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 USD 238.8 million in 2024 to around USD 410.3 million by 2034.

Attributes Key Statistics
Expected Base Year Value (2024) USD 238.8 million
Anticipated Forecast Value (2034) USD 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.
Sudip Saha
Sudip Saha

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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%

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 USD 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 USD 1.57 billion for the section of the EuroAsia Interconnector that connected Greece and Cyprus.

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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) USD 238.8 Million
Projected Valuation (2034) USD 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 USD 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 USD 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
	2. Market Overview
	3. Market Background
	4. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034
	5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Solution
		5.1. Product
			5.1.1. MVAC
			5.1.2. HVAC
			5.1.3. HVDC
			5.1.4. Loose Tube Type
			5.1.5. Tight Buffered Type
			5.1.6. Metal Tube Type
			5.1.7. Hybrid/Composite Cables
			5.1.8. Umbilical Cables
		5.2. Service
			5.2.1. Consultation and Advisory Services
			5.2.2. Commissioning and Deployment Services
			5.2.3. Maintenance and Testing Services
			5.2.4. Upgrade Services
	6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Filling Type
		6.1. Oil/Fluid Filled Cables
		6.2. Solid Filled Cables
	7. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End Use
		7.1. Oil and Gas
		7.2. Renewable Energy
		7.3. Telecommunications
		7.4. Defence
	8. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
		8.1. Kanto
		8.2. Chubu
		8.3. Kinki
		8.4. Kyushu & Okinawa
		8.5. Tohoku
		8.6. Rest of Japan
	9. Kanto Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
	10. Chubu Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
	11. Kinki Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
	12. Kyushu & Okinawa Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
	13. Tohoku Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
	14. Rest of Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
	15. Market Structure Analysis
	16. Competition Analysis
		16.1. J-Power Systems Corporation
		16.2. NEC Corporation
		16.3. ZTT Group
		16.4. ORIENT CABLE
		16.5. Sumitomo Electric
		16.6. Furukawa
		16.7. Hengtong Group
		16.8. NKT
		16.9. WANDA CABLE GROUP
		16.10. TFKable
	17. Assumptions & Acronyms Used
	18. Research Methodology
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