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Submarine Cable System Market by Application (Communication, Power), Component (Dry Plant, Wet Plant (Cables, Branching Units, Repeaters)), Offering (Installation & Commissioning, Maintenance, Upgrades), and Region - Global Forecast to 2023

Submarine Cable System Market by Application (Communication, Power), Component (Dry Plant, Wet Plant (Cables, Branching Units, Repeaters)), Offering (Installation & Commissioning, Maintenance, Upgrades), and Region - Global Forecast to 2023
“Submarine cable system market to grow at CAGR of 12.25% from 2018 to 2023”
The submarine cable system market is expected to grow from USD 11.74 billion in 2018 to USD 20.93 billion by 2023, at a CAGR of 12.25%. The growth of the submarine cable system market is propelled by the increasing internet traffic in APAC and growing number of internet users. However, factors such as entry barriers for start-ups and small-to-medium enterprises (SME) are restraining the market growth. Redundant links and natural and human-triggered activities pose major challenges for the players in the submarine cable system market.

”Market for submarine power cables expected to grow at highest CAGR from 2018 to 2023”
The market for power cables is estimated to grow at the highest rate during the forecast period. Increasing demand for electric energy on islands, along with disproportional costs of maintaining local electric energy production plants, has led to the significant production of submarine power cables to transfer electricity from the mainland to main grids. Thus, the need to connect new renewable sources to main grids and ensure the reliability of power supply to isolated islands will continue to boost the demand for high- and extra-high-voltage submarine power cables during the forecast period.

“APAC—fastest-growing market for submarine power cables”
APAC is expected to be the fastest-growing market for submarine power cables. China is expected to be the largest market for submarine power cables in APAC because of the significant investments being made in the offshore wind sector. The submarine power cable market is also expected to grow at a good pace in countries such as India, Taiwan, and South Korea because of new capacity additions in the offshore wind industry that are planned during the forecast period. These factors are expected to boost the growth of the submarine power cable market in Asia Pacific.
Breakdown of the profiles of primary participants:
By Company: Tier 1 = 45%, Tier 2 = 35%, and Tier 3 = 20%
By Designation: C-Level Executives = 50%, Managers = 30%, and Others = 20%
By Region: North America = 43%, Europe = 29%, APAC = 21%, and RoW = 7%

The major players profiled in this report are as follows:
Alcatel-Lucent (Finland)
TE connectivity (Switzerland)
NEC (Japan)
Huawei Marine (China)
Saudi Ericsson (Saudi Arabia)
Prysmian (Italy)
Nexans (France)
Jiangsu Zhongtian Technology Co., Ltd. (ZTT) (China)
Jiangsu Hengtong Optic-Electric Stock Co., Ltd. (Hengtong) (China)
Norddeutsche Seekabelwerke GmbH Electronic (NSW) (Germany)
NKT (Germany)
Sumitomo Electric (Japan).

Research Coverage
In this report, the submarine cable system market has been segmented by application, component, offering, and geography. The market has been segmented on the basis of application into communication, and power. The submarine cable system market, by type, has been segmented into dry plant products and wet plant products. Based on offerings, the market has been segmented into installation and commissioning, maintenance, and upgrades. The study also forecasts the size of the market in 4 main regions—North America, Europe, APAC, and RoW.

