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Submarine Power Cable Market - Top Companies and Manufacturers

  • Report ID: 6188
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Global Submarine Power Cable Market

  1. An Outline of the Submarine Power Cable Market
    1. Market definition
    2. Market segmentation
    3. Solution overview
  2. Assumptions & Abbreviations
  3. Research Methodology & Approach
    1. Research process
    2. Primary research
      1. Service/Solution Providers
      2. End-users
    3. Secondary research
    4. Market size estimation
  4. Summary of the Report for Key Decision Makers
  5. Market Opportunities
  6. Market Dynamics
  7. Market Trends
  8. Major Roadblocks for the Market Growth
  9. Regulatory Landscape
  10. Comparative Analysis of the Current Technologies
  11. Industry Risk Analysis
  12. Industry Pricing Benchmarking & Analysis
  13. SWOT Analysis
  14. Industry Growth Outlook
  15. Use Case Analysis
  16. Industry Supply Chain Analysis
  17. Regional Demand Analysis
  18. Recent News on Submarine Power Cables Market
  19. PORTER Analysis
  20. EXIM Analysis
  21. Patent Analysis
  22. Competitive Positioning
  23. Global Submarine Power Cable Market Outlook
    1. Market Summary
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Year-on-Year (YoY) Growth Trend Analysis
    5. Global Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Core Type, 2024-2037
      1. Single Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Multi Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    6. Global Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Voltage, 2024-2037
      1. Medium, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. High, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    7.  Global Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Conductor Material, 2024-2037
      1. Copper, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Aluminum, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    8. Global Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by End User, 2024-2037
      1. Off-Shore Wind Power Generation, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Inter Country and Island Connection, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Offshore Oil & Gas, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    9. Global Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Region, 2024-2037
      1. North America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Europe, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Asia Pacific excluding Japan, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      4. Japan, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      5. Latin America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      6. Middle East & Africa, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    10. Cross Analysis of Core Type w.r.t. End User (USD Million), 2024-2037
  24. North America Submarine Power Cable Market Outlook
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Year-on-Year Growth Forecast (%)
    5. Market Dynamics
    6. Key players operating in the region
    7. Trends / Opportunities in the market
    8. North America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Core Type, 2024-2037
      1. Single Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Multi Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    9. North America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Voltage, 2024-2037
      1. Medium, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. High, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    10. North America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Conductor Material, 2024-2037
      1. Copper, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Aluminum, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    11. North America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by End User, 2024-2037
      1. Off-Shore Wind Power Generation, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Inter Country and Island Connection, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Offshore Oil & Gas, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    12. North America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. US, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Canada, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    13. Cross Analysis of Core Type w.r.t. End User (USD Million), 2024-2037
  25. Europe Submarine Power Cable Market Outlook
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Year-on-Year Growth Forecast (%)
    5. Market Dynamics
    6. Key players operating in the region
    7. Trends / Opportunities in the market
    8. Europe Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Core Type, 2024-2037
      1. Single Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Multi Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    9. Europe Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Voltage, 2024-2037
      1. Medium, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. High, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    10. Europe Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Conductor Material, 2024-2037
      1. Copper, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Aluminum, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    11. Europe Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by End User, 2024-2037
      1. Off-Shore Wind Power Generation, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Inter Country and Island Connection, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Offshore Oil & Gas, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    12. Europe Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. U.K, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Germany, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. France, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      4. Italy, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      5. Spain, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      6. Russia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      7. Rest of Europe, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    13. Cross Analysis of Core Type w.r.t. End User (USD Million), 2024-2037
  26. Asia Pacific excluding Japan Submarine Power Cable Market Outlook
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Year-on-Year Growth Forecast (%)
    5. Market Dynamics
    6. Key players operating in the region
    7. Trends / Opportunities in the market
    8. Asia Pacific excluding Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Core Type, 2024-2037
      1. Single Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Multi Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    9. Asia Pacific excluding Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Voltage, 2024-2037
      1. Medium, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. High, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    10. Asia Pacific excluding Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Conductor Material, 2024-2037
      1. Copper, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Aluminum, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    11. Asia Pacific excluding Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by End User, 2024-2037
      1. Off-Shore Wind Power Generation, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Inter Country and Island Connection, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Offshore Oil & Gas, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    12. Asia Pacific excluding Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. China, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. India, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. South Korea, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      4. Australia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      5. Vietnam, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      6. New Zealand, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      7. Rest of Asia Pacific, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    13. Cross Analysis of Core Type w.r.t. End User (USD Million), 2024-2037
  27. Japan Submarine Power Cable Market Outlook
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Year-on-Year Growth Forecast (%)
    5. Market Dynamics
    6. Key players operating in the region
    7. Trends / Opportunities in the market
    8. Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Core Type, 2024-2037
      1. Single Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Multi Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    9. Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Voltage, 2024-2037
      1. Medium, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. High, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    10. Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Conductor Material, 2024-2037
      1. Copper, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Aluminum, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    11. Japan Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by End User, 2024-2037
      1. Off-Shore Wind Power Generation, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Inter Country and Island Connection, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Offshore Oil & Gas, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    12. Cross Analysis of Core Type w.r.t. End User (USD Million), 2024-2037
  28. Latin America Submarine Power Cable Market Outlook
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Year-on-Year Growth Forecast (%)
    5. Market Dynamics
    6. Key players operating in the region
    7. Trends / Opportunities in the market
    8. Latin America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Core Type, 2024-2037
      1. Single Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Multi Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    9. Latin America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Voltage, 2024-2037
      1. Medium, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. High, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    10. Latin America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Conductor Material, 2024-2037
      1. Copper, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Aluminum, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    11. Latin America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by End User, 2024-2037
      1. Off-Shore Wind Power Generation, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Inter Country and Island Connection, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Offshore Oil & Gas, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    12. Latin America Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. Brazil, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Argentina, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Mexico, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      4. Rest of Latin America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    13. Cross Analysis of Core Type w.r.t. End User (USD Million), 2024-2037
  29. Middle East & Africa Submarine Power Cable Market Outlook
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2024-2037
    3. Market Increment $ Opportunity Assessment, 2024-2037
    4. Year-on-Year Growth Forecast (%)
    5. Market Dynamics
    6. Key players operating in the region
    7. Trends / Opportunities in the market
    8. Middle East & Africa Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Core Type, 2024-2037
      1. Single Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Multi Core Cable, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    9. Middle East & Africa Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Voltage, 2024-2037
      1. Medium, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. High, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    10. Middle East & Africa Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Conductor Material, 2024-2037
      1. Copper, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Aluminum, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    11. Middle East & Africa Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by End User, 2024-2037
      1. Off-Shore Wind Power Generation, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Inter Country and Island Connection, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. Offshore Oil & Gas, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    12. Middle East & Africa Submarine Power Cable Market Valuation, Business Viewpoint, and Forecast by Country, 2024-2037
      1. GCC, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Israel, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. South Africa, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
      4. Rest of Middle East & Africa, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
    13. Cross Analysis of Core Type w.r.t. End User (USD Million), 2024-2037
  30. Comprehensive Analysis of Leading Players in the Market
    1. Market share of Key Competitors in the Market (%), 2023
    2. Profile of the Major Vendors
      1. Prysmian Spa
      2. KEI Industries Ltd
      3. Nexans Group
      4. Ls cables and systems ltd
      5. ZTT Group
      6. Furukawa Electric Co Ltd
      7. Ningbo Orient Wires & Cables Co., Ltd
      8. Sumitomo Electric Industries Limited
      9. TFKable
      10. ABB Group
      11. Hydro Group

