DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Submarine Electricity Transmission Systems Market Outlook to 2020 - Market Analysis by Geography, Type, Competitive Landscape and Key Company Information - Growth Trends and Forecasts" report to their offering.
Submarine power transmission has been around for more than a century. Earlier it was widely used for isolated offshore facilities, lighthouses, etc. However, nowadays the usage has become widespread covering offshore wind, longer distance power transmission, network interconnections, increased number of islands connected to mainland grid, HVDC light, etc.
The global focus on environmental issues has led to an increasing demand for submarine cables. For example, governments and power suppliers are supporting renewable energy sources such as off-shore wind power. Also, oil and gas companies are replacing local generation on platforms with power feeding from the mainland.
The focus is now on the power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. All submarine projects have their challenges, whether it is the voltage, power rating, water depth, route length, installation or protection method that requires special attention.
North America leads the submarine electric transmission systems market in both marker demand and number links. Asia-Pacific follows North America in the market demand with decent opportunities available for the Rest of the World.
2. Executive Summary
3. Market Overview
4. Drivers, Constraints & Opportunities
5. Global Submarine Electric Transmission Systems Value Chain Analysis
6. Types of Submarine Cables
7. Global Submarine Electric Transmission Martket Analysis, by Geography
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/jp3ntx/global_submarine