TechNavio today launched its report, Optical Fiber Cable Market in China 2011-2015, based on an in-depth analysis focusing exclusively on China. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Networking team said: ”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.”
According to the report, one of the major drivers is the increasing government investment in fiber optic broadband network construction. When it comes to providing high-speed broadband internet and its penetration, China lags behind the developed countries across the globe and most of the Organization for Economic Development (OECD) countries. In recognition of this fact, the Chinese government has tripled the budget on broadband development in its twelfth five-year plan. Another key driver in the market is the increasing demand for optical fiber cable in the Telecom market in China.
Further, the report reveals that the increasing dependency on other countries for fiber optic preforms, a major raw material in the production of optical fiber cables, is one of the major challenges confronting the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/optical-fiber-cable-market-china-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Networking market research, please visit https://www.technavio.com/networking
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TechNavio Announces the Publication of its Research Report – Optical Fiber Cable Market in China 2011-2015
