July 22, 2022 14:17 ET | Source: ReportLinker ReportLinker

New York, July 22, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Submarine Power Cable Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031" - https://www.reportlinker.com/p06293239/?utm_source=GNW The report also provides the compound annual growth rate (CAGR %) of the global submarine power cable market in terms of both volume and revenue for the period, 2022-2031. The report has been prepared with extensive primary and secondary research.Primary research involved the majority of the research efforts, wherein analysts carried out interviews with key manufacturers, end-consumers, industry experts, independent consultants, and opinion-makers. Secondary research involved referring to company websites, annual reports, investor’s presentations, press releases, patents database, import-export statistics, and other relevant documents to understand the submarine power cable market.Secondary research also included our internal repository, industry associations, government agencies, and proprietary databases. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global submarine power cable market. The report includes an executive summary, along with a market overview and an elaborative analysis of the growth behavior in various segments that are included in the scope of the study.The report also covers a high-level picture of the production processes and product specifications pertaining to submarine power cable. Furthermore, the report provides insights on the changing competitive dynamics, which serve as valuable tools for existing market players as well as for entities interested in participating in the market. In addition to the above, the report also delves into the competitive landscape in terms of identifying the universe of players operating in the submarine power cable market and comprehensive profiles of the key players including their business overview, key financials, market shares, market footprints, production capacities, and strategic initiatives including new product developments, mergers & acquisitions, etc. RESEARCH METHODOLOGY The research methodology is a combination of exhaustive primary and secondary research to analyze the submarine power cable market. Secondary Research Secondary research included a search of company literature, technical writing, patent data, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities. Secondary research sources that we referred, but are not limited to: Company websites, presentations, annual reports, white papers, technical papers, product brochures Internal and external proprietary databases and relevant patents National government documents, statistical databases, and market reports News articles, press releases, and webcasts specific to companies operating in the market Specific Secondary Sources: Industry Sources: European Subsea Cables Association International Cable Protection Committee Atlantic Cable Maintenance & Repair Management Trade Data Sources Trade Map UN Comtrade Trade Atlas Company Information OneSource Business Browser Hoover’s Factiva Bloomberg Mergers & Acquisitions Thomson Mergers & Acquisitions MergerStat Profound Primary Research During the course of the research, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research We conducted primary interviews with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions: Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc. Helps in validating and strengthening secondary research findings Further develops the analysis team’s expertise and market understanding Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies Participants who took part in the process include, but are not limited to: Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers Purchasing/Sourcing managers, technical personnel, distributors Outside experts: Investment bankers, valuation experts, and research analysts Key opinion leaders specializing in this market with respect to different industry verticals Primary participants include, but are not limited to: ABB Ltd Nexan SA General Cable Corp. NKT SpA Prysmian Group Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with “Knowledge Repository”, which is updated every quarter submarine power cable market research Market Estimation: Market size estimations involved an in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we used modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates: Demographic Data: population, inflation rates, and others Industry Indicators: production data, R&D investment, technology stage, and infrastructure, sector growth, and facilities Market Forecasting: Market forecasts for various segments are derived by taking into account drivers, restraints/challenges, opportunities prevailing in the market, and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise consumption data are some of the other pivotal factors, which are considered to derive market forecasts. Global Submarine Power Cable Market – Segmentation This study on the global submarine power cable market includes information divided into type, application, and region. Changing industry trends and other market dynamics associated with these segments of the global submarine power cable market are discussed in detail. Type Sing Core Cable Multi Core Cable Application Offshore Wind power Generation Inter-country and Island Connection Offshore Oil Rigs Region North America Europe Asia Pacific Middle East & Africa Latin America Read the full report: https://www.reportlinker.com/p06293239/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________