Offshore Wind Cable Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
Offshore Wind Cable Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global offshore wind cable market is expected to grow at a CAGR of around 13.7% during 2025-2034. This report on global offshore wind cable market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global offshore wind cable market by segmenting the market based on technology, material, configuration and region. Also, detailed profiles of companies operating in the offshore wind cable market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increased Offshore Wind Capacity • Growing Government Policies
Market Challenges
• High Costs
Historical & Forecast Period
Base Year: 2024 Historical Period: 2020-2024 Forecast Period: 2025-2034
Market by Technology
• Inter-array • Export
Market by Material
• Copper • Aluminium
Market by Configuration
• Bipolar • Monopolar
Market by Region
• Europe Germany United Kingdom France Italy Spain Russia Netherlands Rest of Europe • North America United States Canada • Asia Pacific China Japan India South Korea Australia Indonesia Rest of Asia Pacific • Latin America Mexico Brazil Argentina Rest of Latin America • Middle East & Africa Saudi Arabia Turkey Iran United Arab Emirates Rest of Middle East & Africa
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Offshore Wind Cable Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Offshore Wind Cable Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Offshore Wind Cable Market by Technology
5.1. Introduction
5.2. Inter-array
5.3. Export
6. Global Offshore Wind Cable Market by Material
6.1. Introduction
6.2. Copper
6.3. Aluminium
7. Global Offshore Wind Cable Market by Configuration
7.1. Introduction
7.2. Bipolar
7.3. Monopolar
8. Global Offshore Wind Cable Market by Region
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT Analysis
10. Porter’s Five Forces
11. Market Value Chain Analysis
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. ABB Ltd.
12.2.2. Hellenic Cables
12.2.3. Henatong Group Co. Ltd.
12.2.4. JDR Cable Systems
12.2.5. KEI Industries Ltd.
12.2.6. LS Cable & System Ltd.
12.2.7. Nexans SA
12.2.8. NKT A/S
12.2.9. ParkerScanrope AS
12.2.10. Prysmian Group
12.2.11. Sumitomo Electric Industries, Ltd.
12.2.12. Zhongtian Technology Group Co. Ltd.
List of Figures
Figure 1: Global Offshore Wind Cable Market (in US$ Million), 2020-2024
Figure 2: Global Offshore Wind Cable Market by Technology, 2024
Figure 3: Global Offshore Wind Cable Market by Material, 2024
Figure 4: Global Offshore Wind Cable Market by Configuration, 2024
Figure 5: Global Offshore Wind Cable Market by Region, 2024
Figure 6: Global Offshore Wind Cable Market (in US$ Million), 2025-2034
Figure 7: Global Offshore Wind Cable Market by Technology (in %), 2024 & 2034
Figure 8: Global Inter-array Offshore Wind Cable Market (in US$ Million), 2020-2024
Figure 9: Global Inter-array Offshore Wind Cable Market (in US$ Million), 2025-2034
Figure 10: Global Export Offshore Wind Cable Market (in US$ Million), 2020-2024
Figure 11: Global Export Offshore Wind Cable Market (in US$ Million), 2025-2034
Figure 12: Global Offshore Wind Cable Market by Material (in %), 2024 & 2034
Figure 13: Global Copper Offshore Wind Cable Market (in US$ Million), 2020-2024
Figure 14: Global Copper Offshore Wind Cable Market (in US$ Million), 2025-2034
Figure 15: Global Aluminium Offshore Wind Cable Market (in US$ Million), 2020-2024
Figure 16: Global Aluminium Offshore Wind Cable Market (in US$ Million), 2025-2034
Figure 17: Global Offshore Wind Cable Market by Material (in %), 2024 & 2034
Figure 18: Global Bipolar Offshore Wind Cable Market (in US$ Million), 2020-2024
Figure 19: Global Bipolar Offshore Wind Cable Market (in US$ Million), 2025-2034
Figure 20: Global Monopolar Offshore Wind Cable Market (in US$ Million), 2020-2024
Figure 21: Global Monopolar Offshore Wind Cable Market (in US$ Million), 2025-2034
Figure 22: Global Offshore Wind Cable Market by Region (in %), 2024 & 2034
Figure 23: Europe Offshore Wind Cable Market (in US$ Million), 2020-2024
Figure 24: Europe Offshore Wind Cable Market (in US$ Million), 2025-2034
Figure 25: Europe Offshore Wind Cable Market by Country (in %), 2024 & 2034