Europe Submarine Cable System Market - Industry Trends and Forecast to 2029

Description

List of Tables

Europe submarine cable system market is projected to register a CAGR of 7.5% in the forecast period of 2022 to 2029.The new market report contains data for historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.

Market Segmentation:

Europe Submarine Cable System Market, Product (Wet Plant Products, and Dry Plant Products), Voltage (Medium Voltage, and High Voltage, Extra High Voltage), Offering (Maintenance, Upgrades, and Installation And Commissioning), Fiber Class (Unrepeatered, and Repeatered), Cables Type (Loose Tube Cables, Ribbon Cables, and Others), Armor Type (Light Weight Armor, Single Armor, Double Armor, and Rock Armor), Depth (0 to 500M, 500M to 1000M, 1000M to 5000M, and Others), Application (Power Cables and Communication Cables), Country (U.K., Italy, France, Germany, Switzerland, Russia, Netherlands, Belgium, Turkey, Spain, and Rest of Europe) - Industry Trends and Forecast to 2029.

Some of the major factors contributing to the growth of the market are:

Penetration of submarine cable owing to the increasing internet traffic across the region

Increasing strategic partnership among major market players for cable systems

Market Players

Some of the major players operating in the market are:

ZTT

HENGTONG GROUP CO., LTD.

NKT A/S

Corning Incorporated

NEXANS

Hellenic Cables S.A.

Alcatel Submarine Networks (a part of Nokia)

NEC Corporation

LEONI GROUP

Sumitomo Electric Industries, Ltd.

AFL

JDR Cable Systems Ltd.

The Okonite Company

TE Connectivity

APAR

HESFIBEL SUBSEA CABLES

TFKable

Ocean Specialists, Inc.

Hexatronic Group

Norddeutsche Seekabelwerke GmbH (A Subsidiary of Prysmian Group)

Tratos

1 INTRODUCTION 43

1.1 OBJECTIVES OF THE STUDY 43
1.2 MARKET DEFINITION 43
1.3 OVERVIEW OF EUROPE SUBMARINE CABLE SYSTEM MARKET 43
1.4 CURRENCY AND PRICING 45
1.5 LIMITATIONS 45
1.6 MARKETS COVERED 46

2 MARKET SEGMENTATION 49

2.1 MARKETS COVERED 49
2.2 YEARS CONSIDERED FOR THE STUDY 50
2.3 GEOGRAPHIC SCOPE 51
2.4 DBMR TRIPOD DATA VALIDATION MODEL 52
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 55
2.6 DBMR MARKET POSITION GRID 56
2.7 VENDOR SHARE ANALYSIS 58
2.8 MARKET APPLICATION COVERAGE GRID 59
2.9 MULTIVARIATE MODELLING 60
2.10 PRODUCT CURVE 60
2.11 CHALLENGE MATRIX 61
2.12 SECONDARY SOURCES 62
2.13 ASSUMPTIONS 62

3 EXECUTIVE SUMMARY 63

4 PREMIUM INSIGHTS 66

5 MARKET OVERVIEW 67

5.1 DRIVERS 69
- 5.1.1 SURGE IN THE COMMUNICATION PROJECTS UNDERSEA PATH ACROSS THE GLOBE 69
- 5.1.2 RISE IN THE TREND OF OFFSHORE WIND POWER GENERATION 70
- 5.1.3 GROWING DEMAND FOR HIGH BANDWIDTH, LOW-LATENCY, AND HIGH REDUNDANCY OWING TO THE EMERGENCE OF 5G 72
- 5.1.4 RISE IN THE ADOPTION OF CLOUD-BASED SERVICES 73
5.2 RESTRAINTS 74
- 5.2.1 HIGH INITIAL INVESTMENTS ACT AS ENTRY BARRIER FOR SMES 74
- 5.2.2 HIGH PROBABILITY OF DAMAGE DUE TO VULNERABLE CONDITIONS 74
5.3 OPPORTUNITIES 75
- 5.3.1 PENETRATION OF SUBMARINE CABLE OWING TO THE INCREASING INTERNET TRAFFIC ACROSS THE REGION 75
- 5.3.2 INCREASING STRATEGIC PARTNERSHIP AMONG MAJOR MARKET PLAYERS FOR CABLE SYSTEMS 75
- 5.3.3 RISING INVESTMENTS BY OTT PROVIDERS TO CREATE ABUNDANT OPPORTUNITIES FOR SALES OF SUBMARINE CABLES 76
- 5.3.4 DEPLOYMENT OF VARIED TECHNOLOGIES IN SUBMARINE CABLE SYSTEMS 76
5.4 CHALLENGES 77
- 5.4.1 ALTERNATIVE MODES OF INTERNET SERVICE PROVISIONING 77
- 5.4.2 COMPLEX REPAIRING PROCEDURES 77

