The underwater connector market in Europe is expected to grow from US$ 547.47 million in 2022 to US$ 812.93 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2022 to 2028.
The growing investment in new technologies is the major factor driving the Europe underwater connector market. Industries are integrating new technologies and using different raw materials to produce new underwater connectors with improved performance and durability in underwater conditions. Various carriers and network firms require high-speed data transmission systems, which demand the use of modern undersea cable connectors. Integrating new technologies increases the demand for underwater cable connectors as undersea mining and oil exploration become more common. For instance, NiobiCon is a novel type of underwater electrical connection that allows for power and data transfer without the use of seals, oil, or moving parts. This technology was created to solve the inefficiency of the underwater recharging of autonomous vehicles. The niobium connector develops its own thin isolating layer when it comes into contact with water, which is scraped off when the connection is completed. The layer regenerates immediately after being unplugged. Northrop Grumman engineers developed the technique to establish a safe, dependable, and economical means to link electric currents in a wet or corrosive environment while keeping the power flowing. Moreover, the investment in new technology by government and private institutes has increased. With the increase in government and private investments in research and development activities, underwater connectors are used in offshore, geophysical, oil and gas, oceanographic, and marine defense applications operated by research, commercial, and defense organizations. As a result, the underwater connector market is expected to grow rapidly over the forecast period.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe underwater connector market. The Europe underwater connector market is expected to grow at a good CAGR during the forecast period.
Europe Underwater Connector Market Revenue and Forecast to 2028 (US$ Million)

Europe Underwater Connector Market Segmentation
The Europe underwater connector market is segmented into type, connection, application, and country.
Based on type, the Europe underwater connector market is segmented into rubber-molded, inductive coupling, fluid-filled underwater mateable connector, and rigid-shell/bulk headed. The rubber-molded segment led the market in 2022.
In terms of connection, the Europe underwater connector market is segmented into electrical, optical fiber, and hybrid. The electrical segment dominated the market in 2022.
Based on application, the underwater connector market is segmented into military & defense, oil & gas, telecommunications, oceanography, ROVs/AUVs, and others. The telecommunications segment held the largest share in 2022.
Based on country, the Europe underwater connector market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. Russia held the largest market share in 2022.
Fischer Connectors SA, Gisma Steckverbinder GmbH, Glenair, Hydro Group Plc., TE Connectivity, and Teledyne Marine are among the leading companies operating in the underwater connector market in Europe.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Underwater Connector Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Underwater Connector Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Oil & Gas Usage Across Europe
5.1.2 Enhanced Subsea System for Commercial and Military Applications
5.2 Market Restraints
5.2.1 Strict Environmental Regulations
5.3 Market Opportunities
5.3.1 Growing Investment in New Technologies
5.4 Impact Analysis of Drivers and Restraints
6. Underwater Connector Market – Europe Analysis
6.1 Europe Underwater Connector Market Overview
6.2 Europe Underwater Connector Market Forecast and Analysis
7. Europe Underwater Connector Market Analysis – By Type
7.1 Overview
7.2 Europe Underwater Connector Market, by Type (2021 and 2028)
7.3 Rubber-Molded
7.3.1 Overview
7.3.2 Rubber-Molded: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Inductive Coupling
7.4.1 Overview
7.4.2 Inductive Coupling: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Fluid-Filled Underwater Mateable Connector
7.5.1 Overview
7.5.2 Fluid-Filled Underwater Mateable Connector: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Rigid-Shell/Bulk Headed
7.6.1 Overview
7.6.2 Rigid-Shell/Bulk Headed: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Underwater Connector Market – By Connection
8.1 Overview
8.2 Europe Underwater Connector Market, by Connection (2021 and 2028)
8.3 Electrical
8.3.1 Overview
8.3.2 Electrical: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Optical Fiber
8.4.1 Overview
8.4.2 Optical Fiber: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Hybrid
8.5.1 Overview
8.5.2 Hybrid: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Underwater Connector Market – By Application
9.1 Overview
9.2 Europe Underwater Connector Market, by Application (2021 and 2028)
9.3 Military & Defense
9.3.1 Overview
9.3.2 Military & Defense: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Oil & Gas
9.4.1 Overview
9.4.2 Oil & Gas: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Telecommunications
9.5.1 Overview
9.5.2 Telecommunications: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Oceanography
9.6.1 Overview
9.6.2 Oceanography: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.7 ROVs/AUVs
9.7.1 Overview
9.7.2 ROVs/AUVs: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Underwater Connector Market – Country Analysis
10.1 Overview
10.1.1 Europe: Underwater Connector Market, by Key Country
10.1.1.1 Germany: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Underwater Connector Market, by Type
10.1.1.1.2 Germany: Underwater Connector Market, by Connection
10.1.1.1.3 Germany: Underwater Connector Market, by Application
10.1.1.2 France: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Underwater Connector Market, by Type
10.1.1.2.2 France: Underwater Connector Market, by Connection
10.1.1.2.3 France: Underwater Connector Market, by Application
10.1.1.3 Italy: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Underwater Connector Market, by Type
10.1.1.3.2 Italy: Underwater Connector Market, by Connection
10.1.1.3.3 Italy: Underwater Connector Market, by Application
10.1.1.4 UK: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Underwater Connector Market, by Type
10.1.1.4.2 UK: Underwater Connector Market, by Connection
10.1.1.4.3 UK: Underwater Connector Market, by Application
10.1.1.5 Russia: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Underwater Connector Market, by Type
10.1.1.5.2 Russia: Underwater Connector Market, by Connection
10.1.1.5.3 Russia: Underwater Connector Market, by Application
10.1.1.6 Rest of Europe: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Underwater Connector Market, by Type
10.1.1.6.2 Rest of Europe: Underwater Connector Market, by Connection
10.1.1.6.3 Rest of Europe: Underwater Connector Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Glenair, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Fischer Connectors SA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 GISMA Steckverbinder GmbH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hydro Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 TE Connectivity Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Teledyne Marine
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1.             Europe Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Table 2.             Germany: Underwater Connector Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 3.             Germany: Underwater Connector Market, by Connection– Revenue and Forecast to 2028 (US$ Million)
Table 4.             Germany: Underwater Connector Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 5.             France: Underwater Connector Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6.             France: Underwater Connector Market, by Connection – Revenue and Forecast to 2028 (US$ Million)
Table 7.             France: Underwater Connector Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 8.             Italy: Underwater Connector Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 9.             Italy: Underwater Connector Market, by Connection– Revenue and Forecast to 2028 (US$ Million)
Table 10.          Italy: Underwater Connector Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11.          UK: Underwater Connector Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 12.          UK: Underwater Connector Market, by Connection– Revenue and Forecast to 2028 (US$ Million)
Table 13.          UK: Underwater Connector Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 14.          Russia: Underwater Connector Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 15.          Russia: Underwater Connector Market, by Connection– Revenue and Forecast to 2028 (US$ Million)
Table 16.          Russia: Underwater Connector Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 17.          Rest of Europe: Underwater Connector Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 18.          Rest of Europe: Underwater Connector Market, by Connection– Revenue and Forecast to 2028 (US$ Million)
Table 19.          Rest of Europe: Underwater Connector Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 20.          List of Abbreviation
 
