Europe Submarine Cable System Market to Reach US$ 4.08 Bn at CAGR of 5.9% in 2027 | The Insight Partners

Europe Submarine Cable System Market to 2027 - Regional Analysis and Forecasts By Service (Installation Services and Maintenance & Upgrade Services) and Application (Communication and Energy & Power)

Publication Month: Jul 2019 | Report Code: TIPRE00006077 | No. of Pages: 125 | Category: Electronics and Semiconductor | Status: Published
Submarine cable system market in Europe is expected to grow from US$ 2.38 Bn in 2018 to US$ 4.08 Bn by the year 2027 with a CAGR of 5.9% from the year 2019 to 2027.
 
Up-gradation from legacy network infrastructure to advanced network infrastructure for smoothly accessing high-bandwidth content is driving the growth of the submarine cable systems market. Moreover, the large number of ongoing projects for deployment of submarine cable is anticipated to boost the submarine cable systems market growth in the near future. Submarine cables have become an important component of the digital infrastructure and play vital roles in meeting the voracious demands for data. Infrastructure developments and technological changes is growing at exponential rate in the developing economies, whereas, internet has become the backbone of the digital infrastructure in the developed nations. Besides, almost all the industry verticals are moving towards digitalization and automation, as a result the demand for better and fast internet connection is increasing drastically, and therefore is driving the demands for dense cables network, improved networking & network services, as well as, broadband connections among every sectors. Governments of various developing countries have laid their stress on the reach of high-speed internet services in urban and rural areas of their countries. A fiber optic cable ensures maximum reach out of services with very fewer attenuations, higher bandwidths, and greater reliability over long distances. Thus, there has been a meteoric rise in its implementations in various corners of the globe.
 
The installation services dominated the submarine cable systems market in the year 2018 capturing the highest market share and is expected to boost its dominance during the forecast period. The Europe submarine cable systems market is categorized by service, further bifurcating into installation services and maintenance & repair services. The installation services include the services involved in the development of new cable systems. On the other hand, maintenance & upgrade services involve the repair/ upgrade of the cable systems owing to damages or potential defects caused by disaster or accidents through the anchor. The installation services constitute of the services including planning, route survey, profile analysis of sea-bed, cable storage & transportation, shore end installation, jointing, and subsea activities & burial. The installation of cables in the sea involves the following activities: bottom survey and cable spare loading, the connection of the cable to departure station, and the connection of cable with the terminal station. The upcoming submarine cable system projects and offshore wind farms are expected to propel the demand for the installation services in the market.
 
The UK dominated the Europe submarine cable system market in 2018 and is expected to maintain its dominance the market throughout the forecast period. London is the most preferred location for the majority of the industry leaders such as Amazon, IBM, Lenovo, Microsoft, and CISCO. This is due to the country's rapidly burgeoning usage of applications such as storage requirements and website-hosting enabled by cloud service providers. The UK is anticipated to be one of the significant markets for technology providers. The figure given below highlights the market revenue of the rest of Europe region in the submarine cable system market in the forecast period:
 
 
EUROPE SUBMARINE CABLE SYSTEM MARKET SEGMENTATION

Submarine Cable Systems Market - By Service
  • Installation
Maintenance & Upgrade
Submarine Cable Systems Market - By Application
  • Communication
  • Energy & Power
Submarine Cable Systems Market - By Country
  • France
  • Germany
  • Italy
  • UK
  • Spain
  • Rest of Europe
Submarine Cable System Market - Companies Mentioned
  • Fujitsu Limited
  • Huawei Marine Networks Co., Limited
  • Mitsubishi Electric Corporation
  • NEC Corporation
  • Nexans SA
  • Nokia Corporation
  • Prysmian Group
  • Subcom, LLC
  • Sumitomo Electric Industries, Ltd.
  • ZTT Group

1.           Introduction

1.1         Scope of The Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Submarine Cable System Market – By Service

1.3.2        Europe Submarine Cable System Market – By Application

1.3.3        Europe Submarine Cable System Market – By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Submarine Cable System Market Landscape

