Submarine Power Cable Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The submarine power cable market is expected to witness significant growth over the next few years due to the growing demand in the offshore wind sector, as the growing demand for cross-border and offshore power connections has increased the demand for submarine power cables worldwide. is. However, the high maintenance and repair work required for submarine cables is expected to act as a constraint on the submarine power cable market.

Major participants across the submarine power cable market include Prysmian, ZTT, Furukawa Electric, Nexans, KEI Industries, NKT, TF Kable, LS Cable & Systems, ABB, Kelani cables, Hengtong Marine Cable Systems, Intertek Group, Sumitomo Electric and Ningbo Orient wires & cables.

Submarine Power Cable Market- Segmentation

By Type

• Single core
• Multicore

By Voltage

• Medium voltage
• High voltage

By End-User

• Offshore wind power generation
• Inter-country and island connection
• Offshore oil & gas

By Conductor Material

• Copper
• Aluminum

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Submarine Power Cable Market.

• The market share of the Submarine Power Cable Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.

• Current and future market trends that are influencing the growth opportunities and growth rate of the Submarine Power Cable Market.

• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Submarine Power Cable Market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Submarine Power Cable Market Report

• What was the Submarine Power Cable Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Submarine Power Cable Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Submarine Power Cable Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.