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Submarine Electricity Transmission-Global Market Insights and Sales Trends 2025
Synopsis
Submarine electricity transmission allows the transfer of energy below the surface of water. Submarine power cables are major transmission cables for carrying electric power beneath water. Demand for submarine cables is growing as countries and regions make commitments to offshore renewable power generation.
The global Submarine Electricity Transmission market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Submarine Electricity Transmission in various end use industries. The expanding demands from the Military and Civilian, are propelling Submarine Electricity Transmission market. Mass-Impregnated Cable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Extruded Insulation Cable segment is estimated at % CAGR for the next seven-year period.
Submarine power transmission can be economically more beneficial than overhead transmission, on account of reduction in the total cost of system ownership. The power surplus countries are looking for opportunities to sell electricity to countries that are power starved. The power trading between countries results in an optimal usage of power generation facilities, which requires the availability of the most appropriate systems. The submarine power transmission systems can be very handy in power transportation between countries, which is a big boost for their adoption.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Submarine Electricity Transmission, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Submarine Electricity Transmission market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Submarine Electricity Transmission market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Submarine Electricity Transmission sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Submarine Electricity Transmission covered in this report include ABB, Nexans, Sumitomo, Norddeutsche Seekabelwerke, NKT Cables, Fujikura, Prysmian, Energinet and Vattenfall, etc.
The global Submarine Electricity Transmission market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Nexans
Sumitomo
Norddeutsche Seekabelwerke
NKT Cables
Fujikura
Prysmian
Energinet
Vattenfall
Korea Electric Power
Viscas
Dong Energy
Global Submarine Electricity Transmission market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Submarine Electricity Transmission market, Segment by Type:
Mass-Impregnated Cable
Extruded Insulation Cable
Other
Global Submarine Electricity Transmission market, by Application
Military
Civilian
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Submarine Electricity Transmission manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Submarine Electricity Transmission in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Submarine electricity transmission allows the transfer of energy below the surface of water. Submarine power cables are major transmission cables for carrying electric power beneath water. Demand for submarine cables is growing as countries and regions make commitments to offshore renewable power generation.
The global Submarine Electricity Transmission market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Submarine Electricity Transmission in various end use industries. The expanding demands from the Military and Civilian, are propelling Submarine Electricity Transmission market. Mass-Impregnated Cable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Extruded Insulation Cable segment is estimated at % CAGR for the next seven-year period.
Submarine power transmission can be economically more beneficial than overhead transmission, on account of reduction in the total cost of system ownership. The power surplus countries are looking for opportunities to sell electricity to countries that are power starved. The power trading between countries results in an optimal usage of power generation facilities, which requires the availability of the most appropriate systems. The submarine power transmission systems can be very handy in power transportation between countries, which is a big boost for their adoption.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Submarine Electricity Transmission, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Submarine Electricity Transmission market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Submarine Electricity Transmission market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Submarine Electricity Transmission sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Submarine Electricity Transmission covered in this report include ABB, Nexans, Sumitomo, Norddeutsche Seekabelwerke, NKT Cables, Fujikura, Prysmian, Energinet and Vattenfall, etc.
