Product Code: TMRGL26633
Submarine Power Cable Market - Scope of Report
The report by Transparency Market Research (TMR) on the global submarine power cable market provides historic, current, and future growth trends and opportunities for the period 2020-2031; where volume (in kilometers) and revenue (in US$ Mn) is provided for submarine power cable for 2020 (historic), 2021 (actual and base data for all calculations), and 2022-2031 (forecast). The report also provides the compound annual growth rate (CAGR %) of the global submarine power cable market in terms of both volume and revenue for the period, 2022-2031.
The report has been prepared with extensive primary and secondary research. Primary research involved the majority of the research efforts, wherein analysts carried out interviews with key manufacturers, end-consumers, industry experts, independent consultants, and opinion-makers. Secondary research involved referring to company websites, annual reports, investor's presentations, press releases, patents database, import-export statistics, and other relevant documents to understand the submarine power cable market. Secondary research also included TMR internal repository, industry associations, government agencies, and proprietary databases. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global submarine power cable market.
The report includes an executive summary, along with a market overview and an elaborative analysis of the growth behavior in various segments that are included in the scope of the study. The report also covers a high-level picture of the production processes and product specifications pertaining to submarine power cable. Furthermore, the report provides insights on the changing competitive dynamics, which serve as valuable tools for existing market players as well as for entities interested in participating in the market.
In addition to the above, the report also delves into the competitive landscape in terms of identifying the universe of players operating in the submarine power cable market and comprehensive profiles of the key players including their business overview, key financials, market shares, market footprints, production capacities, and strategic initiatives including new product developments, mergers & acquisitions, etc.
RESEARCH METHODOLOGY
The research methodology is a combination of exhaustive primary and secondary research to analyze the submarine power cable market.
Secondary Research
Secondary research included a search of company literature, technical writing, patent data, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants' insights, and recognizing business opportunities.
Secondary research sources that we referred, but are not limited to:
- Company websites, presentations, annual reports, white papers, technical papers, product brochures
- Internal and external proprietary databases and relevant patents
- National government documents, statistical databases, and market reports
- News articles, press releases, and webcasts specific to companies operating in the market
Specific Secondary Sources:
Industry Sources:
- European Subsea Cables Association
- International Cable Protection Committee
- Atlantic Cable Maintenance & Repair Management
- Trade Data Sources
- Trade Map
- UN Comtrade
- Trade Atlas
- Company Information
- OneSource Business Browser
- Hoover's
- Factiva
- Bloomberg
- Mergers & Acquisitions
- Thomson Mergers & Acquisitions
- MergerStat
- Profound
- Primary Research
- During the course of the research, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research
We conducted primary interviews with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:
- Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
- Helps in validating and strengthening secondary research findings
- Further develops the analysis team's expertise and market understanding
- Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies
Participants who took part in the process include, but are not limited to:
- Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
- Purchasing/Sourcing managers, technical personnel, distributors
- Outside experts: Investment bankers, valuation experts, and research analysts
- Key opinion leaders specializing in this market with respect to different industry verticals
Primary participants include, but are not limited to:
- ABB Ltd
- Nexan SA
- General Cable Corp.
- NKT SpA
- Prysmian Group
- Data Triangulation: Information culled from "Secondary & Primary Sources" is cross-checked with "TMR Knowledge Repository", which is updated every quarter
- submarine power cable market research
Market Estimation: Market size estimations involved an in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we used modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:
- Demographic Data: population, inflation rates, and others
- Industry Indicators: production data, R&D investment, technology stage, and infrastructure, sector growth, and facilities
- Market Forecasting: Market forecasts for various segments are derived by taking into account drivers, restraints/challenges, opportunities prevailing in the market, and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise consumption data are some of the other pivotal factors, which are considered to derive market forecasts.
- Global Submarine Power Cable Market - Segmentation
- TMR's study on the global submarine power cable market includes information divided into type, application, and region. Changing industry trends and other market dynamics associated with these segments of the global submarine power cable market are discussed in detail.
