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 November 3, 2015 - 8:57 AM EST
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Research and Markets: Global Subsea Systems Market 2015-2020 by Subsea Production Technology (SURF, Trees, Manifolds, Control system), by Subsea Processing Technology (Boosting, Separation, Injection, Compression)

Research and Markets (http://www.researchandmarkets.com/research/k2wvfv/subsea_systems) has announced the addition of the "Subsea Systems Market by Subsea Production Technology (SURF, Trees, Manifolds, Control system), by Subsea Processing Technology (Boosting, Separation, Injection, Compression), & by Region - Global Trends & Forecast to 2020" report to their offering.

Global subsea systems market is projected to reach USD 20.5 Billion by 2020 from an estimated USD 15.9 Billion in 2015

Active players in subsea systems market through recent developments and other strategic market moves include FMC Technologies (U.S.), GE Oil & Gas (U.S.), Aker Solutions (Norway), One Subsea (U.S.), and Kongsberg Oil & Gas Technologies (Norway).

Europe leads the subsea systems market with largest estimated market share in 2015 and is projected to continue its dominance till 2020. This growth can be attributed to the offshore reserves in Norway and U.K. Major reforms by both the governments for increasing oil production would provide decent growth for subsea systems market. Majority of subsea compression system projects are in pipeline in the North Sea which would subsequently contribute to the growth of subsea systems market in the region.

Subsea systems market report also includes Porter's Five Force model, value chain analysis. In addition, the report also focuses on the competitive landscape for major market players. Key developments have been mapped against the market players involved to determine the growth strategies implemented by key players within the segment. The report presents a comprehensive study of major market drivers, restraints, opportunities, and challenges to understand and evaluate the market.

Scope of the Report:

The global subsea systems market is analyzed in terms of revenue (USD million) for the following segments:

By Subsea Production Technology

- SURF (Subsea Umbilicals Risers Flowlines)

- Subsea Trees

- Subsea Control System

- Subsea manifolds

By Subsea Processing Technology

- Subsea Boosting System

- Subsea Separation System

- Subsea Injection System

- Subsea Compression System

Companies Mentioned

- ABB Ltd.

- Aker Solutions

- Dril-Quip Inc.

- FMC Technologies

- GE Oil & Gas

- Kongsberg

- National Oilwell Varco

- Nexans SA

- Oceaneering International, Inc.

- Onesubsea

- Parker Hannifin Corporation

- Siemens AG

- Technip

- Twister BV

- Vallourec

For more information visit http://www.researchandmarkets.com/research/k2wvfv/subsea_systems

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Energy and Natural Resources


Source: Business Wire (November 3, 2015 - 8:57 AM EST)

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