An optical fiber is a transparent and flexible fiber made by drawing glass or plastic, which is used to transmit light. It is widely applicable in fiber-optic communications, where they allow transmission over longer distances and at higher bandwidths than wire cables. The adoption of fiber optic cables has increased over metal wires to send signals with lesser signal loss. an increase in internet penetration is the primary growth factor of the global optical fiber market. In addition, plastic conduits are made mostly of PVC that provides advantages of lower costs of installation, lighter weight, non-conductive, resistance to ultraviolet rays and corrosion.
The choice between metal or plastic conduit is mainly influenced by site conditions, type of building, temperature of the location, and exposure to corrosive or damp conditions among others. Plastic conduits offer protection against moisture in comparison with steel conduits. Plastic conduits are being increasingly used for all types of installation work, both for commercial and domestic wirings in IT & telecom sector. These flexible plastic conduits are made in all sizes from 16mm to 50 mm in external diameter. Thermal expansion of a plastic conduits is about six times that of steel. The installation of plastic flexible conduits is easier than that of rigid plastic conduit, as routing can be done without welding and cutting the conduits around obstructions, which affects its demand globally and assist in the market growth.
Factors such as widespread implementation of 5G, increasing adoption of fiber to the home connectivity, emergence of internet of things, and growing demand for highly secure and safe wiring systems are anticipated to be major drivers of the global optical fiber and plastic conduits market. However, high installation cost and complications in installation of optical fiber and plastic conduits, growing demand for wireless communication system, and increasing prices of raw materials act as major drivers hampering the market growth globally. Furthermore, technological advancements in fiber optic cables and plastic conduits, rising investments in optical fiber cable network infrastructure, and emergence of cable in conduit system offers lucrative opportunities to the market growth globally.
The global optical fiber and plastic conduit market is categorized based on mode, product type, connectivity, industry vertical, product, and region. Depending on mode, the market is bifurcated into single mode and Multimode. By product type, it comprises glass optical fiber and plastic optical fiber. By connectivity, the market is analyzed across fiber-to-the-home and fiber-to-the-business. Based on industry vertical, it is segmented into telecom & IT, public sector, healthcare, energy & utilities, aerospace & defense, manufacturing, and others. The plastic conduit market in IT & telecom by product is studied across rigid conduits and flexible conduits. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA, along with its prominent countries.
The key players profiled in the optical fiber market includes Fujikura Ltd., Corning Incorporated, Sterlite Technologies Ltd., Furukawa Electric Co., Ltd., The Prysmian Group, Emtelle, Hexatronic Cables & Interconnect Systems, and Kuhkenah Network (K-Net). In addition, the key players profiled in the plastic conduit in IT & Telecom market includes Cantex Inc., Atkore International, Dura-Line, and Prime Conduit.
These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL OPTICAL FIBER AND PLASTIC CONDUITS MARKET SEGMENTATION
By Mode:
By Product Type:
By Connectivity:
By Industry Vertical:
PLASTIC CONDUIT MARKET IN IT AND TELECOM INDUSTRY, BY PRODUCT:
By Geography
North America
Europe
Asia-Pacific
LAMEA
The choice between metal or plastic conduit is mainly influenced by site conditions, type of building, temperature of the location, and exposure to corrosive or damp conditions among others. Plastic conduits offer protection against moisture in comparison with steel conduits. Plastic conduits are being increasingly used for all types of installation work, both for commercial and domestic wirings in IT & telecom sector. These flexible plastic conduits are made in all sizes from 16mm to 50 mm in external diameter. Thermal expansion of a plastic conduits is about six times that of steel. The installation of plastic flexible conduits is easier than that of rigid plastic conduit, as routing can be done without welding and cutting the conduits around obstructions, which affects its demand globally and assist in the market growth.
Factors such as widespread implementation of 5G, increasing adoption of fiber to the home connectivity, emergence of internet of things, and growing demand for highly secure and safe wiring systems are anticipated to be major drivers of the global optical fiber and plastic conduits market. However, high installation cost and complications in installation of optical fiber and plastic conduits, growing demand for wireless communication system, and increasing prices of raw materials act as major drivers hampering the market growth globally. Furthermore, technological advancements in fiber optic cables and plastic conduits, rising investments in optical fiber cable network infrastructure, and emergence of cable in conduit system offers lucrative opportunities to the market growth globally.
The global optical fiber and plastic conduit market is categorized based on mode, product type, connectivity, industry vertical, product, and region. Depending on mode, the market is bifurcated into single mode and Multimode. By product type, it comprises glass optical fiber and plastic optical fiber. By connectivity, the market is analyzed across fiber-to-the-home and fiber-to-the-business. Based on industry vertical, it is segmented into telecom & IT, public sector, healthcare, energy & utilities, aerospace & defense, manufacturing, and others. The plastic conduit market in IT & telecom by product is studied across rigid conduits and flexible conduits. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA, along with its prominent countries.
The key players profiled in the optical fiber market includes Fujikura Ltd., Corning Incorporated, Sterlite Technologies Ltd., Furukawa Electric Co., Ltd., The Prysmian Group, Emtelle, Hexatronic Cables & Interconnect Systems, and Kuhkenah Network (K-Net). In addition, the key players profiled in the plastic conduit in IT & Telecom market includes Cantex Inc., Atkore International, Dura-Line, and Prime Conduit.
These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
KEY BENEFITS FOR STAKEHOLDERS
- This study includes the analytical depiction of the global optical fiber and plastic conduits market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information regarding the key drivers, restraints, and opportunities.
