A Complete Study of Submarine Cable Industry in Japan from 2024 to 2034

Demand for submarine cable in Japan is anticipated to exhibit a CAGR of 5.6% through 2034. Submarine cable sales in Japan is expected to grow considerably, from US$ 238.8 million in 2024 to around US$ 410.3 million by 2034.

Attributes Key Statistics
Expected Base Year Value (2024) US$ 238.8 million
Anticipated Forecast Value (2034) US$ 410.3 million
Estimated Growth (2024 to 2034) 5.6% CAGR

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Key Highlights

Submarine Cable Plays an Important Role in Connecting Japan to the Rest of the World

Japan, as a country, is geographically blessed to be situated at the confluence of two massive continents: Asia and North America. Surrounded by water, the country heavily relies on submarine cable to establish vital international connectivity. These undersea cables act as the lifelines of global communications, transmitting vast amounts of data across borders.

The significance of submarine cable in Japan's economy has experienced a significant rise in the last few decades. The connectivity achieved through these wires is critical for various sectors, including finance, trade, research, and technology. Apart from these, submarine cable finds applications for various purposes such as transmitting power to oil rigs and carrying power generated from offshore wind farms to power stations, among others.

Consumption Analysis of Submarine Cable in Japan

  • Telecommunication service providers form one of the largest consumer groups in the Japan submarine cable industry. They use these cables to establish high-speed, reliable international connectivity for voice and data transmission.
  • Internet Service Providers (ISPs), who play a crucial role in delivering internet services to businesses and households, are also significant users of submarine cable in Japan. These cables enable them to connect to global networks, ensuring fast and stable internet access for end-users.
  • The financial sector in Japan heavily relies on secure and high-speed data transmission for activities such as online trading, financial transactions, and real-time market data.
  • The government of Japan also uses submarine cable for secure communication, diplomatic exchanges, and to support defense and national security initiatives. These cables are crucial for maintaining secure and confidential communication channels.
  • Data centers in Japan utilize submarine cable to connect with international data hubs, ensuring the efficient transfer of large volumes of data.
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Sudip Saha

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Comparative View of Submarine Cable in Key Markets

The table provides the differences in the adoption patterns of submarine cable in Japan, Korea, and the global industry. It also includes the estimated growth rates of the respective industries, their growth factors, and critical challenges in the forecast period from 2024 to 2034. It is evident that, compared with Korea and the rest of the world, the submarine cable industry is likely to soar in Japan in the coming decade.

Demand for Submarine Cable in Japan:

Attributes Demand for Submarine Cable in Japan
CAGR (2024 to 2034) 5.6%
Valuation (2024) US$ 238.8 million
Growth Factor Increasing demand for high-speed connectivity has fueled a growing need for submarine cable infrastructure
Key Challenge Tsunamis and earthquakes are the biggest hurdle in maintaining the connectivity

Demand for Submarine Cable in Korea:

Attributes Demand for Submarine Cable in Korea
CAGR (2024 to 2034) 2.8%
Valuation (2024) US$ 100.6 million
Growth Factor The adoption of 5G network has significantly increased the demand, as it necessitates robust connectivity
Key Challenge Submarine cable causes potential damage to marine ecosystems and disturbance to underwater habitats.

Global Submarine Cable Industry Analysis:

Attributes Global Submarine Cable Industry Analysis
CAGR (2024 to 2034) 4.9%
Valuation (2024) US$ 3,273.3 million
Growth Factor The increasing reliance on emerging technologies such as artificial intelligence, the Internet of Things (IoT)
Key Challenge Upgrading and adapting to newer technologies to meet evolving bandwidth requirements

Category-wise Insights

Fiber Optics Cables leads the Submarine Cable Industry in Japan

Submarine cable is primarily used to transfer vast amounts of data across long distances quickly. Fiber optic cables dominate the submarine cable industry in Japan, primarily due to their superior data transfer capabilities and reliability. As Japan continues to lead in various industries, including automotive, electronics, and robotics, the need for a robust and high-performance communication infrastructure becomes crucial.

Fiber optic cables, with their consistent results and durable quality, fulfill the requirements of these industries, thus expanding the overall industry. Based on the product, fiber-optic cables are on track to dominate the submarine cable industry with a revenue share of 51.20% in 2024.

Attributes Details
Product Fiber Optics Cables
Value Share in 2024 51.20%

Solid-filled Cables are Highly Preferred over Other Cables for their Durability

Japan is surrounded by oceans from all the sides and there is always a danger of tsunamis and earthquakes in the region. Owing to these factors, the telecommunication and internet providers have always been seeking a more robust, durable and effective cabling solution that can withstand the geographical conditions posed by this region.

Solid-filled cables, typically composed of a compound with water-resistant and insulating properties, offer robust protection against moisture ingress and mechanical stress. This feature makes solid-filled cables highly reliable for outdoor installations, direct burial applications, and situations where they may be exposed to challenging weather conditions.

The durability and the ability to maintain signal integrity in challenging conditions have positioned solid-filled cables as the preferred choice for industries in Japan's landscape.

Attributes Details
Filling Type Solid Filled Cables
Value Share in 2024 52.20%

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Competitive Landscape

Japan is a country known for its technological prowess in the entire world. The Japan submarine cable industry is filled with numerous players who not only supply their products to the domestic consumers but also have consumers in the different parts of the world. With the emergence of 5G network, the prominence of submarine cable in the telecom industry has increased exponentially. Key players in the industry have leveraged this opportunity to expand their consumer base in and around the land of the rising sun.

Recent Developments in the Submarine Cable Industry in Japan:

  • In 2023, Sumitomo Electric Industries invested around US$ 278 million to expand the production of power transmission lines in Japan, aligning with the government's plans for grid improvements to support renewable energy.
  • In 2023, Palfinger secured a significant contract to supply a comprehensive equipment package for Prysmian's upcoming cable-laying vessel (CLV). The partnership exemplifies Palfinger's expertise in delivering essential solutions for maritime operations, further enhancing Prysmian's capabilities in efficient and advanced cable installation.
  • In 2023, Nexans was awarded a key turnkey contract valued at US$ 1.57 billion for the section of the EuroAsia Interconnector that connected Greece and Cyprus.

Some of the Key Players Offering Submarine Cable in Japan

  • Prysmian
  • Nexans
  • ZTT Group
  • ORIENT CABLE
  • Sumitomo Electric
  • Furukawa Electric
  • NEC Corporation

Scope of the Report

Attribute Details
Estimated Valuation (2024) US$ 238.8 Million
Projected Valuation (2034) US$ 410.3 Million
Anticipated CAGR (2024 to 2034) 5.6% CAGR
Historical Analysis of the Submarine Cable in Japan 2019 to 2023
Demand Forecast for Submarine Cable in Japan 2024 to 2034
Quantitative Units Revenue in US$ million and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Key Companies Profiled Prysmian; Nexans; ZTT Group; ORIENT CABLE; Sumitomo Electric; Furukawa Electric; NEC Corporation

Key Segments

Japan Submarine Cable Industry by Solution:

  • Product
    • Electrical Cables
      • MVAC
      • HVAC
      • HVDC
    • Fiber Optic Cables
      • Loose Tube Type
      • Tight Buffered Type
      • Metal Tube Type
    • Hybrid/Composite Cables
    • Umbilical Cables
  • Service
    • Consultation and Advisory Services
    • Commissioning and Deployment Services
    • Maintenance and Testing Services
    • Upgrade Services

Japan Submarine Cable Industry by Filling Type:

  • Oil/Fluid Filled Cables
  • Solid Filled Cables

Japan Submarine Cable Industry by End Use:

  • Oil and Gas
  • Renewable Energy
  • Telecommunications
  • Defense

Japan Submarine Cable Industry by City:

  • Kanto
  • Chubu
  • Kinki
  • Kyushu & Okinawa
  • Tohoku
  • Rest of Japan

Frequently Asked Questions

At What Rate is the Adoption of Submarine Cable in Japan Growing?

The anticipated CAGR for the Japan submarine cable industry through 2034 is 5.6%.

How Big will the Submarine Cable Landscape be in Japan?

Demand for submarine cable in Japan is likely surpass US$ 410.3 million by 2034.

Which is the Preferred Product Type for Submarine Cable in Japan?

Fiber Optics cables are the highly preferred in Japan, with a projected industry share of 51.20% in 2024.

Which is the most Common Filling Type of Submarine Cable in Japan?

In Japan, the solid-filled cables are set to dominate the submarine cable landscape, with a share of 52.20% in 2024.

What is Driving the Growth of Submarine Cable Industry in Japan?

The adoption of 5G internet services and the demand for high-speed internet connectivity drives the industry in Japan.

