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

Year CHINA INDONESIA JAPAN MALAYSIA REST OF ASIA PACIFIC
2017 $ 601.8 $ 253.8 $ 373.8 $ 161.2 $ 456.5
2018 $ 685.6 $ 277.3 $ 413.2 $ 174.6 $ 503.2
2019 $ 780.6 $ 303.0 $ 457.0 $ 189.1 $ 554.9
2020 $ 889.9 $ 331.9 $ 506.4 $ 205.3 $ 613.2
2021 $ 1015.7 $ 364.3 $ 562.3 $ 223.3 $ 679.0
2022 $ 1159.4 $ 400.1 $ 624.9 $ 243.1 $ 752.5
2023 $ 1328.2 $ 441.4 $ 697.5 $ 265.8 $ 837.7
2024 $ 1520.7 $ 487.0 $ 778.7 $ 290.7 $ 932.6
2025 $ 1740.3 $ 537.5 $ 869.5 $ 317.9 $ 1038.4
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Asia Pacific Submarine Power Cable Market By End-Use Forecast (2017-2025)

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

Market Dynamics

china accounted for the largest market share in 2018 in the asia pacific submarine power cable market, and is expected to reach usd 1740.30 million in 2025 from usd 685.60 million in 2018.this market is projected to grow at a cagr of 14.30% during the forecast period from 2019 - 2025. copper segment accounted for the larger market share in 2018, this market is expected to reach usd 2735.70 million in 2025 from usd 1205.00 million in 2018. this market is projected to grow at a cagr of 12.53% 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 2801.70 million in 2025 from usd 1297.20 million in 2018. this market is projected to grow at a cagr of 11.73% 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 12.38% 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 2095.70 million in 2025 from usd 862.80 million in 2018. this market is projected to grow at a cagr of 13.62% 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 13.62% 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 2184.40 million in 2025 from usd 896.10 million in 2018. this market is projected to grow at a cagr of 13.63% 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 13.63% during the forecast period 2019 - 2025. cross linked polyethylene xlpe segment accounted for the larger market share in 2018, this market is expected to reach usd 3592.80 million in 2025 from usd 1395.00 million in 2018. this market is projected to grow at a cagr of 14.45% 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 14.45% during the forecast period 2019 - 2025.

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