4.1         Market Overview

4.2         Ecosystem Analysis

4.3         PEST Analysis - Europe

4.3.1        Europe PEST Analysis

4.4         Expert Opinions

5.           Europe Submarine Cable System Market –  Key Industry Dynamics

5.1         Key Market Drivers

5.1.1        An advancing global economy revolving around the internet as its backbone

5.2         Key Market Restraints

5.2.1        High Initial Investments

5.3         Key Market Opportunities

5.3.1        Numerous ongoing projects for submarine cables across the globe

5.4         Future Trends

5.4.1        Content and cloud service providers are anticipated to govern the market

5.5         Impact Analysis of Drivers And Restraints

6.           Submarine Cable System Market – Europe Analysis

6.1         Europe Submarine Cable System Market Overview

             6.2        Europe Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

7.           Europe Submarine Cable System Market Revenue and Forecasts to 2027– Service

7.1         Overview

7.2         Europe Submarine Cable System Market Breakdown, By Service, 2018 & 2027

7.3         Installation Services Market

7.3.1        Overview

7.3.2        Installation Services Market Forecasts and Analysis

7.4         Maintenance & Upgrade Services Market

7.4.1        Overview

7.4.2        Maintenance & Upgrade Services Market Forecasts and Analysis

8.           Europe Submarine Cable System Market Revenue and Forecasts to 2027 – Application

8.1         Overview

8.2         Europe Submarine Cable System Market Breakdown, By Application, 2018 & 2027

8.3         Communication Market

8.3.1        Overview

8.3.2        Communication Market Forecasts and Analysis

8.4         Energy & Power Market

8.4.1        Overview

8.4.2        Energy & Power Market Forecasts and Analysis

9.           Europe Submarine Cable System Market Revenue and Forecasts to 2027 – Country

9.1         Overview

9.1.1        Europe Submarine Cable System Market Revenue Breakdown, by Key Countries

9.1.1.1          France Submarine Cable System Market Revenue Forecasts to 2027 (US$ MN)

9.1.1.1.1          France Submarine Cable System Market Revenue by Service

9.1.1.1.2          France Submarine Cable System Market Revenue by Application

9.1.1.2          Germany Submarine Cable System Market Revenue Forecasts to 2027 (US$ MN)

9.1.1.2.1          Germany Submarine Cable System Market Revenue by Service

9.1.1.2.2          Germany Submarine Cable System Market Revenue by Application

9.1.1.3          Italy Submarine Cable System Market Revenue Forecasts to 2027 (US$ MN)

9.1.1.3.1          Italy Submarine Cable System Market Revenue by Service

9.1.1.3.2          Italy Submarine Cable System Market Revenue by Application

9.1.1.4          Spain Submarine Cable System Market Revenue Forecasts to 2027 (US$ MN)

9.1.1.4.1          Spain Submarine Cable System Market Revenue by Service

9.1.1.4.2          Spain Submarine Cable System Market Revenue by Application

9.1.1.5          UK Submarine Cable System Market Revenue Forecasts to 2027 (US$ MN)

9.1.1.5.1          UK Submarine Cable System Market Revenue by Service

9.1.1.5.2          UK Submarine Cable System Market Revenue by Application

9.1.1.6          Rest of Europe Submarine Cable System Market Revenue Forecasts to 2027 (US$ MN)

9.1.1.6.1          Rest of Europe Submarine Cable System Market Revenue by Service

9.1.1.6.2          Rest of Europe Submarine Cable System Market Revenue by Application

10.        Industry Landscape

10.1      Market Initiative

10.2      New Development

11.        Submarine Cable System Market– Company Profiles

11.1      Huawei Marine Networks Co., Limited

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Financial Overview

11.1.4     SWOT Analysis

11.1.5     Key Developments

11.2      Subcom, LLC

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Financial Overview

11.2.4     SWOT Analysis

11.2.5     Key Developments

11.3      NEC Corporation

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Financial Overview

11.3.4     SWOT Analysis

11.3.5     Key Developments

11.4      Fujitsu Limited

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Financial Overview

11.4.4     SWOT Analysis

11.4.5     Key Developments

11.5      Nokia Corporation

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Financial Overview

11.5.4     SWOT Analysis

11.5.5     Key Developments

11.6      ZTT group

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Financial Overview