Companies Dominating the Submarine Power Cable Landscape

    The submarine power cable market is expected to observe significant growth due to the key players across the globe who are continuously working on strategies to make their products stand out in the competition. Some of the them include:

    • Prysmian Spa
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • KEI Industries Ltd
    • Nexans Group
    • Ls cables and systems ltd
    • ZTT
    • Furukawa Electric Co Ltd
    • Ningbo Orient Wires & Cables Co., Ltd
    • SumitomoElectricIndustries Limited
    • TFKable
    • ABB Group
    • Hydro Group
Browse Key Market Insights with Data Illustration:

In the News

  • Prysmian PowerLink s.r.l. secured new contracts from the German transmission system operator, 50Hertz of approximately 1.1 billion euros. Prysmian was awarded Lot 2 under the 50Hertz tender for the manufacturing and deploying of sea and land cables, encompassing Engineering, Procurement, Construction, and Installation (EPCI) contracts for the NOR-11-1 marine cable and DC31 land projects, as well as Lot 7.
  • Sumitomo Electric Industries, Ltd. has signed an agreement with Prysmian Group to supply 150 km of HVDC submarine cable for NeuConnect Interconnector, a 1.4 GW power interconnection project between the UK and Germany.

Author Credits:  Dhruv Bhatia


  • Report ID: 6188
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of submarine power cable was over USD 13.04 billion.

The market size for submarine power cable is expected to cross USD 42.8 billion by the end of 2037 expanding at a CAGR of 9.63% during the forecast period i.e., between 2025-2037.

The major players in the market are Prysmian Spa, KEI Industries Ltd, Nexans Group, Ls cables and systems ltd, and others.

The off-shore wind power generation segment is anticipated to garner a size of USD 18.11 billion during 2037.

The Europe sector is poised to gather USD 13.65 billion in revenue by the end of 2037.
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