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Steel Tube Umbilicals Global Market Report 2025

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    Report

  • 175 Pages
  • July 2025
  • Region: Global
  • The Business Research Company
  • ID: 6104590
The steel tube umbilicals market size has grown rapidly in recent years. It will grow from $0.89 billion in 2024 to $0.99 billion in 2025 at a compound annual growth rate (CAGR) of 11.4%. The growth during the historic period can be credited to an increasing emphasis on subsea automation, the expansion of offshore wind energy projects, the replacement of aging offshore infrastructure, a rising demand for integrated control systems, and the growth of deep-sea mineral exploration activities.

The steel tube umbilicals market size is expected to see rapid growth in the next few years. It will grow to $1.52 billion in 2029 at a compound annual growth rate (CAGR) of 11.3%. The growth projected for the forecast period is driven by rising investments in offshore energy, increasing demand for remotely operated subsea systems, the expanding need for underwater data transmission, and a stronger focus on energy transition and sustainability. Key trends expected during this period include advancements in hybrid umbilical designs, improvements in materials for enhanced corrosion resistance, development of smart monitoring systems, innovations in lightweight composite structures, and progress in deepwater deployment techniques.

The increasing offshore oil and gas production is expected to drive the growth of the steel tube umbilicals market in the coming years. Offshore oil and gas production involves extracting oil and natural gas from beneath the ocean floor. This growth is supported by advancements in technology that enable access to deeper underwater reserves. Steel tube umbilicals play a crucial role by safely transmitting power, control signals, and fluids to subsea equipment, facilitating deeper and more efficient operations. For example, in September 2024, the U.S. Energy Information Administration (EIA), a US government agency, reported that crude oil production in the Gulf of Mexico (GOM) rose from 1.8 million barrels per day (b/d) in 2024 to 1.9 million b/d in 2025. Hence, the rising offshore oil and gas production is fueling the steel tube umbilicals market growth.

Leading companies in the steel tube umbilicals market are focusing on developing innovative solutions like stainless steel umbilicals to boost performance in harsh offshore environments. Stainless steel umbilicals consist of bundled stainless steel tubes that transport hydraulic fluids, chemicals, and control signals between surface facilities and subsea equipment in offshore oil and gas operations. For instance, in February 2024, Alleima, a materials technology company based in Sweden, introduced SAF 3007, a next-generation super-duplex stainless steel alloy designed specifically for subsea umbilicals. Building on the success of SAF 2507, SAF 3007 offers up to 15% higher yield strength, enabling lighter and thinner-walled umbilicals that reduce installation costs. With 30% chromium, 1% molybdenum, and 3.4% tungsten, it provides excellent corrosion resistance, especially post-welding. The alloy also excels in fatigue and burst strength tests and is produced with 84% recycled steel, supporting sustainability goals.

In March 2023, Aker Solutions, a Norway-based engineering and technology services firm, partnered with TUBACEX to supply high-performance umbilical tubes for major subsea projects on the Norwegian Continental Shelf. This collaboration aims to provide high-quality umbilical tubes to ensure reliable and efficient offshore production and control systems. TUBACEX is a Spain-based manufacturer specializing in seamless stainless steel and high-alloy tube umbilicals.

Major players in the steel tube umbilicals market are Schlumberger Limited, Baker Hughes Company, Halliburton Company, Prysmian S.p.A., Parker Hannifin Corporation, Nexans S.A., Saipem S.p.A., NOV Inc., TechnipFMC plc, Subsea 7 S.A., Vallourec S.A., Aker Solutions ASA, Oceaneering International Inc., Tubacex S.A., DeepOcean Group Holding B.V., Webco Industries Inc., JDR Cable Systems Ltd., Tratos Ltd., Fine Tubes Ltd., Ningbo Orient Wires & Cables Co. Ltd., MFX do Brasil Ltda.

North America was the largest region in the steel tube umbilicals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in steel tube umbilicals report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the steel tube umbilicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Steel tube umbilicals are subsea cables that combine steel tubes, electrical cables, and fiber optics to transport hydraulic fluids, chemicals, power, and communication signals between surface facilities and subsea equipment in offshore oil and gas operations. They provide high-pressure resistance and durability, making them vital for deepwater and challenging environmental conditions.