 

LIST OF FIGURES

Figure 1.           Europe Underwater Connector Market Segmentation
Figure 2.           Europe Underwater Connector Segmentation – By Country
Figure 3.           Europe Underwater Connector Market Overview
Figure 4.           Rubber Molded the Largest Share of Europe Underwater Connector Market
Figure 5.           Optical Fiber Segment held the Largest Share of Europe Underwater Connector Market
Figure 6.           UK to Show Great Traction During Forecast Period
Figure 7.           Europe – PEST Analysis
Figure 8.           Ecosystem Analysis
Figure 9.           Expert Opinion
Figure 10.        Europe Underwater Connector Market: Impact Analysis of Drivers and Restraints
Figure 11.        Europe Underwater Connector Market Forecast and Analysis (US$ Million)
Figure 12.        Europe Underwater Connector Market Revenue Share, by Type (2021 and 2028)
Figure 13.        Europe Rubber-Molded: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14.        Europe Inductive Coupling: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15.        Europe Fluid-Filled Underwater Mateable Connector: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16.        Europe Rigid-Shell/Bulk Headed: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17.        Europe Underwater Connector Market Revenue Share, by Connection (2021 and 2028)
Figure 18.        Europe Electrical: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.        Europe Optical Fiber: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20.        Europe Hybrid: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21.        Europe Underwater Connector Market Revenue Share, by Application (2021 and 2028)
Figure 22.        Europe Military & Defense: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23.        Europe Oil & Gas: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24.        Europe Telecommunications: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25.        Europe Oceanography: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.        Europe ROVs/AUVs: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.        Europe Others: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28.        Europe: Underwater Connector Market, by Key Country– Revenue (2021) (US$ Million)
Figure 29.        Europe: Underwater Connector Market Revenue Share, by Key Country (2021 and 2028)
Figure 30.        Germany: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31.        France: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32.        Italy: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33.        UK: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34.        Russia: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35.        Rest of Europe: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe underwater connector market
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Europe underwater connector market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the underwater connector market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

