Submarine Electricity Transmission Market Growth: the high-voltage submarine cable market will realize $33.8 billion in cumulative revenue between 2014 and 2023 under a conservative scenario.
Even the most conservative growth models show that the high-voltage submarine cables industry will expand rapidly, and the supply chain has expanded over the past few years to meet this projected demand. In addition to the established, experienced market participants, new market entrants have begun to win contracts to supply some of the smaller, less complex cables. With fewer limitations in the supply chain, the primary restraints on the submarine cable market in the foreseeable future are restrictions in financing and regulatory roadblocks.
HVDC and HVAC Submarine Power Cables: Supply Constraints, Demand Drivers, Technology Issues, Prominent Projects, Key Industry Players, and Global Market Forecasts
The Submarine Electricity Transmission report analyzes the global market for high-voltage submarine cables, including cables to connect offshore renewable energy generation, grid interconnectors, and cables to connect remote landmasses. The study provides an analysis of the significant demand drivers for deploying high-voltage submarine cables and the related market issues. Global market forecasts for demand and revenue from high-voltage submarine cables, segmented by world region, project and cable type, technology, and growth scenario, extend through 2023. The report also examines the main technology issues and profiles the key industry players.
(This report contains over 50 charts, figures and tables. Please request a free sample to view the complete list.)