In recent years, China has emerged as a hot fiber optics destination, attracting quite a large number of investors. The vendors contemplating entrance to this high-growth market will find a new report from TechNavio extremely valuable.
Entitled “Optical Fiber Cable Market in China 2011-2015,” the report provides a picture of the present state of the market, the directions where the market is headed and the shape it’s likely to take in the upcoming years.
Based on an in-depth market analysis with inputs from industry experts, Optical Fiber Cable Market in China 2011-2015 tends to cover multiple aspects of the Optical Fiber Cable market landscape in China. These include major market drivers, market challenges, key vendor analysis including each vendor’s strengths and weaknesses, current and future trends and more.
The report also examines the market’s growth potential into the foreseeable future.
In the report, analysts predicted the Optical Fiber Cable market in China will grow at a CAGR of 21.49 percent over the period 2011-2015.
The report also identified increasing government investment in fiber optic broadband network construction, as one of the key factors driving this tremendous growth.
The market has been witnessing a surge in the demand for customized fiber optic patch cords from the Chinese telecom market vendors. This, according to the report, will help sustain the growth over the upcoming years.
“The demand for fiber optic patch cords has been increasing in proportion to the demand for optical fiber cables. Service providers need optical fiber patch cords that are compatible with their transmitting and receiving equipment and their specific bandwidth requirements. Hence, these providers seek customized fiber optic patch cords. In response to this, patch cord manufacturers are developing innovative cords that can be used for multiple purposes. This is one of the major trends contributing to the growth of the market,” a TechNavio's analyst said.
China is still highly dependent on the imports of fiber optic performs – the key component in the production of optical fiber cables – to meet their fiber cable industry needs. This could restrict the growth of the market to a significant extent.
The report includes a discussion of the key vendors operating in this market.
Vendors mentioned in the report are: Yangtze Optical Fiber and Cable Co. Ltd., Hengtong Group Co. Ltd., Jiangsu Zhongtian Technology Co. Ltd., Fiberhome Telecommunication Technologies Co. Ltd , Zhongli Science and Technology Group Co. Ltd and Jiangsu Sterlite and Tongguang Optical Fibers Co. Ltd.
Recently, TechNavio also released its “Global Fiber Optic Patch Cords Market 2011-2015" report, in which analysts pointed out one of the key factors contributing to this market growth is the increasing number of broadband connections. The Global Fiber Optic Patch Cords market has also been witnessing the emergence of ultra-high-capacity optical networks.
However, the limited infrastructure for fiber optic networks could pose a challenge to the growth of this market.
Key vendors dominating this market space are Amphenol Corp., 3M Co., Sumitomo Electric (News - Alert) Networks, Inc. and Tyco International Ltd.
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Edited by Braden Becker