The Submarine Power Cable Market size was valued at USD 10.7 Billion in 2023 and the total Submarine Power Cable revenue is expected to grow at a CAGR of 15.32% from 2024 to 2030, reaching nearly USD 29.02 Billion by 2030 due to accelerating Green Energy Deployment with Submarine CablesSubmarine Power Cable Market Overview:
The Submarine Power Cable plays a pivotal role in modern communication and energy transmission infrastructure, with submarine cables serving as essential conduits for international connectivity. These cables are submerged underwater, typically laid on the ocean floor, facilitating data and voice transfer across continents and islands. Their significance cannot be overstated, as they offer cost-effective and rapid transmission compared to satellite alternatives. The historical importance of submarine cables, noting their status as one of the earliest and most crucial applications of maritime technology. They emphasize the enduring relevance of these cables in facilitating global communication networks. Additionally, the preference for submarine fiber optic cable systems over satellite solutions, citing economic and technological advantages. This preference is evidenced by the fact that over 95% of international communications rely on submarine fiber-optic cables in the Submarine Power Cable Market.To know about the Research Methodology :- Request Free Sample Report The modern Submarine Power Cable Market boasts an extensive network of over 500,000 cables connecting various continents, islands, and countries worldwide. These cables are instrumental in supporting not only communication but also the transmission of power across vast distances beneath the ocean's surface. In this dynamic market landscape, several key companies contribute to the design, manufacturing, installation, and maintenance of submarine power cables market growth. These companies demonstrate expertise in marine engineering, cable manufacturing, and telecommunications infrastructure. They play essential roles in expanding and enhancing global connectivity and energy transmission capabilities. On October 1, 2023, UK businesses, led by BAE Systems, Rolls-Royce, and Babcock, secured USD 4.28 billion in contracts for the Detailed Design and Long Leads (D2L2) Phase, marking a milestone in the AUKUS program. The contracts will advance the design, prototyping, and procurement of main long-lead components for the first UK submarines, supporting thousands of skilled jobs and bolstering the domestic supply chain. The submarines, known as SSN-AUKUS, will replace the Astute-Class vessels and be the largest, most advanced attack submarines ever operated by the Royal Navy. Construction will primarily occur in Barrow-in-Furness, with the aim of service entry in the late 2030s.
Submarine Power Cable Market Dynamics:
Accelerating Green Energy Deployment with Submarine Cables The Submarine Power Cable Market is the rapid expansion of offshore renewable energy sources, such as wind, wave, and tidal installations. The need for export cables to bring renewable energy ashore has significantly increased the demand for high-voltage (HV) submarine power cables. For example, the development of offshore wind farms in regions like Asia and Europe has created substantial demand for HV submarine cables, both for alternating current (HVAC) and direct current (HVDC) transmission. An illustrative example is the Baltic Sea Submarine Cable, which connects Finland, Sweden, and Estonia with Germany, facilitating the transmission of renewable energy generated offshore to onshore grids. Another driving factor is the growing emphasis on reducing CO2 emissions, which has accelerated the deployment of green energy initiatives. Submarine cables play a crucial role in this transition by enabling the efficient transmission of renewable energy from offshore installations to mainland grids. For instance, external network submarine energy cables transfer power from offshore wind turbines to onshore substations, while internal network cables connect individual turbines to offshore or onshore substations. These cables, commonly insulated with extruded cross-linked polyethylene (XLPE), offer reliable operation and maintenance, facilitating the integration of renewable energy into existing power grids. The Submarine Power Cable Market is driven by the increasing connectivity requirements among countries and regions. Submarine cables serve as vital infrastructure for international power connections, facilitating energy exchange and cooperation across borders. Additionally, in industries such as oil and gas, submarine cables are essential for powering offshore platforms, including floating production storage and offloading (FPSO) units and fixed platforms. These cables are designed to withstand dynamic submarine environments and cover vast distances and water depths, ensuring reliable power transmission for extended periods. 