According to our (Global Info Research) latest study, the global Composite Submarine Cables market size was valued at US$ 5377 million in 2025 and is forecast to a readjusted size of US$ 14043 million by 2032 with a CAGR of 14.6% during review period.
In 2025, global Composite Submarine Cables production reached approximately 13,000 kilometer with an average global market price of around k US$400 per km. Single-line annual production capacity averages 650 km with a gross margin of approximately 25%. The upstream of the composite submarine cable industry primarily consists of the production of specialized optical fibers, power conductors, and corrosion-resistant materials, which are concentrated in the high-tech materials sector. Downstream applications see offshore oil fields accounting for approximately 40% of the consumption, wind farms occupying about 30%, and the remaining 30% is attributed to other marine engineering and scientific research areas. Currently, market demand for composite submarine cables is experiencing continuous growth, especially with the development of offshore renewable energy projects, where these cables are poised to play a significant role in the deployment in deep-sea oil and gas exploration and distant offshore wind farms, presenting substantial business opportunities.
From an industry-insider's perspective, composite submarine cables represent a convergence of optical fibers and electrical conductors within a single, robust structure, designed to transmit both power and data across oceanic environments. These cables serve as the lifelines of modern underwater communication and power distribution systems, providing enhanced reliability and efficiency through their integrated design. By combining the strengths of both optical and electrical technologies, they offer improved performance in terms of data transmission rates, power delivery capabilities, and overall system resilience, which is critical for maintaining connectivity and energy supply in the vast and challenging underwater domain.
With the continuous advancement of technology and the growing demand for the construction of a global energy internet, the composite submarine cables industry is poised to witness a series of notable development trends. It is anticipated that there will be technological innovation, particularly in material science, which will enhance cable performance. The level of intelligence will also increase, integrating self-monitoring systems that allow for real-time tracking of operational conditions. Environmental protection and sustainability will become buzzwords in the industry, aiming to reduce the impact on marine ecosystems and improve material recyclability. The expansion of deep-sea applications will drive the need for cables that are more pressure-resistant and durable, catering to the exploitation of deep-sea resources. Moreover, the rise of offshore wind farms will boost the application of composite submarine cables in connecting these energy facilities to onshore power grids. The refinement of standards and specifications will ensure product quality and safety, promoting market globalization and international cooperation. Market globalization will bring about fiercer competition, while also prompting companies to optimize costs and enhance comprehensive service capabilities, thus meeting clients' one-stop needs from design to maintenance. These combined factors are driving the composite submarine cables industry towards higher standards and deeper levels of application.
This report is a detailed and comprehensive analysis for global Composite Submarine Cables market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Composite Submarine Cables market size and forecasts, in consumption value ($ Million), sales quantity (K Meter), and average selling prices (K US$/Meter), 2021-2032
Global Composite Submarine Cables market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Meter), and average selling prices (K US$/Meter), 2021-2032
Global Composite Submarine Cables market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Meter), and average selling prices (K US$/Meter), 2021-2032
Global Composite Submarine Cables market shares of main players, shipments in revenue ($ Million), sales quantity (K Meter), and ASP (K US$/Meter), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Composite Submarine Cables
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Composite Submarine Cables market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Prysmian, Nexans, Sumitomo Electric, Furukawa, NKT, TFKable, KEI Industries, NSW, ABB, LS Cable & System, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Composite Submarine Cables market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Array Cable
Export Cable
Market segment by Voltage
Low Voltage Electric Cable
High Voltage Electric Cable
Market segment by Cable Core Quantity
Three-core Cable
Single core Cable
Market segment by Application
Undersea Communications Networks
Seabed Observation and Monitoring
Marine Energy Development
Others
Major players covered
Prysmian
Nexans
Sumitomo Electric
Furukawa
NKT
TFKable
KEI Industries
NSW
ABB
LS Cable & System
JDR
Hellenic Cables
Jiangsu Zhongtian Technology
Ningbo Orient Wires & Cables
Jiangsu Hengtong Optic-Electric
Wanda Cable Group
Qingdao Hanhe Cable
Jiangsu TGG
Hubei Yangtze Optical Fibre and Cable
Baosheng(Shandong)Cable
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Composite Submarine Cables product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Composite Submarine Cables, with price, sales quantity, revenue, and global market share of Composite Submarine Cables from 2021 to 2026.
Chapter 3, the Composite Submarine Cables competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Composite Submarine Cables breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Composite Submarine Cables market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Composite Submarine Cables.
Chapter 14 and 15, to describe Composite Submarine Cables sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Composite Submarine Cables. Industry analysis & Market Report on Composite Submarine Cables is a syndicated market report, published as Global Composite Submarine Cables Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Composite Submarine Cables market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.