0

India Optical Fiber and Accessories Market Expected to Reach $1.66 Billion by 2026

 
2022
India Optical Fiber and Accessories Market

Report Code : A05278

quote Growth in need for fast and improved networking & network services and increase in broadband connections in developing economies are anticipated to be the major drivers of the India optical fiber and accessories market. Moreover, rise in government investments in fiber optic network cable (OFC network) infrastructures is expected to present major opportunities for India optical fiber and accessories market expansion during the forecast period. quote

According to Rachita Rake
Lead Analyst, Semiconductors and Electronics at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, "India Optical Fiber and Accessories Market by Component, Cable Category, and End Use: Opportunity Analysis and Industry Forecast, 2018-2025," the India optical fiber and accessories market size was valued at $461.6 million in 2018 and is projected to reach $1.66 billion by 2026, growing at a CAGR of 17.2% from 2019 to 2026. An optical fiber is a transparent and flexible fiber made by drawing glass or plastic, which is used to transmit light. It is widely applicable in fiber-optic communications, where they allow transmission over longer distances and at higher bandwidths than wire cables. The Optical Fiber Accessories Market was valued at $303.2 million in 2018.

The prominent trends that boost the growth of India optical fiber and accessories market include upsurge in penetration of broadband connections in the developing economies, rise in demand for optical communication & sensing applications for different purposes, and surge in need for fast & improved networking and network services. In addition, an increase in demand for optical fiber cable (OFC) in the IT & telecom sector and growth in investment in optical fiber technology significantly contribute toward market expansion. However, high installation cost and enhanced adoption of wireless communication systems are anticipated to restrict the India optical fiber and accessories market growth.

Based on component, the comparative analysis is done between optical fiber and copper cables, among which the copper cable segment dominated the overall market in 2018 and is expected to continue this trend during the forecast period owing to continuous increase in traffic and rise in internet speed. This has resulted in growth in need of increased bandwidth. Furthermore, the optical fiber cable segment is expected to grow at the highest CAGR during the forecast period, owing to rapid growth in corporate local area networks (LANs).

The India optical fiber and accessories market share was led by the telecommunication segment in 2018 and is projected to maintain its dominance during the forecast period. However, the enterprise segment is expected to witness the highest growth owing to increased adoption of computers, followed by increase in amount of data generation. Nonetheless, increase in usage of outdoor advertising is also contributing to the growth of fiber optic cables in large enterprises, as such organizations are using fiber optic lighting in many applications. 
The copper cable segment is further categorized as per the types of cables, among which the CAT6 cables segment dominated the market in terms of revenue during 2018 and is expected to follow the same trend during the forecast period. 

Based on region, the India optical fiber and accessories market opportunities are analyzed across North ( include Delhi, Haryana, Himachal Pradesh, and Uttar Pradesh), South (includes Andhra Pradesh, Telangana, Karnataka, Kerala, Pondicherry, and Tamil Nadu), East (West Bengal, Bihar, Jharkhand, Odisha, Chhattisgarh, and Assam), and West (includes Goa, Gujrat, Maharashtra, Rajasthan, and Madhya Pradesh) region. The North region dominated the overall India optical fiber and accessories market in 2018 primarily due to increase in penetration of optical fiber technologies in developing economies owing to numerous upcoming projects. However, East region is expected to witness the highest growth rate during the forecast period.

Key Findings of the India Optical Fiber and Accessories Market :

  • By component, the copper cable segment is expected to exhibit significant growth in the India optical fiber and accessories market during the forecast period.
  • In 2018, the CAT6 cables segment accounted for the highest revenue in the cable category.
  • Based on end use, the telecommunication segment generated the highest revenue in 2018.
  • Based on region, the East region is anticipated to exhibit substantial growth during the forecast period.

Key players in India optical fiber and accessories industry includes Sterlite Technologies Limited., Finolex Cables Ltd., Birla Cable Limited, Vindhya Telelinks Ltd., Universal Cables Limited, Polycab India Limited, Gupta Power Infrastructure Ltd., KEC International Limited, APAR Industries Limited, and Aksh OptiFibre Ltd. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
 

 

 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote India Optical Fiber and Accessories Market by Component (Fiber Optic Cable, Fiber Optic Cable Accessories, Copper Cable, and Copper Cable Accessories), Cable Category (CAT5, CAT5E, CAT6, CAT6A, CAT7, CAT8, and Others), and End Use (Data Center, LAN Residential, Enterprise, Government, Telecommunication, and Others): Opportunity Analysis and Industry Forecast, 2019–2026 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Oct 2024

Digital Substation Market

Download Sample
rep-img

Published Date Oct 2024

Argan Oil Market

Download Sample
rep-img

Published Date Oct 2024

Cold Plasma Market

Download Sample
rep-img

Published Date Oct 2024

Auto Gas Market

Download Sample

Buy Full Version
"India Optical Fiber and Accessories Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers