India Optical Fiber Cables Market Size and Trends 2028

Report Description

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

The growth of the fibre optic cable market is expected to be limited by the increased adoption of wireless communication systems. Wireless service demand has risen dramatically in recent years. The Internet of Things (IoT) and other emerging technologies have accelerated the adaption of wireless communication systems. As a result of the requirements for remote working and learning, the Internet has become a necessary component of people's life. Several pandemic survivors who relocated to tier 2 and tier 3 cities recognized the importance of wireless technology. As a result, the widespread use of wireless communication systems is impeding the expansion of the fiber optic cable market.

Emergence of Wavelength Division multiplexing (WDM) is Driving Market Growth

The most recent technological advancement in fiber cables is wavelength division multiplexing (WDM). Wavelength division multiplexing is a technique for multiplexing the wavelengths of laser lights to multiplex the number of optical carrier signals through a single optical fibre channel. WDM enables communication in all directions through a fiber cable. WDMs are used on a single optical fibre to combine light signals from multiple optical fibers. This is completed by utilizing a coupler at the WDM input. The market for WDMs is anticipated to grow at the fastest rate in Asia-Pacific, with several Chinese businesses driving the charge, such as ZG Technology and Optic Network Technologies.

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Market Segmentation

India optical fiber cables market is segmented into type, material, deployment, application, end-user and region. Based on type, the market is further divided into single mode & multi-mode. On the basis on material, the market is further bifurcated into glass & plastic. Based on deployment, the market is further split into underground, underwater & aerial. Based on application, the market is segmented into sensing, wiring, transmission, light guide, imaging & others. On the basis of end-user, the market is further split into IT & telecom, government, BFSI, healthcare, defense & others. On the basis of region, the market is further divided into south, west, north & east.

Recent Developments

Corning Incorporated (US) announced the addition of MiniXtend HD cables for 12 to 72 fibers and MiniXtend XD cables for 192 and 288 fibers to its MiniXtend cable portfolio in May 2022. The new MiniXtend 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 and cables through its PureAdvance series in November 2021. The new ultra-low-loss optical fibers and cables are appropriate for broadband applications.

Company Profiles

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 are among the major players driving the India optical fiber cables market.

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.
Pricing and Purchase Options	Avail of customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, the India Optical Fiber Cables market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

India Optical Fiber Cables Market, By Type:

Single-Mode
Multi-Mode

India Optical Fiber Cables Market, By Material:

Glass
Plastic

India Optical Fiber Cables Market, By Deployment:

Underground
Underwater
Aerial

India Optical Fiber Cables Market, By Application:

Sensing
Wiring
Transmission
Light Guide
Imaging
Others

India Optical Fiber Cables Market, By End-User:

IT & Telecom
Government
BFSI
Healthcare
Defense
Others

India Optical Fiber Cables Market, By Region:

North India
South India
West India
East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Optical Fiber Cables market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Impact of COVID-19 on India Optical Fiber Cables Market

4. Executive Summary

5. Voice of Customers

6. India Optical Fiber Cables Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type (Single-Mode & Multi-Mode)

6.2.2. By Material (Glass & Plastic)

6.2.3. By Deployment (Underground, Underwater & Aerial)

6.2.4. By Application (Sensing, Wiring, Transmission, Light Guide, Imaging & Others)

6.2.5. By End-User (IT & Telecom, Government, BFSI, Healthcare, Defense & Others)

6.2.6. By Region (North, South, West, East)

6.3. By Company

6.4. Market Map

7. India Single-Mode Optical Fiber Cables Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Material

7.2.2. By Deployment

7.2.3. By Application

7.2.4. By End-User

7.2.5. By Region

8. India Multi-Mode Optical Fiber Cables Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Material

8.2.2. By Deployment

8.2.3. By Application

8.2.4. By End-User

8.2.5. By Region

9. Market Dynamics

9.1. Drivers

9.2. Challenges

10. Market Trends & Developments

11. Policy & Regulatory Landscape

12. India Economic Profile

13. Company Profiles

13.1. Sterlite Technologies Limited

13.1.1. Business Overview

13.1.2. Key Revenue and Financials (If Available)

13.1.3. Product Developments

13.1.4. Key Personnel & Contact Person

13.1.5. Key Products/Services Offered

13.2. Himachal Futuristic Communications Ltd.

13.2.1. Business Overview

13.2.2. Key Revenue and Financials (If Available)

13.2.3. Product Developments

13.2.4. Key Personnel & Contact Person

13.2.5. Key Products/Services Offered

13.3. Aksh OptiFiber Limited

13.3.1. Business Overview

13.3.2. Key Revenue and Financials (If Available)

13.3.3. Product Developments

13.3.4. Key Personnel & Contact Person

13.3.5. Key Products/Services Offered

13.4. Finolex Cables Limited

13.4.1. Business Overview

13.4.2. Key Revenue and Financials (If Available)

13.4.3. Product Developments

13.4.4. Key Personnel & Contact Person

13.4.5. Key Products/Services Offered

13.5. Birla Cables Limited

13.5.1. Business Overview

13.5.2. Key Revenue and Financials (If Available)

13.5.3. Product Developments

13.5.4. Key Personnel & Contact Person

13.5.5. Key Products/Services Offered

13.6. Vindhya Telelinks Limited

13.6.1. Business Overview

13.6.2. Key Revenue and Financials (If Available)

13.6.3. Product Developments

13.6.4. Key Personnel & Contact Person

13.6.5. Key Products/Services Offered

13.7. UM Cables Limited

13.7.1. Business Overview

13.7.2. Key Revenue and Financials (If Available)

13.7.3. Product Developments

13.7.4. Key Personnel & Contact Person

13.7.5. Key Products/Services Offered

13.8. Uniflex Cables Limited

13.8.1. Business Overview

13.8.2. Key Revenue and Financials (If Available)

13.8.3. Product Developments

13.8.4. Key Personnel & Contact Person

13.8.5. Key Products/Services Offered

13.9. West Coast Optilinks

13.9.1. Business Overview

13.9.2. Key Revenue and Financials (If Available)

13.9.3. Product Developments

13.9.4. Key Personnel & Contact Person

13.9.5. Key Products/Services Offered

13.10. Paramount Communications Limited

13.10.1. Business Overview

13.10.2. Key Revenue and Financials (If Available)

13.10.3. Product Developments

13.10.4. Key Personnel & Contact Person

13.10.5. Key Products/Services Offered

14. Strategic Recommendations

15. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

Which are the key players in the India Optical Fiber Cables market?

Key players in the India Optical Fiber Cables Market are 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, and Paramount Communications Limited.

Which is the fastest growing region in India Optical Fiber Cables Market?

West India dominated the India Optical Fiber Cables market in 2022, but the south region is expected to register the fastest CAGR during the forecast period owing to the presence of major IT players and a growing number of small and medium enterprises (SMEs) in the region.

What are the advantages of using Optical Fiber Cables?

Optical Fiber Cables has numerous advantages, including better bandwidth, higher bandwidth means faster speed, longer transmission distances, greater flexibility, improved latency, and stronger security.

What are the factors driving the India Optical Fiber Cables market?

Growing implementation of 5G, rising adoption of fiber to the home (FTTH) connectivity, and emergence of Internet of Things (IoT) are the main factors expected to drive the Optical Fiber Cables market growth through the forecast period.

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