2019 Optical Cable Demand Forecast
CRU estimate global optical cable consumption on a fibre-km basis contracted by almost 7% y/y in 2019, marking the second weakest year in CRU's records. In terms of market value, we estimate this fell more in the region of 24% y/y. This is driven by weaker than expected demand across many of the key consuming markets globally, explored briefly below, but in far greater detail in CRU's Metallic Wire and Cable Market. 1 billion, is growing due to rising high-speed connectivity needs, 5G deployment, and expansions in data centers and smart cities. Com adds "Fiber-optic Cable Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025" To Its Research Database. Global Outlook – By Fiber Material ( Glass Optical Fiber, Plastic Optical Fiber), By Product Type ( Single-mode Cable, Multi-mode Cable), By Application ( Telecom, Oil And Gas, Military And Aerospace, BFSI, Medical, Imaging, Railway, Other Applications) – Market Size, Trends, Strategies, and.
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