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Submarine Power Cable Market: Overview
This comprehensive report by Transparency Market Research analyzes the submarine power cable market at the global and regional levels. The report provides analysis for the period from 2017 to 2027, where 2018 is considered the base year and 2019–2027 is the forecast period. An in-depth and unbiased market assessment has been made to offer readers comprehensive and accurate analysis. The report analyzes all major trends likely to influence the global submarine power cable market from 2019 to 2027. It also analyzes driving factors, restraining factors, and opportunities for the market. The study provides a perspective on the global submarine power cable market, in terms of value (US$ Mn) and volume (kilometers), across five regions: Asia Pacific, South America, North America, Middle East & Africa, and Europe.
The report includes detailed value chain analysis, which is focused on providing a widespread view of the global submarine power cable market. The value chain analysis section includes a list of active market participants, marketing channel analysis, and market positioning. The report also includes submarine power cable production analysis and forecast, which includes the production volume information for every region. Porter’s Five Forces analysis has also been provided in the report to help understand the competition scenario of the market. The study incorporates market attractiveness analysis, wherein type and application segments have been benchmarked based on their market size, growth rate, and attractiveness. The report also includes attractiveness analysis of the market in every region in order to help understand the competition scenario in the submarine power cable market.
The overview section of the report analyzes market trends and dynamics that include drivers, restraints, and the current and future opportunities for the submarine power cable market. Market outlook analysis has also been provided in the report. Additionally, the report offers analysis of business strategies adopted by key players operating in the global submarine power cable market. The introduction chapter provides a snapshot of different trends in the global submarine power cable market.
Global Submarine Power Cable Market: Scope of Report
In terms of type, the global submarine power cable market has been segmented into single-core cable and multi-core cable. Based on application, the market has been divided into offshore wind power generation, inter-country and island connection, and offshore oil rigs. The report provides region-wise segmentation of the global submarine power cable market and categorizes it at various levels, thereby providing valuable insights at micro and macro levels.
The report also highlights the competition scenario in the global submarine power cable market, ranking all major market players according to their geographical presence and key developments. Insights for the global market is a result of extensive primary interviews, secondary research, and in-house expert panel reviews. These market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.
In terms of country, the market in North America has been classified into the U.S., Canada, and Rest of North America. Europe has been categorized into Germany, France, the U.K., and Rest of Europe. Asia Pacific has been segmented into China, Japan, India, and Rest of Asia Pacific. Middle East & Africa covers GCC, South Africa, and Rest of Middle East & Africa. South America comprises Brazil and Rest of South America. This report provides all strategic information required to understand the global submarine power cable market along with type and application segments of the market. Additionally, the report provides insights into the market across all regions.
Global Submarine Power Cable Market: Research Methodology
The research methodology is a combination of primary research, secondary research, and expert panel reviews. Secondary sources include annual reports, company websites, SEC filings, investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, and statistical databases.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews of the submarine power cable market across different regions. Primary interviews are usually conducted on an ongoing basis with market experts and participants in order to obtain the latest market insights and validate the existing data and analysis. Primary interviews offer new information on important factors such as market trends, market size, competition landscape, and growth trends. These factors help validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is discussed and examined by TMR’s expert panel.
Global Submarine Power Cable Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global submarine power cable market. Market players have been profiled in terms of attributes such as company overview, financial overview, SWOT analysis, business strategies, and recent developments. Key players operating in the global submarine power cable market are ABB Ltd, Nexans S.A., Prysmian S.p.A, General Cable Corporation, NKT AS, Sumitomo Corporation, Hydro Group, KEI Industries, Furukawa Electric Co. Ltd., LS Cable & System, and Hengtong Group. These companies focus on expanding their business through strategic acquisitions and partnerships with several end-use industries.
The global submarine power cable market has been segmented as follows:
Global Submarine Power Cable Market, by Type
Single-core Cable
Multi-core Cable
Global Submarine Power Cable Market, by Application
Offshore Wind Power Generation
Inter-country and Island Connection
Offshore Oil Rigs
Global Submarine Power Cable Market, by Geography
North America
U.S.
Canada
Rest of North America
Europe
Germany
U.K.
