China Fiber Optics Market Size & Outlook, 2023-2030
China fiber optics market, 2017-2030 (US$M)
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China fiber optics market highlights
- The China fiber optics market generated a revenue of USD 950.9 million in 2023 and is expected to reach USD 1,586.8 million by 2030.
- The China market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, multi-mode was the largest revenue generating type in 2023.
- Plastic Optical Fiber (POF) is the most lucrative type segment registering the fastest growth during the forecast period.
Fiber optics market data book summary
| Market revenue in 2023 | USD 950.9 million |
| Market revenue in 2030 | USD 1,586.8 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Multi-mode |
| Fastest growing segment | Plastic Optical Fiber (POF) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single mode, Multi-mode, Plastic Optical Fiber (POF) |
| Key market players worldwide | Furukawa Electric Co Ltd, Corning Inc, Molex, OFS, Optical Cable Corp, Prysmian SpA, Sterlite Technologies Ltd DR |
Other key industry trends
- In terms of revenue, China accounted for 10.1% of the global fiber optics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China fiber optics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,501.9 million by 2030.
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Fiber Optics Market Scope
Fiber Optics Market Companies
| Name | Profile | # Employees | HQ | Website |
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China fiber optics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fiber optics market will help companies and investors design strategic landscapes.
Multi-mode was the largest segment with a revenue share of 51.23% in 2023. Horizon Databook has segmented the China fiber optics market based on single mode, multi-mode, plastic optical fiber (pof) covering the revenue growth of each sub-segment from 2017 to 2030.
The China fiber optics market is a dynamic and rapidly growing sector that plays a key role in the country's telecommunications and data transmission landscape. With the country's vast and growing population, there is an ever-increasing demand for digital services, high-speed internet, and robust communication networks.
Fiber optics, offering high bandwidth and fast data transmission, has become the technology of preference to meet these demands. The market has witnessed significant growth, driven by various factors.
China's continuous investment in telecommunications infrastructure, such as the rollout of 5G networks, has spurred the deployment of fiber optics to support these advanced systems. Moreover, the country's expanding e-commerce sector, digital economy, and the proliferation of smart devices have further fueled the demand for fiber optic connections.
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Our clientele includes a mix of fiber optics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China fiber optics market , including forecasts for subscribers. This country databook contains high-level insights into China fiber optics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China fiber optics market size, by type, 2017-2030 (US$M)
China Fiber Optics Market Outlook Share, 2023 & 2030 (US$M)
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