- The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the industry.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
GLOBAL OPTICAL FIBER AND PLASTIC CONDUITS MARKET SEGMENTATION
By Mode:
- Single Mode
- Multimode
By Product Type:
- Glass Optical Fiber
- Plastic Optical Fiber
By Connectivity:
- Fiber-to-the-Home (FTTH)
- Fiber-to-the-Business (FTTB)
By Industry Vertical:
- Telecom & IT
- Public Sector
- Healthcare
- Energy & Utilities
- Aerospace & Defense
- Manufacturing
- Others
PLASTIC CONDUIT MARKET IN IT AND TELECOM INDUSTRY, BY PRODUCT:
- Rigid Conduits
- Flexible Conduits
By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Sweden
- Germany
- Spain
- France
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Optical Fiber Market, By Mode
Chapter 5: Optical Fiber Market, By Product Type
Chapter 6: Optical Fiber Market, By Connectivity
Chapter 7: Optical Fiber Market, By Industry Vertical
Chapter 8: Plastic Conduit Market In It And Telecom Industry, By Product
Chapter 9: Optical Fiber And Plastic Conduits Market, By Region
Chapter 10: Optical Fiber Cable:-Company Profiles
Chapter 11: Plastic Conduits:- Company Profiles
Executive Summary
According to the report titled, 'Optical Fiber and Plastic Conduit Market by Mode, Product Type, Connectivity, Industry Vertical, and Plastic Conduit Market in Telecom & IT by Product: Global Opportunity Analysis and Industry Forecast, 2018-2026,' the global optical fiber and plastic conduit market was valued at $4,151.2 million in 2018, and is projected to reach $11,779.9 million by 2026, growing at a CAGR of 20.6% from 2019 to 2026.The optical fiber industry is expected to provide promising growth prospects throughout the forecast period, owing to increase in investments and research undertaken by prominent optical fiber cable manufacturers in the industry to develop and upgrade the fiber optics technology application area. In addition, the plastic conduit systems market denotes a promising picture for future growth of efficient cable management. The recent business scenario has witnessed an upsurge in usage of cable conduit systems across commercial and industrial constructions. Companies are now adopting efficient techniques to provide consumers with innovated and cost-efficient products.
The rising demand for single-mode optical fibers is expected to grow during the forecast period, as the world is facing a shortage of single-mode cabling. The main reason for this fiber shortage is the rise in fiber-to-the-home (FTTH) network projects, which had increased the fiber consumption by 46% of the whole world. Moreover, single-mode optical fiber cable offers numerous benefits, which includes high attenuation and dispersion, greater data-transmitting capabilities, usability within high-speed & large capacity networks, and others, which have been boosting its adoption among the end users. Furthermore, ongoing efforts to increase the penetration of telecom services in the emerging countries of the Asia-Pacific region are attributed to the increasing demand for single-mode cable in the region, which is opportunistic for the optical fiber and plastic conduit market.
In the North American electrical industry, PVC conduits are available in different types based on its thickness. Thin-walled PVC conduits are used in concrete, whereas their heavier counterparts are used for direct burial and exposed work. PVC provides resistance against moisture and corrosion. Rigid non-metallic conduits are advantageous over their metallic counterparts, as they provide protection against corrosion and water. Rigid plastic conduits reduce the electromagnetic fields that are formed by electrons flowing through the conductors in the conduits. This enhances the performance of the computer as well as other electronic equipment which uses these rigid conduits in the IT & Telecom industry. This factor drives the optical fiber and plastic conduit market growth globally.
The choice between metal or plastic conduit is mainly influenced by site conditions, type of building, temperature of the location, and exposure to corrosive or damp conditions among others. Plastic conduits offer protection against moisture in comparison with steel conduits.
Plastic conduits are being increasingly used for all types of installation work, both for commercial and domestic wirings in IT & telecom sector. These flexible plastic conduits are made in all sizes from 16mm to 50 mm in external diameter. Thermal expansion of a plastic conduits is about six times that of steel. The installation of plastic flexible conduits is easier than that of rigid plastic conduit, as routing can be done without welding and cutting the conduits around obstructions, which affects its demand globally and assist in the market growth of optical fiber and plastic conduit market.
Key Finding of The Optical Fiber And Plastic Conduit Market:
Based on mode, the single mode segment generated the highest volume in the global optical fiber and plastic conduit market in 2018.
Based on industry vertical, the telecom and IT segment generated the highest volume in the optical fiber and plastic conduit market in 2018.
Based on product, the flexible plastic conduit segment generated the highest revenue in the optical fiber and plastic conduit market in 2018.
The key players profiled in the optical fiber and plastic conduit industry includes Fujikura Ltd., Corning Incorporated, Sterlite Technologies Ltd., Furukawa Electric Co., Ltd., The Prysmian Group, Emtelle, Hexatronic Cables & Interconnect Systems, and Kuhkenah Network (K-Net). In addition, the key players profiled in the plastic conduit in IT & Telecom market includes Cantex Inc., Atkore International, Dura-Line, and Prime Conduit. These key players adopt several strategies such as, new product launch and development, acquisition, partnership and collaboration and business expansion to increase the optical fiber and plastic conduit market share during the forecast period.
Companies Mentioned
- Fujikura Ltd.
- Corning Incorporated
- Sterlite Technologies Ltd.
- Furukawa Electric Co. Ltd.
- The Prysmian Group
- Emtelle
- Hexatronic Cables & Interconnect Systems
- Kuhkenah Network (K-Net)
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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