Global Optical Ground Wire (OPGW) market is expected to reach 745.94 million USD by the end of 2025
The global Optical Ground Wire (OPGW) market is valued at 535.67 million USD in 2017 and is expected to reach 745.94 million USD by the end of 2025, growing at a CAGR of 4.23
The global Optical Ground Wire (OPGW) market is valued at 535.67 million USD in 2017 and is expected to reach 745.94 million USD by the end of 2025, growing at a CAGR of 4.23
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<strong>Global</strong> <strong>Optical</strong> <strong>Ground</strong> <strong>Wire</strong> (<strong>OPGW</strong>)<br />
<strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>745.94</strong><br />
<strong>million</strong> <strong>USD</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong><br />
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<strong>OPGW</strong> <strong>is</strong> a dual functioning cable performing <strong>the</strong> duties <strong>of</strong> a ground wire<br />
and also providing a patch for <strong>the</strong> transm<strong>is</strong>sion <strong>of</strong> voice, video or data<br />
signals. The fibers are protected from environmental conditions (lightning,<br />
short circuit, loading) <strong>to</strong> ensure reliability and longevity. The cable <strong>is</strong><br />
designed <strong>to</strong> be installed on transm<strong>is</strong>sion and d<strong>is</strong>tribution lines <strong>to</strong> carry<br />
voice, data and video communications, especially in lighting waveform<br />
moni<strong>to</strong>ring system, an observation system for overhead test line,<br />
maintenance data information system, power line protection system,<br />
power line operation system, and unmanned substation moni<strong>to</strong>ring.<br />
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In <strong>the</strong> last several years, <strong>Global</strong> <strong>market</strong> <strong>of</strong> <strong>Optical</strong> <strong>Ground</strong> <strong>Wire</strong><br />
(<strong>OPGW</strong>) developed stable, with an average growth rate <strong>of</strong> 6.95% from<br />
2017-<strong>2025</strong>. In 2017, <strong>Global</strong> Revenue <strong>of</strong> <strong>Optical</strong> <strong>Ground</strong> <strong>Wire</strong> (<strong>OPGW</strong>) <strong>is</strong><br />
nearly 535.67 Million <strong>USD</strong>; <strong>the</strong> actual sales are about 1748 Km.<br />
In 2017, major Sales Volume accounts 49.94% from China in <strong>the</strong> global<br />
<strong>Optical</strong> <strong>Ground</strong> <strong>Wire</strong> (<strong>OPGW</strong>) <strong>market</strong> and will increase stably. Europe <strong>is</strong><br />
occupied 11.75% <strong>market</strong> in <strong>Optical</strong> <strong>Ground</strong> <strong>Wire</strong> (<strong>OPGW</strong>) industry.<br />
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The classification <strong>of</strong> <strong>Optical</strong> <strong>Ground</strong> <strong>Wire</strong> (<strong>OPGW</strong>) includes Central Tube<br />
Structure <strong>OPGW</strong> and Layer Stranding Structure <strong>OPGW</strong>. The sales proportion<br />
<strong>of</strong> Layer Stranding Structure <strong>OPGW</strong> in 2017 <strong>is</strong> about 69.15%.<br />
It <strong>is</strong> relatively mature about <strong>OPGW</strong> in Europe, United States and Japan etc.<br />
With several years <strong>of</strong> development, <strong>OPGW</strong> already t<strong>end</strong>ed <strong>to</strong> be mature in<br />
China, as well as implementation <strong>of</strong> <strong>the</strong> domestic policy, large-scale commercial<br />
application <strong>of</strong> <strong>OPGW</strong> will soon become a reality in <strong>the</strong> future in China.<br />
With <strong>the</strong> rapid development <strong>of</strong> emerging economies, besides promoting<br />
economic growth <strong>of</strong> o<strong>the</strong>r countries in Asia, Latin American and African, <strong>the</strong><br />
region above will quickly become important <strong>market</strong> <strong>of</strong> <strong>OPGW</strong>.<br />
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The global <strong>Optical</strong> <strong>Ground</strong> <strong>Wire</strong> (<strong>OPGW</strong>) <strong>market</strong> <strong>is</strong><br />
valued at 535.67 <strong>million</strong> <strong>USD</strong> in 2017 and <strong>is</strong> <strong>expected</strong> <strong>to</strong><br />
<strong>reach</strong> <strong>745.94</strong> <strong>million</strong> <strong>USD</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong>, growing at<br />
a CAGR <strong>of</strong> 4.23% between 2017 and <strong>2025</strong>.<br />
Click <strong>to</strong> view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/47142/globalopgw-optical-ground-wire-sales-<strong>market</strong><br />
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