Underwater Power and Cable Systems Market Size, Share, and Trends 2026 to 2035

Underwater Power and Cable Systems Market (By Application Type: Submarine Power Cables, Submarine Communication Cables; By Voltage: High Voltage (EV), Extra High Voltage (EHV), Medium Voltage (MV); By Conductor Material: Copper, Aluminium; By End-User Industry: Offshore Wind Power Generation, Inter-Country & Island Connection, Offshore Oil & Gas, Telecommunications) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2026 to 2035

Last Updated : 19 Feb 2026  |  Report Code : 7774  |  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 Underwater Power and Cable Systems Market 

5.1. COVID-19 Landscape: Underwater Power and Cable Systems 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 Underwater Power and Cable Systems Market, By Application Type

8.1. Underwater Power and Cable Systems Market Revenue and Volume Forecast, by Application Type

8.1.1. Submarine Power Cables

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Submarine Communication Cables

8.1.2.1. Market Revenue and Volume Forecast

Chapter 9. Global Underwater Power and Cable Systems Market, By Voltage

9.1. Underwater Power and Cable Systems Market Revenue and Volume Forecast, by Voltage

9.1.1. High Voltage (EV)

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Extra High Voltage (EHV)

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Medium Voltage (MV)

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Underwater Power and Cable Systems Market, By Conductor Material

10.1. Underwater Power and Cable Systems Market Revenue and Volume Forecast, by Conductor Material

10.1.1. Copper

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Aluminium

10.1.2.1. Market Revenue and Volume Forecast

Chapter 11. Global Underwater Power and Cable Systems Market, By End-User Industry

11.1. Underwater Power and Cable Systems Market Revenue and Volume Forecast, by End-User Industry

11.1.1. Offshore Wind Power Generation

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Inter-Country & Island Connection

