Global Optical Ground Wire (OPGW) market is expected to reach 745.94 million USD by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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OPGW is a dual functioning cable performing the duties of a ground wire and also providing a patch for the transmission of voice, video or data signals. The fibers are protected from environmental conditions (lightning, short circuit, loading) to ensure reliability and longevity. The cable is designed to be installed on transmission and distribution lines to carry voice, data and video communications, especially in lighting waveform monitoring system, an observation system for overhead test line, maintenance data information system, power line protection system, power line operation system, and unmanned substation monitoring.
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QYResearch In the last several years, Global market of Optical Ground Wire (OPGW) developed stable, with an average growth rate of 6.95% from 2017-2025. In 2017, Global Revenue of Optical Ground Wire (OPGW) is nearly 535.67 Million USD; the actual sales are about 1748 Km. In 2017, major Sales Volume accounts 49.94% from China in the global Optical Ground Wire (OPGW) market and will increase stably. Europe is occupied 11.75% market in Optical Ground Wire (OPGW) industry.
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The classification of Optical Ground Wire (OPGW) includes Central Tube Structure OPGW and Layer Stranding Structure OPGW. The sales proportion of Layer Stranding Structure OPGW in 2017 is about 69.15%.
It is relatively mature about OPGW in Europe, United States and Japan etc. With several years of development, OPGW already tended to be mature in China, as well as implementation of the domestic policy, large-scale commercial application of OPGW will soon become a reality in the future in China. With the rapid development of emerging economies, besides promoting economic growth of other countries in Asia, Latin American and African, the region above will quickly become important market of OPGW. www.qyresearch.com www.qyresearch.com
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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% between 2017 and 2025.
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