Optical Fiber Preform Market Report: Trends, Forecast and Competitive Analysis to 2030

Optical Fiber Preform Trends and Forecast

The future of the global optical fiber preform market looks promising with opportunities in the it and telecommunication, oil and gas, military and aerospace, BFSI, and healthcare markets. The global optical fiber preform market is expected to reach an estimated $15.9 billion by 2030 with a CAGR of 17.1% from 2024 to 2030. The major drivers for this market are growing demand for high-bandwidth communications, increasing investment in telecommunication infrastructure, and development in optical fiber preform manufacturing technologies, and growing proliferation of tablets, smart devices, laptops, and other portable devices.

A more than 150-page report is developed to help in your business decisions.

Optical Fiber Preform by Segment

The study includes a forecast for the global optical fiber preform by product type, technology, application, and region.

Optical Fiber Preform Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Single Mode Fiber Optic
• Multi-Mode Fiber Optic

Optical Fiber Preform Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• OVD
• VAD
• PCVD
• MCVD

Optical Fiber Preform Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• IT and Telecommunications
• Oil and Gases
• Military and Aerospace
• BFSI
• Healthcare
• Others

Optical Fiber Preform Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Optical Fiber Preform Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies optical fiber preform companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the optical fiber preform companies profiled in this report include-

• Hengtong Group
• Fujikura
• Furukawa Electric
• Sterlite Technologies
• Sumitomo Electric Industries
• Prysmian Group
• Yangtze Optical Fibre And Cable Joint Stock
• Heraeus Holding
• Corning Incorporated
• OFS Fitel

Optical Fiber Preform Market Insights

Lucintel forecasts that single-mode optic fiber is expected to witness the higher growth over the forecast period due to its high performance and extensive usage in long distance communication applications.

Within this market, telecommunications will remain the largest segment over the forecast period due to growing demand for high-speed data transfer services.

North America will remain the largest region over the forecast period due to growing demand from key industrial sectors like automotive and power generation and rising investments in ICT infrastructure.

Features of the Global Optical Fiber Preform Market

Market Size Estimates: Optical fiber preform market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Optical fiber preform market size by product type, technology, application, and region in terms of value ($B).

Regional Analysis: Optical fiber preform market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, technologies, applications, and regions for the optical fiber preform market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the optical fiber preform market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the optical fiber preform market size?

Answer: The global optical fiber preform market is expected to reach an estimated $15.9 billion by 2030.

Q.2 What is the growth forecast for optical fiber preform market?

Answer: The global optical fiber preform market is expected to grow with a CAGR of 17.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the optical fiber preform market?

Answer: The major drivers for this market are growing demand for high-bandwidth communications, increasing investment in telecommunication infrastructure, and development in optical fiber preform manufacturing technologies, and growing proliferation of tablets, smart devices, laptops, and other portable devices.

Q4. What are the major segments for optical fiber preform market?

Answer: The future of the optical fiber preform market looks promising with opportunities in the it and telecommunication, oil and gas, military and aerospace, BFSI, and healthcare markets.

Q5. Who are the key optical fiber preform market companies?

Answer: Some of the key optical fiber preform companies are as follows:

• Hengtong Group
• Fujikura
• Furukawa Electric
• Sterlite Technologies
• Sumitomo Electric Industries
• Prysmian Group
• Yangtze Optical Fibre and Cable Joint Stock
• Heraeus Holding
• Corning Incorporated
• OFS Fitel

Q6. Which optical fiber preform market segment will be the largest in future?

Answer: Lucintel forecasts that single-mode optic fiber is expected to witness the higher growth over the forecast period due to its high performance and extensive usage in long distance communication applications.

Q7. In optical fiber preform market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing demand from key industrial sectors like automotive and power generation and rising investments in ICT infrastructure.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the optical fiber preform market by product type (single mode fiber optic and multi-mode fiber optic), technology (OVD, VAD, PCVD, and MCVD), application (IT and telecommunications, oil and gases, military and aerospace, BFSI, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?