Shipboard Cables Market Size, Demand, Growth, Analysis and Forecast to 2030


The Business Research Company’s latest report Shipboard Cables Global Market Report 2020 covers Shipboard Cables market drivers, Shipboard Cables market trends, Shipboard Cables market segments, Shipboard Cables market growth rate, Shipboard Cables market major players, and Shipboard Cables market size. The report provides in-depth analysis of the impact of COVID-19 on the Shipboard Cables industry, along with revised market numbers due to the effects of the coronavirus.


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Shipboard Cables Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global shipboard cables market was worth $3.61 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 12.44% and reach $5.77 billion by 2023. The increase and expansion of offshore oil & gas plants is 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.

 

The report covers the Shipboard Cables market’s segments-

1) By Type: Fiber-optic Cables, Electric Cables

2) By Applications: Marine And Offshore, Oil & Gas And Petrochemical, Others.

 

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