Please Wait.....
Report
Middle East & Africa Submarine Power Cable Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type (Multicore and Single Core), Conductor Material (Copper and Aluminum), Voltage (High Voltage and Medium Voltage), and Application (Offshore Oil and Gas, Offshore Wind Power, and Inter-Country & Island Connection)
Market Report I 2023-02-20 I 125 Pages I The Insight Partners
The Middle East & Africa submarine power cable market is expected to grow from US$ 164.24 million in 2021 to US$ 242.29 million by 2028. It is estimated to grow at a CAGR of 5.7% from 2021 to 2028.
Rise in Development of Underwater Data Center is Driving the Middle East & Africa Submarine Power Cable Market
Underwater data centers have been gaining momentum over the years owing to various factors such as lack of space above the ground, increased effectiveness due to fewer failures, and serving a larger section of people at a lower cost. These factors have increased the investment on underwater data centers. Two type of submarine cables are used in these data centers that is one for transferring data and the other are power cables for powering the whole data center and its operations under the sea. These factors are expected to increase the demand for subsea cable systems, thereby creating lucrative demand for submarine power cables for powering the whole data center operations below the sea, thereby contributing to the growth of the Middle East & Africa submarine power cable market .
Middle East & Africa Submarine Power Cable Market Overview
The Middle East & Africa submarine power cable market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East and Africa. The oil and gas landscape in the Middle East has changed dramatically in recent years with investments in a wider range of projects, including LNG and technical offshore projects. This trend is expected to continue in the coming years with a projected offshore exploration spending of fivefold by 2025. A few of the major projects ongoing across the region include the enhancement of the production capacity of Zakum in Abu Dhabi, and Abu Dhabi Northwest Development - Hail and Ghasha Sour Gas. Such a rise in investments in offshore oil and gas plants is expected to trigger the demand for submarine power cable systems across the Middle East & Africa.
Samsung C&T Corporation has given Sumitomo Electric Industries, Ltd. a limited notice to proceed (LNTP) to supply a high-voltage direct current (HVDC) cable to Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates (UAE). Sumitomo Electric's state-of-the-art 400 kV DC Cross-Linked Polyethylene (XLPE) cable technology was used to build the Middle East's first submarine HVDC network (route length of approximately 140 km). By 2050, the United Arab Emirates has set a national objective of zero greenhouse gas emissions (Net-zero by 2050 Strategic Initiative). This project intends to produce a considerable decrease in CO2 emissions by supplying sustainable power from the mainland via the HVDC transmission infrastructure connecting the UAE mainland with Das Island in the Persian Gulf, in accordance with the plan.
Middle East & Africa Submarine power cable Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Submarine power cable Market Segmentation
The Middle East & Africa submarine power cable market is segmented into type, conductor material, voltage, application, and country.
Based on type, the Middle East & Africa submarine power cable market is bifurcated into multicore, single core. The single core segment accounted for the highest share in the Middle East & Africa submarine power cable market in 2021.
Based on conductor material, the Middle East & Africa submarine power cable market is segmented into copper and Aluminum. The copper segment accounted for the highest share in the Middle East & Africa market in 2021.
Based on voltage, the Middle East & Africa submarine power cable market is segmented into high voltage, and medium voltage. The high voltage accounted for a higher share in the Middle East & Africa submarine power cable market in 2021.
Based on application, the Middle East & Africa submarine power cable market is segmented into offshore oil and gas, offshore wind power, inter-country and island connection, and others. The offshore wind power segment accounted for the highest share in the submarine power cable Middle East & Africa market in 2021.
Based on country, the Middle East & Africa submarine power cable market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa submarine power cable market share in 2021.
