Offshore Cable Protection System market

Offshore Cable Protection System Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Energy and Natural Resources
  • 74 Pages
  • Report code : PMR-6806669

  • 4.7 (158)

Offshore Cable Protection System Market

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The offshore cable protection system is usually composed of cast iron and polyurethane materials, and surrounds the outside of the submarine cable of the offshore wind farm to provide physical protection for the cable buried in the transition area between the seabed and the wind turbine foundation.

Usually the length is 10-20 meters, the diameter is 400 mm, and the weight is 1500 kg. It is installed on the cable during the cable installation process and provides continuous cable protection for the entire operating life of the subsea cable.

Offshore Cable Protection System Market contains market size and forecasts of Offshore Cable Protection System in Global, including the following market information:

Global Offshore Cable Protection System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Offshore Cable Protection System market was valued at 110.3 million in 2021 and is projected to reach US$ 190.7 million by 2028, at a CAGR of 8.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Metal Cable Protection System Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Offshore Cable Protection System include Tekmar Energy, Balmoral, Trelleborg, FMGC, Lankhorst, VPI, First Subsea, SUBSEA ENERGY SOLUTIONS LTD and PartnerPlast and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Offshore Cable Protection System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Offshore Cable Protection System Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Offshore Cable Protection System Market Segment Percentages, by Type, 2021 (%)

Metal Cable Protection System

Composite Material Cable Protection System

Global Offshore Cable Protection System Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Offshore Cable Protection System Market Segment Percentages, by Application, 2021 (%)

Wind Power

Oil and Gas

Others

Global Offshore Cable Protection System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Offshore Cable Protection System Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Offshore Cable Protection System revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Offshore Cable Protection System revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Tekmar Energy

Balmoral

Trelleborg

FMGC

Lankhorst

VPI

First Subsea

SUBSEA ENERGY SOLUTIONS LTD

PartnerPlast

Supergrip (UK) Ltd

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