The Optical Waveguide Market is projected to grow from USD 6.6 billion in 2023 and is projected to reach USD 9.5 billion by 2028; it is expected to grow at a CAGR of 7.3% from 2023 to 2028. The growth of this market is driven by factors such as technological advancements in photonic integrated circuits (PICs), the rising number of data centers worldwide, and surging demand for high bandwidth.
The chip-and board-level optical interconnect segment is projected to grow at a high CAGR during the forecast period.
The chip-and board-level optical interconnect segment is projected to grow at a high CAGR during the forecast period. The increasing requirement for co-packaged optics, processors, and optical transceivers with low power consumption and high data transmission rates drives the market growth. The increased popularity of parallel computing and the arrival of multicore processors and 3D chips are creating an increased demand for chip-and-board-level optical interconnects. They are becoming crucial to cope with various end-use industries’ high computing speed requirements.
North America will be one of the fastest-growing regions in the optical waveguide market during the forecast period
North America is expected to be one of the fastest-growing regions in the optical waveguide market during the forecast period. The proliferation of data center facilities across the US, Canada, and Mexico is expected to boost the optical waveguide market in the region. The data centers are extensively integrated with optical waveguide components such as transceivers, connectors, optical fibers, and amplifiers. These components help to interconnect two or more data center facilities located over a long distance and transfer large volumes of data with high data transmission speeds. According to Data Center Map, the number of colocation data centers in the US accounted for 1,851 across 50 states, of which 239 were in California, 187 facilities in Texas, and 112 facilities in Florida. The increasing deployment of newer data centers in the region will fuel the optical waveguide market growth during the forecast period.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the optical waveguide space.
The break-up of primary participants for the report has been shown below:
- By Company Type: Tier 1 - 10%, Tier 2 - 20%, and Tier 3 - 70%
- By Designation: C-level Executives - 30%, Directors - 10%, and Others - 60%
- By Region: North America - 45%, Europe - 10%, Asia Pacific - 35%, and RoW - 10%
The report profiles key players in the optical waveguide market with their respective market ranking analysis. Prominent players profiled in this report include Corning Incorporated (US), Sumitomo Electric Industries, Ltd. (Japan), Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) (China), Fujikura Ltd. (Japan), Prysmian Group (Italy), Furukawa Electric Co., Ltd. (Japan), Coherent Corp. (US), CommScope (US), Sterlite Technologies Limited (India), and DigiLens Inc. (US). Apart from these, Holographix (US), HC Photonics Corp. (Taiwan), Teem Photonics (France), Mitsubishi Chemical Group Corporation (Japan), Asahi Kasei Corporation (Japan), Birla Cable Ltd. (India), Optical Cable Corporation (US), and Belden Inc. (US) are among a few emerging companies in the optical waveguide market.
Research Coverage:
This research report categorizes the optical waveguide market on the basis of type, material, propagation, refractive index, interconnect level, end-user industry and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the optical waveguide market and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the optical waveguide ecosystem.
Key Benefits of Buying the Report
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the optical waveguide market comprehensively and provides the closest market size projection for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystems, product developments and launches, partnerships, and mergers and acquisitions.
