表紙
市場調查報告書
商品編碼
1068430

海底電網系統的全球市場:組件(電纜、變速驅動器、變壓器、開關設備)、應用(私人電力、風力發電)、水深(淺海、深海),按地區預測到 2027 年

Power Grid System Market in Subsea by Component (Cables, Variable Speed Drives, Transformers, Switchgears), Application (Captive Generation, Wind Power), Depth (Shallow Water and Deepwater) and Region - Global Forecast to 2027

出版日期: | 出版商: MarketsandMarkets | 英文 209 Pages | 訂單完成後即時交付

價格
  • 全貌
  • 簡介
  • 目錄
簡介

在預測期內,全球海底電網系統市場預計將以 10.2% 的複合年增長率增長,從 2022 年的 91 億美元增長到 2027 年的 148 億美元。

當由於政府對海上可再生能源發電如風力發電、減少二氧化碳排放、提高電網可靠性和效率的政策的迫切需要,對海底電網系統的需求增加時。然而,技術專家的短缺、陸上發電成本的降低以及與海上風電場運營相關的氣候挑戰可能是市場挑戰和製約因素。

本報告調查了全球海底電網系統市場,並提供了有關市場動態、專利分析、按細分市場/地區的市場分析、競爭形勢、主要公司概況等方面的信息。

目錄

第一章介紹

第二章調查方法

第 3 章執行摘要

第 4 章重要考慮

  • 市場上具有吸引力的機會
  • 區域市場
  • 按國家/地區劃分的應用和市場
  • 水深市場
  • 按組件市場
  • 按應用進行營銷

第 5 章市場概述

  • 市場動態
    • 促進因素
    • 抑制器
    • 市場機會
    • 挑戰
  • 供應鏈分析
  • 波特五力分析
  • 專利分析

第6章按組件:海底電網系統市場

  • 電纜
  • 變速驅動
  • 變壓器
  • 開關設備
  • 其他

第 7 章按應用:海底電網系統市場

  • 風力發電
  • 私人發電
  • 其他

第8章水深:海底電網系統市場

  • 淺海
  • 深海

第9章按地區:海底電網系統市場

  • 歐洲
  • 亞太地區
  • 北美
  • 中東/非洲
  • 南美洲

第10章競爭態勢

  • 大公司的戰略
  • 5大公司市場佔有率分析
  • 進入主要市場的公司的收入分析
  • 企業評估象限
  • 企業足跡
  • 衝突場景

第 11 章公司簡介

  • 主要公司
    • ABB
    • SIEMENS ENERGY
    • GENERAL ELECTRIC
    • PRYSMIAN GROUP
    • NEXANS
    • BAKER HUGHES
    • SCHLUMBERGER
    • TECHNIPFMC
    • AKER SOLUTIONS ASA
    • NKT
    • OCEANEERING INTERNATIONAL
    • HITACHI ENERGY
    • SUMITOMO ELECTRIC INDUSTRIES, LTD.
    • TE CONNECTIVITY
    • TELEDYNE MARINE
  • 其他企業
    • ZTT
    • SCHNEIDER ELECTRIC
    • APAR INDUSTRIES LTD.
    • LS CABLE & SYSTEM LTD.
    • SSG CABLE

第12章 附錄

目錄
Product Code: EP 1554

The power grid system market in subsea is expected to grow from an estimated USD 9.1 billion in 2022 to USD 14.8 billion in 2027, at a CAGR of 10.2% during the forecast period. Subsea power grid comprise of several components such as cables, transformers, variable speed drives, switchgears, and others used for various applications such as captive generation, offshore wind power, and other applications. Favorable government policies for offshore renewable power production, especially using wind energy along with urgent need to reduce carbon emissions and improve grid reliability and efficiency is expected to drive the demand for subsea power grid systems. Potential of tidal energy to meet subsea power requirements and easy access of wind turbine technology to offshore locations are expected to offer lucrative opportunities for the power grid system market in subsea during the forecast period. However, shortage of technical professionals in subsea industry, low cost of onshore electricity generation, and climatic challenges pertaining to operations of offshore wind farms may act as challenges restraint for the power grid system market in subsea.

"The wind power segment, by application, is expected to record the highest CAGR from 2022 to 2027"

The power grid system market in subsea, by application, has been broadly classified into wind power, captive generation, and Others. The others segment includes solar power, tidal power and gas & diesel based floating power plants. The wind power segment is expected to record the highest CAGR from 2022 to 2027. The increase in the use of subsea power cables in long-distance HV power transmission applications propel the growth of the power grid system market in subsea for wind power. Medium-voltage subsea power cables are often used to connect offshore wind platforms to distant onshore installations. However, high-voltage subsea power cables are preferred for offshore wind power farms installed with many turbines. According to China's National Energy Administration (NEA), 16.9 GW of offshore wind power projects were commissioned in 2021 compared to 9.49 GW installed capacity in 2020. Countries such as the UK, Germany, China, Japan, and Taiwan have plans to invest significantly to expand and develop their regional offshore wind energy industry. These factors are expected to fuel the demand for subsea power grid systems for offshore wind power generation during the forecast period.

"Cables is expected to emerge as the largest segment based on component"

The power grid system market in subsea, on the basis of component, has been segmented into cables, transformers, switchgears, variable speed drives, and others. The others segment includes connectors, actuators, sensors, and penetrators. The cables segment, by component, is expected to dominate the power grid system market in subsea during the forecast period. The adoption of subsea power cables has been mainly driven by the HV power transmission and offshore oil & gas industries. Subsea power cables are widely used to link shore-based power grids. These cables carry power from one country to another, as well as from one offshore platform to another, and transfer power from offshore renewable energy generation plants, which use wind, wave, and tidal energy to generate electricity; regional electrical transmission networks; etc.

"Europe: The largest power grid system market in subsea"

The power grid system market in subsea has been analyzed for 5 regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America. Europe is expected to dominate the global power grid system market in subsea between 2022-2027, followed by Asia Pacific and North America. Europe and Asia Pacific are the major contributors to the global power grid system market in subsea owing to the strong demand for renewable energy sources and favorable government policies in these regions. Most countries in Europe are mainly focusing on renewable energy capacity addition. Countries such as Germany, the UK, the Netherlands, and Norway are leading the renewable energy capacity addition. The growth of the power grid system market in subsea is supported by the European Wind Initiative (EWI), a wind energy R&D program developed to take the wind industry to the next level in Europe.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%

By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%

By Region: Europe- 32%, Asia Pacific- 30%, North America- 18%, the Middle East & Africa- 12%, and South America- 8%

Note: Others includes product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2017. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The power grid system market in subsea is dominated by a few major players that have a wide regional presence. The leading players in the power grid system market in subsea are Prysmian Group (Italy), Nexans (France), TechnipFMC (UK), General Electric (US) Baker Hughes (US), ABB (Switzerland), and Siemens Energy (Germany). Some of the other major players include Schlumberger (US), Aker Solutions ASA (Norway), Hitachi Energy (Switzerland), Oceaneering International (US), NKT (Denmark), LS Cable & System (South Korea), ZTT (China), Sumitomo Electric Industries, Ltd. (Japan), TE Connectivity (Switzerland), Schneider Electric (France), Apar Industries (India) and Intertek Group (UK) among others.

Research Coverage:

The report defines, describes, and forecasts the global power grid system market in subsea, by component, application, depth, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the power grid system market in subsea.

Key Benefits of Buying the Report

1. The report identifies and addresses the key markets for power grid system market in subsea, which would help equipment manufacturers and service providers review the growth in demand.

2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 DEFINITION
    • 1.2.1 POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT: INCLUSIONS & EXCLUSIONS
    • 1.2.2 POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION: INCLUSIONS & EXCLUSIONS
    • 1.2.3 POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH: INCLUSIONS & EXCLUSIONS
  • 1.3 MARKET SCOPE
    • 1.3.1 POWER GRID SYSTEM MARKET IN SUBSEA SEGMENTATION
    • 1.3.2 REGIONAL SCOPE
  • 1.4 YEARS CONSIDERED
  • 1.5 CURRENCY
  • 1.6 LIMITATIONS
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 1 POWER GRID SYSTEM MARKET IN SUBSEA: RESEARCH DESIGN
  • 2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
    • FIGURE 2 DATA TRIANGULATION METHODOLOGY
    • 2.2.1 SECONDARY DATA
      • 2.2.1.1 Key data from secondary sources
    • 2.2.2 PRIMARY DATA
      • 2.2.2.1 Key data from primary sources
      • 2.2.2.2 Breakdown of primaries
    • FIGURE 3 BREAKDOWN OF PRIMARIES
  • 2.3 IMPACT OF COVID-19
  • 2.4 MARKET SIZE ESTIMATION
    • 2.4.1 BOTTOM-UP APPROACH
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
    • 2.4.2 TOP-DOWN APPROACH
    • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    • 2.4.3 DEMAND-SIDE ANALYSIS
    • FIGURE 6 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR SUBSEA POWER GRID SYSTEMS
      • 2.4.3.1 Demand-side calculation
      • 2.4.3.2 Assumptions for demand-side analysis
    • 2.4.4 SUPPLY-SIDE ANALYSIS
    • FIGURE 7 MAIN METRICS CONSIDERED IN ASSESSING SUPPLY FOR SUBSEA POWER GRID SYSTEMS
    • FIGURE 8 POWER GRID SYSTEM MARKET IN SUBSEA: SUPPLY-SIDE ANALYSIS
      • 2.4.4.1 Supply-side calculation
      • 2.4.4.2 Assumptions for supply side
    • 2.4.5 FORECAST

3 EXECUTIVE SUMMARY

    • TABLE 1 POWER GRID SYSTEM MARKET IN SUBSEA SNAPSHOT
    • FIGURE 9 EUROPE DOMINATED POWER GRID SYSTEM MARKET IN SUBSEA IN 2021
    • FIGURE 10 CABLES SEGMENT TO HOLD LARGEST SHARE OF POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT, DURING FORECAST PERIOD
    • FIGURE 11 CAPTIVE GENERATION SEGMENT TO ACCOUNT FOR LARGEST SHARE OF POWER GRID SYSTEM MARKET IN 2027
    • FIGURE 12 DEEPWATER SEGMENT TO WITNESS HIGHER GROWTH RATE IN POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH, DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES IN POWER GRID SYSTEM MARKET IN SUBSEA
    • FIGURE 13 INCREASING DEEPWATER EXPLORATION DUE TO DEPLETING ONSHORE FOSSIL FUEL RESERVES TO DRIVE POWER GRID SYSTEM MARKET IN SUBSEA, 2022-2027
  • 4.2 POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION
    • FIGURE 14 NORTH AMERICAN POWER GRID SYSTEM MARKET IN SUBSEA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • 4.3 EUROPEAN POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION AND COUNTRY
    • FIGURE 15 WIND POWER SEGMENT AND UK DOMINATED POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION AND COUNTRY, RESPECTIVELY, IN 2021
  • 4.4 POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH
    • FIGURE 16 SHALLOW WATER SEGMENT TO ACCOUNT FOR LARGER SHARE THAN DEEPWATER SEGMENT IN 2027
  • 4.5 POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT
    • FIGURE 17 CABLES SEGMENT TO ACCOUNT FOR LARGER SHARE IN 2027
  • 4.6 POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION
    • FIGURE 18 CAPTIVE GENERATION SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2027

