Good Forecasts for Global Optical Fiber Cable Market
An optical fiber cable uses light wave for voice and data transmission, its data transmission capacity is 4.5 times more than conventional copper cables. So in the past several decades, we have seen that fiber optic cables are superior to traditional copper twisted-pair cable or coaxial cable because of its unique physical characteristics, allowing information to travel at speeds increasingly approaching the speed of light without interference between adjacent wavelengths. In leading market, the global drive to implement FTTx into more new venues is good news for the market of optical fiber cables. Another good trend is that the price erosion of optical fiber cables had been 10 to 15 percent annually, in result that the demand of optical fiber cable is expected to continue growing in the foreseeable future. And the growing data transmission workloads placed by high-performance computers, servers and network storage systems is helping spur growth in the market. Consequently, fiber opt...