Fiber optic cable shortage: delivery times extended up to one year
According to Rebio Group analysis, demand for fiber optic cables in North America is expected to grow by 22–25% this year, while supply is projected to increase by only 12–19%. Delivery times for major buyers have exceeded 20 weeks, while for smaller buyers, this period can extend up to a year. This is reported by Ixbt.com reports .
Tech giants are addressing this issue by signing multi-year contracts. In January, Meta signed a $6 billion supply agreement with Corning Incorporated, the world's largest fiber optic cable manufacturer. Corning currently holds 10.4% of the global market.
Additionally, NVIDIA invested $300 million in Corning to build three new fiber optic cable plants in North Carolina and Texas. These investments will allow NVIDIA to control a significant portion of production capacity in the US market.
According to Starview research forecasts, the global fiber optic cable market is expected to grow at an average rate of 4.1% between 2025 and 2031, reaching $12.6 billion by 2031. Previously, it was reported that the price of specialized fiber optic products in China increased tenfold within a year.
