2030 年北美光纖市場預測 - 區域分析 - 按類型、模式、成分和最終用戶
市場調查報告書
商品編碼
1533118

2030 年北美光纖市場預測 - 區域分析 - 按類型、模式、成分和最終用戶

North America Optical Fiber Market Forecast to 2030 - Regional Analysis - by Type, Mode, Composition, and End User

出版日期: | 出版商: The Insight Partners | 英文 109 Pages | 訂單完成後即時交付

價格

2022年北美光纖市場價值為17.0401億美元,預計到2030年將達到34.3476億美元;預計2022年至2030年複合年成長率為9.2%。

光纖到 (FTTH) 連接採用率的增加推動北美光纖市場的發展

網路已成為日常生活中不可或缺的元素。消費者在一切方面都依賴技術,包括通訊、娛樂和工作。然而,隨著對網際網路的依賴程度的增加,對更可靠、更快速的訪問的需求也在增加。光纖到府(FTTH)寬頻是一種利用光纖為住宅提供高速網路的寬頻技術。與容易受到訊號損失和干擾影響的典型銅纜或同軸電纜不同,光纖由玻璃或塑膠製成。它們可以在相當遠的距離上傳輸資料而不會降低訊號品質。

傳統網際網路技術無法與 FTTH 更快的速度和更可靠的連接競爭。根據光纖寬頻協會(FBA)的研究,2021年美國光纖網路服務的住宅數量將超過6,000萬,比2020年的約5,400萬增加12%。家庭已經可以使用光纖網路。調查顯示,Verizon、AT&T 和 Lumen 等大型供應商是排名前五名的電纜管理服務組織 (MSO),佔所有光纖網路連線的 72%,而 Frontier、Windstream、TDS 和綜合佔擴張的10%。

在很短的時間內,FTTH寬頻取得了長足的進步。它首先專門用於少數行業,特別是高階企業和政府應用。然而,隨著對更快、更可靠的網路連線的需求不斷增加,FTTH 寬頻的使用也隨之增加。如今,它在住宅區變得越來越普遍,許多網路服務供應商現在都提供 FTTH 寬頻作為基本服務。因此,FTTH 連接採用的增加推動了市場的發展。

北美光纖市場概況

北美光纖市場分為美國、加拿大和墨西哥。光纖電纜在北美越來越受歡迎,提供了更大的靈活性和安裝簡單性。為了滿足光纖網路日益複雜的需求,迫切需要先進的測試和監控技術,例如光時域反射儀 (OTDR) 和光譜分析儀。由於高速網路存取需求不斷成長,北美光纖電纜產業正在迅速擴張。該地區蓬勃發展的 IT 和電信業以及光纖電纜創新正在進一步推動市場擴張。隨著頻寬需求以及對可靠和大容量網路的需求的增加,光纖連接在北美變得越來越重要。

眾多產業對高速網路的持續需求是市場發展的主要因素之一。光纖電纜具有大頻寬擴展和低衰減的特點,非常適合千兆位元傳輸,這對於需要高速資料傳輸的企業至關重要。北美的通訊基礎設施嚴重依賴光纜,尤其是隨著整個大陸資料中心的擴張。光纖廣泛應用於資料中心內部和資料中心間的連接,允許遠距離發送大量資料。在北美,為了滿足對更高網路速度和增強網路效能不斷成長的需求,大力推動光纖到府 (FTTH) 部署。電信和網際網路服務供應商正在投資將其光纖網路擴展到住宅區,以實現無縫接入並改善客戶的寬頻體驗。

此外,主要參與者的投資刺激了該地區光纖網路的需求。例如,2023年10月,普睿司曼集團承諾斥資8,500萬美元用於北美工廠設備和技術改進。這些改造大部分將在普睿司曼集團位於北卡羅來納州克萊蒙特的工廠進行,以促進光學產品製造,以滿足電信客戶不斷成長的需求。其克萊蒙特工廠位於一家光纖和光纜製造工廠內。未來 18 個月內,員工人數將增加至 620 人,並新增多達 70 個職位。

北美光纖市場收入及 2030 年預測(百萬美元)

北美光纖市場細分

北美光纖市場根據類型、模式、組成、最終用戶和國家進行細分。根據類型,北美光纖市場分為階梯折射率光纖和分級折射率光纖。 2022年,分級索引光纖細分市場將佔據更大的市場佔有率。

