Submarine Power Cable Market is expected to reach US$ 31.75 Bn. by 2029 with a CAGR of 7.5%, during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report Submarine power cables are used to transmit electricity below the ocean, that is, deep under the sea bed. These cables are used to transfer electricity from offshore wind turbines, tidal power projects, and onshore locations to oil rigs as well as to transmit electricity across countries or islands. The Global Submarine Power Cable Market dynamics are thoroughly studied and explained in the report, which helps reader to understand emerging market trends, drivers, restraints, opportunities, and challenges at global and regional level for the Global Submarine Power Cable Market. Submarine Power Cable Market is to transport electric current at high voltage using high voltage alternating current (HVAC) cable. The electric core is a concentric assembly of inner conductor, electric insulation and protective layers. The conductor is made from copper or aluminum wires, the latter material having a small but increasing market share. The cable are been classified into paper insulated, fluid filled and extruded plastic insulation (XLPE or EPR). The size or diameter of the cable depends upon its current carrying capacity and amount of insulating layers. The range varies from 50 mm to 1500 mm, depends upon the end-use or application. The growth of the submarine power cable power to offshore oil & gas platforms and offshore ocean laboratories have made more open opportunity. While Europe leads in growing demand for inter-country and island connections. The global submarine power cable market by offshore wind accounted for around 48% of the total market share in 2018. Offshore wind turbines produce more energy using fewer turbines when compared with conventional turbines.More than 80% of the world's offshore wind power generation capacity is installed in Europe. Most countries are shifting toward harnessing wind energy & wave energy of sea or ocean due to the increase in demand for renewable energy. Recent usage of tidal turbine to harness wave energy is also being practicing in developed nations such as U.S., Germany, France, and Denmark. Such projects required inter-relation of Submarine Power Cable Market which further also provides growth opportunity for Regions like Europe and North America are the dominating market for factors driving the growth of this region are offshore wind industry, power plants, renewable energy. Demand from offshore oil & gas operations and also rising demand for inter-country connections along with growth oil & gas industries. In recent EBRD funded in Turkey for investment in high-tech undersea cable system, In Asia – Indian company RCom that owns undersea cables is looking at revenue of $1 billion a year from 2029, Prysmian world major player in Submarine Power Cable awarded $140M project in china. The report from Maximize market research provides the detail study of the market by various segments. The report covers a geographic breakdown and a detailed analysis of each of the segments across North America, Europe, Asia Pacific, and LAMEA, and each countries under it.
Submarine Power Cable Market: Competition Landscape
The Global Submarine Power Cable Market has the presence of a large number of players. Major players in the Global Submarine Power Cable Market are concentrating on developing new technologies to facilitate the industry with lowest time and low expenditure consuming technologies. In the recent years there are many discoveries in the field of technologies with regards to Global Submarine Power Cable Market, which in turn will help the industry to grow resulting in boost to the competition too. Detailed analysis of competition, new entrants, strategic alliances, mergers and acquisition in the Global Submarine Power Cable Market is covered in the report. The report covers the market leaders and followers in the industry with the market dynamics by region. It will also help to understand the position of each player in the market by region, by segment with their expansion plans, R&D expenditure and organic & in-organic growth strategies. Long term association, strategic alliances, supply chain agreement and mergers & acquisition activities are covered in the report in detail from 2014 to 2019. Expected alliances and agreement in forecast period will give future course of action in the market to the readers. All major & important players are profiled, benchmarked in the report on different parameters that will help reader to gain insight about the market in minimum time.Submarine Power Cables Market Objective of the Report:
The objective of the report is to present a comprehensive analysis of Global Submarine Power Cable Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Submarine Power Cable Market dynamics, structure by analyzing the market segments and project the Global Submarine Power Cable Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Submarine Power Cable Market make the report investor’s guide.Scope of the Submarine Power Cables Market report: Inquire before buying
Global Submarine Power Cables Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 5 Bn. Forecast Period 2023 to 2029 CAGR: 4.5% Market Size in 2029: US $ 10 Bn. Segments Covered: by Type o Single core o Multicore by Voltage o Medium voltage o High voltage by End User o Offshore wind power generation o Inter-country and island connection o Offshore oil & gas by Conductor Material o Copper o Aluminum Submarine Power Cables Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Submarine Power Cables Market, Key Players are:
o ALE International, ALE USA Inc. o SubCom, LLC o NEC Corporation o Prysmian S.p.A o Nexans o Google LLC o Amazon.com, Inc. o Microsoft o NKT A/S o ZTT Frequently Asked Questions: 1. Which region has the largest share in Global Submarine Power Cables Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Submarine Power Cables Market? Ans: The Global Submarine Power Cables Market is growing at a CAGR of 7.5% during forecasting period 2023-2029. 3. What is scope of the Global Submarine Power Cables Market report? Ans: Global Submarine Power Cables Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Submarine Power Cables Market? Ans: The important key players in the Global Submarine Power Cables Market are – ALE International, ALE USA Inc.SubCom, LLC,Prysmian S.p.A,Google LLC,Amazon.com, Inc.,NKT A/S,ZTT. 5. What is the study period of this Market? Ans: The Global Submarine Power Cables Market is studied from 2022 to 2029.
Submarine Power Cable Market
1. INTRODUCTION 1.1 Report Description 1.1.1 Objectives of the Study 1.1.2 Market Scope 1.1.3 Years considered in the study 1.1.4 Currency 1.1.5 Stakeholders 1.2 Target Audience 1.3 Key Takeaways 2. RESEARCH METHODOLOGY 2.1 Research Methodology 2.2 Market Definition 2.3 Assumptions and Acronyms Used 2.4 Data Sources 2.4.1 Secondary 2.4.1.1 Paid 2.4.1.2 Unpaid 2.4.2 Primary 2.5 Analyst tools and models 3. EXECUTIVE SUMMARY 3.1 Submarine Power Cable Market Overview 3.1.1 Submarine Power Cable Market : By Type 3.1.2 Submarine Power Cable Market : By Voltage 3.1.3 Submarine Power Cable Market : By End User 3.1.4 Submarine Power Cable Market : By Conductor Material 3.1.5 Submarine Power Cable Market : By Region 4. SUBMARINE POWER CABLE MARKET OUTLOOK 4.1 Submarine Power Cable Market : Market Definition, Segmentation and Scope of Study 4.2 Submarine Power Cable Market : Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Submarine Power Cable Market : Competitive Analysis 4.3.1 Key Strategic Initiatives 4.3.2 Regional Presence 4.3.3 Product Overview 4.4 Submarine Power Cable Market : Porter’s Analysis 4.5 Submarine Power Cable Market : PESTEL Analysis 4.6 Submarine Power Cable Market : Product Benchmark Analysis 4.7 Submarine Power Cable Market : Company Market Share Analysis 4.8 Submarine Power Cable Market : Key Findings 4.8.1 Submarine Power Cable Market : Top Wining Strategies 4.8.2 Submarine Power Cable Market : Top Investment Pockets 4.8.3 Submarine Power Cable Market : Top Impacting Factors 5. SUBMARINE POWER CABLE MARKET, By Type 5.1 Submarine Power Cable Market : Type segment Market Share analysis 5.2 Submarine Power Cable Market : Type segment Market Size and Forecast 2019-2026 5.3 Submarine Power Cable Market by Single core 5.4 Submarine Power Cable Market by Multicore 5.5 Submarine Power Cable Market by Single core : Key Trends 5.6 Submarine Power Cable Market by Single core : Key Developments 5.7 Submarine Power Cable Market by Multi core : Key Trends 5.8 Submarine Power Cable Market by Multi core : Key Developments 6. SUBMARINE POWER CABLE MARKET, By Voltage 6.1 Submarine Power Cable Market : Voltage segment Market Share Analysis 6.2 SUBMARINE POWER CABLE MARKET : Voltage segment Market Size and Forecast 2019-2026 6.3 Submarine Power Cable Market by Medium Voltage 6.4 Submarine Power Cable Market by High voltage 6.5 Submarine Power Cable Market by Medium Voltage: Key Trends 6.6 Submarine Power Cable Market by Medium Voltage: Key Developments 6.7 Submarine Power Cable Market by High Voltage: Key Trends 6.8 Submarine Power Cable Market by High Voltage: Key Developments 7. SUBMARINE POWER CABLE MARKET, By End User 7.1 Submarine Power Cable Market : End User segment Market Share Analysis 7.2 SUBMARINE POWER CABLE MARKET : End User segment Market Size and Forecast 2019-2026 7.3 Submarine Power Cable Market by Offshore wind power generation 7.4 Submarine Power Cable Market by Inter-country and island connection 7.5 Submarine Power Cable Market by Offshore oil & gas 7.6 Submarine Power Cable Market by Offshore wind power generation: Key Trends 7.7 Submarine Power Cable Market by Offshore wind power generation: Key Developments 7.8 Submarine Power Cable Market by Inter-country and island connection: Key Trends 7.9 Submarine Power Cable Market by Inter-country and island connection: Key Developments 