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China's Fiber Optic Cable Industry Market Will Reach 231.6 Billion RMB In 2018
Aug 15, 2018

With the increase in demand in the Chinese market and the investment of operators in access networks, the global fiber market has grown by more than 250% in the past decade. In just a few short years, China has become the largest fiber market in the world. In 2016, global fiber optic cable shipments were around 468 million core kilometers, with a demand of 425 million core kilometers, while the largest power of capacity and demand came from the Chinese market. In 2017, China's fiber optic cable demand accounted for about 57% of the global share, and China's fiber optic cable manufacturing power has established.filling compound for optical fiber cable


According to the data of China Fiber Optic Cable Industry Development Prospect and Investment Forecast Analysis Report released by Prospective Industry Research Institute, since 2011, China's fiber optic cable production has shown a trend of increasing year by year. In 2011-2016, the output of China's fiber optic cable industry increased from 95 million core kilometers to 202 million core kilometers, with an average annual growth rate of 16.7%.glass yarn


Compared with the output of optical fiber, the demand for fiber optic cable in China has yet to be opened. Although China is the world's largest broadband country, its network coverage is much lower than that of developed countries and regions. By the end of 2016, the penetration rate of fiber-optic broadband users was only 72%. But in Korea has reached 93% in 2008, and in Japan it was 90% in 2010.PE pellets


From the perspective of fiber per capita core kilometers, China is currently only 0.66, while the United States has reached 2.26 (to 3.3-3.5 core kilometers by 2025), which is far from the world's leading level. However,the gap brings development potential, so China's fiber optic cable industry has unlimited capabilities.filling compound for optical fiber


According to the China statistics of the National Bureau , since 2013, the growth rate of China's fiber optic cable industry market has shown a significant downward trend, especially in 2016, which has achieved negative growth. In 2011-2016, the market size of China's fiber optic cable industry increased from 64.3 billion RMB to 169.2 billion RMB, with an average annual compound growth rate of 21.4%.filling compound for optical fiber loose tube


With the in-depth development of the Extending Radio and TV Broadcasting Coverage to Every Village Project, the irreversible trend of optical cable replaces copper cable and the role of large-scale events in the information economy, China's fiber optic cable industry will maintain a steady growth trend. What is more noteworthy is that the large-scale construction of 4G and 5G and the gradual launch of FTTH will become the long-term driving factor for the development of China's fiber optic cable industry, which will push China's fiber optic cable industry into a new round of growth cycle.hot application filling gel 


Looking ahead, in 2018, China's fiber optic cable industry market will reach 231.6 billion RMB; by 2023, the industry market size is expected to reach 328.9 billion RMB.water blocking yarn


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    Add: A Building,No.114 Xiangxi Xinwei, Songyuanxia Community, Guanlan Street, Longhua New District, Shenzhen
    Tel: +86-755-27997526
    Fax:+86-755-23063739
    Mob:+86-18928450189
    E-mail: sales@gl-polygel.com
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