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Middle East & Africa (MEA)
GCC
South Africa
Rest of MEA
South America
Brazil
Rest of South America
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Submarine Power Cable Market
4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Key Market Indicators
4.4. Global Submarine Power Cable Market Analysis and Forecast, 2017–2027
4.4.1. Market Revenue Projection (US$ Mn)
4.4.2. Market Volume Projection (Kilometers)
4.5. Porter’s Five Forces Analysis
4.6. Value Chain Analysis
4.7. Market Outlook
5. Global Submarine Cable Production Analysis and Forecast, by Region (2017–2027)
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Middle East & Africa
5.5. South America
6. Global Submarine Power Cable Market Analysis and Forecast, by Type
6.1. Overview & Definitions
6.2. Global Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Type, 2017–2027
6.2.1. Single-core Cable
6.2.2. Multi-core Cable
6.3. Type Comparison Matrix
6.4. Global Submarine Power Cable Market Attractiveness, by Type
7. Global Submarine Power Cable Market Analysis and Forecast, by Application
7.1. Overview & Definitions
7.2. Global Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
7.2.1. Offshore Wind Power Generation
7.2.2. Inter-country and Island Connection
7.2.3. Offshore Oil Rigs
7.3. Application Comparison Matrix
7.4. Global Submarine Power Cable Market Attractiveness, by Application
8. Global Submarine Power Cable Market Analysis and Forecast, by Region
8.1. Overview & Definition
8.2. Global Submarine Power Cable Market Value (US$ Mn) Forecast, by Region, 2017–2027
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East & Africa
8.2.5. South America
8.3. Global Submarine Power Cable Market Attractiveness, by Region
9. North America Submarine Power Cable Market Analysis and Forecast
9.1. Key Findings
9.2. North America Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Type, 2017–2027
9.2.1. Single-core Cable
9.2.2. Multi-core Cable
9.3. North America Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
9.3.1. Offshore Wind Power Generation
9.3.2. Inter-country and Island Connection
9.3.3. Offshore Oil Rigs
9.4. North America Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Country/Sub-region, 2017–2027
9.4.1. U.S.
9.4.2. Canada
9.4.3. Rest of North America
9.5. North America Submarine Power Cable Market Attractiveness Analysis
9.5.1. by Type
9.5.2. by Application
9.5.3. by Country/Sub-region
10. Europe Submarine Power Cable Market Analysis and Forecast
10.1. Key Findings
10.2. Europe Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Type, 2017–2027
10.2.1. Single-core Cable
10.2.2. Multi-core Cable
10.3. Europe Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
10.3.1. Offshore Wind Power Generation
10.3.2. Inter-country and Island Connection
10.3.3. Offshore Oil Rigs
10.4. Europe Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Country/Sub-region, 2017–2027
10.4.1. U.K.
10.4.2. Germany
10.4.3. France
10.4.4. Rest of Europe
10.5. Europe Submarine Power Cable Market Attractiveness Analysis
10.5.1. by Type
10.5.2. by Application
10.5.3. by Country/Sub-region
11. Asia Pacific (APAC) Submarine Power Cable Market Analysis and Forecast
11.1. Key Findings
11.2. APAC Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Type, 2017–2027
11.2.1. Single-core Cable
11.2.2. Multi-core Cable
11.3. APAC Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
11.3.1. Offshore Wind Power Generation
11.3.2. Inter-country and Island Connection
11.3.3. Offshore Oil Rigs
11.4. APAC Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Country/Sub-region, 2017–2027
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. Rest of Asia Pacific
11.5. Asia Pacific Submarine Power Cable Market Attractiveness Analysis
11.5.1. by Type
11.5.2. by Application
11.5.3. by Country/Sub-region
12. Middle East & Africa (MEA) Submarine Power Cable Market Analysis and Forecast
12.1. Key Findings
12.2. MEA Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Type, 2017–2027
12.2.1. Single-core Cable
12.2.2. Multi-core Cable
12.3. MEA Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
12.3.1. Offshore Wind Power Generation
12.3.2. Inter-country and Island Connection
12.3.3. Offshore Oil Rigs
12.4. MEA Submarine Power Cable Market Value (US$ Mn) and Value (Kilometers) Forecast, by Country/Sub-region, 2017–2027
12.4.1. GCC
12.4.2. South Africa
12.4.3. Rest of Middle East & Africa
12.5. MEA Submarine Power Cable Market Attractiveness Analysis
12.5.1. by Type
12.5.2. by Application
12.5.3. by Country/Sub-region
13. South America Submarine Power Cable Market Analysis and Forecast
13.1. Key Findings
13.2. South America Submarine Power Cable Market Value (US$ Mn) and Volume (Kilometers) Forecast, by Type, 2017–2027
13.2.1. Single-core Cable
13.2.2. Multi-core Cable
13.3. South America Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
