Global Subsea Manifolds Market to Reach $6.1 Billion by 2030
The global market for Subsea Manifolds estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$6.1 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Production, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$3.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Injection segment is readjusted to a revised 5.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 4.8% CAGR
The Subsea Manifolds market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.Select Competitors (Total 46 Featured) -
- ABB Ltd.
- Aker Solutions ASA
- Baker Hughes, Inc.
- Dril-Quip, Inc.
- General Electric Company
- ITT Bornemann GmbH
- Onesubsea
- Siemens AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- 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 digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Aker Solutions ASA
- Baker Hughes, Inc.
- Dril-Quip, Inc.
- General Electric Company
- ITT Bornemann GmbH
- Onesubsea
- Siemens AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 246 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4.2 Billion |
Forecasted Market Value ( USD | $ 6.1 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |