U.S. Submarine Cable System Market Report 2023: Rise in Demand for HVDC Submarine Power Cables Presents Opportunities - ResearchAndMarkets.com

The "Submarine Cable System Market Research Report by Component, Offering, Type, Voltage, Application, End User, State - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - United States Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The United States Submarine Cable System Market size was estimated at USD 3,078.20 million in 2022, USD 3,392.89 million in 2023 and is projected to grow at a CAGR of 11.36% to reach USD 7,280.04 million by 2030.

Market Dynamics

Drivers

  • Rapid Growth of the Global Digital Economy
  • Provision of Reliable Global Internet Infrastructure
  • High Reliability and Capacity of Underwater Cables

Restraints

  • High Repair and Maintenance Costs

Opportunities

  • Rise in Demand for HVDC Submarine Power Cables
  • Huge Investments by Governments on Offshore Wind Projects

Challenges

  • Natural Disruptions

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.

Market Segmentation & Coverage:

  • Based on Component, the market is studied across Dry Plant Products and Wet Plant Products. The Dry Plant Products is further studied across Power Feeding Equipment, Submarine Line Monitors, and Submarine Line Terminal Equipment. The Wet Plant Products is further studied across Branching Units, Cables, and Repeaters.
  • Based on Offering, the market is studied across Installation & Commissioning, Maintenance, and Upgrades.
  • Based on Type, the market is studied across Multicore and Single Core.
  • Based on Voltage, the market is studied across High Voltage and Medium Voltage.
  • Based on Application, the market is studied across Communication Cables and Power Cables.
  • Based on End User, the market is studied across Inter-country & Island Connection, Offshore Oil & Gas, and Offshore Wind Power Generation.
  • Based on State, the market is studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes vendors in the United States Submarine Cable System Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The United States Submarine Cable System Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others. The United States Submarine Cable System Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report answers questions such as:

1. What is the market size and forecast of the United States Submarine Cable System Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the United States Submarine Cable System Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Submarine Cable System Market?

4. What is the competitive strategic window for opportunities in the United States Submarine Cable System Market?

5. What are the technology trends and regulatory frameworks in the United States Submarine Cable System Market?

6. What is the market share of the leading vendors in the United States Submarine Cable System Market?

7. What modes and strategic moves are considered suitable for entering the United States Submarine Cable System Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

6. Submarine Cable System Market, by Component

7. Submarine Cable System Market, by Offering

8. Submarine Cable System Market, by Type

9. Submarine Cable System Market, by Voltage

10. Submarine Cable System Market, by Application

11. Submarine Cable System Market, by End User

12. California Submarine Cable System Market

13. Florida Submarine Cable System Market

14. Illinois Submarine Cable System Market

15. New York Submarine Cable System Market

16. Ohio Submarine Cable System Market

17. Pennsylvania Submarine Cable System Market

18. Texas Submarine Cable System Market

19. Competitive Landscape

20. Company Usability Profiles.

21. Appendix

Companies Mentioned

  • ABB Ltd.
  • Bhuwal Insulation Cable Private Limited
  • Birns Aquamate LLC
  • Hengtong Group
  • Hexatronic Group
  • Nexans S.A.
  • NKT A/S
  • NTT Limited
  • OCC Corporation
  • POWER CSL
  • Scorpion Oceanics Ltd.
  • T&D Power Tech Co., Ltd.
  • TE Connectivity
  • Tykoflex AB
  • Yuhuan Huaji Marine Electrical Appliance Co.,Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/ihfc14-cable?w=4

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