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Yahoo
11-06-2025
- Business
- Yahoo
Optical Fiber and Plastic Conduit Market Report 2025: A $38.39 Billion Market by 2029 - Advanced Fiber Materials and 5G Integration to Boost Market Expansion
The optical fiber and plastic conduit market is set to grow from $23.38 billion in 2024 to $38.39 billion in 2029, driven by demand for high-speed internet, 5G, and smart city technologies. Key players like Prysmian Group and Legrand are advancing sustainable solutions and expanding markets, with Asia-Pacific leading growth. Optical Fiber and Plastic Conduit Market Dublin, June 11, 2025 (GLOBE NEWSWIRE) -- The "Optical Fiber and Plastic Conduit Market Report 2025" has been added to optical fiber and plastic conduit market has experienced significant growth, projected to expand from $23.38 billion in 2024 to $25.86 billion in 2025, at a CAGR of 10.6%. This growth is driven by rising demand for renewable energy systems, high-speed data transmission, and cloud computing, alongside increasing fiber-to-the-home (FTTH) connectivity. By 2029, the market is expected to reach $38.39 billion, growing at a CAGR of 10.4%. This future expansion is fueled by escalating high-speed internet demand, cost-effective solutions, and the development of high-capacity networks, alongside the increasing integration of advanced fiber materials, 5G, IoT, and smart building technologies. High-speed internet and data services, crucial for seamless digital activities, play a pivotal role in the market's growth. As more users require reliable connections for video streaming and virtual meetings, optical fibers offer fast data transmission, safeguarded by plastic conduits. For instance, Uswitch reported a rise in the UK's median internet speed to 73.21 Mbps in August 2024, highlighting the growing demand for high-speed connectivity. Companies like Prysmian Group are innovating with sustainable fiber optic solutions, enhancing efficiency and eco-friendliness. Prysmian's Ecoslim system, introduced in May 2023, utilizes eco-friendly materials and processes, featuring up to 90% recycled plastic, a reduced diameter, and supports 5G, data centers, and smart cities with a minimized environmental impact. Similarly, Legrand S.A.'s acquisition of Australian Plastic Profiles in February 2025 aims to bolster expertise in plastic conduit and cable management, expanding its market reach in the Australia and New Zealand regions. Leading market players include Shin-Etsu Chemical Co. Ltd., Prysmian Group, ZTT Group, Southwire Company LLC, and others, which are continuously innovating to address the growing demand for advanced, sustainable networking solutions. Geographically, North America was the largest market in 2024, while Asia-Pacific is poised to be the fastest-growing region. The market covers regions such as Asia-Pacific, Western and Eastern Europe, North and South America, and the Middle East and Africa, with key countries including the USA, China, India, and Germany. The market comprises sales of optical connectors, PVC tubing, pipe fittings, cabinets, and panels. These sales represent the value of goods sold by manufacturers to various entities or directly to consumers. Market revenues are captured in USD, reflecting total sales within specified geographies, without including resales or indirect revenues through the supply chain. The latest market research report delivers detailed insights into global market size, regional shares, competitor analysis, market segmentation, and key trends, providing a comprehensive perspective on the future of the optical fiber and plastic conduit industry. Market Overview: This report offers an in-depth analysis of the largest and fastest-growing segments within the optical fiber and plastic conduit markets, exploring their relationship with the broader economy and demographic changes. Key forces influencing future market trajectories are examined, with insights into related markets provided. The report covers key market characteristics, providing insights into market size, segmentation, and growth patterns. Regional and country breakdowns offer a detailed view of market performance, highlighting the impact of significant factors such as global conflicts and inflation. The competitive landscape is analyzed, offering