Fiber Optic Preform Market, By Process (OVD, VAD, MCVD, and PCVD), By Product (Single-Mode Fiber Opt

Published Date: | Report Code : IT1949762

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The Fiber Optic Preform Market is predicted to showcase tremendous growth during the forecast period with increasing demand from major end-use industries such as telecom, oil & gas, military & aerospace, BFSI, medical, railways, and others during the forecast period.

Optical fiber cables have replaced existing copper cables or coaxial cable. Optical fibers are transparent and flexible fiber cables, which are mostly made by using plastic, silica, and high-quality glass. Optical fibers operate on the total internal reflection of light. Fiber optic is used in light transmission, illumination, and flexible bundling. It used by customers and businesses for faster connection speeds and higher bandwidth carrying capacity than twisted pair conductors.

The optical fiber network infrastructure is very important for telecommunication and information technology. The global fiber optic preform market is growing due to the advanced fiber-rich network infrastructure. The technology is continually developing and due to this research, the fifth-generation of the fiber optic will be based on Dense Wave Division Multiplexing (DWDM) conceptual optical solutions. DWDM works by combining and transmitting multiple signals simultaneously at different wavelengths. DWDM can handle bit rates between 100 MB/s and 2.5 GB/s. In this market, only a few players are supplying fiber optics in Japan, China, and the US due to technical constraints.

Optical fiber carries bandwidth signals without breakdown up to more than 60 km. Some advantages include reliability and low energy consumption to run a network, with high bandwidth carrying capacity.

The government of China has declared exemptions on import and export duties on optical fiber, which has encouraged local companies to invest in R&D and increase the production of optical fiber preform, and make developments in optical communication in China.

Segment Analysis:

Based on product type, the optical fiber preform market has been segmented into single-mode fiber optic, multi-mode fiber optic, and plastic optical fiber. Multi-mode fiber optics witness higher demand, as optical fibers used in multi-mode possess a higher capacity to gather light from the laser source. Fiber optic is used in many industries, such as telecom, oil & gas, military & aerospace, BFSI, medical, railways, and others.

The global fiber optic preform market is expected to witness high demand from the telecommunication industry, as this industry is growing rapidly due to the implementation of the 5G technology, 4K television, higher internet bandwidths, and installation of optical fiber in Asia Pacific countries, such as India and China. 

Key Factors Impacting Market Growth:

  • Growing demand for high bandwidth communication
  • Rise in data traffic due to high use of tablets, smart devices, laptops, and other portable devices

Regional Analysis:

By region, the fiber optic preform market is estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of fiber optic preform market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end users in the respective region. The North America fiber optic preform market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.

Asia Pacific region is segmented by China, Japan, South Korea, India and Australia. Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: Yangtze Optical Fiber And Cable Joint Stock Limited Company, Corning Incorporated, Sumitomo Electric Industries, Ltd., HENGTONG GROUP COMPANY LTD., and Finolex 

Key Development:

  • On July 10 2018, China declared its continuation of imposing anti-dumping duties on optical fiber preform originating from Japan and the US with a 5-year implementation period.

Market Segmentation:

By Process:

  • OVD
  • VAD
  • MCVD
  • PCVD

By Product:

  • Single-Mode Fiber Optic
  • Multi-Mode Fiber Optic
  • Plastic Optical Fiber

By End-use Industry:

  • Telecom
  • Oil & Gas
  • Military & Aerospace
  • BFSI
  • Medical
  • Railway
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Process
    • By Product
    • By End-use Industry
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Process
    • By Product
    • By End-use Industry
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Process
    • By Product
    • By End-use Industry
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Process
    • By Product
    • By End-use Industry
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Process
    • By Product
    • By End-use Industry
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Process
    • By Product
    • By End-use Industry

Reasons to Buy This Report:

  • Market size estimation of the global fiber optic preform market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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