The global market for Underwater Power Connector was estimated to be worth US$ 554 million in 2024 and is forecast to a readjusted size of US$ 751 million by 2031 with a CAGR of 4.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Underwater Power Connector cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Underwater power connectors are designed to connect power in applications that include equipment placed on the ocean floor. Underwater application areas that require underwater power connectors are offshore oil and gas, renewable energy and subsea systems, defense systems and equipment, oceanographic systems, equipment and instrumentation solutions, remotely operated vehicles, and remotely operated towed vehicle systems.
In 2024, global Underwater Power Connector sales volume reached approximately 55.4 million units, with an average global market price of around 10 US$ per unit.
The oil and gas industry remains one of the largest consumers of underwater power connectors. With the depletion of shallow-water reserves, energy companies are moving toward deepwater and ultra-deepwater exploration and production. Underwater connectors are essential for powering subsea drilling equipment, remotely operated vehicles (ROVs), and subsea control systems, driving demand in this sector.
The rapid expansion of offshore wind farms, tidal energy, and wave energy projects is a major growth driver. These renewable energy projects require durable underwater connectors to transmit power from turbines, generators, and energy storage systems back to shore. As governments push for carbon neutrality and clean energy adoption, demand for reliable subsea electrical infrastructure is accelerating.
The growth of global data traffic has led to an expanding network of submarine communication cables, which rely on underwater power connectors for signal repeaters, monitoring systems, and power distribution. With the rise of 5G, cloud computing, and international data centers, subsea telecommunications remain a strong market driver.
Military and defense organizations require underwater power connectors for submarines, sonar systems, unmanned underwater vehicles (UUVs), and surveillance systems. The ongoing global focus on maritime security and naval modernization is boosting demand for robust and high-performance subsea connectors.
Marine biology, deep-sea mining, and oceanographic research increasingly rely on advanced subsea equipment that requires reliable power delivery under extreme conditions. Underwater connectors support long-term deployments of sensor networks, autonomous underwater vehicles (AUVs), and monitoring platforms, fueling demand from research institutes and private exploration companies.
This report aims to provide a comprehensive presentation of the global market for Underwater Power Connector, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Underwater Power Connector by region & country, by Type, and by Application.
The Underwater Power Connector market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Underwater Power Connector.
Market Segmentation
By Company
- TE Connectivity
- Eaton
- Teledyne Marine
- Hydro Group
- Glenair
- Amphenol
- MacArtney
- BIRNS
- Marshall Underwater Industries
- Gisma
- Sea and Land Technologies
- Fischer Connectors Connectors
- Glenair
- Hydro Group
Segment by Type
- Dry Mate Connector
- Wet Mate Connector
- Others
Segment by Application
- Oil and Gas
- Military and Defense
- Telecommunication
- Power Industry
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Underwater Power Connector manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Underwater Power Connector in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Underwater Power Connector in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Underwater Power Connector Product Introduction
- 1.2 Global Underwater Power Connector Market Size Forecast
- 1.2.1 Global Underwater Power Connector Sales Value (2020-2031)
- 1.2.2 Global Underwater Power Connector Sales Volume (2020-2031)
- 1.2.3 Global Underwater Power Connector Sales Price (2020-2031)
- 1.3 Underwater Power Connector Market Trends & Drivers
- 1.3.1 Underwater Power Connector Industry Trends
- 1.3.2 Underwater Power Connector Market Drivers & Opportunity
- 1.3.3 Underwater Power Connector Market Challenges
- 1.3.4 Underwater Power Connector Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Underwater Power Connector Players Revenue Ranking (2024)
- 2.2 Global Underwater Power Connector Revenue by Company (2020-2025)
- 2.3 Global Underwater Power Connector Players Sales Volume Ranking (2024)
- 2.4 Global Underwater Power Connector Sales Volume by Company Players (2020-2025)
- 2.5 Global Underwater Power Connector Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Underwater Power Connector Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Underwater Power Connector Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Underwater Power Connector
- 2.9 Underwater Power Connector Market Competitive Analysis
- 2.9.1 Underwater Power Connector Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Underwater Power Connector Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Underwater Power Connector as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Dry Mate Connector
- 3.1.2 Wet Mate Connector
- 3.1.3 Others
- 3.2 Global Underwater Power Connector Sales Value by Type
- 3.2.1 Global Underwater Power Connector Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Underwater Power Connector Sales Value, by Type (2020-2031)
- 3.2.3 Global Underwater Power Connector Sales Value, by Type (%) (2020-2031)
- 3.3 Global Underwater Power Connector Sales Volume by Type
- 3.3.1 Global Underwater Power Connector Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Underwater Power Connector Sales Volume, by Type (2020-2031)
- 3.3.3 Global Underwater Power Connector Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Underwater Power Connector Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Oil and Gas
- 4.1.2 Military and Defense
- 4.1.3 Telecommunication
- 4.1.4 Power Industry
- 4.2 Global Underwater Power Connector Sales Value by Application
- 4.2.1 Global Underwater Power Connector Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Underwater Power Connector Sales Value, by Application (2020-2031)
- 4.2.3 Global Underwater Power Connector Sales Value, by Application (%) (2020-2031)
- 4.3 Global Underwater Power Connector Sales Volume by Application
- 4.3.1 Global Underwater Power Connector Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Underwater Power Connector Sales Volume, by Application (2020-2031)
- 4.3.3 Global Underwater Power Connector Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Underwater Power Connector Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Underwater Power Connector Sales Value by Region
- 5.1.1 Global Underwater Power Connector Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Underwater Power Connector Sales Value by Region (2020-2025)
- 5.1.3 Global Underwater Power Connector Sales Value by Region (2026-2031)
- 5.1.4 Global Underwater Power Connector Sales Value by Region (%), (2020-2031)
- 5.2 Global Underwater Power Connector Sales Volume by Region
- 5.2.1 Global Underwater Power Connector Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Underwater Power Connector Sales Volume by Region (2020-2025)
- 5.2.3 Global Underwater Power Connector Sales Volume by Region (2026-2031)
- 5.2.4 Global Underwater Power Connector Sales Volume by Region (%), (2020-2031)
- 5.3 Global Underwater Power Connector Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Underwater Power Connector Sales Value, 2020-2031
- 5.4.2 North America Underwater Power Connector Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Underwater Power Connector Sales Value, 2020-2031
- 5.5.2 Europe Underwater Power Connector Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Underwater Power Connector Sales Value, 2020-2031
- 5.6.2 Asia Pacific Underwater Power Connector Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Underwater Power Connector Sales Value, 2020-2031
- 5.7.2 South America Underwater Power Connector Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Underwater Power Connector Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Underwater Power Connector Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Underwater Power Connector Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Underwater Power Connector Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Underwater Power Connector Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Underwater Power Connector Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Underwater Power Connector Sales Value, 2020-2031
- 6.3.2 United States Underwater Power Connector Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Underwater Power Connector Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Underwater Power Connector Sales Value, 2020-2031
- 6.4.2 Europe Underwater Power Connector Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Underwater Power Connector Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Underwater Power Connector Sales Value, 2020-2031
- 6.5.2 China Underwater Power Connector Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Underwater Power Connector Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Underwater Power Connector Sales Value, 2020-2031
- 6.6.2 Japan Underwater Power Connector Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Underwater Power Connector Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Underwater Power Connector Sales Value, 2020-2031
- 6.7.2 South Korea Underwater Power Connector Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Underwater Power Connector Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Underwater Power Connector Sales Value, 2020-2031
- 6.8.2 Southeast Asia Underwater Power Connector Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Underwater Power Connector Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Underwater Power Connector Sales Value, 2020-2031
- 6.9.2 India Underwater Power Connector Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Underwater Power Connector Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 TE Connectivity
- 7.1.1 TE Connectivity Company Information
- 7.1.2 TE Connectivity Introduction and Business Overview
- 7.1.3 TE Connectivity Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 TE Connectivity Underwater Power Connector Product Offerings
- 7.1.5 TE Connectivity Recent Development
- 7.2 Eaton
- 7.2.1 Eaton Company Information
- 7.2.2 Eaton Introduction and Business Overview
- 7.2.3 Eaton Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Eaton Underwater Power Connector Product Offerings
- 7.2.5 Eaton Recent Development
- 7.3 Teledyne Marine
- 7.3.1 Teledyne Marine Company Information
- 7.3.2 Teledyne Marine Introduction and Business Overview
- 7.3.3 Teledyne Marine Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Teledyne Marine Underwater Power Connector Product Offerings
- 7.3.5 Teledyne Marine Recent Development
- 7.4 Hydro Group
- 7.4.1 Hydro Group Company Information
- 7.4.2 Hydro Group Introduction and Business Overview
- 7.4.3 Hydro Group Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Hydro Group Underwater Power Connector Product Offerings
- 7.4.5 Hydro Group Recent Development
- 7.5 Glenair
- 7.5.1 Glenair Company Information
- 7.5.2 Glenair Introduction and Business Overview
- 7.5.3 Glenair Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Glenair Underwater Power Connector Product Offerings
- 7.5.5 Glenair Recent Development
- 7.6 Amphenol
- 7.6.1 Amphenol Company Information
- 7.6.2 Amphenol Introduction and Business Overview
- 7.6.3 Amphenol Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Amphenol Underwater Power Connector Product Offerings
- 7.6.5 Amphenol Recent Development
- 7.7 MacArtney
- 7.7.1 MacArtney Company Information
- 7.7.2 MacArtney Introduction and Business Overview
- 7.7.3 MacArtney Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 MacArtney Underwater Power Connector Product Offerings
- 7.7.5 MacArtney Recent Development
- 7.8 BIRNS
- 7.8.1 BIRNS Company Information
- 7.8.2 BIRNS Introduction and Business Overview
- 7.8.3 BIRNS Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 BIRNS Underwater Power Connector Product Offerings
- 7.8.5 BIRNS Recent Development
- 7.9 Marshall Underwater Industries
- 7.9.1 Marshall Underwater Industries Company Information
- 7.9.2 Marshall Underwater Industries Introduction and Business Overview
- 7.9.3 Marshall Underwater Industries Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Marshall Underwater Industries Underwater Power Connector Product Offerings
- 7.9.5 Marshall Underwater Industries Recent Development
- 7.10 Gisma
- 7.10.1 Gisma Company Information
- 7.10.2 Gisma Introduction and Business Overview
- 7.10.3 Gisma Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Gisma Underwater Power Connector Product Offerings
- 7.10.5 Gisma Recent Development
- 7.11 Sea and Land Technologies
- 7.11.1 Sea and Land Technologies Company Information
- 7.11.2 Sea and Land Technologies Introduction and Business Overview
- 7.11.3 Sea and Land Technologies Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Sea and Land Technologies Underwater Power Connector Product Offerings
- 7.11.5 Sea and Land Technologies Recent Development
- 7.12 Fischer Connectors Connectors
- 7.12.1 Fischer Connectors Connectors Company Information
- 7.12.2 Fischer Connectors Connectors Introduction and Business Overview
- 7.12.3 Fischer Connectors Connectors Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Fischer Connectors Connectors Underwater Power Connector Product Offerings
- 7.12.5 Fischer Connectors Connectors Recent Development
- 7.13 Glenair
- 7.13.1 Glenair Company Information
- 7.13.2 Glenair Introduction and Business Overview
- 7.13.3 Glenair Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Glenair Underwater Power Connector Product Offerings
- 7.13.5 Glenair Recent Development
- 7.14 Hydro Group
- 7.14.1 Hydro Group Company Information
- 7.14.2 Hydro Group Introduction and Business Overview
- 7.14.3 Hydro Group Underwater Power Connector Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Hydro Group Underwater Power Connector Product Offerings
- 7.14.5 Hydro Group Recent Development
8 Industry Chain Analysis
- 8.1 Underwater Power Connector Industrial Chain
- 8.2 Underwater Power Connector Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Underwater Power Connector Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Underwater Power Connector Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer