Global fiber optic preform market is anticipated to grow at a CAGR of 11.1% during the forecast period (2024-2031). The market growth is attributed to the increasing adoption of fiber optic preform in telecommunications, data transfer, medical devices, and sensing technologies. Optic fiber preforms are the main raw materials used to make optical fibers, which transport data, sound, and video over great distances with low signal loss. For instance, in March 2024, Nokia introduced new, symmetrical 25G PON fiber modem. To accelerate 25G PON deployments, the compact solution can easily be installed on a wall, inside a building, or in an outdoor enclosure to immediately deliver internet speeds that are 20x faster than current gigabit solutions. According to the Organization for Economic Co-operation and Development (OECD), in March 2024, Fixed Wireless Access (FWA) represented a more modest share of 3.7% of total fixed broadband subscriptions. Digital subscriber line (DSL) represents a share of 22.0% of total broadband, while cable accounts for 30.5% of overall connections. Satellite, which grew 11.0% over the last three years, represents 0.7% of fixed broadband subscribers.
Browse the full report description of “Fiber Optic Preform Market Size, Share & Trends Analysis Report by Process (Outside Vapor Deposition (OVD), Vapor Axial Deposition (VAD), Plasma Activated Chemical Vapor Deposition (PCVD), and Modified Chemical Vapor Deposition (MCVD)), by Product Type (Single-Mode, Multi-Mode, and Plastic Optical Fiber), and by End-User (Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/fiber-optic-preform-market
The increasing fiber optic preform designed for a variety of mission critical applications including smart city, intelligent transportation, rail, utilities, military, and more, where reliability and security are paramount. The new fiber optic preform products operate in a wide temperature range from very cold to hot environments, support high density of ports and functions to fit in smaller spaces, and incorporate multiple levels of security. For instance, in June 2023, Actelis Networks, Inc. introduced a new line of advanced, software managed, temperature and cyber-hardened, layer 2 and layer 3 fiber optic switching devices. This major release of nine new GigaLine product families and more than 40 product models, is comprised of 10 Gbps layer 2 and layer 3 switches and aggregation devices, offering a wide range of features and benefits.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Process
o By Product Type
o By End-Users
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Corning Inc., Fujikura Ltd., Prysmian S.p.A, Shin-Etsu Chemical Co., Ltd., and Sumitomo Electric Industries, Ltd., among others.
Key questions addressed by the report.
Global Fiber Optic Preform Market Report Segment
By Process
By Product Type
By End-Users
Global Fiber Optic Preform Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• The Middle East & Africa
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