China's Fiber Optic Cable Industry Market Will Reach 231.6 Billion Yuan In 2018

- Aug 15, 2018-

China's fiber optic cable industry market will reach 231.6 billion yuan in 2018

 

With the increase in demand in the Chinese market and the investment of operators in access networks, the global fiber market has grown by more than 250% in the past decade. In just a few years, China has become the largest fiber market in the world. In 2016, global fiber optic cable shipments were around 468 million core kilometers, with a demand of 425 million core kilometers, while the largest power of capacity and demand came from the Chinese market. In 2017, China's fiber optic cable demand accounted for about 57% of the global share, and China's fiber optic cable manufacturing power has established its position.

 

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Looking ahead, in 2018, China's fiber optic cable industry market will reach 231.6 billion yuan; by 2023, the industry market size is expected to reach 328.9 billion yuan.

 

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