The global demand for Optical Fiber Preform Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Optical fiber preform is a piece of glass with a larger diameter that can be pulled to form a thin, long optic fiber. The quality of the preform largely depends on the purity of raw materials. The various materials, tools, equipment used in the manufacturing process and their proper maintenance is crucial in enhancing reproducibility and fiber yields. The defects of the preform surface can significantly affect the optical and mechanical properties of the resulting fiber. Optical fiber is used for high-speed light and data transmission over long distances and higher bandwidth than electric cables. These fibers operate on the principle of total internal reflection of light.
Large-scale deployment of high speed and high bandwidth internet connections leads to this market's growth. The rise in data traffic and the increased proliferation of tablets, smart devices, laptops, and other portable devices will further trigger market growth. Growing demand for optical fiber in healthcare, oil and gas, railways, aerospace, defense, laser delivery systems, and utilities will benefit market growth. The rising investments in telecommunications infrastructure and the deployment of gigabit networks will be a market booster. Intensive R & D in fiber optic technology leading to several innovations have enabled a myriad of market growth opportunities. The challenges faced by this market are the high fragility of the fiber and high manufacturing costs.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of optical fiber preform.
The entire Optical Fiber Preform market has been sub-categorized into process, product type, end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
By End User
- Single-Mode Fiber Optic
- Multi-Mode Fiber Optic
- Plastic Optical Fiber
- Oil & Gas
- Military & Aerospace
This section covers regional segmentation which accentuates on current and future demand for optical fiber preform market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Optical Fiber Preform Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the optical fiber preform market include Corning Incorporated, Optical Cable Corporation, Sterlite Technologies Limited, OFS Fitel, LLC, Prysmian Group, AFL, Furukawa Electric Co., Ltd., Sumitomo Electric Industries, Ltd, Yangtze Optical Fibre and Cable Joint Stock Limited Company, HENGTONG GROUP CO., LTD, Fujikura Ltd.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.