$30BIL+ IN TRANS-OCEAN TRANSMISSION BIZ TO 2023

Submarine Electricity Transmission; HVDC and HVAC Submarine Power Cables: Supply Constraints, Demand Drivers, Technology Issues, Prominent Projects, Key Industry Players, and Global Market Forecasts

4Q 2013 (Navigant Research)

“The market for high-voltage submarine cables is a small and highly specialized industry that will experience increasing growth over the next several years…As cable technology advances, more projects are being proposed that require longer, deeper, and higher-capacity cables…Even the most conservative growth models show that the industry will expand rapidly and the supply chain has expanded…[T]he primary restraints on the submarine cable market in the foreseeable future are restrictions in financing and regulatory roadblocks. Navigant Research forecasts that the high-voltage submarine cable market will realize $33.8 billion in cumulative revenue between 2014 and 2023 under a conservative scenario…” click here for more

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