7.10 Submarine Power Cable Market by Offshore oil & gas: Key Trends 7.11 Submarine Power Cable Market by Offshore oil & gas: Key Developments 8. SUBMARINE POWER CABLE MARKET, By Conductor Material 8.1 Submarine Power Cable Market : Conductor segment Market Share analysis 8.2 Submarine Power Cable Market : Conductor segment Market Size and Forecast 2019-2026 8.3 Submarine Power Cable Market by Copper 8.4 Submarine Power Cable Market by Aluminium 8.5 Submarine Power Cable Market by Copper: Key Trends 8.6 Submarine Power Cable Market by Copper: Key Developments 8.7 Submarine Power Cable Market by Aluminium: Key Trends 8.8 Submarine Power Cable Market by Aluminium: Key Developments 9. SUBMARINE POWER CABLE MARKET , By Region 9.1 Submarine Power Cable Market : Region segment Market Share Analysis 9.2 Submarine Power Cable Market : Region segment Market Size and Forecast 2019-2026 9.3 North America 9.3.1 Overview 9.3.2 Submarine Power Cable Market Size and Forecast, by Type 2019-2026 9.3.3 Submarine Power Cable Market Share Analysis , by Type 2019-2026 9.3.4 Submarine Power Cable Market Size and Forecast, by Voltage 2019-2026 9.3.5 Submarine Power Cable Market Share Analysis , by Voltage 2019-2026 9.3.6 Submarine Power Cable Market Size and Forecast, by End-User 2019-2026 9.3.7 Submarine Power Cable Market Share Analysis , by End-User 2019-2026 9.3.8 Submarine Power Cable Market Size and Forecast, by Conduct Material 2019-2026 9.3.9 Submarine Power Cable Market Share Analysis , by Conduct Material 2019-2026 9.4 Europe 9.4.1 Overview 9.4.2 Submarine Power Cable Market Size and Forecast, by Type 2019-2026 9.4.3 Submarine Power Cable Market Share Analysis , by Type 2019-2026 9.4.4 Submarine Power Cable Market Size and Forecast, by Voltage 2019-2026 9.4.5 Submarine Power Cable Market Share Analysis , by Voltage 2019-2026 9.4.6 Submarine Power Cable Market Size and Forecast, by End-User 2019-2026 9.4.7 Submarine Power Cable Market Share Analysis , by End-User 2019-2026 9.4.8 Submarine Power Cable Market Size and Forecast, by Conduct Material 2019-2026 9.4.9 Submarine Power Cable Market Share Analysis , by Conduct Material 2019-2026 9.5 Asia Pacific 9.5.1 Overview 9.5.2 Submarine Power Cable Market Size and Forecast, by Type 2019-2026 9.5.3 Submarine Power Cable Market Share Analysis , by Type 2019-2026 9.5.4 Submarine Power Cable Market Size and Forecast, by Voltage 2019-2026 9.5.5 Submarine Power Cable Market Share Analysis , by Voltage 2019-2026 9.5.6 Submarine Power Cable Market Size and Forecast, by End-User 2019-2026 9.5.7 Submarine Power Cable Market Share Analysis , by End-User 2019-2026 9.5.8 Submarine Power Cable Market Size and Forecast, by Conduct Material 2019-2026 9.5.9 Submarine Power Cable Market Share Analysis , by Conduct Material 2019-2026 9.6 Latin America, Middle East and Africa 9.6.1 Overview 9.6.2 Submarine Power Cable Market Size and Forecast, by Type 2019-2026 9.6.3 Submarine Power Cable Market Share Analysis , by Type 2019-2026 9.6.4 Submarine Power Cable Market Size and Forecast, by Voltage 2019-2026 9.6.5 Submarine Power Cable Market Share Analysis , by Voltage 2019-2026 9.6.6 Submarine Power Cable Market Size and Forecast, by End-User 2019-2026 9.6.7 Submarine Power Cable Market Share Analysis , by End-User 2019-2026 9.6.8 Submarine Power Cable Market Size and Forecast, by Conduct Material 2019-2026 9.6.9 