Marine Cables Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Marine cables considered to act in limits of temperatures, both high and low, and to be impervious to antagonistic components, for example, mugginess, oil, corrosive, muds, and saltwater, as are predominant in generally marine and seaward operational conditions. These marine and shipboard links regularly have naming shows which distinguish the properties of the link itself. The prerequisites for marine cables in shipbuilding are becoming because of the expanding interest for low weight and high proficiency. Marine cables must be introduced in limited spaces requesting the most elevated link adaptability. Besides, marine links frequently must be sans halogen, fire-resistant, and self-quenching.
Marine Cables Market Growth and Trends
Marine Cables Market Regional Analysis
The emerging offshore wind farms that serve as a crucial segment of renewable power generation capacity is expected to contribute highly towards driving the marine cables market across the world. The Asia Pacific region is expected to witness the highest share cover dominating the statistics with an increase in internet traffic and rising bandwidth in the region. The North American market is expected to grow prominently on a larger scale with upcoming projects that involves marine communication cable laying strategies. Europe is estimated to witness a hefty rise in the market growth ladder with the growing demand for low latency communication and increasing investments in upgrading existing networks. The Middle East and Africa are projected to pace ahead in the global market with boosting installation and commissioning of various marine cable projects.
Marine Cables Market Share and Competition
Key companies operating in this industry are: Eaton Corporation, Belden, SAB Cable, FSC Global, Fujitsu Limited, Belcom Cables Ltd, LEONI, Eland Cables, Nuhas Oman, CABLE SOURCE PTE LTD and WILSON CABLES PTE LTD.
Marine Cables Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Fiber-optic Cables
• Electric Cables
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Marine and Offshore
• Oil & Gas and Petrochemical
• Others
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Marine Cables Market Companies
• Eaton Corporation
• Belden
• SAB Cable
• FSC Global
• Fujitsu Limited
• Belcom Cables Ltd
• LEONI
• Eland Cables
• Nuhas Oman
• CABLE SOURCE PTE LTD
• WILSON CABLES PTE LTD.
Available Versions:-
United States Marine Cables Market Research Report
Europe Marine Cables Market Research Report
Asia Pacific Marine Cables Market Research Report
India Marine Cables Market Research Report