Sumitomo Electric Industries Ltd; FURUKAWA ELECTRIC CO. LTD; HENGTONG GROUP CO. LTD; KEI Industries Limited; LS Cable & System Ltd; Hydro Group Plc; and ZT International Ltd are the leading companies operating in the Middle East & Africa submarine power cable market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. MEA Submarine Power Cable Market- Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Submarine Power Cable Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Submarine Power Cable Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Investment on Offshore Wind Energy Plants
5.1.2 Rise in Cross Country Submarine Connections for Power Transmission
5.2 Market Restraints
5.2.1 Longer Life Span of Submarine Power Cable
5.3 Market Opportunities
5.3.1 Future Opportunities for Submarine Power Cable Market
5.4 Future Trends
5.4.1 Rise in Development of Underwater Data Center
5.5 Impact Analysis of Drivers and Restraints
6. Submarine Power Cable Market - MEA Market Analysis
6.1 MEA Submarine Power Cable Market Forecast and Analysis
7. MEA Submarine Power Cable Market Analysis - By Type
7.1 Overview
7.2 MEA Submarine Power Cable Market Breakdown, by Type, 2020 and 2028
7.3 Multicore
7.3.1 Overview
7.3.2 Multicore: MEA Submarine Power Cable Market Revenue and Forecast to 2028 (US$ Million)
7.4 Single Core
7.4.1 Overview
7.4.2 Single Core: MEA Submarine Power Cable Market Revenue and Forecast to 2028 (US$ Million)
8. MEA Submarine Power Cable Market Analysis - By Conductor Material
8.1 Overview
8.2 MEA Submarine Power Cable Market, by Conductor Material (2020 and 2028)
8.3 Copper
8.3.1 Overview
8.3.2 Copper: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Aluminum
8.4.1 Overview
8.4.2 Aluminium: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
9. MEA Submarine Power Cable Market Analysis - By Voltage
9.1 Overview
9.2 MEA Submarine Power Cable Market, by Voltage (2020 and 2028)
9.3 High Voltage
9.3.1 Overview
9.3.2 High Voltage: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Medium Voltage
9.4.1 Overview
9.4.2 Medium Voltage: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
10. MEA Submarine Power Cable Market Analysis - By Application
10.1 Overview
10.2 MEA Submarine Power Cable Market, by Application (2020 and 2028)
10.3 Offshore Oil and Gas
10.3.1 Overview
10.3.2 Offshore Oil and Gas: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Offshore Wind Power
10.4.1 Overview
10.4.2 Offshore Wind Power: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Inter-Country and Island Connection
10.5.1 Overview
10.5.2 Inter-Country and Island Connection: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
11. MEA Submarine Power Cable Market - Country Analysis
11.1 Overview
11.1.1 MEA: Submarine Power Cable Market, by Key Country
11.1.1.1 Saudi Arabia: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Saudi Arabia: Submarine Power Cable Market, By Type
11.1.1.1.2 Saudi Arabia: Submarine Power Cable Market, by Conductor Material
11.1.1.1.3 Saudi Arabia: Submarine Power Cable Market, by Voltage
11.1.1.1.3.1 Saudi Arabia: Submarine Power Cable Market, by High Voltage
11.1.1.1.3.2 Saudi Arabia: Submarine Power Cable Market, by Medium Voltage
11.1.1.1.4 Saudi Arabia: Submarine Power Cable Market, by Application
11.1.1.2 UAE: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 UAE: Submarine Power Cable Market, By Type
11.1.1.2.2 UAE: Submarine Power Cable Market, by Conductor Material
11.1.1.2.3 UAE: Submarine Power Cable Market, by Voltage
11.1.1.2.3.1 UAE: Submarine Power Cable Market, by High Voltage
11.1.1.2.3.2 UAE: Submarine Power Cable Market, by Medium Voltage
11.1.1.2.4 UAE: Submarine Power Cable Market, by Application
11.1.1.3 South Africa: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 South Africa: Submarine Power Cable Market, By Type
11.1.1.3.2 South Africa: Submarine Power Cable Market, by Conductor Material
11.1.1.3.3 South Africa: Submarine Power Cable Market, by Voltage
11.1.1.3.3.1 South Africa: Submarine Power Cable Market, by High Voltage
11.1.1.3.3.2 South Africa: Submarine Power Cable Market, by Medium Voltage
11.1.1.3.4 South Africa: Submarine Power Cable Market, by Application
11.1.1.4 Rest of MEA: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA: Submarine Power Cable Market, By Type
11.1.1.4.2 Rest of MEA: Submarine Power Cable Market, by Conductor Material
11.1.1.4.3 Rest of MEA: Submarine Power Cable Market, by Voltage
11.1.1.4.3.1 Rest of MEA: Submarine Power Cable Market, by High Voltage
11.1.1.4.3.2 Rest of MEA: Submarine Power Cable Market, by Medium Voltage
11.1.1.4.4 Rest of MEA: Submarine Power Cable Market, by Application
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 TZT International Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Hydro Group
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 LS Cable & System Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 KEI Industries Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Sumitomo Electric Industries, Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 FURUKAWA ELECTRIC CO., LTD.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 NKT A/S
