An optical fiber (or fiber) is a glass or plastic fiber that carries light along its length. Fiber optics is the overlap of applied science and engineering concerned with the design and application of optical fibers. Optical fibers are widely used in fiber-optic communications, which permits transmission over longer distances and at higher bandwidths (data rates) than other forms of communications. Fibers are also used for illumination, and are wrapped in bundles so they can be used to carry images, thus allowing viewing in tight spaces. Specially designed fibers are used for a variety of other applications, including sensors and fiber lasers.
India optical fiber cables (OFC) market is projected to grow at a CAGR of 17% through 2023. Growth in the market is majorly expected to be backed by rising investments in OFC network infrastructure by the Indian government to increase internet penetration across the country, which is in line with the government’s initiatives such as Smart Cities Vision and Digital India. The demand for optical fibre is bound to expand further in the near future as it enjoys a number of advantages, such as higher bandwidth, ability to transmit voice, video, graphic and written information and applications in cable television services.
Few Indian major players are as under:
· Aksh Optifibre Ltd.
· Aksh Technologies Ltd.
· Apar Industries Ltd.
· Birla Cable Ltd.
· H T L Ltd.
· Himalaya Communications Ltd.
· Optic Fibre Goa Ltd.