Global Subsea HVDC Cable Market Growth 2024-2030

Global Subsea HVDC Cable Market Growth 2024-2030

Subsea HVDC Cable is a cable wrapped with insulating material that can be laid on the seabed and used for high-voltage direct current telecommunications transmission. This kind of cable has the advantages of good tensile resistance, large transmission capacity, long transmission distance, and corrosion resistance.

The global Subsea HVDC Cable market size is projected to grow from US$ 281.7 million in 2023 to US$ 450.9 million in 2030; it is expected to grow at a CAGR of 7.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Subsea HVDC Cable Industry Forecast” looks at past sales and reviews total world Subsea HVDC Cable sales in 2023, providing a comprehensive analysis by region and market sector of projected Subsea HVDC Cable sales for 2024 through 2030. With Subsea HVDC Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Subsea HVDC Cable industry.

This Insight Report provides a comprehensive analysis of the global Subsea HVDC Cable 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 Subsea HVDC Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Subsea HVDC Cable market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Subsea HVDC Cable 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 Subsea HVDC Cable.

With the development of the global energy Internet, the application of Subsea HVDC Cable will become more widespread. It is not only used for submarine power transmission, but also for offshore wind power, offshore oil and gas exploration and other fields.

This report presents a comprehensive overview, market shares, and growth opportunities of Subsea HVDC Cable market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Crosslinked Polyethylene (XlPE) Cable
Mass Impregnated (MI) Insulation Cable

Segmentation by application
Offshore Wind Power
Marine Facility Power Supply
Others

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.
ABB
Furukawa Electric
GE Grid Solutions
LS Cable & System
ZTT International
Nexans Group
NKT
Prysmian
Siemens AG
Sumitomo Electric
Sun Cable
Toshiba Corporation
XLCC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Subsea HVDC Cable market?

What factors are driving Subsea HVDC Cable market growth, globally and by region?

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

How do Subsea HVDC Cable market opportunities vary by end market size?

How does Subsea HVDC Cable break out type, application?

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