Table of Content

1. Executive Summary

    1.1. Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) & Volume (Meter) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Meter) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Solution

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Meter) Analysis By Solution, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Meter) Analysis and Forecast By Solution, 2024 to 2034

        5.3.1. Product

            5.3.1.1. MVAC

            5.3.1.2. HVAC

            5.3.1.3. HVDC

            5.3.1.4. Loose Tube Type

            5.3.1.5. Tight Buffered Type

            5.3.1.6. Metal Tube Type

            5.3.1.7. Hybrid/Composite Cables

            5.3.1.8. Umbilical Cables

        5.3.2. Service

            5.3.2.1. Consultation and Advisory Services

            5.3.2.2. Commissioning and Deployment Services

            5.3.2.3. Maintenance and Testing Services

            5.3.2.4. Upgrade Services

    5.4. Y-o-Y Growth Trend Analysis By Solution, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Solution, 2024 to 2034

6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Filling Type

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Meter) Analysis By Filling Type, 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Meter) Analysis and Forecast By Filling Type, 2024 to 2034

        6.3.1. Oil/Fluid Filled Cables

        6.3.2. Solid Filled Cables

    6.4. Y-o-Y Growth Trend Analysis By Filling Type, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Filling Type, 2024 to 2034

7. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End Use

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Meter) Analysis By End Use, 2019 to 2023

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Meter) Analysis and Forecast By End Use, 2024 to 2034

        7.3.1. Oil and Gas

        7.3.2. Renewable Energy

        7.3.3. Telecommunications

        7.3.4. Defence

    7.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023

    7.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034

8. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) & Volume (Meter) Analysis By Region, 2019 to 2023

    8.3. Current Market Size Value (US$ Million) & Volume (Meter) Analysis and Forecast By Region, 2024 to 2034

        8.3.1. Kanto

        8.3.2. Chubu

        8.3.3. Kinki

        8.3.4. Kyushu & Okinawa

        8.3.5. Tohoku

        8.3.6. Rest of Japan

    8.4. Market Attractiveness Analysis By Region

9. Kanto Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    9.1. Historical Market Size Value (US$ Million) & Volume (Meter) Trend Analysis By Market Taxonomy, 2019 to 2023

    9.2. Market Size Value (US$ Million) & Volume (Meter) Forecast By Market Taxonomy, 2024 to 2034

        9.2.1. By Solution

        9.2.2. By Filling Type

        9.2.3. By End Use

    9.3. Market Attractiveness Analysis

        9.3.1. By Solution

        9.3.2. By Filling Type

        9.3.3. By End Use

    9.4. Key Takeaways

10. Chubu Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    10.1. Historical Market Size Value (US$ Million) & Volume (Meter) Trend Analysis By Market Taxonomy, 2019 to 2023

    10.2. Market Size Value (US$ Million) & Volume (Meter) Forecast By Market Taxonomy, 2024 to 2034

        10.2.1. By Solution

        10.2.2. By Filling Type

        10.2.3. By End Use

    10.3. Market Attractiveness Analysis

        10.3.1. By Solution

        10.3.2. By Filling Type

        10.3.3. By End Use

    10.4. Key Takeaways

11. Kinki Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    11.1. Historical Market Size Value (US$ Million) & Volume (Meter) Trend Analysis By Market Taxonomy, 2019 to 2023

    11.2. Market Size Value (US$ Million) & Volume (Meter) Forecast By Market Taxonomy, 2024 to 2034

        11.2.1. By Solution

        11.2.2. By Filling Type

        11.2.3. By End Use

    11.3. Market Attractiveness Analysis

        11.3.1. By Solution

        11.3.2. By Filling Type

        11.3.3. By End Use

    11.4. Key Takeaways

12. Kyushu & Okinawa Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    12.1. Historical Market Size Value (US$ Million) & Volume (Meter) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) & Volume (Meter) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Solution

        12.2.2. By Filling Type

        12.2.3. By End Use

    12.3. Market Attractiveness Analysis

        12.3.1. By Solution

        12.3.2. By Filling Type

        12.3.3. By End Use

    12.4. Key Takeaways

13. Tohoku Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    13.1. Historical Market Size Value (US$ Million) & Volume (Meter) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) & Volume (Meter) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Solution

        13.2.2. By Filling Type

        13.2.3. By End Use

    13.3. Market Attractiveness Analysis

        13.3.1. By Solution

        13.3.2. By Filling Type

        13.3.3. By End Use

    13.4. Key Takeaways

14. Rest of Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    14.1. Historical Market Size Value (US$ Million) & Volume (Meter) Trend Analysis By Market Taxonomy, 2019 to 2023

    14.2. Market Size Value (US$ Million) & Volume (Meter) Forecast By Market Taxonomy, 2024 to 2034

        14.2.1. By Solution

        14.2.2. By Filling Type

        14.2.3. By End Use

    14.3. Market Attractiveness Analysis

        14.3.1. By Solution

        14.3.2. By Filling Type

        14.3.3. By End Use

    14.4. Key Takeaways

15. Market Structure Analysis

    15.1. Competition Dashboard

    15.2. Competition Benchmarking

    15.3. Market Share Analysis of Top Players

        15.3.1. By Regional

        15.3.2. By Solution

        15.3.3. By Filling Type

        15.3.4. By End Use

16. Competition Analysis

    16.1. Competition Deep Dive

        16.1.1. J-Power Systems Corporation

            16.1.1.1. Overview

            16.1.1.2. Product Portfolio

            16.1.1.3. Profitability by Market Segments

            16.1.1.4. Sales Footprint

            16.1.1.5. Strategy Overview

                16.1.1.5.1. Marketing Strategy

                16.1.1.5.2. Product Strategy

                16.1.1.5.3. Channel Strategy

        16.1.2. NEC Corporation

            16.1.2.1. Overview

            16.1.2.2. Product Portfolio

            16.1.2.3. Profitability by Market Segments

            16.1.2.4. Sales Footprint

            16.1.2.5. Strategy Overview

                16.1.2.5.1. Marketing Strategy

                16.1.2.5.2. Product Strategy

                16.1.2.5.3. Channel Strategy

        16.1.3. ZTT Group

            16.1.3.1. Overview

            16.1.3.2. Product Portfolio

            16.1.3.3. Profitability by Market Segments

            16.1.3.4. Sales Footprint

            16.1.3.5. Strategy Overview

                16.1.3.5.1. Marketing Strategy

                16.1.3.5.2. Product Strategy

                16.1.3.5.3. Channel Strategy

        16.1.4. ORIENT CABLE

            16.1.4.1. Overview

            16.1.4.2. Product Portfolio

            16.1.4.3. Profitability by Market Segments

            16.1.4.4. Sales Footprint

            16.1.4.5. Strategy Overview

                16.1.4.5.1. Marketing Strategy

                16.1.4.5.2. Product Strategy

                16.1.4.5.3. Channel Strategy

        16.1.5. Sumitomo Electric

            16.1.5.1. Overview

            16.1.5.2. Product Portfolio

            16.1.5.3. Profitability by Market Segments

            16.1.5.4. Sales Footprint

            16.1.5.5. Strategy Overview

                16.1.5.5.1. Marketing Strategy

                16.1.5.5.2. Product Strategy

                16.1.5.5.3. Channel Strategy

        16.1.6. Furukawa

            16.1.6.1. Overview

            16.1.6.2. Product Portfolio

            16.1.6.3. Profitability by Market Segments

            16.1.6.4. Sales Footprint

            16.1.6.5. Strategy Overview

                16.1.6.5.1. Marketing Strategy

                16.1.6.5.2. Product Strategy

                16.1.6.5.3. Channel Strategy

        16.1.7. Hengtong Group

            16.1.7.1. Overview

            16.1.7.2. Product Portfolio

            16.1.7.3. Profitability by Market Segments

            16.1.7.4. Sales Footprint

            16.1.7.5. Strategy Overview

                16.1.7.5.1. Marketing Strategy

                16.1.7.5.2. Product Strategy

                16.1.7.5.3. Channel Strategy

        16.1.8. NKT

            16.1.8.1. Overview

            16.1.8.2. Product Portfolio

            16.1.8.3. Profitability by Market Segments

            16.1.8.4. Sales Footprint

            16.1.8.5. Strategy Overview

                16.1.8.5.1. Marketing Strategy

                16.1.8.5.2. Product Strategy

                16.1.8.5.3. Channel Strategy

        16.1.9. WANDA CABLE GROUP

            16.1.9.1. Overview

            16.1.9.2. Product Portfolio

            16.1.9.3. Profitability by Market Segments

            16.1.9.4. Sales Footprint

            16.1.9.5. Strategy Overview

                16.1.9.5.1. Marketing Strategy

                16.1.9.5.2. Product Strategy

                16.1.9.5.3. Channel Strategy

        16.1.10. TFKable

            16.1.10.1. Overview

            16.1.10.2. Product Portfolio

            16.1.10.3. Profitability by Market Segments

            16.1.10.4. Sales Footprint

            16.1.10.5. Strategy Overview

                16.1.10.5.1. Marketing Strategy

                16.1.10.5.2. Product Strategy

                16.1.10.5.3. Channel Strategy

17. Assumptions & Acronyms Used

18. Research Methodology

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