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Submarine Power Cable Market Size

  • 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

Submarine Power Cable Market Size

Submarine Power Cable Market size is evaluated at USD 13.04 Billion in 2024 and is poised to cross USD 42.8 Billion by the end of 2037, expanding at more than 9.63% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of submarine power cable is estimated at USD 14.2 Billion.

This growth of the market is set to be encouraged by the surging installation of offshore wind turbines. As per the prediction of the Department of Energy, in 2023, the total capacity of offshore wind energy across the globe reached 59,009 MW from close to 292 operating projects and approximately 11,900 operating wind turbines. Therefore, the revenue for the submarine power cable market is expected to increase.

Submarine Power Cable Market Overview
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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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