1. On September 4, 2023, Dow and Shanghai Qifan Cable Co., Ltd. have inked a strategic Memorandum of Understanding (MoU) at Wire China 2023, aiming to collaborate on innovative solutions for submarine cables. The partnership focuses on supporting offshore wind power development to hasten the global transition to renewable energy sources. Dow will provide ENDURANCE™ compounds for Qifan Cable's HVAC and HVDC submarine cables, ensuring high performance, longevity, and increased operating temperatures of up to 90°C. ENDURANCE™ HFDD-4201SC enhances reliability with superior cleanliness standards, while ENDURANCE™ HFDB-4401UDC boosts production efficiency and shorter manufacturing cycles hich drives the submarine power cable market. The Role of the European Subsea Cables Association in Safeguarding Critical Infrastructure and Fueling Market Growth The European Subsea Cables Association serves as a crucial forum for companies involved in the ownership, operation, and servicing of submarine cables in European and surrounding waters. With its primary goal being the promotion of marine safety and the protection of submarine cables from various hazards, the association facilitates an exchange of technical and legal information among its members while ensuring that individual commercial interests are respected. By liaising with relevant stakeholders affected by the installation and operation of submarine cables, the association ensures a comprehensive approach to safeguarding these critical infrastructure components. Additionally, through funding projects deemed beneficial for the protection of submarine cable systems and participating in industry events and conferences, the association actively contributes to advancing safety standards and best practices in the industry. One significant opportunity arising from the deployment of submarine cables lies in the expansion of offshore renewable energy sources, particularly offshore wind power generation. As remote islands seek cleaner energy alternatives and aging power generation facilities require modernization, there is a growing demand for submarine cables to transmit electricity from offshore wind farms to mainland grids. Companies specializing in submarine cable manufacturing and installation can leverage this opportunity by developing cables with superior fatigue resistance and mechanical performance tailored to the specific requirements of offshore renewable energy projects. Moreover, the versatility of submarine cables extends beyond power transmission, presenting opportunities for diversification into new applications. These cables play crucial roles in telecommunications, carrying telecommunication signals across oceans and seas to connect different regions globally. Additionally, they are repurposed for ocean current measurement, contributing to scientific research and environmental monitoring efforts. Companies in the Submarine Power Cable Market can explore these alternative applications to broaden their market reach and capitalize on emerging opportunities in adjacent industries. 1. The 6th Programme Committee Meeting at Taranto Military shipyard, attended by OCCAR-EA Director Joachim Sucker and Vice Admiral Giuseppe Abbamonte, focused on advancing the implementation of a cutting-edge Lithium Battery System (LBS) for submarines. The successful prototype testing marked a milestone in adopting advanced and sustainable power storage solutions, enhancing submarines' operational efficiency, propulsion, and endurance while ensuring onboard safety. Additionally, the meeting addressed the activation roadmap for the NFS 4 optional package, expanding the submarine fleet to four boats and ensuring comprehensive logistic and in-service support, showcasing Italy's commitment to maritime defense technology advancement.Submarine Power Cable Market Segment Analysis:
Based on types, the market is divided into AC (alternating current) and DC (direct current). DC cables have emerged as the dominant type in 2023 and continue their dominance in the submarine power cable market forecast period due to their specific advantages, particularly in long-distance transmission and the interconnection of renewable energy sources. Direct current (DC) submarine power cables have gained dominance in recent years, largely due to their lower transmission losses over extended distances compared to AC cables. DC cables are well-suited for intercontinental power transmission and large-scale renewable energy integration projects, such as offshore wind farms. The ability of DC cables to transmit power efficiently over long distances makes them a preferred choice for projects requiring extensive underwater cabling infrastructure. One of the key factors contributing to the dominance of DC cables is the