6 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY PRODUCT 78

6.1 OVERVIEW 79
6.2 DRY PLANT PRODUCTS 80
- 6.2.1 POWER FEEDING EQUIPMENT (PFE) 81
- 6.2.2 SUBMARINE LINE TERMINAL EQUIPMENT (SLTE) 81
- 6.2.3 SUBMARINE LINE MONITOR (SLM) 81
- 6.2.4 OTHERS 81
6.3 WET PLANT PRODUCTS 81
- 6.3.1 CABLES 82
- 6.3.2 REPEATER 82
- 6.3.3 BRANCHING UNIT (BU) 82
- 6.3.4 OTHERS 82

7 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY VOLTAGE 83

7.1 OVERVIEW 84
7.2 HIGH VOLTAGE 85
7.3 EXTRA HIGH VOLTAGE 85
7.4 MEDIUM VOLTAGE 86

8 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY OFFERING 87

8.1 OVERVIEW 88
8.2 INSTALLATION AND COMMISSIONING 89
8.3 REPAIR AND MAINTENANCE 89
8.4 UPGRADES 90

9 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY FIBER CLASS 91

9.1 OVERVIEW 92
9.2 UNREPEATERED 93
9.3 REPEATERED 93

10 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY CABLES TYPE 94

10.1 OVERVIEW 95
10.2 LOOSE TUBE CABLES 96
10.3 RIBBON CABLES 96
10.4 OTHERS 97

11 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY ARMOR TYPE 98

11.1 OVERVIEW 99
11.2 SINGLE ARMOR 100
11.3 DOUBLE ARMOR 100
11.4 LIGHT WEIGHT ARMOR 101
11.5 ROCK ARMOR 101

12 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY DEPTH 102

12.1 OVERVIEW 103
12.2 1000M-5000M 104
12.3 5000M-1000M 104
12.4 0M-500M 105
12.5 0THERS 105

13 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY APPLICATION 106

13.1 OVERVIEW 107
13.2 COMMUNICATION CABLES 108
- 13.2.1 DRY PLANT PRODUCTS 108
  - 13.2.1.1 POWER FEEDING EQUIPMENT (PFE) 109
  - 13.2.1.2 SUBMARINE LINE TERMINAL EQUIPMENT (SLTE) 109
  - 13.2.1.3 SUBMARINE LINE MONITOR (SLM) 109
  - 13.2.1.4 OTHERS 109
- 13.2.2 WET PLANT PRODUCTS 110
  - 13.2.2.1 CABLES 110
  - 13.2.2.2 REPEATER 110
  - 13.2.2.3 BRANCHING UNIT (BU) 110
  - 13.2.2.4 OTHERS 110
13.3 POWER CABLES 111
- 13.3.1 DRY PLANT PRODUCTS 112
  - 13.3.1.1 POWER FEEDING EQUIPMENT (PFE) 112
  - 13.3.1.2 SUBMARINE LINE TERMINAL EQUIPMENT (SLTE) 112
  - 13.3.1.3 SUBMARINE LINE MONITOR (SLM) 112
  - 13.3.1.4 OTHERS 112
- 13.3.2 WET PLANT PRODUCTS 113
  - 13.3.2.1 CABLES 113
  - 13.3.2.2 REPEATER 113
  - 13.3.2.3 BRANCHING UNIT (BU) 113
  - 13.3.2.4 OTHERS 113

14 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY REGION 114

14.1 EUROPE 115
- 14.1.1 U.K. 124
- 14.1.2 GERMANY 128
- 14.1.3 ITALY 132
- 14.1.4 FRANCE 136
- 14.1.5 SPAIN 140
- 14.1.6 TURKEY 144
- 14.1.7 RUSSIA 148
- 14.1.8 NETHERLANDS 152
- 14.1.9 BELGIUM 156
- 14.1.10 SWITZERLAND 160
- 14.1.11 REST OF EUROPE 164

