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Fiber Optics Market Share

  • Report ID: GMI9211
  • Published Date: Apr 2024
  • Report Format: PDF

Fiber Optics Market Share

Corning Incorporated and STL Tech hold a significant share of over 18%. Corning Incorporated is a global technology company known for its innovations in specialty glass, ceramics, and related materials. In the context of the fiber optics industry, Corning has been a major player and a leading provider of optical communication solutions.
 

STL (Sterlite Technologies Limited) is a leading global provider of solutions and products for the telecommunications industry, including fiber optic cables, network infrastructure, and software solutions. STL is renowned for its expertise in fiber optic technology. The company manufactures a wide range of optical fibers, cables, and connectivity solutions catering to various applications, including long-haul networks, metropolitan area networks (MANs), and last-mile connectivity.
 

Fiber Optics Market Companies

Major players operating in the market are:

  • STL Tech
  • TE Connectivity
  • Corning Incorporated
  • Newport Corporation
  • Broadcom
  • Commscope
  • Fiberoptics Technology Incorporated
Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for fiber optics was valued at over USD 8 billion in 2023 and is anticipated to grow at a CAGR of over 9.5% between 2024 and 2032, driven by the increase in adoption of FTTH connectivity.

The glass fibers segment held over 70% of the fiber optics market share in 2023, owing to the ongoing advancements in specialty glass materials.

Asia Pacific market is poised to attain over 11.5% CAGR from 2024 to 2032, attributed to rapid urbanization and population growth, particularly in China, India, and other Southeast Asian countries.

STL Tech, TE Connectivity, Corning Incorporated, Newport Corporation, Broadcom, Commscope and Fiberoptics Technology Incorporated.

Fiber Optics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 302
  • Countries covered: 20
  • Pages: 220
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