The primary types of steel tube umbilicals include single steel tube umbilicals, multi steel tube umbilicals, and composite steel tube umbilicals. A single steel tube umbilical features one steel tube that conveys fluids or signals between surface facilities and subsea equipment. These umbilicals are manufactured from materials such as carbon steel, stainless steel, and alloy steel. They are utilized in various applications, including the oil and gas industry, marine and offshore operations, renewable energy, and other subsea uses. They serve a wide range of end-use industries, including aerospace, automotive, construction, manufacturing, and telecommunications.

The steel tube umbilicals market research report is one of a series of new reports that provides steel tube umbilicals market statistics, including steel tube umbilicals industry global market size, regional shares, competitors with a steel tube umbilicals market share, detailed steel tube umbilicals market segments, market trends and opportunities, and any further data you may need to thrive in the steel tube umbilicals industry. This steel tube umbilicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The steel tube umbilicals market consists of sales of hydraulic lines, chemical injection lines, hang-off structures, protective sheathing, electrical cables, and fiber optic cables. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Steel Tube Umbilicals Market Characteristics3. Steel Tube Umbilicals Market Trends And Strategies4. Steel Tube Umbilicals Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Steel Tube Umbilicals Growth Analysis And Strategic Analysis Framework
5.1. Global Steel Tube Umbilicals PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Steel Tube Umbilicals Market Growth Rate Analysis
5.4. Global Steel Tube Umbilicals Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Steel Tube Umbilicals Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Steel Tube Umbilicals Total Addressable Market (TAM)
6. Steel Tube Umbilicals Market Segmentation
6.1. Global Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Single Steel Tube Umbilical
  • Multi Steel Tube Umbilical
  • Composite Steel Tube Umbilical
6.2. Global Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Carbon Steel
  • Stainless Steel
  • Alloy Steel
6.3. Global Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Oil And Gas Industry
  • Marine And Offshore Operations
  • Renewable Energy Sector
  • Subsea Applications
6.4. Global Steel Tube Umbilicals Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Aerospace
  • Automotive
  • Construction
  • Manufacturing
  • Telecommunications
6.5. Global Steel Tube Umbilicals Market, Sub-Segmentation Of Single Steel Tube Umbilical, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Hydraulic Single Steel Tube Umbilical
  • Electrical Single Steel Tube Umbilical
  • Hybrid Single Steel Tube Umbilical
6.6. Global Steel Tube Umbilicals Market, Sub-Segmentation Of Multi Steel Tube Umbilical, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Hydraulic Multi Steel Tube Umbilical
  • Electrical Multi Steel Tube Umbilical
  • Hybrid Multi Steel Tube Umbilical
6.7. Global Steel Tube Umbilicals Market, Sub-Segmentation Of Composite Steel Tube Umbilical, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Composite Hydraulic Steel Tube Umbilical
  • Composite Electrical Steel Tube Umbilical
  • Composite Hybrid Steel Tube Umbilical
7. Steel Tube Umbilicals Market Regional And Country Analysis
7.1. Global Steel Tube Umbilicals Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Steel Tube Umbilicals Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Steel Tube Umbilicals Market
8.1. Asia-Pacific Steel Tube Umbilicals Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Steel Tube Umbilicals Market
9.1. China Steel Tube Umbilicals Market Overview
9.2. China Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Steel Tube Umbilicals Market
10.1. India Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Steel Tube Umbilicals Market
11.1. Japan Steel Tube Umbilicals Market Overview
11.2. Japan Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Steel Tube Umbilicals Market
12.1. Australia Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Steel Tube Umbilicals Market
13.1. Indonesia Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Steel Tube Umbilicals Market
14.1. South Korea Steel Tube Umbilicals Market Overview
14.2. South Korea Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Steel Tube Umbilicals Market
15.1. Western Europe Steel Tube Umbilicals Market Overview
15.2. Western Europe Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Steel Tube Umbilicals Market
16.1. UK Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Steel Tube Umbilicals Market
17.1. Germany Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Steel Tube Umbilicals Market
18.1. France Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Steel Tube Umbilicals Market
19.1. Italy Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Steel Tube Umbilicals Market
20.1. Spain Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Steel Tube Umbilicals Market
21.1. Eastern Europe Steel Tube Umbilicals Market Overview
21.2. Eastern Europe Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Steel Tube Umbilicals Market
22.1. Russia Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Steel Tube Umbilicals Market
23.1. North America Steel Tube Umbilicals Market Overview
23.2. North America Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Steel Tube Umbilicals Market
24.1. USA Steel Tube Umbilicals Market Overview
24.2. USA Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Steel Tube Umbilicals Market
25.1. Canada Steel Tube Umbilicals Market Overview
25.2. Canada Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Steel Tube Umbilicals Market
26.1. South America Steel Tube Umbilicals Market Overview
26.2. South America Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Steel Tube Umbilicals Market
27.1. Brazil Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Steel Tube Umbilicals Market
28.1. Middle East Steel Tube Umbilicals Market Overview
28.2. Middle East Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Steel Tube Umbilicals Market
29.1. Africa Steel Tube Umbilicals Market Overview
29.2. Africa Steel Tube Umbilicals Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Steel Tube Umbilicals Market, Segmentation By Materials Used, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Steel Tube Umbilicals Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Steel Tube Umbilicals Market Competitive Landscape And Company Profiles
30.1. Steel Tube Umbilicals Market Competitive Landscape
30.2. Steel Tube Umbilicals Market Company Profiles
30.2.1. Schlumberger Limited Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Baker Hughes Company Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Halliburton Company Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Prysmian S.p.A. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Parker Hannifin Corporation Overview, Products and Services, Strategy and Financial Analysis
31. Steel Tube Umbilicals Market Other Major And Innovative Companies
31.1. Nexans S.A.
31.2. Saipem S.p.A.
31.3. NOV Inc.
31.4. TechnipFMC plc
31.5. Subsea 7 S.A.
31.6. Vallourec S.A.
31.7. Aker Solutions ASA
31.8. Oceaneering International Inc.
31.9. Tubacex S.A.
31.10. DeepOcean Group Holding B.V.
31.11. Webco Industries Inc.
31.12. JDR Cable Systems Ltd.
31.13. Tratos Ltd.
31.14. Fine Tubes Ltd.
31.15. Ningbo Orient Wires & Cables Co. Ltd.
32. Global Steel Tube Umbilicals Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Steel Tube Umbilicals Market34. Recent Developments In The Steel Tube Umbilicals Market
35. Steel Tube Umbilicals Market High Potential Countries, Segments and Strategies
35.1 Steel Tube Umbilicals Market In 2029 - Countries Offering Most New Opportunities
35.2 Steel Tube Umbilicals Market In 2029 - Segments Offering Most New Opportunities
35.3 Steel Tube Umbilicals Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright And Disclaimer

