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Allied Market Research

Fiber Optic Preform Market By Type (Single-Mode Fiber Optic, Multi-Mode Fiber Optic, and Plastic Optical Fiber Optic), Technology (OVD, VAD, PCVD, and MCVD), and Industry Vertical (IT & Telecommunication, Oil & Gas, Military & Aerospace, BFSI, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027

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COVID-19

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Fiber Optic Preform Market Outlook - 2027

Standard optical fibers are made by first constructing a large-diameter preform with a carefully controlled refractive index profile, and then pulling the preform to form long, thin optical fiber. It is commonly made by three chemical vapor deposition methods including inside vapor deposition, outside vapor deposition, and vapor axial deposition. Fiber pulling works quite well for usual silica fibers, since silica has a rather broad glass transition, with a large range of temperatures in which the viscosity is in a suitable range. 

Owing to the surface tension, shape is smoothed during the drawing process and the shape of the resulting fiber does not reproduce sharp edges of preform. Nevertheless, careful polishing of the preform is important since any defects on the surface affect optical and mechanical properties of the resulting fiber. Before the fiber is wound up, it usually receives a polymer coating for mechanical and chemical protection. Such coatings can consist of two or more different layers for optimum suppression of micro-bends. Typical coating materials used are acrylate, silicone, and polyimide. 

Additional PVC or similar protective coatings can be made by extrusion after the drawing process. During the pulling process, the fiber diameter is held constant by automatically adjusting the pulling speed with an automatic feedback system containing a diameter monitor below the furnace. It is equally competitive owing to strategic initiatives undertaken by these players to offer advanced and innovative products. As a result, the fiber optic preform market share is expected to witness a high degree of growth in the coming years.

Market Scope and Structure Analysis:

          Report Metric

                                       Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast Period

  2021–2027

  Forecast Unit

  Value ($)

  Segments Covered

  Type, Technology, Industry Vertical, and Region

  Region Covered

North America (U.S., Canada), Europe (Germany, UK, France, Russia, and rest of Europe), Asia Pacific (India, Japan, and rest of Asia Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies Covered

Fujikura Ltd., Furukawa Electric Co., Ltd., Hengtong Group Co.,Ltd, Heraeus Holding, OFS Fitel LLC, Prysmian Group, STL - Sterlite Technologies Limited, Sumitomo Electric Industries Ltd., Yangtze Optical Fibre and Cable Joint Stock Limited Company

 

COVID-19 scenario Analysis:

  • The COVID-19 outbreak in Wuhan, logistical hub of China and worldwide has led to shutdown scenario and transportation restrictions to contain the spread of the virus. Wuhan alone accounts for 20% of China’s perform capacity in the optical fiber industry and ongoing disruption is causing discernible effect to domestic and overall global supply. Assessment of the impact of the virus on the global fiber optic preform industry is presently highly speculative.
  • In this situation of unprecedented nation-wide lockdown companies are relying on data connectivity, which is the only way to travel across borders.
  • In 2020, Cisco, has reported 22-fold increase in traffic in WebEx video conferencing service after shutdown in China. Most businesses are enabling employees to work from home, thus relying on data connectivity to conduct businesses as usual as possible. In India in the first week of lockdown, data usage was estimated to be up by 87% while internet browsing was up by 72%. BlueJeans Network, a company that provides inter-operable cloud-based video conferencing service has also reported traffic surge over 50% since January 2020.
  • Microsoft has announced 7 times increase of cloud services, owing to worldwide social distancing measures enforced while employees work remotely, migrating more workloads to cloud.

Top Impacting Factors: Market Scenario Analysis, Trends, Driver, and Impact analysis

Increase in adoption of fiber optic preform to make flexible transparent fiber optic cables to potentially transmit data at high speed to fulfill growing popularity of high-bandwidth internet connections primarily drives the market growth. However, high fiber cable installation charges compared to copper wires and increase in cost of raw materials tends to hamper the fiber optic preform market growth. 
On the contrary, rise in information traffic in accordance with expansion of tablets, keen gadgets, PCs, smartphones, and other compact consumer electronic devices further boosts the fiber optic preform market revenue. Advancements in this technology supported by launch of fifth-generation of fiber optic based on Dense Wave Division Multiplexing (DWDM) conceptual optical solutions tends to present new pathways to the fiber optic preform industry.

New Product Launches to flourish the market:

Leading fiber optic preform market players have taken necessary actions to improve overall energy-efficiency and performance of fiber optic preforms to fulfill ever-expanding demand of this component in teleconferencing applications as well as mobile computation devices. Presently, metropolitan area networks are increasingly being built using optical technologies to overcome electronic bottlenecks at network edges.

In December 2019, Cisco systems launched its latest innovation called Cisco Silicon OneTM. Cisco Silicon OneTM is the first of its kind, unified silicon architecture that can be used in any network in any form factor. In addition, Cisco 8000 series router, a powerful carrier class router, was introduced, which is made with this Silicon One and new IOS XR7 operating system. These innovations are set to offer breakthrough in the digital market enabling cost reduction in building and operating mass scale networks to run 5G, video, and cloud services.

Surge in use in Industrial and Automotive Applications

The fiber optic preform market has ample attractive opportunities in automotive, industrial, and defense sectors. Fiber optic preform are used to establish connectivity in vehicles and interconnectivity between vehicles, autonomous driving, and integration of various sensors with additional functional benefits to enhance vehicle safety and on-board entertainment.

Key segments covered:

              Segments

                                       Subsegments

  Type

  • Single-Mode Fiber Optic
  • Multi-Mode Fiber Optic
  • Plastic Optical Fiber Optic

  Technology

  • OVD
  • VAD
  • PCVD
  • MCVD

  Application

  • IT and Telecommunication
  • Oil & Gas
  • Military & Aerospace
  • BFSI
  • Healthcare
  • Others

 

Key benefits of the stakeholders:

  • The study gives an analytical overview of fiber optic preform market forecast with current trends and future estimations to determine imminent investment pockets.
  • The report provides information related to key drivers, restraints, and opportunities along with detailed overall fiber optic preform market analysis.
  • The current fiber optic preform market trends are quantitatively analyzed from 2021 to 2027.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 

Questions answered in the Fiber optic preform Market research report:

  • Who are the leading market players active in the fiber optic preform market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the fiber optic preform market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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We refer a broad array of industry sources for our secondary, 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

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