As per the report published by Allied Market Research, the global FTTx pipes market accounted for $1.43 billion in 2018, and is anticipated to garner $3.06 billion by 2026, growing at a CAGR of 9.9% from 2019 to 2026.
Rise in demand in developing countries and growth of the telecommunication sectors in developing regions drive the growth of the global FTTx pipes market. On the contrary, volatile oil prices hinder the market growth. However, the integration in power & energy infrastructure would open new opportunities in the coming future.
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The global FTTx pipes market is segmented on the basis of material type, product type, industrial vertical, application area, and geography. Based on material type, the market is divided into HDPE, MDPE, and PVC. The HDPE segment is anticipated to manifest the highest CAGR of 10.1% during the forecast period. Moreover, the segment dominated in 2018, accounting for more than 90% of the total revenue.
On the basis of product type, the market is categorized into standard ducts, micro ducts, pathways, and others. The pathways segment held the lion’s share in 2018, accounting for more than one-third of the total market. However, the micro ducts segment is anticipated to portray the highest CAGR of 10.5% during the forecast period.
Based on industrial vertical, the market is divided into telecom, power, transport, building & infrastructure, and others. The transport segment is projected to manifest the highest CAGR of 10.7% during the study period. However, the telecom sector held the largest share in 2018, accounting for more than one-fourth of the market.
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The global FTTx pipes market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2018, accounting for nearly half of the total revenue. However, the market across North America is projected to register the highest CAGR of 10.3% during the study period.
The global FTTx pipes market report includes an in-depth analysis of the major market players such as Apollo Pipes, Craley Group Limited., Afripipes, Furukawa Electric Co., Ltd., Evopipes., GM Plast, Gabo Systemtechnik GmbH, KNET Co., Ltd., Himachal Futuristic Communications Limited, and Orbia.
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