Pune, India -- (SBWIRE) -- 10/26/2018 -- "Our latest research report entitled OPGW Cable Market (by applications (below 220 KV, 200-500 KV and above 500 KV), type (layer stranding structure and loose tube structure)) provides complete and deep insights into the market dynamics and growth of OPGW Cable. Latest information on market risks, industry chain structure OPGW Cable cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential OPGW Cable growth factors.

The forecast OPGW Cable Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, OPGW Cable on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report."

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Sterlite Power's OPGW Facility Received 17025: 2005 Accreditation by NABL

In April 2018- Sterlite Power's Optical Ground Wire (OPGW) facility in Silvassa has been granted a prestigious accreditation by National Accreditation Board for Testing and Calibration Laboratories (NABL).

This is for the first time that an OPGW laboratory in India has received this rating for testing OPGW cables, ACS Wires, Alloy Wires, and Optical Fibres.

Manish Agarwal, CEO, Solutions Business, Sterlite Power said: "The accreditation by NABL gives our customers the assurance that the equipment used and product provided has passed the highest standards. This certification demonstrates our commitment to deliver reliable products and to constantly improve the development processes."

Real-Time Monitoring and Security of the Transmission System Promote Growth in the OPGW Cable Market

Rising demand for electricity to meet the increasing utilities of electricity drives the growth of the OPGW market. Moreover, increasing the transmission and distribution channel along with up gradation of the existing wire with static shield earth wires boosts the growth of the optical ground wire cable market. However, the high cost of installation are likely to restrain the growth of the market over the forecast period. Furthermore, widespread utilities for the adoption of OPGW cables by the electric utility companies are anticipated to positively affect the growth of the OPGW market. On the other hand, growing demand for high-speed internet, especially in the growing economies, are driving the demand for OPGW cables. The development of smart energy management systems is the need of the hour and is aimed at improving the escalating demands from today's power infrastructures. For instance, in April 2018, the Department of Telecommunications (DoT) in India announced plans to increase the minimum speed requirement for internet services to be classified as broadband to 2 Mbps from the previous 512 Kbps, in the wake of the growing high-speed internet demand.

Asia Pacific Region to Contribute To Growth in the Global OPGW Cable Market

Asia Pacific is anticipated to be the fastest growing region for the OPGW market followed by North America. The growth in the Asia Pacific market is due to the increasing demand for electricity from the countries such as India and China. Electricity is one of the fastest growing forces for the end use of energy. According to the International Energy Agency (IEA), about two-thirds of the energy growth comes from countries in Asia such as India and China.

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