15 EUROPE SUBMARINE CABLE SYSTEM MARKET: COMPANY LANDSCAPE 165

15.1 COMPANY SHARE ANALYSIS: EUROPE 165

16 SWOT ANALYSIS 166

17 COMPANY PROFILE 167

17.1 ZTT 167
- 17.1.1 COMPANY SNAPSHOT 167
- 17.1.2 COMPANY SHARE ANALYSIS 167
- 17.1.3 PRODUCT PORTFOLIO 168
- 17.1.4 RECENT DEVELOPMENT 168
17.2 HENGTONG GROUP CO., LTD 169
- 17.2.1 COMPANY SNAPSHOT 169
- 17.2.2 COMPANY SHARE ANALYSIS 169
- 17.2.3 PRODUCT CATEGORIES 170
- 17.2.4 RECENT DEVELOPMENT 170
17.3 NKT A/S 171
- 17.3.1 COMPANY SNAPSHOT 171
- 17.3.2 REVENUE ANALYSIS 171
- 17.3.3 PRODUCT PORTFOLIO 172
- 17.3.4 RECENT DEVELOPMENT 172
17.4 CORNING INCORPORATED 173
- 17.4.1 COMPANY SNAPSHOT 173
- 17.4.2 REVENUE ANALYSIS 173
- 17.4.3 COMPANY SHARE ANALYSIS 174
- 17.4.4 PRODUCT PORTFOLIO 174
- 17.4.5 RECENT DEVELOPMENT 174
17.5 NEXANS 175
- 17.5.1 COMPANY SNAPSHOT 175
- 17.5.2 REVENUE ANALYSIS 176
- 17.5.3 COMPANY SHARE ANALYSIS 176
- 17.5.4 PRODUCT PORTFOLIO 177
- 17.5.5 RECENT DEVELOPMENTS 177
17.6 HELLENIC CABLES S.A. 178
- 17.6.1 COMPANY SNAPSHOT 178
- 17.6.2 REVENUE ANALYSIS 178
- 17.6.3 PRODUCT PORTFOLIO 179
- 17.6.4 RECENT DEVELOPMENTS 179
17.7 ALCATEL SUBMARINE NETWORKS 180
- 17.7.1 COMPANY SNAPSHOT 180
- 17.7.2 PRODUCT PORTFOLIO 180
- 17.7.3 RECENT DEVELOPMENTS 180
17.8 AFL (A SUBSIDIAIRY OF FUJIKURA LTD.) 181
- 17.8.1 COMPANY SNAPSHOT 181
- 17.8.2 REVENUE ANALYSIS 181
- 17.8.3 PRODUCT PORTFOLIO 182
- 17.8.4 RECENT DEVELOPMENTS 182
17.9 APAR 183
- 17.9.1 COMPANY SNAPSHOT 183
- 17.9.2 REVENUE ANALYSIS 183
- 17.9.3 PRODUCT PORTFOLIO 184
- 17.9.4 RECENT DEVELOPMENT 184
17.10 HESFIBEL SUBSEA CABLES 185
- 17.10.1 COMPANY SNAPSHOT 185
- 17.10.2 PRODUCT PORTFOLIO 185
- 17.10.3 RECENT DEVELOPMENT 185
17.11 HEXATRONIC GROUP 186
- 17.11.1 COMPANY SNAPSHOT 186
- 17.11.2 REVENUE ANALYSIS 186
- 17.11.3 PRODUCT PORTFOLIO 187
- 17.11.4 RECENT DEVELOPMENT 187
17.12 JDR CABLE SYSTEMS LTD. 188
- 17.12.1 COMPANY SNAPSHOT 188
- 17.12.2 PRODUCT PORTFOLIO 188
- 17.12.3 RECENT DEVELOPMENT 188
17.13 LEONI 189
- 17.13.1 COMPANY SNAPSHOT 189
- 17.13.2 REVENUE ANALYSIS 190
- 17.13.3 PRODUCT PORTFOLIO 190
- 17.13.4 RECENT DEVELOPMENT 191
17.14 NEC CORPORATION 192
- 17.14.1 COMPANY SNAPSHOT 192
- 17.14.2 REVENUE ANALYSIS 192
- 17.14.3 PRODUCT PORTFOLIO 193
- 17.14.4 RECENT DEVELOPMENTS 193
17.15 NORDDEUTSCHE SEEKABELWERKE GMBH 194
- 17.15.1 COMPANY SNAPSHOT 194
- 17.15.2 PRODUCT PORTFOLIO 194
- 17.15.3 RECENT DEVELOPMENT 194
17.16 OCEAN SPECIALISTS, INC. (A SUBSIDIARY OF CONTINENTAL SHELF ASSOCIATES, INC.) 195
- 17.16.1 COMPANY SNAPSHOT 195
- 17.16.2 PRODUCT PORTFOLIO 195
- 17.16.3 RECENT DEVELOPMENTS 196
17.17 SAUDI ERICSSON 197
- 17.17.1 COMPANY SNAPSHOT 197
- 17.17.2 SOLUTION PORTFOLIO 197
- 17.17.3 RECENT DEVELOPMENT 197
17.18 SUMITOMO ELECTRIC INDUSTRIES, LTD. 198
- 17.18.1 COMPANY SNAPSHOT 198
- 17.18.2 REVENUE ANALYSIS 199
- 17.18.3 PRODUCT PORTFOLIO 199
- 17.18.4 RECENT DEVELOPMENTS 200
17.19 TE CONNECTIVITY 202
- 17.19.1 COMPANY SNAPSHOT 202
- 17.19.2 REVENUE ANALYSIS 202
- 17.19.3 SOLUTION PORTFOLIO 203
- 17.19.4 RECENT DEVELOPMENT 203
17.20 TFKABLE 204
- 17.20.1 COMPANY SNAPSHOT 204
- 17.20.2 PRODUCT PORTFOLIO 204
- 17.20.3 RECENT DEVELOPMENT 204
17.21 THE OKONITE COMPANY 205
- 17.21.1 COMPANY SNAPSHOT 205
- 17.21.2 PRODUCT PORTFOLIO 205
- 17.21.3 RECENT DEVELOPMENTS 205
17.22 TRATOS 207
- 17.22.1 COMPANY SNAPSHOT 207
- 17.22.2 PRODUCT PORTFOLIO 207
- 17.22.3 RECENT DEVELOPMENTS 208