advancements in HVDC (high-voltage direct current) technology. HVDC systems allow for efficient transmission of large amounts of power over long distances with minimal losses, making them ideal for submarine power transmission. These systems utilize converters to convert AC power into DC for transmission and then back into AC at the receiving end, enabling seamless integration into existing power grids. In addition to their efficiency in long-distance transmission, DC cables offer other advantages over AC cables. They are less susceptible to voltage drops and electromagnetic interference, making them more reliable for underwater power transmission. Furthermore, DC cables require fewer conductors and can operate at higher voltages, resulting in smaller cable sizes and reduced installation costs in the submarine power cable market. While AC cables remain important for certain applications, such as short-distance connections and grid interconnections, the dominance of DC cables in the Submarine Power Cable Market reflects the growing demand for efficient, reliable, and sustainable energy transmission solutions. As the global transition to renewable energy accelerates, the role of DC submarine power cables will continue to expand, driving innovation and investment in this vital sector of the energy infrastructure. Competitive Landscape: The submarine power cable market is characterized by key players from various regions, including Prysmian Group from Italy and Nexans SA from France, leading the market with their extensive experience and technological expertise. Other notable players such as Hydro Group plc and JDR Cable Systems from the United Kingdom, as well as Brugg Kabel AG from Switzerland, contribute to the market's competitiveness with their innovative solutions and strong market presence. Additionally, companies from Asia, including Sumitomo Electric Industries, LS Cable & System Ltd., and Hengtong Group Co., Ltd., along with emerging players from China such as ZTT Group and Ningbo Orient Wires & Cables Co., Ltd., further intensify competition with their expanding global footprint and advancements in submarine cable technology. 1. Prysmian Group secures a USD 1.18 billion agreement with 50Hertz for the NOR-11-1 submarine and DC31 underground cable projects in Germany. The contracts, part of Germany's offshore wind expansion goals, aim to transmit energy from the North Sea to southern and eastern regions. Prysmian will design, manufacture, and install around 1,000 km of ±525 kV HVDC cables, leveraging its expertise and state-of-the-art vessels for marine installations. The projects reinforce Prysmian's role in enabling the energy transition and expanding its presence in the European market, supporting the growth of green energy utilization.Scope of the Submarine Power Cables Market report: Inquire before buying
Global Submarine Power Cables Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 10.7 Bn. Forecast Period 2024 to 2030 CAGR: 15.32% Market Size in 2030: US $ 29.02 Bn. Segments Covered: by Type AC DC by Core Type Single Core Multi-Core by Voltage Up to 66 KV 66 KV-220 KV Above 220 KV by End User Offshore Wind Power Generation Offshore Oil & Gas Island Connection Wave & Tidal Power Generation Submarine Power Cable Market, by Region:
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Russia, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, ASEAN, and the Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A) South America (Brazil, Argentina Rest of South America)Submarine Power Cable Market, Key Players:
Major Contributors in the Submarine Power Cable Market in Europe: 1. Prysmian Group (Italy) 2. Nexans SA (France) 3. Hydro Group plc (United Kingdom) 4. JDR Cable Systems (United Kingdom) 5. Brugg Kabel AG (Switzerland) 6. TF Kable (Poland) 7. Caledonian Cables Ltd. (United Kingdom) 8. NKT A/S (Denmark) 9. Hellenic Cables S.A. (Greece) Major Leading Players in the Submarine Power Cable Market in Asia Pacific: 1. VISCAS Corporation (Japan) 2. Sumitomo Electric Industries, Ltd. (Japan) 3. Furukawa Electric Co., Ltd. (Japan) 4. LS Cable & System Ltd. (South Korea) 5. Hengtong Group Co., Ltd. (China) 6. ZTT Group (China) 7. Ningbo Orient Wires & Cables Co., Ltd. (China) 8. KEI Industries Limited (India) 9. ZMS Cable Group (China) Major Leading Players in the Submarine Power Cable Market in Asia Pacific: 1. Dubai Cable Company (Ducab) (United Arab Emirates) FAQs: 1. What are the growth drivers for the Submarine Power Cable Market? Ans. The increasing deployment of offshore renewable energy sources, such as wind, wave, and tidal installations, drives the demand for submarine power cables. These cables are essential for transmitting electricity generated offshore to mainland grids, supporting the growth of renewable energy projects. 2. What are the major restraints for the Submarine Power Cable Market growth? Ans. Price sensitivity among consumers may limit the market penetration of Submarine Power cables due to their higher cost. 3. Which region is expected to lead the global Submarine Power Cable Market during the forecast period? Ans. Europe is expected to lead the global Submarine Power Cable Market during the forecast period. 4. What is the projected market size and growth rate of the Submarine Power Cable Market? Ans. The Submarine Power Cable Market size was valued at USD 631.61 Billion in 2023 and the total revenue is expected to grow at a CAGR of 15.32% from 2024 to 2030, reaching nearly USD 1082.47 Billion by 2030. 5. What segments are covered in the Submarine Power Cable Market report? Ans. The Submarine Power Cable report covers Type, Core Type, Voltage, End-Use, and Region.
1. Submarine Power Cable Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Submarine Power Cable Market: Dynamics 2.1. Submarine Power Cable Market Trends by Region 2.1.1. North America Submarine Power Cable Market Trends 2.1.2. Europe Submarine Power Cable Market Trends 2.1.3. Asia Pacific Submarine Power Cable Market Trends 2.1.4. Middle East and Africa Submarine Power Cable Market Trends 2.1.5. South America Submarine Power Cable Market Trends 2.2. Submarine Power Cable Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Submarine Power Cable Market Drivers 2.2.1.2. North America Submarine Power Cable Market Restraints 2.2.1.3. North America Submarine Power Cable Market Opportunities 2.2.1.4. North America Submarine Power Cable Market Challenges 2.2.2. Europe 2.2.2.1. Europe Submarine Power Cable Market Drivers 2.2.2.2. Europe Submarine Power Cable Market Restraints 2.2.2.3. Europe Submarine Power Cable Market Opportunities 2.2.2.4. Europe Submarine Power Cable Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Submarine Power Cable Market Drivers 2.2.3.2. Asia Pacific Submarine Power Cable Market Restraints 2.2.3.3. Asia Pacific Submarine Power Cable Market Opportunities 2.2.3.4. Asia Pacific Submarine Power Cable Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Submarine Power Cable Market Drivers 2.2.4.2. Middle East and Africa Submarine Power Cable Market Restraints 2.2.4.3. Middle East and Africa Submarine Power Cable Market Opportunities 2.2.4.4. Middle East and Africa Submarine Power Cable Market Challenges 2.2.5. South America 2.2.5.1. South America Submarine Power Cable Market Drivers 2.2.5.2. South America Submarine Power Cable Market Restraints 2.2.5.3. South America Submarine Power Cable Market Opportunities 2.2.5.4. South America Submarine Power Cable Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Submarine Power Cable Industry 2.8. Analysis of Government Schemes and Initiatives For Submarine Power Cable Industry 2.9. Submarine Power Cable Market Trade Analysis 2.10. The Global Pandemic Impact on Submarine Power Cable Market 3. Submarine Power Cable Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 3.1.1. AC 3.1.2. DC 3.2. Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 3.2.1. Single Core 3.2.2. Multi-Core 3.3. Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 3.3.1. Up to 66 KV 3.3.2. 66 KV-220 KV 3.3.3. Above 220 KV 3.4. Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 3.4.1. Offshore Wind Power Generation 3.4.2. Offshore Oil & Gas 3.4.3. Island Connection 3.4.4. Wave & Tidal Power Generation 3.5. Submarine Power Cable Market Size and Forecast, by Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America Submarine Power Cable Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 4.1.1. AC 4.1.2. DC 4.2. North America Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 4.2.1. Single Core 4.2.2. Multi-Core 4.3. North America Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 4.3.1. Up to 66 KV 4.3.2. 66 KV-220 KV 4.3.3. Above 220 KV 4.4. North America Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 4.4.1. Offshore Wind Power Generation 4.4.2. Offshore Oil & Gas 4.4.3. Island Connection 4.4.4. Wave & Tidal Power Generation 4.5. North America Submarine Power Cable Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 4.5.1.1.1. AC 4.5.1.1.2. DC 4.5.1.2. United States Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 4.5.1.2.1. Single Core 4.5.1.2.2. Multi-Core 4.5.1.3. United States Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 4.5.1.3.1. Up to 66 KV 4.5.1.3.2. 66 KV-220 KV 4.5.1.3.3. Above 220 KV 4.5.1.4. United States Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 4.5.1.4.1. Offshore Wind Power Generation 4.5.1.4.2. Offshore Oil & Gas 4.5.1.4.3. Island Connection 4.5.1.4.4. Wave & Tidal Power Generation 4.5.2. Canada 4.5.2.1. Canada Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 4.5.2.1.1. AC 4.5.2.1.2. DC 4.5.2.2. Canada Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 4.5.2.2.1. Single Core 4.5.2.2.2. Multi-Core 4.5.2.3. Canada Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 4.5.2.3.1. Up to 66 KV 4.5.2.3.2. 