從模式來看,北美光纖市場分為單模與多模。到 2022 年,單一模式細分市場將佔據更大的市場佔有率。

依構成,北美光纖市場分為玻璃和塑膠。到2022年,玻璃細分市場將佔據更大的市場佔有率。

根據最終用戶,北美光纖市場分為電信和網路、工業自動化、醫療、國防等。 2022 年,電信和網路領域佔據最大的市場佔有率。

按國家/地區分類,北美光纖市場分為美國、加拿大和墨西哥。 2022年,美國將主導北美光纖市場。

康寧公司、普睿司曼公司、江蘇中天科技有限公司、長飛光纖光纜股份有限公司、烽火通訊技術股份有限公司、康普控股有限公司、耐克森公司、古河電工有限公司、住友電氣工業有限公司和相干公司等歐洲互聯汽車市場的領先公司。

目錄

第 1 章:簡介

第 2 章:執行摘要

  • 主要見解
  • 市場吸引力

第 3 章:研究方法

  • 覆蓋範圍
  • 二次研究
  • 初步研究

第 4 章:北美光纖市場格局

  • 概述
  • PEST分析
  • 生態系分析
    • 價值鏈中的供應商清單:

第 5 章:北美光纖市場 - 主要產業動態

  • 促進要素
    • 光纖到府 (FTTH) 連線的採用率不斷提高
    • 5G的廣泛實施
    • 光纖電纜 (OFC) 網路基礎設施投資增加
  • 限制
    • 安裝成本高
    • 無線通訊系統的發展
  • 機會
    • 採用機器學習 (ML) 和人工智慧 (AI)
    • 電信基礎設施的擴建
  • 趨勢
    • 光纖中波分複用 (WDM) 的出現
  • 促進因素和限制的影響:

第 6 章:光纖市場 - 北美市場分析

  • 2022 - 2030 年北美光纖市場收入
  • 光纖市場預測與分析

第 7 章:北美光纖市場分析 - 按類型

  • 步進索引光纖
  • 漸變折射率光纖

第 8 章:北美光纖市場分析 - 按模式

  • 單模式
  • 多模式

第 9 章:北美光纖市場分析 - 按成分

  • 玻璃
  • 塑膠

第 10 章:北美光纖市場分析 - 按最終用戶

  • 電信和網路
  • 工業自動化
  • 醫療的
  • 防禦
  • 其他

第 11 章:北美光纖市場 - 國家分析

  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥

第 12 章:競爭格局

  • 關鍵參與者的熱圖分析

第 13 章:產業格局

  • 概述
  • 市場主動性
  • 產品開發和公司新聞
  • 合作

第 14 章:公司簡介

  • Corning Inc
  • Prysmian SpA
  • Jiangsu Zhongtian Technology Co Ltd
  • Yangtze Optical Fiber and Cable Joint Stock Ltd
  • Fiberhome Telecommunication Technologies Co Ltd
  • Furukawa Electric Co Ltd
  • CommScope Holding Co Inc
  • Nexans SA
  • Sumitomo Electric Industries Ltd
  • Coherent Corp

第 15 章:附錄

Product Code: BMIRE00030186

The North America optical fiber market was valued at US$ 1,704.01 million in 2022 and is expected to reach US$ 3,434.76 million by 2030; it is estimated to record a CAGR of 9.2% from 2022 to 2030.

Increase in Adoption of Fiber-to-the-(FTTH) Connectivity Fuels North America Optical Fiber Market

The internet has become an indispensable element of daily life. Consumers rely on technology for everything, including communication, entertainment, and work. However, as the reliance on the internet has risen, so has the demand for more dependable and quicker access. Fiber-to-the-home (FTTH) broadband is a broadband technology that employs optical fibers to offer high-speed internet to residences. Unlike typical copper or coaxial cables, which are susceptible to signal loss and interference, optical fibers are constructed of glass or plastic. They can transfer data over considerably greater distances without signal degradation.

Traditional internet technologies cannot compete with quicker speeds and more dependable connections of FTTH. According to the study conducted by the Fiber Broadband Association (FBA), the number of residences in the US served by fiber internet has surpassed 60 million in 2021, an increase of 12% from roughly 54 million in 2020. Moreover, the study also revealed that fiber internet is already available to 43% of American households and 60% of Canadian households. According to the survey, large providers such as Verizon, AT&T, and Lumen, are the top five cable Management Services Organizations (MSOs) formed 72% of all fiber internet connectivity, while Tier 2 regional operators such as Frontier, Windstream, TDS, and Consolidated accounted for 10% of the expansion.

In a very short period, FTTH broadband has come a long way. It was first utilized exclusively in a few industries, particularly for high-end corporate and government applications. However, as the need for faster and more dependable internet connections has increased, so has the use of FTTH broadband. Today, it is becoming more common in residential areas, and many internet service providers now provide FTTH broadband as a basic offering. Therefore, the increase in the adoption of FTTH connectivity drives the market.

