The forecast for the sold production of optical fibres and optical fibre bundles in the UK shows a steady increase from 2024 to 2028, starting at 65.07 thousand kilograms and reaching 70.0 thousand kilograms. In 2023, the production stood at approximately 64 thousand kilograms. The year-on-year increase from 2024 to 2028 ranges from approximately 2% to 2.1%, indicating a consistent upward trend. The Compound Annual Growth Rate (CAGR) over five years from 2024 to 2028 is about 1.8%.
Looking forward, key trends to watch include advancements in technology, the expansion of broadband infrastructures, and increasing demand for high-speed internet that are likely to continue driving growth in this sector. Sustainability and raw material supply chain factors could also impact future production capacities and costs.
