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Subsea Systems - Global Market Trajectory & Analytics

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    Report

  • 412 Pages
  • July 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806319

FEATURED COMPANIES

  • Aker Solutions ASA
  • Baker Hughes, Inc.
  • Dril-Quip, Inc.
  • Kongsberg Gruppen ASA
  • National Oilwell Varco
  • OneSubsea

Global Subsea Systems Market to Reach $14.1 Billion by 2026


Subsea environment requires the use of a range of sophisticated technologies and systems that enable processing and production of hydrocarbons from offshore wells without the need for surface production activity. Subsea ecosystem comprises treating extracted hydrocarbons upstream of surface facilities below or on the seabed. Major activities undertaken are downhole and seabed oil/gas/water separation, seabed and downhole multi-phase pumping, gas compression, and flow assurance. Primary benefits of using subsea systems include improved recovery of oil and gas stocks, lowered costs pertaining to surface production, reduced chances of gas hydrate formation in flowlines, increased Net Present Value (NPV), and overall higher production. Subsea installations are either directly connected to onshore facilities, or tied to floating production units (FPSOs) which are floating platforms.

Subsea systems can be mainly grouped into two categories namely, Subsea Production Systems and Subsea Processing Systems. A subsea production system comprises various components including Drilling & Well Systems, Wellhead Systems and Christmas Trees, Manifolds, Jumpers, Umbilical Systems, Production Risers, Flowlines, Control Systems, Installation and Vessels, and Flow Assurance Technologies. Amid the COVID-19 crisis, the global market for Subsea Systems estimated at US$12.4 Billion in the year 2022, is projected to reach a revised size of US$14.1 Billion by 2026, growing at a CAGR of 3.5% over the analysis period. SURF, one of the segments analyzed in the report, is projected to record a 3.9% CAGR and reach US$4.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Subsea Trees segment is readjusted to a revised 2.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.7 Billion in 2022, While China is Forecast to Reach $962.3 Million by 2026


The Subsea Systems market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$962.3 Million by the year 2026 trailing a CAGR of 3.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Subsea systems market grew substantially over the past two decades, closely reflecting the trend in the world oil & gas industry, especially the offshore segment. Sustained emphasis on deepwater offshore activity for hydrocarbon extraction on the back of steady depletion of onshore and shallow water fields has created massive demand for subsea systems. Demand also grew amid a growing number of oil enterprises leaning towards leveraging subsea systems in deeper water plays than to engage in easily accessible, oil rich onshore and near-shore sites in countries such as Venezuela, Iran and Iraq, which in recent years have become unpredictable environments for investors due to geo-political reasons. Rise of enhanced oil recovery (EOR) technologies supplementing the existing subsea techniques, is another major factor that contributed immensely to growth of subsea technologies market. Consequently, deployment of different types of subsea systems that aid in processing and production of hydrocarbons from offshore wells without the need for surface production activity such as well intervention, subsea processing, subsea boosting, and subsea tiebacks exhibited substantial expansion. Growth momentum remains intact across Subsea Production Technologies vertical including SURF (Subsea Umbilicals, Risers, Flowlines); Subsea Trees; Subsea Control Systems; and Subsea Manifolds; as well as Subsea Processing Technologies vertical comprising Subsea Boosting Systems; Subsea Separation Systems; Subsea Injection Systems; and Subsea Compression Systems.

Subsea Control Systems Segment to Reach $1.3 Billion by 2026


In the global Subsea Control Systems segment, USA, Canada, Japan, China and Europe will drive the 2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$633.9 Million will reach a projected size of US$727.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$77.2 Million by the year 2026.

Unmanned Systems Gain Prominence in Deepwater Subsea Inspection


As the oil and gas industry implements new technology in the oilfield to reduce the cost of operations, operators are eyeing autonomous technology such as Remotely Operated Vehicles (ROVs) for critical operations. The rising global expenditures in deepwater areas and subsea infrastructures are expected to augment efforts towards development of autonomous systems. There are several ongoing pilot programs that leverage autonomous robotics to lower the cost of inspection in deepwater subsea inspection. Unmanned and autonomous systems are beginning to take the center stage in subsea explorations as they extend the effectiveness of conventional technology. Robots offer real-time links to subsea vehicles and infrastructure, and enables vessels to focus on conducting more critical tasks. With advances in offshore technologies and development of complex subsea infrastructure, unmanned systems are expected to gain prominence in deepwater subsea inspection. These systems are specially designed using agile engineering processes to operate in extreme environment conditions. Notable examples of unmanned systems such as the Wave Glider are capable of gathering simple metocean data from a water depth of 6m. These long duration ocean robots capture data from seafloor sensors to provide insights in real-time at a much lower cost than conventional technology. Unmanned systems are poised to gain prominence in deepwater subsea inspection with widespread adoption of autonomous robotics to ensure safety and cost-effectiveness in offshore operations.

