About Submarine Power Cable
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.
Technavio’s analysts forecast the global submarine power cable market to grow at a CAGR of 5.12% during the period 2017-2021.
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
Technavio's 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
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
PART 13: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Global offshore wind capacity market 2011-2016
Exhibit 02: Global submarine power cable market by end-users
Exhibit 03: Global submarine power cable market by geography
Exhibit 04: Global submarine power cable market
Exhibit 05: Global submarine power cable market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global submarine power cable market segmentation by end-users 2016-2021
Exhibit 08: Global submarine power cable market by end-users 2016-2021 ($ millions)
Exhibit 09: Global submarine power cable market segmentation by end-user 2016-2021
Exhibit 10: Global submarine power cable market by offshore wind 2016-2021 ($ millions)
Exhibit 11: Market share of key leading countries by offshore wind 2016 (MW)
Exhibit 12: Market share of different countries by offshore wind 2016 (MW)
Exhibit 13: Global submarine power cable market by island connection and inter-country 2016-2021 ($ millions)
Exhibit 14: Key projects in submarine power cables
Exhibit 15: Key upcoming projects in Southeast Asia
Exhibit 16: Global submarine power cable market by offshore oil 2016-2021 ($ millions)
Exhibit 17: Global submarine power cable market share by geographical segmentation 2016 and 2021 (%)
Exhibit 18: Global submarine power cable market segmentation by geography 2016-2021
Exhibit 19: Submarine power cable market in EMEA 2016-2021 ($ millions)
Exhibit 20: Installed wind energy capacity market share by countries in EMEA 2016
Exhibit 21: Key submarine power cable projects in EMEA
Exhibit 22: Installed wind power capacity market presence by countries in EMEA 2016 (MW)
Exhibit 23: Submarine power cable market in APAC 2016-2021 ($ millions)
Exhibit 24: Submarine power cables laid in APAC reaching lifespan of 30 years
Exhibit 25: Installed wind power capacity market presence by countries in APAC 2016 (MW)
Exhibit 26: Submarine power cable market in the Americas 2016-2021 ($ millions)
Exhibit 27: Submarine power cable laid in the Americas reaching life span of 30 years
Exhibit 28: Installed wind power capacity market presence by countries in the Americas 2016 (MW)
Exhibit 29: Market share of offshore wind capacity during 2015-2016 by leading countries
Exhibit 30: Different steps in the submarine power cable installation
Exhibit 31: Various reasons for time delay in maintenance
Exhibit 32: Copper price during 2014-2017 ($ per metric ton)
Exhibit 33: Aluminum rate during 2014-2017 ($ per metric ton)
Exhibit 34: Products and solutions offering by General Cable
Exhibit 35: Business segments by Nexans
Exhibit 36: Products offering by NKT Group
Exhibit 37: Product offerings by Prysmian Group
Exhibit 38: Submarine cables products offered by Prysmian Group
Exhibit 39: Product offerings by Sumitomo Electric Industries
Exhibit 40: Product offerings by Sumitomo Electric Industries
