Global Cable Laying Ship Market Growth 2025-2031
Description
The global Cable Laying Ship market size is predicted to grow from US$ 499 million in 2025 to US$ 994 million in 2031; it is expected to grow at a CAGR of 12.2% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Cable Laying Ship is a specialized marine vessel engineered to install underwater cables across seas and oceans. These cables can include: Power cables (for offshore wind farms, interconnectors, and undersea power transmission), Telecommunication cables (e.g., fiber-optic cables for internet and data networks).
The Cable Laying Ship market is a vital part of the infrastructure supporting the energy transition and digital economy. With rising investments in offshore wind, global internet, and energy interconnectors, the market outlook is strong.
Market Drivers
Growth of Offshore Wind Energy: Large-scale offshore wind projects in Europe, Asia-Pacific, and North America are increasing demand for undersea power cable installations. Telecom Infrastructure Expansion: The rise in global data consumption, cloud services, and international internet connectivity is driving the deployment of new transoceanic fiber-optic cables. Cross-border Electricity Interconnectors: HVDC submarine cables are being installed to link national power grids for stability and renewable integration (e.g., UK–Norway, Germany–Denmark). Aging Cable Replacement: Many existing submarine cables are reaching the end of their life and need replacement or upgrade. Fleet Replacement and Modernization: Many cable laying ships are outdated, prompting investments in more modern, environmentally compliant vessels.
Market Trends
Rise of Green and Hybrid Vessels: New ships are adopting LNG-fueled, battery-assisted, or hybrid-electric propulsion systems to meet IMO emissions regulations. Multifunctional Vessel Design: Ships are being designed with the ability to lay, trench, inspect, and repair cables—reducing project costs and downtime. Automation and Digitalization: Increasing use of AI-driven route optimization, real-time monitoring, and autonomous cable tracking systems. Growth in Deepwater & Floating Projects: Floating offshore wind farms and deep-sea communication links require vessels capable of longer, more complex cable operations. Regional Fleet Expansion: APAC (e.g., China, Japan, South Korea) and the U.S. are investing in domestic shipbuilding to reduce reliance on foreign vessels and comply with local regulations (e.g., U.S. Jones Act).
LP Information, Inc. (LPI) ' newest research report, the “Cable Laying Ship Industry Forecast” looks at past sales and reviews total world Cable Laying Ship sales in 2024, providing a comprehensive analysis by region and market sector of projected Cable Laying Ship sales for 2025 through 2031. With Cable Laying Ship sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cable Laying Ship industry.
This Insight Report provides a comprehensive analysis of the global Cable Laying Ship landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cable Laying Ship portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cable Laying Ship market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cable Laying Ship and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cable Laying Ship.
This report presents a comprehensive overview, market shares, and growth opportunities of Cable Laying Ship market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vessel Length >100 m
Vessel Length ≤100 m
Segmentation by Application:
Power
Communication
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Fincantieri
Kleven
Royal IHC
Ulstein Verft
Fujian Mawei
CSSC
Sanfu Ship Engineering
Merchants Industry
LS Marine Solution
Nantong Xiangyu
PaxOcean
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cable Laying Ship market?
What factors are driving Cable Laying Ship market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cable Laying Ship market opportunities vary by end market size?
How does Cable Laying Ship break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Cable Laying Ship is a specialized marine vessel engineered to install underwater cables across seas and oceans. These cables can include: Power cables (for offshore wind farms, interconnectors, and undersea power transmission), Telecommunication cables (e.g., fiber-optic cables for internet and data networks).
The Cable Laying Ship market is a vital part of the infrastructure supporting the energy transition and digital economy. With rising investments in offshore wind, global internet, and energy interconnectors, the market outlook is strong.
Market Drivers
Growth of Offshore Wind Energy: Large-scale offshore wind projects in Europe, Asia-Pacific, and North America are increasing demand for undersea power cable installations. Telecom Infrastructure Expansion: The rise in global data consumption, cloud services, and international internet connectivity is driving the deployment of new transoceanic fiber-optic cables. Cross-border Electricity Interconnectors: HVDC submarine cables are being installed to link national power grids for stability and renewable integration (e.g., UK–Norway, Germany–Denmark). Aging Cable Replacement: Many existing submarine cables are reaching the end of their life and need replacement or upgrade. Fleet Replacement and Modernization: Many cable laying ships are outdated, prompting investments in more modern, environmentally compliant vessels.
Market Trends
Rise of Green and Hybrid Vessels: New ships are adopting LNG-fueled, battery-assisted, or hybrid-electric propulsion systems to meet IMO emissions regulations. Multifunctional Vessel Design: Ships are being designed with the ability to lay, trench, inspect, and repair cables—reducing project costs and downtime. Automation and Digitalization: Increasing use of AI-driven route optimization, real-time monitoring, and autonomous cable tracking systems. Growth in Deepwater & Floating Projects: Floating offshore wind farms and deep-sea communication links require vessels capable of longer, more complex cable operations. Regional Fleet Expansion: APAC (e.g., China, Japan, South Korea) and the U.S. are investing in domestic shipbuilding to reduce reliance on foreign vessels and comply with local regulations (e.g., U.S. Jones Act).
LP Information, Inc. (LPI) ' newest research report, the “Cable Laying Ship Industry Forecast” looks at past sales and reviews total world Cable Laying Ship sales in 2024, providing a comprehensive analysis by region and market sector of projected Cable Laying Ship sales for 2025 through 2031. With Cable Laying Ship sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cable Laying Ship industry.
This Insight Report provides a comprehensive analysis of the global Cable Laying Ship landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cable Laying Ship portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cable Laying Ship market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cable Laying Ship and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cable Laying Ship.
This report presents a comprehensive overview, market shares, and growth opportunities of Cable Laying Ship market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vessel Length >100 m
Vessel Length ≤100 m
Segmentation by Application:
Power
Communication
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Fincantieri
Kleven
Royal IHC
Ulstein Verft
Fujian Mawei
CSSC
Sanfu Ship Engineering
Merchants Industry
LS Marine Solution
Nantong Xiangyu
PaxOcean
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cable Laying Ship market?
What factors are driving Cable Laying Ship market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cable Laying Ship market opportunities vary by end market size?
How does Cable Laying Ship break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
116 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Cable Laying Ship by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Cable Laying Ship by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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