Metal Coated Fibers Market Size, Share | Analysis by 2028

Metal Coated Fibers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material (Aluminum, Copper, Nickel, and Others), Coating Method (Freezing Method, Electroplating, Electroless Plating, and Others), and End-Use (Oil and Gas, Defense and Aerospace, Medical, Telecommunication and Data Centers, Research and Development, and Others)

  • Report Code : TIPRE00019510
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 153
Buy Now

The metal coated fibers market was valued at US$ 47.99 million in 2021 and is projected to reach US$ 83.43 million by 2028; it is expected to grow at a CAGR of 8.2% from 2021 to 2028.

The coating plays an important role in protecting the fiber from various damages such as pressure and chemical effect. Metal coated fiber shows strong abilities to satisfy requirements in industries such as aerospace, chemical industry, and deep-well oil-field. In North America, the emerging countries are witnessing a surge in industrialization, offering ample opportunities for the key market players in the  metal coated fibers market. The massive market growth in North America can be attributed to the increasing investments in technology and the fast-growing end-user industries such as oil & gas, aerospace & defense, and medical. This enabled the region to hold the largest portion of the global metal coated fibers market share.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Metal Coated Fibers Market: Strategic Insights

metal-coated-fibers-market
Market Size Value inUS$ 47.99 million in 2021
Market Size Value byUS$ 83.43 million by 2028
Growth rateCAGR of 8.2% from 2021 to 2028.
Forecast Period2021-2028
Base Year2021
Analyst Image

Shejal

Have a question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

Impact of COVID-19 Pandemic on Metal Coated Fibers Market

The significant decline in the growth of several industrial sectors due to COVID-19 pandemic has impacted the demand for metal coated fibers in the global market. The impact of the COVID-19 pandemic varies across the different application segments, for instance oil and gas exploration activities declined substantially during the pandemic. The pandemic has changed the overall oil & gas industry, and stakeholders in the energy sector have further inclined towards the adoption of renewable energy.

Global Metal Coated Fibers Market Breakdown –by Region

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Increasing Requirement from Defense, Aerospace, and Medical Industries

Metal coated fibers are used in the medical industry in applications such as plasma diagnostic systems in thermonuclear reactors and image guides for visual inspection of nuclear installations. In the biomedical industry, the use of  optical fiber  has grown rapidly from simple light and image guides to next-generation imaging and advanced diagnostics. Moreover, continuous growth and expansion of the defense, aerospace, and medical industries in various countries across the globe contribute to market growth. Thus, high demand from defense, aerospace, and medical industries is driving the metal coated fibers market share.

Material Insights

Based on material, the global metal coated fibers market forecast has been segmented into aluminum, copper, nickel, and others. The aluminum segment held the largest share of the global market in 2020. Aluminum coatings can be used in various step-index multimode, graded-index, and single-mode fibers. Aluminum coatings enable the fiber to be used on broader temperature range applications. Moreover, aluminum-coated fibers are used in harsh chemical environments, medical applications, and down-hole sensing for the oil & gas industry.

Metal Coated Fibers Market, by Material – 2020 and 2028

Some of the key players operating in the global metal coated fibers market are AFL; AMS Technologies; Arts Photonics Gmbh; Heracle Gmbh; IVG fiber limited; Molex LLC; Forc Photonics; Thorlabs, Inc.; OZ Optics; and Technical Fiber Products.

Report Spotlights

  • Progressive industry trends in the market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the metal coated fibers market forecast from 2019 to 2028
  • Estimation of global demand for metal coated fibers market size
  • Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the metal coated fibers industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the market
  • Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the metal coated fibers market growth
  • The size of the market size at various nodes
  • Detailed overview and segmentation of the market, as well as the metal coated fibers industry dynamics
  • Size of the metal coated fibers market in various regions with promising growth opportunities

The global metal coated fibers market is segmented by material into aluminum, copper, nickel, and others. Based on the coating method, the global market is segmented into freezing method, electroplating, electroless plating, and others. Based on end-use, the global market is segmented into oil and gas, defense and aerospace, medical, telecommunication and data centers, research and development, and others.

Company Profiles

  • AFL
  • AMS Technologies
  • ARTS PHOTONICS GMBH
  • Heracle GMBH
  • IVG fiber limited
  • Molex LLC
  • Electro Optical Components, Inc
  • Thorlabs, Inc.
  • OZ Optics
  • Technical Fiber Products
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Material, Coating Method, and End-Use

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, UAE, UK, US

Frequently Asked Questions


Can you list some of the major players operating in the global metal coated fibers market?

The major players operating in the global metal coated fibers market are AFL; AMS Technologies; Arts Photonics Gmbh; Heracle Gmbh; IVG fiber limited; Molex LLC; Forc Photonics; Thorlabs, Inc.; OZ Optics; Technical Fiber Products; among others.

Which region held the largest share of the global metal coated fibers market?

In 2021, North America held the largest share of the global metal coated fibers market. The massive growth of the market in the North America region is due to the presence of manufacturing units of major industries such as oil & gas and aerospace.

Based on material, which segment is leading the global metal coated fibers market during the forecast period?

The aluminum segment held the largest share of the global metal coated fibers market in 2021. Aluminum coatings enable the fiber to be used on broader temperature range applications. Aluminum-coated fibers are used in harsh chemical environments, medical applications, and down-hole sensing for the oil & gas industry.

Based on coating method, which segment is leading the global metal coated fibers market during the forecast period?

The freezing method segment held the largest share of the market in 2021. The freezing method is one of the most widely used coating method. This freezing method provides fiber strength twice as high as that of polymer-coated fibers.

Based on material, which segment is the fastest growing segment in the global metal coated fibers market?

The copper segment is the fastest growing segment in the global metal coated fibers market during the forecasted period. Copper is one of the most used fiber coating materials. They are used in various applications such as high-temperature environments, the oil & gas industry, medical applications, etc.

Based on end-use, which segment is the fastest growing segment in the global metal coated fibers market?

The medical segment is the fastest growing segment in the global metal coated fibers market during the forecasted period. In the medical industry, metal coated fibers are used in applications such as plasma diagnostic systems in thermonuclear reactors and image guides for visual inspection of nuclear installations

The List of Companies

1. AFL
2. AMS Technologies
3. Art Photonics GmbH
4. Engineered Fibers Technology, LLC.
5. Fiberguide Industries
6. Heracle GmbH
7. Hollingsworth and Vose
8. IVG Fiber
9. OZ Optics Ltd
10. TECHNICAL FIBRE PRODUCTS

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Metal Coated Fibers Market