Select Competitors (Total 36 Featured):

  • Aker Solutions ASA
  • Baker Hughes, Inc.
  • Dril-Quip, Inc.
  • Kongsberg Gruppen ASA
  • McDermott International, Inc.
  • National Oilwell Varco
  • Oceaneering International, Inc.
  • OneSubsea
  • Parker Hannifin Corporation
  • Proserv Group Inc.
  • Saipem S.p.A.
  • Siemens AG
  • Subsea 7 S.A.
  • TechnipFMC plc

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to the digital archives
  • Complimentary updates for one year

FEATURED COMPANIES

  • Aker Solutions ASA
  • Baker Hughes, Inc.
  • Dril-Quip, Inc.
  • Kongsberg Gruppen ASA
  • National Oilwell Varco
  • OneSubsea

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19: A Looming Global Recession and Depressive Oil Industry Outlook for 2020
  • Massive Decline in Crude Oil Demand Pushes Oil Industry CAPEX and E&P Spending to Downward Trajectory
  • Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2020
  • World E&P Spending (in US$ Billion) for the Years 2016 through 2021
  • Breakdown of Global E&P Spending (in %) by Supply Segment for the Year 2019 & 2020
  • Breakdown of North American E&P Capital Spending (in %) by Type of Company for 2020
  • Breakdown of CAPEX Reductions (in US$ Billion) by Type of Oil Company in 1Q 2020
  • An Introduction to Subsea Systems
  • Subsea Systems: Current Market Scenario and Outlook
  • Recent Market Activity
  • Subsea Umbilicals, Risers, and Flowlines (SURF): Largest Product Segment
  • Subsea Trees Continue to Widen Addressable Market
  • Subsea Boosting Systems Exhibit Fastest Growth
  • Sustained Demand for Subsea Separation Systems
  • Control Systems Make a Cut
  • Manifolds Remain Highly Relevant
  • Market for Injection Systems & Compression Systems Will Continue to Grow
  • COVID-19 Pandemic Set to Dent Economic Growth Across All Regions, While Inducing Weakness Into Oil & Gas Sector
  • World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
  • Global Purchasing Managers' Index (PMI) Points for the Years 2018 through 2020
  • Competitive Scenario: A Consolidated Marketplace
  • Subsea Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Subsea Trees (Production System Type) Global Competitor Market Share Positioning for 2019
  • Subsea Boosting Systems (Processing System Type) Global Competitor Market Share Positioning for 2019
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Favorable Long-Term Forecasts for Oil & Gas Sector Instil Market Optimism
  • Top Countries with Proven Reserves of Crude Oil in Billion Barrels for the Years 2014-2019
  • Fossil Fuel Consumption to Remain Unperturbed Despite Rise of Renewables
  • Breakdown World Energy Demand (in %) by Fuel Type for the Years 2019 and 2040
  • Emphasis on Migration from Onshore to Offshore Operations to Augment Long-Term Growth Prospects
  • Offshore Oil and Gas Exploration & Production Expenditure Worldwide by Segment (2015-2019): Percentage Breakdown of Expenditure for Drilling, Engineering, Procurement, Construction, Installation (EPCI), Life of Field, Offshore Supply Vehicle, and Subsea
  • Growing Importance of Deep & Ultra Deep Water Hydrocarbon Exploration Instigates Robust Growth
  • New Offshore Projects Worldwide Prioritize Deep & Ultra Deep Water Exploration
  • Breakdown of Global Oil Production Volume by Onshore, Offshore, and Offshore Deepwater Activity for the Years 2011, 2015 and 2019
  • Subsea Capital Expenditure Worldwide by Depth of Installation (2019 & 2022): Percentage Breakdown of CAPEX for Installations at Depth of Below 99 Meters, 100-499, 500-999, 1000-1499, and 1500 Meters and Above
  • Rise of Sophisticated EOR Technologies Augments Subsea Systems Market
  • Brief Description of EOR Methods
  • A Glance at Select Chemical EOR Projects Worldwide
  • Technology Advancements Widen Scope & Span of Subsea Systems
  • A Brief Review of Technology Innovations in the Subsea Systems Domain
  • Digitalization and IoT Step-In to Revolutionize Subsea Landscape
  • Subsea Systems Market: Strongly Influenced by Trends in Oil Prices
  • Crude Prices Tumble as Covid-19 Pandemic Weakens Demand
  • Average Annual OPEC Crude Oil Prices (in US$ per Barrel) for Years 2010 through 2021
  • OPEC Steps In with Production Cut Strategy to Curb Declining Trend in Crude Prices
  • A Glimpse of OPEC’s April 2020 Production Cut Deal
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Subsea Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 2: World Historic Review for Subsea Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 3: World 15-Year Perspective for Subsea Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
  • TABLE 4: World Recent Past, Current & Future Analysis for SURF by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 5: World Historic Review for SURF by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 6: World 15-Year Perspective for SURF by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • TABLE 7: World Recent Past, Current & Future Analysis for Subsea Trees by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 8: World Historic Review for Subsea Trees by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 9: World 15-Year Perspective for Subsea Trees by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • TABLE 10: World Recent Past, Current & Future Analysis for Subsea Control Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 11: World Historic Review for Subsea Control Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 12: World 15-Year Perspective for Subsea Control Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • TABLE 13: World Recent Past, Current & Future Analysis for Subsea Manifolds by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 14: World Historic Review for Subsea Manifolds by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 15: World 15-Year Perspective for Subsea Manifolds by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • TABLE 16: World Recent Past, Current & Future Analysis for Subsea Boosting Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 17: World Historic Review for Subsea Boosting Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 18: World 15-Year Perspective for Subsea Boosting Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • TABLE 