2019-2024 global submarine communication cable annual compound increase of 6.12%
World Undersea Communication Cable Map 2019
In the report, the submarine communication cable market is divided into regional markets such as North America, Asia Pacific, Europe, Middle East and Africa, and South America. Among them, the Asia Pacific region will become the regional market with the greatest demand during the forecast period.
The report also pointed out that the high cost and high technical requirements of submarine communication cables are also factors that can not be ignored in the development of this market.
From the perspective of submarine communication cable manufacturers, Prysmian (including the acquired universal cable), Nexans, Sumitomo Electric, Furukawa Electric, LS Cable, and Ankaite Cable will become the world's leading manufacturers. From the perspective of regional markets, Hengtong Optoelectronics and Zhongtian Technology will also become important regional submarine communication cable manufacturers and are actively participating in international competition.
From the perspective of submarine communication cable laying, Japan NEC, Nokia Alcatel Submarine Network and Tyco Electronics subsidiary TE SubCom dominate the global submarine communication cable laying market, and Huawei's marine market share is less than 10%. Among them, Nokia is seeking new buyers for the Alcatel submarine network, Huawei is also in contact with companies such as Hengtong Optoelectronics, trying to divest Huawei Ocean.
From the current market point of view, TeleGeography, which is responsible for drawing the 2019 version of the World Undersea Communication Cable Map, said that during the period 2016-2020, a total of 107 submarine cable systems were deployed worldwide, with a total length of more than 400,000 kilometers and a total value of more than $13.8 billion.
Source: Cable Network
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