Core Viewpoint - The demand for rare-earth-doped optical fibers is steadily increasing due to the growing penetration of laser processing in manufacturing, the commercialization of 400G optical transmission networks, and the development of low-orbit satellite internet, which require enhanced optical signal amplification and transmission performance [1][7]. Overview - Specialty optical fibers differ from conventional communication fibers by having unique materials and structures that provide special properties and uses. Rare-earth-doped optical fibers are a significant subclass of specialty fibers, used for generating specific wavelength lasers and amplifying optical signals, thus driving high-power and high-performance laser output [2][3]. Market Policies - The rare-earth-doped optical fiber is a key product in China's strategic emerging industries, supported by various national policies aimed at promoting industry development, including the "14th Five-Year Plan for Intelligent Manufacturing" and others [5]. Industry Chain - The upstream of the rare-earth-doped optical fiber industry includes suppliers of raw materials such as quartz tubing, optical fiber coatings, rare earths, and industrial gases. The domestic production of these materials has accelerated, with significant progress in the localization of production equipment [6]. Development Status - The market for rare-earth-doped optical fibers is expanding, with projections indicating a market size of 2.99 billion yuan in 2024, representing a 15% year-on-year growth and accounting for 35.2% of the specialty fiber industry [1][7]. Competitive Landscape - The specialty fiber industry, including rare-earth-doped fibers, has high technical requirements and significant barriers to entry. The market is concentrated, with major players primarily from developed countries. Domestic companies are making strides but still face challenges in reaching global advanced levels [9][10]. Key Players - Yangtze Optical Fibre and Cable Joint Stock Limited Company: A leading global provider of optical fiber preform, fiber, and cable, with projected revenues of 12.2 billion yuan in 2024 and a gross profit margin of 27.3% [11]. - Wuhan Changjin Photon Technology Co., Ltd.: A domestic leader in specialty optical fibers, with a revenue of 164.92 million yuan from rare-earth-doped fibers in 2024, showing a 31% year-on-year increase [12]. Future Trends - The future of rare-earth-doped optical fibers includes enhancements in output power and optical efficiency for ytterbium-doped fibers, advancements towards high bandwidth and low noise for erbium-doped fibers, and improvements in performance for erbium-ytterbium co-doped fibers in laser radar applications [12].
研判2025!中国掺稀土光纤市场政策汇总、产业链、市场规模、竞争格局及发展趋势分析:国产化替代空间巨大[图]