insights into leading companies and influential financial deals. Product Types: Optical Fiber Conduit, Plastic Conduit Materials: Polyethylene (PE), Polyvinyl Chloride (PVC), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Fiber Reinforced Plastic (FRP) Connectivity: Fiber-To-The-Home (FTTH), Fiber-To-The-Business (FTTB) Diameter: Small (Less Than 50 mm), Medium (50-100 mm), Large (Over 100 mm) Industry Verticals: Telecom and IT, Public Sector, Healthcare, Energy and Utilities, Aerospace and Defense, Manufacturing Competitive Edge: Prominent companies profiled include: Shin-Etsu Chemical Co. Ltd. AFL Global (America Fujikura Ltd.) Prysmian Group S.p.A. ZTT Group (Jiangsu Zhongtian Technology Co. Ltd.) Southwire Company LLC Nexans S.A. Furukawa Electric Co. Ltd. Fujikura Ltd. LS Cable & System Ltd. IPEX Group of Companies Yangtze Optical Fibre and Cable Joint Stock Limited Company Atkore International Group Inc. Sterlite Technologies Limited JM Eagle Inc. Westlake Pipe & Fittings (a division of Westlake Corporation) Sumitomo Electric Industries Ltd. General Cable Technologies Corporation Draka Holding N.V. Corning Incorporated Pioneer Electricals These key players are analyzed for their market influence, providing a blueprint for understanding competitive advantage within the market space. Key Attributes: Report Attribute Details No. of Pages 175 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $25.86 Billion Forecasted Market Value (USD) by 2029 $38.39 Billion Compound Annual Growth Rate 10.4% Regions Covered Global Key Topics Covered: Optical Fiber and Plastic Conduit Market CharacteristicsOptical Fiber and Plastic Conduit Market Trends and StrategiesOptical Fiber and Plastic Conduit Market - Macro Economic Scenario Global Optical Fiber and Plastic Conduit Growth Analysis and Strategic Analysis Framework Global Optical Fiber and Plastic Conduit PESTEL Analysis Analysis of End Use Industries Global Optical Fiber and Plastic Conduit Market Growth Rate Analysis Global Optical Fiber and Plastic Conduit Historic Market Size and Growth, 2019-2024, Value ($ Billion) Global Optical Fiber and Plastic Conduit Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion) Global Optical Fiber and Plastic Conduit Total Addressable Market (TAM) Optical Fiber and Plastic Conduit Market Segmentation Global Optical Fiber and Plastic Conduit Market, Segmentation by Product Type Global Optical Fiber and Plastic Conduit Market, Segmentation by Material Global Optical Fiber and Plastic Conduit Market, Segmentation by Connectivity Global Optical Fiber and Plastic Conduit Market, Segmentation by Diameter Global Optical Fiber and Plastic Conduit Market, Segmentation by Industry Vertical Global Optical Fiber and Plastic Conduit Market, Sub-Segmentation of Optical Fiber Conduit, by Type Global Optical Fiber and Plastic Conduit Market, Sub-Segmentation of Plastic Conduit, by Type Optical Fiber and Plastic Conduit Market Regional and Country Analysis Global Optical Fiber and Plastic Conduit Market, Split by Region Global Optical Fiber and Plastic Conduit Market, Split by Country Regional Optical Fiber and Plastic Conduit Market Analysis Optical Fiber and Plastic Conduit Market Competitive Landscape and Company Profiles Optical Fiber and Plastic Conduit Market Competitive Landscape Optical Fiber and Plastic Conduit Market Company Profiles Optical Fiber and Plastic Conduit Market Other Major and Innovative CompaniesGlobal Optical Fiber and Plastic Conduit Market Competitive Benchmarking and DashboardKey Mergers and Acquisitions in the Optical Fiber and Plastic Conduit MarketRecent Developments in the Optical Fiber and Plastic Conduit MarketOptical Fiber and Plastic Conduit Market High Potential Countries, Segments and Strategies Optical Fiber and Plastic Conduit Market in 2029 - Countries Offering Most New Opportunities Optical Fiber and Plastic Conduit Market in 2029 - Segments Offering Most New Opportunities Optical Fiber and Plastic Conduit Market in 2029 - Growth Strategies For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Optical Fiber and Plastic Conduit Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Times of Oman
12-05-2025
- Business
- Times of Oman
Oman Cables Industry Unites Customers and Stakeholders for a Sustainable Tomorrow at Royal Opera House Muscat Conference
