The Global Optical Fibers Market was valued at USD 10.36 Billion in 2023 and is projected to reach USD 15.76 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2024–2030). This robust growth is fueled by escalating global demand for high-speed internet, extensive 5G network deployments, and massive investments in fiber-to-the-home (FTTH) infrastructure worldwide.

As society becomes increasingly data-driven, the backbone of global communication relies on the high-speed, high-bandwidth capabilities of optical fibers. This technology is critical for everything from cloud computing and streaming services to smart cities and the Internet of Things (IoT). In this blog, we profile the Top 10 Companies in the Optical Fibers Industry—a group of manufacturing giants and technology innovators responsible for weaving the fabric of our connected future.

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🔟 1. Prysmian Group

Headquarters: Milan, Italy
Key Offering: Single-mode & Multi-mode Optical Fibers, Fiber Optic Cables, Turnkey Projects

Prysmian Group stands as the world’s largest cable manufacturer, with a formidable presence in the optical fiber sector. The company provides a comprehensive portfolio of optical cables for telecom, enterprise, and energy networks, serving customers in over 50 countries. Their R&D focuses on increasing fiber capacity and developing sustainable production processes.

Innovation and Market Leadership:

• Leader in submarine cable systems for intercontinental data transmission

• Development of BendBright® fibers for enhanced performance in FTTH applications

• Strategic acquisitions to expand global footprint and technological capabilities

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9️⃣ 2. Corning Incorporated

Headquarters: Corning, New York, USA
Key Offering: SMF-28® Ultra Fiber, Corning® SMF-28® Contour Fiber, Specialty Optical Fibers

Corning is a pioneer in the invention of low-loss optical fiber and remains a technology leader. The company’s innovations have consistently pushed the boundaries of data transmission capacity and distance. Corning’s fibers are the foundation for major long-haul, metro, access, and wireless networks globally.

Innovation and Market Leadership:

• Pioneer of the first low-loss optical fiber in 1970

• Continuous innovation in fiber design, including its flagship SMF-28® series

• Major supplier to telecom giants and hyperscale data center operators

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8️⃣ 3. Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC)

Headquarters: Wuhan, China
Key Offering: G.652.D, G.657.A1/A2 Fibers, Multi-mode Fibers, Preforms

YOFC is one of the world’s leading manufacturers of optical fiber preforms, fibers, and cables. With a significant market share, particularly in the Asia-Pacific region, YOFC is a key enabler of China’s massive fiber rollout and a major global exporter. The company invests heavily in R&D to advance fiber technology.

Innovation and Market Leadership:

• Vertically integrated manufacturing from preform to cable

• Strong focus on cost-effective production for mass-market deployments

• Expanding international presence through strategic partnerships

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7️⃣ 4. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: FutureGuide® Fibers, EZ-Bend® Fiber, Optical Fiber Cables

Furukawa Electric, through its brand OFS, is a global leader in optical fiber technology. The company is renowned for its innovative fiber designs that minimize signal loss and simplify installation. OFS provides solutions for a wide array of applications, from ultra-long-haul submarine systems to dense fiber deployments in buildings.

Innovation and Market Leadership:

• Innovator in bend-insensitive fiber technology (e.g., EZ-Bend®)

• Strong capabilities in specialty fibers for sensing, medical, and defense applications

• Global manufacturing and R&D footprint

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6️⃣ 5. Sumitomo Electric Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: PureAccess® Rollable Fiber, Optical Fiber Cables, Fusion Splicers

Sumitomo Electric is a diversified global player with a strong optical communications division. The company manufactures a wide range of optical fibers and cables, and is also a leading producer of fusion splicers and other critical installation tools, offering an integrated solution for network builders.

Innovation and Market Leadership:

• Development of high-density, rollable fiber cables for easier installation

• Leading provider of optical fiber cabling solutions for data centers

• Integration of fiber manufacturing with tooling and testing equipment

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5️⃣ 6. FiberHome Telecommunication Technologies Co., Ltd.

Headquarters: Wuhan, China
Key Offering: G.652.D Fiber, G.657.A Fiber, Optical Cables, FTTx Solutions

FiberHome is a major Chinese telecommunications equipment and solution provider with significant in-house optical fiber and cable manufacturing capabilities. The company is a key supplier for China’s national broadband projects and has a growing international market share, particularly in emerging economies.

Innovation and Market Leadership:

• Comprehensive portfolio covering fiber, cable, and full FTTx system solutions

• Strong government and telecom operator relationships in Asia and Africa

• Focus on cost-competitive products for large-scale network deployments

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4️⃣ 7. CommScope Holding Company, Inc.

Headquarters: Hickory, North Carolina, USA
Key Offering: Single-mode & Multi-mode Fiber, FTTH Drop Cables, Data Center Cabling

CommScope is a global infrastructure leader, providing the essential cabling and connectivity that underpin modern communication. While known for its coaxial and copper solutions, CommScope is a major force in fiber optics, offering a vast array of fiber cables for enterprise, access, and data center networks.

Innovation and Market Leadership:

• Extensive portfolio of fiber cabling solutions for enterprise and data centers

• Leading provider of fiber connectivity hardware and management systems

• Strategic acquisitions to bolster fiber and wireless infrastructure offerings

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3️⃣ 8. Sterlite Technologies Ltd. (STL)

Headquarters: Pune, India
Key Offering: Optical Fibers, Optical Cables, Network Design & Deployment

STL is a leading Indian global technology company that designs and integrates digital networks. It has a strong manufacturing base for optical fibers and cables and is a key player in executing large-scale network projects. STL focuses on creating sustainable, intelligent, and programmable networks.

Innovation and Market Leadership:

• Vertically integrated capabilities from fiber manufacturing to network integration

• Focus on R&D for next-gen fibers, including multicore and hollow-core fibers

• Strong presence in the rapidly growing Indian and European markets

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2️⃣ 9. Nexans S.A.

Headquarters: Paris, France
Key Offering: Terrestrial Optical Cables, Submarine Optical Cables, LAN Cabling

Nexans is a global player in the cable industry, with a significant portfolio in optical fiber solutions. The company is particularly strong in the submarine cable segment, connecting continents and islands with high-capacity fiber links. Nexans also provides optical solutions for building and campus networks.

Innovation and Market Leadership:

• Leader in the design and installation of submarine optical cable systems

• Focus on sustainability, developing low-carbon footprint cables

• Expertise in complex, turnkey projects for utilities and telecom operators

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1️⃣ 10. LS Cable & System

Headquarters: Anyang, South Korea
Key Offering: Optical Fiber Cables, Optical Ground Wire (OPGW), FTTH Cables

LS Cable & System is a major South Korean cable manufacturer with a growing global presence in the optical fiber market. The company produces a wide range of optical cables for telecommunications and power utilities, including specialized OPGW cables that integrate fibers into power transmission lines.

Innovation and Market Leadership:

• Specialization in Optical Ground Wire (OPGW) for utility communications

• Continuous investment in expanding optical fiber production capacity

• Strategic focus on high-growth markets in North America and Asia

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🌍 Outlook: The Future of Optical Fibers Is Smarter and More Connected

The optical fibers market is at the heart of the global digital transformation. While traditional single-mode fibers continue to dominate network backbones, the industry is innovating relentlessly to support the exponential growth in data traffic and the emergence of new technologies.

📈 Key Trends Shaping the Market:

• Accelerated FTTH/B deployments driven by government subsidies and remote work trends

• Dense fiberization for 5G networks, requiring fiber deep into the radio access network

• R&D into next-generation fibers like multicore and hollow-core to overcome capacity limits

• Increasing demand for specialized fibers for sensing applications in industrial and environmental monitoring

Get Full Report Here: Optical Fibers Market – View in Detailed Research Report

The companies listed above are not only manufacturing the physical threads that connect our world—they are driving the innovations that will define the next era of global communication, enabling a faster, more intelligent, and more inclusive digital future for all.