Global Submarine Power Cable Market – Industry Analysis, Trends, Share, Growth Rate And Forecast 2021-2027 REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Submarine Power cables are specific type of transmission cables, which are usually used to carry electric power under the surface of the water. These cables are also recognized as submarine cable because they generally carry the electric power under the salt water for instance arms of the seas, oceans and straits. Submarine power cables are commonly available in wide range of sizes from the 70mm to, exceeding, 210mm in the diameter and in two flavors including High Voltage DC (Direct Current) and AC or High Voltage AC (Alternating Current). They are frequently used to transfer the power with high voltage. These cables have a concentric set of layers that include conductors, protective layers, optical fibers, and insulation. Submarine power cables have gain traction owing to global focus on environmental issues, which has resulted in an increasing demand for support for renewable energy sources such as offshore wind power In addition, the oil and gas industry is replacing local generation on power platforms across the continent. Some of the key factors supporting the growth of market include growing use of submarine power cables to transmit the electricity from mainland, increased harness of energy from offshore wind farms by many countries and inter-country & island power connections using submarine power cables. Referring to the study, “Global Submarine Power Cable Market, 2021-2027” the key companies operating in the global submarine power cable market include LS Cable & System Ltd., Furukawa Electric Co., Ltd., KEI Industries Limited, Prysmian Group, Hengtong Group Co., Ltd., Nexans S.A., General Cable Corporation, NKT Group, Sumitomo Electric Industries, Ltd. and among others. Effective strategic alliances, coupled with the expansion of facilities to achieve low financial costs, have been the main strategic impacts of major market players across the industry. Based on product type, submarine power cable market is segmented as multicore and singlecore. The singlecore segment is expected to exhibit substantial growth rate as it results in easier & more economical deployment during the forecast period. Rise in demand for inter-country & island power connections, followed by increase in number of offshore wind farms and rise in demand from offshore oil & gas operations are some major factors, which are responsible for growth of the submarine power cable market. Apart from this, high cost of installation & complexity in the repair of deep water cables may impact the market. Moreover, rise in demand for High Voltage Direct Current (HVDC) submarine power cables is a leading opportunity for market. Based on regional analysis, the Europe is a leading region in “Global Submarine Power Cable Market, 2021-2027“ owing to increase in investment from private & government and strict regulations for energy efficient operations in the industry across the region. The Asia-Pacific and North-America regions are anticipated to witness higher growth rate due to growth in expansion of offshore oil & gas industries and increase in concern regarding grid stability & security over the forecast period. It is projected that future of the global submarine power cable market will be bright on account of increase in fund flow for developing a sustainable electrical infrastructure for the integration of renewable systems during the forecast period. For More Information, refer to below link:- Global Submarine Power Cable Market Analysis, 2021-2027 Related Reports Global Submarine Power Cables Market Status and Future Forecast 2015-2025 Global Submarine Power Cables Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 8 Tags: Asia-Pacific Submarine Power Cable Market, Covid-19 Impact Global Submarine Power Cable Market, Europe Submarine Power Cable Market, Furukawa Electric Co., General Cable Corporation Sales Growth Rate, Global Submarine Power Cable Market, Global Submarine Power Cable Market Analysis, Global Submarine Power Cable Market Competition, Global Submarine Power Cable Market Forecast, Global Submarine Power Cable Market Growth, Global Submarine Power Cable Market Industry, Global Submarine Power Cable Market Industry Research Report, Global Submarine Power Cable Market Major Players, Global Submarine Power Cable Market Research Report, Global Submarine Power Cable Market Revenue, Global Submarine Power Cable Market Sales, Global Submarine Power Cable Market Share, Global Submarine Power Cable Market Size, Global Submarine Power Cable Market Trends, Hengtong Group Co., Industry Research Report Of Global Submarine Power Cable Market, LS Cable & System Ltd. 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