Global Submarine Power Cables Market Growth 2023-2029

Global Submarine Power Cables Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Submarine Power Cables Industry Forecast” looks at past sales and reviews total world Submarine Power Cables sales in 2022, providing a comprehensive analysis by region and market sector of projected Submarine Power Cables sales for 2023 through 2029. With Submarine Power Cables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Submarine Power Cables industry.

This Insight Report provides a comprehensive analysis of the global Submarine Power Cables landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Submarine Power Cables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Submarine Power Cables market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Submarine Power Cables and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Submarine Power Cables.

The global Submarine Power Cables market size is projected to grow from US$ 10480 million in 2022 to US$ 25330 million in 2029; it is expected to grow at a CAGR of 25330 from 2023 to 2029.

United States market for Submarine Power Cables is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Submarine Power Cables is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Submarine Power Cables is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Submarine Power Cables players cover Prysmian, Nexans, ZTT Group, ORIENT CABLE, Sumitomo Electric, Furukawa, Hengtong Group, NKT Cables and WANDA CABLE GROUP, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Submarine Power Cables market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Impregnated Paper Insulated Cable
Oil-filled Cable

Segmentation by application
Shallow Sea
Deep Sea

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Prysmian
Nexans
ZTT Group
ORIENT CABLE
Sumitomo Electric
Furukawa
Hengtong Group
NKT Cables
WANDA CABLE GROUP
TFKable
Qingdao Hanhe Cable
KEI Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Submarine Power Cables market?

What factors are driving Submarine Power Cables market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Submarine Power Cables market opportunities vary by end market size?

How does Submarine Power Cables break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.