The Europe Optical Waveguide Market would witness market growth of 6.7% CAGR during the forecast period (2023-2029).
The market for optical waveguides is being driven by high-end investments in the telecommunications sector as well as an increase in demand for IoT devices, better internet connectivity, and a rise in the number of subscribers. Other factors supporting the market's growth include the need for high bandwidth, the generation of bulk data by the abundance of data centers developed, and the rise in internet traffic data congestion.
The development of video technology and the growing demand for broader bandwidth and higher-quality video streaming are propelling the market for waveguide optical goods. In addition, the optical waveguide market is expanding due to increased demand for home and communication equipment due to rising living standards. The deployment of LTE-Advanced technology and the rollout of 5G technology will continue to advance the market's growth.
The size-viewing angle paradox of AR devices is resolved by AR Optical Waveguide, which also significantly reduces lens thickness. While maintaining good performance characteristics such as a wide field of view, high resolution, high light transmittance, and a broad eye movement range, the AR optical waveguide can be compacted to less than 3mm thick.
The United Kingdom is home to many headquarters and subsidiaries of multinational corporations, including some of the United States' most prominent medical technology firms. In addition, the region's demand for wearable skin adhesives, such as monitoring devices, health analytical devices, and clinical efficiency tools, is expanding. As a result of the increasing demand for wearable devices and the healthcare industry's favorable attitude toward adopting the most recent technologies, the demand for the miniaturization of electronic devices will grow. This will potentially boost the growth prospects for the regional optical waveguide market.
The Germany market dominated the Europe Optical Waveguide Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $614.1 million by 2029. The UK market is anticipated to grow at a CAGR of 5.8% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 7.5% during (2023 - 2029).
Based on Type, the market is segmented into Channel Waveguide and Planar Waveguide. Based on Interconnect Level, the market is segmented into Board-to-board & Rack-level Optical Interconnect, Chip- & Board-level Optical Interconnect and Metro & Long-haul Optical Interconnect. Based on Material, the market is segmented into Glass, Polymer and Semiconductor. Based on Propagation, the market is segmented into Single-mode and Multi-mode. Based on Industry, the market is segmented into Telecommunication, Data Center & High-Performance Computing (HPC), Industrial & Metrology, Medical, Aerospace & Defense, Consumer Electronics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Optical Waveguide Market is Projected to reach USD 9.9 Billion by 2029, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Corning Incorporated, Sumitomo Electric Industries, Ltd., Yangtze Optical Fibre and Cable Joint Stock Limited Company, Fujikura Ltd., Prysmian Group, Furukawa Electric Co., Ltd., CommScope Holding Company, Inc., Sterlite Technologies Limited, Coherent Corp. and DigiLens Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Channel Waveguide
- Planar Waveguide
By Interconnect Level
- Board-to-board & Rack-level Optical Interconnect
- Chip- & Board-level Optical Interconnect
- Metro & Long-haul Optical Interconnect
By Material
- Glass
- Polymer
- Semiconductor
By Propagation
By Industry
- Telecommunication
- Data Center & High-Performance Computing (HPC)
- Industrial & Metrology
- Medical
- Aerospace & Defense
- Consumer Electronics
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Corning Incorporated
- Sumitomo Electric Industries, Ltd.
- Yangtze Optical Fibre and Cable Joint Stock Limited Company
- Fujikura Ltd.
- Prysmian Group
- Furukawa Electric Co., Ltd.
- CommScope Holding Company, Inc.
- Sterlite Technologies Limited
- Coherent Corp.
- DigiLens Inc.
TABLE 1 Europe Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 2 Europe Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 3 Europe Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 4 Europe Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 5 Europe Channel Waveguide Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Channel Waveguide Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Planar Waveguide Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Planar Waveguide Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 10 Europe Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 11 Europe Board-to-board & Rack-level Optical Interconnect Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Board-to-board & Rack-level Optical Interconnect Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Chip- & Board-level Optical Interconnect Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Chip- & Board-level Optical Interconnect Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Metro & Long-haul Optical Interconnect Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Metro & Long-haul Optical Interconnect Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 18 Europe Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 19 Europe Glass Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Glass Market by Country, 2023 - 2029, USD Million
TABLE 21 Europe Polymer Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Polymer Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Semiconductor Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Semiconductor Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 26 Europe Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 27 Europe Single-mode Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Single-mode Market by Country, 2023 - 2029, USD Million
TABLE 29 Europe Multi-mode Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Multi-mode Market by Country, 2023 - 2029, USD Million
TABLE 31 Europe Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 32 Europe Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 33 Europe Telecommunication Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Telecommunication Market by Country, 2023 - 2029, USD Million
TABLE 35 Europe Data Center & High-Performance Computing (HPC) Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Data Center & High-Performance Computing (HPC) Market by Country, 2023 - 2029, USD Million
TABLE 37 Europe Industrial & Metrology Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Industrial & Metrology Market by Country, 2023 - 2029, USD Million
TABLE 39 Europe Medical Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Medical Market by Country, 2023 - 2029, USD Million
TABLE 41 Europe Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Aerospace & Defense Market by Country, 2023 - 2029, USD Million
TABLE 43 Europe Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 45 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 47 Europe Optical Waveguide Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe Optical Waveguide Market by Country, 2023 - 2029, USD Million
TABLE 49 Germany Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 50 Germany Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 51 Germany Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 52 Germany Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 53 Germany Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 54 Germany Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 55 Germany Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 56 Germany Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 57 Germany Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 58 Germany Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 59 Germany Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 60 Germany Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 61 UK Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 62 UK Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 63 UK Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 64 UK Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 65 UK Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 66 UK Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 67 UK Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 68 UK Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 69 UK Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 70 UK Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 71 UK Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 72 UK Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 73 France Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 74 France Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 75 France Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 76 France Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 77 France Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 78 France Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 79 France Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 80 France Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 81 France Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 82 France Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 83 France Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 84 France Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 85 Russia Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 86 Russia Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 87 Russia Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 88 Russia Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 89 Russia Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 90 Russia Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 91 Russia Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 92 Russia Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 93 Russia Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 94 Russia Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 95 Russia Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 96 Russia Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 97 Spain Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 98 Spain Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 99 Spain Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 100 Spain Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 101 Spain Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 102 Spain Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 103 Spain Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 104 Spain Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 105 Spain Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 106 Spain Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 107 Spain Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 108 Spain Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 109 Italy Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 110 Italy Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 111 Italy Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 112 Italy Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 113 Italy Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 114 Italy Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 115 Italy Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 116 Italy Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 117 Italy Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 118 Italy Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 119 Italy Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 120 Italy Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 121 Rest of Europe Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 122 Rest of Europe Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 123 Rest of Europe Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 124 Rest of Europe Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 125 Rest of Europe Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 127 Rest of Europe Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 128 Rest of Europe Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 129 Rest of Europe Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 130 Rest of Europe Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 131 Rest of Europe Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 132 Rest of Europe Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 133 Key Information – Corning Incorporated
TABLE 134 Key information – Sumitomo Electric Industries, Ltd.
TABLE 135 Key Information – Yangtze Optical Fibre and Cable Joint Stock Limited Company
TABLE 136 Key Information – Fujikura Ltd.
TABLE 137 Key Information – Prysmian Group
TABLE 138 Key Information –Furukawa Electric Co., Ltd.
TABLE 139 Key Information – CommScope Holding Company, Inc.
TABLE 140 Key Information – Sterlite Technologies Limited
TABLE 141 Key Information – Coherent Corp.
TABLE 142 Key Information – DigiLens Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Sterlite Technologies Limited