Market Overview
The fiber optic preform market size was valued at USD 2.5 Billion in 2018 and is anticipated to register a CAGR of 19.6% from 2019 to 2025.
The market is anticipated to witness significant growth over the forecast period on account of rising demand for data services from mobile and broadband subscribers across the globe. Moreover, the increasing adoption of fiber optics in long-haul applications such as submarine cable systems is expected to drive the market over the forecast period.
Fiber optic preforms are used to create optical fiber cables which are widely used in various applications such as telecommunication, healthcare, industrial, and military & defense, among others. The rising demand for high-speed internet and data services is one of the major factors driving the growth of the fiber optic preform market.
In terms of material type, the fiber optic preform market has been classified into silica, carbon, phosphate glass, and fluoride glass. Silica is anticipated to remain the dominant material type in the market during the forecast period owing to its superior physical and chemical properties.
Optic Preform Market Competitive Landscape
The global fiber optic preform market is fragmented with the presence of several large and small players. The key players in the market are focusing on expanding their production capacities to meet the growing demand for fiber optics.
- Shin-Etsu Chemical Co., Ltd
- Prysmian
- TKH Group
- Yangtze Optical FC
- Jiangsu Zhongtian Technology
- Fujikura Ltd.
- Furukawa Electric
- SEFC
- Corning
- Fiberhome
- Sumitomo Electric Industries
- Hengtong
- Fasten Group
- Tongding Group
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Product Type Insights
Global markets are presented by Fiber Optic Preform type, along with growth forecasts through 2028. Estimates on sales and revenue are based on the price in the supply chain at which the Fiber Optic Preform are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows sales and revenue data by type, and during the historical period (2017-2022) and forecast period (2023-2028).
Fiber Optic Preform Segment by Type
- VAD
- OVD
- PCVD
- MCVD
Application Insights
This report has provided the market size (sales and revenue data) by application, during the historical period (2017-2022) and forecast period (2023-2028).
This report also outlines the market trends of each segment and consumer behaviors impacting the Fiber Optic Preform market and what implications these may have on the industry’s future. This report can help to understand the relevant market and consumer trends that are driving the Fiber Optic Preform market.
Fiber Optic Preform Segment by Application
- Telecom Industry
- Power Industry
- Petroleum Industry
- Submarine Cable
- Other
Regional Analysis
On the basis of region,the global fiber optic preform market has been segregated into North America, Europe, Asia Pacific ,Middle East & Africa ,and Latin America . North America held a major share of the global fiber optic preform market in 2018 due to early adoption of advanced technologies and presence of leading players in this region. Asia Pacific is expected to be the fastest-growing region in the coming years owing to increasing investment
- The Asia Pacific region is expected to dominate the global fiber optic preform market owing to the growing demand from the telecommunications and data communications industries in the region. China is the leading country in the Asia Pacific region and is expected to grow at a CAGR of 12.1% from 2016 to 2025. Japan and South Korea are also expected to be key contributors to market growth in the region.
- The North American Optical fiber preforms market is expected to grow at a CAGR of 10.8% from 2016 to 2025 on account of the increasing demand for high-speed broadband services in the region. The United States and Canada are major markets for fiber optic preforms in North America and are anticipated to grow at significant rates over the forecast period.
- The European fiber optic preform market is poised for strong growth over the coming years on account of rising demand for telecom services and growing adoption of optical fibers in various applications such as data communications, automotive, and healthcare, among others. Germany, France, Italy, Spain, and Russia are some of the major markets for fiber optic preforms in Europe.
Optic Preform Market Dynamics
- The global fiber optic preform market is growing at a rapid pace owing to the increasing demand for data and bandwidth-intensive applications. The telecom industry is one of the major end-users of fiber optic preforms. The rising adoption of 4G and 5G technology is driving the demand for high-speed data services, which in turn is fueling the growth of the fiber optic perform market.
- Moreover, the growing trend of Bring Your Own Device (BYOD) in enterprises is also contributing to market growth. The BYOD trend enables employees to connect their personal devices, such as laptops, smartphones, and tablets, to the corporate network. This increases the demand for high-speed data connectivity, which is driving the need for faster and more reliable networks. As a result, the demand for fiber optic preforms is expected to grow in the coming years.
COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will understand how the Fiber Optic Preform market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Reasons to Buy This Report
- This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Fiber Optic Preform market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
- This report will help stakeholders to understand the global industry status and trends of Fiber Optic Preform and provides them with information on key market drivers, restraints, challenges, and opportunities.
- This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
- This report stays updated with novel technology integration, features, and the latest developments in the market
- This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Fiber Optic Preform industry.
- This report helps stakeholders to gain insights into which regions to target globally
- This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Fiber Optic Preform
- This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution
Table of Content
1 Market Overview
2. Market Dynamics
3 Associated Industry Assessment
4 Market Competitive Landscape
5 Analysis of Leading Companies
6 Market Analysis and Forecast, By Product Types
7 Market Analysis and Forecast, By Applications
8 Market Analysis and Forecast, By Regions
9 North America Fiber Optic Preform Market Analysis
10 Europe Fiber Optic Preform Market Analysis
11 Asia-Pacific Fiber Optic Preform Market Analysis
12 South America Fiber Optic Preform Market Analysis
13 Middle East and Africa Fiber Optic Preform Market Analysis
14 Conclusions and Recommendations
15 Appendix
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