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Submarine cable systems Global Market Report 2022, By Type, By Voltage, By Application, By End User

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    Report

  • 250 Pages
  • March 2022
  • Region: Global
  • The Business Research Company
  • ID: 5566529
Submarine cable systems Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global submarine cable systems market.



This report focuses on submarine cable systems market which is experiencing strong growth. The report gives a guide to the submarine cable systems market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
  • Create regional and country strategies on the basis of local data and analysis
  • Identify growth segments for investment
  • Outperform competitors using forecast data and the drivers and trends shaping the market
  • Understand customers based on the latest market research findings
  • Benchmark performance against key competitors
  • Utilize the relationships between key data sets for superior strategizing
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:


Where is the largest and fastest growing market for the submarine cable systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Submarine cable systems market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider submarine cable systems market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth
  • Market segmentations break down market into sub markets
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth
  • It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
  • The submarine cable systems market section of the report gives context. It compares the submarine cable systems market with other segments of the submarine cable systems market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, submarine cable systems indicators comparison

Scope


Markets Covered:

1) By Component: Wet Plant Products; Dry Plant Products
2) By Type: Multicore; Single Core
3) By Voltage: High Voltage; Medium Voltage
4) By Application: Communication Cables; Power Cables
5) By End User: Offshore Wind Power Generation; Inter-Country and Island Connection; Offshore Oil and Gas

Companies Mentioned: ZTT; The Okonite Company; TE Connectivity; SubCom; Saudi Ericsson

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Frequently Asked Questions about the Global Submarine Cable System Market

What is the estimated value of the Global Submarine Cable System Market?

The Global Submarine Cable System Market was estimated to be valued at $16.15 billion in 2022.

What is the growth rate of the Global Submarine Cable System Market?

The growth rate of the Global Submarine Cable System Market is 12.8%, with an estimated value of $26.1 billion by 2026.

What is the forecasted size of the Global Submarine Cable System Market?

The Global Submarine Cable System Market is estimated to be worth $26.1 billion by 2026.

Who are the key companies in the Global Submarine Cable System Market?

Key companies in the Global Submarine Cable System Market include ZTT, The Okonite Company, TE Connectivity, SubCom, Saudi Ericsson, Prysmian Group, NKT A/S, Nexans S.A. and JDR Cable Systems Ltd..

Table of Contents

1. Executive Summary2. Submarine Cable Systems Market Characteristics3. Submarine Cable Systems Market Trends And Strategies4. Impact Of COVID-19 On Submarine Cable Systems
5. Submarine Cable Systems Market Size And Growth
5.1. Global Submarine Cable Systems Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Submarine Cable Systems Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Submarine Cable Systems Market Segmentation
6.1. Global Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Wet Plant Products
  • Dry Plant Products
6.2. Global Submarine Cable Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Multicore
  • Single Core
6.3. Global Submarine Cable Systems Market, Segmentation By Voltage, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • High Voltage
  • Medium Voltage
6.4. Global Submarine Cable Systems Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Communication Cables
  • Power Cables
6.5. Global Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Offshore Wind Power Generation
  • Inter-Country and Island Connection
  • Offshore Oil and Gas

7. Submarine Cable Systems Market Regional And Country Analysis
7.1. Global Submarine Cable Systems Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Submarine Cable Systems Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Submarine Cable Systems Market
8.1. Asia-Pacific Submarine Cable Systems Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Submarine Cable Systems Market
9.1. China Submarine Cable Systems Market Overview
9.2. China Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Submarine Cable Systems Market
10.1. India Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Submarine Cable Systems Market
11.1. Japan Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Submarine Cable Systems Market
12.1. Australia Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Submarine Cable Systems Market
13.1. Indonesia Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Submarine Cable Systems Market
14.1. South Korea Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Submarine Cable Systems Market
15.1. Western Europe Submarine Cable Systems Market Overview
15.2. Western Europe Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Submarine Cable Systems Market
16.1. UK Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Submarine Cable Systems Market
17.1. Germany Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Submarine Cable Systems Market
18.4. France Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.5. France Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Submarine Cable Systems Market
19.1. Eastern Europe Submarine Cable Systems Market Overview
19.2. Eastern Europe Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Submarine Cable Systems Market
20.1. Russia Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Submarine Cable Systems Market
21.1. North America Submarine Cable Systems Market Overview
21.2. North America Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Submarine Cable Systems Market
22.1. USA Submarine Cable Systems Market Overview
22.2. USA Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Submarine Cable Systems Market
23.1. South America Submarine Cable Systems Market Overview
23.2. South America Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Submarine Cable Systems Market
24.1. Brazil Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Submarine Cable Systems Market
25.1. Middle East Submarine Cable Systems Market Overview
25.2. Middle East Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Submarine Cable Systems Market
26.1. Africa Submarine Cable Systems Market Overview
26.2. Africa Submarine Cable Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Submarine Cable Systems Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Submarine Cable Systems Market Competitive Landscape And Company Profiles
27.1. Submarine Cable Systems Market Competitive Landscape
27.2. Submarine Cable Systems Market Company Profiles
27.2.1. ZTT
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. The Okonite Company
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. TE Connectivity
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. SubCom
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Saudi Ericsson
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Submarine Cable Systems Market29. Submarine Cable Systems Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer

Executive Summary

Major players in the submarine cable systems market are ZTT, The Okonite Company, TE Connectivity, SubCom, Saudi Ericsson, Prysmian Group, NKT A/S, Nexans S.A., NEC Corporation, JDR Cable Systems Ltd., Huawei Marine Networks Co., Ltd., Hexatronic Cables & Interconnect Systems, HENGTONG GROUP CO. LTD, Corning Incorporated, Apar Industries, AFL, Alcatel Submarine Networks, Tele-fonika Kable, Cablel Group, Sumitomo Electric Industries, Norddeutsche Seekabelwerke GmbH, Hesfibel and Leoni Special Cables Gmbh.

The global submarine cable system market is expected to grow from $14.40 billion in 2021 to $16.15 billion in 2022 at a compound annual growth rate (CAGR) of 12.16%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $26.10 billion in 2026 at a CAGR of 12.76%.

The submarine cable system market consists of sales of submarine cable systems, equipment their maintenance services by entities (organizations, sole traders, and partnerships) that are used for interconnection between two or more regions. Submarine cables also known as marine cables are assemblies of various conductors enclosed by an insulating sheath that are present on the oceanic bed connecting two or more points. They mainly consist of landing terminating equipment, submarine optical fiber systems, and others.

The rising number of telecom and internet subscriptions is significantly contributing to the growth of the submarine cable system market. A submarine cable system that is laid on the seabed helps in carrying the telecommunication signals across various places by using optical fiber technology. There is rapid growth in the telecom and internet subscriptions industries as the utility of smartphones compared to normal desktops has increased rapidly, this drives the telecom and internet subscriptions. For instance, according to the Telecom regulatory authority of India, broadband Internet subscribers in India have increased from 747.41 million in 2020 to 778.09 million in 2021. Therefore, the rise in the number of telecom and internet subscriptions is driving the telecom and internet subscriptions market.

Asia pacific was the largest region in the submarine cable systems market in 2021. Asia pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Strategic partnerships and the adoption of advanced technologies between companies are key trends gaining popularity in the submarine cable system market. Companies in the submarine cable system industry are undergoing various partnerships to develop new technologies and products. For instance, in 2021, Italy based communication solutions company, Sparkle, Telecom Italia (TIM) announced a collaboration with US based Google Cloud to build two new undersea cable systems which will expand communication routes between Europe, Africa, the Middle East and South Asia. The cable systems would contain 16 fiber optic pairs, supporting multiple fiber tenants, and open landing station, enabling competitive access to the cable termination points.

In 2021, Digital9 infrastructure, a UK-based company that invests in digital infrastructure including subsea fiber, data centers, and others acquired Aqua Comms for a deal amount of $215 million. This acquisition helps the company to largely invest in a range of digital infrastructure assets including undersea cable systems. Aqua Comms is a Dublin-based company that completely specializes in subsea cable networks.

The countries covered in the submarine cable systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ZTT
  • The Okonite Company
  • TE Connectivity
  • SubCom
  • Saudi Ericsson
  • Prysmian Group
  • NKT A/S
  • Nexans S.A.
  • NEC Corporation
  • JDR Cable Systems Ltd.
  • Huawei Marine Networks Co., Ltd.
  • Hexatronic Cables & Interconnect Systems
  • HENGTONG GROUP CO. LTD.
  • Corning Incorporated
  • Apar Industries
  • AFL
  • Alcatel Submarine Networks
  • Tele-fonika Kable
  • Cablel Group
  • Sumitomo Electric Industries
  • Norddeutsche Seekabelwerke GmbH
  • Hesfibel
  • Leoni Special Cables Gmbh

Methodology

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