Global and United States Submarine Cable Market Report & Forecast 2022-2028

Submarine Cable is a wire wrapped with insulating material and laid on the seabed and river water for telecommunications transmission. Modern submarine cables use optical fibers as materials to transmit telephone and Internet signals.
Market Analysis and Insights: Global and United States Submarine Cable Market
This report focuses on global and United States Submarine Cable market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Submarine Cable market size is estimated to be worth US$ 5348.8 million in 2022 and is forecast to a readjusted size of US$ 12900 million by 2028 with a CAGR of 15.8% during the review period. Fully considering the economic change by this health crisis, by Type, Impregnated Paper Insulated Cable accounting for % of the Submarine Cable global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Shallow Sea was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Global Submarine Cable key players include ZTT Group, Prysmian, Nexans, ORIENT CABLE, etc. Global top four manufacturers hold a share about 40%.
Europe is the largest market, with a share over 40%, followed by China, and North America, both have a share over 40 percent.
In terms of product, Impregnated Paper Insulated Cable is the largest segment, with a share over 85%. And in terms of application, the largest application is Deep Sea, followed by Shallow Sea.
Global Submarine Cable Scope and Market Size
Submarine Cable market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Submarine Cable market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Submarine Cable market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Impregnated Paper Insulated Cable
Oil-filled Cable
Segment by Application
Shallow Sea
Deep Sea
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Prysmian
Nexans
ZTT Group
ORIENT CABLE
Sumitomo Electric
Furukawa
Hengtong Group
NKT
WANDA CABLE GROUP
TFKable
Qingdao Hanhe Cable
KEI Industries

Frequently Asked Questions