Press release
Submarine Cables Market Growth Statistics to Make Multi-Billion Dollar Market during 2020 - 2025 | General Cable Technologies, Nexans, NKT Group, Prysmian Group
Submarine Cables Market
Submarine or subsea cables are a complete necessity today, on par with global positioning satellites and sea freight. Subsea cables are the cables laid on the sea bed between land-based stations to benefit the telecommunication signal across the stretches of ocean. The subsea cables allows us to quickly send our mails, browse videos, etc. The length of a subsea cable varies with a distance of few kilometres to more than 35,000 kilometres. The growth in subsea cables market is anticipated to grow largely as they are becoming increasingly important to interlink countries and are a source of promoting global economic growth, thereby driving the demand for subsea cables across the globe.
Get Access to Report Sample @ https://www.businessindustryreports.com/sample-request/267790
Global Submarine Cables Market: Growth Factors
The growth of the submarine cable industry can be attributed to the surge in global bandwidth demand, increasing internet connection worldwide, rising new offshore wind capacity additions, and growing demand for inter-country & island connections.
Global Submarine Cables Market: Segmentation
On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Impregnated Paper Cable, Self-Contained Oil-Filled Cable. Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Communication, Electric Power.
Governments of different countries across the world are focusing on increasing their electricity generation ouput from renewable sources of energy. Offshore wind farms have emerged as an integral part of the renewable power generation capacity of countries. Increasing investments in the development of offshore wind projects globally are expected to drive the demand for submarine power cables during the forecast period.
Global Submarine Cables Market: Regional Analysis
Asia Pacific was a prominent market for Submarine Cabless in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Submarine Cables market in Asia Pacific.
There are several manufacturers of Submarine Cabless in Europe and North America. In North America, the demand for Submarine Cabless is primarily driven by the residential sector. Improved standards of living and rising usage of Submarine Cabless for flooring purpose are anticipated to drive the market in North America.
Global Submarine Cables Market: Competitive Players
Some of the major players that operate in the Global Submarine Cables Market are General Cable Technologies, Nexans, NKT Group, Prysmian Group, Sumitomo Electric Industries, Belden, Hangzhou Cable, Hengtong Marine Cable System, KEI Industries, LS Cable & System, Southwire, ZTT.
Latest Industry Updates:
Nexans, the global expert in advanced cabling and connectivity solutions, Eversource, New England's premier transmission builder, and rsted, the world leader in offshore wind, announced today a framework agreement. The agreement will reinforce their long-term partnership and will result in Nexans having the opportunity to provide up to 1,000 km of subsea high voltage export cables for rsted's offshore wind farms in North America. The first delivery is expected by 2022 and the agreement extends until 2027.
"Our partnership with rsted and Eversource will accelerate the energy transition in North America and bring Nexans' industry-leading subsea cable technology to the U.S.," explained Vincent Dessale, Senior Executive Vice President, Nexans Subsea and Land Systems Business Group. "Nexans' advanced subsea cables will contribute both to the overall performance and to increasing the energy efficiency of rsted's projects."
Buy Submarine Cables Market analysis & forecast 2020-2024 Report along with complete TOC@ https://www.businessindustryreports.com/buy-now/267790/single
Global Submarine Cables Market: Regional Segment Analysis
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
What Report Provides
Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.
