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With the order, LS Cable & System is making an official entry into Europe, the world’s most advanced offshore wind power generation market. The scale of European offshore wind power generation market is forecast to more than double from $13.5 billion in 2012 (approx. KRW 14.8 trillion) to $30 billion in 2020 (KRW 32.8 trillion). Accordingly, the submarine cable market is expected to grow exponentially and, thus LS Cable & System is forecasting a sales increase in the European submarine cable market following its recent performance in the U.S. and the Middle East.

The contract involves supplying 300 km of low and medium voltage cables from the Afumex range: Afumex 750, Afumex 1000 Amico and RF 31-22. Manufactured in compliance with the IEC 60332-3-4 and EN 50266-2-4 fire testing norms and drawing heavily on European environmental management standards (ISO 14000), Afumex cables combine reduced flame spread with very low emission of irritant and corrosive gases, ensuring more time for possible evacuation of buildings and facilitating the work of rescue teams.

So, who are the Top 10 Wire & Cable Producers? Below is a list of the Top 10 producers, for an understanding of how their positions have changed over 2012-2013, plus additional extracts from the Database, read our FREE preview chapter here >> Prysmian - see just how far ahead they are … Nexans - could they be No. 1 next year? … SEI – a solid performance compared to their disappointing 2010 revenues … General Cable - will a weak Europe hit sales next year? … Southwire - 11% growth in 2013 is impressive, but will growth continue … LS Cable & Systems - off the boil compared to a bouyant 2008 … Furukawa Electric - slightly down year on year, but not out of the running for 6th spot … Fujikura - fluctuating figures year on year make this one to watch closely … Hitachi - right on the heels of Fujikura and now part of a larger group … Leoni - just made it to the Top 10, but Xignux is very close by …

The European Commission has fined ten copper cable-makers, including Nexans and Prysmian, for rigging underground and sub-sea cable supply tenders and colluding to carve up sales in regional markets.