
Microduct Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Microduct Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Microduct Market
The microduct market size was valued at USD 4.06 billion in 2021, and the market is now projected to grow from USD 4.41 billion in 2022 to USD 9.08 billion by 2029, exhibiting a CAGR of 10.8% during the forecast period of 2022-2029.
Microduct market growth was negatively affected in the early stages of the COVID-19 pandemic primarily due to disruptions in the manufacturing sector positively impacted by the new demand arising from remote learning and working that increased the need for internet bandwidth, especially broadband and 5G. Telecom and healthcare were the primary drivers of the market recovery for advanced, durable products as the pandemic subsided, signalling its continued growth over the long term.
The market of microduct cables is being spurred by the global expansion of data centers, as these cables are crucial for inter and intra-data center connectivity. The key technologies required are microducts and fibre optics to allow data transmission at high speed with microducts expected to offer 10 times higher than cables. The reallocation of telecommunications resources and higher demand for broadband underpin the growth in the microduct market, creating value as data centers drive market growth to meet security requirements and optimize IT expenses. Therefore, the growing data centre area is predicted to fuel the microduct market share higher during the forecast period.
Furthermore, evolving technologies such as cloud computing are improving enterprises' standards of operation due to the rising data generated by mobile and web applications. Integrating Machine Learning (ML), Artificial Intelligence (AI) and Big Data improves cloud technology in microduct products. Benefits such as data protection, the ability to meet legal requirements and faster FDR are added to the need for cloud computing. These factors collectively contribute to the expanding market for cloud solutions, positioning them as essential for modern business operations.
Comprehensive Analysis of Microduct Market
The microduct market and semiconductor & electronics industry is rising at an exponential rate due to their market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the semiconductor & electronics industry. These segmentations are methodically segregated by type and by application. The type includes, Direct Install, Direct Burial and Flame Retardant. The application includes, FTTX Networks, Other Access Networks, Backbone Networks, Data Center Application and Others.
Asia Pacific is poised to lead the microduct market, driven by increasing demand for high-speed internet and a shift from traditional DSL to 100% fiber optic connections. The growth of IT service clusters in India and ASEAN countries further propels microduct sales alongside the rise in data centers. China dominates the market, supported by significant investments in the internet and data sectors, alongside a thriving manufacturing ecosystem. Chinese manufacturers are enhancing their technology and quality, transitioning from low-cost providers to innovative, value-driven players in the market. This regional focus on advanced infrastructure is expected to sustain microduct demand.
The top players in the market play a crucial role in the semiconductor & electronics industry assuring industrial prospectus growth and setting market standards. These players include, Emtelle Holdings Ltd (Scotland), Primo (Denmark), Hexatronic Group AB (Sweden), Prysmian Group (Italy), Datwyler Holding Inc. (Switzerland), Egeplast International GmbH (Germany), Clearfield Inc (U.S.), Spur A.S. (Czechia), GM Plast A/S (Denmark) and Belden Inc (U.S.). These market players provide a level-playing competitive landscape.
In July 2022, Nestor Cables Ltd, a cable manufacturer headquartered in Finland, mainly specialises in manufacturing fiber optic cables, micro ducts and cables. For this, Clearfield Inc. is planning to acquire Nestor Cables Ltd. The acquisition was made for close to USD 23 million. Also, the acquisition will contribute to developing the product range and the geographical distribution.
Segmentation Table
Global Microduct Market Scope
Study Period
2018-2029
Base Year
2021
Forecast Period
2022-2029
Growth Rate
CAGR of 10.8% from 2022 to 2029
Historical Period
2018-2020
Unit
Value (USD billion) & Volume (Million Meters)
Segmentation
By Type, Application, and Region
By Type
Direct Install
Direct Burial
Flame Retardant
By Application
FTTX Networks
Other Access Networks
Backbone Networks
Data Center Application
Others
By Region
North America (By Type, By Application, By Country)
- U.S.
- Canada
- Germany
- U.K.
- France
- Italy
- Russia
- Rest of Europe
- China
- Japan
- South Korea
- China Taiwan
- India
- Southeast Asia
- Australia
- Rest of Asia Pacific
- GCC
- South Africa
- Rest of Middle East & Africa
- Brazil
- Mexico
- Rest of Latin America
Table of Contents
197 Pages
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Microduct Market Key Players Market Share Insights and Analysis, 2021
- 4.4. Global Microduct Production Capacity Market Share by Manufacturers, 2021
- 4.5. Microduct Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 5. Marketing Channel, Distributors And Customers
- 5.1. Marketing Channel
- 5.2. Microduct Distributors List
- 5.3. Microduct Customers
- 6. Global Microduct Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 6.1. Key Findings
- 6.2. By Type (Value & Volume)
- 6.2.1. Direct Install
- 6.2.2. Direct Burial
- 6.2.3. Flame Retardant
- 6.3. By Application (Value & Volume)
- 6.3.1. FTTX Networks
- 6.3.2. Other Access Networks
- 6.3.3. Backbone Networks
- 6.3.4. Data Center Applications
- 6.3.5. Others
- 6.4. By Region (Value & Volume)
- 6.4.1. North America
- 6.4.2. Europe
- 6.4.3. Asia Pacific
- 6.4.4. Latin America
- 6.4.5. Middle East and Africa
- 7. North America Microduct Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 7.1. Key Findings
- 7.2. By Type (Value & Volume)
- 7.2.1. Direct Install
- 7.2.2. Direct Burial
- 7.2.3. Flame Retardant
- 7.3. By Application (Value & Volume)
- 7.3.1. FTTX Networks
- 7.3.2. Other Access Networks
- 7.3.3. Backbone Networks
- 7.3.4. Data Center Applications
- 7.3.5. Others
- 7.4. By Country (Value & Volume)
- 7.4.1. U.S.