Get Best Discount On This Report @ https://www.businessindustryreports.com/check-discount/267790
Table of Contents:
Global Submarine Cables Market Report 2020
1 Submarine Cables Definition
2 Global Submarine Cables Market Major Player Share and Market Overview
3 Major Player Submarine Cables Business Introduction
4 Global Submarine Cables Market Segmentation (Region Level)
5 Global Submarine Cables Market Segmentation (Product Type Level)
6 Global Submarine Cables Market Segmentation (Industry Level)
7 Global Submarine Cables Market Segmentation (Channel Level)
8 Submarine Cables Market Forecast 2020-2024
................... Request free sample to get a complete Table of Content
About us
BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined - we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
Media Contact
Business Industry Reports
Pune - India
sales@businessindustryreports.com
+19376349940
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Submarine Cables Market Growth Statistics to Make Multi-Billion Dollar Market during 2020 - 2025 | General Cable Technologies, Nexans, NKT Group, Prysmian Group here
News-ID: 2038416 • Views: …
More Releases from Business Industry Reports
Tetracaine Market Exhibits a Lucrative Growth Potential during 2021-2025 | Endo …
BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Tetracaine Market” Research Report 2021 provides an in-depth analysis of the Tetracaine with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Tetracaine on the basis of a number of criteria,…
Cyber Warfare Market Evenly Poised To Reach A Market Value of US$ By Share, Size …
Overview of Global Cyber Warfare Market:
This report provides in-depth study of “Global Cyber Warfare Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cyber Warfare Market report also provides an in-depth survey of key players in the market organization.
According to the market research study, the Cyber Warfare is virtual conflict between state, organization, or country by the use of computer technology to disrupt activities…
Covid-19 Impact on Cranio Maxillofacial Implant Market 2021-2025: Business Growt …
Overview of Global Cranio Maxillofacial Implant Market:
This report provides in-depth study of “Global Cranio Maxillofacial Implant Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cranio Maxillofacial Implant Market report also provides an in-depth survey of key players in the market organization.
According to the market research study, Craniomaxillofacial Implants are medical implants used in surgeries of maxillofacial region such as, head, face, neck, oral,…
Beginning of the bloom: The Rise of the Biohacking Market 2021-2025 | Global Key …
Global Biohacking Market Synopsis:
The report covers a forecast and an analysis of the Biohacking Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Biohacking Market along with the impact they have on the demand over the forecast…
More Releases for Cable
Cable Management Market by Type (Cable Trays, Cable Raceway, Cable Conduits, Cab …
The Cable Management Market would portray a significant CAGR by 2027, as per the latest report published by Allied Market Research.
Allied Market Research recently published a report, titled, “Cable Management Market by Type (Cable Trays, Cable Raceway, Cable Conduits, Cable Connectors &Glands, Cable Carriers, cable Lugs, Cable Junction Boxes, and Others), and End User (IT & Telecommunication, Commercial Construction, Energy, Manufacturing and Automation, Marine, Mining, Healthcare, and Others): Global Opportunity…
Automotive Control Cable Market 2019 Precise Outlook - SAB Cable, Allied Wire & …
Global Automotive Control Cable Market Report 2019-2025 provides insightful data about business strategies, qualitative and quantitative analysis of Global Market. The report also calls for market – driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time…
Cable & Accessories Industry - Nexans, General Cable Technologies, ABB, Brugg, P …
Electrical cable, an assembly of one or more wires which may be insulated, used for transmission of electrical power or signals
Wide array and volume of cable & accessories applications, high demand from residential to industrial applications and increasing power demand is expected to drive growth in cable and accessories market. Furthermore, Growth in rural electrification especially in the developing economies, growing use of cable & accessories in various industries and…
Global Submarine Cable Market 2017: General Cable, Nexans, Prysmian Group, Allie …
Submarine Cable Market Research Report 2017
In this report, the global Submarine Cable market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report split global into several key Regions, with sales (volume), revenue (value), market share and growth rate of Submarine Cable for these regions, from 2012…
Cable Management System Market (Cable Tray, Cable Ladder, Raceway, Cable Trunkin …
This report on the global cable management system market provides analysis for the period from 2014 to 2024, wherein 2015 is the base year and the years from 2016 to 2024 are the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends and technologies playing a major role in the growth of the cable management systems market over the forecast period…
Global Nuclear Power Cable Market 2016 : Qingdao Hanlan Cable, Jiangsu Shangshan …
A market study based on the "Nuclear Power Cable Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Nuclear Power Cable Market 2016’. The research report analyzes the historical as well as present performance of the global Nuclear Power Cable market, and makes predictions on the future status of Nuclear Power Cable market on the basis of this analysis.
Get Free Sample Copy of Report…
