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The US market research institute QYResearch recently released a submarine optical fiber cable market report that from 2018 to 2025, the annual compound growth rate of global submarine optical fiber cable is about 4%.
According to the report, the global submarine fiber optic cable market demand was $2.
67 billion in 2017, and this figure is expected to increase to $3.
66 billion
by 2025.
Submarine fiber optic cables (also known as submarine communication cables) are components similar to cables, but contain one or more fibers
that carry data capacity.
Fiber optic elements are usually individually coated with a plastic layer and contained in
protective tubes suitable for the environment in which the cable will be unfolded.
Submarine optical fibers are laid on the seabed and are used to establish telecommunications
between countries and islands.
Currently, Alcatel-Lucent is a global leader in submarine fiber optic cable projects, with a 26.
18% production market share
in 2016.
In 2016, the global submarine fiber and cable consumption market, led by Europe, was the largest regional consumer market, accounting for about 25.
53% of the market share
.
The growth of global submarine cable demand is mainly due to the growth of demand in the deep sea area, which accounts for 76.
65%
of the total downstream consumption of global submarine optical cable.
From the perspective of enterprises, Alcatel-Lucent, Prysmian, Nexans, TE Subcom, NEC of Japan, Corning Cable, Hengtong Optoelectronics, Fujikura Cable, CommScope Cable, Zhongtian Cable and Belden Cable will become the world's leading submarine fiber optic cable technology suppliers
.
The US market research institute QYResearch recently released a submarine optical fiber cable market report that from 2018 to 2025, the annual compound growth rate of global submarine optical fiber cable is about 4%.
According to the report, the global submarine fiber optic cable market demand was $2.
67 billion in 2017, and this figure is expected to increase to $3.
66 billion
by 2025.
Submarine fiber optic cables (also known as submarine communication cables) are components similar to cables, but contain one or more fibers
that carry data capacity.
Fiber optic elements are usually individually coated with a plastic layer and contained in
protective tubes suitable for the environment in which the cable will be unfolded.
Submarine optical fibers are laid on the seabed and are used to establish telecommunications
between countries and islands.
Currently, Alcatel-Lucent is a global leader in submarine fiber optic cable projects, with a 26.
18% production market share
in 2016.
In 2016, the global submarine fiber and cable consumption market, led by Europe, was the largest regional consumer market, accounting for about 25.
53% of the market share
.
The growth of global submarine cable demand is mainly due to the growth of demand in the deep sea area, which accounts for 76.
65%
of the total downstream consumption of global submarine optical cable.
From the perspective of enterprises, Alcatel-Lucent, Prysmian, Nexans, TE Subcom, NEC of Japan, Corning Cable, Hengtong Optoelectronics, Fujikura Cable, CommScope Cable, Zhongtian Cable and Belden Cable will become the world's leading submarine fiber optic cable technology suppliers
.
