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Global OPGW Cable Industry 2018 Global Market Size, Technology Review, Cost Analysis and Demand OverviewOur latest research report entitled OPGW Cable Market (by applications (below 220 KV, 200-500 KV and above 500 kV), type (layer stranding structure and loose tube structure)) provides complete and deep insights into the market dynamics and growth of OPGW Cable. Latest information on market risks, industry chain structure OPGW Cable cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential OPGW Cable growth factors. The forecast OPGW Cable Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, OPGW Cable on the global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global OPGW cable market is projected to grow at a CAGR of 5.2% over the forecast period of 2018-2024. Ask for Sample Copy of Research Report with Table of Content @ https://www.infiniumglobalresearch.com/reports/sample-request/1825 OPGW Cable Market: Market Insight OPGW stands for the optical ground wire that is used in overhead power lines. It is mainly designed to replace traditional static shield earth wires on overhead transmission lines with the added benefit of containing optical fibres that can be also used for telecommunications purposes. Such cable combines the functions of grounding and communication. It also serves to protect the high voltage phase wire on the tower from lightning strikes. It also acts as a medium for real-time monitoring and security of the transmission system over which it is installed doubling up for SCADA controls and network. Typically, OPGW cables contain single-mode optical fibres with low transmission loss that allows long-distance transmission at high speeds. In the peak year of 2000, around 60,000 km of OPGW was installed worldwide. OPGW Cable Market: Drivers and Restraints Rising demand for electricity to meet the increasing utilities of electricity drives the growth of the OPGW market. Moreover, increasing the transmission and distribution channel along with up-gradation of the existing wire with static shield earth wires boosts the growth of the optical ground wire cable market. However, the high cost of installation is likely to restrain the growth of the market over the forecast period. Furthermore, widespread utilities for the adoption of OPGW cables by the electric utility companies are anticipated to positively affect the growth of the OPGW market. On the other hand, growing demand for high-speed internet, especially in the growing economies, are driving the demand for OPGW cables. The development of smart energy management systems is the need of the hour and is aimed at improving the escalating demands from today’s power infrastructures. For instance, in April 2018, the Department of Telecommunications (DoT) in India announced plans to increase the minimum speed requirement for internet services to be classified as broadband to 2 Mbps from the previous 512 Kbps, in the wake of the growing high-speed internet demand. OPGW Cable Market: Regional Insights Among the geographies, Asia Pacific is anticipated to be the fastest-growing region for the OPGW market followed by North America. The growth in the Asia Pacific market is due to the increasing demand for electricity from countries such as India and China. Electricity is one of the fastest-growing forces for the end-use of energy. According to the International Energy Agency (IEA), about two-thirds of the energy growth comes from countries in Asia such as India and China. Ask Discount for the latest research report @ https://www.infiniumglobalresearch.com/reports/request-discount/1825 OPGW Cable Market: Segmentation The report on global OPGW cable market covers segments such as, applications and type. On the basis of applications the global OPGW cable market is categorized into below 220 KV, 200-500 KV and above 500 KV. On the basis of type the global OPGW cable market is categorized into layer stranding structure and loose tube structure. OPGW Cable Market: Competitive Analysis The report provides profiles of the companies in the global OPGW cable market such as Prysmian Group, Fujikura Group, Sumitomo Electric Industries, Ltd.,, Sterlite Technologies Limited, ZTT International, Tratos, Furukawa Electric Co., Ltd. and AFL. Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/ict-semiconductor/global-opgw-cable-market Reasons to Buy this Report: Comprehensive analysis of global as well as regional markets of the OPGW Cable. Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024. Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company. Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify. As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |