The SP80 team has chosen Fischer Connectors SA for the data-transmission solutions connecting the many sensors that would equip the boat and its captain to break the world sailing speed record throughout the development of its boat, which is now close to reaching its final design phase. The technical difficulty is to sail at 80 knots (148.16 km/h) using solely the wind's energy.
Hydro Group was thrilled to announce the release of its first-ever fibre optic manned penetrator for submersibles, diving bells, and deck decompression chambers after a lengthy period of customer input, R&D, prototype evaluation, and successful field trials.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 3910
Published Date: May 02, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growing exploration of oil & gas, rise in construction of subsea pipelines, surge in construction of data centers underwater, and others.
The market size of underwater connectors is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023-2035.
High cost of underwater connectors, growing environmental regulations, and competition of alternative technologies are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are TE Connectivity, Amphenol Corporation, Eaton Corporation plc, Fischer Connectors SA, and more.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by type, application, connection, and by region.
The hybrid segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.