The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Oil and Gas Subsea Power Grid Market Research Report 2024
Synopsis
Subsea power grid offers widespread opportunity for oil and gas industries as to maximize the returns and surge recovery rate from current fields.
The global Oil and Gas Subsea Power Grid market was valued at US$ 9843 million in 2023 and is anticipated to reach US$ 18070 million by 2030, witnessing a CAGR of 8.9% during the forecast period 2024-2030.
Increased demand for energy: The global demand for energy is increasing, particularly in emerging economies. This increase in demand is driving the need for additional oil and gas production, which requires the development of subsea power grids to support offshore drilling and production operations.
Improved drilling and production technologies: Advances in drilling and production technologies have enabled the extraction of oil and gas from deeper depths and more complex environments. Subsea power grids are essential to support these operations, providing reliable power supply to offshore facilities.
Increased efficiency and productivity: Subsea power grids allow for more efficient and productive drilling and production operations. They provide a continuous power supply, enabling uninterrupted operations and reducing the need for surface facilities, which can be a limiting factor in deep-water environments.
This report aims to provide a comprehensive presentation of the global market for Oil and Gas Subsea Power Grid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil and Gas Subsea Power Grid.
Report Scope
The Oil and Gas Subsea Power Grid market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Oil and Gas Subsea Power Grid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Oil and Gas Subsea Power Grid companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Expro International
Subsea Technology
GE
Aker Solutions
Dril-Quip
Siemens
Cameron International
FMC Technology
ABB
Schneider Electric
Segment by Type
Captive Generation
Wind Power
Others
Segment by Application
Production Facilities
Drilling Rigs
Floating Production System
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Oil and Gas Subsea Power Grid companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Subsea power grid offers widespread opportunity for oil and gas industries as to maximize the returns and surge recovery rate from current fields.
The global Oil and Gas Subsea Power Grid market was valued at US$ 9843 million in 2023 and is anticipated to reach US$ 18070 million by 2030, witnessing a CAGR of 8.9% during the forecast period 2024-2030.
Increased demand for energy: The global demand for energy is increasing, particularly in emerging economies. This increase in demand is driving the need for additional oil and gas production, which requires the development of subsea power grids to support offshore drilling and production operations.
Improved drilling and production technologies: Advances in drilling and production technologies have enabled the extraction of oil and gas from deeper depths and more complex environments. Subsea power grids are essential to support these operations, providing reliable power supply to offshore facilities.
Increased efficiency and productivity: Subsea power grids allow for more efficient and productive drilling and production operations. They provide a continuous power supply, enabling uninterrupted operations and reducing the need for surface facilities, which can be a limiting factor in deep-water environments.
This report aims to provide a comprehensive presentation of the global market for Oil and Gas Subsea Power Grid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil and Gas Subsea Power Grid.
Report Scope
The Oil and Gas Subsea Power Grid market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Oil and Gas Subsea Power Grid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Oil and Gas Subsea Power Grid companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Expro International
Subsea Technology
GE
Aker Solutions
Dril-Quip
Siemens
Cameron International
FMC Technology
ABB
Schneider Electric
Segment by Type
Captive Generation
Wind Power
Others
Segment by Application
Production Facilities
Drilling Rigs
Floating Production System
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Oil and Gas Subsea Power Grid companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Oil and Gas Subsea Power Grid Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Captive Generation
1.2.3 Wind Power
1.2.4 Others
1.3 Market by Application
1.3.1 Global Oil and Gas Subsea Power Grid Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Production Facilities
1.3.3 Drilling Rigs
1.3.4 Floating Production System
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Oil and Gas Subsea Power Grid Market Perspective (2019-2030)
2.2 Oil and Gas Subsea Power Grid Growth Trends by Region
2.2.1 Global Oil and Gas Subsea Power Grid Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Oil and Gas Subsea Power Grid Historic Market Size by Region (2019-2024)
2.2.3 Oil and Gas Subsea Power Grid Forecasted Market Size by Region (2025-2030)
2.3 Oil and Gas Subsea Power Grid Market Dynamics
2.3.1 Oil and Gas Subsea Power Grid Industry Trends
2.3.2 Oil and Gas Subsea Power Grid Market Drivers
2.3.3 Oil and Gas Subsea Power Grid Market Challenges
2.3.4 Oil and Gas Subsea Power Grid Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Oil and Gas Subsea Power Grid Players by Revenue