11.6.4     SWOT Analysis

11.6.5     Key Developments

11.7      Sumitomo Electric Industries, Ltd.

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Financial Overview

11.7.4     SWOT Analysis

11.7.5     Key Developments

11.8      Nexans SA

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Financial Overview

11.8.4     SWOT Analysis

11.8.5     Key Developments

11.9      Prysmian Group

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Financial Overview

11.9.4     SWOT Analysis

11.9.5     Key Developments

11.10   Mitsubishi Electric Corporation

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Financial Overview

11.10.4  SWOT Analysis

11.10.5  Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Glossary of Terms


LIST OF TABLES

Table 1.             Europe Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.             Europe Submarine Cable System Market Revenue and Forecasts to 2027 – By Service (US$ Mn)

Table 3.             Europe Submarine Cable System Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 4.             France Submarine Cable System Market Revenue and Forecasts to 2027 – By Service (US$ Mn)

Table 5.             France Submarine Cable System Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 6.             Germany Submarine Cable System Market Revenue and Forecasts to 2027 – By Service (US$ Mn)

Table 7.             Germany Submarine Cable System Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 8.             Italy Submarine Cable System Market Revenue and Forecasts to 2027 – By Service (US$ Mn)

Table 9.             Italy Submarine Cable System Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 10.          Spain Submarine Cable System Market Revenue and Forecasts to 2027 – By Service (US$ Mn)

Table 11.          Spain Submarine Cable System Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 12.          UK Submarine Cable System Market Revenue and Forecasts to 2027 – By Service (US$ Mn)

Table 13.          UK Submarine Cable System Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 14.          Rest of Europe Submarine Cable System Market Revenue and Forecasts to 2027 – By Service (US$ Mn)

Table 15.          Rest of Europe Submarine Cable System Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 16.          Glossary of Term: Submarine Cable System Market

LIST OF FIGURES

Figure 1.           Europe Submarine Cable System Market Segmentation

Figure 2.           Europe Submarine Cable System Market Segmentation – By Country

Figure 3.           Submarine Cable System Market, Communication, Revenue (US$ Mn), 2018 & 2027

Figure 4.           Ecosystem Analysis, Submarine Cable System Market

Figure 5.           Submarine Cable System Market Impact Analysis of Driver And Restraints

Figure 6.           Europe Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 7.           Europe Submarine Cable System Market Breakdown, By Service, 2018 & 2027 (%)

Figure 8.           Europe Installation Services Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 9.           Europe Maintenance & Upgrade Services Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 10.        Europe Submarine Cable System Market Breakdown, By Application, 2018 & 2027 (%)

Figure 11.        Europe Communication Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 12.        Europe Energy & Power Market Revenue and Forecasts to 2027(US$ Mn)

Figure 13.        Europe Submarine Cable System Market Revenue Breakdown By Key Countries, 2018 & 2027(%)

Figure 14.        France Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 15.        Germany Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16.        Italy Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 17.        Spain Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 18.        UK Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.        Rest of Europe Submarine Cable System Market Revenue and Forecasts to 2027 (US$ Mn)

The List of Companies

  1. Fujitsu Limited
  2. Huawei Marine Networks Co., Limited
  3. Mitsubishi Electric Corporation
  4. NEC Corporation
  5. Nexans SA
  6. Nokia Corporation
  7. Prysmian Group
  8. Subcom, LLC
  9. Sumitomo Electric Industries, Ltd.
  10. ZTT Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe submarine cable system market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the Europe submarine cable system market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.