US Fiber Optic Preform Market Size, Share & Industry Trends Analysis Report By Process (VAD, OVD, PCVD, and MCVD), By End-USer, By Type (Multi-Mode, Single-Mode, and Plastic Optical Fiber), Growth Forecast, 2023 - 2030

The USA Fiber Optic Preform Market size is expected to reach $3.4 billion by 2030, rising at a market growth of 19.0% CAGR during the forecast period.

The fiber optic preform market in the United States is experiencing a transformative shift, driven by the rising demand for high-speed internet and burgeoning smart city initiatives nationwide. This market evolution is propelled by the pivotal role played by the fiber optic preform market, the foundational components of high-performance optical fibers.

The surging demand for high-speed internet forms the crux of this market transformation. With the United States positioned as a global technology hub, there is an unprecedented surge in data consumption fueled by the proliferation of connected devices, escalated video streaming, and the rising complexity of digital applications. To meet this escalating demand for robust and efficient communication infrastructure, fiber optic preforms have become essential in constructing the fiber optic cables that constitute the backbone of the nation's digital connectivity.

The increasing emphasis on broadband expansion is also propelling the surge in demand for fiber optic preforms. Governments and telecommunication providers worldwide are investing in developing and enhancing broadband networks to meet the expanding needs of businesses and consumers for high-speed internet access. Fiber optic preforms, integral to producing optical fibers with superior data transmission capabilities, are critical in meeting these broadband expansion goals.

Given the projections for heightened internet accessibility, the proliferation of machine-to-machine connections, and the ongoing consolidation within the telecommunication industry, there is a plausible inference that the demand for fiber optic preforms is experiencing growth. Telecom companies are presently investing in upgrading and expanding their networks to cater to the demands of emerging technologies. This surge in investment suggests an increased demand for fiber optic preforms to facilitate the deployment of fiber optic cables, supporting the evolving needs of advanced telecommunications infrastructure.

Market Trends

Increasing demand for high-speed internet

The fiber optic preform market in the U.S. is undergoing a profound transformation fueled by an escalating demand for high-speed internet and the relentless pursuit of advanced communication technologies. As the digital landscape evolves, the foundation of this transformation lies in the critical role played by fiber optic preforms – the elemental building blocks of high-performance optical fibers.

Fiber optic technology is becoming the de facto choice for broadband networks. The escalating demand for high-speed internet services, particularly in urban and remote regions, is steering telecommunication companies and internet service providers towards deploying fiber optic networks. As the initial stage in the manufacturing process of optical fibers, fiber optic preforms are witnessing an upswing in demand to meet the burgeoning needs of fiber optic cable production.

Furthermore, the advent of transformative technologies such as 5G networks as well as the Internet of Things (IoT) amplifies the nation's need for robust fiber optic infrastructure. The fiber optic preform market is responding to these technological advancements by enhancing the efficiency and scalability of preform manufacturing processes. The focus is on developing preforms that can support the higher data transfer rates and low-latency requirements essential for 5G networks and the seamless integration of IoT devices.

In addition to the burgeoning demand for high-speed internet, the fiber optic preform market is benefiting from the increasing awareness of the advantages of fiber optic technology. As businesses and consumers recognize the need for faster and more reliable connectivity, there is a growing preference for fiber optic solutions over traditional copper-based alternatives. This shift in preference is propelling the demand for fiber optic preforms, setting the stage for the market's sustained growth.

Therefore, the United States' commitment to ensuring equitable access to high-speed internet in underserved and rural areas further fuels the demand for fiber optic preform market. Government initiatives and private-sector investments to expand broadband infrastructure contribute significantly to the market's upward trajectory.

Rise in smart city initiatives

The surge in smart city initiatives across the United States is actively driving the expansion of the fiber optic preform market. As cities embrace advanced technologies to enhance urban living, the demand for high-speed and reliable communication networks becomes paramount. Fiber optic preforms play a critical role in meeting the connectivity requirements of various smart city applications, serving as the foundational material for optical fibers.

The inherent security and resistance to electromagnetic interference make fiber optics a preferred choice for transmitting sensitive data in smart city environments. As the U.S. continues to invest in public safety infrastructure, the reliability of fiber optic preform communication becomes a key factor in supporting applications such as video surveillance. Furthermore, the ongoing rollout of 5G networks, a crucial element of smart city connectivity, relies on the robust backhaul provided by fiber optic infrastructure. This underscores the strategic importance of fiber optic preforms in supporting the high data rates and low latency requirements of 5G networks in the U.S.

Amidst this landscape, government initiatives and funding further catalyze the growth of the fiber optic preform market. The U.S. government's commitment to smart city development and funding programs creates an environment conducive to the flourishing of industries supporting the technological backbone of modern urban environments. Hence, the U.S. government actively invests in smart city development, and the strategic importance of the fiber optic preform market is underscored, playing a pivotal role in supporting critical applications and the future expansion of high-speed networks.

