Skip to main content

Subsea Cables Market is likely to register Single Digit CAGR during 2016 to 2026

Press Release   •   Feb 28, 2017 05:31 EST

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.

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.

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.

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.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/12670

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 and others.

Buy Now: You can now buy a single user license of the report at http://www.persistencemarketresearch.com/checkout/12670

The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.

For more information, please e-mail us at sales@persistencemarketresearch.com

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City, 

NY 10007, United States,

USA - Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

Comments (0)

Add comment

Comment