- Type
- Sing Core Cable
- Multi Core Cable
- Application
- Offshore Wind power Generation
- Inter-country and Island Connection
- Offshore Oil Rigs
- Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Table of Contents
1. Executive Summary
- 1.1. Submarine Power Cable Market Snapshot
- 1.2. Current Market and Future Potential
2. Market Overview
- 2.1. Market Segmentation
- 2.2. Market Trends
- 2.3. Market Dynamics
- 2.3.1. Drivers
- 2.3.2. Restraints
- 2.3.3. Opportunities
- 2.4. Porter's Five Forces Analysis
- 2.5. Regulatory Analysis
- 2.6. Value Chain Analysis
- 2.6.1. List of Raw Material Providers - Power Conductor (Copper & Aluminum)
- 2.6.2. List of Raw Material Providers - Insulation Material (Ethylene Propylene Rubber)
- 2.6.3. List of Raw Material Providers - Fibre Optic Cables
- 2.6.4. List of Raw Material Providers - Conductive Polymer
- 2.6.5. List of Raw Material Providers - paper Tapes
- 2.6.6. List of Key Manufacturers
- 2.6.7. List of Suppliers/ Distributors
- 2.6.8. List of Potential Customers
- 2.6.9. Production Overview/ Route of Synthesis
3. COVID-19 Impact Analysis
4. Production Output Analysis, 2022
5. Price Trend Analysis
6. Global Submarine Power Cable Market Analysis and Forecast, by Type, 2022-2031
- 6.1. Introduction and Definitions
- 6.2. Global Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 6.2.1. Single core Cable
- 6.2.2. Multi core Cable
- 6.3. Global Submarine Power Cable Market Attractiveness, by Type
7. Global Submarine Power Cable Market Analysis and Forecast, by Application, 2022-2031
- 7.1. Introduction and Definitions
- 7.2. Global Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 7.2.1. Offshore Wind Power Generation
- 7.2.2. Inter-country and Island Connection
- 7.2.3. Offshore Oil rigs
- 7.3. Global Submarine Power Cable Market Attractiveness, by Application
8. Global Submarine Power Cable Market Analysis and Forecast, by Region, 2022-2031
- 8.1. Key Findings
- 8.2. Global Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Region, 2022-2031
- 8.2.1. North America
- 8.2.2. Europe
- 8.2.3. Asia Pacific
- 8.2.4. Middle East & Africa
- 8.2.5. Latin America
- 8.3. Global Submarine Power Cable Market Attractiveness, by Region
9. North America Submarine Power Cable Market Analysis and Forecast, 2022-2031
- 9.1. Key Findings
- 9.2. North America Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 9.3. North America Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 9.4. North America Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Country, 2022-2031
- 9.4.1. U.S. Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 9.4.2. U.S. Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 9.4.3. Canada Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 9.4.4. Canada Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 9.5. North America Submarine Power Cable Market Attractiveness Analysis
10. Europe Submarine Power Cable Market Analysis and Forecast, 2022-2031
- 10.1. Key Findings
- 10.2. Europe Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 10.3. Europe Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 10.4. Europe Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
- 10.4.1. Germany Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by KM, 2022-2031
- 10.4.2. Germany Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 10.4.3. France Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 10.4.4. France Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 10.4.5. U.K. Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 10.4.6. U.K. Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 10.4.7. Italy Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 10.4.8. Italy Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 10.4.9. Russia & CIS Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 10.4.10. Russia & CIS Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 10.4.11. Rest of Europe Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 10.4.12. Rest of Europe Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 10.5. Europe Submarine Power Cable Market Attractiveness Analysis
11. Asia Pacific Submarine Power Cable Market Analysis and Forecast, 2022-2031
- 11.1. Key Findings
- 11.2. Asia Pacific Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type
- 11.3. Asia Pacific Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 11.4. Asia Pacific Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
