DUBLIN–(BUSINESS WIRE)–The “North America Optical Fiber Cable Market Outlook, 2028” report has been added to ResearchAndMarkets.com’s offering.
The market was valued at over USD 804 million in 2022
The adoption of higher fiber count cables and bend-insensitive fibers has gained traction in North America, offering enhanced flexibility and ease of installation. To meet the growing sophistication of fiber optic networks, advanced testing and monitoring solutions such as optical time-domain reflectometers (OTDRs) and optical spectrum analyzers are in high demand.
The North American optical fiber cable industry is experiencing significant growth driven by the increasing demand for high-speed internet connectivity. The region’s expanding IT and telecommunications sectors, coupled with optical fiber cable innovation, are further propelling market growth. With the rise in bandwidth requirements and the need for reliable and high-capacity networks, optical fiber cables have become indispensable in North America.
One of the key drivers of market expansion is the ongoing demand for high-speed internet across various industries. The wide bandwidth expansion and low attenuation of optical fiber cables make them ideal for gigabit transmission, which is essential for organizations requiring high-speed data transfer.
The communication infrastructure in North America heavily relies on optical cabling, especially with the deployment of data centers throughout the region. Fiber optic components are extensively used in intra and inter data center communications, supporting the transmission of high volumes of data over long distances.
In line with the increasing demand for faster broadband speeds and improved network performance, there has been a significant push for Fiber to the Home deployment (FTTH) in North America. Telecommunication companies and internet service providers are investing in expanding their fiber optic networks to residential areas, enabling seamless connectivity and enhanced broadband experiences for consumers.
The introduction of 5G technology has further amplified the need for reliable and high-capacity backhaul networks, and optical fiber is a critical component in supporting the infrastructure requirements of 5G. Moreover, the expansion of Internet of Things (IoT) devices and applications necessitates dependable, high-bandwidth connectivity, which can be efficiently provided by optical fiber networks.
The United States dominates the North American optical fiber cable market, fueled by its strong economy, technological innovation ecosystem, and well-established telecommunications infrastructure.
Competitive Landscape
- Competitive Dashboard
- Business Strategies Adopted by Key Players
- Key Players Market Share Insights and Analysis, 2022
- Key Players Market Positioning Matrix
- Porter’s Five Forces
Company Profile
- Nexans S.A.
- Prysmian S.p.A.
- Furukawa Electric Co., Ltd.
- Fujikura Ltd.
- Belden Incorporated
- CommScope Holding Company, Inc
- Hengtong Group
- Sumitomo Electric Industries, Ltd.
- Corning Incorporated
- Te Connectivity
- LS Cable & System Ltd.
- Leoni AG
- Optical Cable Corporation, Inc.
- Weinert Industries AG
- Molex Incorporated
- Caledonian Cables Ltd
Considered in this report
- Geography: North America
- Historic year: 2017
- Base year: 2022
- Estimated year: 2023
- Forecast year: 2028
Aspects covered in this report
- North America Optical Fiber Cable market with its value and forecast along with its segments
- Country-wise Optical Fiber Cable market analysis
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
Countries Covered in the report:
- United States
- Canada
- Mexico
By Cable Type:
- Single Mode
- Multi-Mode
By Installation Type:
- Overhead
- Underground
- Submarine
By End User:
- Power Infrastructure (Energy, Power Transmission and Distribution)
- IT & Telecommunication
- Building & Construction (Commercial and Residential)
- Aerospace & Defence
- Consumer Electronics
- Automotive (Passenger, Commercial and Utility Vehicles
- Others (Oil & Gas Industry, Industrial Machinery and Manufacturing, Medical Equipment, Logistics, etc.)
For more information about this report visit https://www.researchandmarkets.com/r/k3if5l
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