HDPE Pipes in FTTx Market to Garner $2.9 Bn Globally by 2026 at 10.1% CAGR, Says Allied Market Research

Growth of the telecommunication sector in developing regions and rise in brownfield and greenfield projects in developing countries are expected to propel the growth of the global HDPE pipes in FTTx market

News provided by

Allied Market Research

Dec 04, 2019, 06:00 ET

PORTLAND, Oregon, Dec. 4, 2019 /PRNewswire/ -- Allied Market Research recently published a report, titled, "HDPE Pipes in FTTx Market by Product Type (Standard Ducts, Micro Ducts, Pathways, and Others), Industry Vertical (Telecom, Power, Transport, Building & Infrastructure, and Others), and Application Areas (Backbone, Metropolitan, and Mobile Backhaul): Global Opportunity Analysis and Industry Forecast, 2019–2026". According to the report, the global HDPE pipes in FTTx market was pegged at $1.3 billion in 2018 and is projected to reach $2.9 billion by 2026, registering a CAGR of 10.1% from 2019 to 2026.

Driving factors for the market

Growth of the telecommunication sector in developing regions and rise in brownfield and greenfield projects in the developing countries have boosted the growth of the global HDPE pipes in FTTx market. However, volatile oil prices hamper the market. On the contrary, rising power sector in developing regions is expected to create lucrative opportunities in the near future.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6194

Micro ducts segment to portray the fastest growth

The micro ducts segment is projected to register the fastest CAGR of 10.6% during the forecast period, owing to its cost-effectiveness, space-saving features, airtight enclosure for cables that provide flexibility to the cables, and the inner surface is coated with materials that protect the cables from the surrounding environment. However, the pathways segment dominated the global HDPE pipes in FTTx market in 2018, contributing around one-third of the market, owing to the growth of the commercial sector.

Telecom segment dominated the market

The telecom segment held the largest share in 2018, contributing more than one-fourth of the global HDPE pipes in FTTx market, owing to the presence of huge and rising consumer base and intense competition in the telecommunication sector. However, the transport segment is projected to manifest the fastest CAGR of 10.8% during the forecast period, owing to increase in penetration of electric mobility.

Asia-Pacific region to offer lucrative opportunities, followed by North America

The global HDPE pipes in the FTTx market across the Asia-Pacific region held the largest share in 2018, accounting for nearly half of the market. The region is expected to register the fastest CAGR of 10.6% during the forecast period, owing to growth of the power and telecommunication industry, especially in countries such as India and China. On the other hand, the market across North America is projected to register a CAGR of 9.9% during the forecast period.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6194

Major market players

Gamson India Private Limited
Nagarjuna Polymers
Mangalam Pipes Pvt Ltd
Jain Irrigation Systems Ltd.
Berila Electricals Pvt Ltd.
Eonn Plast India
Alex Pipe India Pvt Ltd.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

PET Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

Polyethylene Insulation Materials Market - Global Opportunity Analysis & Industry Forecast, 2015-2023

PPE Gloves Market - North America Opportunity Analysis and Industry Forecast, 2018-2025

Pre-book Offer 10% Discount:

Rubber Hose Market - Global Opportunity Analysis and Industry Forecast, 2019- 2026

Silicon Carbide Ceramics Market - Global Opportunity Analysis and Industry Forecast, 2019-2026

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research