According to a market report by Lucintel, the future of the global optical fiber and plastic conduit market looks promising with opportunities in the telecom and information technology, public sector, healthcare, energy and utilities, aerospace and defense, and manufacturing markets. The global optical fiber and plastic conduit market is expected to reach an estimated $22.7 billion by 2030 from $9.1 billion in 2024, at a CAGR of 16.5% from 2024 to 2030. The major drivers for this market are extensive use of 5G, the rise in fiber to the home (FTTH) connectivity, the emergence of the internet of things (IoT), and growing need for extremely safe and secure wiring solutions.
A more than 150-page report to understand trends, opportunity and forecast in optical fiber and plastic conduit market to 2030 by mode (single mode and multimode), product type (glass optical fiber and plastic optical fiber), end use (telecom and information technology, public sector, healthcare, energy and utilities, aerospace and defense, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecast that glass optical fiber is expected to witness higher growth over the forecast period because it is used in a wide range of applications, including telecommunications, data communications, and industrial automation.
Within this market, telecom and information technology will remain the largest segment.
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North America is expected to witness highest growth over the forecast period due to the growing adoption of cutting-edge and novel technologies for communication services and data transport.
Huawei, Nokia, ZTE, FiberHome, DZS, Calix, BizNet, Netuno, ClaroEntel, NetCologne are the major suppliers in the optical fiber and plastic conduit market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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