Press release
Submarine Cable System Market Size is Anticipated to Increase During the Study Period to 2030
Submarine Cable System Market Size And Forecasts (2020 - 2030), Global And Regional Share, Trend, And Growth Opportunity Analysis Report Coverage: By Services (Installation Services And Maintenance And Upgrade ), Cable Capacity (Less Than 10 Tb/S, 10-20 Tb/S, 20-30 Tb/S, And More Than 30 Tb/S), Application (Communication And Energy & Power), And Type (Single-Core And Multi-Core) The submarine cable system market size was valued at US$ 12.58 billion in 2022 and is expected to reach US$ 30.50 billion by 2030; it is estimated to record a CAGR of 11.7% from 2022 to 2030.Get PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00004541?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Submarine Cable System Market:
The growing number of projects based on HVDC power transmission technology is likely to create new opportunities in the submarine cable systems market growth during the forecast period. The increasing demand for transmitting energy over long distances, including wide and deep-water bodies, necessitates the integration of renewable energy sources. As the installation of submarine cable systems rises, there is a growing need for efficient power transmission and reduced dissipative losses. High-voltage direct current (HVDC) submarine power cables offer various advantages over conventional high-voltage alternating current (HVAC) technologies, making them a preferred choice for efficient power transmission.HVDC power transmission technology is rapidly evolving, enabling the transfer of electrical power from offshore power generation sites to the mainland. China, Brazil, and many other developing countries are already utilizing HVDC transmission systems to transmit several gigawatts of electrical power over long distances. This technology is particularly beneficial for integrating renewable energy sources and reducing dissipative losses in submarine cable systems. Therefore, the submarine cable system market is growing significantly..
Fujitsu Limited
Hawaiki Cable Limited
HMN Technologies
Mitsubishi Electric Corporation
NEC Corporation
Nexans Sa
Nokia Corporation
Prysmian Group
Subcom, LLC
Sumitomo Electric Industries, Ltd.
Chapter Details of Submarine Cable System Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Submarine Cable System Market Landscape
Part 04: Submarine Cable System Market Sizing
Part 05: Submarine Cable System Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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