The global Submarine Electricity Transmission market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Nexans
Sumitomo
Norddeutsche Seekabelwerke
NKT Cables
Fujikura
Prysmian
Energinet
Vattenfall
Korea Electric Power
Viscas
Dong Energy
Global Submarine Electricity Transmission market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Submarine Electricity Transmission market, Segment by Type:
Mass-Impregnated Cable
Extruded Insulation Cable
Other
Global Submarine Electricity Transmission market, by Application
Military
Civilian
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Submarine Electricity Transmission manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Submarine Electricity Transmission in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Submarine Electricity Transmission Market Overview
1.1 Submarine Electricity Transmission Product Overview
1.2 Submarine Electricity Transmission Market Segment by Type
1.2.1 Mass-Impregnated Cable
1.2.2 Extruded Insulation Cable
1.2.3 Other
1.3 Global Submarine Electricity Transmission Market Size by Type
1.3.1 Global Submarine Electricity Transmission Market Size Overview by Type (2018-2029)
1.3.2 Global Submarine Electricity Transmission Historic Market Size Review by Type (2018-2023)
1.3.3 Global Submarine Electricity Transmission Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Submarine Electricity Transmission Sales Breakdown by Type (2018-2023)
1.4.2 Europe Submarine Electricity Transmission Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Submarine Electricity Transmission Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Submarine Electricity Transmission Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Submarine Electricity Transmission Sales Breakdown by Type (2018-2023)
2 Global Submarine Electricity Transmission Market Competition by Company
2.1 Global Top Players by Submarine Electricity Transmission Sales (2018-2023)
2.2 Global Top Players by Submarine Electricity Transmission Revenue (2018-2023)
2.3 Global Top Players by Submarine Electricity Transmission Price (2018-2023)
2.4 Global Top Manufacturers Submarine Electricity Transmission Manufacturing Base Distribution, Sales Area, Product Type
2.5 Submarine Electricity Transmission Market Competitive Situation and Trends
2.5.1 Submarine Electricity Transmission Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Submarine Electricity Transmission Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Submarine Electricity Transmission as of 2022)
2.7 Date of Key Manufacturers Enter into Submarine Electricity Transmission Market
2.8 Key Manufacturers Submarine Electricity Transmission Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Submarine Electricity Transmission Status and Outlook by Region
3.1 Global Submarine Electricity Transmission Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Submarine Electricity Transmission Historic Market Size by Region
3.2.1 Global Submarine Electricity Transmission Sales in Volume by Region (2018-2023)
3.2.2 Global Submarine Electricity Transmission Sales in Value by Region (2018-2023)
3.2.3 Global Submarine Electricity Transmission Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Submarine Electricity Transmission Forecasted Market Size by Region
3.3.1 Global Submarine Electricity Transmission Sales in Volume by Region (2024-2029)
3.3.2 Global Submarine Electricity Transmission Sales in Value by Region (2024-2029)
3.3.3 Global Submarine Electricity Transmission Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Submarine Electricity Transmission by Application
4.1 Submarine Electricity Transmission Market Segment by Application
4.1.1 Military
4.1.2 Civilian
4.2 Global Submarine Electricity Transmission Market Size by Application
4.2.1 Global Submarine Electricity Transmission Market Size Overview by Application (2018-2029)
4.2.2 Global Submarine Electricity Transmission Historic Market Size Review by Application (2018-2023)
4.2.3 Global Submarine Electricity Transmission Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Submarine Electricity Transmission Sales Breakdown by Application (2018-2023)
4.3.2 Europe Submarine Electricity Transmission Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Submarine Electricity Transmission Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Submarine Electricity Transmission Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Submarine Electricity Transmission Sales Breakdown by Application (2018-2023)
5 North America Submarine Electricity Transmission by Country
5.1 North America Submarine Electricity Transmission Historic Market Size by Country
5.1.1 North America Submarine Electricity Transmission Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Submarine Electricity Transmission Sales in Volume by Country (2018-2023)
5.1.3 North America Submarine Electricity Transmission Sales in Value by Country (2018-2023)
5.2 North America Submarine Electricity Transmission Forecasted Market Size by Country
5.2.1 North America Submarine Electricity Transmission Sales in Volume by Country (2024-2029)
5.2.2 North America Submarine Electricity Transmission Sales in Value by Country (2024-2029)
6 Europe Submarine Electricity Transmission by Country
6.1 Europe Submarine Electricity Transmission Historic Market Size by Country
6.1.1 Europe Submarine Electricity Transmission Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Submarine Electricity Transmission Sales in Volume by Country (2018-2023)
6.1.3 Europe Submarine Electricity Transmission Sales in Value by Country (2018-2023)
6.2 Europe Submarine Electricity Transmission Forecasted Market Size by Country
6.2.1 Europe Submarine Electricity Transmission Sales in Volume by Country (2024-2029)
6.2.2 Europe Submarine Electricity Transmission Sales in Value by Country (2024-2029)
7 Asia-Pacific Submarine Electricity Transmission by Region
