PUBLISHER: TechNavio | PRODUCT CODE: 1657224
PUBLISHER: TechNavio | PRODUCT CODE: 1657224
The cable laying vessel market is forecasted to grow by USD 998.3 million during 2024-2029, accelerating at a CAGR of 5.1% during the forecast period. The report on the cable laying vessel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of offshore wind capacity, growth of subsea communication networks, and development of offshore grid systems.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 3.8% |
CAGR | 5.1% |
Incremental Value | $998.3 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's cable laying vessel market is segmented as below:
By Type
By End-user
By Geographical Landscape
This study identifies the growing use of hybrid cable laying vessels as one of the prime reasons driving the cable laying vessel market growth during the next few years. Also, emphasis on fleet expansion and modernization and advancements in installation technology will lead to sizable demand in the market.
The report on the cable laying vessel market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cable laying vessel market vendors that include Boskalis, Fincantieri Spa, Jan De Nul, Kongsberg Gruppen ASA, PaxOcean, Royal IHC, Ulstein Group ASA, Van Oord nv, and Vouvray Acquisition Ltd.. Also, the cable laying vessel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.