Los Angeles, CA -- (SBWIRE) -- 05/20/2019 -- Offshore wind power or offshore wind energy is the use of wind farms constructed in bodies of water, usually in the ocean on the continental shelf, to harvest wind energy to generate electricity. Offshore wind cable is used for transporting electricity to other places. The need for more renewable energy has raised the number of offshore wind farms around the world. There is a rapid surge in offshore wind power installations due to its larger capacity output of up to 40% more compared with onshore wind power generation.

Moreover, the offshore wind cables play a significant role in transporting new generated power from offshore wind turbines to the shore. Also, offshore wind cable offers better integration of renewable energies. This growth of power cables is closely correlated with the growth of installation of offshore renewable energy. The global Offshore Wind Cable market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.

This report studies the Offshore Wind Cable market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Offshore Wind Cable in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

ABB

Nexans

NKT

Prysmian

General Cable

Parker Hannifin

LS Cable & System

TPC Wire & Cable

Fujikura

JDR Cable Systems

Able

Brugg Cables

By the product type, the market is primarily split into

Inter-array Cable

Export Cable

By the end users/application, this report covers the following segments

Offshore Wind Turbine

Oil and Gas Drilling

Other

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