404
Offshore Wind Cable Market Report
The Offshore Wind Cable Market is Segmented by Technology Type (Inter – array {11kV to 33kV and 34kV – 66kV}, Export {132 kV & Less and 132 kV & Above}), by Conductor Material Type (Aluminum, Copper), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
The Offshore Wind Cable Market is Segmented by Technology Type (Inter – array {11kV to 33kV and 34kV – 66kV}, Export {132 kV & Less and 132 kV & Above}), by Conductor Material Type (Aluminum, Copper), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Enquiry Form
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
See less...Covid-19 has impacted the market dynamics, competition, and global...
See more...Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Offshore Wind Cable market is likely to witness an exponential CAGR of 19.3% during the forecast period. Stringent regulations regarding emissions from conventional source of energy coupled with growing concerns regarding global warming is the key driving factor for the surge in demand for the offshore wind cable market during the next five years.
Offshore Wind Cable Market - Snapshot |
|
Growth |
19.3% for the next five year |
Major Technology Type |
Inter-Array |
Dominant Conductor Material Type |
Copper |
Region with the highest demand |
North America |
Key Players |
Nexans S.A., Prysmian S.p.A., NKT A/S, LS Cable & System, Ltd., Sumitomo Electric Industries, Ltd., Furukawa Electric Co., Ltd., Fujikura Limited, Hellenic Cables Group, Ningbo Orient Wires & Cables Co., Ltd, and Hydro Group plc |
Wish to Get a Free Sample? Register Here
Based on the technology type, the market is segmented as inter–array and export. The inter-array segment is expected to remain dominant in the market during the forecast period, mainly driven by rising number of wind turbine installation under deep-water condition.
Based on the conductor material type, the offshore wind cable market is segmented as aluminum and copper. Copper is projected to remain the dominant material in the market during the forecast period, owing to various benefits offered by the material, such as high specific weight, excellent flexibility, high corrosion & weather resistance and high reliability.
In terms of regions, Europe is likely to maintain its dominance in the market during the forecast period, with Germany, the UK being the key growth engines of the region’s market. Presence of large number of offshore facilities along with their effective utilization and favorable energy policy framework by the EU is the major factor behind the dominance of the region in the market.
Know which region offers best growth opportunities. Register Here
Some of the major offshore wind cable manufacturers are-
Offshore wind cable is that cable which is used to transfer electricity generated from the wind turbines installed in water bodies, such as sea and ocean to an onshore substation.
Offshore wind cables must be constructed properly and firmly anchored in order to avoid any damage from trawlers and anchors. Offshore wind cables must be capable to withstand hydrodynamic loading.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Offshore Wind Cable Market Research Report - Features |
|
Market Segmentation |
3 |
Regions Covered |
4 |
Countries/Sub-Regions Covered |
12 |
No. of Figures & Tables |
>150 |
Company Profiles |
10 |
The offshore wind cable market is segmented into the following categories.
Want to know the most attractive market segments? Register Here
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The offshore wind cable market is expected to witness an impressive growth of 19.3% CAGR in the foreseeable future.
Nexans S.A., Prysmian S.p.A., NKT A/S, LS Cable & System, Ltd., Sumitomo Electric Industries, Ltd., Furukawa Electric Co., Ltd., Fujikura Limited, Hellenic Cables Group, Ningbo Orient Wires & Cables Co., Ltd, and Hydro Group plc are among the key players in the offshore wind cable market.
Europe is expected to remain dominant in the offshore wind cable market during the next five years.
The inter-array segment is expected to remain dominant in the offshore wind cable market in the coming years.
Billing Information
404
We are sorry, Page not found!
The page you are looking for might have been removed had its name changed or is temporarily unavailable.
Back To HomepageMarket Research Reports | Consulting | Insights | Blog | Conferences | Careers | Subscribe | Sitemap | XML
Disclaimer | T&C - Privacy Policy | Cookies | Unsubscribe
© Copyright 2019 Stratview Research. Trademark of Radiant Offshore Consultancy LLP. All Rights Reserved.
Don't want insights worth $20,000 for free?
Give it a Thought!
We are offering insights worth more than $20,000 for Free! Only for registered users.
You will get access to :
Decision Makers / CXO Level Professionals from leading organizations have already started registering!
You can cancel your registration anytime with a single click