1h Free Analyst Time
The submarine cable market is forecasted to grow by USD 16.74 billion during 2024-2029, accelerating at a CAGR of 12.3% during the forecast period. The report on the submarine cable market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of cloud computing and data centers, expansion of offshore renewable energy projects, and deployment of submarine cables for 5G networks.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The submarine cable market is segmented as below:
By Type
- Power cable
- Communication cable
By Component
- Dry plant
- Wet plant
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the submarine cable market covers the following areas:
- Submarine Cable Market sizing
- Submarine Cable Market forecast
- Submarine Cable Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Component
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global submarine cable market: AFL, Alcatel Submarine Networks, Apar Industries Ltd., Corning Inc., Furukawa Electric Co. Ltd., Hengtong Group Co. Ltd., Hexatronic Group AB, Jiangsu Zhongtian Technology Co. Ltd., LS Cable and System Ltd., NEC Corp., Nexans SA, Ningbo Orient Wires and Cables Co. Ltd., NKT AS, Prysmian S.p.A, SSG cable group, SubCom LLC, Sumitomo Electric Industries Ltd., Taihan Cable and Solution Co. Ltd., and Tratos Cavi S.p.A..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is private submarine cable projects by tech giants."
According to the report, one of the major drivers for this market is the expansion of cloud computing and data centers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AFL
- Alcatel Submarine Networks
- Apar Industries Ltd.
- Corning Inc.
- Furukawa Electric Co. Ltd.
- Hengtong Group Co. Ltd.
- Hexatronic Group AB
- Jiangsu Zhongtian Technology Co. Ltd.
- LS Cable and System Ltd.
- NEC Corp.
- Nexans SA
- Ningbo Orient Wires and Cables Co. Ltd.
- NKT AS
- Prysmian S.p.A
- SSG cable group
- SubCom LLC
- Sumitomo Electric Industries Ltd.
- Taihan Cable and Solution Co. Ltd.
- Tratos Cavi S.p.A.