HV Submarine Cable Market Research Report

Press Release
Thursday, August 09, 2012

Latest Pike Research report focuses on a small & highly specialised market that is due to grow steadily.

Demand for submarine cables is growing steadily as national governments and regional organizations pledge their efforts to expanding offshore renewable power generation, linking remote land masses, and interconnecting their national grids. These projects often involve subsea connections or power generation that is found in offshore wind farms. As cable technology advances, more projects are proposed that require longer, deeper, and higher-capacity cables.

Even the most conservative growth models show that the industry will expand rapidly, but Pike Research's analysis finds that the supply chain will not be capable of meeting the full demand in this growing market.

While there are very few companies that are capable of performing each step in the installation process, from surveying to final installation, the tightest bottleneck in this already constrained supply chain is the cable manufacturers. Only a handful of companies are capable of building the complex cables that are required by this market.

This Pike Research report provides a comprehensive analysis of the worldwide market opportunity for submarine HVDC and HVAC power cable projects, including an assessment of demand drivers and supply chain dynamics, both currently and in the years ahead. The study features in-depth profiles of more than 25 key industry players and case studies of more than 30 notable high-voltage submarine cable projects. Market forecasts are provided for submarine cable projects through 2021, segmented by world region and including three different growth scenarios.

Access to the report is available here.
 


 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Equipment

GE, LR Study Gas Turbines for Commercial Ships

GE Marine and Lloyd’s Register Sign Memorandum of Understanding to Collaborate on Applying Gas Turbines to Power Commercial Ships GE Marine and Lloyd’s Register

General Dynamics Launches Morgan County NextGen-911

General Dynamics Information Technology, a business unit of General Dynamics, has implemented a NextGen-911 emergency service solution for Morgan County, Ohio.

Training Builds Support for Sennebogen Customers

When Sennebogen LLC opened its new headquarters in Stanley, N.C., in 2009, the facility was equipped with one of America’s premier OEM Training Centers for heavy equipment.

Consulting

Nigerian Piracy Threatens UK Interests: New Report

The UK economy is heavily exposed to lawlessness off the coast of Nigeria, a new report published today by the UK Chamber of Shipping says. The report found that almost all of the UK’s annual £6.

Containership Consortia Set for Further Expansion: Analyst

The formation of 2M is only the conclusion of the latest round of mega-alliance negotiations. Much more lies ahead, considers Drewry Maritime Research in their latest 'Container Insight' analysis,

Giant Vessel to Change Offshore Decommissioning Game: Analyst

The new Allseas vessel, 'Pieter Schelte', is able to replace the previous slower method of removing topsides piece by piece with one lift, meaning a decommissioning

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0973 sec (10 req/sec)