Global Oil & Gas Risers & Flowlines Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Oil & Gas Risers & Flowlines market size was valued at USD 3889.4 million in 2023 and is forecast to a readjusted size of USD 4616.6 million by 2030 with a CAGR of 2.5% during review period.
This report focus on Oil & Gas Risers & Flowlines market. Risers and Flowlines - these elements become the main transport system for produced fluids from the subsea production system to the surface processing system. Flowlines transport unprocessed fluids from the subsea well to the riser. The riser then transports the fluids to the surface processing system.
Fluctuating Oil Prices: Oil prices have experienced significant volatility in recent years. Factors such as geopolitical tensions, global supply-demand dynamics, production cuts, and economic conditions impact oil prices. The COVID-19 pandemic, in particular, caused a sharp decline in demand and prices, followed by a gradual recovery as economies reopen and demand picks up.
Transition to Clean Energy: The global energy landscape is undergoing a transition towards cleaner and more sustainable sources of energy. This transition is driven by factors such as climate change concerns, renewable energy advancements, and government policies promoting decarbonization. Oil and gas companies are increasingly diversifying their portfolios to include renewable energy sources and investing in low-carbon technologies.
Energy Efficiency and Operational Optimization: Oil and gas companies are focusing on improving operational efficiency and reducing costs. Technologies such as data analytics, artificial intelligence, and automation are being employed to optimize production, enhance asset performance, and streamline operations. Energy efficiency measures are also being adopted to reduce environmental impact and improve sustainability.
Shift in Investment Priorities: The oil and gas industry is witnessing a shift in investment priorities. Companies are increasingly allocating capital towards projects with shorter payback periods, lower breakeven costs, and higher returns on investment. This includes investments in unconventional resources, offshore deepwater projects, and natural gas developments.
Renewable Natural Gas and Hydrogen: The demand for cleaner alternatives within the energy mix is driving the interest in renewable natural gas (RNG) and hydrogen. RNG is produced from organic waste materials, while hydrogen is a versatile energy carrier with potential applications in transportation, power generation, and industrial processes. Oil and gas companies are exploring opportunities in RNG and hydrogen production and distribution.
Digitalization and Industry 4.0: The oil and gas industry is embracing digitalization and Industry 4.0 concepts to improve operational efficiency, enhance safety, and reduce costs. Technologies such as IoT, robotics, predictive analytics, and cloud computing are being deployed to optimize exploration and production operations, asset maintenance, and supply chain management.
Increasing Focus on Environmental, Social, and Governance (ESG) Factors: Environmental, social, and governance considerations are gaining prominence in the oil and gas industry. Companies are placing greater emphasis on sustainability, carbon footprint reduction, social responsibility, and transparent governance practices. ESG factors are becoming crucial for attracting investors, securing project financing, and maintaining social license to operate.
The Global Info Research report includes an overview of the development of the Oil & Gas Risers & Flowlines industry chain, the market status of Shallow Water Oil & Gas Fields (Risers, Flowlines), Deepwater Oil & Gas Fields (Risers, Flowlines), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Oil & Gas Risers & Flowlines.
Regionally, the report analyzes the Oil & Gas Risers & Flowlines markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Oil & Gas Risers & Flowlines market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Oil & Gas Risers & Flowlines market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Oil & Gas Risers & Flowlines industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Meters), revenue generated, and market share of different by Type (e.g., Risers, Flowlines).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Oil & Gas Risers & Flowlines market.
Regional Analysis: The report involves examining the Oil & Gas Risers & Flowlines market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Oil & Gas Risers & Flowlines market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Oil & Gas Risers & Flowlines:
Company Analysis: Report covers individual Oil & Gas Risers & Flowlines manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Oil & Gas Risers & Flowlines This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Shallow Water Oil & Gas Fields, Deepwater Oil & Gas Fields).
Technology Analysis: Report covers specific technologies relevant to Oil & Gas Risers & Flowlines. It assesses the current state, advancements, and potential future developments in Oil & Gas Risers & Flowlines areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Oil & Gas Risers & Flowlines market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Oil & Gas Risers & Flowlines market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Risers
Flowlines
Market segment by Application
Shallow Water Oil & Gas Fields
Deepwater Oil & Gas Fields
Ultra Deepwater Oil & Gas Fields
Major players covered
Aker Solutions
TechnipFMC
Prysmian Group
Vallourec
Saipem SpA (Nexans)
JDR
Oceaneering
Schlumberger Limited
Subsea 7
Mc Dermott
ArcelorMittal
GE(Baker Hughes)
Airborne Oil & Gas
Cortland (Fibron BX)
Orient Cable
CNOOC
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Oil & Gas Risers & Flowlines product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Oil & Gas Risers & Flowlines, with price, sales, revenue and global market share of Oil & Gas Risers & Flowlines from 2019 to 2024.
Chapter 3, the Oil & Gas Risers & Flowlines competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Oil & Gas Risers & Flowlines breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Oil & Gas Risers & Flowlines market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Oil & Gas Risers & Flowlines.
Chapter 14 and 15, to describe Oil & Gas Risers & Flowlines sales channel, distributors, customers, research findings and conclusion.