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Global Subsea Production Systems Market 2018-2022

Published on: Jan 2018 | From USD $3500 | Published By: INFINITI RESEARCH | Number Of Pages: 121

About Subsea Production Systems

The oil and gas sector has extended its reach from land-based drilling to the offshore segment to tap the richness of the earth covered by water. The environmental conditions in the offshore sector are challenging as they vary greatly from the onshore sector. There were two major developments witnessed as drillers approached oceans for producing crude oil and natural gas.

MIR's analysts forecast the global subsea production systems market to grow at a CAGR of 3.21% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global subsea production systems market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

MIR's report, Global Subsea Production Systems Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Aker Solutions
GENERAL ELECTRIC
National Oilwell Varco
Schlumberger
TechnipFMC
Other prominent vendors
Dril-Quip
Halliburton
Hunting
Nexans
Parker Hannifin
Prysmian Group
Siemens
SUBSEA 7
Trendsetter

Market driver
Increase in global rig count
For a full, detailed list, view our report

Market trend
ERD technology
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.


MIR Announces the Publication of its Research Report Global Subsea Production Systems Market 2018-2022

MIR recognizes the following companies as the key players in the global subsea production systems market: Aker Solutions, GENERAL ELECTRIC, National Oilwell Varco, Schlumberger, and TechnipFMC.

Other Prominent Vendors in the market are: Dril-Quip, Halliburton, Hunting, Nexans, Parker Hannifin, Prysmian Group, Siemens, SUBSEA 7, and Trendsetter.

Commenting on the report, an analyst from MIR's team said: One trend in the market is ERD technology. Extended reach drilling (ERD) well is defined as the well with step-out to ND (True vertical depth) ratio of 2:1 or higher. There are certain other factors taken into consideration such as key drilling challenges, water depth, and rig capabilities. Though the use of ERD technology in the current oil and gas market is not feasible, it is expected to be used in time, as using this technology is about the economics and demand in the market. In the last two years of low crude oil price, the operators have adopted this technology, which made the overall project commercially viable.

According to the report, one driver in the market is increase in global rig count. The upstream oil and gas industry is extremely reliant on the global crude oil prices. The recent crude oil price slump that started in mid-2014 severely affected the upstream industry. However, crude oil prices have now started to increase and are in the range of $50/W-$60/bbl. The decline in upstream operations was evident from the fact that the global active rig count had fallen dramatically. Reduced operations worldwide impacted major oil and gas exploration as well as service provider companies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.MIR.com/report/global-subsea-production-systems-market-analysis-share-2018

MIR, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- https://www.MIR.com/industries/oil-and-gas




Companies Mentioned are - Aker Solutions, GENERAL ELECTRIC, National Oilwell Varco, Schlumberger, TechnipFMC, Dril-Quip, Halliburton, Hunting, Nexans, Parker Hannifin, Prysmian Group, Siemens, SUBSEA 7, and Trendsetter.

Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
¥ Market outline
PART 05: MARKET LANDSCAPE
¥ Market ecosystem
¥ Market characteristics
¥ Market segmentation analysis
PART 06: MARKET SIZING
¥ Market definition
¥ Market sizing 2017
¥ Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
¥ Bargaining power of buyers
¥ Bargaining power of suppliers
¥ Threat of new entrants
¥ Threat of substitutes
¥ Threat of rivalry
¥ Market condition
PART 08: MARKET SEGMENTATION BY EQUIPMENT TYPE
¥ Segmentation by equipment type
¥ Comparison by equipment type
¥ SURF Ð Market size and forecast 2017-2022
¥ Pressure control system Ð Market size and forecast 2017-2022
¥ Subsea trees Ð Market size and forecast 2017-2022
¥ Manifold Ð Market size and forecast 2017-2022
¥ Market opportunity by equipment type
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
¥ Geographical segmentation
¥ Regional comparison
¥ EMEA Ð Market size and forecast 2017-2022
¥ Americas Ð Market size and forecast 2017-2022
¥ APAC Ð Market size and forecast 2017-2022
¥ Key leading countries
¥ Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
¥ Market drivers
¥ Market challenges
PART 13: MARKET TRENDS
¥ ERD technology
¥ Industry 4.0: Trends impacting upstream producers
¥ Different reservoir characteristics
PART 14: VENDOR LANDSCAPE
¥ Overview
¥ Landscape disruption
¥ Competitive Scenario
PART 15: VENDOR ANALYSIS
¥ Vendors covered
¥ Vendor classification
¥ Market positioning of vendors
¥ Aker Solutions
¥ GENERAL ELECTRIC
¥ National Oilwell Varco
¥ Schlumberger
¥ TechnipFMC
PART 16: APPENDIX
¥ List of abbreviations
List of Exhibits
Exhibit 01: Major segments of oil and gas industry
Exhibit 02: Parent market
Exhibit 03: Global subsea production systems market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2017
Exhibit 08: Validation techniques employed for market sizing 2017
Exhibit 09: Global Ð Market size and forecast 2017-2022 ($ millions)
Exhibit 10: Global Ð Year-over-year growth 2018-2022 (%)
Exhibit 11: Petroleum upstream activity stages
Exhibit 12: Reasons for low crude oil prices
Exhibit 13: Five forces analysis 2017
Exhibit 14: Five forces analysis 2022
Exhibit 15: Bargaining power of buyers
Exhibit 16: Bargaining power of suppliers
Exhibit 17: Threat of new entrants
Exhibit 18: Threat of substitutes
Exhibit 19: Threat of rivalry
Exhibit 20: Market condition - Five forces 2017
Exhibit 21: Equipment type Ð Market share 2017-2022 (%)
Exhibit 22: Comparison by equipment type
Exhibit 23: SURF Ð Market size and forecast 2017-2022 ($ millions)
Exhibit 24: SURF Ð Year-over-year growth 2018-2022 (%)
Exhibit 25: Basic functions of subsea umbilicals, risers, and flowlines
Exhibit 26: Pressure control system Ð Market size and forecast 2017-2022 ($ millions)
Exhibit 27: Pressure control system Ð Year-over-year growth 2018-2022 (%)
Exhibit 28: Subsea trees Ð Market size and forecast 2017-2022 ($ millions)
Exhibit 29: Subsea trees Ð Year-over-year growth 2018-2022 (%)
Exhibit 30: Manifold Ð Market size and forecast 2017-2022 ($ millions)
Exhibit 31: Manifold Ð Year-over-year growth 2018-2022 (%)
Exhibit 32: Market opportunity by equipment type
Exhibit 33: Customer landscape
Exhibit 34: Global Ð Market share by geography 2017-2022 (%)
Exhibit 35: Regional comparison
Exhibit 36: EMEA Ð Market size and forecast 2017-2022 ($ millions)
Exhibit 37: EMEA Ð Year-over-year growth 2018-2022 (%)
Exhibit 38: Americas Ð Market size and forecast 2017-2022 ($ millions)
Exhibit 39: Americas Ð Year-over-year growth 2018-2022 (%)
Exhibit 40: APAC Ð Market size and forecast 2017-2022 ($ millions)
Exhibit 41: APAC Ð Year-over-year growth 2018-2022 (%)
Exhibit 42: Key leading countries
Exhibit 43: Market opportunity
Exhibit 44: Global rig count 2016-2017
Exhibit 45: Global liquid fuel consumption 2009-2018 (mbpd)
Exhibit 46: Global crude oil price 2012-2017 ($/bbl)
Exhibit 47: Vendor landscape
Exhibit 48: Landscape disruption
Exhibit 49: Vendors covered
Exhibit 50: Vendor classification
Exhibit 51: Market positioning of vendors
Exhibit 52: Aker Solutions overview
Exhibit 53: Aker Solutions Ð Business segments
Exhibit 54: Aker Solutions Ð Organizational developments
Exhibit 55: Aker Solutions Ð Geographic focus
Exhibit 56: Aker Solutions Ð Segment focus
Exhibit 57: Aker Solutions Ð Key offerings
Exhibit 58: GENERAL ELECTRIC overview
Exhibit 59: GENERAL ELECTRIC Ð Business segments
Exhibit 60: GENERAL ELECTRIC Ð Organizational developments
Exhibit 61: GENERAL ELECTRIC Ð Geographic focus
Exhibit 62: GENERAL ELECTRIC Ð Segment focus
Exhibit 63: GENERAL ELECTRIC Ð Key offerings
Exhibit 64: National Oilwell Varco overview
Exhibit 65: National Oilwell Varco Ð Business segments
Exhibit 66: National Oilwell Varco Ð Organizational developments
Exhibit 67: National Oilwell Varco Ð Geographic focus
Exhibit 68: National Oilwell Varco Ð Segment focus
Exhibit 69: National Oilwell Varco Ð Key offerings
Exhibit 70: Schlumberger overview
Exhibit 71: Schlumberger Ð Business segments
Exhibit 72: Schlumberger Ð Organizational developments
Exhibit 73: Schlumberger Ð Geographic focus
Exhibit 74: Schlumberger Ð Segment focus
Exhibit 75: Schlumberger Ð Key offerings
Exhibit 76: TechnipFMC overview
Exhibit 77: TechnipFMC Ð Business segments
Exhibit 78: TechnipFMC Ð Organizational developments
Exhibit 79: TechnipFMC Ð Geographic focus
Exhibit 80: TechnipFMC Ð Segment focus
Exhibit 81: TechnipFMC Ð Key offerings

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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