North America Optical Fiber Market Overview

The North America optical fiber market is segmented into the US, Canada, and Mexico. Fiber optical cables have gained higher popularity in North America, providing more flexibility and simplicity of installation. Advanced testing and monitoring technologies, such as optical time-domain reflectometers (OTDRs) and optical spectrum analyzers, are in great demand to match the expanding sophistication of fiber optic networks. The North America optical fiber cable industry is expanding rapidly, owing to the rising demand for high-speed internet access. The region's booming IT and telecommunications sectors, together with optical fiber cable innovation, are driving market expansion even further. Optical fiber connections have become important in North America as bandwidth needs and the demand for dependable and high-capacity networks have increased.

The continuous need for high-speed internet across numerous industries is one of the primary factors for market development. Optical fiber cables are perfect for gigabit transmission due to their large bandwidth expansion and low attenuation, which is critical for enterprises demanding high-speed data transfer. North America's communication infrastructure is significantly reliant on optical cabling, particularly with the expansion of data centers around the continent. Fiber optics are widely utilized in intra and inter-data center connections, allowing enormous amounts of data to be sent across great distances. In North America, there has been a considerable push for fiber-to-the-home (FTTH) deployment in response to the rising demand for higher internet speeds and enhanced network performance. Telecommunications and internet service providers are investing in expanding their fiber optic networks to residential areas, allowing for seamless access and improved broadband experiences for customers.

Furthermore, investments from the key players have boosted the demand for optical fiber networks in the region. For instance, in October 2023, Prysmian Group committed to spending US$85 million on North American plant equipment and technological improvements. The majority of these modifications will take place at Prysmian Group's Claremont, North Carolina site to boost optical product manufacturing to satisfy the expanding demands of telecommunications clients. Its Claremont site is co-located in a combined optical fiber and optical fiber cable manufacturing facility. This is also set to grow to 620 personnel in the next 18 months, with up to 70 additional positions added.

North America Optical Fiber Market Revenue and Forecast to 2030 (US$ Million)

North America Optical Fiber Market Segmentation

The North America optical fiber market is segmented based on type, mode, composition, end user, and country. Based on type, the North America optical fiber market is bifurcated into step indexed optical fiber and graded indexed optical fiber. The graded indexed optical fiber segment held a larger market share in 2022.

In terms of mode, the North America optical fiber market is bifurcated into single mode and multi-mode. the single mode segment held a larger market share in 2022.

By composition the North America optical fiber market is bifurcated into glass and plastic. the glass segment held a larger market share in 2022.

Based on end user, the North America optical fiber market is categorized into the telecom and networking, industrial automation, medical, defense, and others. The telecom and networking segment held the largest market share in 2022.

Based on country, the North America optical fiber market is segmented into the US, Canada, and Mexico. The US dominated the North America optical fiber market share in 2022.

Corning Inc, Prysmian Spa, Jiangsu Zhogtian Technology Co Ltd, Yangtze Optical Fiber and Cable Joint Stock Ltd, Fiberhome Telecommunication Technologies Co Ltd, CommScope Holding Co Inc, Nexans SA, Furukawa Electric Co Ltd, Sumitomo Electric Industries Ltd, and Coherent Corp are some of the leading companies operating in the Europe connected vehicle market.

Table Of Contents

1. Introduction

  • 1.1 The Insight Partners Research Report Guidance
  • 1.2 Market Segmentation

2. Executive Summary

  • 2.1 Key Insights
  • 2.2 Market Attractiveness

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. North America Optical Fiber Market Landscape

  • 4.1 Overview
  • 4.2 PEST Analysis
  • 4.3 Ecosystem Analysis
    • 4.3.1 List of Vendors in the Value Chain:

5. North America Optical Fiber Market - Key Industry Dynamics

  • 5.1 Drivers
    • 5.1.1 Increase in Adoption of Fiber-to-the-Home (FTTH) Connectivity
    • 5.1.2 Widespread Implementation of 5G
    • 5.1.3 Rise in Investments in Optical Fiber Cable (OFC) Network Infrastructure
  • 5.2 Restraints
    • 5.2.1 High Installation Costs
    • 5.2.2 Growth of Wireless Communication Systems
  • 5.3 Opportunities
    • 5.3.1 Adoption of Machine Learning (ML) and Artificial Intelligence (AI)
    • 5.3.2 Expansion of Telecommunication Infrastructure
  • 5.4 Trends
    • 5.4.1 Emergence of Wavelength Division Multiplexing (WDM) in Optical Fiber
  • 5.5 Impact of Drivers and Restraints:

