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Global Optical Fiber Patch Cord Market to reach USD 2.81 billion by the end of 2030

Global Optical Fiber Patch Cord Market Size Study & Forecast, by Type (Multimode, Single-mode), by Application (Optical Data Network, Telecommunication, Military and Aerospace, Others) and Regional Analysis, 2023-2030

Product Code: EESC-20971716
Publish Date: 5-12-2023
Page: 200

Global Optical Fiber Patch Cord Market is valued at approximately USD 1.9 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2023-2030. An optical fiber patch cord, also known as a fiber optic jumper or patch cable, is a cable that connects two optical fiber connectors. It is a flexible cable that is typically made of two or more strands of optical fiber, surrounded by a protective jacket. Optical fiber patch cords are used in a variety of applications, including optical data network, telecommunication, military and aerospace, and many others. They are used to connect optical fiber devices, such as switches, routers, and servers. The Optical Fiber Patch Cord Market is expected to grow in the coming years due to increased demand for high-speed internet connectivity and the expansion of data-intensive technologies such as cloud computing and big data. These demands require a robust and efficient network infrastructure, and optical fiber patch cords are crucial in establishing reliable and high-performance connectivity. Additionally, the growing focus on network security is driving the adoption of optical fiber patch cords, as they offer enhanced security features compared to traditional copper cables. However, the market is hindered due to the high installation cost of the fibers.

The global market is experiencing growth due to the increasing number of people using the Internet. The continuous development of telecommunication networks and infrastructure worldwide directly influences this. According to Statista, in 2020, nearly 749.07 million people were recorded as a internet users and the number is estimated to grow and account to approximately 1,134.04 million people by 2025. Government initiatives aimed at supporting the deployment of 5G networks across the world are also influencing the market. For example, The European Commission acknowledged the significance of 5G technology at an early stage and initiated a collaborative effort involving both public and private sectors to conduct research and development in this field. They regional government announced funding of over USD 861 million to support 5G deployment across Europe through the Horizon 2020 Program. In addition, the expansion of data centers to support cloud computing and big data technologies has increased the demand for optical fiber patch cords, which provide high bandwidth, low latency, and scalability. Innovations in optical fiber patch cords, such as bend-insensitive fibers and higher data transfer rates, offer opportunities for growth and development in the market. The emergence of new markets and infrastructure development also presents opportunities for growth in the Optical Fiber Patch Cord Market. However, the high cost of maintenance may hinder market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Optical Fiber Patch Cord Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growth of telecommunication infrastructure , along with with widespread fiber optic networks in place across the region. This creates a strong basis for the use and acceptance of optical fiber patch cords. cords. The United States is a center for technological innovation, hosting numerous major companies and research institutions that drive progress in communication and networking technologies. This fosters a demand for cutting-edge solutions in the optical fiber patch cord market due to the country’s technological prowess. There is also a large consumer base in the United States with a high demand for reliable and high-speed connectivity, driven by the increasing usage of bandwidth-intensive applications and digital content. Asia Pacific is expected to grow significantly over the forecast period. China is expected to become a significant market for the optical fiber industry. China’s prominence in the market is attributed to several factors’ rapid economic growth and infrastructure development, with extensive deployment of fiber optic networks. Also, the APAC region has a large and continuously expanding population with a growing need for high-speed data connectivity, fueled by increasing internet penetration and digital transformation across various industries, which further stipulates the market demand across the region.

Major market player included in this report are:
T&S Communication Co, Ltd.
KINSOM Technology Ltd.
Shenzhen Opticking Technology Co. Ltd.
Sumitomo Electric Industries, Ltd.
Black Box Corporation
LongXing Telecom Ltd.
Amphenol Corporation
Megladon Manufacturing Group Ltd.
Phoenix Contact
Wirenet Technology Co., Ltd.

