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Submarine Power Cable Market Size
- Report ID: GMI3396
- Published Date: Jul 2019
- Report Format: PDF
Submarine Power Cable Market Size
Submarine Power Cable Market’s annual deployment is projected to surpass 2,500 km by 2025. Ongoing expansion of offshore oil & gas platforms along with rising deployment of offshore wind farms will drive the global submarine power cable industry landscape. Rapid investments from government & private players favoured by stringent regulatory initiatives to integrate an energy efficient operational environment will augment the industry outlook.
Growing peak load demand has been imposing concerns associated with grid stability & security of supply across the globe. Increasing fund flow to develop a sustainable electrical infrastructure in line with positive regulatory reforms toward the grid integration of renewable systems will complement the submarine power cable market forecasts.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Submarine Power Cable Market Size in 2018: | 1.5 Billion (USD) |
| Forecast Period: | 2018 to 2025 |
| Forecast Period 2018 to 2025 CAGR: | 9.8% |
| 2025 Value Projection: | 3 Billion (USD) |
| Historical Data for: | 2014 to 2017 |
| No. of Pages: | 390 |
| Tables, Charts & Figures: | 745 |
| Segments covered: | Core, Voltage, Conductor, End User and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Submarine Power Cable Market Scope
