Global Optical Fibre Market: Size, Trends & Forecasts (2019-2023)
SCOPE OF THE REPORT
The report titled “Global Optical Fibre Market: Size, Trends & Forecasts (2019-2023)” includes the analysis of the global optical fibre market in terms of value, segments and demand volume. The report also includes country/ regional analysis of the market for India, China, North America and Europe.
Under competitive landscape, players operating within the global optical fibre market have been compared on the basis of revenue and market capitalization. This is followed by the analysis of the global optical fibre market players in terms of share.
Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall optical fibre market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Yangtze Optical Fibre And Cable Joint Stock Limited Company (YOFC), Corning Incorporated, Prysmian Group and Fujikura Group are some of the major players operating in the global optical fibre market whose company profiling has been done in this report. In this section of the report, the business overview, financial overview and business strategies adopted by the respective companies have been provided.
Company Coverage
The optical fibre industry consists of three major products starting from downstream to upstream which include fibre preform, optical fibre and optical fibre cable (OFC). Manufacturing of preform (a solid glass rod) is the first step in the making of optical fibres. Optical fibres are drawn out from the heated up preform. OFC is a bundle of optical fibres that is used to carry light signals over long distances.
The global optical fibre market can be segmented on the basis of mode into single mode and multi mode fibres. On the basis of composition the market can be bifurcated into glass optical fibre and plastic/ polymer optical fibre. The market can split on the basis of application into broadcasting, lighting and decoration, mechanical inspections, computer networking, medical/ healthcare industry and defense.
The global optical fibre market is forecasted to grow at a healthy rate during the forecast period (2019-2023). The market is supported by various growth drivers such as increase in global internet traffic, spike in number of smartphone users globally, hike in adoption of Fibre to the Home (FTTH), initiatives by governments of various countries to boost OFC deployment, strategic initiatives such as product launches and collaborations undertaken by key players to strengthen their respective optical fibre businesses and cater to surging demand for high bandwidth from customers simultaneously. High cost of OFC deployment and installation barriers of optical fibres are some of the challenges faced by the market.
Evolution of 5G network, increasing popularity of cloud computing, rising number of video on demand (VoD) users and growth in Internet of Things (IoT) installed base are some of the trends in the market that have been captured in this report.
The report titled “Global Optical Fibre Market: Size, Trends & Forecasts (2019-2023)” includes the analysis of the global optical fibre market in terms of value, segments and demand volume. The report also includes country/ regional analysis of the market for India, China, North America and Europe.
Under competitive landscape, players operating within the global optical fibre market have been compared on the basis of revenue and market capitalization. This is followed by the analysis of the global optical fibre market players in terms of share.
Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall optical fibre market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Yangtze Optical Fibre And Cable Joint Stock Limited Company (YOFC), Corning Incorporated, Prysmian Group and Fujikura Group are some of the major players operating in the global optical fibre market whose company profiling has been done in this report. In this section of the report, the business overview, financial overview and business strategies adopted by the respective companies have been provided.
Company Coverage
- Yangtze Optical Fibre And Cable Joint Stock Limited Company (YOFC)
- Corning Incorporated
- Prysmian Group
- Fujikura Group
- India
- China
- North America
- Europe
The optical fibre industry consists of three major products starting from downstream to upstream which include fibre preform, optical fibre and optical fibre cable (OFC). Manufacturing of preform (a solid glass rod) is the first step in the making of optical fibres. Optical fibres are drawn out from the heated up preform. OFC is a bundle of optical fibres that is used to carry light signals over long distances.
The global optical fibre market can be segmented on the basis of mode into single mode and multi mode fibres. On the basis of composition the market can be bifurcated into glass optical fibre and plastic/ polymer optical fibre. The market can split on the basis of application into broadcasting, lighting and decoration, mechanical inspections, computer networking, medical/ healthcare industry and defense.
The global optical fibre market is forecasted to grow at a healthy rate during the forecast period (2019-2023). The market is supported by various growth drivers such as increase in global internet traffic, spike in number of smartphone users globally, hike in adoption of Fibre to the Home (FTTH), initiatives by governments of various countries to boost OFC deployment, strategic initiatives such as product launches and collaborations undertaken by key players to strengthen their respective optical fibre businesses and cater to surging demand for high bandwidth from customers simultaneously. High cost of OFC deployment and installation barriers of optical fibres are some of the challenges faced by the market.
Evolution of 5G network, increasing popularity of cloud computing, rising number of video on demand (VoD) users and growth in Internet of Things (IoT) installed base are some of the trends in the market that have been captured in this report.
