Global Fiber Optic Components Strategic Market Report 2023-2030: A $24.2 Billion Market in 2022 - New Initiatives & New Uses to Widen the Addressable Market

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Global Market for Fiber Optic Components

Global Market for Fiber Optic Components
Global Market for Fiber Optic Components

Dublin, May 09, 2023 (GLOBE NEWSWIRE) -- The "Fiber Optic Components: Global Strategic Business Report" report has been added to's offering.

Global Fiber Optic Components Market to Reach $45 Billion by 2030

The global market for Fiber Optic Components estimated at US$24.2 Billion in the year 2022, is projected to reach a revised size of US$45 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030.

Transmitters / Receivers, one of the segments analyzed in the report, is projected to record a 8.4% CAGR and reach US$20.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Connectors segment is readjusted to a revised 8.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 9.5% CAGR

The Fiber Optic Components market in the U.S. is estimated at US$4.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.6 Billion by the year 2030 trailing a CAGR of 9.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 6.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$7.5 Billion by the year 2030.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute


No. of Pages


Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$24.2 Billion

Forecasted Market Value (USD) by 2030

$45 Billion

Compound Annual Growth Rate


Regions Covered



  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Pandemic Exposes Weaknesses of Present Systems Totally Dependent on the Internet

  • Pandemic Impact on the Communications Technology Industry

  • An Introduction to Fiber Optics and Components

  • Fiber Optic Components

  • Product Segments: Fiber Optic Components

  • Market Overview

  • Developing Markets Drive Growth

  • Development of Telecommunications Sector: Key to Market Growth

  • Fiber Optic Connectors Power Telecom Infrastructure

  • Growth in Fiber Optic Network Deployments: Critical Driving Force

  • Recent Developments in Global Optical Fiber Cable Market

  • Growing Number of Multimode or Specialized Fiber Uses

  • Internet's Rising Contribution to Economy: Need for Optic Fiber Cable Networks

  • Rising Demand for High Bandwidth Applications Bodes Well for Components Market

  • Increasing Penetration of Internet Bolsters Fiber Optic Components Market

  • Growth in Internet Video to Trigger Use of Deployment of Optical Fiber Cable Systems

  • Competitive Landscape

  • Vertical Integration: A Key Competitive Advantage

  • Horizontal Integration: Another Key Weapon in Competitive Arsenal

  • Deregulation and Privatization of Telecom Sector Drives Fiber Optic Industry

  • Improving Quality of Fiber Optic Products: A Strategy to Withstand Competition

  • Reducing Installation Cost of Fiber Optic Networks

  • Utilities in Telecom Sector - Implications for the Fiber Optics Market

  • Fiber Optic Component Manufacturing: A Fragmented Marketplace

  • Recent Market Activity

  • Select Global Brands


  • Widening Use Case of Fiber Optic Cables Triggers Robust Uptake of Fiber Optic Components

  • New Initiatives & New Uses to Widen the Addressable Market

  • Innovations & Advancements: Key to Market Growth

  • Growing Adoption of Data Intensive Internet Applications Creates the Need for Fiber Optics

  • Government Funding & Active Involvement of Private Players Ramp Up the Fiber Optics Market

  • Sustained Opportunities for Fiber Optic Connectors

  • Surging Demand for Fiber Optic Amplifiers Augurs Well

  • Fiber Optic Collimator Lens Assemblies Market in Growth Mode

  • Optical Isolators Market: An Insight

  • Fiber Optic Circulators Market: Dominated by 3-Port Circulators

  • Fiber Optic Fusion Splicer Market: Growth Driven by Asia-Pacific

  • Rising Demand for Fiber Optic Patch Cords Market

  • Fiber Optic Sensors Continue to Make Big Gains

  • Increasing Acceptance of Fiber Bragg Grating (FBG) Sensors

  • Fiber Optic Sensing Offers an Ideal Technology for Permanent Reservoir Monitoring

  • Growing Opportunities for Fiber Optics in Diverse Infrastructure Verticals Elevates Market Prospects

  • Healthcare Sector Evolves into a High-Growth Market for Fiber Optic Components

  • Key Areas for Optical Fiber Technology in Medical Sector

  • Military Applications: Niche End-Use Segment

  • Fiber Optics to Witness Growth in Avionics Sector

  • Undersea Applications Enhance Market Prospects

  • Rising Spending on Small Cell Backhaul Infrastructure Augurs Well

  • Rise in Data Storage Networks Sparks Up Demand for Fiber Optic Components

  • Advanced Fiber Optics and Use in Next Generation Networks

  • Free-Space Optics: An Alternative to Fiber Optic Cables

  • Strong Growth on the Cards for Passive Optical Components

  • Harsh Environment Fiber Optic Components Make a Cut

  • Two Way Communications: Uncertain Future Clouds Potential Opportunities

  • Issues Related to Piracy of Cable Programming Sent Over Fiber-Optic Cables

FOCUS ON SELECT PLAYERS (Total 301 Featured)

  • 3M Company

  • ABB Ltd.

  • Amphenol Corp.

  • Broadcom Inc.

  • Ciena Corporation

  • Corning Inc.

  • Diamond SA

  • EMCORE Corporation

  • Fujikura Ltd.

  • Furukawa Electric Co., Ltd.

  • Hirose Electric Co., Ltd.

  • Hitachi Metals, Ltd.


  • Japan Aviation Electronics Industry, Ltd.

  • Lumentum Operations LLC

  • Methode Electronics Inc.

  • Molex LLC


  • Nokia Corporation

  • Prysmian Group

  • Siemens AG

  • Sterlite Technologies Ltd.

  • Sumitomo Electric Industries, Ltd.

  • TE Connectivity Ltd.

  • Tellabs

  • Valdor Fiber Optics Inc.

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