- 11.4.1. China Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 11.4.2. China Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 11.4.3. Japan Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 11.4.4. Japan Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 11.4.5. India Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 11.4.6. India Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 11.4.7. ASEAN Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 11.4.8. ASEAN Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 11.4.9. Rest of Asia Pacific Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 11.4.10. Rest of Asia Pacific Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 11.5. Asia Pacific Submarine Power Cable Market Attractiveness Analysis
12. Latin America Submarine Power Cable Market Analysis and Forecast, 2022-2031
- 12.1. Key Findings
- 12.2. Latin America Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 12.3. Latin America Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 12.4. Latin America Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
- 12.4.1. Brazil Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 12.4.2. Brazil Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 12.4.3. Mexico Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 12.4.4. Mexico Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 12.4.5. Rest of Latin America Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 12.4.6. Rest of Latin America Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 12.5. Latin America Submarine Power Cable Market Attractiveness Analysis
13. Middle East & Africa Submarine Power Cable Market Analysis and Forecast, 2022-2031
- 13.1. Key Findings
- 13.2. Middle East & Africa Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 13.3. Middle East & Africa Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 13.4. Middle East & Africa Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
- 13.4.1. GCC Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 13.4.2. GCC Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 13.4.3. South Africa Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 13.4.4. South Africa Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 13.4.5. Rest of Middle East & Africa Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Type, 2022-2031
- 13.4.6. Rest of Middle East & Africa Submarine Power Cable Market Volume (Kilometers) and Value (US$ Mn) Forecast, by Application, 2022-2031
- 13.5. Middle East & Africa Submarine Power Cable Market Attractiveness Analysis
14. Competition Landscape
- 14.1. Global Submarine Power Cable Company Market Share Analysis, 2022
- 14.2. Company Profiles (Details - Overview, Financials, Recent Developments, and Strategy)
- 14.2.1. ABB Ltd
- 14.2.1.1. Company Description
- 14.2.1.2. Business Overview
- 14.2.1.3. Financial Overview
- 14.2.1.4. Strategic Overview
- 14.2.2. Nexan SA
- 14.2.2.1. Company Description
- 14.2.2.2. Business Overview
- 14.2.2.3. Financial Overview
- 14.2.2.4. Strategic Overview
- 14.2.3. General Cable Corp
- 14.2.3.1. Company Description
- 14.2.3.2. Business Overview
- 14.2.3.3. Financial Overview
- 14.2.3.4. Strategic Overview
- 14.2.4. NKT SpA
- 14.2.4.1. Company Description
- 14.2.4.2. Business Overview
- 14.2.4.3. Financial Overview
- 14.2.4.4. Strategic Overview
- 14.2.5. Prysmian Group
- 14.2.5.1. Company Description
- 14.2.5.2. Business Overview
- 14.2.5.3. Financial Overview
- 14.2.5.4. Strategic Overview
- 14.2.6. Sumitomo Corp
- 14.2.6.1. Company Description
- 14.2.6.2. Business Overview
- 14.2.6.3. Financial Overview
- 14.2.6.4. Strategic Overview
- 14.2.7. Furukawa electric Group
- 14.2.7.1. Company Description
- 14.2.7.2. Business Overview
- 14.2.7.3. Financial Overview
- 14.2.7.4. Strategic Overview
- 14.2.8. LS Cable & System
- 14.2.8.1. Company Description
- 14.2.8.2. Business Overview
- 14.2.8.3. Financial Overview
- 14.2.8.4. Strategic Overview
- 14.2.9. HENGSTON GROUP CO, LTD.
- 14.2.9.1. Company Description
- 14.2.9.2. Business Overview
- 14.2.9.3. Financial Overview
- 14.2.9.4. Strategic Overview
- 14.2.10. KEI Industries Ltd.
- 14.2.10.1. Company Description
- 14.2.10.2. Business Overview
- 14.2.10.3. Financial Overview
- 14.2.10.4. Strategic Overview
- 14.2.11. Hydro Group plc.
- 14.2.11.1. Company Description
- 14.2.11.2. Business Overview
- 14.2.11.3. Financial Overview
- 14.2.11.4. Strategic Overview
15. Primary Research: Key Insights
16. Appendix