The Worldwide Submarine Power Cables Industry is Expected to Surpass a Valuation of $11 Billion by 2027 - ResearchAndMarkets.com
Simply put, submarine power cables are power lines that run beneath the oceanic water to transport high voltage current across continents.
- Simply put, submarine power cables are power lines that run beneath the oceanic water to transport high voltage current across continents.
- Their capability to solve such energy challenges is set to propel the global submarine power cables market during the forecast period of 2022 to 2027.
- The single core segment commanded a staggering share of 79.3% in the global submarine power cables market in 2021.
- Favourable government initiatives to boost clean energy employment are facilitating the submarine power cables market expansion in North America.