The List of Companies – Europe Underwater Connector Market

● Fishcher Connectors SA
● Gisma Steckverbinder GmbH
● Glenair
● Hydro Group Plc.
● TE Connectivity
● Teledyne Marine

At 6.8% CAGR, the Europe Underwater Connector Market is speculated to be worth US$ 812.93 Million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Europe underwater connector market was valued at US$ 547.47 million in 2022 and is expected to reach US$ 812.93 million by 2028, registering an annual growth rate of 6.8% from 2022 to 2028. Surge in oil & gas usage across the region and advanced subsea system for commercial and military applications are the critical factors attributed to the market expansion.

The market for Europe includes France, Germany, Russia, the UK, and the Rest of the European countries. The growth in offshore activities such as oil and gas, telecommunication, defense, wind offshore, and oceanography is opportunistic for underwater connector market growth in Europe. Further, the recovery of the economic condition from these industries is expected to drive the demand for oil and gas, telecommunication, oceanography, and many others in the region. The government bodies have taken various steps to provide an opportunity to these sectors. Thus, an increase in the number of projects in oil & gas, telecommunication, and defense industries would accelerate the demand for underwater connectors.

Growing industrialization and surging population propel the demand for oil and gas and telecommunication in Europe. Today, the European population uses as much crude oil and petroleum products in a single day as it did a year ago because of their various benefits. As crude oil requires less refining and is less hazardous to the environment. Moreover, owing to their availability and low cost, crude oil and petroleum are widely used in important sectors such as transportation, medicine, agriculture, textiles, plastics, hygiene products, heating, road asphalt, and metallurgy. The increasing penetration of underwater mining activities across Europe will propel the underwater connector’s market growth. For instance, in November 2021, Nexans, a French offshore cable construction and installation company, was awarded a frame contract with Terna to deliver an interconnector cabling solution for its Tyrrhenian Link in Italy for more than US$ 738,16 million. Thus, the growing offshore cable construction in the ocean will further increase the underwater connectors demand and eventually drive the underwater connector market.

On the contrary, tough environmental regulations hurdles the growth of Europe underwater connector market.

Based on type, the Europe underwater connector market is segmented into rubber-molded, inductive coupling, fluid-filled underwater mateable connector, and rigid-shell/bulk headed. With a market share of 37.2% rubber-molded segment led the market in 2022, amassing US$ 203.54 million. It is projected to garner US$ 307.31 million by 2028 to expand at 7.1% CAGR during 2022–2028.

In terms of connection, the Europe underwater connector market is segmented into electrical, optical fiber, and hybrid. The electrical segment dominated the market in 2022. With 45.6% share of the domain, the large enterprises segment dominated the market in 2022. It accrued US$ 249.67 million in 2022 and is estimated to generate US$ 356.87 million by 2028 to grow at a CAGR of 6.1% over the forecast period.

Based on application, the underwater connector market is segmented into military & defense, oil & gas, telecommunications, oceanography, ROVs/AUVs, and others. The telecommunications segment held 37.2% market share in 2022, amassing US$ 203.88 million. It is projected to garner US$ 322.31 million by 2028 to expand at 7.9% CAGR during 2022–2028.

Our regional analysis states that Russia captured 21.7% market share in 2022. It was assessed at US$ 118.63 million in 2022 and is likely to hit US$ 145.19 million by 2028, exhibiting a CAGR of 3.4% during the forecast period.

Key players dominating the Europe underwater connector market are Fischer Connectors SA, Gisma Steckverbinder GmbH, Glenair, Hydro Group Plc., TE Connectivity, and Teledyne Marine among others.

A few recent market developments by key market players are as follows:

In 2022, The Fischer family announced the launch of Conextivity® Group. This group will offer products, solutions and services that will cover the entire connectivity value chain. In 2022, Fischer Connectors extended its MiniMax product line by including three connectors and cables with the new options in body size, data speed and pin layout.