4. The analysis of the top 27 companies, based on the market rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.
5. Patent analysis, trade data, and technological trends that will shape the market in the coming years have also been covered in this report.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Optical Waveguide Market: Segmentation
1.3.2 Regional Scope
1.4 Inclusions and Exclusions
1.5 Years Considered
1.6 Currency Considered
1.7 Limitations
1.8 Stakeholders
1.9 Recession Analysis
2 Research Methodology
2.1 Research Data
Figure 2 Optical Waveguide Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.1.2 Key Data from Secondary Research
2.1.2 Primary Data
2.1.2.1 Primary Interviews with Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data from Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
Figure 3 Market Size Estimation Methodology (Supply Side): Revenue of Market Players
2.2.1 Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
2.2.1.1 Approach to Derive Market Size Using Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.2.2.1 Approach to Derive Market Share Using Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
Figure 6 Data Triangulation
2.4 Research Assumptions
2.5 Impact of Recession
2.6 Risk Assessment
Table 1 Risk Assessment
2.7 Research Limitations
3 Executive Summary
3.1 Recession Analysis
Figure 7 GDP Growth Projections Till 2023 for Major Economies
Figure 8 Revenue Projections for Optical Waveguide Market, 2019-2028
3.2 Growth Rate Assumptions/Forecast
Figure 9 Channel Waveguide Segment to Dominate Optical Waveguide Market During Forecast Period
Figure 10 Glass Segment to Hold Largest Market Share During Forecast Period
Figure 11 Single-Mode Segment to Register Higher CAGR Between 2023 and 2028
Figure 12 Chip- and Board-Level Optical Interconnect Segment to Register Highest CAGR Between 2023 and 2028
Figure 13 Data Center & High-Performance Computing (Hpc) Segment to Exhibit Highest CAGR from 2023 to 2028
Figure 14 Asia-Pacific to Account for Largest Share of Optical Waveguide Market During Forecast Period
4 Premium Insights
4.1 Attractive Opportunities for Players Operating in Optical Waveguide Market
Figure 15 Growing Deployment of 5G Telecommunication Networks
4.2 Optical Waveguide Market, by Type
Figure 16 Channel Waveguide Segment to Hold Larger Share of Optical Waveguide Market During Forecast Period
4.3 Optical Waveguide Market, by Material
Figure 17 Glass Segment to Hold Largest Share of Optical Waveguide Market During Forecast Period
4.4 Optical Waveguide Market, by Propagation and Interconnect Level
Figure 18 Single-Mode and Metro and Long-Haul Optical Interconnect Segments to Hold Largest Shares of Optical Waveguide Market in 2023
4.5 Optical Waveguide Market, by End-user Industry
Figure 19 Telecommunications Segment to Lead Optical Waveguide Market During Forecast Period
4.6 Optical Waveguide Market, by Region
Figure 20 Asia-Pacific to Hold Largest Share of Optical Waveguide Market in 2023
4.7 Optical Waveguide Market, by Country
Figure 21 Optical Waveguide Market in China to Register Highest CAGR from 2023 to 2028
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 22 Optical Waveguide Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Rising Number of Data Centers Worldwide
5.2.1.2 Technological Advancements in Photonic Integrated Circuits (PICs)
5.2.1.3 Surging Demand for High Bandwidth
Figure 23 Optical Waveguide Market: Drivers and Their Impact
5.2.2 Restraints
5.2.2.1 Issues Associated with Designing and Fabricating Optical Waveguides
Figure 24 Optical Waveguide Market: Restraints and Their Impact
5.2.3 Opportunities
5.2.3.1 Growing Deployment of 5G Telecommunication Networks
5.2.3.2 Rising Investments in Augmented/Mixed Reality (AR/MR) Market
Figure 25 Optical Waveguide Market: Opportunities and Their Impact
5.2.4 Challenges
5.2.4.1 Challenges Associated while Embedding Optical Waveguide Components into Small Circuits
Figure 26 Optical Waveguide Market: Challenges and Their Impact
5.3 Technology Analysis
5.3.1 Optical Waveguide Fabrication Processes
5.3.1.1 Lithography
5.3.1.2 Microreplication
5.3.1.3 Photo-Addressed Method
5.4 Value Chain Analysis
Figure 27 Optical Waveguide Market: Value Chain Analysis