1. EXECUTIVE SUMMARY
2. INTRODUCTION
2.1 Optical Fibre Market: An Overview
2.2 Optical Fibre: An Overview
2.3 Advantages and Disadvantages of Optical Fibre
2.4 Optical Fibre Market Segments
3. GLOBAL MARKET ANALYSIS
3.1 Global Optical Fibre Market: Value Analysis
3.1.1 Global Optical Fibre Market by Value
3.1.2 Global Optical Fibre Market Value by Segment (By Mode)
3.1.3 Global Single Mode Optical Fibre Market by Value
3.1.4 Global Single Mode Optical Fibre Market Value by Type (G.652 and Others)
3.1.5 Global Multi Mode Optical Fibre Market by Value
3.1.6 Global Optical Fibre Market Value by Segment (Application) (Healthcare/ Medical and Others)
3.1.7 Global Medical Optical Fibre Market by Value
3.2 Global Optical Fibre Market: Volume Analysis
3.2.1 Global Optical Fibre Market by Demand Volume
3.3 Global Optical Fibre Market: Regional Analysis
3.3.1 Global Optical Fibre Market Value by Region (India and Rest of the World)
3.3.2 Global Optical Fibre Market Demand Volume by Region (China, North America, Europe and Rest of the World)
4. COUNTRY/REGIONAL ANALYSIS
4.1 India Optical Fibre Market: An Analysis
4.1.1 India Optical Fibre Market by Value
4.2 China Optical Fibre Market: An Analysis
4.2.1 China Optical Fibre Market by Demand Volume
4.3 North America Optical Fibre Market: An Analysis
4.3.1 North America Optical Fibre Market by Demand Volume
4.4 Europe Optical Fibre Market: An Analysis
4.4.1 Europe Optical Fibre by Demand Volume
5. MARKET DYNAMICS
5.1 Growth Drivers
5.1.1 Increase in Global Internet Traffic
5.1.2 Boom in Number of Smartphone Users
5.1.3 Hike in Adoption of Fibre to the Home (FTTH)
5.1.4 Efforts by Governments to Boost Optical Fibre Cable (OFC) Deployments
5.1.5 Strategic Initiatives Undertaken by Key Players
5.2 Challenges
5.2.1 High Costs
5.2.2 Installation Barriers
5.3 Market Trends
5.3.1 Evolution of 5G Network
5.3.2 Increasing Popularity of Cloud Computing
5.3.3 Growth in Internet of Things (IoT) Installed Base
5.3.4 Rising Numbers of Video on Demand (VoD) Users
6. COMPETITIVE LANDSCAPE
6.1 Global Optical Fibre Market: Competitive Landscape
6.1.1 Global Optical Fibre Market Players by Share
7. COMPANY PROFILES
7.1 Yangtze Optical Fibre And Cable Joint Stock Limited Company (YOFC)
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Corning Incorporated
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 Prysmian Group
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Fujikura Group
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
2. INTRODUCTION
2.1 Optical Fibre Market: An Overview
2.2 Optical Fibre: An Overview
2.3 Advantages and Disadvantages of Optical Fibre
2.4 Optical Fibre Market Segments
3. GLOBAL MARKET ANALYSIS
3.1 Global Optical Fibre Market: Value Analysis
3.1.1 Global Optical Fibre Market by Value
3.1.2 Global Optical Fibre Market Value by Segment (By Mode)
3.1.3 Global Single Mode Optical Fibre Market by Value
3.1.4 Global Single Mode Optical Fibre Market Value by Type (G.652 and Others)
3.1.5 Global Multi Mode Optical Fibre Market by Value
3.1.6 Global Optical Fibre Market Value by Segment (Application) (Healthcare/ Medical and Others)
3.1.7 Global Medical Optical Fibre Market by Value
3.2 Global Optical Fibre Market: Volume Analysis
3.2.1 Global Optical Fibre Market by Demand Volume
3.3 Global Optical Fibre Market: Regional Analysis
3.3.1 Global Optical Fibre Market Value by Region (India and Rest of the World)
3.3.2 Global Optical Fibre Market Demand Volume by Region (China, North America, Europe and Rest of the World)
4. COUNTRY/REGIONAL ANALYSIS
4.1 India Optical Fibre Market: An Analysis
4.1.1 India Optical Fibre Market by Value
4.2 China Optical Fibre Market: An Analysis
4.2.1 China Optical Fibre Market by Demand Volume
4.3 North America Optical Fibre Market: An Analysis
