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The subsea systems market is forecasted to grow by USD 1.35 billion during 2023-2028, accelerating at a CAGR of 2.1% 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in offshore upstream sector, growing demand for oil and natural gas, and rise in deepwater and ultra-deepwater e and p projects.
The subsea systems market is segmented as below:
By Type
- Production systems
- Processing systems
By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
The report on the subsea systems market covers the following areas:
- Subsea Systems Market sizing
- Subsea Systems Market forecast
- Subsea Systems Market industry analysis
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 report 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Five Forces Analysis
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global subsea systems market: Aker Solutions ASA, Baker Hughes Co., BP Plc, Dril Quip Inc., Equinor ASA, Exxon Mobil Corp., General Electric Co., Halliburton Co., Kerui Petroleum and Gas, Kongsberg Gruppen ASA, McDermott International Ltd., NOV Inc., Oceaneering International Inc., Parker Hannifin Corp., Proserv UK Ltd., Saipem S.p.A., Schlumberger Ltd., Siemens AG, Subsea 7 SA, and TechnipFMC plc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is adoption of smart subsea solution."
According to the report, one of the major drivers for this market is the increasing investments in 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.
- BP Plc
- Dril Quip Inc.
- Equinor ASA
- Exxon Mobil Corp.
- General Electric Co.
- Halliburton Co.
- Kerui Petroleum and Gas
- Kongsberg Gruppen ASA
- McDermott International Ltd.
- NOV Inc.
- Oceaneering International Inc.
- Parker Hannifin Corp.
- Proserv UK Ltd.
- Saipem S.p.A.
- Schlumberger Ltd.
- Siemens AG
- Subsea 7 SA
- TechnipFMC plc
