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Submarine cables will usher in explosive growth
in the coming period.
Domestically, on the one hand, with the advancement of the strategy of marine development, the demand for offshore wind power, oil drilling, and natural gas platforms has grown rapidly; On the other hand, tens of thousands of kilometers of submarine communication cables that have been laid in China have small capacity, poor anti-interference, and too long use time, the demand for upgrading and replacing submarine optical cables is increasing
.
Globally, Navigant Research data shows that the number of global submarine cable system installations will rise from 110 in 2013 to 304 in 2023, with a market size of tens of billions of yuan, and fewer participants (a few manufacturers such as Prysmian).
With high barriers and high gross margins, submarine cables ushered in an inflection point
of outbreak.
The harshness of the deep-sea environment determines that the requirements for submarine devices, optical cables, equipment and engineering are extremely high, and the gross profit margin of related products is very high
.
Submarine cables will usher in explosive growth
in the coming period.
Domestically, on the one hand, with the advancement of the strategy of marine development, the demand for offshore wind power, oil drilling, and natural gas platforms has grown rapidly; On the other hand, tens of thousands of kilometers of submarine communication cables that have been laid in China have small capacity, poor anti-interference, and too long use time, the demand for upgrading and replacing submarine optical cables is increasing
.
Globally, Navigant Research data shows that the number of global submarine cable system installations will rise from 110 in 2013 to 304 in 2023, with a market size of tens of billions of yuan, and fewer participants (a few manufacturers such as Prysmian).
With high barriers and high gross margins, submarine cables ushered in an inflection point
of outbreak.
The harshness of the deep-sea environment determines that the requirements for submarine devices, optical cables, equipment and engineering are extremely high, and the gross profit margin of related products is very high
.