4.3.1 North America Optical Fibre Market by Demand Volume
4.4 Europe Optical Fibre Market: An Analysis
4.4.1 Europe Optical Fibre by Demand Volume
5. MARKET DYNAMICS
5.1 Growth Drivers
5.1.1 Increase in Global Internet Traffic
5.1.2 Boom in Number of Smartphone Users
5.1.3 Hike in Adoption of Fibre to the Home (FTTH)
5.1.4 Efforts by Governments to Boost Optical Fibre Cable (OFC) Deployments
5.1.5 Strategic Initiatives Undertaken by Key Players
5.2 Challenges
5.2.1 High Costs
5.2.2 Installation Barriers
5.3 Market Trends
5.3.1 Evolution of 5G Network
5.3.2 Increasing Popularity of Cloud Computing
5.3.3 Growth in Internet of Things (IoT) Installed Base
5.3.4 Rising Numbers of Video on Demand (VoD) Users
6. COMPETITIVE LANDSCAPE
6.1 Global Optical Fibre Market: Competitive Landscape
6.1.1 Global Optical Fibre Market Players by Share
7. COMPANY PROFILES
7.1 Yangtze Optical Fibre And Cable Joint Stock Limited Company (YOFC)
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Corning Incorporated
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 Prysmian Group
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Fujikura Group
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
LIST OF FIGURES
Figure 1: Global Optical Fibre Market Segments
Figure 2: Global Optical Fibre Market by Value; 2015-2018 (US$ Billion)
Figure 3: Global Optical Fibre Market by Value; 2019-2023 (US$ Billion)
Figure 4: Global Optical Fibre Market Value by Mode; 2018 (Percentage,%)
Figure 5: Global Single Mode Optical Fibre Market by Value; 2017 -2018 (US$ Billion)
Figure 6: Global Single Mode Optical Fibre Market by Value; 2019-2023 (US$ Billion)
Figure 7: Global Single Mode Optical Fibre Market Value by Type; 2017 (Percentage,%)
Figure 8: Global Multi Mode Optical Fibre Market by Value; 2017-2018 (US$ Billion)
Figure 9: Global Multi Mode Optical Fibre Market by Value; 2019-2023 (US$ Billion)
Figure 10: Global Optical Fibre Market Value by Application; 2018 (Percentage,%)
Figure 11: Global Medical Optical Fibre Market by Value; 2013-2018 (US$ Billion)
Figure 12: Global Medical Optical Fibre Market by Value; 2019-2023 (US$ Billion)
Figure 13: Global Optical Fibre Market by Demand Volume; 2015-2018 (Million Fibre Kilometer (mfkm))
Figure 14: Global Optical Fibre Market by Demand Volume; 2019-2023 (Million Fibre Kilometer (mfkm))
Figure 15: Global Optical Fibre Market Value by Region; 2018 (Percentage,%)
Figure 16 : Global Optical Fibre Market Demand Volume by Region; 2018 (Percentage,%)
Figure 17: India Optical Fibre Market by Value; 2018 -2023 (US$ Billion)
Figure 18: China Optical Fibre Market by Demand Volume; 2015-2018 (mfkm)
Figure 19: China Optical Fibre Market by Demand Volume; 2019-2023 (mfkm)
Figure 20: North America Optical Fibre Market by Demand Volume; 2015-2018 (mfkm)
Figure 21: North America Optical Fibre Market by Demand Volume; 2019-2023 (mfkm)
Figure 22: Europe Optical Fibre Market by Demand Volume; 2015-2018 (mfkm)
Figure 23: Europe Optical Fibre Market by Demand Volume; 2019-2023 (mfkm)
Figure 24: Worldwide Internet User Penetration; 2014-2021 (Percentage,%)
Figure 25: Global Smartphone Users; 2014-2020 (Billion)
Figure 26: Global Fibre to the Home/Building (FTTH/B) Subscribers; 2016-2021 (Million)
Figure 27: Global Cloud Data Center Traffic; 2016-2021 (Zettabytes)
Figure 28: Global IoT Installed Bases; 2014-2020 (Billion of Devices)
Figure 29: Global Video on Demand Users; 2017-2023 (Billion)
Figure 30: Global Video on Demand Users by Type; 2018 (Percentage,%)
Figure 31: Global Optical Fibre Market Players by Share; 2017 (Percentage,%)
Figure 32: China Optical Fibre Market Players by Share; 2017 (Percentage,%)
Figure 33: YOFC Revenues; 2014-2018 (US$ Million)
Figure 34: YOFC Revenues by Segments; 2018 (Percentage,%)
Figure 35: Corning Net Sales; 2014-2018 (US$ Billion)
