Global Undersea Cabling Market Overview And Prospects – Includes Undersea Cabling Market Share
Learn about the global undersea cabling market through The Business Research Company, which provides information on undersea cabling market size, undersea cabling market drivers and restraints, undersea cabling market players, the COVID-19 impact on the undersea cabling market, and more.
The global undersea cabling market size is expected to grow from $14.38 billion in 2021 to $16.33 billion in 2022 at a compound annual growth rate (CAGR) of 13.6%. The undersea cables market size is expected to grow to $27.58 billion in 2026 at a CAGR of 14.0%.
Growing demand for inter-country and island connections is driving an undersea cabling market.
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The undersea cabling market consists of sales of undersea cabling by entities (organizations, sole traders, and partnerships) that offer underwater communication. Undersea cable also called marine cable, assembly of conductors enclosed by an insulating sheath and laid on the sea bottom for the transmission of messages. Underwater cables are laid from specially designed cable ships which can stock thousands of miles of coiled cable in their holds. The special amplifiers are placed about 25 miles apart, within these undersea cables, and are used to boost the voltage of the signals carried in them to prevent the losses in the cable.
Global undersea cabling market segments include:
By Component: Wet Plant Products, Dry Plant Products
By Voltage: Medium Voltage, High Voltage
By Type: Singlecore, Multicore
By Application: Communication Cables, Power Cables
By End-User: Offshore Wind Power Generation, Inter-Country and Island Connection, Offshore Oil and Gas
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the undersea cabling market in 2021
Faster connectivity with 5G in undersea cabling solutions are shaping the undersea cabling market.
Major Market Players: Alcatel-Lucent Enterprise, Tyco Electronics Ltd., NEC Group, The Nippon Telegraph and Telephone Corporation, Fujitsu Global, Nexans S.A., Prysmian Group, Hexatronic Group AB, Jiangsu Zhongtian Technology Co. Ltd., and LS Cable and System 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 Undersea Cabling 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 undersea cabling market overviews, analyzes and forecasts market size, share, undersea cabling market players, undersea cabling market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s undersea cabling market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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