Competition Analysis

The U.S. fiber optic preform market is distinguished by multiple major companies contributing substantially to the growth and progress of the optical communication and telecommunications sectors. Corning Incorporated stands out among the notable companies in this sector. Corning has a long-standing history of innovation and has been at the forefront of developing cutting-edge technologies, including fiber optic solutions. Their expertise spans the entire optical communications ecosystem, from glass manufacturing to producing fiber optic preforms, ensuring a comprehensive and integrated approach to the industry in the U.S.

Another prominent player is OFS (Optical Fiber Solutions), a leading designer and manufacturer of innovative fiber optic network products. With a focus on providing end-to-end solutions, OFS is actively involved in developing fiber optic preforms, catering to the increasing demand for high-performance optical fibers. Their commitment to research and development has positioned them as a key player in the industry, addressing the evolving needs of telecommunications, data centers, and emerging applications in smart city infrastructure.

Prysmian Group, a worldwide leader in the energy and telecom cable systems industry, is also a significant player in the U.S. fiber optic preform market. Known for its comprehensive range of products and services, Prysmian Group covers the entire supply chain, from raw materials to finished cable solutions. This integrated approach allows them to provide diverse solutions to meet the demands of the fiber optic preform market.

In addition to these major players, several other companies are contributing to the competitive landscape, including Sumitomo Electric Industries, Ltd., a diversified global electric wire and cable manufacturer, and Shin-Etsu Chemical Co., Ltd., which is recognized for its contribution to the semiconductor and electronics materials industry, including the production of optical fiber preforms.  

List of Key Companies Profiled

• Corning Incorporated
• Optical Cable Corporation
• Sterlite Technologies Limited
• Prysmian Group
• Furukawa Electric Co., Ltd.
• Sumitomo Electric Industries, Ltd
• Yangtze Optical Fibre and Cable Joint Stock Limited Company
• Hengtong Group Co., Ltd
• Fujikura Ltd.
• Shin-Etsu Chemical Co., Ltd

US Fiber Optic Preform Market Report Segmentation

By Process

• VAD
• OVD
• PCVD
• MCVD

By End-user

• Telecom
• Oil & Gas
• Military & Aerospace
• BFSI
• Railway
• Medical
• Others

By Type

• Multi-Mode
• Single-Mode
• Plastic Optical Fiber

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 USA Fiber Optic Preform Market, by Process
1.4.2 USA Fiber Optic Preform Market, by End-user
1.4.3 USA Fiber Optic Preform Market, by Type
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun – 2023, Jan) Leading Players
3.3.3 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Feb – 2023, Oct) Leading Players
3.4 Porter’s Five Force Analysis

Chapter 4. US Fiber Optic Preform Market
4.1 US Fiber Optic Preform Market, by Process
4.2 US Fiber Optic Preform Market, by End-user
4.3 US Fiber Optic Preform Market, by Type

Chapter 5. Company Profiles – Global Leaders
5.1 Corning Incorporated
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expenses
5.1.5 Recent strategies and developments:
5.1.5.1 Geographical Expansions:
5.1.6 SWOT Analysis
5.2 Optical Cable Corporation
5.2.1 Company Overview
5.2.2 Financial Analysis
5.2.3 Research & Development Expenses
5.2.4 SWOT Analysis
5.3 Sterlite Technologies Limited
5.3.1 Company Overview
5.3.2 Financial Analysis
5.3.3 Segmental and Regional Analysis
5.3.4 Recent strategies and developments:
5.3.4.1 Partnerships, Collaborations, and Agreements:
5.3.4.2 Product Launches and Product Expansions:
5.3.5 SWOT Analysis
5.4 Prysmian Group
5.4.1 Company Overview
5.4.2 Financial Analysis
5.4.3 Segmental and Regional Analysis
5.4.4 Research & Development Expenses
5.4.5 Recent strategies and developments:
5.4.5.1 Acquisition and Mergers:
5.4.5.2 Product Launches and Product Expansions:
5.4.6 SWOT Analysis
5.5 Furukawa Electric Co., Ltd.
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Segmental and Regional Analysis
5.5.4 Research & Development Expense
5.5.5 Recent strategies and developments:
5.5.5.1 Partnerships, Collaborations, and Agreements:
5.5.6 SWOT Analysis
5.6 Sumitomo Electric Industries, Ltd.
5.6.1 Company Overview
5.6.2 Financial Analysis
5.6.3 Segmental and Regional Analysis
5.6.4 Research & Development Expenses
5.6.5 Recent strategies and developments:
5.6.5.1 Partnerships, Collaborations, and Agreements:
5.6.5.2 Product Launches and Product Expansions:
5.6.5.3 Acquisition and Mergers:
5.6.6 SWOT Analysis
5.7 Yangtze Optical Fibre and Cable Joint Stock Limited Company
5.7.1 Company Overview
5.7.2 Financial Analysis
5.7.3 Segmental and Regional Analysis
5.7.4 Research & Development Expenses
5.7.5 SWOT Analysis
5.8 Hengtong Group Co., Ltd.
5.8.1 Company Overview
5.8.2 SWOT Analysis
5.9 Fujikura Ltd.
5.9.1 Company Overview
5.9.2 Financial Analysis
5.9.3 Segmental and Regional Analysis
5.9.4 Research & Development Expenses
5.9.5 SWOT Analysis
5.10. Shin-Etsu Chemical Co., Ltd.
5.10.1 Company Overview
5.10.2 Financial Analysis
5.10.3 Segmental and Regional Analysis
5.10.4 Research & Development Expenses
5.10.5 SWOT Analysis