6. Optical Fiber Market - North America Market Analysis

  • 6.1 North America Optical Fiber Market Revenue (US$ Million), 2022 - 2030
  • 6.2 Optical Fiber Market Forecast and Analysis

7. North America Optical Fiber Market Analysis - By Type

  • 7.1 Step Indexed Optical Fiber
    • 7.1.1 Overview
    • 7.1.2 Step Indexed Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
  • 7.2 Graded Indexed Optical Fiber
    • 7.2.1 Overview
    • 7.2.2 Graded Indexed Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)

8. North America Optical Fiber Market Analysis - By Mode

  • 8.1 Single Mode
    • 8.1.1 Overview
    • 8.1.2 Single Mode Market Revenue and Forecasts to 2030 (US$ Million)
  • 8.2 Multi-Mode
    • 8.2.1 Overview
    • 8.2.2 Multi-Mode Market Revenue and Forecasts to 2030 (US$ Million)

9. North America Optical Fiber Market Analysis - By Composition

  • 9.1 Glass
    • 9.1.1 Overview
    • 9.1.2 Glass Market Revenue and Forecasts to 2030 (US$ Million)
  • 9.2 Plastic
    • 9.2.1 Overview
    • 9.2.2 Plastic Market Revenue and Forecasts to 2030 (US$ Million)

10. North America Optical Fiber Market Analysis - By End User

  • 10.1 Telecom and Networking
    • 10.1.1 Overview
    • 10.1.2 Telecom and Networking Market Revenue and Forecasts to 2030 (US$ Million)
  • 10.2 Industrial Automation
    • 10.2.1 Overview
    • 10.2.2 Industrial Automation Market Revenue and Forecasts to 2030 (US$ Million)
  • 10.3 Medical
    • 10.3.1 Overview
    • 10.3.2 Medical Market Revenue and Forecasts to 2030 (US$ Million)
  • 10.4 Defense
    • 10.4.1 Overview
    • 10.4.2 Defense Market Revenue and Forecasts to 2030 (US$ Million)
  • 10.5 Others
    • 10.5.1 Overview
    • 10.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)

11. North America Optical Fiber Market - Country Analysis

  • 11.1 North America
    • 11.1.1 North America Optical Fiber Market Overview
    • 11.1.2 North America Optical Fiber Market Revenue and Forecasts and Analysis - By Countries
      • 11.1.2.1 US Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
        • 11.1.2.1.1 US Optical Fiber Market Breakdown by Type
        • 11.1.2.1.2 US Optical Fiber Market Breakdown by Mode
        • 11.1.2.1.3 US Optical Fiber Market Breakdown by Composition
        • 11.1.2.1.4 US Optical Fiber Market Breakdown by End User
      • 11.1.2.2 Canada Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
        • 11.1.2.2.1 Canada Optical Fiber Market Breakdown by Type
        • 11.1.2.2.2 Canada Optical Fiber Market Breakdown by Mode
        • 11.1.2.2.3 Canada Optical Fiber Market Breakdown by Composition
        • 11.1.2.2.4 Canada Optical Fiber Market Breakdown by End User
      • 11.1.2.3 Mexico Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
        • 11.1.2.3.1 Mexico Optical Fiber Market Breakdown by Type
        • 11.1.2.3.2 Mexico Optical Fiber Market Breakdown by Mode
        • 11.1.2.3.3 Mexico Optical Fiber Market Breakdown by Composition
        • 11.1.2.3.4 Mexico Optical Fiber Market Breakdown by End User

12. Competitive Landscape

  • 12.1 Heat Map Analysis By Key Players

13. Industry Landscape

  • 13.1 Overview
  • 13.2 Market Initiative
  • 13.3 Product Development & Company News
  • 13.4 Collaboration

