Market Overview:
The global subsea manifolds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. In addition, the growing exploration and production activities in deepwater and ultra-deepwater regions are also contributing to the growth of this market. The global subsea manifolds market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into template manifolds, cluster manifolds, pipeline end manifold (PEM), and others. The template manifold segment is expected to hold a major share in terms of revenue in 2018 owing to its high usage in offshore production facilities such as FPSOs (floating production storage & offloading) vessels and semi-submersible rigs. On the basis of application, it can be classified into production manifold and injection manifold segments.
Product Definition:
A subsea manifold is a pipeline junction that allows two or more pipelines to merge into a single line. The manifold can be located on the seabed, on a platform or vessel, or at the landfall. It is an important piece of infrastructure for the transportation of oil and gas from offshore production facilities to onshore processing plants and terminals.
Template Manifold:
A typical example of a manifold is shown in figure 1. It consists of a number of tubes or pipes which are connected by valves and joints. The purpose is to provide fluid communication between the input and output without having to drill through the rock formation.
The type of manifold used depends on factors such as application, Rock Type (Shale, Carbonate), Well Type (Horizontal, Vertical) and downhole Wellbore Geometry (Round Borehole).
Cluster Manifold:
Cluster manifold is a device used to control and monitor subsea manifolds. It helps in monitoring the flow of fluids from one point to another with more accuracy. The cluster manifold can be used for multiple applications such as production, injection, and flowback management among others.
Application Insights:
The production manifold segment dominated the global subsea manifolds market in terms of revenue share in 2017. The growth can be attributed to increasing demand for oil & gas from emerging economies such as China, India and Brazil. These countries are also home to some of the largest offshore oil reserves which are yet to be developed. This is expected to drive the product demand over the forecast period.
Subsea manifolds help manage complex processes involved in drilling and completion operations along with well testing activities at different stages of exploration and production lifecycles thereby ensuring efficient workflow management across all departments within an organization involved in these processes including Drilling Contractors, Production Managers, Testing Services Providers (TSPs), Subsurface Testing Services Providers (STSPs) along with their supply chain partners i.e.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, owing to increasing demand from countries such as China and India. The growth in this region is attributed to the rising production of oil & gas and petroleum across these economies. In addition, growing offshore activities in this region are anticipated to propel market growth over the forecast period.
The Middle East & Africa accounted for a significant share in 2016 due to increased exploration activities off the coast of Angola and Nigeria. However, low oil prices have resulted in reducing investments by various companies such as Total SA (France), ExxonMobil Corp (U.S.), Royal Dutch Shell Plc (U.K.).
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization in developing countries
- Rising investment in offshore exploration and production
- Proliferation of subsea infrastructure projects due to the increasing popularity of deepwater drilling and floating production systems
- Technological advancements that have led to the development of more compact, lightweight, and efficient manifolds
- Growing demand for decommissioning services as aging subsea infrastructure is retired
Scope Of The Report
Report Attributes
Report Details
Report Title
Subsea Manifolds Market Research Report
By Type
Template Manifold, Cluster Manifold, Pipeline End Manifold
By Application
Production Manifold, Injection Manifold
By Companies
Aker Solutions ASA, FMC Technologies
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Subsea Manifolds Market Report Segments:
The global Subsea Manifolds market is segmented on the basis of:
Types
Template Manifold, Cluster Manifold, Pipeline End Manifold
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
Production Manifold, Injection Manifold
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 ASA
- FMC Technologies
Highlights of The Subsea Manifolds 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:
- Template Manifold
- Cluster Manifold
- Pipeline End Manifold
- By Application:
- Production Manifold
- Injection Manifold
- 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 Subsea Manifolds 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.
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- Correctly Positioning New Products
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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?
Subsea manifolds are a type of pipeline that are used to transport oil and gas. They are made out of metal and plastic, and can be submerged in water.
Some of the major players in the subsea manifolds market are Aker Solutions ASA, FMC Technologies.
The subsea manifolds market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Subsea Manifolds 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. Subsea Manifolds Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Subsea Manifolds Market - Supply Chain
4.5. Global Subsea Manifolds Market Forecast
4.5.1. Subsea Manifolds Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Subsea Manifolds Market Size (000 Units) and Y-o-Y Growth
4.5.3. Subsea Manifolds Market Absolute $ Opportunity
5. Global Subsea Manifolds 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. Subsea Manifolds Market Size and Volume Forecast by Type
5.3.1. Template Manifold
5.3.2. Cluster Manifold
5.3.3. Pipeline End Manifold
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Subsea Manifolds 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. Subsea Manifolds Market Size and Volume Forecast by Application
6.3.1. Production Manifold
6.3.2. Injection Manifold
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Subsea Manifolds 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. Subsea Manifolds 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 Subsea Manifolds 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. Subsea Manifolds 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 Subsea Manifolds Demand Share Forecast, 2019-2026
9. North America Subsea Manifolds 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 Subsea Manifolds 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 Subsea Manifolds Market Size and Volume Forecast by Application
9.4.1. Production Manifold
9.4.2. Injection Manifold
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Subsea Manifolds Market Size and Volume Forecast by Type
9.7.1. Template Manifold
9.7.2. Cluster Manifold
9.7.3. Pipeline End Manifold
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 Subsea Manifolds Demand Share Forecast, 2019-2026
10. Latin America Subsea Manifolds 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 Subsea Manifolds 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 Subsea Manifolds Market Size and Volume Forecast by Application
10.4.1. Production Manifold
10.4.2. Injection Manifold
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Subsea Manifolds Market Size and Volume Forecast by Type
10.7.1. Template Manifold
10.7.2. Cluster Manifold
10.7.3. Pipeline End Manifold
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 Subsea Manifolds Demand Share Forecast, 2019-2026
11. Europe Subsea Manifolds 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 Subsea Manifolds 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 Subsea Manifolds Market Size and Volume Forecast by Application
11.4.1. Production Manifold
11.4.2. Injection Manifold
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Subsea Manifolds Market Size and Volume Forecast by Type
11.7.1. Template Manifold
11.7.2. Cluster Manifold
11.7.3. Pipeline End Manifold
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 Subsea Manifolds Demand Share, 2019-2026
12. Asia Pacific Subsea Manifolds 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 Subsea Manifolds 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 Subsea Manifolds Market Size and Volume Forecast by Application
12.4.1. Production Manifold
12.4.2. Injection Manifold
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Subsea Manifolds Market Size and Volume Forecast by Type
12.7.1. Template Manifold
12.7.2. Cluster Manifold
12.7.3. Pipeline End Manifold
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 Subsea Manifolds Demand Share, 2019-2026
13. Middle East & Africa Subsea Manifolds 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 Subsea Manifolds 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 Subsea Manifolds Market Size and Volume Forecast by Application
13.4.1. Production Manifold
13.4.2. Injection Manifold
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Subsea Manifolds Market Size and Volume Forecast by Type
13.7.1. Template Manifold
13.7.2. Cluster Manifold
13.7.3. Pipeline End Manifold
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 Subsea Manifolds Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Subsea Manifolds Market: Market Share Analysis
14.2. Subsea Manifolds Distributors and Customers
14.3. Subsea Manifolds Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aker Solutions ASA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FMC Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