Recent Developments in the Market:
Ø In May 2022, Phoenix Contact introduced PCB connectors and patch cables for USB type A and type C, as well as HDMI type A. These connectors are available in USB 2.0, USB 3.2 Gen. 1/USB 3.0, and USB 3.2 Gen. 2/USB 3.1 versions. They can transmit data at rates up to 10Gbps and are suitable for use as a service interface or for permanent transmissions in protected applications.

Global Optical Fiber Patch Cord Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

By Application:
Optical Data Network
Military and Aerospace

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Optical Fiber Patch Cord Market, by Region, 2020-2030 (USD Billion)
1.2.2. Optical Fiber Patch Cord Market, by Type, 2020-2030 (USD Billion)
1.2.3. Optical Fiber Patch Cord Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Optical Fiber Patch Cord Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Optical Fiber Patch Cord Market Dynamics
3.1. Optical Fiber Patch Cord Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Growing internet penetration and connectivity Expansion of data centers Increase in adoption of cloud services and big data analytics
3.1.2. Market Challenges High Installation Cost High cost of maintenance
3.1.3. Market Opportunities Technological Advancements Product innovations
Chapter 4. Global Optical Fiber Patch Cord Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Optical Fiber Patch Cord Market, by Type
5.1. Market Snapshot
5.2. Global Optical Fiber Patch Cord Market by Type, Performance – Potential Analysis
5.3. Global Optical Fiber Patch Cord Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Optical Fiber Patch Cord Market, Sub Segment Analysis
5.4.1. Multimode
5.4.2. Single-mode
Chapter 6. Global Optical Fiber Patch Cord Market, by Application
6.1. Market Snapshot
6.2. Global Optical Fiber Patch Cord Market by Application, Performance – Potential Analysis
6.3. Global Optical Fiber Patch Cord Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Optical Fiber Patch Cord Market, Sub Segment Analysis
6.4.1. Optical Data Network
6.4.2. Telecommunication
6.4.3. Military and Aerospace
6.4.4. Other
Chapter 7. Global Optical Fiber Patch Cord Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Optical Fiber Patch Cord Market, Regional Market Snapshot
7.4. North America Optical Fiber Patch Cord Market
7.4.1. U.S. Optical Fiber Patch Cord Market Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Optical Fiber Patch Cord Market
7.5. Europe Optical Fiber Patch Cord Market Snapshot
7.5.1. U.K. Optical Fiber Patch Cord Market
7.5.2. Germany Optical Fiber Patch Cord Market
7.5.3. France Optical Fiber Patch Cord Market
7.5.4. Spain Optical Fiber Patch Cord Market
7.5.5. Italy Optical Fiber Patch Cord Market
7.5.6. Rest of Europe Optical Fiber Patch Cord Market
7.6. Asia-Pacific Optical Fiber Patch Cord Market Snapshot
7.6.1. China Optical Fiber Patch Cord Market
7.6.2. India Optical Fiber Patch Cord Market
7.6.3. Japan Optical Fiber Patch Cord Market
7.6.4. Australia Optical Fiber Patch Cord Market
7.6.5. South Korea Optical Fiber Patch Cord Market
7.6.6. Rest of Asia Pacific Optical Fiber Patch Cord Market
7.7. Latin America Optical Fiber Patch Cord Market Snapshot
7.7.1. Brazil Optical Fiber Patch Cord Market
7.7.2. Mexico Optical Fiber Patch Cord Market
7.8. Middle East & Africa Optical Fiber Patch Cord Market
7.8.1. Saudi Arabia Optical Fiber Patch Cord Market
7.8.2. South Africa Optical Fiber Patch Cord Market
7.8.3. Rest of Middle East & Africa Optical Fiber Patch Cord Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. T&S Communication Co, Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. KINSOM Technology Ltd.
8.3.3. Shenzhen Opticking Technology Co. Ltd.
8.3.4. Sumitomo Electric Industries, Ltd.
8.3.5. Black Box Corporation
8.3.6. LongXing Telecom Ltd.
8.3.7. Amphenol Corporation
8.3.8. Megladon Manufacturing Group Ltd.
8.3.9. Phoenix Contact
8.3.10. Wirenet Technology Co., Ltd.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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