Armored Fiber Patch Cable Market Size, Share & Trends Analysis, By Type (Single-mode Fiber Patch Cable), By Application (Networking), By End Use (Industrial, IT & Network Security), Region and Forecast Period 2022 – 2030 (Updated Version Available)

Report ID - MRC_549 | Pages - 254 | Category - Electronics and Semiconductors

Key Market Overview:

Armored Fiber Patch Cable Market size was worth USD 2.4 Billion in 2021, witnessing a CAGR of 10.3% during the forecast period (2022-2030), and the market is anticipated to be worth USD 5.8 Billion by 2030.

The large usage of armored fiber patch cables as the alternative to the conventional copper cables used for the network connectivity in the buildings is expected to positively drive the market growth owing to the growing infrastructural developments. For instance, as per the Australian Infrastructure and Transport statistical report, in the fiscal year 2020-21, the Australian infrastructure industries accounted for around 8.6 percent of the country’s GDP. Thus, the rising usage of armored fiber patch cable especially in infrastructural networking applications is anticipated to boost the market growth during the forecast period.

Additionally, the growing demand for lightweight vehicles among the population is anticipated to contribute to the market growth during the forecast period owing to the usage of patch cables in internal vehicle electronics. For instance, as per the Federal Reserve Bank of St. Louis, in May 2019, the global sales of lightweight vehicles were around 17.385 million units. Thus, the increasing adoption of armored fiber patch cable in vehicles for applications such as communications, lighting, and sensing requirements is estimated to fuel the industry’s growth. In the context of the region, Asia Pacific is expected to contribute to the armored fiber patch cable market share. The factors like increased expenditures on the development of innovative products, emphasis on networking within the expanding commercial institutions, and growing data server farms in the Asia Pacific region.

Market Dynamics:

The armored fiber patch cable is the latest version of fiber patch cable. The outer sleeve of the patch cable is prepared of plastics, such as polyethylene, which aids in the protection against abrasions and also prevents it from being stretched during the cable installation. The fiber patch cable is provided directly under the armored inner sleeve (the protective and flame retardant material the bundle support) to help in shedding the layer for merging the cable to terminators or connectors.

Driver:

The growing infrastructural usage of the cables along long floors especially in laboratories and commercial spaces for the increased demand for high-speed network connectivity systems is the major driver that fuels the growth of the armored fiber patch cable market statistics. Additionally, the increased adoption of patch cables especially in the automotive and electrical industry due to properties such as high tensile strength and protection against rodents, abrasions, and other environmental factors also boosts the market growth.

Restraint:

The surging adoption of smart technological innovations restricts the growth of the industry owing to the growing adoption of wireless and smart connectivity among devices. Additionally, the emergence of the internet of things has also hampered the market growth during the projected period due to the risks of physical failure of the wired network cables and feasibility concerns in terms of connecting multiple devices through the wired network cables.

Opportunity:

The growing rate of data and network transmission among large data servers combined with the rising emergence of the 5G revolution within infrastructural systems are anticipated to create profitable opportunities for industry growth during the forecast period. Additionally, the large adoption of surveillance networks or IP cameras within the infrastructural development is also estimated to create lucrative opportunities for market growth due to the high demand for multimode and double-stranded patch cables.

COVID-19 Impact:

The armored fiber patch cable market has been substantially impacted due to the COVID-19 pandemic in different parts of the world. The factors such as limited production of cables due to a shortage of raw materials, logistics restrictions, manufacturing facilities closures, and the economic slowdown are the major effects of COVID-19 which hindered market growth. Additionally, product shipments were majorly impacted during the initial lockdown due to the stringent government lockdown rules and fear of the disease spread. However, the conditions have stabilized and as a result, it is ascertained that COVID-19’s overall impact on the industry is moderate. Post COVID-19, there was a positive impact on the market growth owing to the increased infrastructural development and establishment of large server farms.

