
North America Fiber Optic Preform Market Size, Share & Industry Trends Analysis Report By Process (VAD, OVD, PCVD, and MCVD), By End-user, By Type (Multi-Mode, Single-Mode, and Plastic Optical Fiber), By Country and Growth Forecast, 2023 - 2030
Description
North America Fiber Optic Preform Market Size, Share & Industry Trends Analysis Report By Process (VAD, OVD, PCVD, and MCVD), By End-user, By Type (Multi-Mode, Single-Mode, and Plastic Optical Fiber), By Country and Growth Forecast, 2023 - 2030
The North America Fiber Optic Preform Market would witness market growth of 19.9% CAGR during the forecast period (2023-2030).
Optical fibers have developed extraordinarily in optical communication over the past two decades. Today, the annual production of fibers exceeds 200 million kilometers. Optic communication networks serve as the fundamental infrastructure supporting the contemporary information society. This success can be attributed to the practical advancement of exceptional materials and the capacity to customize structural characteristics in contemporary optical fibers, predominantly silica optical fibers.
The incredibly high quality of light confinement over virtually infinite distances is due to the principle of guided light. The performance of an optical fiber largely determines its quality. Established methods for fabricating preforms, such as the rod-in-tube and vapor deposition methods, are primarily used for telecommunication applications. On the other hand, unconventional methods are employed to create preforms for specialty fibers, including stack-and-draw, powder sinter, and melt glass methods.
Fiber optic preforms demand is increasing in America's military and aviation sectors. According to the Federal Aviation Administration, on average, over 29 million square miles of airspace are traversed by around 44,000 flights carrying 2.7 million passengers. To ensure a safe and efficient flight operation, the airplane's preparation to depart the runway, take off, fly through the atmosphere, and land at its destination necessitates utilizing various personnel, technologies, and services. Thus, the rising demand for fiber optics in the telecommunication and military and aviation sectors is increasing the growth of the market in the region.
The US market dominated the North America Fiber Optic Preform Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,363.7 Million by 2030. The Canada market is registering a CAGR of 22.6% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 21.5% during (2023 - 2030).
Based on Process, the market is segmented into VAD, OVD, PCVD, and MCVD. Based on End-user, the market is segmented into Telecom, Oil & Gas, Military & Aerospace, BFSI, Railway, Medical, and Others. Based on Type, the market is segmented into Multi-Mode, Single-Mode, and Plastic Optical Fiber. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Corning Incorporated, Optical Cable Corporation, Sterlite Technologies Limited, Prysmian Group, Furukawa Electric Co., Ltd., Sumitomo Electric Industries, Ltd., Yangtze Optical Fibre and Cable Joint Stock Limited Company, Hengtong Group Co., Ltd., Fujikura Ltd. and Shin-Etsu Chemical Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Process
- VAD
- OVD
- PCVD
- MCVD
- Telecom
- Oil & Gas
- Military & Aerospace
- BFSI
- Railway
- Medical
- Others
- Multi-Mode
- Single-Mode
- Plastic Optical Fiber
- US
- Canada
- Mexico
- Rest of North America
- Corning Incorporated
- Optical Cable Corporation
- Sterlite Technologies Limited
- Prysmian Group
- Furukawa Electric Co., Ltd.
- Sumitomo Electric Industries, Ltd.
- Yangtze Optical Fibre and Cable Joint Stock Limited Company
- Hengtong Group Co., Ltd.
- Fujikura Ltd.
- Shin-Etsu Chemical Co., Ltd.
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Table of Contents
131 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Fiber Optic Preform Market, by Process
- 1.4.2 North America Fiber Optic Preform Market, by End-user
- 1.4.3 North America Fiber Optic Preform Market, by Type
- 1.4.4 North America Fiber Optic Preform Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansions
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun – 2023, Jan) Leading Players
- 4.3.3 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Feb – 2023, Oct) Leading Players
- 4.4 Porter’s Five Force Analysis
- Chapter 5. North America Fiber Optic Preform Market, by Process
- 5.1 North America VAD Market, by Country
- 5.2 North America OVD Market, by Country
- 5.3 North America PCVD Market, by Country
- 5.4 North America MCVD Market, by Country
- Chapter 6. North America Fiber Optic Preform Market, by End-user
- 6.1 North America Telecom Market, by Country
- 6.2 North America Oil & Gas Market, by Country
- 6.3 North America Military & Aerospace Market, by Country
- 6.4 North America BFSI Market, by Country
- 6.5 North America Railway Market, by Country
- 6.6 North America Medical Market, by Country
- 6.7 North America Others Market, by Country
- Chapter 7. North America Fiber Optic Preform Market, by Type
- 7.1 North America Multi-Mode Market, by Country
- 7.2 North America Single-Mode Market, by Country
- 7.3 North America Plastic Optical Fiber Market, by Country
- Chapter 8. North America Fiber Optic Preform Market, by Country
- 8.1 US Fiber Optic Preform Market
- 8.1.1 US Fiber Optic Preform Market, by Process
- 8.1.2 US Fiber Optic Preform Market, by End-user
- 8.1.3 US Fiber Optic Preform Market, by Type
- 8.2 Canada Fiber Optic Preform Market
- 8.2.1 Canada Fiber Optic Preform Market, by Process
- 8.2.2 Canada Fiber Optic Preform Market, by End-user
- 8.2.3 Canada Fiber Optic Preform Market, by Type
- 8.3 Mexico Fiber Optic Preform Market
- 8.3.1 Mexico Fiber Optic Preform Market, by Process
- 8.3.2 Mexico Fiber Optic Preform Market, by End-user
- 8.3.3 Mexico Fiber Optic Preform Market, by Type
- 8.4 Rest of North America Fiber Optic Preform Market
- 8.4.1 Rest of North America Fiber Optic Preform Market, by Process
- 8.4.2 Rest of North America Fiber Optic Preform Market, by End-user
- 8.4.3 Rest of North America Fiber Optic Preform Market, by Type
- Chapter 9. Company Profiles
- 9.1 Corning Incorporated
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Geographical Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Optical Cable Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Research & Development Expenses
- 9.2.4 SWOT Analysis
- 9.3 Sterlite Technologies Limited
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Recent strategies and developments:
- 9.3.4.1 Partnerships, Collaborations, and Agreements:
- 9.3.4.2 Product Launches and Product Expansions:
- 9.3.5 SWOT Analysis
- 9.4 Prysmian Group
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Acquisition and Mergers:
- 9.4.5.2 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Furukawa Electric Co., Ltd.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.6 SWOT Analysis
- 9.6 Sumitomo Electric Industries, Ltd.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.5.3 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 Yangtze Optical Fibre and Cable Joint Stock Limited Company
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 SWOT Analysis
- 9.8 Hengtong Group Co., Ltd.
- 9.8.1 Company Overview
- 9.8.2 SWOT Analysis
- 9.9 Fujikura Ltd.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
- 9.10. Shin-Etsu Chemical Co., Ltd.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
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