The global demand for OPGW Cable Market is presumed to reach the market size of nearly USD 977.25 Million by 2032 from USD 619.78 Million in 2023 with a CAGR of 5.19% under the study period 2024 - 2032.
Optical Ground Wire (OPGW) is a type of cable used in the utility industry, combining optical fibers for data transmission with traditional grounding wires on overhead power lines. OPGW cables provide both electrical grounding and a communication pathway, enhancing the efficiency of power transmission and enabling real-time monitoring of the power grid. This technology enhances the reliability and safety of electrical networks by incorporating communication capabilities into the infrastructure.
The OPGW (Optical Ground Wire) Cable market is driven by the rising demand for reliable and efficient communication infrastructure in the power utility sector. OPGW cables, combining optical fibers with traditional ground wires, serve a dual purpose by providing both data transmission capabilities and protection against lightning strikes. The growth of smart grids, digital substations, and the need for real-time monitoring in power transmission and distribution networks contribute to the expanding OPGW cable market. Additionally, the rise in renewable energy projects and the integration of communication technologies in power grids further fuel the demand for these cables. The increasing focus on grid resilience and the modernization of power infrastructure globally support the growth of the OPGW cable market, enabling utilities to enhance communication capabilities and ensure the reliability of electrical networks.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of opgw cable. The growth and trends of opgw cable industry provide a holistic approach to this study.
This section of the opgw cable market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
By Type
This section covers the regional outlook, which accentuates current and future demand for the OPGW Cable market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the OPGW Cable market include Prysmian Group, Fujikura Ltd., Furukawa Electric Co., Ltd., Sumitomo Electric Industries, Ltd., STL Tech, PT Voksel Electric Tbk., ZTT, Tratos, L S Cable & System Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . OPGW CABLE – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Application
3.7.2 Market Attractiveness Analysis By Type
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL OPGW CABLE MARKET ANALYSIS BY APPLICATION
5.1 Overview by Application
5.2 Historical and Forecast Data
5.3 Analysis by Application
5.4 Below 220 Kv Historic and Forecast Sales by Regions
5.5 220-250 Kv Historic and Forecast Sales by Regions
5.6 Above 500 Kv Historic and Forecast Sales by Regions
6 . GLOBAL OPGW CABLE MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Layer Stranding Structure Historic and Forecast Sales by Regions
6.5 Central Tube Design Historic and Forecast Sales by Regions
7 . GLOBAL OPGW CABLE MARKET ANALYSIS BY GEOGRAPHY
7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis...
