Market Overview:
The global optical ground wire (OPGW) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for OPGW cables from below 220kV, 220kV-500kV, and above 500kV applications. Additionally, the rising investment in renewable energy projects is also propelling the growth of the global OPGW market. Based on type, the central tube structure OPGW segment is expected to lead the global OPGW market during the forecast period. This segment is projected to grow at a CAGR of 7% from 2018 to 2030. The layer stranding structure OPGW segment is projected to grow at a CAGR of 5% during this period. Based on application, below 220KV accounted for majority share of 49% in 2017 and it is projected that it will maintain its dominance by 2030 owing continuous replacement demand across developed economies such as North America and Europe due aging infrastructure .
 Industry Outlook.svg)
Product Definition:
An optical ground wire (OPGW) is a type of cable used in telecommunications that employs fiber optic cables instead of electrical conductors to carry signals. OPGW is usually installed along the outside of utility poles, and can be used to provide communication services between different parts of a telecommunication network, or to connect networks together.
Central Tube Structure OPGW:
Central tube structure OPGW is a type of optical fiber cable that consists of two central tubes, which are filled with optical fibers. The total length of the fiber cables can be up to 10 times longer than the diameter of the outer tube.
Layer Stranding Structure OPGW:
The optical ground wire (OPGW) market is expected to grow at a significant rate owing to the increasing demand for fiber optic cables. The growing telecommunication and internet usage has led to the increased demand for fiber optics, which in turn is anticipated to drive the market growth over the forecast period.
Application Insights:
Below 220KV application segment accounted for the largest share of over 50.0% in 2017. The growing demand for electrical power distribution systems in developing countries including India and China on account of increasing industrialization and urbanization is expected to drive the growth of below 220KV segment during the forecast period.
The optical fiber laid underground is used to detect when an electric field occurs, which indicates that a transmission line has been breached or an object has entered into the earth's magnetic field resulting in damage to equipment operation or failure of system functionality. Optical fibers are used as they provide immunity from electromagnetic interference thus ensuring high-speed data transfer with low operational cost over long distances within a single network or across multiple networks operating at different frequencies.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a rise in demand for high-voltage power distribution systems, owing to rapid industrialization and urbanization across countries such as China, India, Japan, Indonesia, South Korea etc. Moreover rising population coupled with increasing per capita income has led to an increase in residential electrification which is further driving the regional market growth.
The Asia Pacific power distribution segment accounted for approximately 40% of total revenue share in 2017 on account of large scale adoption of optical fiber cables due to their advantages such as immunity from damage caused by lightning strikes and better performance under wet conditions compared with copper wires used traditionally.
Growth Factors:
- Increasing demand for OPGW from the telecommunication and power transmission industries as a result of growing population and rapid industrialization.
- Rising investment in smart grid infrastructure across the globe.
- Growing popularity of optical fiber cables over traditional metallic cables due to their superior properties such as high bandwidth, low attenuation, and immunity to electromagnetic interference (EMI).
- Proliferation of renewable energy sources such as solar and wind power, which require efficient long-distance transmission solutions for grid integration.
- Technological advancements that have led to the development of more compact and lightweight OPGW cables, making them suitable for deployment in difficult terrains
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Ground Wire (OPGW) Market Research Report
By Type
Central Tube Structure OPGW, Layer Stranding Structure OPGW
By Application
Below 220KV, 220KV-500KV, Above 500KV
By Companies
ZTT, Fujikura, NKT Cables, Tongguang Cable, Shenzhen SDG, Furukawa, LS Cable & System, Jiangsu Hongtu, Taihan, Sichuan Huiyuan, Elsewedy Cables , Tratos, J-Power Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Optical Ground Wire (OPGW) Market Report Segments:
The global Optical Ground Wire (OPGW) market is segmented on the basis of:
Types
Central Tube Structure OPGW, Layer Stranding Structure OPGW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Below 220KV, 220KV-500KV, Above 500KV
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ZTT
- Fujikura
- NKT Cables
- Tongguang Cable
- Shenzhen SDG
- Furukawa
- LS Cable & System
- Jiangsu Hongtu
- Taihan
- Sichuan Huiyuan
- Elsewedy CablesÂ
- Tratos
- J-Power Systems
 Market Overview.svg)
Highlights of The Optical Ground Wire (OPGW) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Central Tube Structure OPGW
- Layer Stranding Structure OPGW
- By Application:
- Below 220KV
- 220KV-500KV
- Above 500KV
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optical Ground Wire (OPGW) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An optical ground wire is a wire used to provide an electrical connection between two points that are not in direct physical contact. Optical ground wires use light instead of electricity to transmit signals, making them immune to electromagnetic interference (EMI).
