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Subsea Systems Market to Witness Huge Growth by 2025 : Technip , FMC Technologies , GE Oil & Gas

Subsea Systems Market Demand, Growth and Forecast to 2025

 

Edison, NJ -- (SBWIRE) -- 04/29/2019 -- A new research document is added in HTF MI database of 109 pages, titled as 'Global Subsea Systems Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) and important players/vendors such as Subsea 7 (United Kingdom) , Technip (France) , FMC Technologies (United States) , GE Oil & Gas (United States) , Aker Solutions (Norway) , Dril-Quip (United States) , National Oilwell Varco (United States) , Oceaneering (United States) , Kongsberg Gruppen (Norway) and Nexans (France) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Parker Hannifin (United States) , Vallourec (France) , Onesubsea (United States) and Proserv (United States).The report will help you gain market insights, future trends and growth prospects for forecast period of 2025.

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Summary
Scope of the Study
The subsystems which are positioned on the seabed in deep or shallow water to improve the oil extraction and recovery process are known as Subsea Systems. These systems assist in providing cost effective solutions and assists in maintaining the stability of the respective basins. With increase in industrialization as well as rising automation has ultimately effected on up-surging demand for oil and gas products. This will help in fueling the growth of global subsea systems market.. The market study is being classified by Type (Subsea Production System and Subsea Processing System), by Application (Subsea processing , Subsea chemical distribution and Subsea power distribution) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .

Subsea 7 (United Kingdom) , Technip (France) , FMC Technologies (United States) , GE Oil & Gas (United States) , Aker Solutions (Norway) , Dril-Quip (United States) , National Oilwell Varco (United States) , Oceaneering (United States) , Kongsberg Gruppen (Norway) and Nexans (France) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Parker Hannifin (United States) , Vallourec (France) , Onesubsea (United States) and Proserv (United States).

Market Drivers

Enhancement in Deep Water Drilling Activities
Increasing Marine Infrastructures and Under Water Research and Development

Market Trend

Subsystems with Optimized Drilling Processes and Production Planning
Adoption of Highly Automated and Safety Subsea Systems

Restraints

Comparatively Expensive Marine and Underwater Equipment
Continues Maintenance of Subsea Systems Required

Opportunities
Increasing Demand for Oil and Gas Products and Rising Investment in Subsea Systems

The hydrocarbons' extraction and transport from offshore environments is a hazardous activity due to the operational difficulties and unfriendly environments. The regulatory authorities and the respective industry associations should safeguard & keep a balance between risk and project economics. After the Deepwater Horizon accident in 2010, there has been growing focus in many countries, especially in the developed countries like United States on safety and environmental aspects of offshore oil and gas oper
On 26th November 2018, Subsea 7 S.A. has announced the award of a sizeable three-year extension of an existing DSVi frame agreement, with seven North Sea clients including Chevron North Sea Limited, Dana Petroleum (E&P) Limited, Hess Denmark APS, Nexen Petroleum U.K. Limited, Repsol Sinopec Energy UK Limited, Shell UK Limited and TAQA Bratani Limited. In addition to this agreement it has announced a contract on the Jubilee field offshore Ghana to work in water depths of up to 1000 meters.

Key Target Audience

Underwater Research Associations
Drilling Contractors and Production Planning Consultancies
Government and research organizations
Institutional investors
National and local government organizations
National Oil Companies (NOCs)
Oilfield service companies
Private E&P companies
Subsea systems equipment manufacturers
Others

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Table of Contents

1 Market Overview

1.1 Subsea Systems Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook (2013-2023)

1.4.1.2 Canada Market States and Outlook (2013-2023)

1.4.1.3 Mexico Market States and Outlook (2013-2023)

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook (2013-2023)

1.4.2.2 France Market States and Outlook (2013-2023)

1.4.2.3 UK Market States and Outlook (2013-2023)

1.4.2.4 Russia Market States and Outlook (2013-2023)

1.4.2.5 Italy Market States and Outlook (2013-2023)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook (2013-2023)

1.4.3.2 Japan Market States and Outlook (2013-2023)

1.4.3.3 Korea Market States and Outlook (2013-2023)

1.4.3.4 India Market States and Outlook (2013-2023)

1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook (2013-2023)

1.4.4.2 Egypt Market States and Outlook (2013-2023)

1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)

1.4.4.4 South Africa Market States and Outlook (2013-2023)

1.4.4.5 Nigeria Market States and Outlook (2013-2023)

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

2.1.1 Business Overview

2.1.2 Subsea Systems Type and Applications

2.1.3 Subsea Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

3 Global Subsea Systems Market Competition, by Manufacturer

3.1 Global Subsea Systems Sales and Market Share by Manufacturer (2016-2017)

3.2 Global Subsea Systems Revenue and Market Share by Manufacturer (2016-2017)

3.3 Global Subsea Systems Price by Manufacturer (2016-2017)

3.4 Market Concentration Rate

3.4.1 Top 3 Subsea Systems Manufacturer Market Share in 2017

3.4.2 Top 5 Subsea Systems Manufacturer Market Share in 2017

3.5 Market Competition Trend

4 Global Subsea Systems Market Analysis by Regions

4.1 Global Subsea Systems Sales, Revenue and Market Share by Regions

4.1.1 Global Subsea Systems Sales by Regions (2013-2018)

4.1.2 Global Subsea Systems Revenue by Regions (2013-2018)

4.2 North America Subsea Systems Sales, Revenue and Growth Rate (2013-2018)

4.3 Europe Subsea Systems Sales, Revenue and Growth Rate (2013-2018)

4.4 Asia-Pacific Subsea Systems Sales, Revenue and Growth Rate (2013-2018)

4.5 South America Subsea Systems Sales, Revenue and Growth Rate (2013-2018)

4.6 Middle East and Africa Subsea Systems Sales, Revenue and Growth Rate (2013-2018)

....Continued

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