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furukawa.co.jp

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Investments

2

Partners & Customers

10

About Furukawa Electric Group

Furukawa Electric (古河電気工業) (TYO: 5801) is a global Japanese electric technology company that develops a wide variety of products in six business fields such as telecommunications, energy, automobiles, electrical parts and components, construction and architecture, and new businesses including bio-devices.

Furukawa Electric Group Headquarters Location

Marunouchi Nakadori Bldg. 2-3, Marunouchi 2-chome, Chiyoda-ku

Tokyo, 100-8322,

Japan

+81-3-3286-3001

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Latest Furukawa Electric Group News

Submarine Power Cable Market 2026, Growing Offshore Renewable Energy Installations to Boost Market Growth - Technavio

Sep 15, 2022

Technavio Share this article Share this article NEW YORK, Sept. 15, 2022 /PRNewswire/ -- The " Submarine Power Cable Market " report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. Technavio has announced its latest market research report titled Global Submarine Power Cable Market 2022-2026 The potential growth difference for the submarine power cable market between 2021 and 2026 is USD 1.05  billion. The report extensively covers submarine power cable market segmentation by end-user (offshore wind, island connection and inter-country, offshore oil, and others) and geography (Europe, APAC, North America, Middle East, and Africa, and South America). To get the exact yearly growth variance and the Y-O-Y growth rate, Request Free Sample Report. Key Market Dynamics: Market Challenges One of the key drivers supporting the growth of the submarine power cable market is the increasing offshore renewable energy installations. Offshore wind power installations are rapidly expanding due to their higher capacity output, which can be up to 40% greater than onshore wind power generation. The offshore wind submarine power cable market is critical for transmitting newly generated energy from offshore wind turbines to the shore. The offshore wind submarine power cable industry enables renewable energy integration. Submarine power cable market growth is closely related to the expansion of offshore renewable energy installations and capacity, as these projects are powered by submarine power cables. However, factors such as challenges faced in laying and maintaining cables will challenge market growth. Buy Sample Report. Submarine Power Cable Market Geographical Segmentation Europe will account for 47% of market growth during the forecast period. The submarine power cable market in Europe is dominated by Germany and the United Kingdom. This region's market growth will be slower than that of North America and APAC. Government support and a growing emphasis on wind energy will help the submarine power cable market grow in Europe over the forecast period. The offshore wind segment's submarine power cable market share will grow significantly. When compared to conventional turbines, offshore wind turbines can produce more energy with fewer turbines. Europe is home to more than 80% of the world's offshore wind power generation capacity. European countries have set a goal of meeting more than 20% of their energy demand with renewables by 2030. During the forecast period, such factors may drive segment growth. Download Free Sample Report. Some Companies Mentioned with their Offerings ABB Ltd.: The company provides flexibility and productivity for operations through the combination of robotics and machine automation. Eland Cables Ltd.: The company offers a variety of cables and cable accessories for various industries, including railway, mining, marine, construction, and various others. Fujikura Ltd.: The company offers Power cables, Telecommunication cables, Aluminum wires, Enameled wires, Optical fibers, Optical fiber cables, Telecommunication components, Optical components, Fiber optic equipment, Network equipment, and Installation. Furukawa Electric Co Ltd: The company offer solutions for optical fiber and cable products, FITEL products, broadband solutions business, and energy infrastructure. HELUKABEL Romania Srl: The company offers solar cable systems that include cables and cable systems for photovoltaic installations which help to produce electricity through an energy conversion process. Related Reports: HVAC Air Ducts Market  by Material and Geography - Forecast and Analysis 2022-2026: The HVAC air duct market share is expected to increase by USD 1.54 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.29%. Industrial Gas Regulator Market  by Technology and Geography - Forecast and Analysis 2022-2026: The industrial gas regulator market share is expected to increase by USD 2.39 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.48%. Submarine Power Cable Market Scope Report Coverage Companies profiled ABB Ltd., Eland Cables Ltd., Europacable, Fujikura Ltd., Furukawa Electric Co Ltd, HELUKABEL Romania Srl, Hengtong Group Co Ltd, Hydro Group, Jiangsu Zhongtian Technology Co Ltd, KEI Industries Ltd, Leoni AG, LS Cable and System Ltd., Nexans SA, NKT AS, Parker Hannifin Corp., Prysmian Spa, Southwire Co. LLC, Subsea 7 SA, Sumitomo Electric Industries Ltd., and The Okonite Co. Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Browse for Technavio " Industrials " Research Reports Table of Contents Exhibit 27: Data Table on Comparison by End-user 5.3 Offshore wind - Market size and forecast 2021-2026 Exhibit 28: Chart on Offshore wind - Market size and forecast 2021-2026 ($ million) Exhibit 29: Data Table on Offshore wind - Market size and forecast 2021-2026 ($ million) Exhibit 30: Chart on Offshore wind - Year-over-year growth 2021-2026 (%) Exhibit 31: Data Table on Offshore wind - Year-over-year growth 2021-2026 (%) 5.4 Island connection and inter-country - Market size and forecast 2021-2026  Exhibit 32: Chart on Island connection and inter-country - Market size and forecast 2021-2026 ($ million) Exhibit 33: Data Table on Island connection and inter-country - Market size and forecast 2021-2026 ($ million) Exhibit 34: Chart on Island connection and inter-country - Year-over-year growth 2021-2026 (%) Exhibit 35: Data Table on Island connection and inter-country - Year-over-year growth 2021-2026 (%) 5.5 Offshore oil - Market size and forecast 2021-2026 Exhibit 36: Chart on Offshore oil - Market size and forecast 2021-2026 ($ million) Exhibit 37: Data Table on Offshore oil - Market size and forecast 2021-2026 ($ million) Exhibit 38: Chart on Offshore oil - Year-over-year growth 2021-2026 (%) Exhibit 39: Data Table on Offshore oil - Year-over-year growth 2021-2026 (%) 5.6 Others - Market size and forecast 2021-2026  Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million) Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million) Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%) Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%) 5.7 Market opportunity by End-user  Exhibit 44: Market opportunity by End-user ($ million) 6 Customer Landscape Exhibit 49: Data Table on Geographic comparison 7.3 Europe - Market size and forecast 2021-2026 Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%) Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%) 7.4 APAC - Market size and forecast 2021-2026  Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%) Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%) 7.5 North America - Market size and forecast 2021-2026 Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million) Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million) Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%) Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%) 7.6 Middle East and Africa - Market size and forecast 2021-2026  Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%) Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%) 7.7 South America - Market size and forecast 2021-2026 Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million) Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million) Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%) Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%) 7.8 US - Market size and forecast 2021-2026 Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million) Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million) Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%) Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%) 7.9 Germany - Market size and forecast 2021-2026 Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million) Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million) Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%) Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%) 7.10 China - Market size and forecast 2021-2026 Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million) Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million) Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%) Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%) 7.11 UK - Market size and forecast 2021-2026 Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million) Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million) Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%) Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%) 7.12 Japan - Market size and forecast 2021-2026 Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million) Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million) Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%) Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%) 7.13 Market opportunity by geography  Exhibit 90: Market opportunity by geography ($ million) 8 Drivers, Challenges, and Trends 8.1 Market drivers About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact

Furukawa Electric Group Investments

2 Investments

Furukawa Electric Group has made 2 investments. Their latest investment was in Digital Grid as part of their Corporate Minority - VI on February 2, 2019.

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Furukawa Electric Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/28/2019

Corporate Minority - VI

Digital Grid

Yes

1

1/1/2002

Corporate Minority

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10

Date

2/28/2019

1/1/2002

Round

Corporate Minority - VI

Corporate Minority

Company

Digital Grid

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Amount

New?

Yes

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Co-Investors

Sources

1

10

Furukawa Electric Group Acquisitions

1 Acquisition

Furukawa Electric Group acquired 1 company. Their latest acquisition was Yamaishi Metal on July 29, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/29/2021

$99M

Acquired

1

Date

7/29/2021

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

Furukawa Electric Group Partners & Customers

10 Partners and customers

Furukawa Electric Group has 10 strategic partners and customers. Furukawa Electric Group recently partnered with Nokia on August 8, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

8/29/2022

Vendor

Finland

Nokia and Furukawa Electric LatAm partner to accelerate Optical LAN in Latin America

Helio Durigan , vice president executive , Furukawa Electric LatAm , says `` The partnership between Furukawa Electric LatAm and Nokia brings to our customers a state-of-the-art and innovative solution that allows great benefits in sustainability with reduction in power consumption , and at same time delivers a reliable and secure technological platform enhancing corporate governance . ''

1

2/15/2021

Client

United Kingdom

Furukawa Electric Selected for CDP’s Supplier Engagement Rating Leaderboard for Second Consecutive Year|2021|News Release|Furukawa Electric Co., Ltd

International environmental NGO , CDP , has selected Furukawa Electric Co. , Ltd. for its Supplier Engagement Rating Leaderboard for the second year in a row .

1

10/2/2020

Partner

United States

Established JV with Superior Essex. BDA advises Furukawa Electric on JV with Superior Essex - BDA Partners

The joint venture is a continuation of Furukawa Electric Co Ltd 's long-standing relationship with SPSX .

1

3/26/2020

Partner

United States

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10

5/26/2019

Partner

United States

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10

Date

8/29/2022

2/15/2021

10/2/2020

3/26/2020

5/26/2019

Type

Vendor

Client

Partner

Partner

Partner

Business Partner

Country

Finland

United Kingdom

United States

United States

United States

News Snippet

Nokia and Furukawa Electric LatAm partner to accelerate Optical LAN in Latin America

Helio Durigan , vice president executive , Furukawa Electric LatAm , says `` The partnership between Furukawa Electric LatAm and Nokia brings to our customers a state-of-the-art and innovative solution that allows great benefits in sustainability with reduction in power consumption , and at same time delivers a reliable and secure technological platform enhancing corporate governance . ''

Furukawa Electric Selected for CDP’s Supplier Engagement Rating Leaderboard for Second Consecutive Year|2021|News Release|Furukawa Electric Co., Ltd

International environmental NGO , CDP , has selected Furukawa Electric Co. , Ltd. for its Supplier Engagement Rating Leaderboard for the second year in a row .

Established JV with Superior Essex. BDA advises Furukawa Electric on JV with Superior Essex - BDA Partners

The joint venture is a continuation of Furukawa Electric Co Ltd 's long-standing relationship with SPSX .

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Sources

1

1

1

10

10

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