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Global and India Optical Fiber Composite Overhead Ground Wire (OPGW) Market 2024 | Valuates Reports
Global and India Optical Fiber Composite Overhead Ground Wire (OPGW) Market SizeThe global Optical Fiber Composite Overhead Ground Wire (OPGW) revenue was US$ 642 million in 2022 and is forecast to a readjusted size of US$ 870.9 million by 2029 with a CAGR of 4.4% during the forecast period (2023-2029).
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Report Scope
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.
In India, the Optical Fiber Composite Overhead Ground Wire (OPGW) revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global Optical Fiber Composite Overhead Ground Wire (OPGW) key players include ZTT, Fujikura, NKT Cables, Tongguang Cable, Shenzhen SDG, etc. Global top five manufacturers hold a share over 65%.
Asia-Pacific is the largest market, with a share over 60%, followed by Europe and North America, both have a share over 25%.
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Segment by Type
• Layer Stranding Structure OPGW
• Central Tube Structure OPGW
Segment by Application
• Below 66KV
• 66KV~110KV
• 110KV~220KV
• 220KV~330KV
• 330~500KV
• More than 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
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