The offshore wind cable market is likely to record a substantial growth rate over the coming years owing to the growing consumption and subsequent demand for energy across developing nations coupled with the introduction of strict regulations that put emphasis on reducing GHG emissions. Offshore wind cables have traditionally played a significant role in numerous offshore projects like oil & gas and more recently, renewable-energy systems.

To that end, improving their performance is considered to be vital for the success of numerous offshore wind projects going on throughout the world. Key function of and offshore wind cable network is to connect the offshore wind energy harvesting facilities to mainland power grids; exporting energy harvested from offshore wind facilities to the power grids located on the mainland.

They are also responsible for providing top-quality, reliable shore-to-farm, and intra-facility connectivity for communication purposes. Additionally, they are also used to provide oceanographic monitoring and surveillance capabilities.

The fast growing offshore-wind industry generally needs dynamic cables, that are strong enough to withstand the larger pressures that are exerted on them by natural elements. To protect these cables, Split pipes or Cylindrical half shells are generally used to facilitate additional protection to the cables running to and from the offshore facilities. These usually form a part of whole cable-protection system.

There are different types of offshore cables that are suited for different functions. Standard transmission cables are intended to work in conditions that vary a lot from those which are experienced by the cables that are designed for floating offshore structures in MRE (marine renewable energy) markets.

Dynamic cables are typically exposed to higher degrees of electrical and mechanical stress owing to the motion as well as sea conditions of the platform. The transformation of platform design to floating from fixed requires an equal transformation in the associated subsea cables.

Furthermore, marine conditions are harsh and unpredictable between the surface and the seabed. It can likewise affect cables by expanding the diameter and weight, which can result into extra loads resulting in harm.

Subsequently, new floating structures are increasingly in need of transformation to create dynamic power cabling which is strong enough to fight these stresses. The issues of cabling faced by the overall offshore wind industry means that there is a significant demand for cable-reinforcing solutions that are capable of reducing the maintenance expenses associated with dynamic cables.

Cast-iron ballast can be adopted as a flexible solution that can effectively be molded to the requirements of several offshore installations and enhance their resistance as well as reliability. It provides a cost-efficient and extremely reliable solution for protection and stabilization of dynamic offshore cables, which in turn results in lower project costs. Offshore wind cables are required to carry the clean energy to land, making sure their protection as well as stabilization is of significance.

The offshore wind cable market is bifurcated in terms of technology, conductor material, and regional landscape.

From a regional frame of reference, the overall offshore wind cable market is bifurcated into APAC, North America, Europe, and rest of the world. Among these, positive outlook toward the wind energy technologies along with increasing land acquisition cost will fuel the deployment of offshore wind energy projects across the rest of the world.