India Optical Fiber Cables Market Segmented By Type (Single-Mode & Multi-Mode), By Material (Glass & Plastic), By Deployment (Underground, Underwater & Aerial), By Application (Sensing, Wiring, Transmission, Light Guide, Imaging & Others), By End-User (IT & Telecom, Government, BFSI, Healthcare, Defense & Others), By Region, Competition, Forecast and Opportunities, and, 2018-2028F
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIndia Optical Fiber Cables Market Segmented By Type (Single-Mode & Multi-Mode), By Material (Glass & Plastic), By Deployment (Underground, Underwater & Aerial), By Application (Sensing, Wiring, Transmission, Light Guide, Imaging & Others), By End-User (IT & Telecom, Government, BFSI, Healthcare, Defense & Others), By Region, Competition, Forecast and Opportunities, and, 2018-2028F
| Forecast Period | 2023-2028 |
| Market Size (2022) | USD 542.40 Million |
| CAGR (2023-2028) | 10.85% |
| Market Size (2028) | USD 979.39 Million |
| Fastest Growing Segment | Underwater & Aerial |
| Largest Market | North India |
India optical fiber cables market is expected to grow during the forecast period, because of the Indian government's rising investments in optical fiber cable network infrastructure, in accordance with programs such as the Smart Cities Vision and Digital India. Furthermore, rising demand for OFC from the IT (Information Technology) and telecom sectors, an increase in the number of mobile devices, increased adoption of FTTH (Fiber to the Home) connectivity, and an increase in the number of data centres are expected to fuel the optical fiber cables market in India during the forecast period.
Glass fibres are enclosed in an insulating sheath in fiber-optic cables. It aids in the transmission of high-speed data over long distances. Fiber-optic lines have greater bandwidth and can transport data over greater distances than traditional cables. Throughout the world, telephone and cable television services rely on fiber-optic connections. Each fiber optic cable contains one or more glass strands that are only a few thousandths of a millimetre thick. Every thread's core is what allows light to pass through it. The core is covered by a thick glass known as cladding to prevent signal attenuation and allows light to pass through curves in the cable.
India has a well-established backbone network that connects states and the centre. While the OFC network exists up to the block level, the backhaul network has yet to be integrated into the optical fibre cable network. Around 80-90% of tower backhaul connections continue to use microwave links, which do not support higher bandwidth capabilities. The fibre has almost limitless bandwidth potential. With increased rural penetration, spectrum scarcity is likely to worsen, and as a result, demand for OFC for backhaul and BTS (base transceiver station) access is expected to rise.
The ability to transmit data using light pulses has enabled many world-changing innovations, thanks to the optic fiber cable technology's unparalleled progress in various industries. Various advantages of optical fibre cables, such as enormous bandwidths, low transmission loss, immunity to cross talk, electrical isolation, small size, low cost, signal security, ruggedness, and flexibility, have paved the way for the optical fiber cables market's tremendous growth.
Growing Adoption of Wireless Communication Systems is Fueling the Market Growth
Emergence of Wavelength Division multiplexing (WDM) is Driving Market Growth
Market Segmentation
Recent Developments
- Corning Incorporated (US) announced theaddition of MiniXtend HD cables for 12 to 72 fibers and MiniXtend XD cables for192 and 288 fibers to its MiniXtend cable portfolio in May 2022. The newMiniXtend HD and MiniXtend XD cables provide high density, reduced duct space,and a lower carbon footprint.
- Sumitomo Electric Industries, Ltd. (Japan)introduced new ITU-T G.654.E terrestrial ultra-low-loss optical fibers andcables through its PureAdvance series in November 2021. The new ultra-low-lossoptical fibers and cables are appropriate for broadband applications.
Company Profiles
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | By Type By Material By Deployment By Application By End-User By Region |
| Regional Scope | North India, South India, West India, East India |
| Key Companies Profiled | Sterlite Technologies Limited, Himachal Futuristic Communications Ltd., Aksh OptiFiber Limited, Finolex Cables Limited, Birla Cables Limited, Vindhya Telelinks Limited, UM Cables Limited, Uniflex Cables Limited, West Coast Optilinks, Paramount Communications Limited |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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