The Subsea Cables Market study drafted by Persistence Market Research delivers a concise outline regarding the potential factors likely to drive the revenue growth of this industry. The report delivers valuable insights on market revenue, SWOT Analysis, market share, profit estimation and regional landscape of this business vertical. Moreover, the report focuses on significant growth factors and obstacles accepted by market leaders in the Subsea Cables Market.
Subsea Cables Market: Overview
Submarine or subsea cables are a complete necessity today, on par with global positioning satellites and sea freight. Subsea cables are the cables laid on the sea bed between land-based stations to benefit the telecommunication signal across the stretches of ocean. The subsea cables allows us to quickly send our mails, browse videos, etc. The length of a subsea cable varies with a distance of few kilometres to more than 35,000 kilometres.
The growth in subsea cables market is anticipated to grow largely as they are becoming increasingly important to interlink countries and are a source of promoting global economic growth, thereby driving the demand for subsea cables across the globe.
Subsea Cables Market: Drivers & Restraints
The high reliability and high carrying capacity of subsea cables are making it economic in terms of cost and its usefulness. They are valued not only by the businesses that are building and operating them for profit, but also by national governments across the globe. The increasing reliability on the subsea cables is expected to drive the global subsea cables market in the coming years.
The major restraint in the global subsea cables market implies to be requirement of dozens of repairs each year, which happens less frequently compared to the terrestrial networks. Fishing and shipping activities are considered as a common threat to the subsea cables. Increasing natural disasters are also posing threat to the concerned industry.
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Subsea Cables Market: Segmentation
On the basis of ownership, the global subsea cables market is segmented as private cables, bilateral cables and consortium cables.
On the basis of product type, the global subsea cables market is segmented as High Voltage AC Cables and High Voltage DC Cables.
Subsea Cables Market: Region-wise Outlook
The global subsea cables market is expected to register a favourable growth for the forecast period, 2016?2026. Asia-Pacific is projected to endure its control on the global subsea cables market. The key regions in the global subsea cables market are projected to be Africa; Europe, SEA, and ME Intercontinental; Australia/New Zealand Intercontinental; Latin America; Trans-Atlantic; Trans-Pacific and Others.
Regional analysis includes
- Africa;
- Europe, SEA, and ME Intercontinental;
- Australia/New Zealand Intercontinental;
- Latin America;
- Trans-Atlantic;
- Trans-Pacific and;
- Others
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Subsea Cables Market: Key Players
Some of the key market participants in global subsea cables market are :
- Alcatel-Lucent Submarine Networks,
- Fujitsu Global,
- Huawei Marine Networks,
- NEC,
- Nexans,
- Norddeutsche Seekabelwerke