Optical Fiber Market to 2027 - Corning, Prysmian SpA, Fujikura Limited, Yangtze Optical Fiber, and Cable, Sterlite Technologies Limited

The global Optical fiber market for the composition is fragmented into glass and plastic. The segmentation is based upon the material used to manufacture these optical fibers. Very thin strands of plastic or glass fiber are used for transmitting light signals, which travels to the center of the fiber optic. This center of the fiber optic is surrounded by the cladding. The cladding is an optical material that traps in the center, with help of “total internal reflection” technique. A primary buffer coating protects the fiber from moisture or other damage.

Some of the leading Optical fiber market players are Corning Inc., Prysmian SpA, Fujikura Limited, Yangtze Optical Fiber, and Cable Co. Ltd. & Sterlite Technologies Limited, among others.

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The Optical Fiber market has experienced high growth and adoption rate in the last few years and is also expected to experience significant growth and adoption rate in the years to come. One of the major reasons for high adoption of optical fibers is that it provides the end-users ease of deployment along with flexibility for high scalability. Developing digital ecosystem and high growth of data, as well as developing economies are providing ample opportunities for the players operating in the global optical fiber market. Digital ecosystem creates a splurge of huge amounts of data transfer that is possible only after availability of higher bandwidths. Optical fibers on account of their high bandwidth provisioning capabilities become an ideal tool for data transfers.

As the amount and speed of transfer of data over the copper wire cables seemed to be very limited and incapable of serving the ever increasing data transmission demands, there has been a need for replacing these cables with better suited alternatives that remain cost effective as well as performance effective. Up-gradation from legacy network infrastructure to advanced network infrastructure for smoothly accessing such high-bandwidth content is thus anticipated to boost the demands of optical fiber cables across the globe.

There has been constant development in optical fiber industry. Recently, Alcatel-Lucent Submarine Networks and Nokia Bell Labs achieve 65 Terabit-per-second transmission record for transoceanic cable systems. Furthermore, OFS also developed a technology platform to produce high quality twisted multicore optical fiber with continuous Fiber Bragg Gratings (FBGs) to meet critical 3D shape sensing specifications such as: twist rate, coating concentricity, grating reflectivity, and grating spacing.

The Optical Fibers find their applications in many industries. The major end-users for fiber optics include Broadcast, IT & Telecom, Defense, Industrial, Medical and Others. The others segment comprises of the automobile industry, R&D industry and Infrastructural health monitoring sector.

The report segments the global optical fiber market as follows:

Global Optical Fiber Market - By Type

Step Indexed Optical Fiber
Graded Indexed Optical Fiber

Global Optical Fiber Market - By Mode

Single Mode
Multi-mode

Global Optical Fiber Market - By Composition

Glass
Plastic

Global Optical Fiber Market - By End-user

IT & Telecom
Defence
Industrial
Medical
Others (R&D, Automobiles, Infrastructural health monitoring, Oil & Gas)

Global Optical Fiber Market - By Geography

North America
U.S.
Canada
Mexico

Europe
France
Germany
Italy
Sweden
Spain
U.K
Netherland
Rest of Europe

Asia Pacific (APAC)
Japan
China
India
Australia
Singapore
South Korea
Hong Kong
Rest of APAC

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