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Download Free sampleThe global Optical Fiber Composite Overhead Ground Wire (OPGW) market was valued at 54.06 Million USD in 2021 and will grow with a CAGR of 4.81% from 2021 to 2027, based on Research newly published report.
The prime objective of Optical Fiber Composite Overhead Ground Wire Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Optical Fiber Composite Overhead Ground Wire Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
OPGW is a dual functioning cable performing the duties of a ground wire and also providing a patch for the transmission of voice, video or data signals. The fibers are protected from environmental conditions (lightning, short circuit, loading) to ensure reliability and longevity. The cable is designed to be installed on transmission and distribution lines to carry voice, data and video communications, especially in lighting waveform monitoring system, an observation system for overhead test line, maintenance data information system, power line protection system, power line operation system, and unmanned substation monitoring.This industry is relative concentration. Key players in Optical Fiber Composite Overhead Ground Wire (OPGW) market include Fujikura, ZTT, NKT Cables, Tongguang Cable, Shenzhen SDG, Furukawa, and LS Cable, etc. In 2015, major production accounts 51.87 % from China in the global Optical Fiber Composite Overhead Ground Wire (OPGW) market and will increase stably. Europe is occupied 20.94 % market in Optical Fiber Composite Overhead Ground Wire (OPGW) industry. Other major production is expected from emerging markets of Korea, contributed 9.03 percent. It is relatively mature about OPGW in Europe, United States and Japan etc. With several years of development, OPGW already tended to be mature in China, as well as implementation of the domestic policy, large-scale commercial application of OPGW will soon become a reality in the future in China. With 4G network deployment, emerging economies, such as Brazil, India and Argentine etc. will become the new power for development of the world economy in the future. With the rapid development of emerging economies, besides promoting economic growth of other countries in Asia, Latin American and African, the region above will quickly become important market of OPGW.
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