Submarine Power Cable Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global submarine power cable market is expected to grow at a CAGR of around 13.1% during 2025-2034. This report on global submarine power 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 submarine power cable market by segmenting the market based on component, type, voltage, application and region. Also, detailed profiles of companies operating in the submarine power 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 Farms
• Increased Concerns Regarding Grid Stability
Market Challenges
• High Maintenance and Repair Work
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Component
• Dry
• Wet
Market by Type
• Single Core
• Multi Core
Market by Voltage
• Medium
• High
• Extra High
Market by Application
• Offshore Wind Power Generation
• Inter Country and Island Connection
• Offshore Oil Rigs
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 Submarine Power Cable Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Submarine Power 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 Submarine Power Cable Market by Component
- 5.1. Introduction
- 5.2. Dry
- 5.3. Wet
- 6. Global Submarine Power Cable Market by Type
- 6.1. Introduction
- 6.2. Single Core
- 6.3. Multi Core
- 7. Global Submarine Power Cable Market by Voltages
- 7.1. Introduction
- 7.2. Medium
- 7.3. High
- 7.4. Extra High
- 8. Global Submarine Power Cable Market by Application
- 8.1. Introduction
- 8.2. Offshore Wind Power Generation
- 8.3. Inter Country and Island Connection
- 8.4. Offshore Oil Rigs
- 9. Global Submarine Power Cable Market by Region
- 9.1. Introduction
- 9.2. Europe
- 9.2.1. Germany
- 9.2.2. United Kingdom
- 9.2.3. France
- 9.2.4. Italy
- 9.2.5. Spain
- 9.2.6. Russia
- 9.2.7. Netherlands
- 9.2.8. Rest of the Europe
- 9.3. North America
- 9.3.1. United States
- 9.3.2. Canada
- 9.4. Asia Pacific
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. India
- 9.4.4. South Korea
- 9.4.5. Australia
- 9.4.6. Indonesia
- 9.4.7. Rest of the Asia Pacific
- 9.5. Latin America
- 9.5.1. Mexico
- 9.5.2. Brazil
- 9.5.3. Argentina
- 9.5.4. Rest of Latin America
- 9.6. Middle East & Africa
- 9.6.1. Saudi Arabia
- 9.6.2. Turkey
- 9.6.3. Iran
- 9.6.4. United Arab Emirates
- 9.6.5. Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1. Competitive Scenario
- 13.2. Company Profiles
- 13.2.1. ALE International, ALE USA Inc.
- 13.2.2. SubCom, LLC
- 13.2.3. NEC Corporation
- 13.2.4. Prysmian S.p.A
- 13.2.5. Nexans
- 13.2.6. Google LLC
- 13.2.7. Amazon.com, Inc.
- 13.2.8. Microsoft
- 13.2.9. NKT A/S
- 13.2.10. ZTT
- List of Figures
- Figure 1: Global Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 2: Global Submarine Power Cable Market by Component, 2024
- Figure 3: Global Submarine Power Cable Market by Type, 2024
- Figure 4: Global Submarine Power Cable Market by Application, 2024
- Figure 5: Global Submarine Power Cable Market by Voltage, 2024
- Figure 6: Global Submarine Power Cable Market by Region, 2024
- Figure 7: Global Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 8: Global Submarine Power Cable Market by Component (in %), 2024 & 2034
- Figure 9: Global Dry Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 10: Global Dry Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 11: Global Wet Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 12: Global Wet Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 13: Global Submarine Power Cable Market by Type (in %), 2024 & 2034
- Figure 14: Global Single Core Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 15: Global Single Core Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 16: Global Multi Core Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 17: Global Multi Core Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 18: Global Submarine Power Cable Market by Voltage (in %), 2024 & 2034
- Figure 19: Global Medium Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 20: Global Medium Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 21: Global High Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 22: Global High Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 23: Global Extra High Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 24: Global Extra High Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 25: Global Submarine Power Cable Market by Application (in %), 2024 & 2034
- Figure 26: Global Offshore Wind Power Generation Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 27: Global Offshore Wind Power Generation Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 28: Global Inter Country and Island Connection Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 29: Global Inter Country and Island Connection Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 30: Global Offshore Oil Rigs Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 31: Global Offshore Oil Rigs Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 32: Global Submarine Power Cable Market by Region (in %), 2024 & 2034
- Figure 33: Europe Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 34: Europe Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 35: Europe Submarine Power Cable Market by Country (in %), 2024 & 2034
- Figure 36: Germany Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 37: United Kingdom Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 38: France Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 39: Italy Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 40: Spain Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 41: Russia Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 42: Netherlands Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 43: North America Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 44: North America Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 45: North America Submarine Power Cable Market by Country (in %), 2024 & 2034
- Figure 46: United States Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 47: Canada Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 48: Asia Pacific Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 49: Asia Pacific Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 50: Asia Pacific Submarine Power Cable Market by Country (in %), 2024 & 2034
- Figure 51: China Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 52: Japan Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 53: India Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 54: South Korea Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 55: Australia Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 56: Indonesia Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 57: Latin America Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 58: Latin America Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 59: Latin America Submarine Power Cable Market by Country (in %), 2024 & 2034
- Figure 60: Mexico Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 61: Brazil Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 62: Argentina Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 63: Middle East & Africa Submarine Power Cable Market (in US$ Million), 2020-2024
- Figure 64: Middle East & Africa Submarine Power Cable Market (in US$ Million), 2025-2034
- Figure 65: Middle East & Africa Submarine Power Cable Market by Country (in %), 2024 & 2034
- Figure 66: Saudi Arabia Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 67: Turkey Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 68: Iran Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 69: UAE Submarine Power Cable Market (in US$ Million), 2020-2034
- Figure 70: Market Value Chain
- List of Tables
- Table 1: Global Submarine Power Cable Market Portraiture
- Table 2: Global Submarine Power Cable Market by Component (in US$ Million), 2024 & 2034
- Table 3: Global Submarine Power Cable Market by Type (in US$ Million), 2024 & 2034
- Table 4: Global Submarine Power Cable Market by Voltage (in US$ Million), 2024 & 2034
- Table 5: Global Submarine Power Cable Market by Application (in US$ Million), 2024 & 2034
- Table 6: Global Submarine Power Cable Market by Region (in US$ Million), 2024 & 2034
- Table 7: Europe Submarine Power Cable Market by Country (in US$ Million), 2024 & 2034
- Table 8: North America Submarine Power Cable Market by Country (in US$ Million), 2024 & 2034
- Table 9: Asia Pacific Submarine Power Cable Market by Country (in US$ Million), 2024 & 2034
- Table 10: Latin America Submarine Power Cable Market by Country (in US$ Million), 2024 & 2034
- Table 11: Middle East & Africa Submarine Power Cable Market by Country (in US$ Million),
- 2024 & 2034
- Table 12: List of Key Players
Research Assistance
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