Stratview Research has recently published a report on the Submarine Power Cable Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028
Submarine Power Cable Market Analysis:
Stratview Research's report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Submarine Power Cable Market was estimated to grow from USD 6.97 billion in 2021 to USD 19 billion by 2028 at an impressive CAGR of 15.15% during the forecast period.
What is Submarine Power Cable?
A submarine power cable is a transmission cable meant for carrying electric power below the water. It is used for transmission of electricity generated using offshore wind power generating facilities. 
Some of the companies drive the market growth:
• Prysmian
• ZTT
• Furukawa Electric
• Nexans
• KEI Industries
• NKT
• TF Kable
• LS Cable & Systems
• ABB
• Kelani Cables
• Hengtong Marine Cable Systems
• Intertek Group
• Sumitomo Electric
• Ningbo Orient Wires and Cables
To download a free sample of the report, click here: https://www.stratviewresearch.com/Request-Sample/2031/Submarine-Power-Cable-Market.html#form
Market drivers
Major factors such as continuous expansion of oil & gas platforms coupled with increasing deployment of wind farms, high investments by government departments and private firms, integration of energy efficient operational environment are expected to drive the growth of the market during the forecast period
Research Methodology
This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
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