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 HENGTONG GROUP CO.,LTD.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. MEA Submarine Power Cable Market Revenue and Forecasts to 2028 (US$ Mn)
Table 2. MEA: Submarine Power Cable Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. Saudi Arabia: Submarine Power Cable Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia: Submarine Power Cable Market, by Conductor Material - Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia: Submarine Power Cable Market, by Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia: Submarine Power Cable Market, by High Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Submarine Power Cable Market, by Medium Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Submarine Power Cable Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE: Submarine Power Cable Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE: Submarine Power Cable Market, by Conductor Material - Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE: Submarine Power Cable Market, by Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE: Submarine Power Cable Market, by High Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE: Submarine Power Cable Market, by Medium Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 14. UAE: Submarine Power Cable Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. South Africa: Submarine Power Cable Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 16. South Africa: Submarine Power Cable Market, by Conductor Material - Revenue and Forecast to 2028 (US$ Million)
Table 17. South Africa: Submarine Power Cable Market, by Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 18. South Africa: Submarine Power Cable Market, by High Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 19. South Africa: Submarine Power Cable Market, by Medium Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 20. South Africa: Submarine Power Cable Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of MEA: Submarine Power Cable Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of MEA: Submarine Power Cable Market, by Conductor Material - Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of MEA: Submarine Power Cable Market, by Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of MEA: Submarine Power Cable Market, by High Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of MEA: Submarine Power Cable Market, by Medium Voltage - Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of MEA: Submarine Power Cable Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 27. Glossary of terms, MEA Submarine Power Cable Market
LIST OF FIGURES
Figure 1. MEA Submarine Power Cable Market Segmentation
Figure 2. MEA Submarine Power Cable Market Segmentation - By Country
Figure 3. MEA Submarine Power Cable Market Overview
Figure 4. Single Core Held the Highest Share in MEA Submarine Power Cable Market in 2020
Figure 5. MEA Submarine Power Cable Market, by Country
Figure 6. MEA - PEST Analysis
Figure 7. MEA Submarine Power Cable Market - Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. MEA Submarine Power Cable Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA Submarine Power Cable Market Forecast and Analysis, (US$ Mn)
Figure 11. MEA Submarine Power Cable Market Revenue Share, by Type (2020 and 2028)
Figure 12. Multicore: MEA Submarine Power Cable Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Single Core: MEA Submarine Power Cable Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Submarine Power Cable Market Revenue Share, by Conductor Material (2020 and 2028)
Figure 15. Copper: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Ground: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Submarine Power Cable Market Revenue Share, by Voltage (2020 and 2028)
Figure 18. High Voltage: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Medium Voltage: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Submarine Power Cable Market Revenue Share, by Configuration (2020 and 2028)
Figure 21. Offshore Oil and Gas: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Offshore Wind Power: MEA Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Inter-Country and Island Connection: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA: Submarine Power Cable Market, by Key Country - Revenue (2020) (US$ Million)
Figure 25. MEA: Submarine Power Cable Market Revenue Share, by Key Country (2020 & 2028)
Figure 26. Saudi Arabia: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. UAE: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. South Africa: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of MEA: Submarine Power Cable Market - Revenue and Forecast to 2028 (US$ Million)
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security