19: World Recent Past, Current & Future Analysis for Subsea Separation Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 20: World Historic Review for Subsea Separation Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 21: World 15-Year Perspective for Subsea Separation Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • TABLE 22: World Recent Past, Current & Future Analysis for Subsea Injection Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 23: World Historic Review for Subsea Injection Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 24: World 15-Year Perspective for Subsea Injection Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • TABLE 25: World Recent Past, Current & Future Analysis for Subsea Compression Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 26: World Historic Review for Subsea Compression Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 27: World 15-Year Perspective for Subsea Compression Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • TABLE 28: USA Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 29: USA Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 30: USA 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
CANADA
  • TABLE 31: Canada Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 32: Canada Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 33: Canada 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
JAPAN
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • TABLE 34: Japan Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 35: Japan Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 36: Japan 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
CHINA
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • TABLE 37: China Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 38: China Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 39: China 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
EUROPE
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • TABLE 40: Europe Recent Past, Current & Future Analysis for Subsea Systems by Geographic Region - France, Germany, Italy, UK, Norway and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • TABLE 41: Europe Historic Review for Subsea Systems by Geographic Region - France, Germany, Italy, UK, Norway and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 42: Europe 15-Year Perspective for Subsea Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Norway and Rest of Europe Markets for Years 2012, 2021 & 2027
  • TABLE 43: Europe Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 44: Europe Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 45: Europe 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
FRANCE
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
  • TABLE 46: France Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 47: France Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 48: France 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
GERMANY
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
  • TABLE 49: Germany Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 50: Germany Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 51: Germany 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
ITALY
  • TABLE 52: Italy Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 53: Italy Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 54: Italy 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
UNITED KINGDOM
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • TABLE 55: UK Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 56: UK Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 57: UK 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
NORWAY
  • TABLE 58: Norway Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 59: Norway Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 60: Norway 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
REST OF EUROPE
  • TABLE 61: Rest of Europe Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 62: Rest of Europe Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 63: Rest of Europe 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
ASIA-PACIFIC
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Indian Hydrocarbon Sector Demands Investments in Deep & Ultra-Deep Water Oil & Gas Fields for Energy Security
  • TABLE 64: Asia-Pacific Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 65: Asia-Pacific Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 66: Asia-Pacific 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
LATIN AMERICA
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
  • South America's Deep & Ultra Deep Water Exploration & Production Market: A Brief Note
  • TABLE 67: Latin America Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 68: Latin America Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 69: Latin America 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
MIDDLE EAST
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
  • TABLE 70: Middle East Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 71: Middle East Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 72: Middle East 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
AFRICA
  • Subsea Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
  • TABLE 73: Africa Recent Past, Current & Future Analysis for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • TABLE 74: Africa Historic Review for Subsea Systems by Type - SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • TABLE 75: Africa 15-Year Perspective for Subsea Systems by Type - Percentage Breakdown of Value Sales for SURF, Subsea Trees, Subsea Control Systems, Subsea Manifolds, Subsea Boosting Systems, Subsea Separation Systems, Subsea Injection Systems and Subsea Compression Systems for the Years 2012, 2021 & 2027
IV. COMPETITION
  • Total Companies Profiled: 36

A selection of companies mentioned in this report includes:

  • Aker Solutions ASA
  • Baker Hughes, Inc.
  • Dril-Quip, Inc.
  • Kongsberg Gruppen ASA
  • McDermott International, Inc.
  • National Oilwell Varco
  • Oceaneering International, Inc.
  • OneSubsea
  • Parker Hannifin Corporation
  • Proserv Group Inc.
  • Saipem S.p.A.
  • Siemens AG
  • Subsea 7 S.A.
  • TechnipFMC plc