Global Optical Fiber Preform Market Outlook 2018-2023

The global optical fiber preform market is expected to display higher growth rate over the next seven years. The optical fiber preform market is subject to witness a substantial growth due to the rise in demand of the high-speed broadband due to large scale consumption for numerous coupled devices such as smart phone, laptops, tablets and more. Optical fiber preform is a technology that implements the use of advanced wired infrastructure to transmit data and information through optical fibers. 

The optical fiber preform implements a dependable, cost efficient and high performance broadcast and networking technologies in numerous fields across multiple sectors. Globally, the optical fiber preform market is predicted to generate massive revenue over the next seven years, providing numerous opportunities for market players to invest for research and development in the optical fiber preform market.

Optical fiber preform systems are operated by addition of a modulated carrier signal to the source signal traveling along the wiring system. The optical fiber preform system is operated in wide range of frequency bands. The optical fiber preform are designed for transmission of data with frequencies ranging from zero to fifty hertz, due to which ability to carry out operations at higher frequency are significantly limited. 

The propagation of the modulated signal along the wiring network causes major problem for the many optical fiber preform systems. Data transfer rates and distance of transmission are varied as per the optical fiber preform guidelines. In optical fiber preform, faster data rates normally signify shorter range for transmission.  

Increasing demand for data security in the military & aerospace sector is expected to boost market growth over the forecast period. High-end demand for fiber optic connectors in the security sector due to its higher bandwidth range, advanced security features, and protection against signal interference are anticipated to offer lucrative growth opportunities for industry players in the near future.

The optical fiber preform market is broadly categorized into six major segments based on the application type such as telecommunication sector, oil & gas sector, military & aerospace industry, BFSI sector, medical sector and railway sector. The military & aerospace industry is considered as one of the fastest growing segment in the optical fiber preform market with substantial revenue generation in the last few years. Growing popularity of optical fiber preform systems in the military & aerospace segment is attributed to the high-end demand for high-speed internet. 

The optical fiber preform market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in networking security sector, increase in the number of research & development activities in the region and existence of well-established industrial infrastructure. 

Asia-Pacific region is predicted to hold major market share in the optical fiber preform market with massive growth in forecast period. Countries such as India, China, Japan and Singapore are leading the Asia-Pacific market with strong economic growth, shifting trend towards network security, increasing demand for high-speed internet, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the optical fiber preform market are Corning, Inc., Optical Cable Co., Sterlite Technologies Ltd., Corning (Hainan) Optical Communication Co., Ltd., Sumitomo Electric Industries Co., Fiberhome Telecommunication Technologies Ltd., Hangzhou Futong Showa Optical communication Ltd., and OFS Fitel, LLC.

Global optical fiber preform market is anticipated to grow at a CAGR of 5.96% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The Global Market for optical fiber preform to 2023 offers detailed coverage of optical fiber preform industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading optical fiber preform producers to provide exhaustive coverage of the optical fiber preform.

Report contents include
- Analysis of the optical fiber preform market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on optical fiber preform including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key vendors
- Yangtze Optical Fibre and Cable Joint Stock Limited Company
- Corning Incorporated
- Prysmian S.p.A.
- Shin-Etsu Chemical Co., Ltd.
- Furukawa Electric Co., Ltd.
- request free sample to get a complete list of companies