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Submarine Power Cable Market Trends & Opportunities with Forecast 2023-2028

Posted on: October 10, 2023 | By: Energy and Power Market Research Analyst – Comments Off

The Global Submarine Power Cable market is projected to reach USD 22.3 billion by 2028 from an estimated USD 12.9 billion in 2023, at a CAGR of 11.5% during the forecast period. These cables are essential for connecting offshore power generation facilities, such as offshore …

Submarine Power Cable Market to Grow Significantly Owing to Expansion of Offshore Wind

Posted on: July 22, 2019 | By: admin – Comments Off

The submarine power cable market is estimated to be valued at USD 16.56 billion by 2023, at a CAGR of 15.32% from 2018 to 2023. Submarine power cables are widely used to connect offshore wind farms to mainland grids. Increasing demand for inter-country and island …