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 19 POWER GRID SYSTEM MARKET IN SUBSEA: MARKET DRIVERS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Increased deepwater oil and gas exploration activities due to depleting onshore fossil fuel reserves
    • TABLE 2 OIL RESERVES (BILLION BARRELS), BY COUNTRY, 2021
      • 5.2.1.2 Favorable government policies for offshore renewable power production, especially using wind energy
    • FIGURE 20 GLOBAL ENERGY SUPPLY INVESTMENT, BY SECTOR, 2019-2021
    • FIGURE 21 NEW WIND POWER INSTALLATIONS, 2020
    • FIGURE 22 GROWTH OF WIND POWER CAPACITY FROM 2021 TO 2025, BY REGION (MW)
      • 5.2.1.3 Urgent need to reduce carbon emissions and improve grid reliability and efficiency
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High operational and technological risks
      • 5.2.2.2 Greater energy losses witnessed during long-distance power transmission
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Potential of tidal energy to meet subsea power requirements
      • 5.2.3.2 Easy access of wind turbine technology to offshore locations
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Shortage of technical professionals in subsea industry
      • 5.2.4.2 Low cost of onshore electricity generation
      • 5.2.4.3 Climatic challenges pertaining to operations of offshore wind farms
  • 5.3 SUPPLY CHAIN ANALYSIS
    • FIGURE 23 POWER GRID SYSTEM MARKET IN SUBSEA: SUPPLY CHAIN ANALYSIS
    • 5.3.1 GRID MANUFACTURER
    • 5.3.2 GRID INFRASTRUCTURE INSTALLER
    • 5.3.3 END USER
  • 5.4 PORTER'S FIVE FORCES ANALYSIS
    • FIGURE 24 POWER GRID SYSTEM MARKET IN SUBSEA: PORTER'S FIVE FORCES ANALYSIS
    • TABLE 3 POWER GRID SYSTEM MARKET IN SUBSEA: PORTER'S FIVE FORCES ANALYSIS
    • 5.4.1 THREAT OF NEW ENTRANTS
    • 5.4.2 BARGAINING POWER OF SUPPLIERS
    • 5.4.3 BARGAINING POWER OF BUYERS
    • 5.4.4 THREAT OF SUBSTITUTES
    • 5.4.5 DEGREE OF COMPETITION
  • 5.5 PATENT ANALYSIS
    • TABLE 4 PATENTS RELATED TO OFFSHORE WIND AND OIL & GAS

6 POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT

  • 6.1 INTRODUCTION
    • FIGURE 25 POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT, 2021
    • TABLE 5 POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT, 2020-2027 (USD MILLION)
  • 6.2 CABLES
    • 6.2.1 RISE IN DEMAND FROM OFFSHORE WIND AND OIL & GAS INDUSTRIES TO BOOST GROWTH OF MARKET FOR CABLES
    • TABLE 6 CABLES: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)
  • 6.3 VARIABLE SPEED DRIVES
    • 6.3.1 REDUCTION IN CABLING COST TO DRIVE GROWTH OF MARKET FOR VARIABLE SPEED DRIVES DURING FORECAST PERIOD
    • TABLE 7 VARIABLE SPEED DRIVES: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)
  • 6.4 TRANSFORMERS
    • 6.4.1 GROWTH IN OFFSHORE OIL & GAS EXPLORATION AND PRODUCTION ACTIVITIES TO BOOST MARKET GROWTH IN COMING YEARS
    • TABLE 8 TRANSFORMERS: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)
  • 6.5 SWITCHGEARS
    • 6.5.1 NEED FOR SAFE, EFFICIENT, AND RELIABLE POWER SUPPLY TO ACCELERATE CREATES DEMAND FOR SWITCHGEARS
    • TABLE 9 SWITCHGEARS: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)
  • 6.6 OTHERS
    • TABLE 10 OTHERS: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)

7 POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION

  • 7.1 INTRODUCTION
    • FIGURE 26 POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2021
    • TABLE 11 POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
  • 7.2 WIND POWER
    • 7.2.1 SURGING USE OF SUBSEA POWER CABLES FOR LONG-DISTANCE POWER TRANSMISSION BY OFFSHORE WIND POWER GENERATION PLANTS
    • TABLE 12 WIND POWER: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)
  • 7.3 CAPTIVE GENERATION
    • 7.3.1 INCREASING SUBSEA OPERATIONS AND RISING NUMBER OF DEEPWATER DRILLING ACTIVITIES ACCELERATE DEMAND FOR SUBSEA POWER GRID SYSTEMS
    • TABLE 13 CAPTIVE GENERATION: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)
  • 7.4 OTHERS
    • TABLE 14 OTHERS: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)

8 POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH

  • 8.1 INTRODUCTION
    • FIGURE 27 POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH, 2021
    • TABLE 15 POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH, 2020-2027 (USD MILLION)
  • 8.2 SHALLOW WATER
    • 8.2.1 LOWER COSTS ASSOCIATED WITH SHALLOW WATER PROJECTS THAN DEEPWATER PROJECTS TO DRIVE MARKET GROWTH
    • TABLE 16 SHALLOW WATER: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)
  • 8.3 DEEPWATER
    • 8.3.1 INCREASING OFFSHORE OIL AND GAS EXPLORATION AND PRODUCTION ACTIVITIES IN DEEPWATER TO DRIVE MARKET GROWTH
    • TABLE 17 DEEPWATER: POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)

