In 2017, the global operator capital expenditures turned around, relatively optimistic but uncertain. We believe that the overall communication industry in 2017 should be better than 2016, mainly due to policy promotion: operators are mixed into the first batch of pilot lists, introducing Internet giants or direct traffic management, data management transformation, and fully forming a “cloud management terminalâ€. "Closed loop, industry form is expected to reshape; and technology cycle promotion: 5G standard development key stage, overseas operators in the second half of the year to achieve commercialization. In addition, there are two reasons:
1. The global market operators' capital expenditures ushered in the turning point, and the growth rate bottomed out. We expect the global communications equipment market to continue to decline slightly by 3% in 2017, but capital expenditures are expected to bottom out in the second half of the year, 4.5G network expansion, 5G and IoT investment will start to increase;
2. The share of domestic manufacturers has increased. The global market accounts for half of the market (the wireless communication market, Huawei's market share is the first, reaching 35%; ZTE is rising steadily, from 6% in 2010 to 12%), and its performance is eye-catching.
At the same time, there are also uncertain factors: (1) The capital expenditures of the three major operators in China continue to decline. China Mobile's FDD license and radio and television wireless network investment are uncertain, and the performance of the domestic market is the pressure or pressure; (2) Communication sector The absolute valuation is in the historical median, but after the market adjustment in 2016, the relative market valuation is at a historical low.
In 2017, the domestic traditional communication market will usher in new opportunities in the wireless and cable broadband sectors:
(1) The establishment of 5G standards has entered a critical stage. Domestic enterprises such as Huawei and ZTE have begun to master the core discourse rights. In the future, the global market share will continue to increase, and patent licensing will also change from corporate expenditure to revenue;
(2) The Internet of Things has a new connection of 10 billion, becoming the next trillion market for operators. In 2017, NB-IOT will be officially commercialized. LTE-V will be fully frozen in March 2017, commercial trials will begin in the second half of the year, and even 5G will be first applied to smart cities and transportation.
(3) In terms of optical communication, China Mobile continued to develop its fixed-line network. In 2016, the number of subscribers exceeded China Unicom for the first time. In 2017, the total number of subscribers to China Telecom will be close. The demand for optical components and fiber-optic cables is still strong, with network traffic. The surge in demand for optical transmission equipment is also in the billions of dollars.
5G
5G (Fifth GeneraTIon) is the abbreviation of the fifth generation of mobile communication, and the Internet of Things is considered in the development of 5G standards. According to the 3GPP's timetable, 5G will determine the Release 15 early standard in September 2018 under the leadership of 3GPP, and determine the Release 16 final standard from the end of 2019 to the beginning of 2020, but now there are indications that 5G will arrive early!
Compared with 4G network, 5G terminal side: emphasizes the capability of chip and antenna, and multiple terminals come together; network side: C-RAN, D-RAN, macro base station networking mode is more diverse, core layer is more flat; content side : VR, 4K, Internet of Things, etc. become killer applications.
We estimate that the total investment scale of China's 5G network will reach 650 billion yuan, an increase of more than 60% compared with 4G. In 2017, 5G investment mainly focused on two directions: the theme can focus on 3GPP conferences in the year; the growth investment opportunities can focus on 5G technology layout and 5G global scale 4.5G construction and three operators' 5G wireless network optimization .
Internet of Things
In the Gartner technology maturity curve in 2014 and 2015, the Internet of Things technology achieved its summit, and the Internet of Things platform technology appeared in the 2016 curve. With the NB-IOT and LTE-V frozen in the 3GPP protocol, two of the three scenarios facing the 5G network are Internet of Things applications. The Internet of Things industry has finally ushered in the participation of communication operators, and the first large-scale commercial is just around the corner.
NB-IoT is the first carrier-class communication protocol for the Internet of Things. At present, 3GPP has officially approved the adoption of NB-IoT supporting Band 70, and Chinese operators are very active in the implementation of NB-IoT. The three major operators all said that in 2017, large-scale commercial NB-IoT will be launched, and a series of technologies such as LoRa, SigFox, Ingenu and NWave will be active to varying degrees. NB-IoT will be used in low-energy, low-information, and massively-quantized sensor networks. The areas include: 1 smart home business represented by water and electricity smart meter reading business; 2 by postbox, garbage bin, street lamp, sewer, Smart city business represented by parking space management; 3 intelligent tracking service represented by express delivery, pets, animal husbandry, and tracking of children and elderly; 4 intelligent medical service represented by wearable health equipment; 5 small-scale and long-term in other industrial fields Time data collection case or periodic control application.
Applications such as the Mobike bicycle, which has recently received attention, are also an important stage for NB-IoT performance.
The car network proprietary protocol LTE-V2X will be frozen in March 2017, or set off a theme investment boom. LTE-V is China's V2X technology with independent intellectual property rights. It is led by Huawei, Datang and other companies. The Ministry of Industry and Information Technology pushes intelligent network connection, and the high probability will adopt LTE-V. LTE-V is good for the car networking and autopilot industry chain. (1) Vehicle networking industry chain: The terminal-side vehicle terminal equipment (including LTE-V communication module, Beidou/GPS navigation module) is the first to gain, flexible, and the scale is 100 billion; network side, optimistic about the main equipment manufacturer; service On the side, mainly optimistic about the Internet of China platform and UBI insurance. (2) Autopilot industry chain: The main benefits are radar and camera sensors and high-precision maps. In addition, you can pay attention to the field of roadside transportation facilities upgrading and transformation.
Optical Communication
Fiber optic cable: The core reason for the rebound in the price of this round of fiber optic cable is the construction of China Mobile Access Network to drive the demand for fiber optic cable and the shrinkage of preform imports caused by anti-dumping. In 2017, the domestic manufacturer's 8,000 tons of optical fiber preform capacity, corresponding to fiber supply 240 million core kilometers. Considering the three demand scenarios of pessimism, neutrality and optimism, the demand for fiber optic cable in 2017 increased by 0%, 10% and 20% respectively, and the corresponding supply and demand gap rates were 0, 9.09% and 16.67% respectively. Compared with the 25% gap between supply and demand in 2016, the supply of light bars has gradually converged, and the gap still exists. In August 2017, the anti-dumping limit for the optical fiber preforms of the Ministry of Commerce expired. Currently, the market generally expects that anti-dumping will be prolonged. Pay attention to China Mobile's order collection in the second half of 2017.
Optical module: The traffic burst drive module is upgraded, and the cloud computing tide becomes a growth engine. The telecom market is under the influence of access, metro and backbone markets (4.5G pushes the base station optical module to upgrade from 6G/10G to 25G, 10G GPON and EPON will become the mainstream of the access network, and 100G will sink to the metropolitan area network) 400G or commercial scale on the backbone network in 2018), it is expected to maintain steady growth in the next few years; the digital communication market is growing rapidly under the trend of cloud computing, and the demand for 100G is rapid. According to InfoneTIcs, 65% of the current market is 10G/ 40G/100G demand has come from the data center.
Electric Deep Fryer With Timer
Deep Fryer With Timer,Deep Fat Fryer No Oil,Multi Function Air Fryer,Commercial Electric Deep Fryer
Ningbo ATAP Electric Appliance Co.,Ltd , https://www.atap-airfryer.com