Muscat: Oman Cables Industry (OCI) hosted a landmark conference 'Side by Side, United for a Sustainable Future,' at The Royal Opera House Muscat, bringing together industry leaders, partners and stakeholders to showcase cutting-edge innovations in cable solutions, emphasizing sustainability, safety and energy efficiency. With over 40 years of legacy as a globally growing Omani company, combined with over 100 years of legacy of Prysmian Group 'Our Strategic Partner', OCI reinforced its commitment to advancing Oman's economic diversification and sustainable development goals. The conference featured insights from top executives, including the CEO of Oman Cables, who gave a strategic outlook on the ambitions of the Company contributing towards Oman Vision 2040, Innovations and Technologies, Products and Solutions, and OCI's role in shaping a greener future. Guest speaker included Imad Khamis al Shukaili, Director General of Standards and Metrology Ministry of Commerce, Industry and Investment Promotion. CEO of Oman Cables, Erkan Aydogdu, said: 'As we celebrate 40+ years of excellence, we remain committed in driving innovation to support Oman Vision 2040. Our continuous focus and investments in sustainable and innovative technologies reflect our pledge to a smarter, safer future, both locally and globally. From Prysmian E-Path and solar renewable solutions to digital advancements like Omhero and Alesea, our portfolio is engineered to empower all projects in Oman and the region including renewables projects and LEED certified projects in Oman. 'Sustainability, innovation, quality, safety, and efficiency are at the heart of every solution we deliver.' The conference highlighted dynamic strategic discussions on the future of renewable energy, the critical role of fire-resistant cables like OCI FLAMX, and the transformative potential of smart digital solutions in building resilient infrastructure. Attendees experienced interactive showcases of OCI's state-of-the-art innovations, including advanced MV accessories and cutting-edge energy-efficient systems designed to meet tomorrow's challenges. Contributing to Oman Vision 2040, OCI's initiatives reaffirm its leadership in delivering safe, efficient, and sustainable cable solutions, powering the nation's infrastructure, energy transition and smart cities of the future.
Zawya
12-05-2025
- Business
- Zawya
Oman Cables Industry unites customers and stakeholders for a sustainable tomorrow
Muscat, Oman: Oman Cables Industry (OCI) hosted a landmark conference 'Side by Side, United for a Sustainable Future,' at The Royal Opera House Muscat, bringing together industry leaders, partners and stakeholders to showcase cutting-edge innovations in cable solutions, emphasizing sustainability, safety and energy efficiency. With over 40 years of legacy as a globally growing Omani company, combined with over 100 years of legacy of Prysmian Group 'Our Strategic Partner', OCI reinforced its commitment to advancing Oman's economic diversification and sustainable development goals. The conference featured insights from top executives, including the CEO of Oman Cables, who gave a strategic outlook on the ambitions of the Company contributing towards Oman Vision 2040, Innovations and Technologies, Products and Solutions, and OCI's role in shaping a greener future. Guest speaker included Imad Khamis al Shukaili, Director General of Standards and Metrology Ministry of Commerce, Industry and Investment Promotion. CEO of Oman Cables, Erkan Aydogdu, said: 'As we celebrate 40+ years of excellence, we remain committed in driving innovation to support Oman Vision 2040. Our continuous focus and investments in sustainable and innovative technologies reflect our pledge to a smarter, safer future, both locally and globally. From Prysmian E-Path and solar renewable solutions to digital advancements like Omhero and Alesea, our portfolio is engineered to empower all projects in Oman and the region including renewables projects and LEED certified projects in Oman. 