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According to the latest market research report released by Research Beam, the global optical fiber composite overhead ground wire (OPGW) market size will reach $670 million by 2023, with a compound annual growth rate of 3.
9%
during the period.
The report pointed out that in the past few years, the global OPGW market has developed steadily
.
In 2017, the global OPGW market size was about 535.
67 million US dollars, and the actual sales were 1748 kilometers
.
Among them, China is the largest market, accounting for nearly half of the global market (49.
94%)
.
It is followed by Europe with 11.
75% market share
.
OPGW is a dual-function cable that performs the work of ground and provides services for the transmission of voice, video or data signals, while also protecting optical fibers from environmental conditions (lightning, short circuit, load) 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 suitable for lighting waveform monitoring systems, overhead observation systems, maintenance data information systems, power line protection systems, power line operating systems and unattended substation monitoring
.
Globally, the industry is relatively concentrated
.
The major players in the optical fiber composite overhead ground wire (OPGW) market include Zhongtian Technology, Fujikura Cable, Anquette Cable, Tongguang Cable, Shenzhen SDG, Furukawa Electric and LS Cable, among others
.
According to the latest market research report released by Research Beam, the global optical fiber composite overhead ground wire (OPGW) market size will reach $670 million by 2023, with a compound annual growth rate of 3.
9%
during the period.
The report pointed out that in the past few years, the global OPGW market has developed steadily
.
In 2017, the global OPGW market size was about 535.
67 million US dollars, and the actual sales were 1748 kilometers
.
Among them, China is the largest market, accounting for nearly half of the global market (49.
94%)
.
It is followed by Europe with 11.
75% market share
.
OPGW is a dual-function cable that performs the work of ground and provides services for the transmission of voice, video or data signals, while also protecting optical fibers from environmental conditions (lightning, short circuit, load) 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 suitable for lighting waveform monitoring systems, overhead observation systems, maintenance data information systems, power line protection systems, power line operating systems and unattended substation monitoring
.
Globally, the industry is relatively concentrated
.
The major players in the optical fiber composite overhead ground wire (OPGW) market include Zhongtian Technology, Fujikura Cable, Anquette Cable, Tongguang Cable, Shenzhen SDG, Furukawa Electric and LS Cable, among others
.
