Submarine Power Cable Market Size, Share, and Trends 2026 to 2035

Submarine Power Cable Market (By Core Type: Single-Core, Multi-Core; By Voltage: Medium, High; By Conductor Material: Cooper, Aluminum; By End Use: Offshore Wind, Inter-Country & Island Connection, Offshore Oil & Gas, Others) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2026 to 2035

Last Updated : 29 Jan 2026  |  Report Code : 3436  |  Category : Energy and Power   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Submarine Power Cable Market 

5.1. COVID-19 Landscape: Submarine Power Cable Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Submarine Power Cable Market, By Core Type

8.1. Submarine Power Cable Market Revenue and Volume, by Core Type

8.1.1. Single-Core

8.1.1.1. Market Revenue and Forecast

8.1.2. Multi-Core

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Submarine Power Cable Market, By Voltage

9.1. Submarine Power Cable Market Revenue and Volume, by Voltage

9.1.1. Medium

9.1.1.1. Market Revenue and Forecast

9.1.2. High

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Submarine Power Cable Market, By Conductor Material 

10.1. Submarine Power Cable Market Revenue and Volume, by Conductor Material

10.1.1. Cooper

10.1.1.1. Market Revenue and Forecast

10.1.2. Aluminum

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Submarine Power Cable Market, By End Use 

11.1. Submarine Power Cable Market Revenue and Volume, by End Use

11.1.1. Offshore Wind

11.1.1.1. Market Revenue and Forecast

11.1.2. Inter-Country & Island Connection

11.1.2.1. Market Revenue and Forecast

11.1.3. Offshore Oil & Gas

11.1.3.1. Market Revenue and Forecast

11.1.4. Others

11.1.4.1. Market Revenue and Forecast

Chapter 12. Global Submarine Power Cable Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Core Type

12.1.2. Market Revenue and Forecast, by Voltage

12.1.3. Market Revenue and Forecast, by Conductor Material

12.1.4. Market Revenue and Forecast, by End Use

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Core Type

12.1.5.2. Market Revenue and Forecast, by Voltage

12.1.5.3. Market Revenue and Forecast, by Conductor Material

12.1.5.4. Market Revenue and Forecast, by End Use

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Core Type

12.1.6.2. Market Revenue and Forecast, by Voltage

12.1.6.3. Market Revenue and Forecast, by Conductor Material

12.1.6.4. Market Revenue and Forecast, by End Use

12.2. Europe

12.2.1. Market Revenue and Forecast, by Core Type

12.2.2. Market Revenue and Forecast, by Voltage

12.2.3. Market Revenue and Forecast, by Conductor Material

12.2.4. Market Revenue and Forecast, by End Use

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Core Type

12.2.5.2. Market Revenue and Forecast, by Voltage

12.2.5.3. Market Revenue and Forecast, by Conductor Material

12.2.5.4. Market Revenue and Forecast, by End Use

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Core Type

12.2.6.2. Market Revenue and Forecast, by Voltage

12.2.6.3. Market Revenue and Forecast, by Conductor Material

12.2.6.4. Market Revenue and Forecast, by End Use

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Core Type

12.2.7.2. Market Revenue and Forecast, by Voltage

12.2.7.3. Market Revenue and Forecast, by Conductor Material

12.2.7.4. Market Revenue and Forecast, by End Use

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Core Type

12.2.8.2. Market Revenue and Forecast, by Voltage

12.2.8.3. Market Revenue and Forecast, by Conductor Material

12.2.8.4. Market Revenue and Forecast, by End Use

12.3. APAC

12.3.1. Market Revenue and Forecast, by Core Type

12.3.2. Market Revenue and Forecast, by Voltage

12.3.3. Market Revenue and Forecast, by Conductor Material

12.3.4. Market Revenue and Forecast, by End Use

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Core Type

12.3.5.2. Market Revenue and Forecast, by Voltage

12.3.5.3. Market Revenue and Forecast, by Conductor Material

12.3.5.4. Market Revenue and Forecast, by End Use

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Core Type

12.3.6.2. Market Revenue and Forecast, by Voltage

12.3.6.3. Market Revenue and Forecast, by Conductor Material

12.3.6.4. Market Revenue and Forecast, by End Use

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Core Type

12.3.7.2. Market Revenue and Forecast, by Voltage

12.3.7.3. Market Revenue and Forecast, by Conductor Material

12.3.7.4. Market Revenue and Forecast, by End Use

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Core Type

12.3.8.2. Market Revenue and Forecast, by Voltage

12.3.8.3. Market Revenue and Forecast, by Conductor Material

12.3.8.4. Market Revenue and Forecast, by End Use

12.4. MEA

12.4.1. Market Revenue and Forecast, by Core Type

12.4.2. Market Revenue and Forecast, by Voltage

12.4.3. Market Revenue and Forecast, by Conductor Material

12.4.4. Market Revenue and Forecast, by End Use

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Core Type

12.4.5.2. Market Revenue and Forecast, by Voltage

12.4.5.3. Market Revenue and Forecast, by Conductor Material

12.4.5.4. Market Revenue and Forecast, by End Use

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Core Type

12.4.6.2. Market Revenue and Forecast, by Voltage

12.4.6.3. Market Revenue and Forecast, by Conductor Material

12.4.6.4. Market Revenue and Forecast, by End Use

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Core Type

12.4.7.2. Market Revenue and Forecast, by Voltage

12.4.7.3. Market Revenue and Forecast, by Conductor Material

12.4.7.4. Market Revenue and Forecast, by End Use

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Core Type

12.4.8.2. Market Revenue and Forecast, by Voltage

12.4.8.3. Market Revenue and Forecast, by Conductor Material

12.4.8.4. Market Revenue and Forecast, by End Use

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Core Type

12.5.2. Market Revenue and Forecast, by Voltage

12.5.3. Market Revenue and Forecast, by Conductor Material

12.5.4. Market Revenue and Forecast, by End Use

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Core Type

12.5.5.2. Market Revenue and Forecast, by Voltage

12.5.5.3. Market Revenue and Forecast, by Conductor Material

12.5.5.4. Market Revenue and Forecast, by End Use

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Core Type

12.5.6.2. Market Revenue and Forecast, by Voltage

12.5.6.3. Market Revenue and Forecast, by Conductor Material

12.5.6.4. Market Revenue and Forecast, by End Use

Chapter 13. Company Profiles

13.1. Prysmian Group

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Nexans S.A.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Sumitomo Electric Industries, Ltd.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Furukawa Electric Co., Ltd.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. NKT A/S

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. LS Cable & System Ltd.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Hengtong Group

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Jiangsu Zhongtian Technology Co., Ltd.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Southwire Company, LLC

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. J-Power Systems Corporation

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

Answer : The global submarine power cable market size is expected to increase USD 41.57 billion by 2035 from USD 18.56 billion in 2025.

Answer : The global submarine power cable market will register growth rate of 8.40% between 2026 and 2035.

Answer : The major players operating in the submarine power cable market are Prysmian Group, Nexans S.A., Sumitomo Electric Industries, Ltd., Furukawa Electric Co., Ltd., NKT A/S, LS Cable & System Ltd., Hengtong Group, Jiangsu Zhongtian Technology Co., Ltd., Southwire Company, LLC, J-Power Systems Corporation, General Cable Corporation, Fujikura Ltd., Tele-Fonika Kable S.A., ZTT Group, TF Kable Sdn Bhd, and Others.

Answer : The driving factors of the submarine power cable market are the renewable energy expansion and Interconnection projects are two key drivers significantly surging the demand.

Answer : Europe region will lead the global submarine power cable market during the forecast period 2026 to 2035.

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