Global Subsea HVDC Cable Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
1 Market Overview
- 1.1 Product Overview and Scope of Subsea HVDC Cable
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Subsea HVDC Cable Consumption Value by Type: 2018 Versus 2022 Versus 2029
- 1.3.2 Crosslinked Polyethylene (XlPE) Cable
- 1.3.3 Mass Impregnated (MI) Insulation Cable
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Subsea HVDC Cable Consumption Value by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 Offshore Wind Power
- 1.4.3 Marine Facility Power Supply
- 1.4.4 Others
- 1.5 Global Subsea HVDC Cable Market Size & Forecast
- 1.5.1 Global Subsea HVDC Cable Consumption Value (2018 & 2022 & 2029)
- 1.5.2 Global Subsea HVDC Cable Sales Quantity (2018-2029)
- 1.5.3 Global Subsea HVDC Cable Average Price (2018-2029)
2 Manufacturers Profiles
- 2.1 ABB
- 2.1.1 ABB Details
- 2.1.2 ABB Major Business
- 2.1.3 ABB Subsea HVDC Cable Product and Services
- 2.1.4 ABB Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 ABB Recent Developments/Updates
- 2.2 Furukawa Electric
- 2.2.1 Furukawa Electric Details
- 2.2.2 Furukawa Electric Major Business
- 2.2.3 Furukawa Electric Subsea HVDC Cable Product and Services
- 2.2.4 Furukawa Electric Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 Furukawa Electric Recent Developments/Updates
- 2.3 GE Grid Solutions
- 2.3.1 GE Grid Solutions Details
- 2.3.2 GE Grid Solutions Major Business
- 2.3.3 GE Grid Solutions Subsea HVDC Cable Product and Services
- 2.3.4 GE Grid Solutions Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 GE Grid Solutions Recent Developments/Updates
- 2.4 LS Cable & System
- 2.4.1 LS Cable & System Details
- 2.4.2 LS Cable & System Major Business
- 2.4.3 LS Cable & System Subsea HVDC Cable Product and Services
- 2.4.4 LS Cable & System Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 LS Cable & System Recent Developments/Updates
- 2.5 ZTT International
- 2.5.1 ZTT International Details
- 2.5.2 ZTT International Major Business
- 2.5.3 ZTT International Subsea HVDC Cable Product and Services
- 2.5.4 ZTT International Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 ZTT International Recent Developments/Updates
- 2.6 Nexans Group
- 2.6.1 Nexans Group Details
- 2.6.2 Nexans Group Major Business
- 2.6.3 Nexans Group Subsea HVDC Cable Product and Services
- 2.6.4 Nexans Group Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 Nexans Group Recent Developments/Updates
- 2.7 NKT
- 2.7.1 NKT Details
- 2.7.2 NKT Major Business
- 2.7.3 NKT Subsea HVDC Cable Product and Services
- 2.7.4 NKT Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 NKT Recent Developments/Updates
- 2.8 Prysmian
- 2.8.1 Prysmian Details
- 2.8.2 Prysmian Major Business
- 2.8.3 Prysmian Subsea HVDC Cable Product and Services
- 2.8.4 Prysmian Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 Prysmian Recent Developments/Updates
- 2.9 Siemens AG
- 2.9.1 Siemens AG Details
- 2.9.2 Siemens AG Major Business
- 2.9.3 Siemens AG Subsea HVDC Cable Product and Services
- 2.9.4 Siemens AG Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.9.5 Siemens AG Recent Developments/Updates
- 2.10 Sumitomo Electric
- 2.10.1 Sumitomo Electric Details
- 2.10.2 Sumitomo Electric Major Business
- 2.10.3 Sumitomo Electric Subsea HVDC Cable Product and Services
- 2.10.4 Sumitomo Electric Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.10.5 Sumitomo Electric Recent Developments/Updates
- 2.11 Sun Cable
- 2.11.1 Sun Cable Details
- 2.11.2 Sun Cable Major Business
- 2.11.3 Sun Cable Subsea HVDC Cable Product and Services
- 2.11.4 Sun Cable Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.11.5 Sun Cable Recent Developments/Updates
- 2.12 Toshiba Corporation
- 2.12.1 Toshiba Corporation Details
- 2.12.2 Toshiba Corporation Major Business
- 2.12.3 Toshiba Corporation Subsea HVDC Cable Product and Services
- 2.12.4 Toshiba Corporation Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.12.5 Toshiba Corporation Recent Developments/Updates
- 2.13 XLCC
- 2.13.1 XLCC Details
- 2.13.2 XLCC Major Business
- 2.13.3 XLCC Subsea HVDC Cable Product and Services
- 2.13.4 XLCC Subsea HVDC Cable Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.13.5 XLCC Recent Developments/Updates
3 Competitive Environment: Subsea HVDC Cable by Manufacturer
- 3.1 Global Subsea HVDC Cable Sales Quantity by Manufacturer (2018-2023)
- 3.2 Global Subsea HVDC Cable Revenue by Manufacturer (2018-2023)
- 3.3 Global Subsea HVDC Cable Average Price by Manufacturer (2018-2023)
- 3.4 Market Share Analysis (2022)
- 3.4.1 Producer Shipments of Subsea HVDC Cable by Manufacturer Revenue ($MM) and Market Share (%): 2022
- 3.4.2 Top 3 Subsea HVDC Cable Manufacturer Market Share in 2022
- 3.4.2 Top 6 Subsea HVDC Cable Manufacturer Market Share in 2022
- 3.5 Subsea HVDC Cable Market: Overall Company Footprint Analysis
- 3.5.1 Subsea HVDC Cable Market: Region Footprint
- 3.5.2 Subsea HVDC Cable Market: Company Product Type Footprint
- 3.5.3 Subsea HVDC Cable Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Subsea HVDC Cable Market Size by Region
- 4.1.1 Global Subsea HVDC Cable Sales Quantity by Region (2018-2029)
- 4.1.2 Global Subsea HVDC Cable Consumption Value by Region (2018-2029)
- 4.1.3 Global Subsea HVDC Cable Average Price by Region (2018-2029)
- 4.2 North America Subsea HVDC Cable Consumption Value (2018-2029)
- 4.3 Europe Subsea HVDC Cable Consumption Value (2018-2029)
- 4.4 Asia-Pacific Subsea HVDC Cable Consumption Value (2018-2029)
- 4.5 South America Subsea HVDC Cable Consumption Value (2018-2029)
- 4.6 Middle East and Africa Subsea HVDC Cable Consumption Value (2018-2029)
5 Market Segment by Type
- 5.1 Global Subsea HVDC Cable Sales Quantity by Type (2018-2029)
- 5.2 Global Subsea HVDC Cable Consumption Value by Type (2018-2029)
- 5.3 Global Subsea HVDC Cable Average Price by Type (2018-2029)
6 Market Segment by Application
- 6.1 Global Subsea HVDC Cable Sales Quantity by Application (2018-2029)
- 6.2 Global Subsea HVDC Cable Consumption Value by Application (2018-2029)
- 6.3 Global Subsea HVDC Cable Average Price by Application (2018-2029)
7 North America
- 7.1 North America Subsea HVDC Cable Sales Quantity by Type (2018-2029)
- 7.2 North America Subsea HVDC Cable Sales Quantity by Application (2018-2029)
- 7.3 North America Subsea HVDC Cable Market Size by Country
- 7.3.1 North America Subsea HVDC Cable Sales Quantity by Country (2018-2029)
- 7.3.2 North America Subsea HVDC Cable Consumption Value by Country (2018-2029)
- 7.3.3 United States Market Size and Forecast (2018-2029)
- 7.3.4 Canada Market Size and Forecast (2018-2029)
- 7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
- 8.1 Europe Subsea HVDC Cable Sales Quantity by Type (2018-2029)
- 8.2 Europe Subsea HVDC Cable Sales Quantity by Application (2018-2029)
- 8.3 Europe Subsea HVDC Cable Market Size by Country
- 8.3.1 Europe Subsea HVDC Cable Sales Quantity by Country (2018-2029)
- 8.3.2 Europe Subsea HVDC Cable Consumption Value by Country (2018-2029)
- 8.3.3 Germany Market Size and Forecast (2018-2029)
- 8.3.4 France Market Size and Forecast (2018-2029)
- 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
- 8.3.6 Russia Market Size and Forecast (2018-2029)
- 8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
- 9.1 Asia-Pacific Subsea HVDC Cable Sales Quantity by Type (2018-2029)
- 9.2 Asia-Pacific Subsea HVDC Cable Sales Quantity by Application (2018-2029)
- 9.3 Asia-Pacific Subsea HVDC Cable Market Size by Region
- 9.3.1 Asia-Pacific Subsea HVDC Cable Sales Quantity by Region (2018-2029)
- 9.3.2 Asia-Pacific Subsea HVDC Cable Consumption Value by Region (2018-2029)
- 9.3.3 China Market Size and Forecast (2018-2029)
- 9.3.4 Japan Market Size and Forecast (2018-2029)
- 9.3.5 Korea Market Size and Forecast (2018-2029)
- 9.3.6 India Market Size and Forecast (2018-2029)
- 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
- 9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
- 10.1 South America Subsea HVDC Cable Sales Quantity by Type (2018-2029)
- 10.2 South America Subsea HVDC Cable Sales Quantity by Application (2018-2029)
- 10.3 South America Subsea HVDC Cable Market Size by Country
- 10.3.1 South America Subsea HVDC Cable Sales Quantity by Country (2018-2029)
- 10.3.2 South America Subsea HVDC Cable Consumption Value by Country (2018-2029)
- 10.3.3 Brazil Market Size and Forecast (2018-2029)
- 10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
- 11.1 Middle East & Africa Subsea HVDC Cable Sales Quantity by Type (2018-2029)
- 11.2 Middle East & Africa Subsea HVDC Cable Sales Quantity by Application (2018-2029)
- 11.3 Middle East & Africa Subsea HVDC Cable Market Size by Country
- 11.3.1 Middle East & Africa Subsea HVDC Cable Sales Quantity by Country (2018-2029)
- 11.3.2 Middle East & Africa Subsea HVDC Cable Consumption Value by Country (2018-2029)
- 11.3.3 Turkey Market Size and Forecast (2018-2029)
- 11.3.4 Egypt Market Size and Forecast (2018-2029)
- 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
- 11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
- 12.1 Subsea HVDC Cable Market Drivers
- 12.2 Subsea HVDC Cable Market Restraints
- 12.3 Subsea HVDC Cable Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Subsea HVDC Cable and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Subsea HVDC Cable
- 13.3 Subsea HVDC Cable Production Process
- 13.4 Subsea HVDC Cable Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Subsea HVDC Cable Typical Distributors
- 14.3 Subsea HVDC Cable Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Subsea HVDC Cable market size was valued at USD 296.3 million in 2022 and is forecast to a readjusted size of USD 457.8 million by 2029 with a CAGR of 6.4% during review period.
Subsea HVDC Cable is a cable wrapped with insulating material that can be laid on the seabed and used for high-voltage direct current telecommunications transmission. This kind of cable has the advantages of good tensile resistance, large transmission capacity, long transmission distance, and corrosion resistance.
With the development of the global energy Internet, the application of Subsea HVDC Cable will become more widespread. It is not only used for submarine power transmission, but also for offshore wind power, offshore oil and gas exploration and other fields.
The Global Info Research report includes an overview of the development of the Subsea HVDC Cable industry chain, the market status of Offshore Wind Power (Crosslinked Polyethylene (XlPE) Cable, Mass Impregnated (MI) Insulation Cable), Marine Facility Power Supply (Crosslinked Polyethylene (XlPE) Cable, Mass Impregnated (MI) Insulation Cable), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Subsea HVDC Cable.
Regionally, the report analyzes the Subsea HVDC Cable markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Subsea HVDC Cable market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Subsea HVDC Cable market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Subsea HVDC Cable industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Crosslinked Polyethylene (XlPE) Cable, Mass Impregnated (MI) Insulation Cable).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Subsea HVDC Cable market.
Regional Analysis: The report involves examining the Subsea HVDC Cable market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Subsea HVDC Cable market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Subsea HVDC Cable:
Company Analysis: Report covers individual Subsea HVDC Cable manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Subsea HVDC Cable This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Offshore Wind Power, Marine Facility Power Supply).
Technology Analysis: Report covers specific technologies relevant to Subsea HVDC Cable. It assesses the current state, advancements, and potential future developments in Subsea HVDC Cable areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Subsea HVDC Cable market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Subsea HVDC Cable market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Crosslinked Polyethylene (XlPE) Cable
Mass Impregnated (MI) Insulation Cable
Market segment by Application
Offshore Wind Power
Marine Facility Power Supply
Others
Major players covered
ABB
Furukawa Electric
GE Grid Solutions
LS Cable & System
ZTT International
Nexans Group
NKT
Prysmian
Siemens AG
Sumitomo Electric
Sun Cable
Toshiba Corporation
XLCC
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Subsea HVDC Cable product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Subsea HVDC Cable, with price, sales, revenue and global market share of Subsea HVDC Cable from 2018 to 2023.
Chapter 3, the Subsea HVDC Cable competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Subsea HVDC Cable breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Subsea HVDC Cable market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Subsea HVDC Cable.
Chapter 14 and 15, to describe Subsea HVDC Cable sales channel, distributors, customers, research findings and conclusion.