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Submarine Power Cables Market: Summary The Global Submarine Power Cables Market is estimated to reach USD 19.57 Billion in 2024 at a CAGR of 12.7%. Increasing adoption of offshore wind farms, growing demand for renewable grid connections, and expanding offshore oil and gas platforms are expected to drive the market during the forecast period. However, authorization process of the project and initial installation cost of the product is expected to restrain the market during the forecast period. Submarine power cable is a type of transmission cable which carry electronic power below the surface of the water. They are called submarine power cable because they usually carry electric power beneath salt water and many other water sources. For the transmission of electric power through submarine power cables, direct current (DC) is preferred because DC cables requires low reactive power than submarine AC cables. Some key players in submarine power cables market are Nexans SA, The Prysmian Group, Furukawa Electric Co Ltd, NKT A/S, and HENGTONG GROUP CO. LTD among others. Request Sample Report PDF is Here: https://www.forencisresearch.com/submarine-power-cables-market-sample-pdf/ Submarine Power Cables Market: Segmentation This market research report offers a comprehensive analysis of key market trends in the global market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by tactful feedbacks. On the basis of type, the market is segmented into high voltage alternating current (HVAC) and high voltage direct current (HVDC). By material, the global market is segmented into conductor and insulator. On the basis of voltage, the market is segmented into medium (> 66 kV), high (66 kV to 220 kV), extra high (> 220 kV to 400 kV), and ultra-high (> 400 kV). By core the market is segmented into single core and multi-core. By end use industry, the global market is segmented into offshore renewable power generation, island and intercountry connections, and oil and gas. Submarine Power Cables Market: Report Scope The report on the submarine power cables market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation. Companies Covered 

Nexans SA (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

The Prysmian Group

Furukawa Electric Co Ltd

Intertek Group plc

HENGTONG GROUP PVT LTD


Sumitomo Electric Industries, Ltd

Hydro Group Plc

NKT A/S

ZTT

TFKable

Other Key Companies See Press Release for More Information: https://www.forencisresearch.com/submarine-power-cables-market-to-reach-usd-19-57billion-in-2024/ Submarine Power Cables Market: Report Segmentation For the scope of report, In-depth segmentation is offered by Forencis Research Submarine Power Cables Market by Type

High voltage alternating current (HVAC)

High voltage direct current (HVDC) Submarine Power Cables Market, by Material

Conductor

Insulator Submarine Power Cables Market, by Voltage

Medium (> 66 kV)

High (66 kV to 220 kV)

Extra high (> 220 kV to 400 kV)

Ultra-high (> 400 kV) Submarine Power Cables Market, by Core (Qualitative Chapter)

Single Core

Multi-Core Submarine Power Cables Market by, End-Use Industry

Offshore renewable power generation

Island and Intercountry Connections

Offshore Oil and Gas Submarine Power Cables Market by Region

Asia-Pacific

China

Japan


South Korea

India

Australia

Rest of Asia-Pacific

North America

US

Canada

Mexico

Europe

Germany

Norway

Sweden

Denmark

UK

Spain

Rest of Europe

Middle East and Africa

Saudi Arabia

UAE

Rest of Middle East & Africa

South America

Brazil

 

Argentina Rest of South America Click here to know Market Request Methodology: https://www.forencisresearch.com/submarine-power-cables-market-request-methodology/

1 INTRODUCTION 1.1

Research Objectives

1.2

Market Definition

1.3

Research Scope

1.4

Regional Coverage

1.5

Research Timeline


1.6

Assumptions

1.7 Limitations 2 RESEARCH DESIGN & SCOPE 2.1

Introduction

2.2

Primary Research 2.2.1 Key Industry Expert Insight

2.3

Secondary Research 2.3.1 Vital Data from Secondary Sources

2.4

Market Size Estimation

2.5 Data Validation & Triangulation 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1

Introduction

4.2

Drivers 4.2.1. Increasing adoption of offshore wind farms 4.2.2. Growing demand for renewable grid connections 4.2.3. Expanding oil and gas offshore platforms

4.3

Restraints 4.3.1. Initial installation cost of the product 4.3.2. Authorization process of the project

4.4

Opportunities 4.4.1. Marine renewable energy sector 4.4.2. Increasing demand for high voltage direct current (HVDC) submarine power cable

