Submarine Power Cable Market worth $22.3 billion by 2028 - Exclusive Report by MarketsandMarkets™
Based on end use, the Submarine Power Cable Market has been split into Offshore Wind Power Generation, Inter-country & Island Connection, and Offshore Oil & Gas.
- Based on end use, the Submarine Power Cable Market has been split into Offshore Wind Power Generation, Inter-country & Island Connection, and Offshore Oil & Gas.
- The Offshore Wind Power Generation segment is growing in the Submarine Power Cable Market due to abundant wind resources near coastlines, proximity to urban centers, reduced environmental impact, and government support for renewable energy.
- Submarine power cables are vital for connecting offshore wind farms to the grid, facilitating this growth and promoting clean energy adoption.
- This report segments the Submarine Power Cable Market based on core into two segments: single core, and multi core.