5.5 Ecosystem Analysis
Figure 28 Optical Waveguide Market: Ecosystem Analysis
Table 2 Optical Waveguide Ecosystem: Companies and Their Role
5.6 Trends and Disruptions Impacting Customers’ Businesses
Figure 29 Trends and Disruptions in Optical Waveguide Market
5.7 Porter's Five Forces Analysis
Table 3 Optical Waveguide Market: Porter's Five Forces Analysis
5.7.1 Intensity of Competitive Rivalry
5.7.2 Bargaining Power of Suppliers
5.7.3 Bargaining Power of Buyers
5.7.4 Threat of Substitutes
5.7.5 Threat of New Entrants
5.8 Average Selling Price (ASP) Analysis
Table 4 Average Selling Price of Optical Waveguide Components
Figure 30 Average Selling Price of Optical Fibers Offered by Major Market Players to Top Three End-user Industries
Table 5 Average Selling Price of Optical Fibers Offered by Major Market Players to Top Three End-user Industries
Table 6 Average Selling Price of Optical Transceivers Based on Data Rates
5.9 Case Study Analysis
5.9.1 Aim Photonics and Spark Photonics Teamed Up to Develop Hands-On Educational Photonic Integrated Circuit (Pic) Chip
5.9.2 Alma Telecom Upgraded Its Network Using Fttp Solution Offered by Corning Incorporated
5.9.3 Commscope Helped E-Fiber Commercialize Fttx Networks in the Netherlands
5.10 Trade Analysis
Figure 31 Import Data for HS Code 900110, by Country, 2017-2021
Figure 32 Export Data for HS Code 900110, by Country, 2017-2021
5.11 Patent Analysis
Figure 33 Number of Patents Granted Per Year, 2013-2022
Figure 34 Top 10 Companies with the Highest Number of Patent Applications in the Last 10 Years
Table 7 List of Top Patent Owners in the Last 10 Years
5.11.1 Patent Analysis
Table 8 List of Major Patents Pertaining to the Optical Waveguide Market
5.12 Key Conferences and Events, 2023-2024
Table 9 Optical Waveguide Market: Detailed List of Conferences and Events
5.13 Tariff Analysis
Table 10 Mfn Tariff for HS Code 900110 Exported by US
Table 11 Mfn Tariff for HS Code 900110 Exported by China
5.14 Standards and Regulatory Landscape
5.14.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 RoW: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.14.2 Regulatory Standards
5.14.2.1 International Organization for Standardization (Iso)/International Electrotechnical Commission (IEC)
5.14.2.2 International Telecommunication Union (Itu) Standards
5.14.3 Government Regulations
5.14.3.1 US
5.14.3.2 Europe
5.14.3.3 China
5.14.3.4 India
5.15 Key Stakeholders and Buying Criteria
5.15.1 Key Stakeholders in Buying Process
Figure 35 Influence of Stakeholders on Buying Process for Top Three End-user Industries
Table 16 Influence of Stakeholders on Buying Process for Top Three End-user Industries (%)
5.15.2 Buying Criteria
Figure 36 Key Buying Criteria for Top Three End-user Industries
Table 17 Key Buying Criteria for Top Three End-user Industries
6 Optical Waveguide Market, by Type
6.1 Introduction
Figure 37 Channel Waveguide Segment to Dominate Optical Waveguide Market During Forecast Period
Table 18 Optical Waveguide Market, by Type, 2019-2022 (USD Million)
Table 19 Optical Waveguide Market, by Type, 2023-2028 (USD Million)
6.2 Planar Waveguide
6.2.1 Rising Demand for Optical Transceivers in Data Centers
Figure 38 Asia-Pacific to Register Highest CAGR in Optical Waveguide Market for Planar Waveguide Segment During Forecast Period
Table 20 Planar Waveguide: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 21 Planar Waveguide: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
6.3 Channel Waveguide
6.3.1 Growing Use of Channel Waveguides to Meet Long-Distance and High-Bandwidth Requirements
Figure 39 Asia-Pacific to Hold Largest Share of Optical Waveguide Market for Channel Waveguide Segment During Forecast Period
Table 22 Channel Waveguide: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 23 Channel Waveguide: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
6.4 Unit Shipments of Optical Waveguide-based Components
Table 24 Optical Waveguide Component Market, by Type, 2019-2022 (USD Million)
Table 25 Optical Waveguide Component Market, by Type, 2023-2028 (USD Million)
Table 26 Optical Fiber Market, by Type, 2019-2022 (USD Million)
Table 27 Optical Fiber Market, by Type, 2023-2028 (USD Million)
