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Shipboard Cables Global Market Report 2023 – By Type (Fiberoptic Cables, Electric Cables), By Voltage (Medium Voltage Cable, Low Voltage Cable), By Applications (Marine And Offshore, Oil & Gas And Petrochemical) – Market Size, Trends, And Global Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | SKU CODE : r984 | Delivery Time: 2-3 business days | Format :


Shipboard cables are defined as cables used for electrical installations in ships and offshore platforms for the transfer of electric power to electric panels for lighting, control circuits, and the transmission of vital instrumentation signals. They are fire-resistant, flame retardant, low smoke & halogen-free cables.

The main types of shipboard cables are fiber-optic cables and electric cables. A fiber-optic cable, also known as an optical fiber cable, is a cable that looks like an electrical wire but contains one or more optical fibers for light transmission. The various voltages involved are medium voltage cable and low voltage cable. The different applications include marine and offshore, oil & gas and petrochemical, and others.

The shipboard cables market research report is one of a series of new reports from The Business Research Company that provides shipboard cables market statistics, including shipboard cables industry global market size, regional shares, competitors with a shipboard cables market share, detailed shipboard cables market segments, market trends and opportunities, and any further data you may need to thrive in the shipboard cables industry. This shipboard cables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global shipboard cables market will grow from $2.4 billion in 2022 to $2.53 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global shipboard cables market is expected to grow to $3.76 billion in 2027 at a CAGR of 10.4%.

The increase and the expansion of offshore oil & gas plants are 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. For instance, in October 2022, Abu Dhabi National Oil Company (ADNOC), a Abu Dhabi-based oil company, has awarded a contract worth $1.53 billion (AED 5.62 billion) for ADNOC Drilling. The contract supports ADNOC's offshore activities and its goal of responsibly increasing production capacity and meeting the growing global demand for reliable, reduced carbon intensity oil and gas. Therefore, the development of offshore oil & gas projects is projected to support the growth of the shipboard cables market.

The increasing cost of raw materials hampers the shipboard cables market. The increase in raw material costs increases the operational expenses and hence increases the price of the end product. For instance, in May 2021, according to an article published by knoema, a US-based data technology company, On May 9, copper prices reached an all-time high of $10,512 per metric tonne, representing a 130% increase since March 22, 2020. The rise in copper prices thereby increases the manufacturing cost and hence restrains the growth of the market.

Major players in the shipboard cables market are Eaton Corporation, Fujitsu Limited, Belden, SAB Cable, FSC Global, Belcom Cables Ltd., Leoni AG, Eland Cables, Nuhas Oman, and Cable Source Pte Ltd.

The Asia-Pacific was the largest region in the shipboard cables market in 2022. North America is the second-largest region in the global insulated cables market. The regions covered in the global shipboard cables market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the shipboard cables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The shipboard cables market consists of sales of electric shipboard cables and fiber optic shipboard cables. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global shipboard cables market is segmented -

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

2) By Voltage: Medium Voltage Cable, Low Voltage Cable

3) By Applications: Marine And Offshore, Oil & Gas And Petrochemical, Other Applications

    Table Of Contents

    1. Executive Summary

    2. Shipboard Cables Market Characteristics

    3. Shipboard Cables Market – Macro Economic Scenario

    3.1 COVID-19 Impact On Shipboard Cables Market

    3.2 Ukraine-Russia War Impact On Shipboard Cables Market

    3.3 Impact Of High Inflation On Shipboard Cables Market

    4. Shipboard Cables Market Size And Growth

    4.1. Global Shipboard Cables Historic Market, 2017 - 2022, $ Billion

    4.1.1. Drivers Of The Market

    4.1.2. Restraints On The Market

    4.2. Global Shipboard Cables Forecast Market, 2022 - 2027F, 2032F, $ Billion

    4.2.1. Drivers Of The Market

    4.2.2. Restraints On the Market

    5. Shipboard Cables Market Segmentation

    5.1. Global Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Fiber-optic Cables

    Electric Cables

    5.2. Global Shipboard Cables Market, Segmentation By Voltage, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Medium Voltage Cable

    Low Voltage Cable

    5.3. Global Shipboard Cables Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Marine And Offshore

    Oil & Gas And Petrochemical

    Other Applications

    6. Shipboard Cables Market Regional And Country Analysis

    6.1. Global Shipboard Cables Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    6.2. Global Shipboard Cables Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    7. Asia-Pacific Shipboard Cables Market

