Submarine electricity transmission allows the transfer of energy below the surface of water. Submarine power cables are major transmission cables for carrying electric power beneath water. Demand for submarine cables is growing as countries and regions make commitments to offshore renewable power generation.
Submarine power transmission can be economically more beneficial than overhead transmission, on account of reduction in the total cost of system ownership. The power surplus countries are looking for opportunities to sell electricity to countries that are power starved. The power trading between countries results in an optimal usage of power generation facilities, which requires the availability of the most appropriate systems. The submarine power transmission systems can be very handy in power transportation between countries, which is a big boost for their adoption.
In 2019, the market size of Submarine Electricity Transmission 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 Submarine Electricity Transmission.
This report studies the global market size of Submarine Electricity Transmission, 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 Submarine Electricity Transmission 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
Sumitomo
Norddeutsche Seekabelwerke
NKT Cables
Fujikura
Prysmian
Energinet
Vattenfall
Korea Electric Power
Viscas
Dong Energy
Market Segment by Product Type
Mass-Impregnated Cable
Self-Contained Fluid-Filled Cable
Extruded Insulation Cable
Other
Market Segment by Application
Military
Civilian
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 Submarine Electricity Transmission 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 Submarine Electricity Transmission 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 Submarine Electricity Transmission 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 Submarine Electricity Transmission . Industry analysis & Market Report on Submarine Electricity Transmission is a syndicated market report, published as Global (United States, European Union and China) Submarine Electricity Transmission Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Submarine Electricity Transmission market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.