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Fibre Optic Cable Manufacturing in Europe - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

ISIC 2731 June 2024 Spotlight Report

Revenue

€3.1bn

2019-2024 1.8 %
2024-2029 X.X %

Employees

14,432

2019-2024 0.5 %
2024-2029 X.X %

Businesses

472

2019-2024 9.7 %
2024-2029 X.X %

Profit

€XXX.Xm

2019-2024 X.X %

Profit Margin

X.X%

2019-2024 X.X pp

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Fibre Optic Cable Manufacturing in Europe industry analysis

The demand for high-speed internet in Europe is rising due to the increase in data-intensive services, like streaming platforms. Telecommunications companies have invested heavily in fibre optic technology to upgrade their infrastructures. Fibre optic cables are essential for expanding the 5G network as they connect numerous small base stations and enable the required data transfer rates. Over the five years through 2024, the industry's revenue is expected to contract at an annual rate of 1.8% to €3.1 billion. Although Europe's fibre optic cable industry is fairly small, it is becoming increasingly important for the continent's digital transformation. In addition to internet use, these cables are used in the automotive industry, sensor technology and robotics. The industry’s revenue is expected to decrease by 0.6% in 2024.

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Industry Statistics and Trends

Fibre Optic Cable Manufacturing in Europe key trends

Fibre optic expansion is necessary for fast internet and digitalisation.

 

Telecommunications companies are expanding their fibre optic networks to provide fast internet and 5G connections. This technology also contributes to the success of various European industries.

European countries are expanding their fibre optic infrastructure at different speeds.

 

Spain, Sweden and Portugal are among the countries that have made considerable progress in expanding their fibre optic infrastructure, while Germany is lagging behind.

There is low demand and high costs in Western Europe.

 

The production of fibre optic cables in Western Europe is considered unattractive due to low demand and high wages. Global companies prefer production in regions where labour costs are low and demand is growing.

Government programmes support the expansion of fibre optic networks.

 

European governments grant funding for the expansion of fibre optic networks. They also pass laws to facilitate the expansion of the infrastructure.

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Fibre Optic Cable Manufacturing in Europe

Industry Revenue

Total value and annual change from 2011-2029. Includes 5-year outlook.

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Fibre Optic Cable Manufacturing in Europe market size (2019-2024)

Industry revenue has declined at a CAGR of 1.8 % over the past five years, to reach an estimated €3.1bn in 2024.

Trends and Insights

Telecommunications companies need fibre optic cables to modernise their infrastructures

  • Consumer demand for fast internet connections in Europe and worldwide has been increasing for many years. The reason for this is the increasing use of data-intensive applications, such as streaming services like Netflix, which require high data transfer rates. Telecommunications companies have invested heavily in expanding their fibre optic infrastructure in recent years.

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Fibre Optic Cable Manufacturing in Europe outlook (2024-2029)

Market size is projected to grow over the next five years.

Companies have little incentive to manufacture fibre optic cables in Western Europe

  • The low overall sales volume offers too few incentives for new players to enter the market. Subsidiaries of international corporations currently dominate the industry. Most fibre optic cable manufacturers interested in entering the European market have already done so.

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Revenue

€3.1bn

2019-2024 1.8 %
2024-2029 X.X %

Employees

14,432

2019-2024 0.5 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

European Leaders & Laggards

Europe Job Growth CAGR: 0.5 % *
  • Job Growth

Top 5 Countries

  1. France +47.4%
  2. Iceland +14.9%
  3. Latvia +10.9%
  4. Finland +5.6%
  5. Norway +5.1%

Bottom 5 Countries

  1. Portugal -8.8%
  2. Sweden -8.6%
  3. Ireland-8.3%
  4. Russia -7.9%
  5. Czechia -7.2%

* CAGR values are for the years 2019-2024.

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Biggest companies in the Fibre Optic Cable Manufacturing in Europe

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
Prysmian SpA
15,175.0
723.0
4.8
Nexans SA
8,002.0
345.0
4.3
Huber+Suhner AG
476.0
32.0
6.7

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Fibre Optic Cable Manufacturing in Europe

Products & Services Segmentation

Industry revenue broken down by key product and services lines.

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Top Questions Answered in this Report

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What is the market size of the Fibre Optic Cable Manufacturing industry in Europe in 2024?

The market size of the Fibre Optic Cable Manufacturing industry in Europe is €3.1bn in 2024. 

How many businesses are there in the Fibre Optic Cable Manufacturing in Europe industry in 2024?

There are 472 businesses in the Fibre Optic Cable Manufacturing industry in Europe, which has grown at a CAGR of 9.7 % between 2019 and 2024.

Has the Fibre Optic Cable Manufacturing industry in Europe grown or declined over the past 5 years?

The market size of the Fibre Optic Cable Manufacturing industry in Europe has been declining at a CAGR of 9.7 % between 2019 and 2024. 

What is the forecast growth of the Fibre Optic Cable Manufacturing industry in Europe over the next 5 years?

Over the next five years, the Fibre Optic Cable Manufacturing industry in Europe is expected to decline.

What are the biggest companies in the Fibre Optic Cable Manufacturing market in Europe?

The biggest companies operating in the Fibre Optic Cable Manufacturing market in Europe are Prysmian SpA, Nexans SA and Huber+Suhner AG

What does the Fibre Optic Cable Manufacturing in Europe include?

Manufacture of single-mode optical cables and Manufacture of multi-mode optical cables are part of the Fibre Optic Cable Manufacturing industry.

Which companies have the highest market share in the Fibre Optic Cable Manufacturing in Europe?

The company holding the most market share in Europe is Prysmian SpA.

Which countries have the most businesses in the Fibre Optic Cable Manufacturing industry in Europe?

The European country with the most businesses in the Fibre Optic Cable Manufacturing industry is France.

How competitive is the Fibre Optic Cable Manufacturing industry in Europe?

The level of competition is high and steady in the Fibre Optic Cable Manufacturing industry in Europe.

Related Industries

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Table of Contents

About this industry

Industry definition

This industry manufactures fibre-optic cables that are used to transmit data, images and sound. They consist of a core of thin glass fibres, which transmit optical signals in the form of light, and a plastic sheath.

Related Terms

BandwidthDispersionBroadband5GVectoring

What's included in this industry?

Manufacture of single-mode optical cablesManufacture of multi-mode optical cables

Companies

Prysmian SpANexans SAHuber+Suhner AG

Industry Code

ISIC 2006

2731 - Manufacture of fibre optic cables in Europe

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Performance

Key Takeaways

Telecommunications companies need fibre optic cables to modernise their infrastructures

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Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue in the Fibre Optic Cable Manufacturing in Europe industry (2011 -2029)
  • Employees in the Fibre Optic Cable Manufacturing in Europe industry (2011 -2029)
  • Business in the Fibre Optic Cable Manufacturing in Europe industry (2011 -2029)
  • Profit in the Fibre Optic Cable Manufacturing in Europe industry (2011 -2029)
Analysis

What's driving current industry performance in the Fibre Optic Cable Manufacturing in Europe industry?


Outlook

Analysis

What's driving the Fibre Optic Cable Manufacturing in Europe industry outlook?


Volatility

Analysis

What influences volatility in the Fibre Optic Cable Manufacturing in Europe industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Fibre Optic Cable Manufacturing in Europe industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Single-mode cables offer higher bandwidths but are difficult to install. Single-mode cables are preferred for telecommunications and high-speed data applications despite being more challenging to install than multi-mode cables.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Fibre Optic Cable Manufacturing in Europe industry's products and services performing?

Analysis

What are innovations in the Fibre Optic Cable Manufacturing in Europe industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Fibre Optic Cable Manufacturing in Europe industry?


International Trade

Highlights

  • Largest Importer
  • Smallest Importer
  • Total Imports into Europe
  • Largest Exporter
  • Smallest Exporter
  • Total Exports into Europe
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Revenue by Region (2024)
  • Share of Total Industry Enterprises by Region (2024)
  • Share of Total Industry Employment by Region (2024)
  • Share of Total Industry Wages by Region (2024)

Industry Geographic Breakdown

Data Tables

Values and annual change provided for 37 European countries:

  • Revenue (2024)
  • IVA (2024)
  • Enterprises (2024)
  • Employment (2024)
  • Exports (2024)
  • Imports (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Established manufacturers dominate the market. Large manufacturers dominate the various product segments of the market and have long-term contracts with major customers. Smaller manufacturers are struggling to keep up with the low prices offered by these companies.

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Supply Chain

Charts

Buyer and supply industries

Companies

Market Share

Charts
  • Industry Market Share by Company (2019-2024)

Companies

Data Tables

Top 10 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit Margin (2024)

Data Tables
  • Countries of operation for Prysmian SpA
  • Countries of operation for Nexans SA
  • Countries of operation for Huber+Suhner AG
  • Countries of operation for Leoni AG
  • Countries of operation for Commscope Connectivity UK Ltd
  • Countries of operation for Tratos Cavi SpA
  • Countries of operation for HES Kablo AS
  • Countries of operation for Corning Inc
  • Countries of operation for OFS Fitel Denmark ApS
  • Countries of operation for Fujikura Ltd

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

European manufacturers of fibre optic cables must comply with EU regulations. Manufacturers must comply with the Construction Products Regulation, which includes safety standards for fire resistance; REACH for the use of chemicals; and RoHS for the restriction of hazardous substances.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Fibre Optic Cable Manufacturing in Europe industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Manufacturers' profit is declining. Fibre optic cable manufacturers' profitability varies greatly depending on company size, production type, market focus and supply negotiations. Since 2019, increased global competition and regulatory compliance costs have led to an industry-wide decline in profit.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Fibre Optic Cable Manufacturing in Europe industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.