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Subsea Production Systems-Global Market Insights and Sales Trends 2024
Synopsis
Subsea production system consists of subsea completed well, seabed wellhead, subsea production tree, subsea tie-in to flowline system, and subsea equipment and control facilities to operate the well. It can range in complexity from a single statellite well with a flowline linked to a fixed platform, FPSO (Floating Product, Storage and Offloading), or onshore facilities, to several wells on a template or clustered around a manifold that transfer to a fixed or floating facility or directly to onshore facilities.
The global Subsea Production Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Subsea Production Systems in various end use industries. The expanding demands from the Oil Industry, Natural Gas Industry and Others,, are propelling Subsea Production Systems market. Stationary Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Floating Type segment is estimated at % CAGR for the next seven-year period.
The rising number of deep and ultra-deepwater drilling projects will be one of the primary growth drivers for the global subsea production systems market till 2022. For instance, it is estimated that starting from 2019, the first production activity will take place at the Snefrid Nord gas field. The number of active rigs is increasing due to the gradual increase in offshore drilling projects, especially in the Gulf of Mexico region. This in turn, will benefit drilling and production companies and boost the profit margin.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Subsea Production Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Subsea Production Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Subsea Production Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Subsea Production Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Subsea Production Systems covered in this report include Aker Solutions, GENERAL ELECTRIC, National Oilwell Varco, Schlumberger, Parker Hannifin and Prysmian Group, etc.
The global Subsea Production Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aker Solutions
GENERAL ELECTRIC
National Oilwell Varco
Schlumberger
Parker Hannifin
Prysmian Group
Global Subsea Production Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Subsea Production Systems market, Segment by Type:
Stationary Type
Floating Type
Global Subsea Production Systems market, by Application
Oil Industry
Natural Gas Industry
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Subsea Production Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Subsea production system consists of subsea completed well, seabed wellhead, subsea production tree, subsea tie-in to flowline system, and subsea equipment and control facilities to operate the well. It can range in complexity from a single statellite well with a flowline linked to a fixed platform, FPSO (Floating Product, Storage and Offloading), or onshore facilities, to several wells on a template or clustered around a manifold that transfer to a fixed or floating facility or directly to onshore facilities.
The global Subsea Production Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Subsea Production Systems in various end use industries. The expanding demands from the Oil Industry, Natural Gas Industry and Others,, are propelling Subsea Production Systems market. Stationary Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Floating Type segment is estimated at % CAGR for the next seven-year period.
The rising number of deep and ultra-deepwater drilling projects will be one of the primary growth drivers for the global subsea production systems market till 2022. For instance, it is estimated that starting from 2019, the first production activity will take place at the Snefrid Nord gas field. The number of active rigs is increasing due to the gradual increase in offshore drilling projects, especially in the Gulf of Mexico region. This in turn, will benefit drilling and production companies and boost the profit margin.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Subsea Production Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Subsea Production Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Subsea Production Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Subsea Production Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Subsea Production Systems covered in this report include Aker Solutions, GENERAL ELECTRIC, National Oilwell Varco, Schlumberger, Parker Hannifin and Prysmian Group, etc.
