The Shipboard Cables Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Shipboard Cables Global Market Report 2024, The shipboard cables market size has grown strongly in recent years. It will grow from $2.58 billion in 2023 to $2.71 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to maritime industry growth, safety and compliance standards, naval modernization and defense spending, increasing vessel electrification, offshore energy exploration.
The shipboard cables market size is expected to see rapid growth in the next few years. It will grow to $4.14 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to renewable energy integration, digitalization and connectivity requirements, adoption of electric propulsion systems, enhanced fire safety features, global trade and shipping activities. Major trends in the forecast period include adoption of lightweight and high-strength materials, integration of smart cabling solutions, rising focus on electromagnetic compatibility (emc), advancements in insulation and jacketing materials, compliance with environmental regulations.
The increase and the expansion of offshore oil & gas plants are driving the shipboard cables market. The expansion of offshore oil & gas plants includes electrification of offshore oil and gas platforms which involves the use of efficient shipboard cables to connect oil platforms to mainland power grids. For instance, in October 2022, Abu Dhabi National Oil Company (ADNOC), a Abu Dhabi-based oil company, has awarded a contract worth $1.53 billion (AED 5.62 billion) for ADNOC Drilling. The contract supports ADNOC's offshore activities and its goal of responsibly increasing production capacity and meeting the growing global demand for reliable, reduced carbon intensity oil and gas. Therefore, the development of offshore oil & gas projects is projected to support the shipboard cables market growth.
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The shipboard cables market covered in this report is segmented –
1) By Type: Fiber-optic Cables, Electric Cables
2) By Voltage: Medium Voltage Cable, Low Voltage Cable
3) By Applications: Marine And Offshore, Oil & Gas And Petrochemical, Other Applications
Major companies operating in the shipboard cable market are developing new products, such as quick ship programs to boost customer offering and increase revenue. A Quick ship program refers to a service or offering provided by a company, typically in manufacturing or retail, to expedite the delivery of specific products or goods to customers. For instance, in October 2023, Siemon, a US-based cable manufacturing company, launched RapidDAC, a quick ship service for its direct attach copper cables (DACs). Siemon aims to make sure that projects demanding 10 racks or more are cost-effective, completed promptly, and aligned with the urgent needs of data center deployments. This commitment to quality and efficiency is exemplified through its innovative RapidDAC program. Siemon's latest quick ship program in North America underscores its ability to deliver 500 DACs, sufficient for 10 standard data center server cabinets, within a span of 5 days or less. Regardless of whether the order is for 50 cables or 500, their agile manufacturing process ensures that DACs are manufactured and shipped within 5 days of order placement.
The shipboard cables market report table of contents includes:
1. Executive Summary
2.Shipboard Cables Market Characteristics
3.Shipboard Cables Market Trends And Strategies
4.Shipboard Cables Market analysis
5.Shipboard Cables Market Size And Growth
6. Shipboard Cables Segmentation
7.Shipboard Cables Regional And Country Analysis
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27.Shipboard Cables Competitive Landscape And Company Profiles
28.Shipboard Cables Key Mergers And Acquisitions
29.Shipboard Cables Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- 3M Company
- Fujitsu Limited
- Eaton Corporation
- Prysmian Group
- TE Connectivity Inc.
- CommScope Holding Company Inc.,
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The Business Research Company published its Shipboard Cables Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global shipboard cables market.
The report covers the shipboard cables market’s segments- by type: fiber-optic cables; electric cables and by applications: marine and offshore; oil & gas and petrochemical; others.View Complete Report: https://www.thebusinessresearchcompany.com/report/shipboard-cables-global-market-report-2020-30-covid-19-impact-and-recoveryShipboard Cables Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The expansion of offshore oil & gas plants includes electrification of offshore oil and gas platforms which involves the use of efficient shipboard cables to connect oil platforms to mainland power grids.Few Points From Table Of Content 1.
Shipboard Cables Market Competitive Landscape And Company Profiles 26.
The global Shipboard Incineration Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the shipboard incineration market include DESARROLLO TÉCNICAS INDUSTRIALES DE GALICIA S.A., Fuente International, ACS, Inc., TeamTec AS, China Deyuan Marine Fitting Co., Ltd., INCINER8 Limited, ECOservice-NEFTEGAZ, Alfa Laval, ATLAS INCINERATORS ApS, Hansun (Shanghai) Marine Technology, and Evac.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Shipboard Incineration Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/shipboard-incineration-market/download-sampleMarket DynamicsThe global shipboard incineration market is anticipated to grow with the marine industry's rapid growth, escalating commercial ships, and stricter legislation about pollution of the sea.
Ban on the discharge of untreated wastewater, sewage, waste oil, and sludge has caused increased use of incinerators.
However, the equipment's cost is high, and considerable shipboard space is required, which may hinder the market growth.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
Shipboard Cables Market:WiseGuyReports.com adds “Shipboard Cables Global Market Report 2020-30” reports to its database.Executive SummaryThe global shipboard cables market was worth $3.61 billion in 2019.
It is expected to grow at a compound annual growth rate (CAGR) of 12.44% and reach $5.77 billion by 2023.The shipboard cables market consists of sales of shipboard cables and related services.
Shipboard cables are used for electrical installations in ships and offshore platforms for the transfer of electric power to electric panels for lighting, control circuits, the transmission of vital instrumentation signals.
They are fire-resistant, flame retardant, low smoke & halogen‐free cables.The shipboard cables market covered in this report is segmented by type into fiber-optic cables, electric cables.
It is also segmented by applications into marine and offshore, oil & gas and petrochemical, others.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5247105-shipboard-cables-global-market-report-2020-30-covidThe increasing cost of raw material hampers the shipboard cables market.
The increase in raw material costs increases the operational expenses and hence increases the price of the end product.
