Global Submarine Cable Market Insights and Forecast to 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 Submarine Cable Market
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, 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 Shallow Sea segment is 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.
In terms of production side, this report researches the Submarine Cable capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Submarine Cable by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Submarine Cable Scope and Segment
Submarine Cable market is segmented 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 production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Impregnated Paper Insulated Cable
Oil-filled Cable
Segment by Application
Shallow Sea
Deep Sea
By Company
Prysmian
Nexans
ZTT Group
ORIENT CABLE
Sumitomo Electric
Furukawa
Hengtong Group
NKT
WANDA CABLE GROUP
TFKable
Qingdao Hanhe Cable
KEI Industries
Production by Region
North America
Europe
China
Japan
Consumption 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

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