TABLE 1 US Fiber Optic Preform Market, 2019 - 2022, USD Million
TABLE 2 US Fiber Optic Preform Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Fiber Optic Preform Market
TABLE 4 Product Launches And Product Expansions– Fiber Optic Preform Market
TABLE 5 Acquisition and Mergers– Fiber Optic Preform Market
TABLE 6 Geographical Expansions– Fiber Optic Preform Market
TABLE 7 US Fiber Optic Preform Market, by Process, 2019 - 2022, USD Million
TABLE 8 US Fiber Optic Preform Market, by Process, 2023 - 2030, USD Million
TABLE 9 US Fiber Optic Preform Market, by End-user, 2019 - 2022, USD Million
TABLE 10 US Fiber Optic Preform Market, by End-user, 2023 - 2030, USD Million
TABLE 11 US Fiber Optic Preform Market, by Type, 2019 - 2022, USD Million
TABLE 12 US Fiber Optic Preform Market, by Type, 2023 - 2030, USD Million
TABLE 13 Key Information – Corning Incorporated
TABLE 14 Key Information – OPTICAL CABLE CORPORATION
TABLE 15 Key Information – Sterlite Technologies Limited
TABLE 16 Key Information – Prysmian Group
TABLE 17 Key Information –Furukawa Electric Co., Ltd.
TABLE 18 Key Information – Sumitomo Electric Industries, Ltd.
TABLE 19 Key Information – Yangtze Optical Fibre and Cable Joint Stock Limited Company
TABLE 20 Key Information – HENGTONG GROUP CO., LTD.
TABLE 21 Key Information – Fujikura Ltd.
TABLE 22 Key Information – Shin-Etsu Chemical Co., Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 US Fiber Optic Preform Market, 2019 - 2030, USD milion
FIG 3 Key Factors Impacting the Fiber Optic Preform Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2021, Jun – 2023, Jan) Leading Players
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Feb – 2023, Oct) Leading Players
FIG 8 Porter’s Five Force Analysis: Fiber Optic Preform Market
FIG 9 US Fiber Optic Preform Market share, by Process, 2022
FIG 10 US Fiber Optic Preform Market share, by Process, 2030
FIG 11 US FIBER OPTIC PREFORM MARKET, BY PROCESS, 2019 - 2030, USD million
FIG 12 US FIBER OPTIC PREFORM MARKET share, BY END-USER, 2022
FIG 13 US FIBER OPTIC PREFORM MARKET share, BY END-USER, 2030
FIG 14 US Fiber Optic Preform Market, by End-user, 2019 - 2030, USD million
FIG 15 US Fiber Optic Preform Market share, by Type, 2022
FIG 16 US Fiber Optic Preform Market share, by Type 2030
FIG 17 US Fiber Optic Preform Market, by Type, 2019 - 2030, USD million
FIG 18 SWOT Analysis: Corning Incorporated
FIG 19 SWOT Analysis: OPTICAL CABLE CORPORATION
FIG 20 Recent strategies and developments: Sterlite Technologies Limited
FIG 21 SWOT Analysis: Sterlite Technologies Limited
FIG 22 Recent strategies and developments: Prysmian Group
FIG 23 SWOT Analysis: Prysmian Group
FIG 24 SWOT Analysis: Furukawa Electric Co., Ltd.
FIG 25 Recent strategies and developments: Sumitomo Electric Industries, Ltd
FIG 26 SWOT Analysis: Sumitomo Electric Industries, Ltd
FIG 27 SWOT Analysis: YANGTZE OPTICAL FIBRE AND CABLE JOINT STOCK LIMITED COMPANY
FIG 28 SWOT Analysis: HENGTONG GROUP CO., LTD.
FIG 29 SWOT Analysis: Fujikura Ltd.
FIG 30 SWOT Analysis: Shin-Etsu Chemical Co., Ltd.