Global Fiber Optics Market Threats, Analysis, Key Players, Growth, and Forecast 2026

Global fiber optics market revenue projected to be driven to significant extent by APAC contribution between 2017–2026.

Fiber optics, or optical fiber, refers to the medium and technology related to transmission of information as light pulses along a glass, plastic strand or fiber. Fiber optic cables can contain a varying number of such glass fibers, and the core is encased in another glass layer called cladding. A layer known as a buffer tube protects the cladding, and a jacket layer acts as the final protective layer for an individual strand. Fiber optics technology enables data to be transmitted at high speed in the form of light, which is then converted into binary data at the receiver end. In addition, fiber optics is less prone to interference as compared to metal cables.

Growth of the global fiber optics market is driven significantly by increasing Internet usage globally, owing to high speed and transfer with large bandwidth. Also, digital transmission of data using optic fibers is increasing more as compared to copper wires due to higher reliability, speed, security, and transfer capacity of fiber optics. This is resulting in increasing adoption in the telecommunication sector and for computer networking, which is another factor driving overall market growth, and this trend is expected to continue over the forecast period. In addition, increasing use in sectors such as residential, commercial, and government is further expected to drive market growth.

Some major factors restraining growth of the global fiber optics market is the high initial costs for deployment. Also, fiber optics are more fragile than metal wires and are difficult to connect.  Growth of wireless communication technology is another factor expected to hamper growth of overall fiber optics market.

However, players in the global fiber optics market can capitalize on opportunities arising rapid and rising adoption of this technology in IT and healthcare sectors, owing to increasing investment by various companies and upgraded infrastructure, especially in developed and developing countries across the globe.

The global fiber optics market is segmented on the basis of cable type, optical fiber type, application, and region.

Asia pacific is projected to witness relatively fast growth in global fiber optics market due advancements in telecommunication sector, where in china will have highest market share in this region. North America holds the highest market currently and Europe will be showing significant growth during forecast period in global fiber optics market. Among other markets, increase in use of broadband technology and increasing awareness in Latin America is likely to cause a rise in the demand for fiber optic market.

Global fiber optics market segmentation by Cable type:

 	
Single mode
 	
Multi-mode

Global fiber optics market segmentation by optical fiber type:

 	
Glass
 	
Plastic

Global fiber optics market segmentation by application: 

 	
Electronics and communication.
 	
Oil and Gas.
 	
Defense and Aerospace.
 	
Medical and healthcare.
 	


Global fiber optics market segmentation by region:

 	
North America
 	
Europe
 	
Asia Pacific
 	
Latin America
 	
Middle East & Africa

Key players profiled in the global fiber optics market report are: 

 	
Corning Inc.
 	
Prysmian group
 	
AFL global
 	
Belden Inc.
 	
Finisar Corporation
 	
Finolex Cable Limited
 	
Sumitomo Electric Industries Ltd.
 	
Furukawa Electric Co. Ltd.
 	
Yangtze Optical Fiber
 	
Cable Joint Stock Limited Company

Report Structure:

In the first section of the report we offer a table of content, followed by a list of figures. The next section offers a definition and brief explanation of the various products and segmentation of the target market, along with a list of acronyms and sources used to gather and analyze data and information.

The third section of the report entails a brief list of drivers, restraints, opportunities, and threats (DROTs) in the target market. The report also offers insights on various trends in regions, countries, and markets as per segmentation, as well as insights and crucial information obtained from various sources including primary and secondary, annual reports, the Internet and others.

The final section comprises detailed profiles of key players in the target market and a SWOT analysis of each company, apart from strategies, acquisitions and mergers.

Objective of Report:

Sections of the report are created and designed specifically to offer readers a clear, clean, and insights into historical, estimated, and revenue (US$ Mn/Bn) estimation and projection, Compounded Annual Growth Rate (CAGR %), and volume in measure as applicable to the target product/market. We offer illustrations, charts, tables, and figures to support our findings and analysis, in addition to key finding for markets in regions and countries.

Who we are and what we do:

Market.biz is a pioneering company in the fields of market research and analytical reporting. Our services enable clients to enhance business efficiency and focus on other core aspects of operations, while we take care of market research and reporting needs. Market.biz conducts and executes detailed and in-depth research and analysis across all relevant domains and offers accurate and insightful estimations and forecasts to enable clients to take well-informed and crucial decisions in their respective industries, sectors, or companies.

Market.biz has access to the world’s most comprehensive and up-to-date databases in any business sector, as we understand the specific and varying needs of our clients. We offer updated reports to keep up with the changing scenarios in global markets and strive to ensure that only the utmost quality is established and maintained in every single report we produce. Our reports are conveniently designed and structured and are visually-pleasing. We provide a detailed analysis outlook of competitive markets and identify and study new and emerging trends and other crucial aspects and factors impacting or driving market growth. We also offer insights regarding new and emerging opportunities in the market and present the information in a comprehensive report focused on your respective market or sector.