Learn about the global shipboard cables market through The Business Research Company, which provides information on shipboard cables market size, shipboard cables market drivers and restraints, shipboard cables market players, the COVID-19 impact on the shipboard cables market, and more.

The global shipboard cables market size is expected to grow from $5.63 billion in 2021 to $6.26 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The shipboard cable market is expected to reach $8.36 billion in 2026 at a CAGR of 7.5%.

The increase and the expansion of offshore oil & gas plants are driving the shipboard cables market.

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The shipboard cables market consists of sales of shipboard cables and related services. Shipboard cables are used for electrical installations in ships and offshore platforms for the transfer of electric power to electric panels for lighting, control circuits, the transmission of vital instrumentation signals. They are fire-resistant, flame retardant, low smoke & halogen-free cables.

Global Shipboard Cables Market Segments Include:
By Type: Fiber-optic Cables, Electric Cables

By Applications: Marine And Offshore, Oil & Gas And Petrochemical, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the shipboard cables market in 2021.

TBRC’s shipboard cables market report covers:

Major Market Players: Eaton Corporation, Fujitsu Limited, Belden, SAB Cable, FSC Global, Belcom Cables Ltd, Leoni AG, Eland Cables, Nuhas Oman, and Cable Source Pte Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Shipboard Cables Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides shipboard cables market overviews, analyzes and forecasts market size, share, shipboard cables market players, shipboard cables market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s shipboard cables market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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