European Submarine Cable Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)

Table of Contents

1. Executive Summary

2. Introduction
2.1 Submarine Cable: An Overview
2.2 Characteristics of Submarine Cables
2.3 Timeline of Submarine Cables
2.4 Installation of Submarine Cables
2.5 European Submarine Cables Segmentation

3. Europe Market Analysis
3.1 Europe Submarine Cable Market: An Analysis
3.1.1 Europe Submarine Cable Market by Value
3.1.2 Europe Submarine Cable Market Value by End User (Offshore Wind, Interconnections and Oil & Gas)
3.1.3 Europe Submarine Cable Market Value by Countries (UK and rest of Europe)
3.2 Europe Submarine Cable Market: End User Analysis
3.2.1 Europe Oil & Gas Cable Market by Value
3.2.2 Europe Interconnections Cable Market by Value
3.2.3 Europe Offshore Wind Cable Market by Value

4. Country Market Analysis
4.1 UK Submarine Cable Market: An Analysis
4.1.1 UK Submarine Cable Market by Value
4.2 Rest of Europe Submarine Cable Market: An Analysis
4.2.1 Rest of Europe Submarine Cable Market by Value

5. COVID-19
5.1 Impact of COVID-19
5.2 Response of Industry in Europe
5.3 Response of Government in Europe

6. Market Dynamics
6.1 Growth Drivers
6.1.1 Surging Urban Population
6.1.2 Escalating Economic Growth
6.1.3 Rising Smartphone Penetration
6.1.4 Growing Demand for Broadband Connections
6.1.5 Augmenting Offshore Wind Projects
6.2 Challenges
6.2.1 Interruption Risk
6.2.2 Regulatory & Political Risk
6.3 Market Trends
6.3.1 Evolution of 400G Wavelength
6.3.2 Growth in Short Length Unrepeated Submarine Cables
6.3.3 Growth in Demand for Subsea Connectivity Service

7. Competitive Landscape
7.1 Europe Submarine Cable Market Players: A Financial Comparison

8. Company Profiles
8.1 Nexans SA
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Prysmian SpA
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 NKT A/S
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 TFKable Group (JDR Cable Systems)
8.4.1 Business Overview
8.4.2 Business Strategy

List of Figures and Tables

Figure 1: Cross Section of Shore-end of Modern Submarine Communications Cable
Figure 2: Characteristics of Submarine Cables
Figure 3: Timeline of Submarine Cables
Figure 4: Installation of Submarine Cables
Figure 5: European Submarine Cables Segmentation
Figure 6: Europe Submarine Cable Market by Value; 2015-2019 (US$ Billion)
Figure 7: Europe Submarine Cable Market by Value; 2020-2024 (US$ Billion)
Figure 8: Europe Submarine Cable Market Value by End User; 2019 (Percentage, %)
Figure 9: Europe Submarine Cable Market Value by Countries; 2019 (Percentage, %)
Figure 10: Europe Oil & Gas Cable Market by Value; 2015-2019 (US$ Million)
Figure 11: Europe Oil & Gas Cable Market by Value; 2020-2024 (US$ Million)
Figure 12: Europe Interconnections Cable Market by Value; 2015-2019 (US$ Billion)
Figure 13: Europe Interconnections Cable Market by Value; 2020-2024 (US$ Billion)
Figure 14: Europe Offshore Wind Cable Market by Value; 2015-2019 (US$ Billion)
Figure 15: Europe Offshore Wind Cable Market by Value; 2020-2024 (US$ Billion)
Figure 16: UK Submarine Cable Market by Value; 2015-2019 (US$ Billion)
Figure 17: UK Submarine Cable Market by Value; 2020-2024 (US$ Billion)
Figure 18: Rest of Europe Submarine Cable Market by Value; 2015-2019 (US$ Billion)
Figure 19: Rest of Europe Submarine Cable Market by Value; 2020-2024 (US$ Billion)
Figure 20: Europe Urban Population; 2015-2019 (Percentage, %)
Figure 21: European Union GDP Per Capita; 2015-2019 (US$ Thousand)
Figure 22: Europe Smartphone Penetration; 2017-2019 (Percentage, %)
Figure 23: Europe Broadband Users; 2015-2019 (Million)
Figure 24: Europe Offshore Wind Market; 2020-2024 (Gigawatt)
Figure 25: Nexans SA Net Sales; 2015-2019 (US$ Billion)
Figure 26: Nexans SA Net Sales by Segment; 2019 (Percentage, %)
Figure 27: Nexans SA Net Sales by Region; 2019 (Percentage, %)
Figure 28: Prysmian SpA Sales; 2015-2019 (US$ Billion)
Figure 29: Prysmian SpA Sales by Segments; 2019 (Percentage, %)
Figure 30: Prysmian SpA Sales by Region; 2019 (Percentage, %)
Figure 31: NKT A/S Revenue; 2015-2019 (US$ Billion)
Figure 32: NKT A/S Revenue by Segment; 2019 (Percentage, %)
Figure 33: NKT A/S Revenue by Region; 2019 (Percentage, %)
Table 1: Europe Submarine Cable Market Players: A Financial Comparison; 2019

Samples

Executive Summary

Submarine cables have turned out to be an essential factor of the digital infrastructure and play a dynamic role in meeting the insatiable demands for data. Growth in infrastructure developments and technological changes at a progressive rate in the developing economies, raised installation process of various offshore projects. Further, majority of industry verticals are progressing towards digitalization and automation, as a result, the demand for better and fast internet connection is augmenting progressively, and hence driving the need for dense cables network, improved networking & network services.

Furthermore, on the basis of end-user submarine cable market is segmented into, oil and gas cable, interconnection cable and offshore wind cable.

European submarine cable market has increased at a steady pace over the years and the market is further expected to augment progressively during the forecasted years 2020 to 2024. The market would propel owing to numerous growth drivers such as surging urban population, escalating economic growth, rising smartphone penetration, growing demand for broadband connections and augmenting offshore wind projects.

However, the market faces some challenges which are hindering the growth of the market. Some of the major challenges faced by the industry are interruption risk and regulatory and political risk. Whereas, the market growth would be further supported by various market trends like the evolution of 400G wavelength, growth in short length unrepeated submarine cables, etc.

Companies Mentioned

• Nexans SA
• NKT A/S
• Prysmian SpA
• TFKable Group (JDR Cable Systems)