Page 21 - 2024年光通信竞争力报告(摘要版)

8 The competitiveness report on the Top 10 competitiveness enterprises in the optical communications industry China & Global market in 2024 (18th) (Abstract Edition)

Figure 2 Market Share of Enterprises in the Global Optical Transmission and Network Access
2024年全球光传输与设备Eq企ui业pm市e场nt份Fi额eld分布

16.00%

2.23% 28.21% HUAWEI
4.31% NOKIA
2.07% 10.37% ZTE
8.21% CIENA
7.19% FiberHome
2.81% NEC
6.30% Ericsson
Sumitomo Electric
12.30% Infinera
ADVA
Others

From the perspective of the financial data competitiveness index of enterprises, as a leading enterprise in the global optical
transmission and network access equipment field, Chinese enterprise HUAWEI has opened up a gap with NOKIA (competitiveness
index: 2.0948) with a competitiveness index of 4.1060, and its leading advantage is obvious. ZTE, CIENA,FiberHome follow closely
behind, with competitiveness indexes of 1.3583, 1.3045 and 0.6836 respectively, showing strong financial competitiveness.

In 2024, with the development boom of AI, computing power and data centers, the demand for optical module devices has fully
entered a period of high growth, especially the demand for high-speed optical module devices is growing rapidly, and the optical
device industry is ushering in an opportunity period of vigorous development. In the 2024global list of optical device enterprises,
Coherent takes the top spot with a share of 15.28%. BROADCOM, Zhongji Innolight, lumentum, Accelink, and Hisense Broadband
rank among the top six on the list with market share of 10.97%, 9.38%, 10.17%, 5.58%, and 4.54%. The detailed global market share
of optical device and optical module enterprises is shown in the following figure.

2024年全球光器件企业市场份额分布
Figure 3 Market Share of Enterprises in the Global Optical Components Field

32.24% 15.28% Coherent
10.97% BROADCOM
Zhongji Innolight
2.52% 9.38% Lumentum
10.17% Accelink
1.91% Hisense Broadband
2.85% Sumitomo Electric
4.55% Eoptolink
4.54% Fujikura
Furukawa Electric
Others

5.58%

Through the analysis of the financial data competitiveness index, we can see Coherent, BROADCOM, and Zhongji Innolight rank
among the top three global optical device enterprises with competitiveness indexes of 2.2477, 2.2070, and 1.4379 respectively. In
addition to Zhongji Innolight, Chinese enterprises Accelink, Hisence Broadband and Eoptolink also rank among the top ten on the list
with financial data competitiveness of 0.7008, 0.5572 and 0.3472 respectively. However, there is still a large gap in the competitiveness
index compared with the top three enterprises, and there is still a large room for development in the future.

The Chinese optical fiber and cable market is slowing down, but there is broad development space.

With the overall network construction and digital economic development in China, the construction of 5G and the upgrade of gigabit
optical fibers have driven the continuous increase in market demand, and the total length of optical cable lines has steadily increased.
According to data released by the Ministry of Industry and Information Technology, by the end of last year, the total length of optical
cables in China reached 64.32million kilometers, an increase of 4.74 million kilometers compared with 2022, with a year-on-year
growth of about 8.0%.

In terms of China’s optical fiber and cable production, in the early stage, benefiting from the continuous growth of industry demand
and capacity expansion, the domestic optical cable production generally showed an upward trend. Since 2020, driven by 5G
investment and FTTR, the optical cable production has resumed growth. In 2021, 2022, and 2023, the optical cable production was