Global FTTx Pipes Market Expected to Reach $3,056.1 Million by 2026

According to a new report published by Allied Market Research titled, " FTTx Pipes Market by Material Type, Product Type, Industry Vertical, and Application Area: Global Opportunity Analysis and Industry Forecast, 2019–2026," the global FTTx pipes market size was valued at $1,433.2 million in 2018, and is anticipated to generate $3,056.1 million by 2026. The market is projected to experience growth at a CAGR of 9.9% from 2019 to 2026.

FTTx, or also known as fiber to the x, is used for high speed data communications. The x here is any end-use location may that be home, enterprise, building, desktop, router, office, and many more. The pipes used for FTTx cables are made from thermoplastic polymers as they protect cables form damage, ensure safety, and are temperature & chemical resistant. 

The FTTx pipes market growth is driven by rise in demand from the telecom industry and emerging economies, owing to intense competition in the telecom industry. However, fluctuating crude oil prices is expected to restrain the FTTx pipes market growth. Meanwhile, the integration in energy infrastructure offers lucrative opportunities for FTTx pipes industry .

The global FTTx pipes market is segmented on the basis of materials type, product type, industry vertical, application, and region. Based on materials type, it is divided into HDPE, MDPE, and PVC. HDPE segment dominated the market and is expected to grow rapidly during the forecast period. Depending on product type, the market is categorized into standard ducts, micro ducts, pathways, and others. MDPE segment is projected to grow rapidly during the forecast period. The industry vertical covered are telecom, power, transport, building & infrastructure, and others. The telecom sector dominated the FTTx pipes market share. The application area covered in the study are backbone, metropolitan, and mobile backhaul. Mobile backhaul segment garnered the highest share. However, backbone market is expected to grow at a fastest pace during the forecast period, owing to replacement of conventional methods of conduit with FTTx pipes. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). The Asia-Pacific market garnered the largest FTTx pipes market share. China dominated the market in the region, while India is expected to grow at the fastest rate, owing to increase in investment in the region. North America is expected to grow at a higher pace, owing to increase in investment by the government and key players operating in the telecom industry. U.S. dominated the FTTx pipes market share followed by Canada. 

The key players in FTTx pipes industry are Apollo Pipes, Afripipes, Craley Group Limited., Evopipes., Furukawa Electric Co., Ltd., Gabo Systemtechnik GmbH, GM Plast, Himachal Futuristic Communications Limited, KNET Co., Ltd., and Orbia. 

Key findings of FTTx Pipes Market:

• Global FTTx pipes market size is provided in terms of revenue.
• India is projected to grow at the highest CAGR of approximately 11.0%, in terms of revenue, during the forecast period.
• By application area, the backbone segment is anticipated to grow with a CAGR of 10.4%, in terms of revenue, during the forecast period.
• China and U.S. dominated the FTTx pipes market growth with a revenue share of over 21.8% and 12.0% in 2018.
• A comprehensive analysis of the factors that drive and restrain the FTTx pipes market growth is provided.
• The qualitative data in this report aims at the FTTx pipes market trends, dynamics, and developments in the FTTx pipes industry.