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Fibre Optic Cable Manufacturing in Iceland - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

IS-C2731 August 2024 Factsheet

Revenue

€6.5m

2019-2024 4.0 %
2024-2029 XX.X %

Employees

2

2019-2024 14.9 %
2024-2029 X.X %

Businesses

2

2019-2024 14.9 %
2024-2029 X.X %

Wages

€XX,XXX.X

2019-2024 X.X %
2024-2029 X.X %

Fibre Optic Cable Manufacturing in Iceland market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Iceland compared to Europe?

Country Benchmarking

Industry Data Iceland

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#24 In Europe
Business
#18 In Europe
Employees
#27 In Europe
Wages
#25 In Europe

The Fibre Optic Cable Manufacturing in Iceland ranks 24 in Europe with regards to its 2024 revenue (€6.5m). Revenue received by operators in Iceland has been low in volatility over the past five-year period, with the average annual change in revenue (4.0 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Fibre Optic Cable Manufacturing industry in Iceland in 2024?

The market size of the Fibre Optic Cable Manufacturing industry in Iceland is €6.5m in 2024.

How many businesses are there in the Fibre Optic Cable Manufacturing in Iceland industry in 2024?

There are 2 businesses in the Fibre Optic Cable Manufacturing industry in Iceland, which has grown at a CAGR of 14.9 % between 2019 and 2024.

Has the Fibre Optic Cable Manufacturing industry in Iceland grown or declined over the past 5 years?

The market size of the Fibre Optic Cable Manufacturing industry in Iceland has been declining at a CAGR of 4.0 % between 2019 and 2024.

What is the forecast growth of the Fibre Optic Cable Manufacturing industry in Iceland over the next 5 years?

Over the next five years, the Fibre Optic Cable Manufacturing industry in Iceland is expected to grow.

What does the Fibre Optic Cable Manufacturing in Iceland include?

Manufacture of single-mode optical cables and Manufacture of multi-mode optical cables are part of the Fibre Optic Cable Manufacturing industry.

How competitive is the Fibre Optic Cable Manufacturing industry in Iceland?

The level of competition is moderate and steady in the Fibre Optic Cable Manufacturing industry in Iceland.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

This industry manufactures fibre-optic cables that are used to transmit data, images and sound. They consist of a core of thin glass fibres, which transmit optical signals in the form of light, and a plastic sheath.

What's included in this industry?

Manufacture of single-mode optical cablesManufacture of multi-mode optical cables

Industry Code

ISIC 2006

2731 - Manufacture of fibre optic cables in Iceland

Performance

Revenue Highlights

Trends
  • Revenue
  • Current Year Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Fibre Optic Cable Manufacturing in Iceland
  • Employees in the Fibre Optic Cable Manufacturing in Iceland
  • Business in the Fibre Optic Cable Manufacturing in Iceland
  • Profit in the Fibre Optic Cable Manufacturing in Iceland

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

European manufacturers of fibre optic cables must comply with EU regulations. Manufacturers must comply with the Construction Products Regulation, which includes safety standards for fire resistance; REACH for the use of chemicals; and RoHS for the restriction of hazardous substances.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Fibre Optic Cable Manufacturing in Iceland industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Manufacturers' profit is declining. Fibre optic cable manufacturers' profitability varies greatly depending on company size, production type, market focus and supply negotiations. Since 2019, increased global competition and regulatory compliance costs have led to an industry-wide decline in profit.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Fibre Optic Cable Manufacturing in Iceland industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.