13.3.1. Offshore Wind Power Generation
13.3.2. Inter-country and Island Connection
13.3.3. Offshore Oil Rigs
13.4. South America Submarine Power Cable Market Value (US$ Mn) and Volume Forecast, by Country/Sub-region, 2017–2027
13.4.1. Brazil
13.4.2. Rest of South America
13.5. South America Submarine Power Cable Market Attractiveness Analysis
13.5.1. by Type
13.5.2. by Application
13.5.3. by Country/Sub-region
14. Competition Landscape
14.1. Market Players – Competition Matrix
14.2. Global Submarine Power Cable Market Share Analysis (%), by Company (2018)
14.3. Company Profiles (Details – Basic Overview, Recent Developments, Product Details, Revenue, SWOT Analysis, Strategy)
14.3.1. ABB Ltd
14.3.2. Furukawa Electric
14.3.3. General Cable Corporation
14.3.4. Hengtong Group
14.3.5. Hydro Group
14.3.6. KEI Industries
14.3.7. LS Cable & System
14.3.8. Nexans
14.3.9. NKT Holding
14.3.10. Prysmian Group
14.3.11. Sumitomo Electric Industries
15. Key Takeaways
List of TablesTable 01: Global Submarine Power Cable Production Analysis (Kilometers) and Forecast, by Region (2017–2027)
Table 02: Global Submarine Power Cable Market Value (US$ Mn) Forecast, by Type, 2017–2027
Table 03: Global Submarine Power Cable Market Volume (Kilometers) Forecast, by Type, 2017–2027
Table 04: Short-term and Long-term CAGR Analysis
Table 05: Global Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
Table 06: Short-term and Long-term CAGR Analysis
Table 07: Global Submarine Power Cable Market Value (US$ Mn) Forecast, by Country/Sub-region, 2016 – 2026
Table 08: Global Submarine Power Cable Market Volume (Kilometers) Forecast, by Country/Sub-region
Table 09: North America Submarine Power Cable Market Value (US$ Mn) Forecast, by Type, 2017–2027
Table 10: North America Submarine Power Cable Market Volume (Kilometers) Forecast, by Type, 2017–2027
Table 11: Short-term and Long-term CAGR Analysis
Table 12: North America Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
Table 13: Short-term and Long-term CAGR Analysis
Table 14: North America Submarine Power Cable Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027
Table 15: North America Submarine Power Cable Market Volume (Kilometers) Forecast, by Country/Sub-region, 2017–2027
Table 16: Short-term and Long-term CAGR Analysis
Table 17: Europe Submarine Power Cable Market Value (US$ Mn) Forecast, by Type, 2017–2027
Table 18: Europe Submarine Power Cable Market Volume (Kilometers) Forecast, by Type, 2017–2027
Table 19: Short-term and Long-term CAGR Analysis
Table 20: Europe Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
Table 21: Short-term and Long-term CAGR Analysis
Table 22: Europe Submarine Power Cable Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027
Table 23: Europe Submarine Power Cable Market Volume (Kilometers) Forecast, by Country/Sub-region, 2017–2027
Table 24: Short-term and Long-term CAGR Analysis
Table 25: Asia Pacific Submarine Power Cable Market Value (US$ Mn) Forecast, by Type, 2017–2027
Table 26: Asia Pacific Submarine Power Cable Market Volume (Kilometers) Forecast, by Type, 2017–2027
Table 27: Short-term and Long-term CAGR Analysis
Table 28: Asia Pacific Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
Table 29: Short-term and Long-term CAGR Analysis
Table 30: Asia Pacific Submarine Power Cable Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027
Table 31: Asia Pacific Submarine Power Cable Market Volume (Kilometers) Forecast, by Country/Sub-region, 2017–2027
Table 32: Short-term and Long-term CAGR Analysis
Table 33: Middle East & Africa Submarine Power Cable Market Value (US$ Mn) Forecast, by Type, 2017–2027
Table 34: Middle East & Africa Submarine Power Cable Market Volume (Kilometers) Forecast, by Type, 2017–2027
Table 35: Short-term and Long-term CAGR Analysis
Table 36: Middle East & Africa Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
Table 37: Short-term and Long-term CAGR Analysis
Table 38: Middle East & Africa Submarine Power Cable Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027
Table 39: Middle East & Africa Submarine Power Cable Market Volume (Kilometers) Forecast, by Country/Sub-region, 2017–2027
Table 40: Short-term and Long-term CAGR Analysis
Table 41: South America Submarine Power Cable Market Value (US$ Mn) Forecast, by Type, 2017–2027
Table 42: South America Submarine Power Cable Market Volume (Kilometers) Forecast, by Type, 2017–2027
Table 43: Short-term and Long-term CAGR Analysis
Table 44: South America Submarine Power Cable Market Value (US$ Mn) Forecast, by Application, 2017–2027
Table 45: Short-term and Long-term CAGR Analysis
Table 46: South America Submarine Power Cable Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027
Table 47: South America Submarine Power Cable Market Volume (Kilometers) Forecast, by Country/Sub-region, 2017–2027
Table 48: Short-term and Long-term CAGR Analysis