PUBLISHER: The Business Research Company | PRODUCT CODE: 1713395
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713395
Multimode fiber cable is an optical fiber designed to transmit multiple light rays at slightly different angles of reflection. While it is more affordable for shorter distances, it experiences higher signal loss and offers lower bandwidth than single-mode fiber. It is typically used for high-speed data transmission, including video, voice, and data communication, over shorter distances.
The primary product types of multimode fiber optic cables are step-index fiber and gradient type. Step-index fiber consists of a cylindrical waveguide core with an inner core featuring a uniform refractive index of n1 and an outer cladding with a uniform refractive index of n2. These cables can be constructed using materials such as plastic optical fiber and glass optical fiber to create both single-mode and multi-mode cable options. These cables have a wide range of applications, serving IT and telecom, government, energy, automotive, and various other industries.
The multimode-fiber optic cable market research report is one of a series of new reports from The Business Research Company that provides multimode-fiber cable market statistics, including multimode-fiber cable industry global market size, regional shares, competitors with a multimode-fiber cable market share, detailed multimode-fiber cable market segments, market trends and opportunities, and any further data you may need to thrive in the multimode-fiber cable industry. This multimode-fiber cable market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The multimode-fiber cable market size has declined in recent years. It will decline from " $11.67 billion in 2024 to $11.34 billion in 2025 at a compound annual growth rate (CAGR) of -2.8%. The decline in the historic period can be attributed to increased competition, economic downturns, shift in industry preferences.
The multimode-fiber cable market size is expected to see steady growth in the next few years. It will grow to $12.98 billion in 2029 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to 5g and iot networks, smart buildings, edge computing, video streaming and high-definition content, private 5g networks. Major trends in the forecast period include high-speed transceivers, optical fiber mpo/mtp connectors, om5 multimode fiber, data center interconnectivity, multimode fiber for 400g and beyond.
Increased demand for greater bandwidth and swifter internet connections is set to drive the growth of the multimode-fiber cable market. The upsurge in demand for higher bandwidth stems from enterprises and individuals, primarily due to the escalating use of the internet for activities such as video calls, gaming, online shopping, and social media. Fiber optic cables, leveraging light instead of electricity to transmit data, are instrumental in accelerating internet connections capable of managing larger bandwidth. For instance, the adoption of 4K Ultra High Definition (UHD) TVs at residences requires substantially more data-approximately 15-18 Mbps, three times that of standard HD TVs. Projections for 2022 estimate that roughly 62% of connected flat panel TV sets will be 4K, signaling a significant surge in demand for higher bandwidth and heightened video consumption. Hence, the escalating need for faster internet speeds and expanded bandwidth propels the growth of the multimode-fiber cable market.
The increasing adoption of Internet of Things (IoT) devices is anticipated to drive the growth of the multimode fiber cable market. IoT refers to the network of physical devices, vehicles, buildings, and other objects embedded with sensors, software, and connectivity to collect and exchange data over the internet. IoT devices often depend on data centers to process and store the vast amounts of data they generate. Multimode fiber cables are used within data centers to ensure high-speed, low-latency connections between servers, switches, and storage systems, which is essential for efficiently managing the data produced by IoT devices. For example, according to IoT Analytics, a Germany-based internet company, 16.6 billion IoT devices are projected to be connected globally by the end of 2023, with a 13% growth forecasted to reach 18.8 billion devices by the end of 2024. As a result, the expanding adoption of IoT devices is fueling the growth of the multimode fiber cable market.
The advancement of technology within the fiber optic cable industry is a prominent trend fueling the growth of the multimode-fiber cable market. A noteworthy technological development is the introduction of Wavelength Division Multiplexing (WDM) in fiber cables. Wavelength Division Multiplexing is a technique that enables the multiplexing of a multitude of optical carrier signals through a single optical fiber channel by varying the wavelengths of laser lights. WDM holds the capability to facilitate bidirectional communication within fiber cables, allowing for communication in all directions. In practice, WDMs are applied to a single optical fiber to combine light signals originating from different optical fibers. This is accomplished through the use of a coupler at the input of the WDM. In 2023, the Asia-Pacific region is anticipated to emerge as the fastest-growing market for WDMs, with several Chinese companies like ZG Technology and Optic Network Technology leading as prominent manufacturers and suppliers of WDMs.
Leading companies in the multimode-fiber cable market are actively innovating with new technologies, such as the adoption of gel-free, dry buffer tube technology, to enhance their market competitiveness and profitability. Gel-free, dry buffer tube technology involves a specialized water-blocking adhesive used in fiber optic cables to effectively absorb any moisture that the cable might encounter. In a significant development, AFL Telecommunications LLC, a U.S.-based telecommunications equipment company, introduced this gel-free, dry buffer tube technology in September 2023. This technology eliminates the need for buffer tubes filled with gel by efficiently absorbing any moisture the cable may come into contact with. In addition, this dry buffer tube approach is designed to streamline installation processes by omitting the requirement for support or messenger wires, making it cost-effective and straightforward.
In May 2022, Clearfield Inc., a US-based manufacturer of connectivity products, acquired Nestor Cables Ltd. for an undisclosed amount. This acquisition is set to expand Field Shield Fiber's supply capacity and facilitate fiber optic production across Europe. The move demonstrates Clearfield's commitment to providing innovative solutions to its clients, utilizing new technologies to enhance the quality and efficiency of its products. Nestor Cables Ltd. is a telecommunications service company based in Finland.
Major companies operating in the multimode-fiber cable market include Corning Incorporated, TE Connectivity Ltd., CommScope Inc., 3M Company, Fujikura Ltd., Amphenol Corporation, Molex LLC, Prysmian Group, OFS Furukawa, Belden Inc., Sumitomo Electric Industries Ltd., HUBER+SUHNER AG, Nexans S.A., LS Cable & System Ltd., Aptiv PLC, Yangtze Optical Fibre and Cable Joint Stock Limited Company, HTGD (Hengtong Group Dalian Hengtong Optic-Electric Co. Ltd.), Radiall, AFL (AFL Telecommunications), Furukawa Electric Co. Ltd., Optical Cable Corporation, Berk-Tek (a Nexans company), Leviton Manufacturing Co. Inc., Panduit Corporation, Superior Essex Inc., Yangtze Optical Fibre and Cable Joint Stock Limited Company (Futong), Tongding, FiberHome Technologies Group, General Cable Technologies Corporation, Kaile Science & Technology Co. Ltd., Hengtong Group Co. Ltd., Infinera Corporation, Hindustan Cables Limited, Leoni AG, Panduit Corporation, Siemon Company, Sterlite Technologies Limited, Superior Essex Inc., Thorlabs Inc., Timbercon Inc., Transition Networks Inc., VIAVI Solutions Inc.
Asia-Pacific was the largest region in the multimode-fiber cable market in 2024. North America was the second-largest region in the multimode-fiber cable market. The regions covered in the multimode-fiber cable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the multimode-fiber cable market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The multimode-fiber cable market consists of sales of glass fiber cables, plastic optical fiber cables, and other single-mode fiber cables. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Multimode-Fiber Cable Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on multimode-fiber cable market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for multimode-fiber cable ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The multimode-fiber cable market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.