9 POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION

  • 9.1 INTRODUCTION
    • FIGURE 28 NORTH AMERICA TO REGISTER HIGHEST CAGR IN POWER GRID SYSTEM MARKET IN SUBSEA DURING FORECAST PERIOD
    • FIGURE 29 REGION-WISE SHARE ANALYSIS OF POWER GRID SYSTEM MARKET IN SUBSEA,2021
    • TABLE 18 POWER GRID SYSTEM MARKET IN SUBSEA, BY REGION, 2020-2027 (USD MILLION)
  • 9.2 EUROPE
    • FIGURE 30 SNAPSHOT: POWER GRID SYSTEM MARKET IN SUBSEA IN EUROPE
    • 9.2.1 BY COMPONENT
    • TABLE 19 EUROPE: POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT, 2020-2027 (USD MILLION)
    • 9.2.2 BY APPLICATION
    • TABLE 20 EUROPE: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
    • 9.2.3 BY DEPTH
    • TABLE 21 EUROPE: POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH, 2020-2027 (USD MILLION)
    • 9.2.4 BY COUNTRY
    • TABLE 22 EUROPE: POWER GRID SYSTEM MARKET IN SUBSEA, BY COUNTRY, 2020-2027 (USD MILLION)
      • 9.2.4.1 Germany
        • 9.2.4.1.1 Government initiatives to expand offshore wind power capacity to boost market growth
    • TABLE 23 GERMANY: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.2.4.2 Russia
        • 9.2.4.2.1 New offshore drilling activities to accelerate market growth
    • TABLE 24 RUSSIA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.2.4.3 Norway
        • 9.2.4.3.1 Increase in deepwater oil & gas exploration activities in Norwegian Continental Shelf fuels market growth
    • TABLE 25 NORWAY: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.2.4.4 UK
        • 9.2.4.4.1 Government focus on increasing offshore wind capacity to spur demand for subsea power grid systems
    • TABLE 26 UK: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.2.4.5 Netherlands
        • 9.2.4.5.1 Huge investments in offshore wind projects to promote market growth
    • TABLE 27 NETHERLANDS: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.2.4.6 Denmark
        • 9.2.4.6.1 Significant investments in offshore wind industry to push market growth
    • TABLE 28 DENMARK: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.2.4.7 Rest of Europe
    • TABLE 29 REST OF EUROPE: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
  • 9.3 ASIA PACIFIC
    • FIGURE 31 SNAPSHOT: POWER GRID SYSTEM MARKET IN SUBSEA IN ASIA PACIFIC
    • 9.3.1 BY COMPONENT
    • TABLE 30 ASIA PACIFIC: POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT, 2020-2027 (USD MILLION)
    • 9.3.2 BY APPLICATION
    • TABLE 31 ASIA PACIFIC: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
    • 9.3.3 BY DEPTH
    • TABLE 32 ASIA PACIFIC: POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH, 2020-2027 (USD MILLION)
    • 9.3.4 BY COUNTRY
    • TABLE 33 ASIA PACIFIC: POWER GRID SYSTEM MARKET IN SUBSEA, BY COUNTRY, 2020-2027 (USD MILLION)
      • 9.3.4.1 China
        • 9.3.4.1.1 Considerable investments in renewable energy projects and strong commitment toward decarbonization to stimulate market growth
    • TABLE 34 CHINA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.3.4.2 India
        • 9.3.4.2.1 Upcoming projects for offshore wind production are likely to drive market growth
    • TABLE 35 INDIA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.3.4.3 Japan
        • 9.3.4.3.1 Active participation of government in offshore wind production and promoting wind farm developers
    • TABLE 36 JAPAN: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.3.4.4 South Korea
        • 9.3.4.4.1 Rise in offshore wind installations in South Korea to support market growth
    • TABLE 37 SOUTH KOREA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.3.4.5 Taiwan
        • 9.3.4.5.1 Elevated offshore energy requirements and thriving renewable energy industry to fuel market growth
    • TABLE 38 TAIWAN: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.3.4.6 Rest of Asia Pacific