66 KV-220 KV 4.5.2.3.3. Above 220 KV 4.5.2.4. Canada Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 4.5.2.4.1. Offshore Wind Power Generation 4.5.2.4.2. Offshore Oil & Gas 4.5.2.4.3. Island Connection 4.5.2.4.4. Wave & Tidal Power Generation 4.5.3. Mexico 4.5.3.1. Mexico Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 4.5.3.1.1. AC 4.5.3.1.2. DC 4.5.3.2. Mexico Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 4.5.3.2.1. Single Core 4.5.3.2.2. Multi-Core 4.5.3.3. Mexico Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 4.5.3.3.1. Up to 66 KV 4.5.3.3.2. 66 KV-220 KV 4.5.3.3.3. Above 220 KV 4.5.3.4. Mexico Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 4.5.3.4.1. Offshore Wind Power Generation 4.5.3.4.2. Offshore Oil & Gas 4.5.3.4.3. Island Connection 4.5.3.4.4. Wave & Tidal Power Generation 5. Europe Submarine Power Cable Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.2. Europe Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.3. Europe Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.4. Europe Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 5.5. Europe Submarine Power Cable Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.5.1.2. United Kingdom Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.5.1.3. United Kingdom Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.5.1.4. United Kingdom Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 5.5.2. France 5.5.2.1. France Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.5.2.2. France Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.5.2.3. France Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.5.2.4. France Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 5.5.3. Germany 5.5.3.1. Germany Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.5.3.2. Germany Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.5.3.3. Germany Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.5.3.4. Germany Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 5.5.4. Italy 5.5.4.1. Italy Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.5.4.2. Italy Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.5.4.3. Italy Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.5.4.4. Italy Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 5.5.5. Spain 5.5.5.1. Spain Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.5.5.2. Spain Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.5.5.3. Spain Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.5.5.4. Spain Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.5.6.2. Sweden Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.5.6.3. Sweden Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.5.6.4. Sweden Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 5.5.7. Austria 5.5.7.1. Austria Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.5.7.2. Austria Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.5.7.3. Austria Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.5.7.4. Austria Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 5.5.8.2. Rest of Europe Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 5.5.8.3. Rest of Europe Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 5.5.8.4. Rest of Europe Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6. Asia Pacific Submarine Power Cable Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.2. Asia Pacific Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.3. Asia Pacific Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.4. Asia Pacific Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5. Asia Pacific Submarine Power Cable Market Size and Forecast, by Country (2023-2030) 6.5.1. China 6.5.1.1. China Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.1.2. China Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.1.3. China Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.1.4. China Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.2.2. S Korea Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.2.3. S Korea Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.2.4. S Korea Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.3. Japan 6.5.3.1. Japan Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.3.2. Japan Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.3.3. Japan Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.3.4. Japan Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.4. India 6.5.4.1. India Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.4.2. India Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.4.3. India Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.4.4. India Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.5. Australia 