Market Trends

1. Increasing investments in renewable energy interconnectors: As renewable energy generation capacities increase globally, there is a growing need to establish grids connecting areas of renewable energy production to demand centers. This is encouraging investments in offshore wind farms and associated subsea cables.

2. Adoption of autonomous technologies: Major manufacturers are working on developing autonomous cable laying vessels controlled using remote operations centers. Autonomous technologies such as dynamic positioning, trenching, and burying will reduce manpower requirements and improve safety.

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