What is Global Aluminum Central Tube OPGW Market?
The Global Aluminum Central Tube OPGW Market is a specialized sector within the broader market of optical ground wire (OPGW) products. OPGW is a type of cable that is used in the overhead transmission lines for the purpose of lightning protection and communication. The 'Aluminum Central Tube' in the name refers to the design of these cables, where the optical fibers are placed in a tube made of aluminum at the center of the cable. This design is known for its high mechanical strength and superior protection of the optical fibers, making it a preferred choice for many industries. The global market for these products is vast and diverse, with numerous applications across various sectors. However, the primary demand for Aluminum Central Tube OPGW comes from the power transmission industry, where these cables are used in high voltage overhead transmission lines. The market is driven by the increasing demand for reliable and efficient communication systems in the power transmission industry, along with the growing need for lightning protection in overhead transmission lines.
24 Cores, 36 Cores, 48 Cores, Others in the Global Aluminum Central Tube OPGW Market:
The Global Aluminum Central Tube OPGW Market is segmented based on the number of cores in the cable, namely 24 Cores, 36 Cores, 48 Cores, and Others. Each of these segments caters to different requirements and applications. The 24 Cores segment, for instance, is commonly used in smaller transmission lines where the communication requirements are relatively low. On the other hand, the 36 Cores and 48 Cores segments are used in larger transmission lines where the communication requirements are high. The 'Others' segment includes cables with a different number of cores, catering to specific requirements of certain applications. The choice of the number of cores in the cable depends on various factors such as the communication requirements, the length of the transmission line, the environmental conditions, and the budget of the project.
Below 66 KV, 66 KV to 110 KV, Above 110 KV in the Global Aluminum Central Tube OPGW Market:
The usage of Global Aluminum Central Tube OPGW Market is categorized based on the voltage level of the transmission lines, namely Below 66 KV, 66 KV to 110 KV, and Above 110 KV. The Below 66 KV segment includes transmission lines with a voltage level below 66 KV. These are typically used in rural areas and small towns where the power demand is relatively low. The 66 KV to 110 KV segment includes transmission lines with a voltage level between 66 KV and 110 KV. These are commonly used in urban areas and large towns where the power demand is high. The Above 110 KV segment includes transmission lines with a voltage level above 110 KV. These are used in large cities and industrial areas where the power demand is extremely high. The choice of the voltage level depends on various factors such as the power demand, the distance of the transmission, and the infrastructure of the area.
Global Aluminum Central Tube OPGW Market Outlook:
The Global Aluminum Central Tube OPGW Market has shown significant growth in recent years. As per the market outlook, the market was valued at US$ 205 million in 2022. The market is expected to grow at a steady pace, with an anticipated value of US$ 273.3 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period from 2023 to 2029. This growth can be attributed to the increasing demand for reliable and efficient communication systems in the power transmission industry, along with the growing need for lightning protection in overhead transmission lines. Furthermore, the advancements in technology and the increasing investments in the power transmission infrastructure are expected to drive the growth of the market in the coming years.
| Report Metric | Details |
| Report Name | Aluminum Central Tube OPGW Market |
| Accounted market size in 2022 | US$ 205 million |
| Forecasted market size in 2029 | US$ 273.3 million |
| CAGR | 4.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | ZTT, Fujikura, Tongguang Cable, Shenzhen SDGI, Prysmian Group, Hengtong Group, Furukawa, LS Cable & System, Hiteker Cable, Sichuan Huiyuan, Elsewedy Electric, Taihan, J-Power Systems, Tratos |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
