Global Submarine Power Cable Market 2023-2027

Description

List of Tables

The submarine power cable market is forecasted to grow by USD 3,975.36 mn during 2022-2027, accelerating at a CAGR of 12.14% during the forecast period. The report on the submarine power cable market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing offshore renewable energy installations, increasing inter-country and island connections, and rising global energy demand.

Technavio's submarine power cable market is segmented as below:

By Type

Single core
Multicore

By Application

Offshore wind
Island connection and inter-country
Offshore oil
Others

By Geographical Landscape

Europe
APAC
North America
Middle East and Africa
South America

This study identifies the increase in sales of HVDC power cables as one of the prime reasons driving the submarine power cable market growth during the next few years. Also, growing wind power generation capacity and technological developments in offshore wind energy production will lead to sizable demand in the market.

The report on the submarine power cable market covers the following areas:

Submarine power cable market sizing
Submarine power cable market forecast
Submarine power cable market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading submarine power cable market vendors that include ABB Ltd., Eland Cables Ltd., Europacable, Fujikura Co. Ltd., HELUKABEL Romania Srl, Hengtong Group Co. Ltd., Hydro Group, Jiangsu Zhongtian Technology Co Ltd, KEI Industries Ltd, LS Cable and System Ltd., Nexans SA, NKT AS, Parker Hannifin Corp., Prysmian Spa, Southwire Co. LLC, Sumitomo Electric Industries Ltd., The Okonite Co., Furukawa Electric Co. Ltd., Leoni AG, and Subsea 7 SA. Also, the submarine power cable market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43750

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global submarine power cable market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global submarine power cable market 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Single core - Market size and forecast 2022-2027
Exhibit 34: Chart on Single core - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Single core - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Single core - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Single core - Year-over-year growth 2022-2027 (%)
6.4 Multicore - Market size and forecast 2022-2027
Exhibit 38: Chart on Multicore - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Multicore - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Multicore - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Multicore - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ million)
Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2022-2027 (%)
Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Offshore wind - Market size and forecast 2022-2027
Exhibit 48: Chart on Offshore wind - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Offshore wind - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Offshore wind - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Offshore wind - Year-over-year growth 2022-2027 (%)
7.4 Island connection and inter-country - Market size and forecast 2022-2027
Exhibit 52: Chart on Island connection and inter-country - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Island connection and inter-country - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Island connection and inter-country - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Island connection and inter-country - Year-over-year growth 2022-2027 (%)
7.5 Offshore oil - Market size and forecast 2022-2027
Exhibit 56: Chart on Offshore oil - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Offshore oil - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Offshore oil - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Offshore oil - Year-over-year growth 2022-2027 (%)
7.6 Others - Market size and forecast 2022-2027
Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Application
Exhibit 64: Market opportunity by Application ($ million)
Exhibit 65: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027
Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Germany - Market size and forecast 2022-2027
Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 119: ABB Ltd. - Overview
Exhibit 120: ABB Ltd. - Business segments
Exhibit 121: ABB Ltd. - Key offerings
Exhibit 122: ABB Ltd. - Segment focus
12.4 Eland Cables Ltd.
Exhibit 123: Eland Cables Ltd. - Overview
Exhibit 124: Eland Cables Ltd. - Product / Service
Exhibit 125: Eland Cables Ltd. - Key offerings
12.5 Fujikura Co. Ltd.
Exhibit 126: Fujikura Co. Ltd. - Overview
Exhibit 127: Fujikura Co. Ltd. - Business segments
Exhibit 128: Fujikura Co. Ltd. - Key news
Exhibit 129: Fujikura Co. Ltd. - Key offerings
Exhibit 130: Fujikura Co. Ltd. - Segment focus
12.6 Furukawa Electric Co. Ltd.
Exhibit 131: Furukawa Electric Co. Ltd. - Overview
Exhibit 132: Furukawa Electric Co. Ltd. - Business segments
Exhibit 133: Furukawa Electric Co. Ltd. - Key news
Exhibit 134: Furukawa Electric Co. Ltd. - Key offerings
Exhibit 135: Furukawa Electric Co. Ltd. - Segment focus
12.7 HELUKABEL Romania Srl
Exhibit 136: HELUKABEL Romania Srl - Overview
Exhibit 137: HELUKABEL Romania Srl - Product / Service
Exhibit 138: HELUKABEL Romania Srl - Key offerings
12.8 Hengtong Group Co. Ltd.
Exhibit 139: Hengtong Group Co. Ltd. - Overview
Exhibit 140: Hengtong Group Co. Ltd. - Product / Service
Exhibit 141: Hengtong Group Co. Ltd. - Key offerings
12.9 KEI Industries Ltd
Exhibit 142: KEI Industries Ltd - Overview
Exhibit 143: KEI Industries Ltd - Business segments
Exhibit 144: KEI Industries Ltd - Key offerings
Exhibit 145: KEI Industries Ltd - Segment focus
12.10 Leoni AG
Exhibit 146: Leoni AG - Overview
Exhibit 147: Leoni AG - Business segments
Exhibit 148: Leoni AG - Key news
Exhibit 149: Leoni AG - Key offerings
Exhibit 150: Leoni AG - Segment focus
12.11 LS Cable and System Ltd.
Exhibit 151: LS Cable and System Ltd. - Overview
Exhibit 152: LS Cable and System Ltd. - Product / Service
Exhibit 153: LS Cable and System Ltd. - Key offerings
12.12 Nexans SA
Exhibit 154: Nexans SA - Overview
Exhibit 155: Nexans SA - Business segments
Exhibit 156: Nexans SA - Key offerings
Exhibit 157: Nexans SA - Segment focus
12.13 NKT AS
Exhibit 158: NKT AS - Overview
Exhibit 159: NKT AS - Business segments
Exhibit 160: NKT AS - Key offerings
Exhibit 161: NKT AS - Segment focus
12.14 Parker Hannifin Corp.
Exhibit 162: Parker Hannifin Corp. - Overview
Exhibit 163: Parker Hannifin Corp. - Business segments
Exhibit 164: Parker Hannifin Corp. - Key news
Exhibit 165: Parker Hannifin Corp. - Key offerings
Exhibit 166: Parker Hannifin Corp. - Segment focus
12.15 Prysmian Spa
Exhibit 167: Prysmian Spa - Overview
Exhibit 168: Prysmian Spa - Business segments
Exhibit 169: Prysmian Spa - Key offerings
Exhibit 170: Prysmian Spa - Segment focus
12.16 Southwire Co. LLC
Exhibit 171: Southwire Co. LLC - Overview
Exhibit 172: Southwire Co. LLC - Product / Service
Exhibit 173: Southwire Co. LLC - Key offerings
12.17 Sumitomo Electric Industries Ltd.
Exhibit 174: Sumitomo Electric Industries Ltd. - Overview
Exhibit 175: Sumitomo Electric Industries Ltd. - Business segments
Exhibit 176: Sumitomo Electric Industries Ltd. - Key news
Exhibit 177: Sumitomo Electric Industries Ltd. - Key offerings
Exhibit 178: Sumitomo Electric Industries Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations