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Subsea Cables Market - Quantitative Market Analysis, Current and Future Trends: 2026

12-05-2017 06:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Subsea Cables Market - Quantitative Market Analysis, Current

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.

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Subsea Cables: Drivers & Restraints

The high reliability and high carrying capacity of subsea cables are making it economic in terms of cost and its usefulness. They are valued not only by the businesses that are building and operating them for profit, but also by national governments across the globe. The increasing reliability on the subsea cables is expected to drive the global subsea cables market in the coming years.

The major restraint in the global subsea cables market implies to be requirement of dozens of repairs each year, which happens less frequently compared to the terrestrial networks. Fishing and shipping activities are considered as a common threat to the subsea cables. Increasing natural disasters are also posing threat to the concerned industry.

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Subsea Cables: Segmentation

On the basis of ownership, the global subsea cables market is segmented as private cables, bilateral cables and consortium cables.

On the basis of product type, the global subsea cables market is segmented as High Voltage AC Cables and High Voltage DC Cables.

Subsea Cables: Region-wise Outlook

The global subsea cables market is expected to register a favourable growth for the forecast period, 2016?2026. Asia-Pacific is projected to endure its control on the global subsea cables market. The key regions in the global subsea cables market are projected to be Africa; Europe, SEA, and ME Intercontinental; Australia/New Zealand Intercontinental; Latin America; Trans-Atlantic; Trans-Pacific and Others.

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Subsea Cables: Key Players

Some of the key market participants in global subsea cables market are Alcatel-Lucent Submarine Networks, Fujitsu Global, Huawei Marine Networks, NEC, Nexans, Norddeutsche Seekabelwerke and others.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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