Optical Fiber and Cable Manufacturing in China - Industry Market Research Report

Optical Fiber and Cable Manufacturing in China - Industry Market Research Report

Optical Fiber and Cable Manufacturing in China

Revenue for the Optical Fiber and Cable Manufacturing industry is anticipated to increase by 9.8% in 2023, to total $104.4 billion. Industry revenue is expected to increase at an annualized 12.5% over the five years through 2023. Domestic demand has grown significantly over the past five years due to many information technology and telecommunications projects that have required the industry's products. The information technology and telecommunications sectors have become the major markets for optical fiber and cable due to strong household demand for internet and mobile phone services. Power generation firms are another important market for the industry.

The industry comprises firms that manufacture optical fiber and optical cables, along with auxiliary devices such as optical cable connectors. Optical fibers and cables are mainly used to transmit light signals, which are ideal for carrying high fidelity and high bandwidth multimedia information across long distances.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.