    • TABLE 39 REST OF ASIA PACIFIC: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
  • 9.4 NORTH AMERICA
    • 9.4.1 BY COMPONENT
    • TABLE 40 NORTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT, 2020-2027 (USD MILLION)
    • 9.4.2 BY APPLICATION
    • TABLE 41 NORTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
    • 9.4.3 BY DEPTH
    • TABLE 42 NORTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH, 2020-2027 (USD MILLION)
    • 9.4.4 BY COUNTRY
    • TABLE 43 NORTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY COUNTRY, 2020-2027 (USD MILLION)
      • 9.4.4.1 US
        • 9.4.4.1.1 Increasing number of offshore wind projects and growing need to improve oil and gas production output to surge requirement for subsea power grid systems
    • TABLE 44 US: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.4.4.2 Canada
        • 9.4.4.2.1 Rising focus and growing investments in offshore wind projects to provide lucrative opportunities
    • TABLE 45 CANADA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.4.4.3 Mexico
        • 9.4.4.3.1 increasing CAPEX and investments toward offshore E&P activities and elevating energy requirements to boost demand for subsea power grid systems
    • TABLE 46 MEXICO: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
  • 9.5 MIDDLE EAST & AFRICA
    • 9.5.1 BY COMPONENT
    • TABLE 47 MIDDLE EAST & AFRICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT, 2020-2027 (USD MILLION)
    • 9.5.2 BY APPLICATION
    • TABLE 48 MIDDLE EAST & AFRICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
    • 9.5.3 BY DEPTH
    • TABLE 49 MIDDLE EAST & AFRICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH, 2020-2027 (USD MILLION)
    • 9.5.4 BY COUNTRY
    • TABLE 50 MIDDLE EAST & AFRICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY COUNTRY, 2020-2027 (USD MILLION)
      • 9.5.4.1 Saudi Arabia
        • 9.5.4.1.1 Saudi Arabia to be fastest-growing market in MEA during forecast period
    • TABLE 51 SAUDI ARABIA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.5.4.2 UAE
        • 9.5.4.2.1 UAE to account for largest share of Middle Eastern & African market throughout forecast period
    • TABLE 52 UAE: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.5.4.3 Qatar
        • 9.5.4.3.1 Country's focus on offshore drilling activities is likely to propel growth of power grid system market in subsea
    • TABLE 53 QATAR: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.5.4.4 Rest of Middle East & Africa
    • TABLE 54 REST OF MIDDLE EAST & AFRICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
  • 9.6 SOUTH AMERICA
    • 9.6.1 BY COMPONENT
    • TABLE 55 SOUTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY COMPONENT, 2020-2027 (USD MILLION)
    • 9.6.2 BY APPLICATION
    • TABLE 56 SOUTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
    • 9.6.3 BY DEPTH
    • TABLE 57 SOUTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY DEPTH, 2020-2027 (USD MILLION)
    • 9.6.4 BY COUNTRY
    • TABLE 58 SOUTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY COUNTRY, 2020-2027 (USD MILLION)
      • 9.6.4.1 Brazil
        • 9.6.4.1.1 Direct investments by foreign companies in oil & gas projects and growing deepwater exploration activities to foster market growth
    • TABLE 59 BRAZIL: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.6.4.2 Argentina
        • 9.6.4.2.1 Prime focus on offshore gas exploration and production activities and favorable government policies to support market growth
    • TABLE 60 ARGENTINA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)
      • 9.6.4.3 Rest of South America
    • TABLE 61 REST OF SOUTH AMERICA: POWER GRID SYSTEM MARKET IN SUBSEA, BY APPLICATION, 2020-2027 (USD MILLION)

10 COMPETITIVE LANDSCAPE

  • 10.1 KEY PLAYERS STRATEGIES
    • TABLE 62 OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, JANUARY 2018-MARCH 2022
  • 10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
    • TABLE 63 POWER GRID SYSTEM MARKET IN SUBSEA: DEGREE OF COMPETITION
    • FIGURE 32 POWER GRID SYSTEM MARKET IN SUBSEA: MARKET SHARE ANALYSIS, 2021
  • 10.3 REVENUE ANALYSIS OF TOP MARKET PLAYERS
    • FIGURE 33 REVENUE OF TOP PLAYERS IN POWER GRID SYSTEM MARKET IN SUBSEA FROM 2016 TO 2021
  • 10.4 COMPANY EVALUATION QUADRANT
    • 10.4.1 STAR
    • 10.4.2 PERVASIVE
    • 10.4.3 EMERGING LEADER
    • 10.4.4 PARTICIPANT
    • FIGURE 34 COMPETITIVE LEADERSHIP MAPPING: POWER GRID SYSTEM MARKET IN SUBSEA, 2021
  • 10.5 POWER GRID SYSTEM MARKET IN SUBSEA: COMPANY FOOTPRINT
    • TABLE 64 BY COMPONENT: COMPANY FOOTPRINT
    • TABLE 65 BY APPLICATION: COMPANY FOOTPRINT
    • TABLE 66 BY REGION: COMPANY FOOTPRINT
    • TABLE 67 COMPANY FOOTPRINT
  • 10.6 COMPETITIVE SCENARIO
    • TABLE 68 POWER GRID SYSTEM MARKET IN SUBSEA: DEALS, MARCH 2021-FEBRUARY 2022
    • TABLE 69 POWER GRID SYSTEM MARKET IN SUBSEA: OTHERS, SEPTEMBER 2019-MARCH 2022

