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Escalating demand for oil and gas coupled with increasing deep sea developments has facilitated growth in the market for SURF (subsea umbilical, riser and flowline). Increasing demand for using capital intensive techniques in unconventional sources, and increase in deep water explorations to increase oil productivity has further accelerated SURF installations in the offshore oil and gas production projects.
Decline in crude oil prices, depleting oil reserves and global economic slowdown has presented fresh challenges to explore undiscovered reservoirs. In terms of segmentation, market is categorized on basis of type (umbilical, riser and flowline). South America has been leading the market due to offshore activities in Brazil with the share of around 30%, APAC and Middle East is expected to witness a higher growth rate till 2022.
According to Azoth Analytics research report, “Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: Analysis By Type, By Region, By Country: Opportunities and Forecast (2017-2022) - By Type (Umbilicals, Risers, Flowlines), By Region (N. America, S. America, Africa, Europe, Middle East, APAC), By Country (U.S., Mexico, Brazil, Argentina, U.K., Norway, Angola, Nigeria, Australia, China and Saudi Arabia)”, the global market is projected to display growth at CAGR of ~12.5% during 2017 – 2022, chiefly driven by high demand for energy in the American and Asian regions. Increasing deep sea development activities has driven the market for Subsea systems along with subsea production systems including umbilical, riser and flowline.
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The report titled “Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: Analysis By Type, By Region, By Country: Opportunities and Forecast (2017-2022)” has covered and analysed the potential of Global SURF Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global SURF market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Market (Actual Period: 2012-2016, Forecast Period: 2017-2022)
SURF Market
By Type - Umbilical, Riser and Flowline
By Umbilical Type - Hydraulic Umbilical, Electro Hydraulic Umbilical, Electro- Fiber Optical Hydraulic Umbilical and Electro Hydraulic and Electro- Fiber
Optical Hydraulic Umbilical with medium voltage cores
By Riser Type - Production Riser, Drilling Riser, Work Over Riser, Others)
Regional Markets – North America, South America, Europe, Africa, APAC and Middle East (Actual Period: 2012-2016, Forecast Period: 2017-2022)
SURF Market
By Type - Umbilical, Riser and Flowline
Country Analysis - US, Mexico, Brazil, Argentina, U.K., Norway, Angola, Nigeria, Australia, China and Saudi Arabia (Actual Period: 2012-2016, Forecast Period: 2017-2022)
SURF Market
By Type - Umbilical, Riser and Flowline
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Other Report Highlights
Market Dynamics – Trends, Drivers, Challenges
Porter’s Five Forces Analysis
SWOT Analysis
Policy and Regulatory Landscape
Company Analysis - Prysmian group, Aker Solutions, Technip FMC, Subsea 7, Saipem, McDermott International Inc., DeepOcean Group Holding BV, Ocean Installer AS, Actuant Corporation
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
Major Points From The Table Of Contents:
Research Methodology
Executive Summary
Strategic Recommendations
Global Oil and Gas Industry Outlook
Global Subsea Outlook
Global SURF Product Overview
Global SURF (Subsea Umbilical, Riser and Flowline) Market: Growth and Forecast
North America SURF Market: Growth and Forecast
South America SURF Market: Growth and Forecast
Europe SURF Market: Growth and Forecast
Africa SURF Market: Growth and Forecast
Asia Pacific SURF Market: Growth and Forecast
Middle East SURF Market: Growth and Forecast
Market Dynamics
Market Trends
Porter Five Force Analysis
SWOT Analysis
Policy and Regulatory Landscape
Company Profiles
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