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Strong demand for ribbon cables: The global market is expected to reach $4.37 billion by 2025

2023-01-11

Recently, The Insight Partners, a technology market research organization, released a market research report on ribbon optical cables. According to the report, the global ribbon optical cable market is expected to reach $4.37 billion by 2025, with a compound annual growth rate of 8.9%.


The explosion of traffic boosts demand


At present, with the vigorous development of multimedia applications such as high-definition video and telephone conferences, people's requirements for network transmission rate are getting higher and higher, therefore, people began to use a large number of multi-core optical cables in LANs, backbone wiring in buildings, data centers and other fields to cope with high bandwidth and high-density network needs, and ribbon optical cables are a common multi-core optical cable, which has the advantages of large number of cores, small size, high density, fast connection, easy maintenance, etc., and is a commonly used type of optical cable in modern data centers.


In the future, the increasing deployment of data centers around the world has led to an increase in the use of ribbon cables. The technology of instant data transmission requires high-bandwidth media for propagation, and high-bandwidth requirements require ribbon cables. In addition, due to the development trend of cloud computing, big data and the Internet of Things, ribbon optical cables will usher in explosive growth in the era of Internet data explosion.


Access networks promote strong demand


At the same time, ribbon optical cables are also widely used in access networks. The number of optical fibers in the access network optical cable is large, usually from tens to hundreds of cores, and then up to several thousand cores. Optical cables with a large number of cores require to solve two problems, one is that the density of optical fibers in the optical cable should be large to limit the volume of the optical cable. The second is to solve the problem of simple fiber connection to save engineering costs. Therefore, the use of ribbon optical cables can well solve the above two problems.


According to the previous strip optical cable centralized procurement scale of China Unicom's 15.34 million core kilometers and China Mobile's 12.49 million core kilometers, it can be seen that operators are continuing to make efforts in the construction of optical communication access networks. The FTTX market is still the focus of competition for operators, and the construction of access networks may exceed expectations.


In recent years, major manufacturers at home and abroad have continued to expand production, and have moved upstream to expand optical fiber production capacity, and gradually turned to overseas markets. Densely populated Asia-Pacific markets, emerging markets such as Brazil, Russia, India, Africa, and Latin America will become new breakthrough points.


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