Nov 7, 2019   SOURCE: BusinessWire

Indian Optical Fiber Cables Market Analysis & Forecast 2014-2024 - Rising Investments in OFC Network Infrastructure by the Indian Government to Increase Internet Penetration - ResearchAndMarkets.com

The "India Optical Fiber Cables Market By Type (Single-Mode Vs. Multi-Mode), By Material (Glass Vs. Plastic), By End User (IT & Telecom, Government, MSO (Triple Play), Healthcare, Defense & Others), Competition Forecast & Opportunities, 2014 - 2024" report has been added to ResearchAndMarkets.com's offering.

The Indian optical fiber cables (OFC) market stood at $881.5 million in 2019 and is projected to grow at a CAGR of 19.7% to reach $2.1 billion by 2024.

Growth in the market is led by rising investments in OFC network infrastructure by the Indian government to increase internet penetration across the country, which is in line with government initiatives such as Smart Cities Vision and Digital India. Moreover, the growing demand for OFC from IT & telecom sector, rising number of mobile devices, increasing adoption of FTTH (Fiber to the Home) connectivity and surging number of data centres is further anticipated to fuel optical fibre cables market in India over the coming years.

Regionally, the Indian optical fibre cables market is gaining traction and expanding to various regions in the country. In 2018, the West was at the forefront of India optical fibre cables market, however the south region is anticipated to grow at the highest CAGR during the forecast period on account of the presence of major IT players and a growing number of small and medium enterprises (SMEs) in the region.

Major players operating in the Indian optical fibre cables market include: 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, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

  • Historical Years: 2014-2018
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Period: 2021-2024

The objective of the study:

  • To analyze and forecast the size of the Indian OFC market.
  • To define, classify and forecast the Indian OFC market on the basis of type, material, end-user, and region.
  • To assess the detailed market segmentation and forecast the market size, by segmenting the Indian OFC market into regions, namely - West, South, North and East.
  • To identify the tailwinds and headwinds for the Indian OFC market.
  • To evaluate and forecast the size for the Indian OFC market with respect to end-users, including IT & Telecom, Government, MSO, etc.
  • To strategically profile leading players operating in the Indian OFC market.

Key Topics Covered

1. Product Overview: Optical Fiber Cables

2. Research Methodology

3. Analyst View

4. Global Optical Fiber Cables Market Overview

5. India Optical Fiber Cables Market Landscape

6. India Optical Fiber Cables Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2. Market Share & Forecast

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

6.2.2. By Material (Glass, Plastic)

6.2.3. By End User (IT & Telecom, Government, MSO (Triple Play), Defence, Healthcare, Others)

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

6.2.5. By Company

7. India Optical Fiber Cables Market Product Map

7.1. By Type (Single-Mode Vs Multi-Mode)

7.2. By Material (Glass, Plastic)

7.3. By End User (IT & Telecom, Government, MSO (Triple Play), Defence, Healthcare, Others)

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

8. India Single-Mode Optical Fiber Cables Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

8.2. Market Share & Forecast

8.2.1. By Type (Step-Index)

8.2.2. Pricing Analysis

8.2.3. By Material (Glass, Plastic)

8.2.4. By End User (IT & Telecom, Government, MSO (Triple Play), Defence, Healthcare, Others)

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

9. India Multi-Mode Optical Fiber Cables Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.1.2. By Volume

9.2. Market Share & Forecast

9.2.1. By Type (Step-Index, Graded-Index)

9.2.2. Pricing Analysis

9.2.3. By Material (Glass, Plastic)

9.2.4. By End User (IT & Telecom, Government, MSO (Triple Play), Defence, Healthcare, Others)

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

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Supply Chain Analysis

13. Import-Export Analysis

14. Policy & Regulatory Landscape

15. India Economic Profile

16. Competitive Landscape

16.1. Sterlite Technologies Limited

16.2. Himachal Futuristic Communications Ltd.

16.3. Aksh OptiFibre Limited

16.4. Finolex Cables Limited

16.5. Birla Cables Limited

16.6. Vindhya Telelinks Limited

16.7. Paramount Communications Limited

16.8. UM Cables Limited

16.9. Uniflex Cables Limited

16.10. West Coast Optilinks

17. Strategic Recommendations

18. Voice of Distributor

18.1. Distributor By Type

18.2. Distributor By Material

18.3. Distributor By End User

18.4. Distributor By Region

18.5. Challenges Faced by Distributors

18.6. Expectations of Distributors

18.7. Challenges Faced by End Users

19. Annexure

For more information about this report visit https://www.researchandmarkets.com/r/8ew4lj