Press release
Submarine Power Cable 2017 Global Market Expected to Grow at CAGR 5.12% and Forecast to 2021
Submarine Power Cable Market 2017
The analysts forecast the global submarine power cable market to grow at a CAGR of 5.12% during the period 2017-2021.
Submarine power cables are used to transmit electricity below the ocean, that is, deep under the sea bed. These cables are used to transfer electricity from offshore wind turbines, tidal power projects, and onshore locations to oil rigs as well as to transmit electricity across countries or islands. Countries such as the UK and Germany that generate huge amounts of renewable energy through wind turbines use submarine power cables to export it to neighboring countries having less energy generation capacity.
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Covered in this report
The report covers the present scenario and the growth prospects of the global submarine power cable market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Submarine Power Cable Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• General Cable Technologies
• Nexans
• NKT Group
• Prysmian Group
• Sumitomo Electric Industries
Other prominent vendors
• Belden
• Hangzhou Cable
• Hengtong Marine Cable System
• KEI Industries
• LS Cable & System
• Southwire
• ZTT
Market driver
• Increasing inter-country and island connections
• For a full, detailed list, view our report
Market challenge
• Damages caused to cables by human interventions
• For a full, detailed list, view our report
Market trend
• Bladeless wind turbines
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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Table Of Contents – Major Key Points
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Market outline
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by end-user
• Market overview
• Global submarine power cable market by offshore wind
• Global submarine power cable market by island connection and inter-country
• Global submarine power cable market by offshore oil
PART 07: Geographical segmentation
• Market overview
• Submarine power cable market in EMEA
• Submarine power cable market in APAC
• Submarine power cable market in Americas
PART 08: Decision framework
PART 09: Drivers and challenges
• Market drivers
• Market challenges
PART 10: Market trends
• Bladeless wind turbines
• Increasing need for HVDC power cables
• Volatile raw material prices
PART 11: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 12: Key vendor analysis
• General Cable Technologies
• Nexans
• NKT Group
• Prysmian Group
• Sumitomo Electric Industries
Continue…….
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