14. Company Profiles

  • 14.1 Corning Inc
    • 14.1.1 Key Facts
    • 14.1.2 Business Description
    • 14.1.3 Products and Services
    • 14.1.4 Financial Overview
    • 14.1.5 SWOT Analysis
    • 14.1.6 Key Developments
  • 14.2 Prysmian SpA
    • 14.2.1 Key Facts
    • 14.2.2 Business Description
    • 14.2.3 Financial Overview
    • 14.2.4 SWOT Analysis
    • 14.2.5 Key Developments
  • 14.3 Jiangsu Zhongtian Technology Co Ltd
    • 14.3.1 Key Facts
    • 14.3.2 Business Description
    • 14.3.3 Products and Services
    • 14.3.4 Financial Overview
    • 14.3.5 SWOT Analysis
    • 14.3.6 Key Developments
  • 14.4 Yangtze Optical Fiber and Cable Joint Stock Ltd
    • 14.4.1 Key Facts
    • 14.4.2 Business Description
    • 14.4.3 Products and Services
    • 14.4.4 Financial Overview
    • 14.4.5 SWOT Analysis
    • 14.4.6 Key Developments
  • 14.5 Fiberhome Telecommunication Technologies Co Ltd
    • 14.5.1 Key Facts
    • 14.5.2 Business Description
    • 14.5.3 Products and Services
    • 14.5.4 Financial Overview
    • 14.5.5 SWOT Analysis
    • 14.5.6 Key Developments
  • 14.6 Furukawa Electric Co Ltd
    • 14.6.1 Key Facts
    • 14.6.2 Business Description
    • 14.6.3 Products and Services
    • 14.6.4 Financial Overview
    • 14.6.5 SWOT Analysis
    • 14.6.6 Key Developments
  • 14.7 CommScope Holding Co Inc
    • 14.7.1 Key Facts
    • 14.7.2 Business Description
    • 14.7.3 Products and Services
    • 14.7.4 Financial Overview
    • 14.7.5 SWOT Analysis
    • 14.7.6 Key Developments
  • 14.8 Nexans SA
    • 14.8.1 Key Facts
    • 14.8.2 Business Description
    • 14.8.3 Products and Services
    • 14.8.4 Financial Overview
    • 14.8.5 SWOT Analysis
    • 14.8.6 Key Developments
  • 14.9 Sumitomo Electric Industries Ltd
    • 14.9.1 Key Facts
    • 14.9.2 Business Description
    • 14.9.3 Products and Services
    • 14.9.4 Financial Overview
    • 14.9.5 SWOT Analysis
    • 14.9.6 Key Developments
  • 14.10 Coherent Corp
    • 14.10.1 Key Facts
    • 14.10.2 Business Description
    • 14.10.3 Products and Services
    • 14.10.4 Financial Overview
    • 14.10.5 SWOT Analysis
    • 14.10.6 Key Developments

15. Appendix

  • 15.1 Word Index

List Of Tables

  • Table 1. Optical Fiber Market Segmentation
  • Table 2. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
  • Table 3. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million) - Type
  • Table 4. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million) - Mode
  • Table 5. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million) - Composition
  • Table 6. Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million) - End User
  • Table 7. North America Optical Fiber Market, by Country - Revenue and Forecast to 2030 (USD Million)
  • Table 8. US Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Type
  • Table 9. US Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Mode
  • Table 10. US Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Composition
  • Table 11. US Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By End User
  • Table 12. Canada Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Type
  • Table 13. Canada Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Mode
  • Table 14. Canada Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Composition
  • Table 15. Canada Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By End User
  • Table 16. Mexico Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Type
  • Table 17. Mexico Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Mode
  • Table 18. Mexico Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By Composition
  • Table 19. Mexico Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn) - By End User
  • Table 20. Heat Map Analysis By Key Players
  • Table 21. List of Abbreviation

List Of Figures

  • Figure 1. Optical Fiber Market Segmentation, By Country
  • Figure 2. North America- PEST Analysis
  • Figure 3. Ecosystem: Optical Fiber Market
  • Figure 4. Optical Fiber Market - Key Industry Dynamics
  • Figure 5. Impact Analysis of Drivers and Restraints
  • Figure 6. Optical Fiber Market Revenue (US$ Million), 2022 & 2030
  • Figure 7. Optical Fiber Market Share (%) - Type, 2022 and 2030
  • Figure 8. Step Indexed Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 9. Graded Indexed Optical Fiber Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 10. Optical Fiber Market Share (%) - Mode, 2022 and 2030
  • Figure 11. Single Mode Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 12. Multi-Mode Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 13. Optical Fiber Market Share (%) - Composition, 2022 and 2030
  • Figure 14. Glass Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 15. Plastic Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 16. Optical Fiber Market Share (%) - End User, 2022 and 2030
  • Figure 17. Telecom and Networking Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 18. Industrial Automation Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 19. Medical Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 20. Defense Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 21. Others Market Revenue and Forecasts to 2030 (US$ Million)
  • Figure 22. North America Optical Fiber Market Revenue, by Key Country, (2022) (US$ Million)
  • Figure 23. Optical fiber market Breakdown by Key Countries, 2022 and 2030 (%)
  • Figure 24. US Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
  • Figure 25. Canada Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)
  • Figure 26. Mexico Optical Fiber Market Revenue and Forecasts to 2030 (US$ Mn)