Global Market Insights
Offshore Wind Cables Manufacturing and Installation Forecast 2019 - 2029
This report shows a huge opportunity for manufacturers, suppliers and other companies involved in producing and installing offshore wind power cables in the next five years: Key figures include:
Global offshore wind capacity will skyrocket from 20.5GW today to over 55GW in 2024
The global market for cables will grow by 57% from £717m this year to over £1,130m by 2023
Over 9,600km of array cables and 6,750km of export cables are needed, respectively, between 2020 and 2024
Under 25% of the cables required have been contracted to date - the opportunities are huge!
Take the time to complete the form below for access to a summary of this report.
Attend Cables 2019 on 29 - 30 October in Aberdeen and pick up a free printed copy of this report. Book here
For more detailed forecasts and other vital market intelligence on the offshore wind cables industry you can purchase this exciting new report powered by RenewableUK's Project Intelligence Hub from our online bookstore.