Undersea Cabling Global Market Report 2022

Undersea Cabling Global Market Report 2022

  • August 2022 •
  • 175 pages •
  • Report ID: 6313429 •
  • Format: PDF
Major players in the undersea cabling market are Alcatel-Lucent Enterprise, Tyco Electronics Ltd., NEC Group, The Nippon Telegraph and Telephone Corporation, Fujitsu Global, Nexans S.A., Prysmian Group, Hexatronic Group AB, Jiangsu Zhongtian Technology Co. Ltd., and LS Cable and System Ltd.

The global undersea cabling market is expected to grow from $14.38 billion in 2021 to $16.33 billion in 2022 at a compound annual growth rate (CAGR) of 13.6%. The undersea cabling market is expected to grow to $27.58 billion in 2026 at a CAGR of 14.0%.

The undersea cabling market consists of sales of undersea cabling by entities (organizations, sole traders, and partnerships) that offer underwater communication.Undersea cable also called marine cable, assembly of conductors enclosed by an insulating sheath and laid on the sea bottom for the transmission of messages.

Underwater cables are laid from specially designed cable ships which can stock thousands of miles of coiled cable in their holds. The special amplifiers are placed about 25 miles apart, within these undersea cables, and are used to boost the voltage of the signals carried in them to prevent the losses in the cable.

The main products in the undersea cabling market are wet plant products and dry plant products.Wet plants are the two beach manholes where the cable either enters or exits the water.

Dry plant products include power feeding equipment (PFE), submarine line terminals, and land cable segments.The undersea cabling market is segmented by voltage into medium voltage and high voltage.

The market is segmented by Type into single-core and multicore.Major applications of the undersea cabling market include communication cables and power cables.

The end-users in the undersea cabling market include offshore wind power generation, inter-country and island connection, and offshore oil and gas.

North America was the largest region in the undersea cabling market in 2020.The Asia Pacific was the second-largest market in the undersea cabling market.

The regions covered in the undersea cabling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The undersea cabling market research report is one of a series of new reports that provides undersea cabling market statistics, including undersea cabling industry global market size, regional shares, competitors with an undersea cabling market share, detailed undersea cabling market segments, market trends and opportunities, and any further data you may need to thrive in the undersea cabling industry. This undersea cabling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Growing demand for inter-country and island connections is driving an undersea cabling market.With improved international connectivity, fixed broadband penetration has become amongst the very best within the region.

A large number of consumers access FTTP-based services.For instance, in 2021, French Polynesia, an overseas collectivity of France, has one of the most advanced telecoms infrastructures in the Pacific Islands region.

The first submarine cable was deployed in 2010 and extra cables are connected to the islands in subsequent years, vastly improving French Polynesia’s international connectivity.Approximately 43% of the country’s mobile connections are on 3G networks, while LTE accounts for 12%.

By 2025, LTE is predicted to account for quite half of all connections. It is also estimated that 77% of mobile subscribers have smartphones by 2025.

Faster connectivity with 5G in undersea cabling solutions are shaping the undersea cabling market.For instance, in February 2022, Bharati Airtel and Reliance Jio, global telecommunication companies have invested in improving submarine cable systems’ capacity to develop the low-latency of 5G networks that are expected to roll out in the next fiscal year.

Bharti Airtel has joined the SEA-ME-WE-6 undersea cable consortium to improve its network’s highspeed capacity which helps in growing India’s digital economy and Reliance Jio’s cable system IAX network helps in connecting Maldives directly to the countries like India and Singapore.

In September 2021, Ciena Corporation is a US-based telecommunications networking equipment and software services supplier company has acquired Vyatta Routing and switching technology from AT&T Inc.This acquisition is expected to invest continuously by the Ciena corporation to address the opportunities such as transforming the edge, networks, and cloud environments.

Also, the expansion to accelerate Ciena corporation adaptive IP solution sets. AT&T Inc. is a US-based cable manufacturing company that makes undersea cables.

The countries covered in the undersea cabling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.