Europe Plastic Optic Fiber Market Size, Share & Trends Analysis Report By Cable Type, By End-Use Industry (IT & Telecommunication, Energy & Power, Aerospace & Defense, Healthcare, and Others), By Country and Growth Forecast, 2023 - 2030

The Europe Plastic Optic Fiber Market would witness market growth of 8.1% CAGR during the forecast period (2023-2030).

POF is widely used in residential settings due to the growing demand for reliable home networks and high-speed internet. It is employed for connecting devices such as computers, smart TVs, gaming consoles, and other IoT devices within a home network. POF's ease of installation and flexibility make it an ideal choice for home networking solutions. POF has gained traction in the automotive sector due to its unique properties. It is used for in-vehicle communication networks, providing a reliable and lightweight solution. Applications include automotive lighting systems, in-car entertainment, and advanced driver assistance systems (ADAS), where POF's immunity to electromagnetic interference is particularly advantageous.

In industrial settings, POF is utilized for communication within automation systems. It connects sensors, controllers, and other devices, facilitating real-time data transmission for efficient and responsive industrial processes. POF's durability in harsh environments and resistance to electromagnetic interference make it well-suited for industrial automation applications. POF finds applications in the medical field, especially in medical imaging devices and endoscopy equipment. Its flexibility, non-conductive properties, and resistance to interference make it suitable for transmitting medical data reliably. POF is used in scenarios where electromagnetic compatibility is crucial for accurate data transmission.

POF can be used for data transmission within power plants, supporting communication between different control systems, sensors, and monitoring devices in France. The flexibility and lightweight nature of POF may be advantageous in scenarios where traditional copper cables may be impractical in France. POF may contribute to the connectivity infrastructure of energy management systems, supporting the transmission of data related to energy consumption, grid monitoring, and other aspects of energy distribution and management in France. Thus, all these factors will uplift the regional market’s expansion in the coming years.

The Germany market dominated the Europe Plastic Optic Fiber Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $386.7 Million by 2030. The UK market is exhibiting a CAGR of 7.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.9% during (2023 - 2030).

Based on Cable Type, the market is segmented into Single Mode, and Multi Mode. Based on End-Use Industry, the market is segmented into IT & Telecommunication, Energy & Power, Aerospace & Defense, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Corning Incorporated
• Prysmian Group
• Sumitomo Electric Industries, Ltd.
• Yangtze Optical Fibre and Cable Joint Stock Limited Company
• Fujikura Ltd.
• Leoni AG
• Hengtong Group Co., Ltd.
• Finolex Cables Ltd. (Finolex Group)
• PCT International, Inc.
• Coherent Corp.

Market Report Segmentation

By Cable Type

• Single Mode
• Multi Mode

By End-Use Industry

• IT & Telecommunication
• Energy & Power
• Aerospace & Defense
• Healthcare
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe