MarketsandMarkets: Subsea Power Grid Market To Reach $2.365 Billion by 2018

The Subsea power grid market is projected to grow at a compound annual growth rate of 11. 9 percent from an estimated $1.196 billion in 2013 to $2.365 billion by 2018, according to a new MarketsandMarkets report. The report, Subsea Power Grid Market By Components (Cables Variable Speed Drives Transformers Switchgears Others) Offshore Power Supply [...]