Market Overview:
The global ocean communication cable market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-speed internet and data connectivity across the globe. In addition, the growing number of submarine cable projects is also contributing to the growth of this market. The global ocean communication cable market can be segmented on the basis of type, application, and region. On the basis of type,the market can be divided into 35 KV, 110 KV, 220 KV, and 400 KV cables. The 110KV segment is expected to hold a major share in terms of revenue in 2018 owing to its widespread use for telecom applications such as voice and data transmission. By application,the market can be classified into shallow sea cables and deep sea cables. Shallow sea cables are used for short-distance communications within coastal areas while deep sea cables are used for long-distance communications between countries or continents across oceans or seas. The deep sea segment is expected to grow at a higher CAGR during the forecast period from 2018to 2030 due to rising demand for high-speed internet connectivity in underdeveloped regions such as Asia Pacificand Latin America .On regional basis ,the global ocean communication cablemarket has been segregatedinto North America ,Latin America Europe Asia Pacificand Middle East & Africa .
Product Definition:
A submarine communications cable is a telecommunications cable that uses optical fiber to carry signals across stretches of ocean. The cables are laid on the seabed or on top of it, and some stretch over 6,000 kilometers (3,700 mi). Submarine cables are used to connect two points on opposite sides of an ocean.
35 KV:
35 KV is the voltage level associated with long distance power transmission cables. The growing demand for high voltage (HV) power cable in offshore wind farms, along with rising investments in undersea communication cables, is expected to drive market growth over the forecast period.
The increasing use of HV power cable for undersea repeater connections across Europe and North America has contributed significantly towards 35 Kv's market growth.
110 KV:
The 110 KV is a high voltage electricity cable which generally carries power from the substation to distribution transformers and then further to consumers. The Ocean Communication Cable market size spans across three major regions, viz., Europe, North America, and RoW (Rest of the World). The global 110 KV cables market has been witnessing strong growth over the past few years on account of increasing investments in offshore wind farms.
Application Insights:
The shallow sea application segment led the market in 2017 and is anticipated to witness significant growth over the forecast period. The growing number of oil & gas activities coupled with rising maritime trade across the Asia Pacific has resulted in increased demand for cables at shallower depths.
The deep sea application segment is expected to register a CAGR of XX% from 2018 to 2030 owing to increasing investments by companies such as Huawei Technologies Co., Ltd., ZTE Corporation, China Telecom, Inc., and others in undersea fiber optic communication cable systems. The deployment of these systems would facilitate enhanced data transmission speeds and provide connectivity across various regions globally.
Increasing demand for high-speed internet services coupled with technological advancements that have facilitated cheaper costs associated with deploying undersea fiber optic communication cable systems has been contributing towards market growth over the past few years.
Regional Analysis:
The Asia Pacific region dominated the global ocean communication cable market in 2016 and is expected to continue its dominance over the forecast period. The regional market is characterized by a large number of submarine cables that link various countries, such as Japan, South Korea, China, India and Australia. These cables are primarily used for data communication between countries. However, they may also be used for telecommunication purposes across these regions if necessary connections are available at an affordable cost.
North America accounted for a significant revenue share in 2016 owing to increasing investments in undersea infrastructure projects by U.S.-based service providers such as Verizon Communications Inc.; Vodafone Group; AT&T Inc.; and Sprint Corporation (formerly known as Sprint Spectrum L.P.).
Growth Factors:
- Increasing demand for high-speed internet and data transmission
- Rapid growth of the e-commerce sector
- Proliferation of connected devices and the Internet of Things (IoT)
- Rising demand for cloud services and data center capacity
- Stringent government regulations on data security
Scope Of The Report
Report Attributes
Report Details
Report Title
Ocean Communication Cable Market Research Report
By Type
35 KV, 110 KV, 220 KV, 400 KV
By Application
Shallow Sea, Deep Sea
By Companies
Prysmian, Nexans, Zhongtian Technology Submarine Cables Co., Ltd., ORIENT CABLE, Sumitomo Electric, Furukawa, Hengtong Group, NKT, Shandong Wanda Cable Co., Ltd., TFKable, Prysmian, KEI Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Ocean Communication Cable Market Report Segments:
The global Ocean Communication Cable market is segmented on the basis of:
Types
35 KV, 110 KV, 220 KV, 400 KV
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shallow Sea, Deep Sea
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Prysmian
- Nexans
- Zhongtian Technology Submarine Cables Co., Ltd.
- ORIENT CABLE
- Sumitomo Electric
- Furukawa
- Hengtong Group
- NKT
- Shandong Wanda Cable Co., Ltd.
- TFKable
- Prysmian
- KEI Industries
Highlights of The Ocean Communication Cable Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 35 KV
- 110 KV
- 220 KV
- 400 KV
- By Application:
- Shallow Sea
- Deep Sea
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ocean Communication Cable Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ocean communication cable is a type of telecommunications cable that runs under the ocean. It is used to connect countries and regions that are far from each other.
Some of the key players operating in the ocean communication cable market are Prysmian, Nexans, Zhongtian Technology Submarine Cables Co., Ltd., ORIENT CABLE, Sumitomo Electric, Furukawa, Hengtong Group, NKT, Shandong Wanda Cable Co., Ltd., TFKable, Prysmian, KEI Industries.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ocean Communication Cable Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ocean Communication Cable Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ocean Communication Cable Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ocean Communication Cable Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ocean Communication Cable Market Size & Forecast, 2018-2028
4.5.1 Ocean Communication Cable Market Size and Y-o-Y Growth
4.5.2 Ocean Communication Cable Market Absolute $ Opportunity
Chapter 5 Global Ocean Communication Cable Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ocean Communication Cable Market Size Forecast by Type
5.2.1 35 KV
5.2.2 110 KV
5.2.3 220 KV
5.2.4 400 KV
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ocean Communication Cable Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ocean Communication Cable Market Size Forecast by Applications
6.2.1 Shallow Sea
6.2.2 Deep Sea
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ocean Communication Cable Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ocean Communication Cable Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ocean Communication Cable Analysis and Forecast
9.1 Introduction
9.2 North America Ocean Communication Cable Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ocean Communication Cable Market Size Forecast by Type
9.6.1 35 KV
9.6.2 110 KV
9.6.3 220 KV
9.6.4 400 KV
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ocean Communication Cable Market Size Forecast by Applications
9.10.1 Shallow Sea
9.10.2 Deep Sea
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ocean Communication Cable Analysis and Forecast
10.1 Introduction
10.2 Europe Ocean Communication Cable Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ocean Communication Cable Market Size Forecast by Type
10.6.1 35 KV
10.6.2 110 KV
10.6.3 220 KV
10.6.4 400 KV
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ocean Communication Cable Market Size Forecast by Applications
10.10.1 Shallow Sea
10.10.2 Deep Sea
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ocean Communication Cable Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ocean Communication Cable Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ocean Communication Cable Market Size Forecast by Type
11.6.1 35 KV
11.6.2 110 KV
11.6.3 220 KV
11.6.4 400 KV
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ocean Communication Cable Market Size Forecast by Applications
11.10.1 Shallow Sea
11.10.2 Deep Sea
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ocean Communication Cable Analysis and Forecast
12.1 Introduction
12.2 Latin America Ocean Communication Cable Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ocean Communication Cable Market Size Forecast by Type
12.6.1 35 KV
12.6.2 110 KV
12.6.3 220 KV
12.6.4 400 KV
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ocean Communication Cable Market Size Forecast by Applications
12.10.1 Shallow Sea
12.10.2 Deep Sea
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ocean Communication Cable Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ocean Communication Cable Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ocean Communication Cable Market Size Forecast by Type
13.6.1 35 KV
13.6.2 110 KV
13.6.3 220 KV
13.6.4 400 KV
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ocean Communication Cable Market Size Forecast by Applications
13.10.1 Shallow Sea
13.10.2 Deep Sea
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ocean Communication Cable Market: Competitive Dashboard
14.2 Global Ocean Communication Cable Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Prysmian
14.3.2 Nexans
14.3.3 Zhongtian Technology Submarine Cables Co., Ltd.
14.3.4 ORIENT CABLE
14.3.5 Sumitomo Electric
14.3.6 Furukawa
14.3.7 Hengtong Group
14.3.8 NKT
14.3.9 Shandong Wanda Cable Co., Ltd.
14.3.10 TFKable
14.3.11 Prysmian
14.3.12 KEI Industries