3.1.1 Global Top Oil and Gas Subsea Power Grid Players by Revenue (2019-2024)
3.1.2 Global Oil and Gas Subsea Power Grid Revenue Market Share by Players (2019-2024)
3.2 Global Oil and Gas Subsea Power Grid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Oil and Gas Subsea Power Grid Revenue
3.4 Global Oil and Gas Subsea Power Grid Market Concentration Ratio
3.4.1 Global Oil and Gas Subsea Power Grid Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Oil and Gas Subsea Power Grid Revenue in 2023
3.5 Oil and Gas Subsea Power Grid Key Players Head office and Area Served
3.6 Key Players Oil and Gas Subsea Power Grid Product Solution and Service
3.7 Date of Enter into Oil and Gas Subsea Power Grid Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Oil and Gas Subsea Power Grid Breakdown Data by Type
4.1 Global Oil and Gas Subsea Power Grid Historic Market Size by Type (2019-2024)
4.2 Global Oil and Gas Subsea Power Grid Forecasted Market Size by Type (2025-2030)
5 Oil and Gas Subsea Power Grid Breakdown Data by Application
5.1 Global Oil and Gas Subsea Power Grid Historic Market Size by Application (2019-2024)
5.2 Global Oil and Gas Subsea Power Grid Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Oil and Gas Subsea Power Grid Market Size (2019-2030)
6.2 North America Oil and Gas Subsea Power Grid Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Oil and Gas Subsea Power Grid Market Size by Country (2019-2024)
6.4 North America Oil and Gas Subsea Power Grid Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Oil and Gas Subsea Power Grid Market Size (2019-2030)
7.2 Europe Oil and Gas Subsea Power Grid Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Oil and Gas Subsea Power Grid Market Size by Country (2019-2024)
7.4 Europe Oil and Gas Subsea Power Grid Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Oil and Gas Subsea Power Grid Market Size (2019-2030)
8.2 Asia-Pacific Oil and Gas Subsea Power Grid Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Oil and Gas Subsea Power Grid Market Size by Region (2019-2024)
8.4 Asia-Pacific Oil and Gas Subsea Power Grid Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Oil and Gas Subsea Power Grid Market Size (2019-2030)
9.2 Latin America Oil and Gas Subsea Power Grid Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Oil and Gas Subsea Power Grid Market Size by Country (2019-2024)
9.4 Latin America Oil and Gas Subsea Power Grid Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Oil and Gas Subsea Power Grid Market Size (2019-2030)
10.2 Middle East & Africa Oil and Gas Subsea Power Grid Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Oil and Gas Subsea Power Grid Market Size by Country (2019-2024)
10.4 Middle East & Africa Oil and Gas Subsea Power Grid Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Expro International
11.1.1 Expro International Company Detail
11.1.2 Expro International Business Overview
11.1.3 Expro International Oil and Gas Subsea Power Grid Introduction
11.1.4 Expro International Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.1.5 Expro International Recent Development
11.2 Subsea Technology
11.2.1 Subsea Technology Company Detail
11.2.2 Subsea Technology Business Overview
11.2.3 Subsea Technology Oil and Gas Subsea Power Grid Introduction
11.2.4 Subsea Technology Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.2.5 Subsea Technology Recent Development
11.3 GE
11.3.1 GE Company Detail
11.3.2 GE Business Overview
11.3.3 GE Oil and Gas Subsea Power Grid Introduction
11.3.4 GE Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.3.5 GE Recent Development
11.4 Aker Solutions
11.4.1 Aker Solutions Company Detail
11.4.2 Aker Solutions Business Overview
11.4.3 Aker Solutions Oil and Gas Subsea Power Grid Introduction
11.4.4 Aker Solutions Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.4.5 Aker Solutions Recent Development
11.5 Dril-Quip
11.5.1 Dril-Quip Company Detail
11.5.2 Dril-Quip Business Overview
11.5.3 Dril-Quip Oil and Gas Subsea Power Grid Introduction
11.5.4 Dril-Quip Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.5.5 Dril-Quip Recent Development
11.6 Siemens
11.6.1 Siemens Company Detail
11.6.2 Siemens Business Overview
11.6.3 Siemens Oil and Gas Subsea Power Grid Introduction
11.6.4 Siemens Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.6.5 Siemens Recent Development
11.7 Cameron International
11.7.1 Cameron International Company Detail
11.7.2 Cameron International Business Overview
11.7.3 Cameron International Oil and Gas Subsea Power Grid Introduction
11.7.4 Cameron International Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.7.5 Cameron International Recent Development
11.8 FMC Technology
11.8.1 FMC Technology Company Detail
11.8.2 FMC Technology Business Overview
11.8.3 FMC Technology Oil and Gas Subsea Power Grid Introduction
11.8.4 FMC Technology Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.8.5 FMC Technology Recent Development
11.9 ABB
11.9.1 ABB Company Detail
11.9.2 ABB Business Overview
11.9.3 ABB Oil and Gas Subsea Power Grid Introduction
11.9.4 ABB Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.9.5 ABB Recent Development
11.10 Schneider Electric
11.10.1 Schneider Electric Company Detail
11.10.2 Schneider Electric Business Overview
11.10.3 Schneider Electric Oil and Gas Subsea Power Grid Introduction
11.10.4 Schneider Electric Revenue in Oil and Gas Subsea Power Grid Business (2019-2024)
11.10.5 Schneider Electric Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Energy & Power Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