6.5.5.1. Australia Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.5.2. Australia Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.5.3. Australia Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.5.4. Australia Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.6.2. Indonesia Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.6.3. Indonesia Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.6.4. Indonesia Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.7.2. Malaysia Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.7.3. Malaysia Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.7.4. Malaysia Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.8.2. Vietnam Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.8.3. Vietnam Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.8.4. Vietnam Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.9.2. Taiwan Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.9.3. Taiwan Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.9.4. Taiwan Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 6.5.10.2. Rest of Asia Pacific Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 6.5.10.3. Rest of Asia Pacific Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 6.5.10.4. Rest of Asia Pacific Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 7. Middle East and Africa Submarine Power Cable Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 7.2. Middle East and Africa Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 7.3. Middle East and Africa Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 7.4. Middle East and Africa Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 7.5. Middle East and Africa Submarine Power Cable Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 7.5.1.2. South Africa Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 7.5.1.3. South Africa Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 7.5.1.4. South Africa Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 7.5.2. GCC 7.5.2.1. GCC Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 7.5.2.2. GCC Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 7.5.2.3. GCC Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 7.5.2.4. GCC Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 7.5.3.2. Nigeria Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 7.5.3.3. Nigeria Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 7.5.3.4. Nigeria Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 7.5.4.2. Rest of ME&A Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 7.5.4.3. Rest of ME&A Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 7.5.4.4. Rest of ME&A Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 8. South America Submarine Power Cable Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 8.2. South America Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 8.3. South America Submarine Power Cable Market Size and Forecast, by Voltage(2023-2030) 8.4. South America Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 8.5. South America Submarine Power Cable Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 8.5.1.2. Brazil Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 8.5.1.3. Brazil Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 8.5.1.4. Brazil Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 8.5.2.2. Argentina Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 8.5.2.3. Argentina Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 8.5.2.4. Argentina Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America Submarine Power Cable Market Size and Forecast, by Type (2023-2030) 8.5.3.2. Rest Of South America Submarine Power Cable Market Size and Forecast, by Core Type (2023-2030) 8.5.3.3. Rest Of South America Submarine Power Cable Market Size and Forecast, by Voltage (2023-2030) 8.5.3.4. Rest Of South America Submarine Power Cable Market Size and Forecast, by End User (2023-2030) 9. Global Submarine Power Cable Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Submarine Power Cable Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Prysmian Group (Italy) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Nexans SA (France) 10.3. Hydro Group plc (United Kingdom) 10.4. JDR Cable Systems (United Kingdom) 10.5. Brugg Kabel AG (Switzerland) 10.6. TF Kable (Poland) 10.7. Caledonian Cables Ltd. (United Kingdom) 10.8. NKT A/S (Denmark) 10.9. Hellenic Cables S.A. (Greece) 10.10. VISCAS Corporation (Japan) 10.11. Sumitomo Electric Industries, Ltd. (Japan) 10.12. Furukawa Electric Co., Ltd. (Japan) 10.13. LS Cable & System Ltd. (South Korea) 10.14. Hengtong Group Co., Ltd. (China) 10.15. ZTT Group (China) 10.16. Ningbo Orient Wires & Cables Co., Ltd. (China) 10.17. KEI Industries Limited (India) 10.18. ZMS Cable Group (China) 10.19. Dubai Cable Company (Ducab) (United Arab Emirates) 11. Key Findings 12. Industry Recommendations 13. Submarine Power Cable Market: Research Methodology 14. Terms and Glossary