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Subsea Systems Market

Subsea Systems Market - Industry Trends, Opportunities and Forecasts to 2023

  • $3,600.00
  • Publishing Date: December 2016
  • Format: Word Doc
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The subsea systems market is expected to grow at a CAGR of 1.84%, increasing from US$13.869 billion in 2017 to US$15.476 billion in 2023. Subsea systems are located on the seabed in shallow or deep water to enhance the oil recovery process by offering cost effective solutions for the process and helping in maintaining the stability of offshore basins. Growing focus on deep sea drilling in many regions is increasing the demand for subsea systems among the companies. Increasing demand for oil and gas across the globe, on account of rapidly growing urbanization and industrialization, will continue to drive with itself the rate of exploration and production activities. As exploration continues, many reserves of oil and gas are being discovered in many regions. Favourable environment for oil and gas extraction in many parts along with huge investments streaming into this industry in many regions will continue to fuel the drive the demand for subsea systems, thus augmenting their market growth. Americas and Middle East and Africa hold a significant share in the global market on account of continuing exploration and production activities in this region.

Research Methodology

This section provides an anatomy of the research process followed for calculating market size and forecasts along with a list of the secondary data sources used and the primary inputs which were taken for data validation. It also provides an outline of the various segmentations which have been covered as part of the report.

Market Dynamics

This section explains the entire market along with various drivers, restraints and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

Segmentation

Subsea systems market has been segmented on the basis of type and components, and geography as follows:

  • By Type and Components
    • Subsea Production System
      • Subsea Drilling Systems
      • Subsea Manifolds and Jumper Systems
      • Subsea Christmas Trees and Wellhead Systems
      • Control Systems
      • Others
    • Subsea Processing System
      • Separators
      • Boosters
      • Others
  • By Geography
    • Americas
      • North America
      • South America
    • Europe Middle East and Africa
      • Europe
      • The Middle East and Africa
    • Asia Pacific

Market Players

The competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Aker Solutions, GE Oil & Gas, National Oilwell Varco, FMC Technologies, Inc., Dril-Quip, Inc. and Schlumberger Limited among others.

1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentations
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Porter's Five Forces
4.6. Supplier Outlook
4.7. Industry Outlook
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis
5. Subsea Systems Market Forecast by Type and Components (US$ billion)
5.1. Subsea Production System
5.1.1. Subsea Drilling Systems
5.1.2. Subsea Manifolds and Jumper Systems
5.1.3. Subsea Christmas Trees and Wellhead Systems
5.1.4. Control Systems
5.1.5. Others
5.2. Subsea Processing System
5.2.1. Separators
5.2.2. Boosters
5.2.3. Others
6. Subsea Systems Market By Geography (US$ billion)
6.1. Americas
6.1.1. North America
6.1.2. South America
6.2. Europe Middle East and Africa
6.2.1. Europe
6.2.2. The Middle East and Africa
6.3. Asia Pacific
7. Competitive Intelligence
7.1. Market Share of Key Players
7.2. Investment Analysis
7.3. Recent Deals
7.4. Strategies of Key Players
8. Company Profiles
8.1. Aker Solutions
8.2. GE Oil & Gas
8.3. National Oilwell Varco
8.4. FMC Technologies, Inc.
8.5. Dril-Quip, Inc.
8.6. PARKER HANNIFIN CORP
8.7. Expro Group
8.8. Schlumberger Limited

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