Submarine Electricity Transmission Systems Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Submarine Electricity Transmission Systems Market is expected to witness a CAGR of more than 14% during the forecast period.
The market was negatively impacted by the Covid-19 pandemic, as plummeting global energy demand delayed several projects. However, the market has since rebounded and is expected to grow steadily during the forecast period.
Key HighlightsThe Submarine Electricity Transmission Systems Market is moderately consolidated. Some of the key players in the market (not in particular order) include ABB Ltd, Siemens AG, Prysmian SpA, NKT AS, and Nexans SA, among others.
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