Subsea Umbilicals, Risers and Flowlines (SURF) Market - By Water Depth (Shallow, Deep), By Product (Umbilicals, Risers {SCR, Flexible, Others}, Flowlines), & Forecast, 2023 - 2032

Subsea Umbilicals, Risers and Flowlines (SURF) Market - By Water Depth (Shallow, Deep), By Product (Umbilicals, Risers {SCR, Flexible, Others}, Flowlines), & Forecast, 2023 - 2032


Global Subsea Umbilicals, Risers and Flowlines (SURF) Market will witness over 7% CAGR between 2023 and 2032. The global energy industry's shift toward offshore exploration and production drives the demand for subsea infrastructure. Depletion of shallow-water reserves necessitates deeper and more complex subsea systems, and technological advancements in subsea equipment enhance operational efficiency and safety. Moreover, the rising demand for oil and gas, particularly in emerging markets, fuels investment opportunities in SURF systems. Therefore, the rising number of contracts for major companies supports the subsea umbilicals, risers and flowlines (surf) market outlook.

For instance, in September 2023, Eni Côte d’Ivoire, in collaboration with Petroci, granted Saipem a contract for subsea umbilicals, risers, and flowlines (SURF) for the Baleine Phase 2 project, situated in waters approximately 1,200 meters deep off the coast of Côte d’Ivoire. The project scope encompasses engineering, procurement, and construction (EPC) for approximately 20 kilometers of rigid pipelines, 10 kilometers of flexible risers and jumpers, and 15 kilometers of umbilicals, all of which will be connected to a floating platform.

The overall Subsea Umbilicals, Risers, and Flowlines (SURF) Market is classified based on water depth, product, and region.

The ultra-deep segment will observe over 8% CAGR from 2023 to 2032. As offshore exploration ventures into these extreme environments, the need for robust subsea infrastructure becomes critical. SURF systems designed for ultra-deepwater depths ensure reliable connectivity, fluid transportation, and control of subsea wells, making them indispensable for oil and gas operations in the most challenging and remote oceanic locations. Therefore, their importance in the ultra-deep locations supports the subsea umbilicals, risers, and flowlines (surf) market share.

The SCR segment will witness over 8.5% CAGR from 2023 to 2032. SCR systems are vital for offshore oil and gas production, offering a flexible and cost-effective solution for transporting hydrocarbons from the seabed to the surface facilities. As deepwater and ultra-deepwater exploration expands, SCR systems will continue to play a pivotal role in facilitating efficient oil and gas recovery.

Asia Pacific subsea umbilicals, risers, and flowlines (SURF) market will showcase over 9% CAGR from 2023 to 2032. This surge is driven by increasing offshore oil and gas exploration and production activities across the region. Rising energy demands, in line with the development of new fields in countries like Australia, Malaysia, and Indonesia, fuel the need for advanced SURF systems. Besides, the dynamic energy landscape in the Asia Pacific underscores the significance of the SURF market in the region, further contributing to market expansion.


Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Executive Summary
2.1 Subsea umbilicals, risers and flowlines industry 360º synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 Water depth trends
2.1.3 Product trends
2.1.4 Regional trends
Chapter 3 Subsea Umbilicals, Risers and Flowlines Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Vendor Matrix
3.2 Regulatory landscape
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.2 Industry pitfalls & challenges
3.4 COVID- 19 impact on the industry outlook
3.5 Growth potential analysis
3.6 Porter's Analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat of new entrants
3.6.4 Threat of substitutes
3.7 PESTEL Analysis
Chapter 4 Competitive Benchmarking
4.1 Competitive landscape, 2022
4.1.1 Strategic dashboard
4.2 Innovation & sustainability landscape
Chapter 5 Subsea Umbilicals, Risers and Flowlines Market, By Water Depth ('000 Feet, USD Million)
5.1 Key water depth trends
5.2 Shallow
5.2.1 Umbilicals
5.2.2 Risers
5.2.2.1 SCR
5.2.2.2 Flexible
5.2.2.3 Others
5.2.3 Flowlines
5.3 Deep
5.3.1 Umbilicals
5.3.2 Risers
5.3.2.1 SCR
5.3.2.2 Flexible
5.3.2.3 Others
5.3.3 Flowlines
5.4 Ultra Deep
5.4.1 Umbilicals
5.4.2 Risers
5.4.2.1 SCR
5.4.2.2 Flexible
5.4.2.3 Others
5.4.3 Flowlines
Chapter 6 Subsea Umbilicals, Risers and Flowlines Market, By Product ('000 Feet, USD Million)
6.1 Key product trends
6.2 Umbilicals
6.3 Risers
6.3.1 SCR
6.3.2 Flexible
6.3.3 Others
6.4 Flowlines
Chapter 7 Subsea Umbilicals, Risers and Flowlines Market, By Region ('000 Feet, USD Million)
7.1 Key regional trends
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 UK
7.3.2 Norway
7.3.3 Netherlands
7.3.4 Russia
7.4 Asia Pacific
7.4.1 China
7.4.2 India
7.4.3 Indonesia
7.4.4 Malaysia
7.4.5 Thailand
7.4.6 Australia
7.5 Middle East & Africa
7.5.1 Angola
7.5.2 Nigeria
7.5.3 Egypt
7.5.4 Qatar
7.5.5 Saudi Arabia
7.5.6 UAE
7.6 Latin America
7.6.1 Brazil
Chapter 8 Company Profiles
8.1 Schlumberger Limited
8.2 TechnipFMC plc
8.3 Halliburton
8.4 VALLOUREC
8.5 Oceaneering International, Inc.
8.6 Aker Solutions
8.7 Tenaris
8.8 Saipem
8.9 John Wood Group PLC
8.10 Prysmian Group
8.11 ArcelorMittal Downstream Solutions
8.12 SUBSEA7
8.13 Dril-Quip, Inc.
8.14 Baker Hughes Company
8.15 DeRegt Cables

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