The global graded-index multimode fibers market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). The graded-index multimode fiber is a kind of optical fiber with a higher bandwidth-intensive and induces a relatively better performance over a traditional optical fiber. This type of multimode fiber is widely applicable in medium distance and higher speed communication systems. In these fibers, the light travels forward in sinusoidal curves or oscillation forms.
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The rising trends for an efficient communication system that emerged with advanced technologies are expected to drive the global graded-index multimode fibers market growth during the forecast period. The rising demand for communication systems over a short distance in local area networks (LAN) is creating ample growth opportunities for the market. Additionally, the increasing trend for higher bandwidth services for higher-speed transmission applications is further anticipated to supplement the market growth during the forecast period.
Additionally, the key players present in the global graded-index multimode fibers market include Furukawa Electric Corp., Prysmian Group, and OELABS, among others, are adopting various strategies such as product launches, and mergers & acquisitions, among others to remain competitive in the market. For instance, in May 2021, Fujikura Ltd. announced to launch of a newly added 300-fiber optical cable in their pipeline with a 200 ?m fiber spider web ribbon. It is a high-density optical cable with a greater capacity to perform various operations at higher bandwidth.
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Market Coverage
- Segment Covered-
- By Technology
- By Application
- Competitive Landscape- Furukawa Electric Corp., Prysmian Group, and OELABS, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Graded-Index Multimode Fibers Market Report Segmentation
By Type
- Core Diameter 100 ?m
- Core Diameter 200 ?m
- Core Diameter 600 ?m
- Core Diameter 800 ?m
- Others
By Application
- Fiber Sensor
- Laser Transmission
- Data Communications
- Medical Apparatus
- Optical Devices
- Others
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