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The Fiber Optic Cables for Military and Aerospace Market size was USD 1.66 billion in 2023 and is expected to reach USD 2.61 billion by 2032, growing at a CAGR of 5.18% over the forecast period of 2024-2032.
Growing demand for internet services as the number of internet users increases, particularly in developing countries, has led to increased demand for high bandwidth connectivity and data transmission services, eventually increasing demand for fibre optics as it is essential for effectively transmitting data, voice messages, and images over long distances. Thus, one of the primary drivers projected to drive the Fiber Optics Market is the desire for high bandwidth communication. Aside from that, developments such as the emergence of 5G and the increasing demand for FTTx are likely to generate profitable prospects for the Fiber Optics Market.
Fiber Optics is a technology that deals with the transfer of information from one place to another. The method used for information to be received and delivered by optical fibers. Optical fiber is a data transfer technology that uses simple moving pulses and long fiber, usually made of plastic or glass. Compared to traditional cables, Fiber Optic Cables offer several advantages. This includes greater bandwidth, faster speed, longer distances, and improved secure communication. Fiber optic cables are thinner and lighter in weight than copper wires.
The fiber optic cables have a light-bearing core that allows data to be transmitted. This enables fiber optic cables to transmit signals at a speed of only 31% of light speeds. Fiber optics is divided into single-mode fiber and Multi-mode fiber. Single mode fiber is used for long distance transmission, while multi mode fiber is used for short distances. Since fiber-optic cables are non-ferrous, they are not susceptible to electrical interference. Fiber Optics finds its use in the field of telecom lighting, military, fiber optic, among others.
MARKET DYNAMICS
KEY DRIVERS
Increasing application in new and upgraded aircraft
Demand for more electric aircraft and glass cockpit designs is increasing.
RESTRAINTS
Physical damage and transmission loss are possible.
OPPORTUNITIES
Photonics technology is being used in electronic warfare networks.
The need for optical add-drop multiplexer (OADM) networks is increasing.
CHALLENGES
Complex installation and maintenance needs
Observance of tight regulatory standards
THE IMPACT OF COVID-19
Amphenol fsi (US), Carlisle Interconnect Technologies (US), Radiall (Italy), Corning optical communications LLC (US), and TE Connectivity are among the leading companies in the military and aerospace fibre optic cable industry (US). These companies have expanded their operations to North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America. COVID-19 has also had an impact on their businesses. According to industry insiders, COVID-19 will have an impact on the defence and aerospace sectors globally in 2020.
During the COVID-19 outbreak, military orders and supplies of fibre optic cables were complete. However, due to supply chain interruptions, a modest negative impact on the Fiber optic cables market for military and aerospace is projected, with a gradual recovery in the first quarter of 2022.
The market is divided into two categories: single-mode and multi-mode. The global market is likely to be dominated by the Multi-Mode category. Although single-mode fibre is easier to update and can help with "future proof" installations, multi-mode fibre is still the preferred fibre of choice for many applications. Multi-mode fibre optic cables feature greater core diameters, allowing several light routes and wavelengths to be communicated. They cost less to run, install, and maintain. Multimode optical fibre can easily accommodate the majority of lengths required for corporate and data centre networks while being less expensive than single-mode fibre. Multi-mode fibre optic connections provide excellent speed and bandwidth across small distances as well. As a result of these benefits, demand for multi-mode fibre optic cables is likely to increase in the future.
The market is divided into two sections: glass and plastic. The Global Fiber Optics Market was dominated by glass fibres. Glass optical fibres offer a better information transmission capability than plastic optical fibres. Making a glass fibre optic assembly is simpler, quicker, and less costly. Glass fibres can resist and adapt to higher temperatures. They are widely utilised in corrosive conditions and do not deteriorate. Thus, increased need for glass fibre for diverse applications, simplicity of availability, and high transmission capacity are some of the reasons likely to drive glass fibre demand in the approaching years.
By Platform
Civil
Military
Space
By Application
Avionics
Navigation
Weapon Systems
Communication Systems
By Type
Single-mode
Multi-mode
By Material
Glass
Plastic
REGIONAL ANALYSIS
The Global Fiber Optics Market is divided into four regions: North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is likely to have a significant proportion due to nations such as China and India, which have the most smartphone users globally. China, the world's most populated country, dominates the global telecom business. These nations are seeing an increase in the number of internet users, as well as a greater need for improved connectivity and data transfer, which will drive demand for Fiber Optics in the future years.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are Amphenol fsi, Carlisle Interconnect Technologies, Radiall, TE Connectivity, Corning Optical Communications LLC, Prysmian Group, Northrop Grumman Corporation, W.L. Gore & Associates, Inc.,Collins Aerospace., AFL., and other players
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 1.66 Billion |
| Market Size by 2032 | US$ 2.61 Billion |
| CAGR | CAGR of 5.3% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Platform (Civil, Military, Space) • By Application (Avionics, Navigation, Weapon Systems, Communication Systems) • By Type (Single-mode, Multi-mode) • By Material (Glass, Plastic) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Amphenol fsi, Carlisle Interconnect Technologies, Radiall, TE Connectivity, Corning Optical Communications LLC, Prysmian Group, Northrop Grumman Corporation,W.L. Gore & Associates, Inc.,Collins Aerospace., AFL., and other players. |
| DRIVERS | • Increasing application in new and upgraded aircraft • Demand for more electric aircraft and glass cockpit designs is increasing. |
| RESTRAINTS | • Physical damage and transmission loss are possible. |
Fiber Optics is a technology that deals with the transfer of information from one place to another. Optical fiber is a data transfer technology that uses simple moving pulses and long fiber, usually made of plastic or glass. Compared to traditional cables, Fiber Optic Cables offer several advantages.
The growth rate of the Fiber Optic Cables for Military and Aerospace Market is 5.18% over the forecast period 2024-2032.
The key players of the Fiber Optic Cables for Military and Aerospace Market are Amphenol FSI, Carlisle Interconnect Technologies, Radiall, TE Connectivity, Corning Optical Communications LLC, Prysmian Group, Northrop Grumman Corporation,W.L. Gore & Associates, Inc.,Collins Aerospace., and AFL.
The market size of the Fiber Optic Cables for Military and Aerospace Market was valued at USD 1.66 billion in 2023.
Asia-Pacific region dominated the Fiber Optic Cables for Military and Aerospace Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Fiber Optic Cables for Military and Aerospace Market Segmentation, by Platform
8.1 Civil
8.2 Military
8.3 Space
9. Fiber Optic Cables for Military and Aerospace Market Segmentation, by Application
9.1 Avionics
9.2 Navigation,
9.3 Weapon Systems
9.4 Communication Systems
10. Fiber Optic Cables for Military and Aerospace Market Segmentation, by Type
10.1 Single-mode
10.2 Multi-mode
11. Fiber Optic Cables for Military and Aerospace Market Segmentation, by Material
11.1 Glass
11.2 Plastic
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Corning Inc.
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 TE Connectivity
13.3 W.L. Gore & Associates, Inc.
13.4 Optical Cable Corporation
13.5 Prysmian Group
13.6 Amphenol Corporation
13.7 Collins Aerospace.
13.8 Carlisle Companies Inc.
13.9 AFL
13.10 Timbercon, Inc.
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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