Figure 36: Corning Net Sales by Segments; 2018 (Percentage,%)
Figure 37: Prysmian Sales; 2015-2018 (US$ Billion)
Figure 38: Prysmian Sales by Segments; 2018 (Percentage,%)
Figure 39: Fujikura Group Net Sales; 2014-2018 (US$ Billion)
Figure 40: Fujikura Group Net Sales by Segments; 2018 (Percentage,%)
Table 1: Advantages of Optical Fibre
Table 2: Disadvantages of Optical Fibre
Table 3: Modes of Optical Fibre
Table 4: Composition of Optical Fibre
Table 5: Applications of Optical Fibre
Table 6: Global Optical Fibre Market Players Comparison on the Basis of Revenues and Market Capitalization
Figure 1: Global Optical Fibre Market Segments
Figure 2: Global Optical Fibre Market by Value; 2015-2018 (US$ Billion)
Figure 3: Global Optical Fibre Market by Value; 2019-2023 (US$ Billion)
Figure 4: Global Optical Fibre Market Value by Mode; 2018 (Percentage,%)
Figure 5: Global Single Mode Optical Fibre Market by Value; 2017 -2018 (US$ Billion)
Figure 6: Global Single Mode Optical Fibre Market by Value; 2019-2023 (US$ Billion)
Figure 7: Global Single Mode Optical Fibre Market Value by Type; 2017 (Percentage,%)
Figure 8: Global Multi Mode Optical Fibre Market by Value; 2017-2018 (US$ Billion)
Figure 9: Global Multi Mode Optical Fibre Market by Value; 2019-2023 (US$ Billion)
Figure 10: Global Optical Fibre Market Value by Application; 2018 (Percentage,%)
Figure 11: Global Medical Optical Fibre Market by Value; 2013-2018 (US$ Billion)
Figure 12: Global Medical Optical Fibre Market by Value; 2019-2023 (US$ Billion)
Figure 13: Global Optical Fibre Market by Demand Volume; 2015-2018 (Million Fibre Kilometer (mfkm))
Figure 14: Global Optical Fibre Market by Demand Volume; 2019-2023 (Million Fibre Kilometer (mfkm))
Figure 15: Global Optical Fibre Market Value by Region; 2018 (Percentage,%)
Figure 16 : Global Optical Fibre Market Demand Volume by Region; 2018 (Percentage,%)
Figure 17: India Optical Fibre Market by Value; 2018 -2023 (US$ Billion)
Figure 18: China Optical Fibre Market by Demand Volume; 2015-2018 (mfkm)
Figure 19: China Optical Fibre Market by Demand Volume; 2019-2023 (mfkm)
Figure 20: North America Optical Fibre Market by Demand Volume; 2015-2018 (mfkm)
Figure 21: North America Optical Fibre Market by Demand Volume; 2019-2023 (mfkm)
Figure 22: Europe Optical Fibre Market by Demand Volume; 2015-2018 (mfkm)
Figure 23: Europe Optical Fibre Market by Demand Volume; 2019-2023 (mfkm)
Figure 24: Worldwide Internet User Penetration; 2014-2021 (Percentage,%)
Figure 25: Global Smartphone Users; 2014-2020 (Billion)
Figure 26: Global Fibre to the Home/Building (FTTH/B) Subscribers; 2016-2021 (Million)
Figure 27: Global Cloud Data Center Traffic; 2016-2021 (Zettabytes)
Figure 28: Global IoT Installed Bases; 2014-2020 (Billion of Devices)
Figure 29: Global Video on Demand Users; 2017-2023 (Billion)
Figure 30: Global Video on Demand Users by Type; 2018 (Percentage,%)
Figure 31: Global Optical Fibre Market Players by Share; 2017 (Percentage,%)
Figure 32: China Optical Fibre Market Players by Share; 2017 (Percentage,%)
Figure 33: YOFC Revenues; 2014-2018 (US$ Million)
Figure 34: YOFC Revenues by Segments; 2018 (Percentage,%)
Figure 35: Corning Net Sales; 2014-2018 (US$ Billion)
Figure 36: Corning Net Sales by Segments; 2018 (Percentage,%)
Figure 37: Prysmian Sales; 2015-2018 (US$ Billion)
Figure 38: Prysmian Sales by Segments; 2018 (Percentage,%)
Figure 39: Fujikura Group Net Sales; 2014-2018 (US$ Billion)
Figure 40: Fujikura Group Net Sales by Segments; 2018 (Percentage,%)
Table 1: Advantages of Optical Fibre
Table 2: Disadvantages of Optical Fibre
Table 3: Modes of Optical Fibre
Table 4: Composition of Optical Fibre
Table 5: Applications of Optical Fibre
Table 6: Global Optical Fibre Market Players Comparison on the Basis of Revenues and Market Capitalization