7.1 Asia-Pacific Submarine Electricity Transmission Historic Market Size by Region
7.1.1 Asia-Pacific Submarine Electricity Transmission Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Submarine Electricity Transmission Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Submarine Electricity Transmission Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Submarine Electricity Transmission Forecasted Market Size by Region
7.2.1 Asia-Pacific Submarine Electricity Transmission Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Submarine Electricity Transmission Sales in Value by Region (2024-2029)
8 Latin America Submarine Electricity Transmission by Country
8.1 Latin America Submarine Electricity Transmission Historic Market Size by Country
8.1.1 Latin America Submarine Electricity Transmission Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Submarine Electricity Transmission Sales in Volume by Country (2018-2023)
8.1.3 Latin America Submarine Electricity Transmission Sales in Value by Country (2018-2023)
8.2 Latin America Submarine Electricity Transmission Forecasted Market Size by Country
8.2.1 Latin America Submarine Electricity Transmission Sales in Volume by Country (2024-2029)
8.2.2 Latin America Submarine Electricity Transmission Sales in Value by Country (2024-2029)
9 Middle East and Africa Submarine Electricity Transmission by Country
9.1 Middle East and Africa Submarine Electricity Transmission Historic Market Size by Country
9.1.1 Middle East and Africa Submarine Electricity Transmission Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Submarine Electricity Transmission Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Submarine Electricity Transmission Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Submarine Electricity Transmission Forecasted Market Size by Country
9.2.1 Middle East and Africa Submarine Electricity Transmission Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Submarine Electricity Transmission Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Submarine Electricity Transmission Products Offered
10.1.5 ABB Recent Development
10.2 Nexans
10.2.1 Nexans Company Information
10.2.2 Nexans Introduction and Business Overview
10.2.3 Nexans Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Nexans Submarine Electricity Transmission Products Offered
10.2.5 Nexans Recent Development
10.3 Sumitomo
10.3.1 Sumitomo Company Information
10.3.2 Sumitomo Introduction and Business Overview
10.3.3 Sumitomo Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sumitomo Submarine Electricity Transmission Products Offered
10.3.5 Sumitomo Recent Development
10.4 Norddeutsche Seekabelwerke
10.4.1 Norddeutsche Seekabelwerke Company Information
10.4.2 Norddeutsche Seekabelwerke Introduction and Business Overview
10.4.3 Norddeutsche Seekabelwerke Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Norddeutsche Seekabelwerke Submarine Electricity Transmission Products Offered
10.4.5 Norddeutsche Seekabelwerke Recent Development
10.5 NKT Cables
10.5.1 NKT Cables Company Information
10.5.2 NKT Cables Introduction and Business Overview
10.5.3 NKT Cables Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.5.4 NKT Cables Submarine Electricity Transmission Products Offered
10.5.5 NKT Cables Recent Development
10.6 Fujikura
10.6.1 Fujikura Company Information
10.6.2 Fujikura Introduction and Business Overview
10.6.3 Fujikura Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fujikura Submarine Electricity Transmission Products Offered
10.6.5 Fujikura Recent Development
10.7 Prysmian
10.7.1 Prysmian Company Information
10.7.2 Prysmian Introduction and Business Overview
10.7.3 Prysmian Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Prysmian Submarine Electricity Transmission Products Offered
10.7.5 Prysmian Recent Development
10.8 Energinet
10.8.1 Energinet Company Information
10.8.2 Energinet Introduction and Business Overview
10.8.3 Energinet Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Energinet Submarine Electricity Transmission Products Offered
10.8.5 Energinet Recent Development
10.9 Vattenfall
10.9.1 Vattenfall Company Information
10.9.2 Vattenfall Introduction and Business Overview
10.9.3 Vattenfall Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Vattenfall Submarine Electricity Transmission Products Offered
10.9.5 Vattenfall Recent Development
10.10 Korea Electric Power
10.10.1 Korea Electric Power Company Information
10.10.2 Korea Electric Power Introduction and Business Overview
10.10.3 Korea Electric Power Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Korea Electric Power Submarine Electricity Transmission Products Offered
10.10.5 Korea Electric Power Recent Development
10.11 Viscas
10.11.1 Viscas Company Information
10.11.2 Viscas Introduction and Business Overview
10.11.3 Viscas Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Viscas Submarine Electricity Transmission Products Offered
10.11.5 Viscas Recent Development
10.12 Dong Energy
10.12.1 Dong Energy Company Information
10.12.2 Dong Energy Introduction and Business Overview
10.12.3 Dong Energy Submarine Electricity Transmission Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Dong Energy Submarine Electricity Transmission Products Offered
10.12.5 Dong Energy Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Submarine Electricity Transmission Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Submarine Electricity Transmission Industrial Chain Analysis
11.4 Submarine Electricity Transmission Market Dynamics
11.4.1 Submarine Electricity Transmission Industry Trends
11.4.2 Submarine Electricity Transmission Market Drivers
11.4.3 Submarine Electricity Transmission Market Challenges
11.4.4 Submarine Electricity Transmission Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Submarine Electricity Transmission Distributors
12.3 Submarine Electricity Transmission Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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