Press release
Shipboard Cables Market Predicted To Raising Growth At A CAGR Of 7.5% By 2026 | Fujitsu Limited, Belden, SAB Cable, FSC Global
Shipboard Cables Market
The regions covered in the shipboard cables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest shipboard cables market share.
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The shipboard cables market consists of sales of shipboard cables and related services. Shipboard cables are used for electrical installations in ships and offshore platforms for the transfer of electric power to electric panels for lighting, control circuits, the transmission of vital instrumentation signals. They are fire-resistant, flame retardant, low smoke & halogen-free cables.
Key competitors in the shipboard cables market are Eaton Corporation, Fujitsu Limited, Belden, SAB Cable, FSC Global, Belcom Cables Ltd, Leoni AG.
The global shipboard cables market size is expected to grow from $5.63 billion in 2021 to $6.26 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The shipboard cable market is expected to reach $8.36 billion in 2026 at a CAGR of 7.5%.
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TBRC's report segments the global shipboard cables market:
1) By Type: Fiber-Optic Cables, Electric Cables
2) By Voltage: Medium Voltage Cable, Low Voltage Cable
3) By Application: Marine and Offshore, Oil and Gas and Petrochemical, Others
Read Further On The Shipboard Cables Market Here:
https://www.thebusinessresearchcompany.com/report/shipboard-cables-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Shipboard Cables Market Characteristics
3. Shipboard Cables Market Trends And Strategies
4. Impact Of COVID-19 On Shipboard Cables
5. Shipboard Cables Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Shipboard Cables Market
29. Shipboard Cables Market Future Outlook And Potential Analysis
30. Appendix
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