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The subsea umbilicals, risers, and flow lines (SURF) market is forecasted to grow by USD 4.9 billion during 2023-2028, accelerating at a CAGR of 9.53% during the forecast period. The report on the subsea umbilicals, risers, and flow lines (SURF) 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 rise in new exploration policies, surge in energy demand, and declining E&P cost of deep water and ultra-deepwater oil and gas projects.
The subsea umbilicals, risers, and flow lines (SURF) market is segmented as below:
By Product
- Flowlines
- Umbilicals
- Risers
By Type
- Shallow water
- Deep water
- Ultra deep water
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the subsea umbilicals, risers, and flow lines (SURF) market covers the following areas:
- Subsea umbilicals, risers, and flow lines (SURF) market sizing
- Subsea umbilicals, risers, and flow lines (SURF) market forecast
- Subsea umbilicals, risers, and flow lines (SURF) 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.
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
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
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 subsea umbilicals, risers, and flow lines (SURF) market: ABB Ltd., Aker Solutions ASA, ArcelorMittal SA, Baker Hughes Co., Bureau Veritas SA, Dril Quip Inc., FIRST Exploration and Petroleum Development Co. Ltd., Havfram, Kongsberg Gruppen ASA, McDermott International Ltd., Nexans SA, NOV Inc., Oceaneering International Inc., Parker Hannifin Corp., Prysmian Spa, Saipem S.p.A., Schlumberger Ltd., Subsea 7 SA, TechnipFMC PLC, and Vallourec SA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advances in subsea processing."
According to the report, one of the major drivers for this market is the rise in new exploration policies.
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:
- ABB Ltd.
- Aker Solutions ASA
- ArcelorMittal SA
- Baker Hughes Co.
- Bureau Veritas SA
- Dril Quip Inc.
- FIRST Exploration and Petroleum Development Co. Ltd.
- Havfram
- Kongsberg Gruppen ASA
- McDermott International Ltd.
- Nexans SA
- NOV Inc.
- Oceaneering International Inc.
- Parker Hannifin Corp.
- Prysmian Spa
- Saipem S.p.A.
- Schlumberger Ltd.
- Subsea 7 SA
- TechnipFMC plc
- Vallourec SA