18 QUESTIONNAIRE 210

19 RELATED REPORTS 214

LIST OF FIGURES

FIGURE 1 EUROPE SUBMARINE CABLE SYSTEM MARKET: SEGMENTATION 29
FIGURE 2 EUROPE SUBMARINE CABLE SYSTEM MARKET: DATA TRIANGULATION 32
FIGURE 3 EUROPE SUBMARINE CABLE SYSTEM MARKET: DROC ANALYSIS 33
FIGURE 4 EUROPE SUBMARINE CABLE SYSTEM MARKET: EUROPE VS REGIONAL MARKET ANALYSIS 34
FIGURE 5 EUROPE SUBMARINE CABLE SYSTEM MARKET: COMPANY RESEARCH ANALYSIS 34
FIGURE 6 EUROPE SUBMARINE CABLE SYSTEM MARKET: INTERVIEW DEMOGRAPHICS 35
FIGURE 7 EUROPE SUBMARINE CABLE SYSTEM MARKET: DBMR MARKET POSITION GRID 36
FIGURE 8 EUROPE SUBMARINE CABLE SYSTEM MARKET: VENDOR SHARE ANALYSIS 38
FIGURE 9 EUROPE SUBMARINE CABLE SYSTEM MARKET: MARKET APPLICATION COVERAGE GRID 39
FIGURE 10 EUROPE SUBMARINE CABLE SYSTEM MARKET: SEGMENTATION 45
FIGURE 11 SURGE IN COMMUNICATION PROJECTS UNDERSEA PATH ACROSS THE GLOBE IS EXPECTED TO DRIVE THE EUROPE SUBMARINE CABLE SYSTEM MARKET IN THE FORECAST PERIOD 46
FIGURE 12 DRY PLANT PRODUCTS SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF EUROPE SUBMARINE CABLE SYSTEM MARKET FROM 2022 TO 2029 46
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE EUROPE SUBMARINE CABLE SYSTEM MARKET 48
FIGURE 14 FDI PROJECTS FOR COMMUNICATIONS AND MEDIA (2019-2020) 49
FIGURE 15 OFFSHORE WIND ELECTRICITY GENERATION 51
FIGURE 16 NET ANNUAL WIND CAPACITY EXPANSIONS, 2018-2020 51
FIGURE 17 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY PRODUCT, 2021 59
FIGURE 18 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY VOLTAGE, 2021 64
FIGURE 19 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY OFFERING, 2021 68
FIGURE 20 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY FIBER CLASS, 2021 72
FIGURE 21 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY CABLES TYPE, 2021 75
FIGURE 22 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY ARMOR TYPE, 2021 79
FIGURE 23 EUROPE SUBMARINE CABLE SYSTEM MARKET, BY DEPTH, 2021 83
FIGURE 24 EUROPE SUBMARINE CABLE SYSTEM MARKET: BY APPLICATION, 2021 87
FIGURE 25 EUROPE SUBMARINE CABLE SYSTEM MARKET: SNAPSHOT (2021) 95
FIGURE 26 EUROPE SUBMARINE CABLE SYSTEM MARKET: BY COUNTRY (2021) 97
FIGURE 27 EUROPE SUBMARINE CABLE SYSTEM MARKET: BY COUNTRY (2022 & 2029) 97
FIGURE 28 EUROPE SUBMARINE CABLE SYSTEM MARKET: BY COUNTRY (2021 & 2029) 98
FIGURE 29 EUROPE SUBMARINE CABLE SYSTEM MARKET: BY PRODUCT (2022-2029) 98
FIGURE 30 EUROPE SUBMARINE CABLE SYSTEM MARKET: COMPANY SHARE 2021 (%) 145