Executive Summary

Steel Tube Umbilicals Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on steel tube umbilicals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for steel tube umbilicals ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The steel tube umbilicals market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Single Steel Tube Umbilical; Multi Steel Tube Umbilical; Composite Steel Tube Umbilical
2) By Materials Used: Carbon Steel; Stainless Steel; Alloy Steel
3) By Application: Oil And Gas Industry; Marine And Offshore Operations; Renewable Energy Sector; Subsea Applications
4) By End-User Industry: Aerospace; Automotive; Construction; Manufacturing; Telecommunications

Subsegments:

1) By Single Steel Tube Umbilical: Hydraulic Single Steel Tube Umbilical; Electrical Single Steel Tube Umbilical; Hybrid Single Steel Tube Umbilical
2) By Multi Steel Tube Umbilical: Hydraulic Multi Steel Tube Umbilical; Electrical Multi Steel Tube Umbilical; Hybrid Multi Steel Tube Umbilical
3) By Composite Steel Tube Umbilical: Composite Hydraulic Steel Tube Umbilical; Composite Electrical Steel Tube Umbilical; Composite Hybrid Steel Tube Umbilical

Key Companies Profiled: Schlumberger Limited; Baker Hughes Company; Halliburton Company; Prysmian S.p.A.; Parker Hannifin Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Schlumberger Limited
  • Baker Hughes Company
  • Halliburton Company
  • Prysmian S.p.A.
  • Parker Hannifin Corporation
  • Nexans S.A.
  • Saipem S.p.A.
  • NOV Inc.
  • TechnipFMC plc
  • Subsea 7 S.A.
  • Vallourec S.A.
  • Aker Solutions ASA
  • Oceaneering International Inc.
  • Tubacex S.A.
  • DeepOcean Group Holding B.V.
  • Webco Industries Inc.
  • JDR Cable Systems Ltd.
  • Tratos Ltd.
  • Fine Tubes Ltd.
  • Ningbo Orient Wires & Cables Co. Ltd.
  • MFX do Brasil Ltda.