Some of the major players in the optical ground wire (opgw) market are ZTT, Fujikura, NKT Cables, Tongguang Cable, Shenzhen SDG, Furukawa, LS Cable & System, Jiangsu Hongtu, Taihan, Sichuan Huiyuan, Elsewedy Cables‚Â , Tratos, J-Power Systems.
The optical ground wire (opgw) market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Ground Wire (OPGW) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Optical Ground Wire (OPGW) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optical Ground Wire (OPGW) Market - Supply Chain
4.5. Global Optical Ground Wire (OPGW) Market Forecast
4.5.1. Optical Ground Wire (OPGW) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optical Ground Wire (OPGW) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optical Ground Wire (OPGW) Market Absolute $ Opportunity
5. Global Optical Ground Wire (OPGW) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Optical Ground Wire (OPGW) Market Size and Volume Forecast by Type
5.3.1. Central Tube Structure OPGW
5.3.2. Layer Stranding Structure OPGW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optical Ground Wire (OPGW) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Optical Ground Wire (OPGW) Market Size and Volume Forecast by Application
6.3.1. Below 220KV
6.3.2. 220KV-500KV
6.3.3. Above 500KV
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optical Ground Wire (OPGW) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Optical Ground Wire (OPGW) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Optical Ground Wire (OPGW) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Optical Ground Wire (OPGW) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Optical Ground Wire (OPGW) Demand Share Forecast, 2019-2029
9. North America Optical Ground Wire (OPGW) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Optical Ground Wire (OPGW) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Optical Ground Wire (OPGW) Market Size and Volume Forecast by Application
9.4.1. Below 220KV
9.4.2. 220KV-500KV
9.4.3. Above 500KV
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optical Ground Wire (OPGW) Market Size and Volume Forecast by Type
9.7.1. Central Tube Structure OPGW
9.7.2. Layer Stranding Structure OPGW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Optical Ground Wire (OPGW) Demand Share Forecast, 2019-2029
10. Latin America Optical Ground Wire (OPGW) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Optical Ground Wire (OPGW) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Optical Ground Wire (OPGW) Market Size and Volume Forecast by Application
10.4.1. Below 220KV
10.4.2. 220KV-500KV
10.4.3. Above 500KV
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optical Ground Wire (OPGW) Market Size and Volume Forecast by Type
10.7.1. Central Tube Structure OPGW
10.7.2. Layer Stranding Structure OPGW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Optical Ground Wire (OPGW) Demand Share Forecast, 2019-2029
11. Europe Optical Ground Wire (OPGW) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Optical Ground Wire (OPGW) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Optical Ground Wire (OPGW) Market Size and Volume Forecast by Application
11.4.1. Below 220KV
11.4.2. 220KV-500KV
11.4.3. Above 500KV
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optical Ground Wire (OPGW) Market Size and Volume Forecast by Type
11.7.1. Central Tube Structure OPGW
11.7.2. Layer Stranding Structure OPGW
11.8. Basis Point Shar (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Optical Ground Wire (OPGW) Demand Share, 2019-2029
12. Asia Pacific Optical Ground Wire (OPGW) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Optical Ground Wire (OPGW) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Optical Ground Wire (OPGW) Market Size and Volume Forecast by Application
12.4.1. Below 220KV
12.4.2. 220KV-500KV
12.4.3. Above 500KV
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optical Ground Wire (OPGW) Market Size and Volume Forecast by Type
12.7.1. Central Tube Structure OPGW
12.7.2. Layer Stranding Structure OPGW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Optical Ground Wire (OPGW) Demand Share, 2019-2029
13. Middle East & Africa Optical Ground Wire (OPGW) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Optical Ground Wire (OPGW) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Optical Ground Wire (OPGW) Market Size and Volume Forecast by Application
13.4.1. Below 220KV
13.4.2. 220KV-500KV
13.4.3. Above 500KV
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optical Ground Wire (OPGW) Market Size and Volume Forecast by Type
13.7.1. Central Tube Structure OPGW
13.7.2. Layer Stranding Structure OPGW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Optical Ground Wire (OPGW) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Optical Ground Wire (OPGW) Market: Market Share Analysis
14.2. Optical Ground Wire (OPGW) Distributors and Customers
14.3. Optical Ground Wire (OPGW) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ZTT
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fujikura
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NKT Cables
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tongguang Cable
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shenzhen SDG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Furukawa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LS Cable & System
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangsu Hongtu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Taihan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sichuan Huiyuan
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Elsewedy Cables
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tratos
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. J-Power Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