Table 28 Optical Fiber Market, by Type, 2019-2022 (Million Fiber Kilometer)
Table 29 Optical Fiber Market, by Type, 2023-2028 (Million Fiber Kilometer)
Table 30 Optical Waveguide Component Market, by Type, 2019-2022 (Million Units)
Table 31 Optical Waveguide Component Market, by Type, 2023-2028 (Million Units)
7 Optical Waveguide Market, by Material
7.1 Introduction
Figure 40 Glass Segment to Dominate Optical Waveguide Market During Forecast Period
Table 32 Optical Waveguide Market, by Material, 2019-2022 (USD Million)
Table 33 Optical Waveguide Market, by Material, 2023-2028 (USD Million)
7.2 Glass
7.2.1 Glass-based Optical Waveguides Deliver High Performance in Extreme Conditions
Figure 41 Asia-Pacific to Register Highest CAGR in Optical Waveguide Market for Glass Segment During Forecast Period
Table 34 Glass: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 35 Glass: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
7.3 Polymer
7.3.1 Polymer-based Optical Waveguides Offer High Flexibility
Figure 42 Asia-Pacific to Hold Largest Share of Optical Waveguide Market for Polymer Segment During Forecast Period
Table 36 Polymer: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 37 Polymer: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
7.4 Semiconductor
7.4.1 Semiconductor-based Optical Waveguides Used in Photonic Integrated Circuits (Pics)
Figure 43 Asia-Pacific to Hold Largest Share of Optical Waveguide Market for Semiconductor Segment During Forecast Period
Table 38 Semiconductor: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 39 Semiconductor: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
8 Optical Waveguide Market, by Propagation
8.1 Introduction
Figure 44 Single-Mode Segment to Dominate Optical Waveguide Market During Forecast Period
Table 40 Optical Waveguide Market, by Propagation, 2019-2022 (USD Million)
Table 41 Optical Waveguide Market, by Propagation, 2023-2028 (USD Million)
8.2 Single-Mode
8.2.1 Growing Preference for Optical Waveguides with Single-Mode Propagation Among Telecommunication Companies
Figure 45 Asia-Pacific to Register Highest CAGR in Optical Waveguide Market for Single-Mode Segment During Forecast Period
Table 42 Single-Mode: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 43 Single-Mode: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
8.3 Multi-Mode
8.3.1 Growing Demand for Unlimited Bandwidth Capacity
Figure 46 Asia-Pacific to Hold Largest Share of Optical Waveguide Market for Multi-Mode Segment During Forecast Period
Table 44 Multi-Mode: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 45 Multi-Mode: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
9 Optical Waveguide Market, by Refractive Index
9.1 Introduction
Figure 47 Optical Waveguide Market, by Refractive Index
9.2 Step-Index
9.2.1 Rising Use of Step-Index in Short-Distance Applications
9.3 Graded-Index
9.3.1 Rising Use of Graded-Index for Low Attenuation and Higher Bandwidth Signal Transmission
10 Optical Waveguide Market, by Interconnect Level
10.1 Introduction
Figure 48 Chip- and Board-Level Optical Interconnect Segment to Register Highest CAGR During Forecast Period
Table 46 Optical Waveguide Market, by Interconnect Level, 2019-2022 (USD Million)
Table 47 Optical Waveguide Market, by Interconnect Level, 2023-2028 (USD Million)
10.2 Metro and Long-Haul Optical Interconnect
10.2.1 Rising Adoption of Metro and Long-Haul Optical Interconnects in Telecommunication Networks
Figure 49 Asia-Pacific to Register Highest CAGR in Optical Waveguide Market for Metro and Long-Haul Optical Interconnect Segment During Forecast Period
Table 48 Metro and Long-Haul Optical Interconnect: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 49 Metro and Long-Haul Optical Interconnect: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
10.3 Board-To-Board and Rack-Level Optical Interconnect
10.3.1 Increasing Demand for Board-To-Board and Rack-Level Optical Interconnections for Fast and Energy-Efficient Systems
Figure 50 Asia-Pacific to be Largest Optical Waveguide Market for Board-To-Board and Rack-Level Optical Interconnect Segment During Forecast Period
