additionally, the technology is used in sensing applications, such as detecting temperature, pressure, or structural integrity in infrastructure projects like bridges and pipelines. These diverse applications underscore the versatility of fiber optics and its ability to address specialized needs across domains.
Furthermore, the adoption of fiber optics has accelerated in recent years, driven by the increasing demand for high-speed and reliable connectivity. Governments, businesses, and service providers have recognized its value in bridging digital divides and enhancing infrastructure. Urban areas, in particular, have seen widespread deployment as part of efforts to modernize communication networks and support smart city initiatives. Rural and underserved regions are also witnessing gradual integration, often spurred by public-private partnerships aimed at expanding access to broadband services.
Italy's healthcare sector saw ICT expenditures reach $1.98 billion in 2022, a 7% increase from 2021. With the government allocating €1.67 billion for electronic medical records (EMR) and e-health infrastructure under the National Recovery and Resilience Program (NRRP), fiber optics are essential for supporting high-speed healthcare data exchange. Additionally, telemedicine initiatives, receiving an extra €1 billion in funding, require fiber optic connectivity for seamless remote patient monitoring, high-definition video consultations, and secure medical data transmission. As Italy prioritizes digital healthcare transformation, fiber optics are becoming a critical component in hospital networks, diagnostics, and cloud-based medical services. Therefore, France's aerospace sector, the UK's space and drone industry, and Italy's digital healthcare expansion are all driving demand for fiber optics.
Based on Type, the market is segmented into Multi-mode, Single mode, and Plastic Optical Fiber (POF). Based on Application, the market is segmented into Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, Railway, and Other Application. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Corning Incorporated
- Prysmian Group
- Sumitomo Electric Industries, Ltd.
- Nexans S.A.
- Fujikura Ltd.
- Leoni AG
- Hengtong Group Co., Ltd.
- TE Connectivity Ltd.
- PCT International, Inc.
- Coherent Corp.
Europe Fiber Optics Market Report Segmentation
By Type
- Multi-mode
- Single mode
- Plastic Optical Fiber (POF)
By Application
- Telecom
- Oil & Gas
- Military & Aerospace
- BFSI
- Medical
- Railway
- Other Application
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Fiber Optics Market, by Type
- 1.4.2 Europe Fiber Optics Market, by Application
- 1.4.3 Europe Fiber Optics Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Europe Fiber Optics Market by Type
- 4.1 Europe Multi-mode Market by Country
- 4.2 Europe Single mode Market by Country
- 4.3 Europe Plastic Optical Fiber (POF) Market by Country
Chapter 5. Europe Fiber Optics Market by Application
- 5.1 Europe Telecom Market by Country
- 5.2 Europe Oil & Gas Market by Country
- 5.3 Europe Military & Aerospace Market by Country
- 5.4 Europe BFSI Market by Country
- 5.5 Europe Medical Market by Country
- 5.6 Europe Railway Market by Country
- 5.7 Europe Other Application Market by Country
Chapter 6. Europe Fiber Optics Market by Country
- 6.1 Germany Fiber Optics Market
- 6.1.1 Germany Fiber Optics Market by Type
- 6.1.2 Germany Fiber Optics Market by Application
- 6.2 UK Fiber Optics Market
- 6.2.1 UK Fiber Optics Market by Type
- 6.2.2 UK Fiber Optics Market by Application
- 6.3 France Fiber Optics Market
- 6.3.1 France Fiber Optics Market by Type
- 6.3.2 France Fiber Optics Market by Application
- 6.4 Russia Fiber Optics Market
- 6.4.1 Russia Fiber Optics Market by Type
- 6.4.2 Russia Fiber Optics Market by Application
- 6.5 Spain Fiber Optics Market
- 6.5.1 Spain Fiber Optics Market by Type
- 6.5.2 Spain Fiber Optics Market by Application
- 6.6 Italy Fiber Optics Market
- 6.6.1 Italy Fiber Optics Market by Type
- 6.6.2 Italy Fiber Optics Market by Application
- 6.7 Rest of Europe Fiber Optics Market
- 6.7.1 Rest of Europe Fiber Optics Market by Type
- 6.7.2 Rest of Europe Fiber Optics Market by Application
Chapter 7. Company Profiles
- 7.1 Corning Incorporated
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
- 7.2 Prysmian Group
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
- 7.3 Sumitomo Electric Industries, Ltd.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Nexans S.A.
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
- 7.5 Fujikura Ltd.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
- 7.6 Leoni AG
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 Hengtong Group Co., Ltd.
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 TE Connectivity Ltd.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 SWOT Analysis
- 7.9 PCT International, Inc.
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. Coherent Corp.
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 Recent strategies and developments:
- 7.10.5.1 Product Launches and Product Expansions:
- 7.10.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 Europe Fiber Optics Market, 2020 - 2023, USD Million
- TABLE 2 Europe Fiber Optics Market, 2024 - 2031, USD Million
- TABLE 3 Europe Fiber Optics Market by Type, 2020 - 2023, USD Million
- TABLE 4 Europe Fiber Optics Market by Type, 2024 - 2031, USD Million
- TABLE 5 Europe Multi-mode Market by Country, 2020 - 2023, USD Million
- TABLE 6 Europe Multi-mode Market by Country, 2024 - 2031, USD Million
- TABLE 7 Europe Single mode Market by Country, 2020 - 2023, USD Million
- TABLE 8 Europe Single mode Market by Country, 2024 - 2031, USD Million
- TABLE 9 Europe Plastic Optical Fiber (POF) Market by Country, 2020 - 2023, USD Million
- TABLE 10 Europe Plastic Optical Fiber (POF) Market by Country, 2024 - 2031, USD Million
- TABLE 11 Europe Fiber Optics Market by Application, 2020 - 2023, USD Million
- TABLE 12 Europe Fiber Optics Market by Application, 2024 - 2031, USD Million
- TABLE 13 Europe Telecom Market by Country, 2020 - 2023, USD Million
- TABLE 14 Europe Telecom Market by Country, 2024 - 2031, USD Million
- TABLE 15 Europe Oil & Gas Market by Country, 2020 - 2023, USD Million
- TABLE 16 Europe Oil & Gas Market by Country, 2024 - 2031, USD Million
- TABLE 17 Europe Military & Aerospace Market by Country, 2020 - 2023, USD Million
- TABLE 18 Europe Military & Aerospace Market by Country, 2024 - 2031, USD Million
- TABLE 19 Europe BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 20 Europe BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 21 Europe Medical Market by Country, 2020 - 2023, USD Million
- TABLE 22 Europe Medical Market by Country, 2024 - 2031, USD Million
- TABLE 23 Europe Railway Market by Country, 2020 - 2023, USD Million
- TABLE 24 Europe Railway Market by Country, 2024 - 2031, USD Million
- TABLE 25 Europe Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 26 Europe Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 27 Europe Fiber Optics Market by Country, 2020 - 2023, USD Million
- TABLE 28 Europe Fiber Optics Market by Country, 2024 - 2031, USD Million
- TABLE 29 Germany Fiber Optics Market, 2020 - 2023, USD Million
- TABLE 30 Germany Fiber Optics Market, 2024 - 2031, USD Million
- TABLE 31 Germany Fiber Optics Market by Type, 2020 - 2023, USD Million
- TABLE 32 Germany Fiber Optics Market by Type, 2024 - 2031, USD Million
- TABLE 33 Germany Fiber Optics Market by Application, 2020 - 2023, USD Million
- TABLE 34 Germany Fiber Optics Market by Application, 2024 - 2031, USD Million
- TABLE 35 UK Fiber Optics Market, 2020 - 2023, USD Million
- TABLE 36 UK Fiber Optics Market, 2024 - 2031, USD Million
- TABLE 37 UK Fiber Optics Market by Type, 2020 - 2023, USD Million
- TABLE 38 UK Fiber Optics Market by Type, 2024 - 2031, USD Million
- TABLE 39 UK Fiber Optics Market by Application, 2020 - 2023, USD Million
- TABLE 40 UK Fiber Optics Market by Application, 2024 - 2031, USD Million
- TABLE 41 France Fiber Optics Market, 2020 - 2023, USD Million
- TABLE 42 France Fiber Optics Market, 2024 - 2031, USD Million
- TABLE 43 France Fiber Optics Market by Type, 2020 - 2023, USD Million
