LONDON--(BUSINESS WIRE)--The offshore wind cable market is expected to grow by USD 655.89 million, progressing at a CAGR of over 7% during the forecast period.

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The growing offshore renewable energy installations is one of the major factors propelling market growth. However, factors such as higher investments needed in offshore projects will hamper market growth.

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Offshore Wind Cable Market: Geographic Landscape

By geography, Europe is going to have a lucrative growth during the forecast period. About 75% of the markets overall growth is expected to originate from Europe. UK, Germany, and France are the key markets for Offshore Wind Cable Market in Europe.

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Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Customer Landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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Global Offshore Wind Cable Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio - Business Wire