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Optical Fiber Preform Market Size, Share Global Analysis Report, 2020–2026
Optical Fiber Preform Market By Process (OVD, VAD, PCVD, MCVD), By Product (Multi-Mode, Single- Mode) and By End User (Telecom, Oil & Gas, Military & Aerospace, Railways): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[225+ Pages Report] According to the report published by Facts Factors, the global optical fiber preform market size was worth around USD 3.8 billion in 2019 and is predicted to grow to around USD 13.2 billion by 2026 with a compound annual growth rate (CAGR) of roughly 23.06% between 2020 and 2026. The report analyzes the global optical fiber preform market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the optical fiber preform market.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Optical Fiber Preform industry. The report analyzes and declares the historical and current trends analysis of the Optical Fiber Preform industry and subsequently recommends the projected trends anticipated to be observed in the Optical Fiber Preform market during the upcoming years.
Key Insights from Primary Research
- Wide-ranging interviews with CXO’s of the major players operating in the global optical fiber preform market, the analysis of the primary research concludes that the global optical fiber preform market to undergo an excellent double-digit growth of nearly 23.06% over the forecast period.
- In the year 2019, the market was valued at approximately USD 3.8 Billion, in 2019 and is expected to be valued over USD 13.2 Billion by 2026.
- On the basis of the process, the OVD segment is expected to dominate the global market share. The telecom segment is expected to create major market pull in coming years. The multi-mode optical fiber is expected to generate significant revenue during the forecast period.
- Asia Pacific region is expected to be the fastest growing region for optical fiber preform market over the forecast period. The region is also expected to register highest CAGR during the forecast period.
Key Recommendations from Analysts
- Our analysts recommend for increased focus towards the Asia Pacific region as it is expected to have significant rise in fiber-rich network infrastructure in the near future. The presence of rising economies and growing data traffic provide immense potential of market growth in the region.
- The strategic developments such as acquisitions and mergers, and regional expansion by the major companies is likely to provide greater market opportunities for the global optical fiber preform manufacturers up-coming years.
- Our analysts recommend that the Asia Pacific region is predicted to witness a significant growth attributed to the growing demand for optical fiber preform from China, Japan and India.
- The North America and the European region are also expected to generate significant revenue during the studied period. The regional presence in the Asia Pacific, Europe and North America regions are expected to provide greater opportunities for business development.
Market Share Analysis by Region
The Optical Fiber Preform market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Optical Fiber Preform market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Optical Fiber Preform industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Optical Fiber Preform industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Optical Fiber Preform market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Optical Fiber Preform industry. The Optical Fiber Preform market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Optical Fiber Preform sector. Key strategic developments in the Optical Fiber Preform market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Optical Fiber Preform market are appropriately highlighted in the report.
The rising demand for high bandwidth communication, changing fiber-rich network infrastructure, and a high rise in the data traffic are the major factors driving the global optical fiber preform market.
Additionally, the research and development for innovation in optical fibers for its enhanced performance in various applications in the end-use fields are further expected to cement market growth.
The Optical Fiber Preform market research report delivers an acute valuation and taxonomy of the Optical Fiber Preform industry by practically splitting the market based on process, product, end-user, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3.8 Billion |
Projected Market Size in 2026 |
USD 13.2 Billion |
CAGR Growth Rate |
23.06% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Yangtze Optical Fibre and Cable Joint Stock Limited Company, Shin-Etsu Chemical Co., Ltd, Sumitomo Electric Industries, Ltd., HENGTONG GROUP CO., LTD. and Corning Incorporated, and Others |
Key Segment |
By Process, Product, End User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The regional segmentation of the Optical Fiber Preform industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Optical Fiber Preform industry is provided for the leading economies of the world.
The Optical Fiber Preform market is segmented based on process, product, end-user, and region. On the basis of process segmentation, the market is classified into OVD, VAD, PCVD, and MCVD. On the basis of product segmentation, the market is segregated into multi-mode and single-mode. On the basis of end-user segmentation, the market is segmented into telecom, oil & gas, military & aerospace, and railways.
Some of the essential players operating in the Optical Fiber Preform market, but not restricted to include
- Sumitomo Electric Industries Ltd.
- HENGTONG GROUP CO. LTD.
- Corning Incorporated
- Shin-Etsu Chemical Co. Ltd.
- Yangtze Optical Fibre and Cable Joint Stock Limited Company
The taxonomy of the Optical Fiber Preform industry by its scope and segmentation is as follows:
By Process Segmentation Analysis
- OVD
- VAD
- PCVD
- MCVD
By Product Segmentation Analysis
- Multi-Mode
- Single- Mode
By End User Segmentation Analysis
- Telecom
- Oil & Gas
- Military & Aerospace
- Railways
By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Yangtze Optical Fibre and Cable Joint Stock Limited Company
- Sumitomo Electric Industries Ltd.
- HENGTONG GROUP CO. LTD.
- Corning Incorporated
- Shin-Etsu Chemical Co. Ltd.
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