Submarine Power Cable Market Share Analysis , by Conduct Material 2019-2026 9.7 Submarine Power Cable Market by Geography : Key Trends 9.8 Submarine Power Cable Market by Geography : Key Developments 10. COMPITITIVE LANDSCAPE 10.1 Submarine Power Cable Market Share/ Positioning Analysis 10.2 Submarine Power Cable Market: Key Innovators 10.3 Submarine Power Cable Market : Company Profiles 10.3.1 Prysmian 10.3.1.1 Overview 10.3.1.2 Product/Service Portfolio 10.3.1.3 Key Financials 10.3.1.4 Strategic Initiatives 10.3.1.5 SWOT Analysis 10.3.1.6 Competitive Assessment 10.3.2 Nexan 10.3.2.1 Overview 10.3.2.2 Product/Service Portfolio 10.3.2.3 Key Financials 10.3.2.4 Strategic Initiatives 10.3.2.5 SWOT Analysis 10.3.2.6 Competitive Assessment 10.3.3 NKT Group 10.3.3.1 Overview 10.3.3.2 Product/Service Portfolio 10.3.3.3 Key Financials 10.3.3.4 Strategic Initiatives 10.3.3.5 SWOT Analysis 10.3.3.6 Competitive Assessment 10.3.4 General Cable 10.3.4.1 Overview 10.3.4.2 Product/Service Portfolio 10.3.4.3 Key Financials 10.3.4.4 Strategic Initiatives 10.3.4.5 SWOT Analysis 10.3.4.6 Competitive Assessment 10.3.5 ABB 10.3.5.1 Overview 10.3.5.2 Product/Service Portfolio 10.3.5.3 Key Financials 10.3.5.4 Strategic Initiatives 10.3.5.5 SWOT Analysis 10.3.5.6 Competitive Assessment 10.3.6 JDR Cables 10.3.6.1 Overview 10.3.6.2 Product/Service Portfolio 10.3.6.3 Key Financials 10.3.6.4 Strategic Initiatives 10.3.6.5 SWOT Analysis 10.3.6.6 Competitive Assessment 10.3.7 KEI Industries 10.3.7.1 Overview 10.3.7.2 Product/Service Portfolio 10.3.7.3 Key Financials 10.3.7.4 Strategic Initiatives 10.3.7.5 SWOT Analysis 10.3.7.6 Competitive Assessment 10.3.8 Furukawa Electric 10.3.8.1 Overview 10.3.8.2 Product/Service Portfolio 10.3.8.3 Key Financials 10.3.8.4 Strategic Initiatives 10.3.8.5 SWOT Analysis 10.3.8.6 Competitive Assessment 10.3.9 Hengtong Marine Cable System 10.3.9.1 Overview 10.3.9.2 Product/Service Portfolio 10.3.9.3 Key Financials 10.3.9.4 Strategic Initiatives 10.3.9.5 SWOT Analysis 10.3.9.6 Competitive Assessment 10.3.10 Sumitomo Electric Industries 10.3.10.1 Overview 10.3.10.2 Product/Service Portfolio 10.3.10.3 Key Financials 10.3.10.4 Strategic Initiatives 10.3.10.5 SWOT Analysis 10.3.10.6 Competitive Assessment 10.3.11 LS Cable & System 10.3.11.1 Overview 10.3.11.2 Product/Service Portfolio 10.3.11.3 Key Financials 10.3.11.4 Strategic Initiatives 10.3.11.5 SWOT Analysis 10.3.11.6 Competitive Assessment 11. CONSOLIDATION 11.1 Submarine Power Cable Market: Mergers and Acquisitions 11.1.1 Overview 11.1.2 Submarine Power Cable Market : Key Drivers – By Region 11.1.3 Submarine Power Cable Market : M&A Breakdown 11.1.3.1 Type Based 11.1.3.2 Voltage Based 11.1.3.3 End User Based 11.1.3.4 Conductor Material 11.1.3.5 Region Based 11.1.3.6 Asset & Non-Asset Based 11.1.3.7 Venture Capitalist Based 11.2 Fragmentation of Submarine Power Cable Market 11.3 Submarine Power Cable Market : Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 11.4 Submarine Power Cable Market - New/Emerging Models of Partnerships : Key Examples 11.5 Submarine Power Cable Market : New/Emerging Business Models : Key Examples 11.6 Submarine Power Cable Market - Changing Investment Paradigm : Focused areas by Key Players 11.7 Submarine Power Cable Market - Patent Analysis 12. Submarine Power Cable Market : LIST OF TABLES 13. Submarine Power Cable Market : LIST OF FIGURES