Offshore wind power or offshore wind energy is the use of wind farms constructed in bodies of water, usually in the ocean on the continental shelf, to harvest wind energy to generate electricity. Offshore wind cable is used for transporting electricity to other places.
The need for more renewable energy has raised the number of offshore wind farms around the world. There is a rapid surge in offshore wind power installations due to its larger capacity output of up to 40% more compared with onshore wind power generation.
Moreover, the offshore wind cables play a significant role in transporting new generated power from offshore wind turbines to the shore. Also, offshore wind cable offers better integration of renewable energies. This growth of power cables is closely correlated with the growth of installation of offshore renewable energy.
In 2019, the market size of Offshore Wind Cable is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Offshore Wind Cable.
This report studies the global market size of Offshore Wind Cable, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Offshore Wind Cable production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ABB
Nexans
NKT
Prysmian
General Cable
Sumitomo Electric Industries
Parker Hannifin
LS Cable & System
TPC Wire & Cable
Fujikura
JDR Cable Systems
Able
Brugg Cables
LEONI
Market Segment by Product Type
Inter-array Cable
Export Cable
Market Segment by Application
Offshore Wind Turbine
Oil and Gas Drilling
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Offshore Wind Cable status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Offshore Wind Cable manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Offshore Wind Cable are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Offshore Wind Cable . Industry analysis & Market Report on Offshore Wind Cable is a syndicated market report, published as Global (United States, European Union and China) Offshore Wind Cable Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Offshore Wind Cable market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.