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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