The global submarine cables market is anticipated to grow at a CAGR of 5.5% during the forecast period. In July 2022, NTT Ltd., Japan Corp., and PC Landing Corp. announced the launch of the new company, Seren Juno Network Co., Ltd. for constructing and operating “JUNO”, the new trans-Pacific submarine cable system that links the US and Japan. JUNO serves the ever-growing digital economy in the Asia-Pacific region by landing in Japan which is a “Data Hub” located in the mid-point of the US and Asian countries. JUNO introduces the leading-edge SDM (Space Division Multiplexing) technology to enable the 20 optical fiber pairs (40 cores) per cable, whereas the cable with the conventional technology currently carries a maximum of 16 fiber pairs (32 cores). Juno provides the maximum capacity of 350Tbps, the largest among any existing cable systems between the US and Japan.
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Further, in July 2022, Southern Cross Cables announced the launch of its Southern Cross NEXT cable, along with the implementation and testing of 400GbE services across the 15,840km network. The NEXT cable will support Southern Cross’ mission to enable reliable connectivity between the people and communities of Australia, New Zealand and the Pacific Islands to the rest of the world. It will provide submarine fibre connections to Tokelau and Kiribati and reinforce Fiji’s growing role as a digital hub for the Pacific Islands. Southern Cross collaborated with Ciena to successfully commission and test the services error-free as part of the NEXT commissioning processes, paving the way for the introduction of 400GbE services between Sydney, Auckland and Los Angeles.
Global Submarine Cables Market Report by Segment
By Component
- Dry Plant Products
- Wet Plant Products
By Voltage
- Medium Voltage
- High Voltage
- Extra High Voltage
By Application
- Submarine Power Cables
- Submarine Communication Cables
By End-User
- Offshore Wind Power Generation
- Inter-Country & Island Connection
- Offshore Oil & Gas
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Submarine Cables Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- 1X Technologies LLC
- AFL
- Alcatel-Lucent Enterprise
- Apar Industries
- Cablel Hellenic Cables Group
- Corning Inc.
- Hexatronic
- JDR Cable Systems Ltd.
- Jiangsu Hengtong Au Optronics Co.
- NEC Corp.
- NEXANS
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