Europe Submarine Power Cable Market By End-Use Forecast (2017-2025)

Year GERMANY DENMARK UNITED KINGDOM NETHERLANDS NORWAY REST OF EUROPE
2017 $ 498.2 $ 173.9 $ 586.7 $ 326.6 $ 452.2 $ 390.8
2018 $ 563.0 $ 190.6 $ 669.5 $ 360.4 $ 507.3 $ 439.6
2019 $ 636.1 $ 208.9 $ 764.3 $ 397.9 $ 569.4 $ 494.8
2020 $ 719.6 $ 229.6 $ 874.4 $ 440.3 $ 640.5 $ 558.0
2021 $ 815.0 $ 252.7 $ 1002.3 $ 488.1 $ 721.8 $ 630.6
2022 $ 923.4 $ 278.4 $ 1149.9 $ 541.5 $ 814.1 $ 713.2
2023 $ 1050.0 $ 308.1 $ 1325.1 $ 603.5 $ 922.4 $ 810.2
2024 $ 1193.3 $ 341.0 $ 1527.1 $ 672.7 $ 1045.1 $ 920.6
2025 $ 1355.6 $ 377.5 $ 1760.3 $ 749.9 $ 1184.4 $ 1046.1
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Europe Submarine Power Cable Market By End-Use Forecast (2017-2025)

Synopsis
The above chart is Global Submarine Power Cable market [2017-2025] Europe by End-Use

Market Dynamics

united kingdom accounted for the largest market share in 2018 in the europe submarine power cable market, and is expected to reach usd 1760.30 million in 2025 from usd 669.50 million in 2018.this market is projected to grow at a cagr of 14.92% during the forecast period from 2019 - 2025. single core segment accounted for the larger market share in 2018, this market is expected to reach usd 4032.30 million in 2025 from usd 1730.90 million in 2018. this market is projected to grow at a cagr of 12.95% during the forecast period from 2019 - 2025. however, multi core segment is the fastest growing market, which is expected to grow at a cagr of 13.71% during the forecast period 2019 - 2025. above 220 kv segment accounted for the largest market share in 2018, this market is expected to reach usd 3158.90 million in 2025 from usd 1189.40 million in 2018. this market is projected to grow at a cagr of 15.08% during the forecast period from 2019 - 2025. however, above 220 kv segment is the fastest growing market, which is expected to grow at a cagr of 15.08% during the forecast period 2019 - 2025. copper segment accounted for the larger market share in 2018, this market is expected to reach usd 3944.80 million in 2025 from usd 1604.20 million in 2018. this market is projected to grow at a cagr of 13.82% during the forecast period from 2019 - 2025. cross linked polyethylene xlpe segment accounted for the larger market share in 2018, this market is expected to reach usd 5236.00 million in 2025 from usd 1866.60 million in 2018. this market is projected to grow at a cagr of 15.84% during the forecast period from 2019 - 2025. however, cross linked polyethylene xlpe segment is the fastest growing market, which is expected to grow at a cagr of 15.84% during the forecast period 2019 - 2025. offshore wind power generation segment accounted for the largest market share in 2018, this market is expected to reach usd 3265.50 million in 2025 from usd 1230.90 million in 2018. this market is projected to grow at a cagr of 15.01% during the forecast period from 2019 - 2025. however, offshore wind power generation segment is the fastest growing market, which is expected to grow at a cagr of 15.01% during the forecast period 2019 - 2025.

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