'Sustainability, innovation, quality, safety, and efficiency are at the heart of every solution we deliver.' The conference highlighted dynamic strategic discussions on the future of renewable energy, the critical role of fire-resistant cables like OCI FLAMX, and the transformative potential of smart digital solutions in building resilient infrastructure. Attendees experienced interactive showcases of OCI's state-of-the-art innovations, including advanced MV accessories and cutting-edge energy-efficient systems designed to meet tomorrow's challenges. Contributing to Oman Vision 2040, OCI's initiatives reaffirm its leadership in delivering safe, efficient, and sustainable cable solutions, powering the nation's infrastructure, energy transition and smart cities of the future. ABOUT OMAN CABLES INDUSTRY (SAOG) Oman Cables Industry (SAOG), a public joint stock company listed on Muscat Stock Exchange (MSX), is a leading cable manufacturer based in the Sultanate of Oman that develops, manufactures, and markets a wide range of electrical products, which include medium voltage power cables, low voltage power & control cables, instrumentation cables, pilot cables, overhead power transmission line conductors and building wires. In addition, Oman Cables Industry provides cables with unique specifications – for various applications and environmental conditions, or as per customer requirements. Part of the Prysmian Group - A truly global worldwide group leader in the cable industry - Oman Cables Industry ranks within the Top Global Wire and Cable Producers. Originally established in 1984, Oman Cables Industry now has offices located in Oman, UAE, Qatar, Bahrain and KSA. The company also enjoys an extensive network of distributors and agents throughout the Middle East, Africa, Turkey & India (MEAT) region. Media Relations marketing@ Investor Relations Jad Atallah
Yahoo
25-04-2025
- Business
- Yahoo
Chart: Trump is killing the country's clean-energy manufacturing momentum
See more from Canary Media's "Chart of the week' column. President Donald Trump's attacks on federal climate policy and his supply-chain-scrambling tariffs are taking a toll on the clean-energy manufacturing boom. In the first three months of this year, firms have already abandoned plans to build nearly $8 billion worth of clean energy projects — mostly factories that would have produced everything from grid batteries to electric vehicles, per new data from E2. It's a dramatic reversal from the Biden era: Between 2022 and 2024, a total of just $2.1 billion in investment was canceled. The Inflation Reduction Act, signed by former President Joe Biden in August 2022, unleashed a torrent of new clean energy projects. The manufacturing sector has seen a particularly notable uptick since the law went into effect. Construction spending on manufacturing began to soar. Well over $100 billion worth of EV assembly facilities, solar-panel factories, battery recycling plants, and more have been announced since the passage of the law, which created tax incentives as well as grant and loan programs for domestic clean-energy manufacturing. In total, those projects are expected to create over 109,000 permanent jobs nationwide; the U.S. currently has around 12.8 million workers in the manufacturing sector. But now, under President Trump, the trend has started to go in reverse. Construction spending on factories has plateaued. Firms are pausing and scaling down investment plans. Others are outright canceling projects due to Trump's policies: Take Prysmian Group, for example, which earlier this year scrapped its plan to build a $300 million offshore wind cable manufacturing facility at the site of a retired coal plant in Somerset, Massachusetts. For the first time since E2 began tracking the data in 2022, canceled investments in cleantech manufacturing outweigh new investments, and it's not particularly close. There are still some new investments happening: $1.7 billion worth in March alone, per E2, including a $200 million Tesla grid-battery factory in Texas. Plus, the vast majority of announced projects have yet to be canceled, paused, or downsized. But the going is not guaranteed to get any easier. Trump's tariffs are causing pain across the U.S. manufacturing sector in general. In an early April survey conducted by the Philadelphia Fed, manufacturers expected new orders to fall sharply over the next six months. And if congressional Republicans decide to rescind the Inflation Reduction Act's manufacturing incentives, a move that's on the table, the situation could grow even more dire.
