Global Fiber Optic Cables Market to Reach $19,192.91 Million by 2026, Growing at a CAGR of 12.67%

Strategic Insights -

The Global Fiber Optic Cables Market size was estimated at $9,381.81 million in 2020 and expected to reach $10,471.26 million in 2021, at a CAGR of 12.67% to reach $19,192.91 million by 2026. The report, "Fiber Optic Cables Market Research Report by Type, by End Use, by Application, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19," provides market sizing and forecast across five major currencies: USD, EUR, GBP, JPY, and AUD.

The global fiber optic cables market is segmented based on type, end-use, application, and region. Based on type, the market is categorized into multi-mode and single-mode. The market is further segmented into commercial, military, and space based on end-use. Within the commercial segment, the market is further categorized into general aviation, narrow-body aircraft, regional transport aircraft, very large aircraft, and wide-body aircraft. The military segment is further categorized into airborne, land, and marine. The airborne is further segmented into fighter jets, military helicopters, military transport aircraft, and unmanned aerial vehicles. The land is further segmented into armored vehicles, C4ISR, and unmanned ground vehicles. The marine segment is further categorized into ships and unmanned maritime vehicles. The space segment is further categorized into satellites and space launch vehicles.

Based on application, the market is categorized into avionics, communication systems, electronic warfare, and radar systems. The avionics segment is further categorized into cabin interiors, flight management systems, and in-flight entertainment systems. Based on region, the market is segmented into Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas include Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific includes Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa includes France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Key Takeaways:

  • The global fiber optic cables market is expected to grow at a CAGR of 12.67% to reach $19,192.91 million by 2026.
  • The multi-mode segment is expected to dominate the market, with a share of 55.3% in 2021.
  • The commercial segment is expected to be the largest end-use segment, accounting for a share of 71.4% in 2021.
  • The avionics segment is expected to be the largest application segment, accounting for a share of 34.5% in 2021.
  • The Asia-Pacific region is expected to be the fastest-growing region, with a CAGR of 15.1% during the forecast period.
  • The report provides insights on the competitive landscape, including the market share analysis, competitive scenario, and company usability profiles.
  • The leading vendors in the market include Amphenol Corporation, Carlisle Interconnect Technologies, Coherent, Inc., Collins Aerospace, CommScope Inc., Corning Incorporated, Fiberoptics Technology Incorporated, Fujikura Ltd, Furukawa Electric Co. Ltd, Hengtong Group Co. Ltd., Hitachi Cable America Inc., II-VI Incorporated, Leoni AG, LS Cable & System Pty Ltd., Nestor Cables Ltd., Nexans SA, Optical Cable Corporation, Prysmian Group, Radiall SA, Sterlite Technologies Limited, Sumitomo Electric Industries, Ltd., TE Connectivity Corporation, W. L. Gore & Associates, Inc, and Yangtze Optical Fiber and Cable Joint Stock Ltd Co.

Statistics:

  • The global fiber optic cables market size was estimated at $9,381.81 million in 2020.
  • The market is expected to reach $10,471.26 million in 2021, at a CAGR of 12.67%.
  • The multi-mode segment is expected to dominate the market, with a share of 55.3% in 2021.
  • The commercial segment is expected to be the largest end-use segment, accounting for a share of 71.4% in 2021.
  • The avionics segment is expected to be the largest application segment, accounting for a share of 34.5% in 2021.
  • The Asia-Pacific region is expected to be the fastest-growing region, with a CAGR of 15.1% during the forecast period.

Sources:

  • Reportlinker, "Fiber Optic Cables Market Research Report by Type, by End Use, by Application, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19"
  • Reportlinker, "Global Fiber Optic Cables Market to Reach $19,192.91 Million by 2026, Growing at a CAGR of 12.67% during the Forecast Period"