Market Overview:
The global oil & gas subsea umbilicals, risers and flowlines market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for oil and gas across the globe. In addition, the growing investment in deepwater and ultra-deepwater oil & gas exploration projects is also propelling the growth of this market. The subsea umbilicals segment is projected to grow at a CAGR of 6.0% from 2018 to 2030, owing to the increasing demand for these products in offshore drilling applications. The shallow water oil & gas fields segment accounted for majority of the share in 2017 and is projected to maintain its dominance during the forecast period as well. However, with an increase in deepwater and ultra-deepwater drilling activities, this segment will lose its share by 2030 end .
Product Definition:
Oil & Gas Subsea Umbilicals, Risers & Flowline is a system used to bring oil and gas from the seabed to the surface. The importance of Oil & Gas Subsea Umbilicals, Risers & Flowline is that it allows for the extraction of resources from beneath the ocean floor.
Umbilicals:
Umbilicals, it's usage and growth factor in Oil & Gas Subsea umbilical, risers & flowline market is expected to grow at a significant rate over the forecast period. The global umbilical market has been witnessing strong growth on account of increasing offshore oil and gas E&P activities coupled with growing demand for subsea equipment.
Risers and Flowlines:
Risers and flowlines are used in oil & gas subsea umbilicals to provide a means of connection between the wellhead equipment and the production or injection equipment. Risers consist of one or more sections made from high strength steel, alloy, fiber-reinforced plastic (FRP), or other material which is lowered into the wellbore using mechanical devices known as riser pipes.
Application Insights:
On the basis of application, the global oil & gas subsea umbilicals, risers and flowline market is segmented into shallow water oil & gas fields, deepwater oil & gas fields, and ultra-deepwater oil & gas fields. The shallow water field segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to several factors such as extensive use in onshore activities due to their low cost and easy availability coupled with growing demand for LNG from onshore activities has led to a significant increase in demand over recent years.
Regional Analysis:
North America emerged as the dominant regional market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in offshore oil and gas activities in U.S. However, growing demand for natural gas from shale plays is anticipated to drive industry expansion over the next eight years.
Asia Pacific was estimated as the third-largest regional market on account of rising investments by various state-owned oil companies such as China National Offshore Oil Corporation (CNOOC) and Petroliam Nasional Bhd (Petronas). In addition, increasing number of discoveries of hydrocarbon reserves off Vietnam and Thailand are projected to have a positive impact on industry development over the coming years.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization in developing countries
- Rising investment in offshore exploration and production activities
- Proliferation of deepwater and ultra-deepwater drilling activities
- Development of new technologies for subsea umbilicals, risers, and flowline systems
- Growing focus on safety and efficiency in the subsea oil & gas industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil & Gas Subsea Umbilicals, Risers & Flowline Market Research Report
By Type
Umbilicals, Risers and Flowlines
By Application
Shallow Water Oil & Gas Fields, Deepwater Oil & Gas Fields, Ultra Deepwater Oil & Gas Fields
By Companies
Aker Solutions, Technip, FMC Technologies, Prysmian Group, Vallourec, Nexans, JDR, Oceaneering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Oil & Gas Subsea Umbilicals, Risers & Flowline Market Report Segments:
The global Oil & Gas Subsea Umbilicals, Risers & Flowline market is segmented on the basis of:
Types
Umbilicals, Risers and Flowlines
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shallow Water Oil & Gas Fields, Deepwater Oil & Gas Fields, Ultra Deepwater Oil & Gas Fields
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aker Solutions
- Technip
- FMC Technologies
- Prysmian Group
- Vallourec
- Nexans
- JDR
- Oceaneering
Highlights of The Oil & Gas Subsea Umbilicals, Risers & Flowline Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Umbilicals
- Risers and Flowlines
- By Application:
- Shallow Water Oil & Gas Fields
- Deepwater Oil & Gas Fields
- Ultra Deepwater Oil & Gas Fields
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil & Gas Subsea Umbilicals, Risers & Flowline Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil & Gas Subsea Umbilicals, Risers & Flowline are components of an offshore oil and gas production system. They are used to transfer oil or gas from the wellhead to the platform or storage facility.
Some of the major companies in the oil & gas subsea umbilicals, risers & flowline market are Aker Solutions, Technip, FMC Technologies, Prysmian Group, Vallourec, Nexans, JDR, Oceaneering.
The oil & gas subsea umbilicals, risers & flowline market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil & Gas Subsea Umbilicals, Risers & Flowline Market - Supply Chain
4.5. Global Oil & Gas Subsea Umbilicals, Risers & Flowline Market Forecast
4.5.1. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Absolute $ Opportunity
5. Global Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Type
5.3.1. Umbilicals
5.3.2. Risers and Flowlines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Application
6.3.1. Shallow Water Oil & Gas Fields
6.3.2. Deepwater Oil & Gas Fields
6.3.3. Ultra Deepwater Oil & Gas Fields
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil & Gas Subsea Umbilicals, Risers & Flowline Demand Share Forecast, 2019-2026
9. North America Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Application
9.4.1. Shallow Water Oil & Gas Fields
9.4.2. Deepwater Oil & Gas Fields
9.4.3. Ultra Deepwater Oil & Gas Fields
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Type
9.7.1. Umbilicals
9.7.2. Risers and Flowlines
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil & Gas Subsea Umbilicals, Risers & Flowline Demand Share Forecast, 2019-2026
10. Latin America Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Application
10.4.1. Shallow Water Oil & Gas Fields
10.4.2. Deepwater Oil & Gas Fields
10.4.3. Ultra Deepwater Oil & Gas Fields
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Type
10.7.1. Umbilicals
10.7.2. Risers and Flowlines
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil & Gas Subsea Umbilicals, Risers & Flowline Demand Share Forecast, 2019-2026
11. Europe Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Application
11.4.1. Shallow Water Oil & Gas Fields
11.4.2. Deepwater Oil & Gas Fields
11.4.3. Ultra Deepwater Oil & Gas Fields
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Type
11.7.1. Umbilicals
11.7.2. Risers and Flowlines
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil & Gas Subsea Umbilicals, Risers & Flowline Demand Share, 2019-2026
12. Asia Pacific Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Application
12.4.1. Shallow Water Oil & Gas Fields
12.4.2. Deepwater Oil & Gas Fields
12.4.3. Ultra Deepwater Oil & Gas Fields
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Type
12.7.1. Umbilicals
12.7.2. Risers and Flowlines
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil & Gas Subsea Umbilicals, Risers & Flowline Demand Share, 2019-2026
13. Middle East & Africa Oil & Gas Subsea Umbilicals, Risers & Flowline Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Application
13.4.1. Shallow Water Oil & Gas Fields
13.4.2. Deepwater Oil & Gas Fields
13.4.3. Ultra Deepwater Oil & Gas Fields
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil & Gas Subsea Umbilicals, Risers & Flowline Market Size and Volume Forecast by Type
13.7.1. Umbilicals
13.7.2. Risers and Flowlines
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil & Gas Subsea Umbilicals, Risers & Flowline Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil & Gas Subsea Umbilicals, Risers & Flowline Market: Market Share Analysis
14.2. Oil & Gas Subsea Umbilicals, Risers & Flowline Distributors and Customers
14.3. Oil & Gas Subsea Umbilicals, Risers & Flowline Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aker Solutions
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Technip
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FMC Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Prysmian Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vallourec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nexans
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JDR
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Oceaneering
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