Table 50 Board-To-Board and Rack-Level Optical Interconnect: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 51 Board-To-Board and Rack-Level Optical Interconnect: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
10.4 Chip- and Board-Level Optical Interconnect
10.4.1 Surging Use of Chip- and Board-Level Optical Interconnections in Data Centers
Figure 51 Asia-Pacific to be Largest Optical Waveguide Market for Chip- and Board-Level Optical Interconnect Segment During Forecast Period
Table 52 Chip- and Board-Level Optical Interconnect: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 53 Chip- and Board-Level Optical Interconnect: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
11 Optical Waveguide Market, by End-user Industry
11.1 Introduction
Figure 52 Telecommunications Segment to Lead Optical Waveguide Market During Forecast Period
Table 54 Optical Waveguide Market, by End-user Industry, 2019-2022 (USD Million)
Table 55 Optical Waveguide Market, by End-user Industry, 2023-2028 (USD Million)
11.2 Telecommunications
11.2.1 Cost Efficiency, Higher Bandwidth, and Higher Speed Than Copper Waveguides
Figure 53 Asia-Pacific to Dominate Optical Waveguide Market for Telecommunications Segment During Forecast Period
Table 56 Telecommunications: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 57 Telecommunications: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
11.3 Data Center & High-Performance Computing (HPC)
11.3.1 Growing Use of Optical Waveguides for High-Speed Data Transmission
Figure 54 Asia-Pacific to Dominate Optical Waveguide Market for Data Center & High-Performance Computing (Hpc) Segment During Forecast Period
Table 58 Data Center & High-Performance Computing (HPC): Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 59 Data Center & High-Performance Computing (HPC): Optical Waveguide Market, by Region, 2023-2028 (USD Million)
11.4 Medical
11.4.1 Rise in Bio-Compatible Optical Waveguides in Photo Medical Applications
Figure 55 Asia-Pacific to Dominate Optical Waveguide Market for Medical Segment During Forecast Period
Table 60 Medical: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 61 Medical: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
11.5 Metrology
11.5.1 Rising Adoption of Optical Waveguide-based Inspection Devices
Figure 56 Asia-Pacific to Dominate Optical Waveguide Market for Metrology Segment During Forecast Period
Table 62 Metrology: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 63 Metrology: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
11.6 Aerospace & Defense
11.6.1 Increasing Military Budgets Worldwide
Figure 57 Asia-Pacific to Dominate Optical Waveguide Market for Aerospace & Defense Segment During Forecast Period
Table 64 Aerospace & Defense: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 65 Aerospace & Defense: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
11.7 Consumer Electronics
11.7.1 Advancements in Augmented Reality/Mixed Reality (Ar/Mr) Technologies
Figure 58 Asia-Pacific to Dominate Optical Waveguide Market for Consumer Electronics Segment During Forecast Period
Table 66 Consumer Electronics: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 67 Consumer Electronics: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
11.8 Industrial
11.8.1 Rising Adoption of Optical Waveguide-based Sensors in Industrial Sensing Applications
Figure 59 Asia-Pacific to Dominate Optical Waveguide Market for Industrial Segment During Forecast Period
Table 68 Industrial: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 69 Industrial: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
11.9 Others
Table 70 Others: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 71 Others: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
12 Optical Waveguide Market, by Region
12.1 Introduction
Figure 60 Asia-Pacific to Dominate Optical Waveguide Market During Forecast Period
Table 72 Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 73 Optical Waveguide Market, by Region, 2023-2028 (USD Million)
12.2 North America
12.2.1 North America: Recession Impact
Figure 61 North America: Snapshot of Optical Waveguide Market
Figure 62 US to Dominate North American Optical Waveguide Market During Forecast Period
Table 74 North America: Optical Waveguide Market, by Country, 2019-2022 (USD Million)
