The submarine power cable market is estimated to be valued at USD 17.11 Bn in 2025 and is expected to reach USD 13.86 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.7% from 2025 to 2032. https://timessquarereporter.com/news/submarine-power-cable-market-anticipated-to-soar-owing-to-offshore-wind-expansion