Armored Fiber Patch Cable Report Coverage:

Report Attributes Report Details
Study Timeline 2016-2030
Market Size in 2030 (USD Billion) 5.8 Billion
CAGR (2022-2030) 10.3%
By Type Single-mode Fiber Patch Cable, Multi-mode Fiber Patch Cable
By Application Networking, Non-Networking
By End Use Industrial, IT & Network Security, Enterprise, and Others
By Geography North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Key Players Thorlabs, FS Tech, OptoSpan, Fibermart, Fibertronics, FiberTek, Eurotech, Qualinet Technology, Jilin Fiber Cable Group, Huihong Technologies

Market Segmentation:

By Type

The type segment is divided into single-mode fiber patch cable and multi-mode fiber patch cable. The single-mode fiber patch cable segment is expected to contribute the largest revenue share during the forecast period. The factors such as the large data transmission capacity of around 40GB over hundreds of kilometers/miles with reduced integrity loss, the unrestricted bandwidth capacity, and decreased need for routers or switches for faster transmissions along large distances are expected to support the growth of single-mode fiber patch cable segment. Furthermore, the multi-mode fiber patch cable segment is also anticipated to register the fastest CAGR growth in terms of volume owing to the easy maintenance and operability, reduced data losses over multiple bends and radius of the cable length, and low-cost alternative as compared to other types of patch cables.

armored fiber patch cable market by product

By Application

The application segment is bifurcated into networking, and non-networking. The networking segment is expected to contribute the largest share of over 35.2% during the forecast period. The factors such as an ideal alternative to copper cabling in terms of high networking speed and large capacity coupled with the connection of multiple devices within a network due to reduced risks of data transmission failures during a power outage are anticipated to support the growth of the networking segment. Further, the non-networking segment is also estimated to contribute a significant share to the growth of armored fiber patch cable market statistics owing to the high usage for short-distance wiring closets in the infrastructures such as commercial, residential, IT and networks, and healthcare combined with the transmission of audio, video, and telephone signals in non-networked applications such as microphones and headphones.

By End Use

The end-user segment is categorized into industrial, IT & network security, enterprise, and others. The IT & network security segment is anticipated to register the fastest CAGR growth of over 16.1% during the forecast period. The factors such as reduced costs of maintenance, increased need for faster and reliable transmission of signals among multiple devices on a single network and reduced risks of physical compromise are expected to support the growth of the IT & network security segment. Moreover, the industrial segment is also estimated to witness substantial growth during the forecast period owing to the high resistance to extreme temperatures, sunlight, and oil, the low-cost installation of mechanical connectors, and the great tolerance against chemical solvents and lubricants majorly used in the industrial processes.

armored fiber patch cable market by end use

By Region

The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. Asia Pacific is projected to register the fastest CAGR growth of over 13.4% during the forecast period. The factors such as the high demand for high-speed connectivity devices for enhanced processes within institutions, growing expenditures on cable technology improvements, and increased development of data centers are estimated to accelerate the industry growth in the Asia Pacific region.

North America is also anticipated to contribute to the armored fiber patch cable market share owing to the early adoption of 5G internet networks in telecommunication, the large presence of the server farms within the region due to the increased organizational operations and equipment, and increased dependence on data centers for controlled management and distribution of data are anticipated to boost the industry presence in the North American region.

Armored Fiber Patch Cable Market Competitive Landscape:

The major points in terms of the competitive landscape of the industry and the detailed profiles of key market players have been studied in the report. Also, the surge in product innovations, adoption of business strategies, and opportunity advantage in terms of application launches have fastened the growth of the sample preparation market. The major players operating in the market include-

  • Thorlabs
  • FS Tech
  • OptoSpan
  • Fibermart
  • Fibertronics
  • FiberTek
  • Eurotech
  • Qualinet Technology
  • Jilin Fiber Cable Group
  • Huihong Technologies

FAQ

How much is the Armored Fiber Patch Cable Market worth?

The Armored Fiber Patch Cable Market is worth USD 5.8 Billion by 2030.

Who are the major players operating in this industry?

Thorlabs, FS Tech, OptoSpan, Fibermart, Fibertronics, FiberTek, Eurotech, Qualinet Technology, Jilin Fiber Cable Group, Huihong Technologies are the major players operating in this industry.

Which region contributed the largest share of the market growth?

Asia Pacific is estimated to contribute the largest share to the market growth.

What is the main market-driving factor?

The growing infrastructural usage of the cables along long floors especially in laboratories and commercial spaces owing to the increased demand for high-speed network connectivity systems and devices.