Table 75 North America: Optical Waveguide Market, by Country, 2023-2028 (USD Million)
Table 76 North America: Optical Waveguide Market, by Type, 2019-2022 (USD Million)
Table 77 North America: Optical Waveguide Market, by Type, 2023-2028 (USD Million)
Table 78 North America: Optical Waveguide Market, by Material, 2019-2022 (USD Million)
Table 79 North America: Optical Waveguide Market, by Material, 2023-2028 (USD Million)
Table 80 North America: Optical Waveguide Market, by Propagation, 2019-2022 (USD Million)
Table 81 North America: Optical Waveguide Market, by Propagation, 2023-2028 (USD Million)
Table 82 North America: Optical Waveguide Market, by Interconnect Level, 2019-2022 (USD Million)
Table 83 North America: Optical Waveguide Market, by Interconnect Level, 2023-2028 (USD Million)
Table 84 North America: Optical Waveguide Market, by End-user Industry, 2019-2022 (USD Million)
Table 85 North America: Optical Waveguide Market, by End-user Industry, 2023-2028 (USD Million)
12.2.2 US
12.2.2.1 Rising Investments in the Development of Telecommunication and Data Center Infrastructures
12.2.3 Canada
12.2.3.1 Growing Demand for High-Speed Networking
12.2.4 Mexico
12.2.4.1 Increasing Internet Penetration
12.3 Europe
12.3.1 Europe: Recession Impact
Figure 63 Europe: Snapshot of Optical Waveguide Market
Figure 64 Germany to Dominate European Optical Waveguide Market During Forecast Period
Table 86 Europe: Optical Waveguide Market, by Country, 2019-2022 (USD Million)
Table 87 Europe: Optical Waveguide Market, by Country, 2023-2028 (USD Million)
Table 88 Europe: Optical Waveguide Market, by Type, 2019-2022 (USD Million)
Table 89 Europe: Optical Waveguide Market, by Type, 2023-2028 (USD Million)
Table 90 Europe: Optical Waveguide Market, by Material, 2019-2022 (USD Million)
Table 91 Europe: Optical Waveguide Market, by Material, 2023-2028 (USD Million)
Table 92 Europe: Optical Waveguide Market, by Propagation, 2019-2022 (USD Million)
Table 93 Europe: Optical Waveguide Market, by Propagation, 2023-2028 (USD Million)
Table 94 Europe: Optical Waveguide Market, by Interconnect Level, 2019-2022 (USD Million)
Table 95 Europe: Optical Waveguide Market, by Interconnect Level, 2023-2028 (USD Million)
Table 96 Europe: Optical Waveguide Market, by End-user Industry, 2019-2022 (USD Million)
Table 97 Europe: Optical Waveguide Market, by End-user Industry, 2023-2028 (USD Million)
12.3.2 Germany
12.3.2.1 Strengthening of Ftth Network Under “Gigabit Strategy”
12.3.3 UK
12.3.3.1 Presence of Large-Scale Telecommunication Service Providers
12.3.4 France
12.3.4.1 Increasing Investments in the Deployment of Submarine Fiber Network
12.3.5 Rest of Europe
12.4 Asia-Pacific
12.4.1 Asia-Pacific: Recession Impact
Figure 65 Asia-Pacific: Snapshot of Optical Waveguide Market
Figure 66 China to Dominate Asia-Pacific Optical Waveguide Market During Forecast Period
Table 98 Asia-Pacific: Optical Waveguide Market, by Country, 2019-2022 (USD Million)
Table 99 Asia-Pacific: Optical Waveguide Market, by Country, 2023-2028 (USD Million)
Table 100 Asia-Pacific: Optical Waveguide Market, by Type, 2019-2022 (USD Million)
Table 101 Asia-Pacific: Optical Waveguide Market, by Type, 2023-2028 (USD Million)
Table 102 Asia-Pacific: Optical Waveguide Market, by Material, 2019-2022 (USD Million)
Table 103 Asia-Pacific: Optical Waveguide Market, by Material, 2023-2028 (USD Million)
Table 104 Asia-Pacific: Optical Waveguide Market, by Propagation, 2019-2022 (USD Million)
Table 105 Asia-Pacific: Optical Waveguide Market, by Propagation, 2023-2028 (USD Million)
Table 106 Asia-Pacific: Optical Waveguide Market, by Interconnect Level, 2019-2022 (USD Million)
Table 107 Asia-Pacific: Optical Waveguide Market, by Interconnect Level, 2023-2028 (USD Million)
Table 108 Asia-Pacific: Optical Waveguide Market, by End-user Industry, 2019-2022 (USD Million)
Table 109 Asia-Pacific: Optical Waveguide Market, by End-user Industry, 2023-2028 (USD Million)
12.4.2 China
12.4.2.1 Increasing Investments by Chinese Telecommunication Operators in Deployment of 5G Infrastructure
12.4.3 India
12.4.3.1 Government-Led Initiatives to Increase Broadband Connectivity Across Rural Areas
12.4.4 Japan
12.4.4.1 Presence of Prominent Optical Waveguide Component Manufacturers
