Press release
Submarine Electricity Transmission Market: Competitive Dynamics & Global Outlook 2023
Submarine electricity transmission allows the transfer of energy below the surface of water. Submarine power cables are major transmission cables for carrying electric power beneath water. Demand for submarine cables is growing as countries and regions make commitments to offshore renewable power generation.
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Global Submarine Electricity Transmission Market: Forecast by Type / Application / Region
Submarine power transmission can be economically more beneficial than overhead transmission, on account of reduction in the total cost of system ownership. The power surplus countries are looking for opportunities to sell electricity to countries that are power starved. The power trading between countries results in an optimal usage of power generation facilities, which requires the availability of the most appropriate systems. The submarine power transmission systems can be very handy in power transportation between countries, which is a big boost for their adoption.
The worldwide market for Submarine Electricity Transmission is expected to grow at a CAGR of roughly x% over the next five years, will reach x million US$ in 2023, from x million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Submarine Electricity Transmission in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
ABB
Nexans
Sumitomo
Norddeutsche Seekabelwerke
NKT Cables
Fujikura
Prysmian
Energinet
Vattenfall
Korea Electric Power
Viscas
Dong Energy
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Related Information:
United States Submarine Electricity Transmission Market 2018 Forecast to 2023
Europe Submarine Electricity Transmission Market 2018 Forecast to 2023
North America Submarine Electricity Transmission Market 2018 Forecast to 2023
Asia-Pacific Submarine Electricity Transmission Market 2018 Forecast to 2023
China Submarine Electricity Transmission Market 2018 Forecast to 2023
EMEA Submarine Electricity Transmission Market 2018 Forecast to 2023
Global Submarine Electricity Transmission Market 2018 Forecast to 2023
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