Fiber Optics Cable Market for Military and Aerospace Growth Analysis | 2023-2028

Market Insights

The fiber optics cable market for military and aerospace was estimated at USD 1.2 billion in 2022 and is likely to grow at a CAGR of 5.17% during 2023-2028 to reach USD 1.62 billion in 2028.

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What is a fiber optics cable?

Fiber optics cable is a medium for data transmission at high speed. It has tiny filaments of plastic or glass for carrying light beams. This data is converted into the binary which is then understood by the computer.

Fiber optics cable has its application in a number of ways such as in avionics, cabin interiors, flight management systems, in-flight entertainment, communication systems, radar systems, electronic warfare, and others. Commercial, Military, and Space are the end-use segments where fiber optics cable is used.

Key Players

Some of the major players in the market are-

• Amphenol
• Carlisle Companies
• Corning Inc.
• TE Connectivity
• Finisar
• Ofs Fitel
• Optical Cable Corporation
• Prysmian Group
• Rockwell Collins
• W.L. Gore & Associates

Market Dynamics

Development in the fiber optic cables market for military and aerospace can be credited to the rising commercial acceptance of fiber optics and their evolution in platforms, such as unmanned structures, satellites, and space launch vehicles.

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Segments' Analysis

By Application Type

Based on the application type, the market is segmented as cabin interiors, avionics, in-flight entertainment (IFE) systems, flight management systems, communication systems, radar systems, electronic warfare, and others. The communication systems segment led the market in 2022. This growth can be attributed to the mounting employment of fiber optic cables in unmanned systems and military aircraft for high-speed data communication.

By End-Use Type

Based on the end-use type, the market is segmented as commercial, military, and space. The military segment is estimated to lead the market in the coming five years, owing to the growing use of fiber optic cables for C4ISR applications for high-speed communication.

By Type

Based on the type, the market is segmented as single-mode and multi-mode. The single-mode segment is expected to register higher growth during the forecast period. The acceptance of single-mode fiber optic cables to link defense units, such as military weapon stations and command centres is estimated to lead to the growth of the market in the coming five years.

Regional Insights

In terms of regions, the North American region led the market in 2022. The US and Canada are the major growth engines of this region. The growing adoption of fiber optic cables for high-speed land connectivity and obtaining military and commercial aircraft is anticipated to drive the growth of the market in North America. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The market is segmented into the following categories.

By Application Type

• Avionics
• Cabin Interiors
• Flight Management Systems
• In-Flight Entertainment (IFE) Systems
• Communication Systems
• Radar Systems
• Electronic Warfare
• Others

By End-Use Type

• Commercial
• Military
• Space

By Type

• Single-Mode
• Multi-Mode

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by application type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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