Reasons to buy the report
The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the submarine cable system market comprehensively and provides the closest approximation of the overall market size and those of the subsegments across different contact applications, components, offerings, and regions.
2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for the growth of the market.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, and product launches, partnerships, and mergers and acquisitions carried out by the major players in the market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THIS STUDY
    • CURRENCY
    • ASSUMPTIONS & LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN SUBMARINE CABLE SYSTEM MARKET
    • SUBMARINE CABLE SYSTEM MARKET, BY APPLICATION
    • SUBMARINE POWER CABLE MARKET, BY GEOGRAPHY
    • SUBMARINE COMMUNICATION CABLE MARKET FOR WET PLANT PRODUCTS, BY TYPE
    • SUBMARINE COMMUNICATION CABLE MARKET, BY COMPONENT
    • SUBMARINE POWER CABLE MARKET IN EUROPE, 2018
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
        • Table SUBMARINE CABLE PROJECTS IN EUROPE, 2018–2040
      • CHALLENGES
  • SUBMARINE CABLE SYSTEM MARKET, BY APPLICATION
    • INTRODUCTION
      • Table SUBMARINE CABLE SYSTEM MARKET, BY APPLICATION, 2016–2023 (USD BILLION)
    • COMMUNICATION CABLES
    • POWER CABLES
  • SUBMARINE COMMUNICATION CABLE MARKET, BY COMPONENT
    • INTRODUCTION
      • Table SUBMARINE COMMUNICATION CABLE MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
    • DRY PLANT PRODUCTS
      • SUBMARINE LINE TERMINAL EQUIPMENT (SLTE)
      • SUBMARINE LINE MONITOR (SLM)
      • POWER FEEDING EQUIPMENT (PFE)
    • WET PLANT PRODUCTS
      • Table SUBMARINE COMMUNICATION CABLE MARKET FOR WET PLANT PRODUCTS, BY TYPE, 2016–2023 (USD MILLION)
      • REPEATER
      • BRANCHING UNIT (BU)
      • CABLES
      • OTHERS
  • SUBMARINE COMMUNICATION CABLE MARKET, BY OFFERING
    • INTRODUCTION
      • Table SUBMARINE COMMUNICATION CABLE MARKET, BY OFFERING, 2016–2023 (USD MILLION)
    • INSTALLATION AND COMMISSIONING
      • Table SUBMARINE COMMUNICATION CABLE MARKET FOR INSTALLATION AND COMMISSIONING, BY REGION, 2016–2023 (USD MILLION)
    • MAINTENANCE
      • Table SUBMARINE COMMUNICATION CABLE MARKET FOR MAINTENANCE, BY REGION, 2016–2023 (USD MILLION)
    • UPGRADES
      • Table SUBMARINE COMMUNICATION CABLE MARKET FOR UPGRADES, BY REGION, 2016–2023 (USD MILLION)
  • SUBMARINE POWER CABLE MARKET, BY REGION
    • INTRODUCTION
      • Table SUBMARINE POWER CABLE MARKET, BY REGION, 2016–2023 (USD MILLION)
    • EUROPE
      • Table OFFSHORE WIND SITES WITH GRID-CONNECTED TURBINES, 2017
      • Table SUBMARINE POWER CABLE MARKET IN EUROPE, BY COUNTRY, 2016–2023 (USD MILLION)
      • UK
        • Table INVESTMENTS IN EUROPEAN OFFSHORE WIND FARMS IN 2017
        • Table SUBMARINE POWER CABLE MARKET IN UK, BY APPLICATION, 2016–2023 (USD MILLION)
      • GERMANY
        • Table SUBMARINE POWER CABLE MARKET IN GERMANY, BY APPLICATION, 2016–2023 (USD MILLION)
      • DENMARK
        • Table SUBMARINE POWER CABLE MARKET IN DENMARK, BY APPLICATION, 2016–2023 (USD MILLION)
      • NORWAY
        • Table SUBMARINE POWER CABLE MARKET IN NORWAY, BY APPLICATION, 2016–2023 (USD MILLION)
      • NETHERLANDS
        • Table SUBMARINE POWER CABLE MARKET IN NETHERLANDS, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF EUROPE
        • Table SUBMARINE POWER CABLE MARKET IN REST OF EUROPE, BY APPLICATION, 2016–2023 (USD MILLION)
    • ASIA PACIFIC
      • Table SUBMARINE POWER CABLE MARKET IN APAC, BY COUNTRY, 2016–2023 (USD MILLION
      • CHINA
        • Table SUBMARINE POWER CABLE MARKET IN CHINA, BY APPLICATION, 2016–2023 (USD MILLION)
      • JAPAN
        • Table SUBMARINE POWER CABLE MARKET IN JAPAN, BY APPLICATION, 2016–2023 (USD MILLION)
      • SOUTH KOREA
        • Table SUBMARINE POWER CABLE MARKET IN SOUTH KOREA, BY APPLICATION, 2016–2023 (USD MILLION)
      • MALAYSIA
        • Table SUBMARINE POWER CABLE MARKET IN MALAYSIA, BY APPLICATION, 2016–2023 (USD MILLION)
      • INDONESIA
        • Table SUBMARINE POWER CABLE MARKET IN INDONESIA, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF APAC
        • Table SUBMARINE POWER CABLE MARKET IN REST OF APAC, BY APPLICATION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table SUBMARINE POWER CABLE MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2023 (USD MILLION)
      • US
        • Table SUBMARINE POWER CABLE MARKET IN US, BY APPLICATION, 2016–2023 (USD MILLION)
      • CANADA
        • Table SUBMARINE POWER CABLE MARKET IN CANADA, BY APPLICATION, 2016–2023 (USD MILLION)
      • MEXICO
        • Table SUBMARINE POWER CABLE MARKET IN MEXICO, BY APPLICATION, 2016–2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table SUBMARINE POWER CABLE MARKET IN MIDDLE EAST & AFRICA, BY COUNTRY, 2016–2023 (USD MILLION)
      • UAE
        • Table SUBMARINE POWER CABLE MARKET IN UAE, BY APPLICATION, 2016–2023 (USD MILLION)
      • SAUDI ARABIA
        • Table SUBMARINE POWER CABLE MARKET IN SAUDI ARABIA, BY APPLICATION, 2016–2023 (USD MILLION)
      • ANGOLA
        • Table SUBMARINE POWER CABLE MARKET IN ANGOLA, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF MIDDLE EAST & AFRICA
        • Table SUBMARINE POWER CABLE MARKET IN REST OF MIDDLE EAST &AFRICA, BY APPLICATION, 2016–2023 (USD MILLION)
    • SOUTH AMERICA
      • Table SUBMARINE POWER CABLE MARKET IN SOUTH AMERICA, BY COUNTRY, 2016–2023 (USD MILLION)
      • BRAZIL
        • Table SUBMARINE POWER CABLE MARKET IN BRAZIL, BY APPLICATION, 2016–2023 (USD MILLION)
      • ARGENTINA
        • Table SUBMARINE POWER CABLE MARKET IN ARGENTINA, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table SUBMARINE POWER CABLE MARKET IN REST OF SOUTH AMERICA, BY APPLICATION, 2016–2023 (USD MILLION)
  • SUBMARINE COMMUNICATION CABLE MARKET, BY REGION
    • INTRODUCTION
      • Table SUBMARINE COMMUNICATION CABLE MARKET, BY REGION, 2016–2023 (USD MILLION)
    • TRANS-ATLANTIC
      • Table SUBMARINE COMMUNICATION CABLE MARKET IN TRANS-ATLANTIC REGION, BY OFFERING, 2016–2023 (USD MILLION)
    • TRANS-PACIFIC
      • Table SUBMARINE COMMUNICATION CABLE MARKET IN TRANS-PACIFIC REGION, BY OFFERING, 2016–2023 (USD MILLION)
    • AMERICAS
      • Table SUBMARINE COMMUNICATION CABLE MARKET IN AMERICAS, BY OFFERING, 2016–2023 (USD MILLION)
    • EUROPE-ASIA
      • Table SUBMARINE COMMUNICATION CABLE MARKET IN EUROPE-ASIA, BY OFFERING, 2016–2023 (USD MILLION)
    • EMEA
      • Table SUBMARINE COMMUNICATION CABLE MARKET IN EMEA, BY OFFERING, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • RANKING ANALYSIS OF KEY PLAYERS IN THE SUBMARINE COMMUNICATION CABLE MARKET
      • Table SUBMARINE COMMUNICATION CABLE MARKET: RANKING ANALYSIS OF KEY COMPANIES
      • Table KEY CONTRACTS RECEIVED BY ALCATEL-LUCENT
      • Table KEY CONTRACTS RECEIVED BY TE SUBCOM
      • Table KEY CONTRACTS RECEIVED BY NEC
    • RANKING ANALYSIS OF KEY PLAYERS IN THE SUBMARINE POWER CABLE MARKET
      • Table RANKING ANALYSIS OF KEY COMPANIES
    • COMPETITIVE SCENARIO
      • CONTRACTS & AGREEMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES
  • COMPANY PROFILES
    • KEY PLAYERS
      • ALCATEL-LUCENT
      • TE CONNECTIVITY
      • NEC
      • HUAWEI MARINE
      • SAUDI ERICSSON
      • PRYSMIAN
      • NEXANS
      • ZTT
      • HENGTONG
      • NORDDEUTSCHE SEEKABELWERKE GMBH
      • NKT
      • SUMITOMO ELECTRIC
    • OTHER KEY PLAYERS
      • CORNING INC.
      • CABLEL GROUP
      • HESFIBEL
      • JDR CABLE SYSTEMS LTD.
      • OKONITE
    • KEY INNOVATORS
      • APAR INDUSTRIES LTD.
      • AFL
      • TELE-FONIKA KABLE
      • HEXATRONIC
      • LEONI SPECIAL CABLES GMBH
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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