Subsea Power Grid Systems Market - Global Outlook and Forecast 2022-2028

22 June 2022
Energy and Natural Resources
114 Pages
Report code : PMR-7159724

4.7

(158)

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Subsea Power Grid Systems Market

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The subsea power grids system are gaining worldwide importance as the oil field operators are heading towards deep and ultra deep waters for the hunt of oil and gas.

Subsea Power Grid Systems Market contains market size and forecasts of Subsea Power Grid Systems in global, including the following market information:

Global Subsea Power Grid Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Subsea Power Grid Systems Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Subsea Power Grid Systems companies in 2021 (%)

The global Subsea Power Grid Systems market was valued at 1053.7 million in 2021 and is projected to reach US$ 1937.5 million by 2028, at a CAGR of 9.1% during the forecast period.

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

Cables Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Subsea Power Grid Systems include ABB, Aker Solutions, Bandak Group, Cameron International, Dril-Quip, Expro International Group Holdings, FMC Technologies, General Electric and JDR Cable Systems (Holdings), etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Subsea Power Grid Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Subsea Power Grid Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Subsea Power Grid Systems Market Segment Percentages, by Type, 2021 (%)

Cables
Variable Speed Drives
Transformers
Switchgears
Others

Global Subsea Power Grid Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Subsea Power Grid Systems Market Segment Percentages, by Application, 2021 (%)

Deep-Sea Power Supply System
Shallow Sea Power Supply System

Global Subsea Power Grid Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Subsea Power Grid Systems 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 Subsea Power Grid Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Subsea Power Grid Systems revenues share in global market, 2021 (%)
Key companies Subsea Power Grid Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Subsea Power Grid Systems sales share in global market, 2021 (%)

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

ABB
Aker Solutions
Bandak Group
Cameron International
Dril-Quip
Expro International Group Holdings
FMC Technologies
General Electric
JDR Cable Systems (Holdings)
Nexans
Norddeutsche Seekabelwerke
Oceaneering International
Parker Hannifin
Prysmian
Schlumberger
SIEM Offshore Contractors
Siemens
Technip

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