1 / 7

Global Submarine Power Cable Market – Analysis and Forecast (2018-2024)

Industry Insights by Type (Single, Multicore), by Voltage (Medium, High), by Conductor Material (Copper, Aluminum), by End-User (Offshore Wind Power Generation, Inter-Country & Island Connection, Offshore Oil & Gas)

kumarharindra889
Download Presentation

Global Submarine Power Cable Market – Analysis and Forecast (2018-2024)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Submarine Power Cable Market – Analysis and Forecast (2018-2024)

  2. Global Submarine Power Cable Market Industry Overview Submarine power cable is a transmission cable which is used to carry electric power below the water surface. These are known as submarine, as they carry electric power beneath salt water. These cables can also be used beneath fresh water such as lakes and rivers. The global submarine power cable market is registering a significant growth in the recent years and expected to witness an exponential growth during the forecast period. The growing demand for power generation from renewable energy sources along with increasing number of offshore wind farms, and increasing power generation facilities are the major factors fueling the growth of the submarine power cable market.

  3. Global Submarine Power Cable Market Growth Drivers The advent of offshore renewable energy, increasing environmental concerns, and growing demand from offshore oil and gas operations are the major factors driving the growth of the submarine power cable market. The growing environmental concerns are encouraging various countries to focus on power generation from renewable sources, hence the number of renewable projects which includes wind and tidal energy projects, has increased significantly in the recent years in various parts of the world, resulting in increasing demand of these cables in the market.

  4. Global Submarine Power Cable Market Geographic Overview: Globally, Europe is the key region in the submarine power cable market, owing to the major shift in the region towards the renewable energy. For instance, The European Union (EU) has agreed to the proposal related to investing in energy security by strengthening the cross border energy infrastructure, which can create ample opportunities in the region’s market. Also, countries such as Spain, Germany, and the U.K. are investing significantly in wind power generation projects lately, as these countries are focusing on producing surplus energy which can be transmitted to other countries using inter-country and island connections, which in turn will boost the demand of these cables in the market.

  5. Global Submarine Power Cable Market Competitive Insight The major players in the submarine power cable market are competing against each other on the basis of various factors such as quality, price, range of products, service, delivery time, and others. General Cable Technologies, Nexans, Furukawa Electric, LS Cable & System, Hydro Group, NKT Group, Prysmian Group, Sumitomo Electric Industries, Hengtong Marine Cable Systems, AEI Cables, JDR Cables, ABB, and TE Subcom are some of the major players operating in the submarine power cable industry. Explore Full Report Sample at: https://www.vynzresearch.com/energy-power/submarine-power-cable-market

  6. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  7. Global Submarine Power Cable Market For Free Sample Report :- https://www.vynzresearch.com/energy-power/submarine-power-cable-market/request-sample

More Related