Industry Analysis & Industry Trends
In 2011, industry revenue is expected to increase 8.5% to $9.94 billion. Over the five years through 2011, industry revenue is forecast to increase at an average annualized rate of 21%. Domestic demand for products from this industry is also expected to increase 7.5% in 2011 to $9.74 billion. This high growth is due to a large number of information technology and telecommunications projects that required the industry's products. The information technology and telecommunications sectors are the major markets for optical fiber and cable due to strong demand over the past five years for internet and mobile phone services. Power generation, exports and other industries are the other markets for this industry.... purchase to read more
Industry Report - Industry Analysis Chapter
The Optical Fiber and Cable Manufacturing industry performed very strongly over the past five years. Industry revenue is expected to increase at an annualized 21.0% in the five years through 2011 due to strong demand from China's telecommunications sector.
In 2011, revenue is expected to increase 8.5% from 2010, to about $9.94 million. Both an increase in exports and a decrease in imports indicate industry players are paying more attention to the world market to explore new sales channels.
Strong past performance
With the slowing pace of 3G and broadband network construction in China in 2010, market demand for optical fiber and cable is expected to slow slightly during the year... purchase to read more