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North America Inter Array Offshore Wind Cable Market Share

Report ID: GMI9427
Published Date: May 2024
Report Format: PDF

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North America Inter Array Offshore Wind Cable Market Share

North America Inter array Offshore Wind Cable Company Market Share

The key manufacturers are at the forefront of inter-array cable manufacturing, contributing to the development of offshore wind energy by providing reliable and innovative solutions for connecting wind turbines at sea. Strategic alliances and inorganic growth ventures allow companies to share expertise, technology, and resources, leading to the overall development of innovative cable designs, manufacturing processes, and installation techniques. Further, large scale investment in research and development, manufacturing facilities, and logistics, can support companies reduce their per unit costs and improve their competitiveness in the market.

North America Inter Array Offshore Wind Cable Market Companies

Eminent players operating in the North America Inter array Offshore Wind Cable industry are:

Nexans
Prysmian Group
NKT
JDR Cable Systems
LS Cable & System
Hellenic Cables
DEME
Fujikura Ltd.
FURUKAWA ELECTRIC CO., LTD.
Seaway7

Authors: Ankit Gupta , Srishti Agarwal

Frequently Asked Questions (FAQ) :

North America inter array offshore wind cable industry size was worth USD 117.8 million in 2023 and is projected to expand at 16.4% CAGR from 2024 to 2032, due to the rising government support for renewable energy projects

The 11 kV

U.S. inter array offshore wind cable industry is projected to be worth more than USD 33.9 million by 2032, on account of the increasing policy support at both the federal and state levels for offshore wind development.

Nexans, Prysmian Group, NKT, JDR Cable Systems, LS Cable & System, Hellenic Cables, DEME, Fujikura Ltd., FURUKAWA ELECTRIC CO., LTD, and Seaway7