American Fiber Optics Group, Inc., a wholly owned subsidiary of Capstone Technologies Group Inc. (OTC PINK: CBLY) announces today that it has executed an equipment contract with PPB Engineering and Systems Designs, Inc., who has more than 20 years' experience in working for and with the best fiber manufacturers in the world, to supply their highly respected and state-of-the-art Optical Fiber Preform equipment that will be the foundation for AFO's new Fiber Optical Cable venture in the Detroit, Michigan area beginning in 2017.
PALMETTO, FL--(Marketwired - Dec 8, 2016) - American Fiber Optics Group, Inc.,a wholly owned subsidiary of Capstone Technologies Group Inc. (OTC PINK: CBLY), is currently in the process of building an optical fiber preform manufacturing facility to be located in a strategic location that has existing unused manufacturing facilities, such as the Detroit, Michigan area or another suitable location. This facility will be a state-of-the-art facility using USA technology to manufacture optical fiber preforms that will be used to manufacture fiber optic cable for US and Worldwide markets.
China Bilingual Technology & Education Inc. has been focused on bilingual and language technology for over 20 years. Our bilingual platform has helped thousands in international businesses, with the main focus on the US. As of late we have seen the demand for fiber optic cabling in the more remote parts of Asia, to not only bring basic Internet and cell phone service, but to also help international commerce. To be part of this demand we searched the world looking for a manufacturer of fiber optic cabling and realized that it is very scarce.
The Global Fiber Optic Cable Industry 2016 Market Research Report provides a comprehensive overview of the worldwide fiber optic cable market with analysis of 2011-2016 historical data as well as 2016-2021 forecasts. Global Fiber Optic Cable Market 2016 Industry Research Report is spread across 152 pages, profiles 18 companies and the Fiber Optic Cable market analysis in this study is supported with 241 tables and figures on the industry and its players. This is the latest Fiber Optic Cable market study that is comprehensive in nature, details the current state of the industry while providing a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Fiber Optic Cable market analysis is provided for the international markets, including development trends, competitive landscape analysis, and key regions development status.
The global fiber optics market to grow at a CAGR of 9.49% during the period 2016-2020. Fiber optics is a technology that uses thin strands of glass or plastic, known as optical fibers, to carry information between two places using light. An optical fiber is a thin cylinder of dielectric material capable of transmitting messages using light waves as the mode of transmission and the principle involved is total internal reflection. According to the report, the growing demand for increased network bandwidth is the primary growth driver for this market. With the proliferation of mobile computing devices, such as smartphones, tablets, and wearables with new capabilities, and the emergence of disruptive technologies that shift the bandwidth usage, the need for fiber optics is envisaged to increase rapidly during the forecast period.