Fiber optic cables are currently widely used in the current network era. Long-distance trunk transmission, fiber-to-the-home, and future 5G applications will all drive the development of fiber optic cables in the next 10 years. According to relevant reports, the demand for optical fiber in all regions of the world has grown at a double-digit rate from 2000 to 2015. Among them, China's optical fiber and cable production and demand have been among the highest in the world in recent years. In 2015, the global optical fiber and cable production was 384 million core kilometers, and China accounted for more than half of the world's total. In 2016, the total global demand for optical fiber and cable reached 425 million core kilometers, and China accounted for 57%, and will continue to grow. The main reason is the increase in demand for optical fiber brought about by broadband upgrades. In 2016, the global optical fiber and cable market grew at a rate of about 11%. As the world's largest optical fiber and cable market, China played an important role in this market, with a growth rate exceeding that of all other markets in the world, reaching 57%. The demand growth of the three major operators also reached more than 50%. It is observed that the current demand for optical fiber and cable is mainly driven by the construction of fiber-to-the-home, but there is a time node for the construction of fiber-to-the-home. At present, the construction of fiber-to-the-home in some countries has reached saturation, and the demand for optical fiber has begun to decline. Although this situation will not happen in China in the next few years, as major cities in China have completed optical fiber transformation one after another, the growth rate of demand for optical fiber and cable will inevitably slow down, which may have a negative impact on the future development of the optical fiber and cable industry. On the other hand, although the submarine cable market is relatively small, CRU expects that submarine cables will usher in a relatively strong growth momentum, and submarine cables have high added value. It can be foreseen that the demand for submarine cables will enter a period of rapid growth. It is reported that the demand for submarine cables reached a new peak in 2016. There are currently three major submarine cable projects under construction around the world, including the Arctic submarine optical fiber network construction project, which has an installation capacity of 15,000 kilometers and is the world's largest submarine cable network. After completion, it will connect Asia and Western Europe through Canada and Alaska, USA. CRU currently monitors 30 projects under construction, each of which is more than 1,000 kilometers long. Some Internet giants such as Google, Amazon, and Facebook are investing in the construction of submarine cables, so submarine cables will continue to grow rapidly. |
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