Albany, New York, September 25, 2018: The global OPGW cable market is anticipated to continue to be influenced by the rising demand for electricity from emerging economies, especially in the China and India regions. Increased preference for better flexibility, higher data bandwidth with fiber optics is expected to be one of the vital factors that will positively affect market growth. Revenue earned from the digital map market are estimated to grow at an impressive CAGR of 16.2% through 2026. These insights have been taken from the report titled “OPGW Cable Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” added recently to the massive repository of Market Research Reports Search Engine (MRRSE).
Demand for 220-500 KV OPGW cables is expected to rise in the forecast period owing to properties such as lower values of current which reduces the losses arising out of skin effect, corona, and impedance thereby optimizing higher transmission efficiency. Layer stranding structure OPGW cables are also expected to show rapid growth owing to increased adoption by electric utility companies.
The Asia Pacific region is expected to continue as leader of market share owing to rapidly increasing demand for electricity in emerging economies. In addition, North America and Europe are also expected to show significant growth owing to the presence of major market players in the region.
OPGW Cable Market: Report Summary
This report gives readers a regional as well as global-level analysis & forecasts on the OPGW cable market, in terms of value (US$ Mn), for the period of forecast 2018 to 2026. Highly crucial business dynamics such as social, political and economic factors that are estimated to impact the demand and requirement for OPGW cables have been highlighted and examined in the report.
A systematic value chain analysis on the OPGW cable industry has been given in the report, and the Porter’s Five Forces model has been effectively utilized for helping the readers understand the competitive scenario among emerging as well as leading market players. A comprehensive market attractiveness analysis has been added to the report, where applications have been gauged on the basis of factors such as market size, growth rate and general attractiveness.
OPGW Cable Market: Research Methodology
In depth discussions and extensive interviews have been conducted with a number of eminent industry experts and opinion leaders in order to develop this report. Primary and secondary research methodologies have been made use of exhaustively, which have helped in in the compilation of reliable intelligence on the OPGW cable market. Primary research represents the bulk of the research efforts, which has been supported by a thorough secondary research.
Prominent companies and new entrants in the OPGW cable market have been reviewed, while reliable data sources such as press releases, SEC filings, annual reports, and other relevant documents have used to extract an accurate analysis on the market’s competitor landscape. The research approach employed has been proven to be a most effective approach to get accurate intelligence on the market data, recognizing latent business opportunities, and finding useful insights on the industry participants.
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