Global Subsea Umbilicals, Risers, and Flow Lines (SURF) Market 2017-2021 - Product Image

Global Subsea Umbilicals, Risers, and Flow Lines (SURF) Market 2017-2021

  • ID: 4427356
  • Report
  • Region: Global
  • 76 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Dril-Quip
  • General Electric Company
  • National Oilwell Varco
  • Parker Hannifin
  • Schlumberger (OneSubsea)
  • MORE
About Subsea Umbilicals Risers and Flowlines (SURF)

Subsea umbilicals, riser, and flow lines act as a vital link between various operation centers in subsea drilling. They are designed to withstand high mechanical and chemical stresses and high operating temperatures and pressures to ensure the continuous and reliable supply of services in challenging environmental conditions below the sea. The global SURF market is highly dependent on the growth of the upstream oil and gas industry, which, in turn, is dependent on global crude oil prices.

The analysts forecast the global subsea umbilicals risers and flowlines (SURF) market to grow at a CAGR of 7.84% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global subsea umbilicals risers and flowlines (SURF) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Subsea Umbilicals Risers and Flowlines (SURF) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • Aker Solutions
  • Prysmian Group
  • Schlumberger (OneSubsea)
  • TechnipFMC
Other prominent vendors
  • ABB
  • Airborne Oil and Gas
  • Dril-Quip
  • EMAS Offshore
  • FMC Technologies
  • General Electric Company
  • Kongsberg Gruppen
  • McDermott International
  • National Oilwell Varco
  • Nexans
  • Oceaneering International
  • Parker Hannifin
  • Saipem
  • Siemens
  • Subsea 7
  • VALLOUREC
Market drivers
  • Deepwater drilling turns economical
  • For a full, detailed list, view the full report
Market challenges
  • Uncertainties associated with low crude oil prices
  • For a full, detailed list, view the full report
Market Trends
  • New-generation automated drilling rigs
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Dril-Quip
  • General Electric Company
  • National Oilwell Varco
  • Parker Hannifin
  • Schlumberger (OneSubsea)
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product type
  • Market share
  • Flow lines
  • Umbilicals
  • Risers
PART 07: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas – market size & forecast
  • EMEA – market size & forecast
  • APAC – market size & forecast
  • Market opportunity
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • New-generation automated drilling rigs
  • Laser drilling technology in oil and gas industry
PART 11: VENDOR LANDSCAPE
  • Competitive scenario
  • Other prominent vendors
PART 12: KEY VENDOR ANALYSIS
  • Aker Solutions
  • Prysmian Group
  • Schlumberger (OneSubsea)
  • TechnipFMC
PART 13: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Basic functions of subsea umbilicals, risers, and flow lines
Exhibit 02: Current market scenario and future projections of each product type
Exhibit 03: Current market scenario and future projections of each region
Exhibit 04: Global SURF market
Exhibit 05: Global SURF market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global SURF market by product type 2016 (%)
Exhibit 08: Global SURF market by product type 2021 (%)
Exhibit 09: Change in market share during the forecast period
Exhibit 10: Global SURF market by flow lines 2016-2021 ($ billions)
Exhibit 11: Global SURF market by umbilicals 2016-2021 ($ billions)
Exhibit 12: Global SURF market by risers ($ billions)
Exhibit 13: Different types of risers used in oil and gas industry
Exhibit 14: Americas – market size & forecast
Exhibit 15: Regional comparison
Exhibit 16: Americas – market size & forecast
Exhibit 17: Americas – Year-over-year growth
Exhibit 18: Top 3 countries in Americas
Exhibit 19: EMEA – market size & forecast
Exhibit 20: EMEA – Year-over-year growth
Exhibit 21: Top 3 countries in EMEA
Exhibit 22: APAC – market size & forecast
Exhibit 23: APAC – Year-over-year growth
Exhibit 24: Top 3 countries in APAC
Exhibit 25: Global liquid fuel consumption 2007-2018 (mbpd)
Exhibit 26: Global crude oil price volatility over last decade
Exhibit 27: Aker Solutions: Product portfolio
Exhibit 28: Prysmian Group: Product portfolio
Exhibit 29: Schlumberger (OneSubsea): Product portfolio
Exhibit 30: TechnipFMC: Product portfolio
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FEATURED COMPANIES

  • ABB
  • Dril-Quip
  • General Electric Company
  • National Oilwell Varco
  • Parker Hannifin
  • Schlumberger (OneSubsea)
  • MORE
New Report Released: – Global Subsea Umbilicals Risers and Flowlines (SURF) Market 2017-2021

The author of the report recognizes the following companies as the key players in the global subsea umbilicals risers and flowlines (SURF) market: Aker Solutions, Prysmian Group, Schlumberger (OneSubsea), and TechnipFMC.

Other Prominent Vendors in the market are: ABB, Airborne Oil and Gas, Dril-Quip, EMAS Offshore, FMC Technologies, General Electric Company, Kongsberg Gruppen, McDermott International, National Oilwell Varco, Nexans, Oceaneering International, Parker Hannifin, Saipem, Siemens, Subsea 7, and VALLOUREC.

Commenting on the report, an analyst from the research team said: “One trend in the market is new-generation automated drilling rigs. The recent slump in crude oil prices, which started in July 2014, has led to reduced capital expenditure for exploration activities. The decline in crude oil prices continues to shrink profit margins of upstream companies, thus calling for improving operational efficiencies.”

According to the report, one driver in the market is deepwater drilling turns economical. Oil companies have been exploring oil in far-flung locations since the time conventional oil reserves started to deplete, extracting oil from ultra-deepwater, Arctic offshore, and heavy oil sands. This required significant investments and advanced technologies. The shale boom that led to a sharp decline in oil prices in mid-2014 made it difficult for companies operating in deepwater to extract oil feasibly. Since crude oil prices slipped below the $50/barrel mark, it became almost impossible for companies drilling in deepwater to break-even, since costs incurred in deep sea drilling were high.

Further, the report states that one challenge in the market is uncertainties associated with low crude oil prices. Crude oil has always been one of the most volatile commodities. This volatility in crude oil prices can be attributed to the complex and interweaved value chains and supply chain arrangements that are a result of the over-dependence of almost all world economies on oil. The price of crude oil has witnessed several ups and downs in the past decades. The rise and fall in crude oil prices have followed a vague trend over the past few years, which is now identified as the crude oil price cycle.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Aker Solutions
  • Prysmian Group
  • Schlumberger (OneSubsea)
  • TechnipFMC
  • ABB
  • Airborne Oil and Gas
  • Dril-Quip
  • EMAS Offshore
  • FMC Technologies
  • General Electric Company
  • Kongsberg Gruppen
  • McDermott International
  • National Oilwell Varco
  • Nexans
  • Oceaneering International
  • Parker Hannifin
  • Saipem
  • Siemens
  • Subsea 7
  • VALLOUREC
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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