U.S. Single Mode Fiber Optics Market Size & Outlook
Related Markets
U.S. single mode fiber optics market highlights
- The U.S. single mode fiber optics market generated a revenue of USD 534.3 billion in 2023 and is expected to reach USD 677.1 billion by 2030.
- The U.S. market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, telecom was the largest revenue generating application in 2023.
- Medical is the most lucrative application segment registering the fastest growth during the forecast period.
Single mode fiber optics market data book summary
| Market revenue in 2023 | USD 534.3 billion |
| Market revenue in 2030 | USD 677.1 billion |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Telecom |
| Fastest growing segment | Medical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, Railway |
| 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, U.S. accounted for 15.6% of the global single mode fiber optics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. single mode fiber optics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 162.2 billion by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Single Mode Fiber Optics Market Scope
Single Mode Fiber Optics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Prysmian SpA | View profile | 30351 | Via Chiese 6, MIlan, Italy, 20126 | https://www.prysmiangroup.com |
| Molex | View profile | 11-50 | Hankamer, Texas, United States, North America | https://www.molexcompany.com |
| Optical Cable Corp | View profile | 327 | 5290 Concourse Drive, Roanoke, VA, United States, 24019 | https://www.occfiber.com |
| Sterlite Technologies Ltd DR | View profile | 5672 | Koregaon Road 9, STS 12/1, 4th Floor, Godrej Millennium, Pune, MH, India, 411 001 | https://www.stl.tech |
| OFS | View profile | 1001-5000 | Huntingburg, Indiana, United States, North America | https://ofs.com |
| Corning Inc | View profile | 49800 | One Riverfront Plaza, Corning, NY, United States, 14831 | https://www.corning.com |
| Furukawa Electric Co Ltd | View profile | 51314 | Marunouchi Nakadori Building, 2-3, Marunouchi 2-chome, Chiyodaku, Tokyo, Japan, 100-8322 | http://www.furukawa.co.jp |
U.S. single mode 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 single mode fiber optics market will help companies and investors design strategic landscapes.
Telecom was the largest segment with a revenue share of 40.69% in 2023. Horizon Databook has segmented the U.S. single mode fiber optics market based on telecom, oil & gas, military & aerospace, bfsi, medical, railway covering the revenue growth of each sub-segment from 2018 to 2030.
- U.S. Single Mode Fiber Optics Application Outlook (Revenue, USD Billion, 2018-2030)
- Telecom
- Oil & Gas
- Military & Aerospace
- BFSI
- Medical
- Railway
- Others
Reasons to subscribe to U.S. single mode fiber optics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. single mode fiber optics market databook
-
Our clientele includes a mix of single mode fiber optics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. single mode fiber optics market , including forecasts for subscribers. This country databook contains high-level insights into U.S. single mode fiber optics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. single mode fiber optics market size, by application, 2018-2030 (US$B)
U.S. Single Mode Fiber Optics Market Outlook Share, 2023 & 2030 (US$B)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