4.5

Challenges

4.5.1. Cable damage through human interventions 5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS 5.1

Introduction 5.1.1. Power of Buyers 5.1.2. Power of Suppliers 5.1.3. Intensity of Competition 5.1.4. Challenges of Substitutes 5.1.5. Challenges of New Entrants

5.2 Macro-Economic Indicators 6 GLOBAL SUBMARINE POWER CABLES MARKET BY TYPE, Market Size in USD Million and Kilometers (2017—2024) 6.1

Introduction

6.2

High Voltage Alternating Current (HVAC)

6.3 High Voltage Direct Current (HVDC) 7 GLOBAL SUBMARINE POWER CABLES MARKET BY CORE, Market Size in USD Million and Kilometers (2017—2024) 7.1

Introduction

7.2

Single Core

7.3

Multi-Core


8 GLOBAL SUBMARINE POWER CABLES MARKET BY VOLTAGE, Market Size in USD Million and Kilometers (2017—2024) 8.1

Introduction

8.2

Medium Voltage (>66 KV)

8.3

High Voltage (66KV to 220KV)

8.4

Extra High Voltage (220KV to 400KV)

8.5 Ultra High Voltage(>400KV) 9 GLOBAL SUBMARINE POWER CABLES MARKET BY MATERIAL, Market Size in USD Million and Kilometers (2017—2024) 9.1

Introduction

9.2

Conductor

9.3 Insulator 10 GLOBAL SUBMARINE POWER CABLES MARKET BY END-USE INDUSTRY, Market Size in USD Million and Kilometers (2017—2024) 10.1 Introduction 10.2 Offshore Renewable Power Generation 10.3 Island and Intercountry Connections 10.4 Offshore Oil and Gas 11 GLOBAL SUBMARINE POWER CABLES MARKET BY REGION, Market Size in USD Million and Kilometers (2017—2024) 11.1 North America 11.1.1 US 11.1.2 Canada 11.1.3 Mexico 11.2 Europe 11.2.1 Germany 11.2.2 Norway 11.2.3 Sweden 11.2.4 UK 11.2.5 Denmark 11.2.6 Spain 11.2.7 Rest of Europe 11.3 Asia-Pacific 11.3.1 China 11.3.2 Japan 11.3.3 India 11.3.4 South Korea 11.3.5 Australia 11.3.6 Rest of Asia-Pacific 11.4 Middle East 11.4.1 Saudi Arabia 11.4.2 UAE 11.4.3 Rest of Middle East


11.5 South America 11.5.1 Brazil 11.5.2 Argentina 11.5.3 Rest of South America 12 COMPETITIVE LANDSCAPE 12.1 Introduction 12.2 Market Ranking/Share Analysis of Key Companies 12.3 Company Benchmarking 13 COMPANY PROFILES 13.1 Nexans SA 13.1.1 Company Overview 13.1.2 Financial Overview 13.1.3 Products/Solutions/Services Offered 13.1.4 Key Developments 13.1.5 SWOT Analysis 13.2 The Prysmian Group 13.3 NKT A/S 13.4 Furukawa Electric Co Ltd 13.5 Intertek Group plc 13.6 HENGTONG GROUP CO. LTD 13.7 Sumitomo Electric Industries, Ltd 13.8 Hydro Group Plc. 13.9 ZTT 13.10 TFKable 13.11 Other Key Companies 14 APPENDIX 14.1 Key Industry Expert Insights 14.2 Primary Discussion Guide 14.3 Customization Options

To Purchase this Premium Report Click Here: https://www.forencisresearch.com/submarine-power-cables-market-purchase-now/ About Forencis Research Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis


Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES�. Contact Us FORENCIS RESEARCH Phone: +1 (720) 306 9020 Email: info@forencisresearch.com For more market research insights, please visit https://www.forencisresearch.com

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Global Submarine Power Cables Market is estimated to reach USD 19.57 Billion in 2024 at a CAGR of 12  

Submarine Power Cables Market by Type (HVAC, HVDC), by Material (Conductor, Insulation), by Voltage (Medium, High) by End-Use Industry (Offs...

Global Submarine Power Cables Market is estimated to reach USD 19.57 Billion in 2024 at a CAGR of 12  

Submarine Power Cables Market by Type (HVAC, HVDC), by Material (Conductor, Insulation), by Voltage (Medium, High) by End-Use Industry (Offs...

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