Subsea Umbilicals, Risers, and Flow Lines Market by Product and Geography - Forecast and Analysis 2020-2024
- Published: Aug 2020
- Pages: 120
- SKU: IRTNTR43338
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The subsea umbilicals, risers, and flow lines market size will record an incremental growth of USD 1.35 billion and a CAGR of almost 5% during 2020-2024.
This market report entails segmentations by product (umbilicals, risers, and flowlines) and geography (North America, Europe, APAC, MEA, and South America). View our sample report to gather market insights on the segmentations.
The subsea umbilicals, risers, and flow lines market report also analyzes the market’s competitive landscape and offers information on several market vendors, including ABB Ltd., Aker Solutions ASA, Baker Hughes Co., Dril-Quip Inc., National Oilwell Varco Inc., Oceaneering International Inc., Prysmian Spa, Saipem Spa, Schlumberger Ltd., and and TechnipFMC Plc.
What will the Subsea Umbilicals, Risers, and Flow Lines Market Size be in 2020?
View the TOC and LoE with selected illustrations and example pages of subsea umbilicals, risers, and flow lines market
Overview of Competitive Analysis
The subsea umbilicals, risers, and flow lines market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.
The market structure is fragmented. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this subsea umbilicals, risers, and flow lines market analysis report. Factors such as the surge in energy demand will offer immense growth opportunities to the vendors. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.
To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post-COVID-19 impact on each product and service segments.
Which are the Key Regional Markets for Subsea Umbilicals, Risers, and Flow Lines?
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The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the subsea umbilicals, risers, and flow lines market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The emergence of next-generation automated drilling rigs will significantly influence subsea umbilicals, risers, and flow lines market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
47% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for subsea umbilicals, risers, and flow lines in the region. This report provides estimations of the contribution of all regions to the growth of the subsea umbilicals, risers, and flow lines market size.
What are the Key Factors Covered in this Subsea Umbilicals, Risers, and Flow Lines Market Report?
- CAGR of the subsea umbilicals, risers, and flow lines market during the forecast period
- Detailed information on factors that will drive subsea umbilicals, risers, and flow lines market growth during the next five years
- Precise estimation of the subsea umbilicals, risers, and flow lines market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the subsea umbilicals, risers, and flow lines industry across North America, Europe, APAC, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of subsea umbilicals, risers, and flow lines market vendors
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Subsea Umbilicals, Risers, And Flow Lines Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
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Market growth 2020-2024 |
USD 1.35 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
2.33 |
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Regional analysis |
North America, Europe, APAC, MEA, and South America |
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Performing market contribution |
APAC at 47% |
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Key consumer countries |
China, US, Russian Federation, UAE, and Canada |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., Aker Solutions ASA, Baker Hughes Co., Dril-Quip Inc., National Oilwell Varco Inc., Oceaneering International Inc., Prysmian Spa, Saipem Spa, Schlumberger Ltd., and and TechnipFMC Plc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Flowlines - Market size and forecast 2019-2024
- Umbilicals - Market size and forecast 2019-2024
- Risers - Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- Aker Solutions ASA
- Baker Hughes Co.
- Dril-Quip Inc.
- National Oilwell Varco Inc.
- Oceaneering International Inc.
- Prysmian Spa
- Saipem Spa
- Schlumberger Ltd.
- TechnipFMC Plc
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- China
- US
- Russian Federation
- UAE
- Canada
- Declining E&P cost of deepwater and ultra-deepwater oil and gas projects
- Emergence of next-generation automated drilling rigs
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