Global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market Growth 2023-2029
Subsea Umbilicals, Risers & Flowlines (SURF) refer to the cable those used in the operation of subsea oil or gas plant.
An umbilical, or umbilical cable, is a static or dynamic cable that is the vital link between subsea production and processing systems and the surface, as well as between elements within the larger subsea system via flying leads. Umbilicals are composite cables that have the ability to carry out a large range of processes. Flowlines transport unprocessed fluids from the subsea well to the riser. The riser then transports the fluids to the surface processing system.
LPI (LP Information)' newest research report, the “Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Industry Forecast” looks at past sales and reviews total world Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) sales in 2022, providing a comprehensive analysis by region and market sector of projected Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) sales for 2023 through 2029. With Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) industry.
This Insight Report provides a comprehensive analysis of the global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF).
The global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market size is projected to grow from US$ 6253 million in 2022 to US$ 8253.9 million in 2029; it is expected to grow at a CAGR of 8253.9 from 2023 to 2029.
The major players in global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market include Aker Solutions, Technip, FMC Technologies, etc. The top 3 players occupy about 45% shares of the global market. Europe and North America are main markets, they occupy about 70% of the global market. Risers and Flowlines is the main type, with a share about 60%. Deepwater Oil & Gas Fields is the main application, which holds a share about 45%.
This report presents a comprehensive overview, market shares, and growth opportunities of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Umbilicals
Risers and Flowlines
Segmentation by application
Shallow Water Oil & Gas Fields
Deepwater Oil & Gas Fields
Ultra Deepwater Oil & Gas Fields
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aker Solutions
Technip
FMC Technologies
Prysmian Group
Vallourec
Nexans
JDR
Oceaneering
Key Questions Addressed in this Report
What is the 10-year outlook for the global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market?
What factors are driving Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market opportunities vary by end market size?
How does Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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