    7.1. Asia-Pacific Shipboard Cables Market Overview

    7.2. Asia-Pacific Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    8. China Shipboard Cables Market

    8.1. China Shipboard Cables Market Overview

    8.2. China Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion

    9. India Shipboard Cables Market

    9.1. India Shipboard Cables Market Overview

    9.2. India Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    10. Japan Shipboard Cables Market

    10.1. Japan Shipboard Cables Market Overview

    10.2. Japan Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    11. Australia Shipboard Cables Market

    11.1. Australia Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    12. Indonesia Shipboard Cables Market

    12.1. Indonesia Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    13. South Korea Shipboard Cables Market

    13.1. South Korea Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    14. Western Europe Shipboard Cables Market

    14.1. Western Europe Shipboard Cables Market Overview

    14.2. Western Europe Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    15. UK Shipboard Cables Market

    15.1. UK Shipboard Cables Market Overview

    15.2. UK Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    16. Germany Shipboard Cables Market

    16.1. Germany Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    17. France Shipboard Cables Market

    17.3. France Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    18. Eastern Europe Shipboard Cables Market

    18.1. Eastern Europe Shipboard Cables Market Overview

    18.2. Eastern Europe Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    19. Russia Shipboard Cables Market

    19.1. Russia Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    20. North America Shipboard Cables Market

    20.1. North America Shipboard Cables Market Overview

    20.2. North America Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    21. USA Shipboard Cables Market

    21.1. USA Shipboard Cables Market Overview

    21.2. USA Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    22. South America Shipboard Cables Market

    22.1. South America Shipboard Cables Market Overview

    22.2. South America Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    23. Brazil Shipboard Cables Market

    23.1. Brazil Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    24. Middle East Shipboard Cables Market

    24.1. Middle East Shipboard Cables Market Overview

    24.2. Middle East Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    25. Africa Shipboard Cables Market

    25.1. Africa Shipboard Cables Market Overview

    25.2. Africa Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    26. Shipboard Cables Market Competitive Landscape And Company Profiles

    26.1. Shipboard Cables Market Competitive Landscape

    26.2. Shipboard Cables Market Company Profiles

    26.2.1. Eaton Corporation

    26.2.1.1. Overview

    26.2.1.2. Products and Services

    26.2.1.3. Strategy

    26.2.1.4. Financial Performance

    26.2.2. Fujitsu Limited

    26.2.2.1. Overview

    26.2.2.2. Products and Services

    26.2.2.3. Strategy

    26.2.2.4. Financial Performance

    26.2.3. Belden

    26.2.3.1. Overview

    26.2.3.2. Products and Services

    26.2.3.3. Strategy

    26.2.3.4. Financial Performance

    26.2.4. SAB Cable

    26.2.4.1. Overview

    26.2.4.2. Products and Services

    26.2.4.3. Strategy

    26.2.4.4. Financial Performance

    26.2.5. FSC Global

    26.2.5.1. Overview

    26.2.5.2. Products and Services

    26.2.5.3. Strategy

    26.2.5.4. Financial Performance

    27. Key Mergers And Acquisitions In The Shipboard Cables Market

    28. Shipboard Cables Market Trends And Strategies

    29. Shipboard Cables Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Table 3: Global Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 4: Global Shipboard Cables Market, Segmentation By Voltage, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 5: Global Shipboard Cables Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 6: Global Shipboard Cables Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 7: Global Shipboard Cables Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 9: China, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 10: India, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 11: Japan, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 12: Australia, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 13: Indonesia, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 14: South Korea, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 15: Western Europe, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 16: UK, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 17: Germany, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 18: France, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 20: Russia, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 21: North America, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 22: USA, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 23: South America, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 24: Brazil, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 25: Middle East, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 26: Africa, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 27: Eaton Corporation Financial Performance
  • Table 28: Fujitsu Limited Financial Performance
  • Table 29: Belden Financial Performance
  • Table 30: SAB Cable Financial Performance
  • Table 31: FSC Global Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 3: Global Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 4: Global Shipboard Cables Market, Segmentation By Voltage, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 5: Global Shipboard Cables Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 6: Global Shipboard Cables Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 7: Global Shipboard Cables Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 9: China, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 10: India, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 11: Japan, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 12: Australia, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 14: South Korea, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 16: UK, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 17: Germany, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 18: France, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 20: Russia, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 21: North America, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 22: USA, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 23: South America, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 24: Brazil, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 25: Middle East, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 26: Africa, Shipboard Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 27: Eaton Corporation Financial Performance
  • Figure 28: Fujitsu Limited Financial Performance
  • Figure 29: Belden Financial Performance
  • Figure 30: SAB Cable Financial Performance
  • Figure 31: FSC Global Financial Performance
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