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The 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 HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report 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.
By Market Verdors:
ZTT
Fujikura
NKT Cables
Tongguang Cable
Shenzhen SDG
Furukawa
LS Cable & System
Jiangsu Hongtu
Taihan
Sichuan Huiyuan
Elsewedy Cables
Tratos
J-Power Systems
By Types:
Layer Stranding Structure OPGW
Central Tube Structure OPGW
By Applications:
Below 66KV
66KV~110KV
110KV~220KV
220KV~330KV
330~500KV
More than 500KV
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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