12.4.5 South Korea
12.4.5.1 Proliferation of Data Centers
12.4.6 Rest of Asia-Pacific
12.5 RoW
12.5.1 RoW: Recession Impact
Table 110 RoW: Optical Waveguide Market, by Region, 2019-2022 (USD Million)
Table 111 RoW: Optical Waveguide Market, by Region, 2023-2028 (USD Million)
Table 112 RoW: Optical Waveguide Market, by Type, 2019-2022 (USD Million)
Table 113 RoW: Optical Waveguide Market, by Type, 2023-2028 (USD Million)
Table 114 RoW: Optical Waveguide Market, by Material, 2019-2022 (USD Million)
Table 115 RoW: Optical Waveguide Market, by Material, 2023-2028 (USD Million)
Table 116 RoW: Optical Waveguide Market, by Propagation, 2019-2022 (USD Million)
Table 117 RoW: Optical Waveguide Market, by Propagation, 2023-2028 (USD Million)
Table 118 RoW: Optical Waveguide Market, by Interconnect Level, 2019-2022 (USD Million)
Table 119 RoW: Optical Waveguide Market, by Interconnect Level, 2023-2028 (USD Million)
Table 120 RoW: Optical Waveguide Market, by End-user Industry, 2019-2022 (USD Million)
Table 121 RoW: Optical Waveguide Market, by End-user Industry, 2023-2028 (USD Million)
12.5.2 Middle East & Africa
12.5.2.1 Increasing Data Center Establishments
12.5.3 South America
12.5.3.1 Rising Investments in Deployment of Subsea Communication Cables
13 Competitive Landscape
13.1 Overview
13.1.1 Overview of Key Growth Strategies Adopted by Major Companies
Table 122 Overview of Key Growth Strategies Adopted by Major Companies
13.2 Revenue Analysis
Figure 67 Optical Waveguide Revenue Analysis of Top Five Companies, 2018-2022
13.3 Market Share Analysis (2022)
Table 123 Optical Waveguide Market: Degree of Competition
13.4 Company Evaluation Matrix
13.4.1 Stars
13.4.2 Emerging Leaders
13.4.3 Pervasive Players
13.4.4 Participants
Figure 68 Optical Waveguide Market: Company Evaluation Matrix, 2022
13.5 Startup/ Small and Medium-Sized Enterprises (SME) Evaluation Matrix
Table 124 Optical Waveguide Market: Startups
13.5.1 Progressive Companies
13.5.2 Responsive Companies
13.5.3 Dynamic Companies
13.5.4 Starting Blocks
Figure 69 Startup/SME Evaluation Matrix, 2022
Table 125 Startup/SME Matrix: Detailed List of Key Startups
13.6 Competitive Benchmarking
Table 126 Optical Waveguide Market: Competitive Benchmarking of Key Startups/SME
13.7 Optical Waveguide Market: Company Footprint
Table 127 Company Footprint
Table 128 Company Type Footprint
Table 129 Company Material Footprint
Table 130 Company Propagation Footprint
Table 131 Company Interconnect Level Footprint
Table 132 Company End-user Industry Footprint
Table 133 Company Regional Footprint
13.8 Competitive Scenario and Trends
13.8.1 Product Launches
Table 134 Product Launches, 2019-2022
13.8.2 Deals
Table 135 Deals, 2019-2022
14 Company Profiles
(Business Overview, Products Offered, Recent Developments, Analyst's View Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats) *
14.1 Key Players
14.1.1 Corning Incorporated
Table 136 Corning Incorporated: Company Overview
Figure 70 Corning Incorporated: Company Snapshot
Table 137 Corning Incorporated: Products/Solutions/Services Offered
Table 138 Corning Incorporated: Deals
Table 139 Corning Incorporated: Product Launches
Table 140 Corning Incorporated: Others
14.1.2 Sumitomo Electric Industries, Ltd.
Table 141 Sumitomo Electric Industries, Ltd.: Company Overview
Figure 71 Sumitomo Electric Industries, Ltd.: Company Snapshot
Table 142 Sumitomo Electric Industries, Ltd.: Products/Solutions/Services Offered
Table 143 Sumitomo Electric Industries, Ltd.: Deals
Table 144 Sumitomo Electric Industries, Ltd.: Product Launches
14.1.3 Yangtze Optical Fibre and Cable Joint Stock Limited Company (Yofc)
Table 145 Yangtze Optical Fibre and Cable Joint Stock Limited Company (Yofc): Company Overview
Figure 72 Yangtze Optical Fibre and Cable Joint Stock Limited Company (Yofc): Company Snapshot
Table 146 Yangtze Optical Fibre and Cable Joint Stock Limited Company (Yofc): Product/Solution/Service Offerings
Table 147 Yangtze Optical Fibre and Cable Joint Stock Limited Company (Yofc): Deals
Table 148 Yangtze Optical Fibre and Cable Joint Stock Limited Company (Yofc): Product Launches
Table 149 Yangtze Optical Fibre and Cable Joint Stock Limited Company (Yofc): Others