The global Subsea Production Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aker Solutions
GENERAL ELECTRIC
National Oilwell Varco
Schlumberger
Parker Hannifin
Prysmian Group
Global Subsea Production Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Subsea Production Systems market, Segment by Type:
Stationary Type
Floating Type
Global Subsea Production Systems market, by Application
Oil Industry
Natural Gas Industry
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Subsea Production Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Subsea Production Systems
1.1 Subsea Production Systems Market Overview
1.1.1 Subsea Production Systems Product Scope
1.1.2 Subsea Production Systems Market Status and Outlook
1.2 Global Subsea Production Systems Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Subsea Production Systems Market Size by Region (2018-2029)
1.4 Global Subsea Production Systems Historic Market Size by Region (2018-2023)
1.5 Global Subsea Production Systems Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Subsea Production Systems Market Size (2018-2029)
1.6.1 North America Subsea Production Systems Market Size (2018-2029)
1.6.2 Europe Subsea Production Systems Market Size (2018-2029)
1.6.3 Asia-Pacific Subsea Production Systems Market Size (2018-2029)
1.6.4 Latin America Subsea Production Systems Market Size (2018-2029)
1.6.5 Middle East & Africa Subsea Production Systems Market Size (2018-2029)
2 Subsea Production Systems Market by Type
2.1 Introduction
2.1.1 Stationary Type
2.1.2 Floating Type
2.2 Global Subsea Production Systems Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Subsea Production Systems Historic Market Size by Type (2018-2023)
2.2.2 Global Subsea Production Systems Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Subsea Production Systems Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Subsea Production Systems Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Subsea Production Systems Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Subsea Production Systems Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Subsea Production Systems Revenue Breakdown by Type (2018-2029)
3 Subsea Production Systems Market Overview by Application
3.1 Introduction
3.1.1 Oil Industry
3.1.2 Natural Gas Industry
3.1.3 Others
3.2 Global Subsea Production Systems Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Subsea Production Systems Historic Market Size by Application (2018-2023)
3.2.2 Global Subsea Production Systems Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Subsea Production Systems Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Subsea Production Systems Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Subsea Production Systems Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Subsea Production Systems Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Subsea Production Systems Revenue Breakdown by Application (2018-2029)
4 Subsea Production Systems Competition Analysis by Players
4.1 Global Subsea Production Systems Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Subsea Production Systems as of 2022)
4.3 Date of Key Players Enter into Subsea Production Systems Market
4.4 Global Top Players Subsea Production Systems Headquarters and Area Served
4.5 Key Players Subsea Production Systems Product Solution and Service
4.6 Competitive Status
4.6.1 Subsea Production Systems Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Aker Solutions
5.1.1 Aker Solutions Profile
5.1.2 Aker Solutions Main Business
5.1.3 Aker Solutions Subsea Production Systems Products, Services and Solutions
5.1.4 Aker Solutions Subsea Production Systems Revenue (US$ Million) & (2018-2023)
5.1.5 Aker Solutions Recent Developments
5.2 GENERAL ELECTRIC
5.2.1 GENERAL ELECTRIC Profile
5.2.2 GENERAL ELECTRIC Main Business
5.2.3 GENERAL ELECTRIC Subsea Production Systems Products, Services and Solutions
5.2.4 GENERAL ELECTRIC Subsea Production Systems Revenue (US$ Million) & (2018-2023)
5.2.5 GENERAL ELECTRIC Recent Developments
5.3 National Oilwell Varco
5.3.1 National Oilwell Varco Profile
5.3.2 National Oilwell Varco Main Business
5.3.3 National Oilwell Varco Subsea Production Systems Products, Services and Solutions
5.3.4 National Oilwell Varco Subsea Production Systems Revenue (US$ Million) & (2018-2023)
5.3.5 Schlumberger Recent Developments
5.4 Schlumberger
5.4.1 Schlumberger Profile
5.4.2 Schlumberger Main Business
5.4.3 Schlumberger Subsea Production Systems Products, Services and Solutions
5.4.4 Schlumberger Subsea Production Systems Revenue (US$ Million) & (2018-2023)
5.4.5 Schlumberger Recent Developments
5.5 Parker Hannifin
5.5.1 Parker Hannifin Profile
5.5.2 Parker Hannifin Main Business
5.5.3 Parker Hannifin Subsea Production Systems Products, Services and Solutions
5.5.4 Parker Hannifin Subsea Production Systems Revenue (US$ Million) & (2018-2023)
5.5.5 Parker Hannifin Recent Developments
5.6 Prysmian Group
5.6.1 Prysmian Group Profile
5.6.2 Prysmian Group Main Business
5.6.3 Prysmian Group Subsea Production Systems Products, Services and Solutions
5.6.4 Prysmian Group Subsea Production Systems Revenue (US$ Million) & (2018-2023)
5.6.5 Prysmian Group Recent Developments
6 North America
6.1 North America Subsea Production Systems Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Subsea Production Systems Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Subsea Production Systems Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Subsea Production Systems Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Subsea Production Systems Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Subsea Production Systems Market Dynamics
11.1 Subsea Production Systems Industry Trends
11.2 Subsea Production Systems Market Drivers
11.3 Subsea Production Systems Market Challenges
11.4 Subsea Production Systems Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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