+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Subsea Systems Market, By Type (Subsea Production System & Subsea Processing System), By Subsea Production Component, By Subsea Processing Technology, By Region, Competition, Forecast & Opportunities, 2024

  • ID: 4793271
  • Report
  • Region: Global
  • 122 Pages
  • TechSci Research
UP TO OFF
until Dec 31st 2019
Free Webex Call

Speak directly to the analyst to clarify any post sales queries you may have.

10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

1 of 3
The Global Subsea Systems Market is Predicted to Grow at a CAGR of More Than 4% Over the Course of Next Five Years.

FEATURED COMPANIES

  • Aker Solutions
  • Dril-Quip Inc.
  • Mcdermott International
  • National Oilwell Varco
  • Onesubsea
  • Proserv Group Inc.
  • MORE
The Global Subsea Systems Market is predicted to grow at a CAGR of more than 4% over the course of next five years. The growth of the market for subsea systems is majorly attributable to the high energy demand coupled with continuous conventional onshore petroleum reserves depletion. Moreover, recovery of oil prices in the last few years is further leading to growth of subsea systems market globally. Additionally, exploration and production companies are investing greatly in offshore development projects, which is further anticipated to bolster growth of the market during forecast period.

In terms of type, the Global Subsea Systems Market is categorized into subsea processing system and subsea production system, of which the former is anticipated to grow at a healthy pace throughout the forecast period. The growth of this category is majorly attributable to the need for improving recovery rates in shallow water fields, particularly across the North Sea.

On the basis of regions, the Global Subsea Systems Market is categorized into Europe, Asia-Pacific, North America, South America and Middle East & Africa. Of all, North America is anticipated to witness the fastest growth during forecast period on account of rising investments in major oil producing countries in the region.

Players in the Global Subsea Systems Market are focusing on winning large number of contracts & agreements to increase their market size and strengthen their market foothold in the regional markets. Major players operating in the Global Subsea Systems Market are Subsea 7 SA, TechnipFMC Plc., GE Oil & Gas, Aker Solutions, Dril-Quip Inc., National Oilwell Varco, Oceaneering International Inc., among others.

Years considered for this report:
  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020-2024
Objective of the Study:
  • To analyze and forecast the Global Subsea Systems Market size.
  • To forecast the Global Subsea Systems Market based on type, subsea production component, subsea processing technology and regional distribution.
  • To identify drivers and challenges for the Global Subsea Systems Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc. in the Global Subsea Systems Market.
  • To conduct pricing analysis for the Global Subsea Systems Market.
  • To identify and analyze the profile of leading players operating in the Global Subsea Systems Market.
Some of the leading players in the Global Subsea Systems Market are Subsea 7 SA, TechnipFMC Plc., GE Oil & Gas, Aker Solutions, Dril-Quip Inc., National Oilwell Varco, Oceaneering International, Inc., Kongsberg Gruppen, Nexans SA, Parker Hannifin Corporation, Vallourec, Onesubsea, Twister BV, Proserv Group Inc., etc.

The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of subsea system providers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they were able to include the developers which could not be identified due to the limitations of secondary research. They analyzed the product offerings and presence of all major subsea system developers across the globe.

The author calculated the Global Subsea Systems Market size using a top down and bottom-up approach, wherein data for various application across various end-user segments was recorded and forecast for the future years. they sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:
  • Subsea systems manufacturers/suppliers
  • Subsea systems end-user industries
  • Organizations, forums and alliances related to subsea systems market
  • Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers/suppliers, partners and end-users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, the Global Subsea Systems Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Type:
  • Subsea Production System
  • Subsea Processing System
Market, By Subsea Production Component:
  • SURF (Subsea Umbilicals, Risers, Flowlines)
  • Subsea Trees
  • Subsea Control System
  • Subsea Manifolds
Market, By Subsea Processing Technology:
  • Subsea Boosting System
  • Subsea Separation System
  • Subsea Injection System
  • Subsea Compression System
Market, by Region:
  • North America
  • United States
  • Mexico
  • Canada
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Iran
  • Nigeria
  • Asia-Pacific
  • China
  • Thailand
  • India
  • Indonesia
  • Malaysia
  • Europe
  • Russia
  • Norway
  • United Kingdom
  • Denmark
  • Germany
  • South America
  • Brazil
  • Argentina
  • Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Subsea Systems Market.

Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Aker Solutions
  • Dril-Quip Inc.
  • Mcdermott International
  • National Oilwell Varco
  • Onesubsea
  • Proserv Group Inc.
  • MORE
1. Product Overview

2. Product Overview

3. Research Methodology

4. Executive Summary

5. Voice of Customer
5.1. Factors considered while selecting a supplier
5.2. Product awareness and applicability & usage analysis
5.3. Challenges/issues faced post purchase
5.4. Unmet needs

6. Global Subsea Systems Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type [Subsea Production System; Subsea Processing System]
6.2.2. By Subsea Production Component [SURF (Subsea Umbilicals, Risers, Flowlines); Subsea Trees; Subsea Control System; Subsea Manifolds]
6.2.3. By Subsea Processing Technology [Subsea Boosting System; Subsea Separation System; Subsea Injection System; Subsea Compression System]
6.2.4. By Region [North America; MEA; Asia-Pacific; Europe; South America]
6.2.5. By Company [2018]
6.3. Market Attractiveness Index [By Type; By Subsea Production Component; By Subsea Processing Technology; By Region]

7. North America Subsea Systems Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Subsea Production Component
7.2.3. By Subsea Processing Technology
7.2.4. By Country
7.3. United States Subsea Systems Market Outlook
7.3.1. Market Size & Forecast
7.3.1.1. By Value
7.3.2. Market Share & Forecast
7.3.2.1. By Type
7.3.2.2. By Subsea Production Component
7.4. Canada Subsea Systems Market Outlook
7.4.1. Market Size & Forecast
7.4.1.1. By Value
7.4.2. Market Share & Forecast
7.4.2.1. By Type
7.4.2.2. By Subsea Production Component
7.5. Mexico Subsea Systems Market Outlook
7.5.1. Market Size & Forecast
7.5.1.1. By Value
7.5.2. Market Share & Forecast
7.5.2.1. By Type
7.5.2.2. By Subsea Production Component

8. Middle East and Africa Subsea Systems Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Subsea Production Component
8.2.3. By Subsea Processing Technology
8.2.4. By Country
8.3. Saudi Arabia Subsea Systems Market Outlook
8.3.1. Market Size & Forecast
8.3.1.1. By Value
8.3.2. Market Share & Forecast
8.3.2.1. By Type
8.3.2.2. By Subsea Production Component
8.4. UAE Subsea Systems Market Outlook
8.4.1. Market Size & Forecast
8.4.1.1. By Value
8.4.2. Market Share & Forecast
8.4.2.1. By Type
8.4.2.2. By Subsea Production Component
8.5. Iran Subsea Systems Market Outlook
8.5.1. Market Size & Forecast
8.5.1.1. By Value
8.5.2. Market Share & Forecast
8.5.2.1. By Type
8.5.2.2. By Subsea Production Component
8.6. Nigeria Subsea Systems Market Outlook
8.6.1. Market Size & Forecast
8.6.1.1. By Value
8.6.2. Market Share & Forecast
8.6.2.1. By Type
8.6.2.2. By Subsea Production Component

9. Asia-Pacific Subsea Systems Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Subsea Production Component
9.2.3. By Subsea Processing Technology
9.2.4. By Country
9.3. China Subsea Systems Market Outlook
9.3.1. Market Size & Forecast
9.3.1.1. By Value
9.3.2. Market Share & Forecast
9.3.2.1. By Type
9.3.2.2. By Subsea Production Component
9.4. Thailand Subsea Systems Market Outlook
9.4.1. Market Size & Forecast
9.4.1.1. By Value
9.4.2. Market Share & Forecast
9.4.2.1. By Type
9.4.2.2. By Subsea Production Component
9.5. India Subsea Systems Market Outlook
9.5.1. Market Size & Forecast
9.5.1.1. By Value
9.5.2. Market Share & Forecast
9.5.2.1. By Type
9.5.2.2. By Subsea Production Component
9.6. Indonesia Subsea Systems Market Outlook
9.6.1. Market Size & Forecast
9.6.1.1. By Value
9.6.2. Market Share & Forecast
9.6.2.1. By Type
9.6.2.2. By Subsea Production Component
9.7. Malaysia Subsea Systems Market Outlook
9.7.1. Market Size & Forecast
9.7.1.1. By Value
9.7.2. Market Share & Forecast
9.7.2.1. By Type
9.7.2.2. By Subsea Production Component

10. Europe Subsea Systems Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Subsea Production Component
10.2.3. By Subsea Processing Technology
10.2.4. By Country
10.3. Russia Subsea Systems Market Outlook
10.3.1. Market Size & Forecast
10.3.1.1. By Value
10.3.2. Market Share & Forecast
10.3.2.1. By Type
10.3.2.2. By Subsea Production Component
10.4. Norway Subsea Systems Market Outlook
10.4.1. Market Size & Forecast
10.4.1.1. By Value
10.4.2. Market Share & Forecast
10.4.2.1. By Type
10.4.2.2. By Subsea Production Component
10.5. United Kingdom Subsea Systems Market Outlook
10.5.1. Market Size & Forecast
10.5.1.1. By Value
10.5.2. Market Share & Forecast
10.5.2.1. By Type
10.5.2.2. By Subsea Production Component
10.6. Denmark Subsea Systems Market Outlook
10.6.1. Market Size & Forecast
10.6.1.1. By Value
10.6.2. Market Share & Forecast
10.6.2.1. By Type
10.6.2.2. By Subsea Production Component
10.7. Germany Subsea Systems Market Outlook
10.7.1. Market Size & Forecast
10.7.1.1. By Value
10.7.2. Market Share & Forecast
10.7.2.1. By Type
10.7.2.2. By Subsea Production Component

11. South America Subsea Systems Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By Subsea Production Component
11.2.3. By Subsea Processing Technology
11.2.4. By Country
11.3. Brazil Subsea Systems Market Outlook
11.3.1. Market Size & Forecast
11.3.1.1. By Value
11.3.2. Market Share & Forecast
11.3.2.1. By Type
11.3.2.2. By Subsea Production Component
11.4. Argentina Subsea Systems Market Outlook
11.4.1. Market Size & Forecast
11.4.1.1. By Value
11.4.2. Market Share & Forecast
11.4.2.1. By Type
11.4.2.2. By Subsea Production Component
11.5. Colombia Subsea Systems Market Outlook
11.5.1. Market Size & Forecast
11.5.1.1. By Value
11.5.2. Market Share & Forecast
11.5.2.1. By Type
11.5.2.2. By Subsea Production Component

12. Market Dynamics
12.1. Drivers
12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles
14.2.1. Basic Details
14.2.2. Financials (As reported)
14.2.3. Supply Chain Analysis
14.2.4. Key Market Focus and Geographical Presence
14.2.5. Planned Investments
14.2.6. Pricing of Target Products
14.2.7. Market positioning
14.3. Global Players Profiled (Leading Companies)
14.3.1 Subsea 7 SA
14.3.2 TechnipFMC Plc.
14.3.3 Baker Hughes, a GE Company LLC
14.3.4 Aker Solutions
14.3.5 Dril-Quip Inc.
14.3.6 National Oilwell Varco
14.3.7 Oceaneering International, Inc.
14.3.8 Mcdermott International
14.3.9 Onesubsea
14.3.10 Proserv Group Inc.
(Note: The companies list can be customized based on the client requirements)

15. Strategic Recommendations
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Subsea 7 SA
  • TechnipFMC Plc.
  • Baker Hughes, a GE Company LLC
  • Aker Solutions
  • Dril-Quip Inc.
  • National Oilwell Varco
  • Oceaneering International, Inc.
  • Mcdermott International
  • Onesubsea
  • Proserv Group Inc.
Note: Product cover images may vary from those shown
Adroll
adroll