Los Angeles, CA (PRWEB) January 26, 2012
Over the five years through 2011, revenue of the Optical Fiber and Cable Manufacturing industry in China increased at an average annualized rate of 19%. Domestic demand for products from this industry increased 9.2% in 2011 to $8.86 billion, according to IBISWorld, America’s largest publisher of industry research.
This high growth is due to a large number of information technology and telecommunications projects that required the industry's products. The IT and telecommunications sectors are the major markets for optical fiber and cable due to strong demand for internet and mobile phone services.
Over the five years through 2016, Optical Fiber and Cable Manufacturing industry revenue is forecast to increase at an annualized rate of 7.7% to a forecast $13.19 billion. Industry revenue growth is forecast to slow as the industry matures and domestic downstream demand slows.
For more information, including profit levels, market shares, product segmentation and more, purchase IBISWorld’s full report on the Optical Fiber and Cable Manufacturing industry in China for $825 at ibisworld.com.
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Optical Fiber and Cable Manufacturing in China – Key Report Topics
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on 200 Chinese industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.