11 COMPANY PROFILES

  • 11.1 KEY PLAYERS
  • (Business and financial overview, Products/services offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)**
    • 11.1.1 ABB
    • TABLE 70 ABB: BUSINESS OVERVIEW
    • FIGURE 35 ABB: COMPANY SNAPSHOT, 2021
    • TABLE 71 ABB: PRODUCTS/SERVICES OFFERED
    • TABLE 72 ABB: DEALS
    • TABLE 73 ABB: OTHERS
    • 11.1.2 SIEMENS ENERGY
    • TABLE 74 SIEMENS ENERGY: BUSINESS OVERVIEW
    • FIGURE 36 SIEMENS ENERGY: COMPANY SNAPSHOT, 2021
    • TABLE 75 SIEMENS ENERGY: PRODUCTS/SERVICES OFFERED
    • TABLE 76 SIEMENS ENERGY: OTHERS
    • 11.1.3 GENERAL ELECTRIC
    • TABLE 77 GENERAL ELECTRIC: BUSINESS OVERVIEW
    • FIGURE 37 GENERAL ELECTRIC: COMPANY SNAPSHOT, 2021
    • TABLE 78 GENERAL ELECTRIC: PRODUCTS/SERVICES OFFERED
    • TABLE 79 GENERAL ELECTRIC: DEALS
    • TABLE 80 GENERAL ELECTRIC: OTHERS
    • 11.1.4 PRYSMIAN GROUP
    • TABLE 81 PRYSMIAN GROUP: BUSINESS OVERVIEW
    • FIGURE 38 PRYSMIAN GROUP: COMPANY SNAPSHOT, 2020
    • TABLE 82 PRYSMIAN GROUP: PRODUCTS/SERVICES OFFERED
    • TABLE 83 PRYSMIAN GROUP: DEALS
    • TABLE 84 PRYSMIAN GROUP: OTHERS
    • 11.1.5 NEXANS
    • TABLE 85 NEXANS: BUSINESS OVERVIEW
    • FIGURE 39 NEXANS: COMPANY SNAPSHOT, 2020
    • TABLE 86 NEXANS: PRODUCTS/SERVICES OFFERED
    • TABLE 87 NEXANS: DEALS
    • TABLE 88 NEXANS: OTHERS
    • 11.1.6 BAKER HUGHES
    • TABLE 89 BAKER HUGHES: BUSINESS OVERVIEW
    • FIGURE 40 BAKER HUGHES: COMPANY SNAPSHOT, 2021
    • TABLE 90 BAKER HUGHES: PRODUCTS/SERVICES OFFERED
    • TABLE 91 BAKER HUGHES: OTHERS
    • 11.1.7 SCHLUMBERGER
    • TABLE 92 SCHLUMBERGER: BUSINESS OVERVIEW
    • FIGURE 41 SCHLUMBERGER: COMPANY SNAPSHOT, 2021
    • TABLE 93 SCHLUMBERGER: PRODUCTS/SERVICES OFFERED
    • TABLE 94 SCHLUMBERGER: OTHERS
    • 11.1.8 TECHNIPFMC
    • TABLE 95 TECHNIPFMC: BUSINESS OVERVIEW
    • FIGURE 42 TECHNIPFMC: COMPANY SNAPSHOT, 2021
    • TABLE 96 TECHNIPFMC: PRODUCTS/SERVICES OFFERED
    • TABLE 97 TECHNIPFMC: DEALS
    • TABLE 98 TECHNIPFMC: OTHERS
    • 11.1.9 AKER SOLUTIONS ASA
    • TABLE 99 AKER SOLUTIONS ASA: BUSINESS OVERVIEW
    • FIGURE 43 AKER SOLUTIONS ASA: COMPANY SNAPSHOT, 2020
    • TABLE 100 AKER SOLUTIONS ASA: PRODUCTS/SERVICES OFFERED
    • TABLE 101 AKER SOLUTIONS ASA: DEALS
    • TABLE 102 AKER SOLUTIONS ASA: OTHERS
    • 11.1.10 NKT
    • TABLE 103 NKT: BUSINESS OVERVIEW
    • FIGURE 44 NKT: COMPANY SNAPSHOT, 2021
    • TABLE 104 NKT: PRODUCTS/SERVICES OFFERED
    • TABLE 105 NKT: DEALS
    • TABLE 106 NKT: OTHERS
    • 11.1.11 OCEANEERING INTERNATIONAL
    • TABLE 107 OCEANEERING INTERNATIONAL: BUSINESS OVERVIEW
    • FIGURE 45 OCEANEERING INTERNATIONAL: COMPANY SNAPSHOT, 2021
    • TABLE 108 OCEANEERING INTERNATIONAL: PRODUCTS/SERVICES OFFERED
    • TABLE 109 OCEANEERING INTERNATIONAL: OTHERS
    • 11.1.12 HITACHI ENERGY
    • TABLE 110 HITACHI ENERGY: BUSINESS OVERVIEW
    • TABLE 111 HITACHI ENERGY: PRODUCTS/SERVICES OFFERED
    • TABLE 112 HITACHI ENERGY: DEALS
    • TABLE 113 HITACHI ENERGY: OTHERS
    • 11.1.13 SUMITOMO ELECTRIC INDUSTRIES, LTD.
    • TABLE 114 SUMITOMO ELECTRIC INDUSTRIES, LTD.: BUSINESS OVERVIEW
    • FIGURE 46 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY SNAPSHOT, 2020
    • TABLE 115 SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCTS/SERVICES OFFERED
    • TABLE 116 SUMITOMO ELECTRIC INDUSTRIES, LTD.: OTHERS
    • 11.1.14 TE CONNECTIVITY
    • TABLE 117 TE CONNECTIVITY: BUSINESS OVERVIEW
    • FIGURE 47 TE CONNECTIVITY: COMPANY SNAPSHOT, 2021
    • TABLE 118 TE CONNECTIVITY: PRODUCTS/SERVICES OFFERED
    • 11.1.15 TELEDYNE MARINE
    • TABLE 119 TELEDYNE MARINE: BUSINESS OVERVIEW
    • TABLE 120 TELEDYNE MARINE: PRODUCTS/SERVICES OFFERED
  • 11.2 OTHER PLAYERS
    • 11.2.1 ZTT
    • 11.2.2 SCHNEIDER ELECTRIC
    • 11.2.3 APAR INDUSTRIES LTD.
    • 11.2.4 LS CABLE & SYSTEM LTD.
    • 11.2.5 SSG CABLE
  • *Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies.

12 APPENDIX

  • 12.1 INSIGHTS OF INDUSTRY EXPERTS
  • 12.2 DISCUSSION GUIDE
  • 12.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 12.4 AVAILABLE CUSTOMIZATIONS
  • 12.5 RELATED REPORTS
  • 12.6 AUTHOR DETAILS