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The publisher has been monitoring the subsea systems market and it is poised to grow by $ 1.52 bn during 2022-2026, progressing at a CAGR of 2.35% during the forecast period. The report on the subsea systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing investments in the offshore upstream sector and growing demand for oil and natural gas.
The subsea systems market analysis includes the type segment and geographic landscape.
The subsea systems market is segmented as below:
By Type
- Production systems
- Processing systems
By Geographical Landscape
- Europe
- APAC
- North America
- MEA
- South America
This study identifies the rise in deepwater and ultra-deepwater exploration and production projects as one of the prime reasons driving the subsea systems market growth during the next few years.
The report on subsea systems market covers the following areas:
- Subsea systems market sizing
- Subsea systems market forecast
- Subsea systems market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading subsea systems market vendors that include Aker Solutions ASA, Baker Hughes Co., Dril-Quip Inc., Kongsberg Gruppen ASA, McDermott International Inc., NOV Inc., Oceaneering International Inc., Parker Hannifin Corp., Schlumberger Ltd., and Siemens AG. Also, the subsea systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
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 Type
- Market segments
- Comparison by Type
- Production systems - Market size and forecast 2021-2026
- Processing systems - Market size and forecast 2021-2026
- Market opportunity by Type
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Europe
- APAC
- North America
- MEA
- South America
- Geographic comparison
- Europe - Market size and forecast 2021-2026
- APAC - Market size and forecast 2021-2026
- North America - Market size and forecast 2021-2026
- MEA - Market size and forecast 2021-2026
- South America - Market size and forecast 2021-2026
- Key leading countries
- Market opportunity By Geographical Landscape
Drivers, Challenges, and Trends
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aker Solutions ASA
- Baker Hughes Co.
- Dril-Quip Inc.
- Kongsberg Gruppen ASA
- McDermott International Inc.
- NOV Inc.
- Oceaneering International Inc.
- Schlumberger Ltd.
- Siemens AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research Methodology
- List of abbreviations
List of Exhibits
- Key Finding 1
- Key Finding 2
- Key Finding 3
- Key Finding 5
- Key Finding 6
- Key Finding 7
- Key Finding 8
- Parent market
- Market characteristics
- Offerings of vendors included in the market definition
- Market segments
- Global - Market size and forecast 2021 - 2026 ($ million)
- Global market: Year-over-year growth 2021 - 2026 (%)
- Five forces analysis 2021 & 2026
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition - Five forces 2021
- Type - Market share 2021-2026 (%)
- Comparison by Type
- Production systems - Market size and forecast 2021-2026 ($ million)
- Production systems - Year-over-year growth 2021-2026 (%)
- Processing systems - Market size and forecast 2021-2026 ($ million)
- Processing systems - Year-over-year growth 2021-2026 (%)
- Market opportunity by Type
- Customer landscape
- Market share By Geographical Landscape 2021-2026 (%)
- Geographic comparison
- Europe - Market size and forecast 2021-2026 ($ million)
- Europe - Year-over-year growth 2021-2026 (%)
- APAC - Market size and forecast 2021-2026 ($ million)
- APAC - Year-over-year growth 2021-2026 (%)
- North America - Market size and forecast 2021-2026 ($ million)
- North America - Year-over-year growth 2021-2026 (%)
- MEA - Market size and forecast 2021-2026 ($ million)
- MEA - Year-over-year growth 2021-2026 (%)
- South America - Market size and forecast 2021-2026 ($ million)
- South America - Year-over-year growth 2021-2026 (%)
- Key leading countries
- Market opportunity By Geographical Landscape ($ million)
- Impact of drivers and challenges
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- Aker Solutions ASA - Overview
- Aker Solutions ASA - Business segments
- Aker Solutions ASA - Key offerings
- Aker Solutions ASA - Key customers
- Aker Solutions ASA - Segment focus
- Baker Hughes Co. - Overview
- Baker Hughes Co. - Business segments
- Baker Hughes Co. - Key offerings
- Baker Hughes Co. - Key customers
- Baker Hughes Co. - Segment focus
- Dril-Quip Inc. - Overview
- Dril-Quip Inc. - Business segments
- Dril-Quip Inc. - Key offerings
- Dril-Quip Inc. - Key customers
- Dril-Quip Inc. - Segment focus
- Kongsberg Gruppen ASA - Overview
- Kongsberg Gruppen ASA - Business segments
- Kongsberg Gruppen ASA - Key offerings
- Kongsberg Gruppen ASA - Key customers
- Kongsberg Gruppen ASA - Segment focus
- McDermott International Inc. - Overview
- McDermott International Inc. - Business segments
- McDermott International Inc. - Key offerings
- McDermott International Inc. - Key customers
- McDermott International Inc. - Segment focus
- NOV Inc. - Overview
- NOV Inc. - Business segments
- NOV Inc. - Key offerings
- NOV Inc. - Key customers
- NOV Inc. - Segment focus
- Oceaneering International Inc. - Overview
- Oceaneering International Inc. - Business segments
- Oceaneering International Inc. - Key offerings
- Oceaneering International Inc. - Key customers
- Oceaneering International Inc. - Segment focus
- Parker Hannifin Corp. - Overview
- Parker Hannifin Corp. - Business segments
- Parker Hannifin Corp. - Key offerings
- Parker Hannifin Corp. - Key customers
- Parker Hannifin Corp. - Segment focus
- Schlumberger Ltd. - Overview
- Schlumberger Ltd. - Business segments
- Schlumberger Ltd. - Key offerings
- Schlumberger Ltd. - Key customers
- Schlumberger Ltd. - Segment focus
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key offerings
- Siemens AG - Key customers
- Siemens AG - Segment focus
- Currency conversion rates for US$
- Research Methodology
- Validation techniques employed for market sizing
- Information sources
- List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global subsea systems market: Aker Solutions ASA, Baker Hughes Co., Dril-Quip Inc., Kongsberg Gruppen ASA, McDermott International Inc., NOV Inc., Oceaneering International Inc., Parker Hannifin Corp., Schlumberger Ltd., and Siemens AG.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is rise in deepwater and ultra-deepwater exploration and production projects.`
According to the report, one of the major drivers for this market is the increasing investments in the offshore upstream sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aker Solutions ASA
- Baker Hughes Co.
- Dril-Quip Inc.
- Kongsberg Gruppen ASA
- McDermott International Inc.
- NOV Inc.
- Oceaneering International Inc.
- Parker Hannifin Corp.
- Schlumberger Ltd.
- Siemens AG
