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Table of Contents
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About This Report
Table of Contents
SCOPE OF THE REPORT
Frequently Asked Questions
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Military Fibre Optic Cables Market Size
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Study Period
2019 - 2029
Base Year For Estimation
2023
Forecast Data Period
2024 - 2029
CAGR
6.00 %
Fastest Growing Market
North America
Largest Market
North America
Market Concentration
Medium
Major Players
*Disclaimer: Major Players sorted in no particular order
Compare market size and growth of
Military Fibre Optic Cables Market with other markets in Aerospace & Defense Industry
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Military Fibre Optic Cables Market Analysis
The Military Fibre Optic Cables Market is expected to register a CAGR of over 6% during the forecast period.
The increase in the necessity of enhanced data security, particularly in sectors like the military, where stringent requirements of secure information transfer are prevalent, has increased the growth of the market. There is a large demand for fiber optic cables in the military sector owing to their higher bandwidth capacity, protection against signal interference, and inherent security. The increase in military expenditure for the purpose of modernization of network and communication infrastructure is another factor driving the demand for fiber optic cables. However, the factors, like high initial costs for deployment, the fragile nature of fibers compared to metal wires, and difficulty in connecting them in circuits are hampering the growth of this market. Also, the growth of wireless communication technology and the infeasibility of wired transmission over long distances and diverse terrains are other factors that are expected to restrain the growth of the military fiber optic cables market.
Military Fibre Optic Cables Market Trends
Plastic Optical Fiber to Dominate Market Share
The plastic optical fiber segment is expected to dominate market share during the forecast period as they possess transmission capabilities that can address the needs of bandwidth-intensive applications of the military. Plastic fibers play an important role in military communication networks and data transmission. These types of cables are widely adopted by the military of developing nations to upgrade their military systems. Plastic optical fibers are made of simpler and less expensive components, and exhibit greater flexibility, and resiliency to bending, shock, and vibration in comparison to glass optical fiber cables. The use of fiber optic cables is helping the militaries in gaining new capabilities and increased performance to retain the advantage over their adversaries. New generations of almost all types of fighter aircraft are equipped with fiber-optic networks throughout their airframes that support many aircraft operations. For instance, there are more than 300 fiber-optic connections in an F-35 aircraft. Thus, the advantages of plastic optical fiber over glass optical fiber are driving the demand for such cables during the forecast period.
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North America iExpected to Lead Market Share
North America is expected to hold the largest share of the military fiber optic cables market and is also expected to continue its dominance in the market during the forecast period. The main reason for the higher revenue share of the region is the high demand for military fiber optic cables from the US. The US military uses fiber optic cables spanning several miles for tactical communication across the oceans. Also, fiber optic cables are also used in a variety of US military aircraft, naval ships, submarines, and other manned and unmanned platforms that are deployed by the US defense forces. Several new systems that use fiber optic cables are also being developed for the US military. For instance, BAE Systems plc is developing a dual-band fiber-optic towed decoy (FOTD) for the US Navy, that will protect pilots from advanced radar and missile threats. The new decoy will interface with the aircraft's onboard electronic warfare (EW) equipment and also has the capability to operate independently to enhance its effectiveness against threats. Such developments are expected to propel market growth in the region.
Military Fibre Optic Cables Industry Overview
The military fiber optic cables market is fragmented. G&H, Timbercon, Inc., OFS Fitel, LLC, Sumitomo Electric Lightwave Corp., and Prysmian Group are some of the prominent players in the market. The market is becoming competitive, as fiber optic cable manufacturers from other industries are entering the military sector by manufacturing military-grade products. As the adoption of fiber optic cables increases in a host of military applications, players are now focusing on incorporating advanced technologies in the fiber optic assemblies to increase their bandwidth, speed, efficiency, and security, which will help them gain new contracts from the defense sector customers.
Military Fibre Optic Cables Market Leaders
G&H
Timbercon, Inc.
OFS Fitel, LLC
Sumitomo Electric Lightwave Corp.
Prysmian Group
*Disclaimer: Major Players sorted in no particular order
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Military Fibre Optic Cables Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porters Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Cable Type
5.1.1 Single-mode
5.1.2 Multi-mode
5.2 Material Type
5.2.1 Plastic Optical Fibre
5.2.2 Glass Optical Fibre
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia Pacific
5.3.4 Rest of the World
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 G&H
6.2.2 Timbercon, Inc.
6.2.3 OFS Fitel, LLC
6.2.4 Sumitomo Electric Lightwave Corp.
6.2.5 Prysmian Group
6.2.6 Nexans
6.2.7 Sterlite Technologies Limited
6.2.8 STRAN Technologies (Corning Incorporated)
6.2.9 OCC
6.2.10 Infinite Electronics International, Inc.
6.2.11 W. L. Gore & Associates, Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Military Fibre Optic Cables Industry Segmentation
A fiber-optic cable or an optical-fiber cable is an assembly containing one or more optical fibers that are used to carry light. They are used for different military applications including long-distance telecommunication and in various military platforms for faster and more secure communication. The market is segmented by Cable Type, Material Type, and Geography. By Cable type, the market is segmented into Single-mode and Multi-mode. By Material Type, the market is segmented into Plastic Optical Fiber and Glass Optical Fiber. By geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The report provides the market size of the above segments in USD Million.
Cable Type Single-mode Multi-mode
Material Type Plastic Optical Fibre Glass Optical Fibre
Geography North America Europe Asia Pacific Rest of the World
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Military Fibre Optic Cables Market Research FAQs
What is the current Military Fibre Optic Cables Market size?
The Military Fibre Optic Cables Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Military Fibre Optic Cables Market?
G&H, Timbercon, Inc., OFS Fitel, LLC, Sumitomo Electric Lightwave Corp. and Prysmian Group are the major companies operating in the Military Fibre Optic Cables Market.
Which is the fastest growing region in Military Fibre Optic Cables Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Military Fibre Optic Cables Market?
In 2024, the North America accounts for the largest market share in Military Fibre Optic Cables Market.
What years does this Military Fibre Optic Cables Market cover?
The report covers the Military Fibre Optic Cables Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Military Fibre Optic Cables Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Military Fibre Optic Cables Industry Report
Statistics for the 2024 Military Fibre Optic Cables market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Military Fibre Optic Cables analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Military Fibre Optic Cables Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)
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