14.1.4 Fujikura Ltd.
Table 150 Fujikura Ltd.: Company Overview
Figure 73 Fujikura Ltd.: Company Snapshot
Table 151 Fujikura Ltd.: Product/Solution/Service Offerings
Table 152 Fujikura Ltd.: Deals
Table 153 Fujikura Ltd.: Product Launches
Table 154 Fujikura Ltd.: Others
14.1.5 Prysmian Group
Table 155 Prysmian Group: Company Overview
Figure 74 Prysmian Group: Company Snapshot
Table 156 Prysmian Group: Products/Solutions/Services Offered
Table 157 Prysmian Group: Deals
Table 158 Prysmian Group: Product Launches
Table 159 Prysmian Group: Others
14.1.6 Furukawa Electric Co. Ltd.
Table 160 Furukawa Electric Co. Ltd.: Company Overview
Figure 75 Furukawa Electric Co. Ltd.: Company Snapshot
Table 161 Furukawa Electric Co. Ltd.: Product/Solution/Service Offerings
Table 162 Furukawa Electric Co. Ltd.: Deals
Table 163 Furukawa Electric Co. Ltd.: Product Launches
Table 164 Furukawa Electric Co. Ltd.: Others
14.1.7 Coherent Corp. (Former II-VI Incorporated)
Table 165 Coherent Corp.: Company Overview
Figure 76 Coherent Corp.: Company Snapshot
Table 166 Coherent Corp.: Product/Solution/Service Offerings
Table 167 Coherent Corp.: Deals
Table 168 Coherent Corp.: Product Launches
Table 169 Coherent Corp.: Others
14.1.8 Commscope Holding Company, Inc.
Table 170 Commscope Holding Company, Inc.: Company Overview
Figure 77 Commscope Holding Company, Inc.: Company Snapshot
Table 171 Commscope Holding Company, Inc.: Product/Solution/Service Offerings
Table 172 Commscope Holding Company, Inc.: Deals
Table 173 Commscope Holding Company, Inc.: Product Launches
14.1.9 Sterlite Technologies Limited
Table 174 Sterlite Technologies Limited: Company Overview
Figure 78 Sterlite Technologies Limited: Company Snapshot
Table 175 Sterlite Technologies Limited: Product/Solution/Service Offerings
Table 176 Sterlite Technologies Limited: Deals
Table 177 Sterlite Technologies Limited: Product Launches
14.1.10 Digilens Inc.
Table 178 Digilens Inc.: Company Overview
Table 179 Digilens Inc.: Product/Solution/Service Offerings
Table 180 Digilens Inc.: Deals
Table 181 Digilens Inc.: Product Launches
14.2 Other Players
14.2.1 Covesion Ltd.
14.2.2 Hfcl
14.2.3 Quinstar Technology, Inc.
14.2.4 Aksh Optifibre
14.2.5 Art Photonics GmbH
14.2.6 Rpg Cables (Division of Kec International Limited)
14.2.7 Mitsubishi Chemical Group Corporation
14.2.8 Asahi Kasei Corporation
14.2.9 Birla Cable Ltd.
14.2.10 Orbis Oy
14.2.11 Auxora (Shenzhen), Inc.
14.2.12 Belden Inc.
14.2.13 Ls Cable & System Ltd.
14.2.14 Optical Cable Corporation
14.2.15 HC Photonics Corp.
14.2.16 Holographix LLC
14.2.17 Teem Photonics
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats Might Not be Captured in the Case of Unlisted Companies.
15 Appendix
15.1 Discussion Guide
Companies Mentioned
- Aksh Optifibre
- Art Photonics GmbH
- Asahi Kasei Corporation
- Auxora (Shenzhen), Inc.
- Belden Inc.
- Birla Cable Ltd.
- Cable Joint Stock Limited Company (Yofc)
- Coherent Corp. (Former II-VI Incorporated)
- Commscope Holding Company, Inc.
- Corning Incorporated
- Covesion Ltd.
- Digilens Inc.
- Fujikura Ltd.
- Furukawa Electric Co. Ltd.
- HC Photonics Corp.
- Hfcl
- Holographix LLC
- Ls Cable & System Ltd.
- Mitsubishi Chemical Group Corporation
- Optical Cable Corporation
- Orbis Oy
- Prysmian Group
- Quinstar Technology, Inc.
- Rpg Cables (Division of Kec International Limited)
- Sterlite Technologies Limited
- Sumitomo Electric Industries, Ltd.
- Teem Photonics
- Yangtze Optical Fibre
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 277 |
| Published | January 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 6.6 Billion |
| Forecasted Market Value ( USD | $ 9.5 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 28 |