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Offshore Oil & Gas

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Telecommunications

11.1.4.1. Market Revenue and Volume Forecast

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

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Application Type

12.1.2. Market Revenue and Volume Forecast, by Voltage

12.1.3. Market Revenue and Volume Forecast, by Conductor Material

12.1.4. Market Revenue and Volume Forecast, by End-User Industry

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Application Type

12.1.5.2. Market Revenue and Volume Forecast, by Voltage

12.1.5.3. Market Revenue and Volume Forecast, by Conductor Material

12.1.5.4. Market Revenue and Volume Forecast, by End-User Industry

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Application Type

12.1.6.2. Market Revenue and Volume Forecast, by Voltage

12.1.6.3. Market Revenue and Volume Forecast, by Conductor Material

12.1.6.4. Market Revenue and Volume Forecast, by End-User Industry

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Application Type

12.2.2. Market Revenue and Volume Forecast, by Voltage

12.2.3. Market Revenue and Volume Forecast, by Conductor Material

12.2.4. Market Revenue and Volume Forecast, by End-User Industry

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Application Type

12.2.5.2. Market Revenue and Volume Forecast, by Voltage

12.2.5.3. Market Revenue and Volume Forecast, by Conductor Material

12.2.5.4. Market Revenue and Volume Forecast, by End-User Industry

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Application Type

12.2.6.2. Market Revenue and Volume Forecast, by Voltage

12.2.6.3. Market Revenue and Volume Forecast, by Conductor Material

12.2.6.4. Market Revenue and Volume Forecast, by End-User Industry

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Application Type

12.2.7.2. Market Revenue and Volume Forecast, by Voltage

12.2.7.3. Market Revenue and Volume Forecast, by Conductor Material

12.2.7.4. Market Revenue and Volume Forecast, by End-User Industry

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Application Type

12.2.8.2. Market Revenue and Volume Forecast, by Voltage

12.2.8.3. Market Revenue and Volume Forecast, by Conductor Material

12.2.8.4. Market Revenue and Volume Forecast, by End-User Industry

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Application Type

12.3.2. Market Revenue and Volume Forecast, by Voltage

12.3.3. Market Revenue and Volume Forecast, by Conductor Material

12.3.4. Market Revenue and Volume Forecast, by End-User Industry

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Application Type

12.3.5.2. Market Revenue and Volume Forecast, by Voltage

12.3.5.3. Market Revenue and Volume Forecast, by Conductor Material

12.3.5.4. Market Revenue and Volume Forecast, by End-User Industry

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Application Type

12.3.6.2. Market Revenue and Volume Forecast, by Voltage

12.3.6.3. Market Revenue and Volume Forecast, by Conductor Material

12.3.6.4. Market Revenue and Volume Forecast, by End-User Industry

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Application Type

12.3.7.2. Market Revenue and Volume Forecast, by Voltage

12.3.7.3. Market Revenue and Volume Forecast, by Conductor Material

12.3.7.4. Market Revenue and Volume Forecast, by End-User Industry

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Application Type

12.3.8.2. Market Revenue and Volume Forecast, by Voltage

12.3.8.3. Market Revenue and Volume Forecast, by Conductor Material

12.3.8.4. Market Revenue and Volume Forecast, by End-User Industry

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Application Type

12.4.2. Market Revenue and Volume Forecast, by Voltage

12.4.3. Market Revenue and Volume Forecast, by Conductor Material

12.4.4. Market Revenue and Volume Forecast, by End-User Industry

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Application Type

12.4.5.2. Market Revenue and Volume Forecast, by Voltage

12.4.5.3. Market Revenue and Volume Forecast, by Conductor Material

12.4.5.4. Market Revenue and Volume Forecast, by End-User Industry

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Application Type

12.4.6.2. Market Revenue and Volume Forecast, by Voltage

12.4.6.3. Market Revenue and Volume Forecast, by Conductor Material

12.4.6.4. Market Revenue and Volume Forecast, by End-User Industry

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Application Type

12.4.7.2. Market Revenue and Volume Forecast, by Voltage

12.4.7.3. Market Revenue and Volume Forecast, by Conductor Material

12.4.7.4. Market Revenue and Volume Forecast, by End-User Industry

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Application Type

12.4.8.2. Market Revenue and Volume Forecast, by Voltage

12.4.8.3. Market Revenue and Volume Forecast, by Conductor Material

12.4.8.4. Market Revenue and Volume Forecast, by End-User Industry

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Application Type

12.5.2. Market Revenue and Volume Forecast, by Voltage

12.5.3. Market Revenue and Volume Forecast, by Conductor Material

12.5.4. Market Revenue and Volume Forecast, by End-User Industry

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Application Type

12.5.5.2. Market Revenue and Volume Forecast, by Voltage

12.5.5.3. Market Revenue and Volume Forecast, by Conductor Material

12.5.5.4. Market Revenue and Volume Forecast, by End-User Industry

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Application Type

12.5.6.2. Market Revenue and Volume Forecast, by Voltage

12.5.6.3. Market Revenue and Volume Forecast, by Conductor Material

12.5.6.4. Market Revenue and Volume Forecast, by End-User Industry

Chapter 13. Company Profiles

13.1. NEC Corporation (Japan)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. SubCom LLC (USA)

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 (Japan)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Nexans S.A. (France)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Prysmian Group (Italy)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Alcatel Submarine Networks (Nokia) (France)

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Hellenic Cables (Greece)

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. TE Connectivity (Switzerland)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Furukawa Electric (Japan)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Orient Cable (NBO) (China)

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 underwater power and cable systems market size is expected to increase from USD 19.10 billion in 2025 to USD 45.63 billion by 2035.

Answer : The underwater power and cable systems market is expected to grow at a compound annual growth rate (CAGR) of around 9.10% from 2026 to 2035.

Answer : The major players in the underwater power and cable systems market include Prysmian Group (Italy), Nexans S.A. (France), NKT A/S (Denmark), Sumitomo Electric Industries (Japan), LS Cable & System (South Korea), Hengtong Group (China), ZTT (Zhongtian Technology) (China), SubCom LLC (USA), NEC Corporation (Japan), Alcatel Submarine Networks (Nokia) (France), JDR Cable Systems (TFKable) (UK), Hellenic Cables (Greece), Furukawa Electric (Japan), TE Connectivity (Switzerland), and Orient Cable (NBO) (China)

Answer : The driving factors of the underwater power and cable systems market are driven by rising offshore energy projects and subsea infrastructure developments, enabling efficient transmission of electricity and data across marine environments.

Answer : Asia Pacific region will lead the global underwater power and cable systems market during the forecast period 2026 to 2035.

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