The Shipboard Cables Global Market Report 2023 by The Business Research Company, provides shipboard cables market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Shipboard Cables Global Market Report 2023, the market size will grow from $2.4 billion in 2022 to $2.53 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global shipboard cables is expected to grow to $3.76 billion in 2027 at a CAGR of 10.4%.
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.
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The shipboard cables market 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
The shipboard cables market report table of contents includes:
1. Executive Summary
2. Shipboard Cables Market Characteristics
3. Shipboard Cables Market – Macro Economic Scenario
4. Shipboard Cables Market Size And Growth
5. Global Shipboard Cables Historic Market, 2017 – 2022, $ Billion
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26. Shipboard Cables Market Competitive Landscape And Company Profiles
27. Key Mergers And Acquisitions In The Shipboard Cables Market
28. Shipboard Cables Market Trends And Strategies
29. Shipboard Cables Market Future Outlook and Potential Analysis
30. Appendi
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