Submarine Power Cable Market Size And Share

  • Report Code : TIPRE00008943
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Submarine Power Cable Market Size, Share, and Forecast by 2028

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Submarine Power Cable Market: Strategic Insights

Submarine Power Cable Market

  • CAGR (2023 - 2031)
    5.2%
  • Market Size 2023
    US$ 8.96 Billion
  • Market Size 2031
    US$ 13.45 Billion

Market Dynamics

GROWTH DRIVERS
  • Increasing Investment In Offshore Wind Energy Plants to Favor Market
FUTURE TRENDS
  • Development in Underwater Data Centres.
OPPORTUNITIES
  • The rise in the development of the underwater data center is anticipated to drive the market in the forecast period.

Key Players

  • Prysmian Group
  • NKT A S
  • Sumitomo Electric Industries Ltd
  • FURUKAWA ELECTRIC CO LTD
  • HENGTONG GROUP CO LTD
  • KEI Industries Limited
  • LS Cable System Ltd
  • Hydro Group Plc
  • ZT International Ltd
  • TFKable

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Type
  • Multicore
  • Single Core
Conductor Material
  • Copper and Aluminum
Voltage
  • High Voltage and Medium Voltage
Application
  • Offshore Oil and Gas
  • Offshore Wind Power
  • Inter-Country & Island Connection