Albany, NY -- (SBWIRE) -- 01/06/2015 -- Benefiting from a surge in mobile phone users and gradual replacement of 2G by 3G and 4G in developing countries, global RF coaxial cable market size has been growing, registering an average annual growth rate of 8.4% during 2007-2013 and coming to USD 4.29 billion in 2013.

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Powerfully driven by national policies, new businesses like broadband network, new generation mobile communications, cloud computing, and high-speed information transmission are accelerating the upgrading of China's communications industry. 2G network has become very popular in China, and RF coaxial cable market in the country was worth RMB 39.63 billion in 2013.

The Ministry of Industry and Information Technology (MIIT) issued 3G licenses in 2010, TD-LTE 4G license and FDD-LTE trial license in 2013. China's mobile communications industry is transiting from 2G to 3G/4G, and 4G subscribers in China are estimated to reach 440 million in 2017, which will push three major operators into building more LTE base stations, thus further promoting the demand for RF coaxial cable. In 2014, the demand for RF coaxial cable for mobile communications approximated 560,000 km, up 8% from the previous year.

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At present, overall technological level of RF coaxial cable in China still desires to be much improved, highly homogenized in low end market and with price war as major means of competition. However, some local companies with strong R&D capabilities have achieved mass production in high-end fields, such as semi-flexible, low loss and corrugated, leading to a gradual increase in substitution for imported products.

Kingsignal Technology Co., Ltd. is a leader in the Chinese semi-flexible cable market, occupying nearly 40% market share and ranking second in low-loss cable market segment in 2013. Besides Kingsignal Technology, the Chinese semi-flexible cable market is largely dominated by foreign-funded companies.

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Jiangsu Hengxin Technology Co., Ltd., the largest supplier in the Chinese corrugated cable market, took up 36.4% market share and posted revenue of RMB 933 million from RF coaxial cable business in 2013, over 3/4 of its total revenue. The company now has RF coaxial cable for mobile communications capacity of 148,770 km/a.

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