Market Overview:
The global UHV submarine cable market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth 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 being implemented by telecom operators and service providers is also contributing to the growth of this market. Based on type, the global UHV submarine cable market can be segmented into 35 KV, 110 KV, 220 KV, and 400 KV segments. Among these segments, 110 KV cables are expected to witness highest growth during the forecast period owing to their ability to provide high-speed internet connectivity over long distances. Based on application, the global UHV submarine cable market can be segmented into shallow sea and deep sea applications segments. The deep sea application segment is expected to account for a larger share of this market in terms of revenue due its growing demand for data transmission between different continents across oceans.
Product Definition:
An ultra-high voltage (UHV) submarine cable is a type of electrical cable used to carry high voltage electricity between two points. The importance of UHV submarine cables lies in their ability to safely and efficiently transmit large amounts of electricity over long distances.
35 KV:
35 KV is the voltage of a power line and it's used in underground cable installation. It is also known as high-voltage electricity and its utility can be utilized for commercial, industrial, residential or utility applications. The growth factor of 35 KV submarine cables market size spans across five years from 2012 to 2018 with an estimated CAGR (Compound Annual Growth Rate) of 4.0%.
110 KV:
The 110 KV is a high voltage electricity cable which generally carries power from the substation to distribution panels, transmission lines, and poles. It is widely used in undersea cables that connect the continents of Europe and North America as well as Asia with Australia & New Zealand.
110 KV means a high voltage electricity cable which has two basic kinds of core materials: copper wire (live) and an aluminum alloy (neutral).
Application Insights:
The global market has been segmented into two applications, namely shallow sea and deepsea. In 2017, the shallow sea application dominated the overall revenue share with a share of over 80% in terms of revenue as well. The dominance is attributed to the extensive usage of submarine cables in relatively shallow waters compared to deepsea cables.
The demand for submarines for laying under relatively shallow water is significantly higher than that required for laying under deeper water owing to lesser power requirements and reduced weight involved in shallower depths. Thus, comparatively speaking; the demand from shallower depths is less but still significant enough to support a substantial industry presence globally due to economies of scale present in such operations coupled with technological advancements made possible by science & technology over recent years.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing investments in submarine cables for data centers, cloud computing, and telecom purposes. Moreover, rising demand for high-speed internet services is anticipated to drive the regional market further.
The Asia Pacific region has witnessed a significant increase in bandwidth requirements owing to growing consumer electronics sales and smartphone adoption across countries such as China and India. This trend is projected to positively influence industry growth over the next eight years.
Growth Factors:
- Increasing demand for high-speed internet and data transmission
- Growing number of submarine cable projects in the pipeline
- Proliferation of new technologies and applications that require high-speed connectivity
- Rising demand for bandwidth from cloud services and big data analytics
- Emergence of 5G wireless technology
Scope Of The Report
Report Attributes
Report Details
Report Title
UHV Submarine 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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global UHV Submarine Cable Market Report Segments:
The global UHV Submarine 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 UHV Submarine 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 UHV Submarine 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
UHV submarine cable is a type of telecommunications cable used to transmit data and voice over long distances underwater.
Some of the major players in the uhv submarine 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 UHV Submarine 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 UHV Submarine Cable Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UHV Submarine 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 UHV Submarine 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 UHV Submarine Cable Market Size & Forecast, 2018-2028
4.5.1 UHV Submarine Cable Market Size and Y-o-Y Growth
4.5.2 UHV Submarine Cable Market Absolute $ Opportunity
Chapter 5 Global UHV Submarine 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 UHV Submarine 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 UHV Submarine 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 UHV Submarine 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 UHV Submarine 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 UHV Submarine 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 UHV Submarine Cable Analysis and Forecast
9.1 Introduction
9.2 North America UHV Submarine 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 UHV Submarine 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 UHV Submarine 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 UHV Submarine Cable Analysis and Forecast
10.1 Introduction
10.2 Europe UHV Submarine 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 UHV Submarine 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 UHV Submarine 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 UHV Submarine Cable Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific UHV Submarine 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 UHV Submarine 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 UHV Submarine 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 UHV Submarine Cable Analysis and Forecast
12.1 Introduction
12.2 Latin America UHV Submarine 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 UHV Submarine 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 UHV Submarine 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) UHV Submarine Cable Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) UHV Submarine 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) UHV Submarine 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) UHV Submarine 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 UHV Submarine Cable Market: Competitive Dashboard
14.2 Global UHV Submarine 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
