Global Offshore Wind Cable Market 2017-2021 - MarketResearchNest.com

Global Offshore Wind Cable Market 2017-2021

Description :
About Offshore Wind Cable

The power that is generated by an offshore wind turbine is delivered to an offshore substation with the use of power cables. Depending on the power capacity, the...

Publish Date : 22-Aug-2017

No.Of Pages : 78

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About Offshore Wind Cable

The power that is generated by an offshore wind turbine is delivered to an offshore substation with the use of power cables. Depending on the power capacity, the power is collected from multiple turbines using an inter-array cable. The power from the substation is transported to the mainland grid using an export cable. Depending on the distance and rating of the project, export cables can be either HVAC or HVDC, whereas inter-array cables use majorly AC.

Technavio's analysts forecast the global offshore wind cable market to grow at a CAGR of 16.52% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global offshore wind cable market for 2017-2021. To calculate the market size, the report considers new installations.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Offshore Wind Cable Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ABB
• General Cable
• Nexans
• NKT
• Prysmian
• Sumitomo Electric Industries

Other prominent vendors
• Able UK
• Brugg Cables
• Fujikura
• JDR Cable Systems
• LEONI
• LS Cable and System
• PARKER HANNIFIN
• TPC Wire and Cable

Market driver
• Innovations in the wind industry
• For a full, detailed list, view our report

Market challenge
• Increase in reliability and accidental risk
• For a full, detailed list, view our report

Market trend
• Increase in demand for clean power
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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