Germany Fiber Optics Market Size & Outlook, 2023-2030
Germany fiber optics market, 2017-2030 (US$M)
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Germany fiber optics market highlights
- The Germany fiber optics market generated a revenue of USD 724.4 million in 2023 and is expected to reach USD 905.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.2% 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 724.4 million |
| Market revenue in 2030 | USD 905.5 million |
| Growth rate | 3.2% (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, Germany accounted for 7.7% 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 Europe, Germany fiber optics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 640.5 million by 2030.
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Fiber Optics Market Scope
Fiber Optics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 52.22% in 2023. Horizon Databook has segmented the Germany 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.
In Germany, there has been a significant surge in demand for high-speed services, leading to a widespread growth of fiber optic infrastructure across the country. Many urban areas and municipalities, especially those that are not the capital cities of the federal states, have developed a robust business and user base.
This demographic demands reliable and fast connectivity to meet their needs and stay competitive, prompting a pressing need for digital modernization. With advancing technology and the increasingly stringent requirements of a connected world, fiber optics has emerged as the ideal option for both businesses and residential users in Germany.
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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 Germany fiber optics market , including forecasts for subscribers. This country databook contains high-level insights into Germany fiber optics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany fiber optics market size, by type, 2017-2030 (US$M)
Germany Fiber Optics Market Outlook Share, 2023 & 2030 (US$M)
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