Which is the leading type segment in this market?

single-mode fiber patch cable Industry is the leading Type segment in this market.

Table of Content

  1. Introduction
    • Market Introduction
    • Market Research Methodology
      • Research Process
      • Primary Research
      • Secondary Research
      • Data Collection Technique
      • Data Sources
    • Market Estimation Methodology
      • Limitations of the Study
    • Product Picture of Armored Fiber Patch Cable
    • Global Armored Fiber Patch Cable Market: Classification
    • Geographic Scope
    • Years Considered for the Study
    • Research Methodology in brief
    • Parent Market Overview
    • Overall Armored Fiber Patch Cable Market Regional Demand
    • Research Programs/Design
    • Market Breakdown and Data Triangulation Approach
    • Data Source
    • Secondary Sources
    • Primary Sources
    • Primary Interviews
    • Average primary breakdown ratio
  2. Market Dynamics
    • Drivers
      • Drivers
    • Restraints
      • Restraints
    • Opportunity
      • Impact forces on market dynamics
      • Impact forces during the forecast years
    • Industry Value Chain
      • Upstream analysis
      • Downstream analysis
      • Distribution Channel
      • Direct Channel
      • Indirect Channel
    • Potential Customers
    • Manufacturing/Operational Cost Analysis
    • Pricing Analysis by Region
    • Key Technology Landscape
    • Regulatory Analysis
    • Porter’s Analysis
      • Supplier Power
      • Buyer Power
      • Substitution Threat
      • Threat from New Entry
      • Competitive Rivalry
    • PESTEL Analysis
    • Political Factors
    • Economic Factor
    • Social Factors
    • Technological Factor
    • Environmental Factors
    • Legal Factor
    • Covid-19 impact on Global Economy
    • Covid-19 impact on Armored Fiber Patch Cable demand
    • Post-Covid Impact on Armored Fiber Patch Cable Market Demand
    • Impact Analysis of the Russia-Ukraine Conflict
  3. Global Armored Fiber Patch Cable Market Segmentation, by Volume (Units) & Revenue (USD Billion), (2022-2030)
    • By Type
      • Single-mode Fiber Patch Cable
      • Multi-mode Fiber Patch Cable
    • By Application
      • Networking
      • Non-Networking
    • By End Use
      • Industrial
      • IT & Network Security
      • Enterprise
      • Others
  1. Global Armored Fiber Patch Cable Market Overview, By Region
    • North America Armored Fiber Patch Cable Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
      • US
        • By Type
        • By Application
        • By End Use
      • Canada
      • Mexico
    • Europe Armored Fiber Patch Cable Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
      • France
      • UK
      • Spain
      • Russia
      • Italy
      • BENELUX
    • Asia Pacific Armored Fiber Patch Cable Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
      • China
      • Japan
      • Australia
      • South Korea
      • India
      • ASEAN
  1. Latin America Armored Fiber Patch Cable Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
    • Brazil
    • Argentina
    • Chile
  2. Middle East and Africa Armored Fiber Patch Cable Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
    • GCC
    • Turkey
    • South Africa
  3. Global Armored Fiber Patch Cable Market Revenue: Competitive Analysis, 2021
    • Key strategies by players
    • Revenue (USD Billion and %), By manufacturers, 2021
    • Player Positioning by Market Players, 2021
  4. Competitive Analysis
    • Thorlabs
      • Business Overview
      • Business Financials (USD Billion)
      • Product Category, Type, and Specification
      • Main Business/Business Overview
      • Geographical Analysis
      • Recent Development
      • Swot Analysis
    • FS Tech
    • OptoSpan
    • Fibermart
    • Fibertronics
    • FiberTek
    • Eurotech
    • Qualinet Technology
    • Jilin Fiber Cable Group
    • Huihong Technologies
  5. Market Research Findings & Conclusion

Disclaimer

Research Methodology

The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.

Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.

Armored Fiber Patch Cable Market Size, Share & Trends Analysis, By Type (Single-mode Fiber Patch Cable), By Application (Networking), By End Use (Industrial, IT & Network Security), Region and Forecast Period 2022 – 2030 (Updated Version Available)
Back to top button