Global Offshore Wind Cable Market 2017-2021: Market to Grow at a CAGR of 16.52% – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Global
Offshore Wind Cable Market 2017-2021" report has been added to Research
and Markets' offering.
The global offshore wind cable market to grow at a CAGR of 16.52% during
the period 2017-2021.
Global Offshore Wind Cable Market 2017-2021, has been prepared based on
an in-depth market analysis with inputs from industry experts. The
report also includes a discussion of the key vendors operating in this
market. To calculate the market size, the report considers new
installations.
One trend in the market is increase in demand for clean power. Power
demand is constantly increasing across the globe. Furthermore, growth in
population and global economy is expected to drive this trend in the
future as well. Rising population growth and increasing economic
development would require considerable amounts of power.
According to the report, one driver in the market is innovations in the
wind industry. Over the past 15 years, offshore wind power generation
has grown from a novel technology to one of the competitive alternative
power generation source helping in fighting climate change. In 2001,
there were only two countries that had commercial offshore wind power
generation, and as of 2016, there were more than 15 countries with
offshore wind installed capacity.
Further, the report states that one challenge in the market is increase
in reliability and accidental risk. To have a reliable and functional
offshore wind farm, cables must be installed, manufactured, and
protected from accidents. The protective covering over the cables offers
good mechanical protection, and at the same time, these protective
coverings will not interact chemically with the salt water. To minimize
the risk, offshore wind cables are buried in the seabed.
Key vendors
- ABB
- General Cable
- Nexans
- NKT
- Prysmian
- Sumitomo Electric Industries
Other prominent vendors
- Able UK
- Brugg Cables
- Fujikura
- JDR Cable Systems
- LEONI
- LS Cable & System
- PARKER HANNIFIN
- TPC Wire & Cable
Key Topics Covered:
- Executive Summary
- Scope Of The Report
- Research Methodology
- Introduction
- Market Landscape
- Market Segmentation By Product
- Geographical Segmentation
- Decision Framework
- Drivers And Challenges
- Market Trends
- Vendor Landscape
- Key Vendor Analysis
- Appendix
For more information about this report visit https://www.researchandmarkets.com/research/2q82mg/global_offshore
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Related
Topics: Wind
Power
