Global Submarine Cable Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027
Submarine Cable is a wire wrapped with insulating material and laid on the seabed and river water for telecommunications transmission. Modern submarine cables use optical fibers as materials to transmit telephone and Internet signals.
Global Submarine Cable key players include ZTT Group, Prysmian, Nexans, ORIENT CABLE, etc. Global top four manufacturers hold a share about 40%.
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Europe is the largest market, with a share over 40%, followed by China, and North America, both have a share over 40 percent.
In terms of product, Impregnated Paper Insulated Cable is the largest segment, with a share over 85%. And in terms of application, the largest application is Deep Sea, followed by Shallow Sea.
Market Analysis and Insights: Global Submarine Cable Market
- In 2020, the global Submarine Cable market size was US$ 3527 million and it is expected to reach US$ 10990 million by the end of 2027, with a CAGR of 15.8% during 2021-2027.
Global Submarine Cable Scope and Market Size:
- Submarine Cable market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Submarine Cable market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Submarine Cable market is segmented into:
- Impregnated Paper Insulated Cable
- Oil-filled Cable
Segment by Application, the Submarine Cable market is segmented into:
- Shallow Sea
- Deep Sea
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and Submarine Cable Market Share Analysis:
- Submarine Cable market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Submarine Cable product introduction, recent developments, Submarine Cable sales by region, type, application and by sales channel.
The major companies include:
- Prysmian
- Nexans
- ZTT Group
- ORIENT CABLE
- Sumitomo Electric
- Furukawa
- Hengtong Group
- NKT
- WANDA CABLE GROUP
- TFKable
- Qingdao Hanhe Cable
- KEI Industries
Reasons to Purchase Our Research Report:
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
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