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Stock impact report

Cable Blowing Equipment Market size is set to grow by USD 42.34 mn from 2024-2028, growing fiber optic deployment boost the market- Technavio [Yahoo! Finance]

SUMITOMO ELEC INDUS ADR (SMTOY) 
NASDAQ:AMEX Investor Relations: global-sei.com/ir
Company Research Source: Yahoo! Finance
The market is estimated to grow at a CAGR of 4.94% during the forecast period. The global cable blowing equipment market is experiencing growth due to the increasing deployment of fiber optic cables for telecommunications and data transmission. With the rise of Fiber-to-the-Home (FTTH), 5G, and FTTx technologies, including FTTP, FTTC, and FTTB, there is a surging demand for high-speed Internet and data services. Cable blowing equipment, which utilizes compressed air or other methods to efficiently install fiber optic cables through ducts with minimal damage, is essential for meeting this demand. The BharatNet broadband network in India , supported by the Ministry of Finance and the Government of India , is a significant investment in expanding fiber optic networks. Video technology and Over-the-top (OTT) content also contribute to the increasing need for reliable and scalable cable infrastructure. Microducts are another important factor in the efficient installation of fiber optic cab Show less Read more
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