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Taiwan Marine Cables Market Outlook and Forecast 2024-2030

Taiwan Marine Cables Market Outlook and Forecast 2024-2030

  • Published on : 18 November 2024
  • Pages :205
  • Report Code:SMR-8019235

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Report overview

Taiwan Marine Cables market size was valued at US$ 678.4 million in 2024 and is projected to reach US$ 945.6 million by 2030, at a CAGR of 5.7% during the forecast period 2024-2030.


Specialized cables designed for marine and offshore applications with high water resistance and durability.
The Taiwan Marine Cables market experiences strong growth driven by offshore wind power and marine infrastructure development. Production increased by 35% to meet growing demand. The "Offshore Infrastructure Program" allocated NT$45.6 billion for marine technology. Industry invested US$78.5 million in cable technology improvements. Cable durability enhanced by 40% through new materials. Offshore wind power represents 45% of demand. Submarine telecommunications growing at 35% annually. Future developments include smart monitoring cables with US$34.6 million investment. Export markets account for 70% of production. Quality testing achieved 100% water resistance rates. Local manufacturers supply 55% of regional demand. Research led to 22 new patents in waterproofing technology.

This report contains market size and forecasts of Marine Cables in Taiwan, including the following market information:
•    Taiwan Marine Cables Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    Taiwan Marine Cables Market Sales, 2019-2024, 2024-2030,
•    Taiwan Top five Marine Cables companies in 2023 (%)

Report Includes

This report presents an overview of Taiwan market for Marine Cables , sales, revenue and price. Analyses of the Taiwan market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Marine Cables sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the Taiwan Marine Cables market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Fiber-optic Cables
•    Electric Cables

Segment by Applications

•    Marine and Offshore
•    Oil & Gas and Petrochemical
•    Others

Key Companies covered in this report:

•    Tai-I Electric Wire & Cable Co., Ltd.
•    Walsin Lihwa Corporation
•    Taiwan Cable Connection Corp.
•    Taiwan Wire & Cable Corp.
•    United Copper Foil Taiwan Corporation
•    Shihlin Electric & Engineering Corporation
•    Supreme Cable Co., Ltd.
•    Hsin Yu Cable Co., Ltd.
•    King Full Electronics Co., Ltd.
•    Y.C. Cable Taiwan Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Marine Cables revenues in Taiwann market, 2019-2024 (Estimated), ($ millions)
•    Key companies Marine Cables revenues share in Taiwann market, 2023 (%)
•    Key companies Marine Cables sales in Taiwann market, 2019-2024 (Estimated),
•    Key companies Marine Cables sales share in Taiwann market, 2023 (%)

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    Taiwann Market Analysis: The report includes Taiwann market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Marine Cables Market
•    Overview of the regional outlook of the Marine Cables Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•    Global Marine Cables Market 
•    United States Marine Cables Market 
•    Japan Marine Cables Market 
•    Germany Marine Cables Market 
•    South Korea Marine Cables Market 
•    Indonesia Marine Cables Market 
•    Brazil Marine Cables Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.