- TABLE 44 France Fiber Optics Market by Type, 2024 - 2031, USD Million
- TABLE 45 France Fiber Optics Market by Application, 2020 - 2023, USD Million
- TABLE 46 France Fiber Optics Market by Application, 2024 - 2031, USD Million
- TABLE 47 Russia Fiber Optics Market, 2020 - 2023, USD Million
- TABLE 48 Russia Fiber Optics Market, 2024 - 2031, USD Million
- TABLE 49 Russia Fiber Optics Market by Type, 2020 - 2023, USD Million
- TABLE 50 Russia Fiber Optics Market by Type, 2024 - 2031, USD Million
- TABLE 51 Russia Fiber Optics Market by Application, 2020 - 2023, USD Million
- TABLE 52 Russia Fiber Optics Market by Application, 2024 - 2031, USD Million
- TABLE 53 Spain Fiber Optics Market, 2020 - 2023, USD Million
- TABLE 54 Spain Fiber Optics Market, 2024 - 2031, USD Million
- TABLE 55 Spain Fiber Optics Market by Type, 2020 - 2023, USD Million
- TABLE 56 Spain Fiber Optics Market by Type, 2024 - 2031, USD Million
- TABLE 57 Spain Fiber Optics Market by Application, 2020 - 2023, USD Million
- TABLE 58 Spain Fiber Optics Market by Application, 2024 - 2031, USD Million
- TABLE 59 Italy Fiber Optics Market, 2020 - 2023, USD Million
- TABLE 60 Italy Fiber Optics Market, 2024 - 2031, USD Million
- TABLE 61 Italy Fiber Optics Market by Type, 2020 - 2023, USD Million
- TABLE 62 Italy Fiber Optics Market by Type, 2024 - 2031, USD Million
- TABLE 63 Italy Fiber Optics Market by Application, 2020 - 2023, USD Million
- TABLE 64 Italy Fiber Optics Market by Application, 2024 - 2031, USD Million
- TABLE 65 Rest of Europe Fiber Optics Market, 2020 - 2023, USD Million
- TABLE 66 Rest of Europe Fiber Optics Market, 2024 - 2031, USD Million
- TABLE 67 Rest of Europe Fiber Optics Market by Type, 2020 - 2023, USD Million
- TABLE 68 Rest of Europe Fiber Optics Market by Type, 2024 - 2031, USD Million
- TABLE 69 Rest of Europe Fiber Optics Market by Application, 2020 - 2023, USD Million
- TABLE 70 Rest of Europe Fiber Optics Market by Application, 2024 - 2031, USD Million
- TABLE 71 Key Information - Corning Incorporated
- TABLE 72 Key Information - Prysmian Group
- TABLE 73 Key Information - Sumitomo Electric Industries, Ltd.
- TABLE 74 Key Information - Nexans S.A.
- TABLE 75 Key Information - Fujikura Ltd.
- TABLE 76 Key Information - Leoni AG
- TABLE 77 Key Information - HENGTONG GROUP CO., LTD.
- TABLE 78 Key information -TE Connectivity Ltd.
- TABLE 79 Key Information - PCT International, Inc.
- TABLE 80 Key Information - Coherent Corp.
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 Europe Fiber Optics Market, 2020 - 2031, USD Million
- FIG 3 Key Factors Impacting Fiber Optics Market
- FIG 4 Porter's Five Forces Analysis - Fiber Optics Market
- FIG 5 Europe Fiber Optics Market share by Type, 2023
- FIG 6 Europe Fiber Optics Market share by Type, 2031
- FIG 7 Europe Fiber Optics Market by Type, 2020 - 2031, USD Million
- FIG 8 Europe Fiber Optics Market share by Application, 2023
- FIG 9 Europe Fiber Optics Market share by Application, 2031
- FIG 10 Europe Fiber Optics Market by Application, 2020 - 2031, USD Million
- FIG 11 Europe Fiber Optics Market share by Country, 2023
- FIG 12 Europe Fiber Optics Market share by Country, 2031
- FIG 13 Europe Fiber Optics Market by Country, 2020 - 2031, USD Million
- FIG 14 SWOT Analysis: Corning Incorporated
- FIG 15 SWOT Analysis: Prysmian Group
- FIG 16 SWOT Analysis: Sumitomo Electric Industries, Ltd
- FIG 17 SWOT Analysis: Nexans S.A.
- FIG 18 SWOT Analysis: Fujikura Ltd.
- FIG 19 SWOT Analysis: Leoni AG
- FIG 20 SWOT Analysis: HENGTONG GROUP CO., LTD.
- FIG 21 SWOT Analysis: TE Connectivity Ltd.
- FIG 22 SWOT Analysis: PCT International, Inc.
- FIG 23 SWOT Analysis: Coherent Corp.
