ElectroniCast: U.S. OSP fibre optic cable duct market to reach nearly $1.47billion by 2027
Market and technology research consultancy ElectroniCast Consultants has released its latest market forecast report covering the non-aerial deployed Outside Plant (OSP) fibre optic cable ducts in America. The report’s findings indicate that the combined consumption value of (main) ducts and mini/inner ducts used in (non-aerial) outside plant (OSP) for the purpose to accommodate fibre optic cable in the U.S. reached $996.5million last year, and is forecast to reach nearly $1.47billion in 2027.
The company’s study covers the consumption two major product categories in the below-grade OSP fibre duct market: larger conduit (main ducts) and smaller micro/innerducts in the U.S. The market forecast is also segment by end-user applications: access and service providers, as well as ducts placed in trenches for customer owned OSP.
Stephen Montgomery, director of the Fiber Optics group at ElectroniCast said of the findings: ‘The growing demand for durable, easier to use and more affordable conduits (main ducts), as well as micro- and innerducts, in the U.S. represents a growth opportunity for duct suppliers. Partnerships among interconnect apparatus equipment and various device manufacturers are becoming critical for broader implementation of optical fibre in private and in the public communication networks.