- 7.4.2. Canada
- 8. Europe Microduct Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 8.1. Key Findings
- 8.2. By Type (Value & Volume)
- 8.2.1. Direct Install
- 8.2.2. Direct Burial
- 8.2.3. Flame Retardant
- 8.3. By Application (Value & Volume)
- 8.3.1. FTTX Networks
- 8.3.2. Other Access Networks
- 8.3.3. Backbone Networks
- 8.3.4. Data Center Applications
- 8.3.5. Others
- 8.4. By Country (Value & Volume)
- 8.4.1. Germany
- 8.4.2. France
- 8.4.3. U.K.
- 8.4.4. Italy
- 8.4.5. Russia
- 8.4.6. Rest of Europe
- 9. Asia Pacific Microduct Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 9.1. Key Findings
- 9.2. By Type (Value & Volume)
- 9.2.1. Direct Install
- 9.2.2. Direct Burial
- 9.2.3. Flame Retardant
- 9.3. By Application (Value & Volume)
- 9.3.1. FTTX Networks
- 9.3.2. Other Access Networks
- 9.3.3. Backbone Networks
- 9.3.4. Data Center Applications
- 9.3.5. Others
- 9.4. By Country (Value & Volume)
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. South Korea
- 9.4.4. China Taiwan
- 9.4.5. Southeast Asia
- 9.4.6. India
- 9.4.7. Australia
- 9.4.8. Rest of Asia-Pacific
- 10. Latin America Microduct Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 10.1. Key Findings
- 10.2. By Type (Value & Volume)
- 10.2.1. Direct Install
- 10.2.2. Direct Burial
- 10.2.3. Flame Retardant
- 10.3. By Application (Value & Volume)
- 10.3.1. FTTX Networks
- 10.3.2. Other Access Networks
- 10.3.3. Backbone Networks
- 10.3.4. Data Center Applications
- 10.3.5. Others
- 10.4. By Country (Value & Volume)
- 10.4.1. Brazil
- 10.4.2. Mexico
- 10.4.3. Rest of Latin America
- 11. Middle East and Africa Microduct Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 11.1. Key Findings
- 11.2. By Type (Value & Volume)
- 11.2.1. Direct Install
- 11.2.2. Direct Burial
- 11.2.3. Flame Retardant
- 11.3. By Application (Value & Volume)
- 11.3.1. FTTX Networks
- 11.3.2. Other Access Networks
- 11.3.3. Backbone Networks
- 11.3.4. Data Center Applications
- 11.3.5. Others
- 11.4. By Country (Value & Volume)
- 11.4.1. South Africa
- 11.4.2. GCC
- 11.4.3. Rest of Middle East and Africa
- 12. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 12.1. Emtelle Holdings Ltd (Scotland)
- 12.1.1. Overview
- 12.1.2. Offerings/Business Segments
- 12.1.3. Employee Size
- 12.1.4. Key Financials
- 12.1.5. Recent Developments
- 12.2. Primo
- 12.2.1. Overview
- 12.2.2. Offerings/Business Segments
- 12.2.3. Employee Size
- 12.2.4. Key Financials
- 12.2.5. Recent Developments
- 12.3. Hexatronic Group AB
- 12.3.1. Overview
- 12.3.2. Offerings/Business Segments
- 12.3.3. Employee Size
- 12.3.4. Key Financials
- 12.3.5. Recent Developments
- 12.4. Prysmian Group
- 12.4.1. Overview
- 12.4.2. Offerings/Business Segments
- 12.4.3. Employee Size
- 12.4.4. Key Financials
- 12.4.5. Recent Developments
- 12.5. Datwyler Holding Inc.
- 12.5.1. Overview
- 12.5.2. Offerings/Business Segments
- 12.5.3. Employee Size
- 12.5.4. Key Financials
- 12.5.5. Recent Developments
- 12.6. Egeplast International GmbH
- 12.6.1. Overview
- 12.6.2. Offerings/Business Segments
- 12.6.3. Employee Size
- 12.6.4. Key Financials
- 12.6.5. Recent Developments
- 12.7. Clearfield Inc
- 12.7.1. Overview
- 12.7.2. Offerings/Business Segments
- 12.7.3. Employee Size
- 12.7.4. Key Financials
- 12.7.5. Recent Developments
- 12.8. Spur A.S.
- 12.8.1. Overview
- 12.8.2. Offerings/Business Segments
- 12.8.3. Employee Size
- 12.8.4. Key Financials
- 12.8.5. Recent Developments
- 12.9. GM Plast A/S
- 12.9.1. Overview
- 12.9.2. Offerings/Business Segments
- 12.9.3. Employee Size
- 12.9.4. Key Financials
- 12.9.5. Recent Developments
- 12.10. Belden Inc
- 12.10.1. Overview
- 12.10.2. Offerings/Business Segments
- 12.10.3. Employee Size
- 12.10.4. Key Financials
- 12.10.5. Recent Developments
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