Optical Fiber Market Analysis and Scope (2023 to 2030)
Optical Fiber Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 9.32 Billion |
Market Size by 2030 | US$ 18.76 Billion |
Global CAGR (2022 - 2030) | 9.1% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Optical Fiber Market News and Recent Developments
The Optical Fiber market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Optical Fiber Market are listed below:
- Corning Incorporated opened a new optical fiber manufacturing facility in Mszczonów, Poland, to meet the growing demand for high-speed connectivity in the European Union and surrounding regions. The facility, one of the largest optical fiber plants in the European Union, is Corning's latest in a series of global investments in fiber and cable manufacturing totaling more than US$ 500 million since 2020, supported by growing demand and strong customer commitments. (Source: Corning Incorporated, Press Release, September 2023)
Optical Fiber Market Report Coverage & Deliverables
The Optical Fiber market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Optical Fiber Market Size and Forecast (2020–2030)" provides a detailed analysis of the market covering below areas-
- Optical Fiber Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Optical Fiber Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Optical Fiber Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the Optical Fiber Market
- Detailed company profiles.