The global subsea systems market is expected to grow at a CAGR of 4.5% from 2021 to 2030. The growth of the market can be attributed to the increasing demand for deepwater oil and gas production, which in turn is driving the need for subsea systems. The increasing demand for deepwater oil and gas production has led to an increase in investments in offshore exploration activities, which has resulted in an increased need for subsea systems.
The global subsea systems market by type includes: Subsea Production Systems, Subsea Processing Systems, Subsea Pipeline Systems and Subsea Mooring Systems. The application segment includes: Deepwater Oil and Gas Production. The regional segmentation includes North America, Latin America, Europe, Asia Pacific and Middle East & Africa regions.
Some Of The Growth Factors Of This Market:
- The growth of the subsea systems market is driven by the increasing demand for offshore oil and gas exploration and production activities in countries such as Brazil, Russia, India, China (BRIC), and South Africa.
- Technavio's research also found that the increasing demand for deep-water drilling equipment will drive the growth of this market during the forecast period.
- Increasing investments in offshore wind power generation projects will also fuel this market's growth.
- Increasing investments in renewable energy sources such as solar power will also fuel this market's growth.
Industry Growth Insights published a new data on “Subsea Systems Market”. The research report is titled “Subsea Systems Market research by Types (Subsea Production Systems, Subsea Processing Systems, Subsea Pipeline Systems, Subsea Mooring Systems), By Applications (Deepwater Oil, Gas Production, Others), By Players/Companies FMC Technologies, GE Oil & Gas, Hitec Products, Sulzer, Howco Group, Aker Solutions, One Subsea, Parker Hannifin, Subsea 7, Technip, Dril-Quip, Kongsberg Oil & Gas Technologies, Cameron International, HCS Control Systems, Zetechtics, National Oilwell Varco, Siemens, Hydrosys”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Subsea Systems Market Research Report
By Type
Subsea Production Systems, Subsea Processing Systems, Subsea Pipeline Systems, Subsea Mooring Systems
By Application
Deepwater Oil, Gas Production, Others
By Companies
FMC Technologies, GE Oil & Gas, Hitec Products, Sulzer, Howco Group, Aker Solutions, One Subsea, Parker Hannifin, Subsea 7, Technip, Dril-Quip, Kongsberg Oil & Gas Technologies, Cameron International, HCS Control Systems, Zetechtics, National Oilwell Varco, Siemens, Hydrosys
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Subsea Systems Market Report Segments:
The global Subsea Systems market is segmented on the basis of:
Types
Subsea Production Systems, Subsea Processing Systems, Subsea Pipeline Systems, Subsea Mooring Systems
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
Deepwater Oil, Gas Production, Others
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:
- FMC Technologies
- GE Oil & Gas
- Hitec Products
- Sulzer
- Howco Group
- Aker Solutions
- One Subsea
- Parker Hannifin
- Subsea 7
- Technip
- Dril-Quip
- Kongsberg Oil & Gas Technologies
- Cameron International
- HCS Control Systems
- Zetechtics
- National Oilwell Varco
- Siemens
- Hydrosys
Highlights of The Subsea Systems 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:
- Subsea Production Systems
- Subsea Processing Systems
- Subsea Pipeline Systems
- Subsea Mooring Systems
- By Application:
- Deepwater Oil
- Gas Production
- Others
- 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 Systems 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 Systems is a global provider of innovative technology and services to the offshore oil and gas industry. We provide our customers with world-class engineering, procurement, construction management, operations and maintenance (O&M) capabilities for subsea systems. Our team has over 150 years of experience in the offshore oil and gas industry, providing our clients with an unparalleled level of expertise.
Some of the major players in the subsea systems market are FMC Technologies, GE Oil & Gas, Hitec Products, Sulzer, Howco Group, Aker Solutions, One Subsea, Parker Hannifin, Subsea 7, Technip, Dril-Quip, Kongsberg Oil & Gas Technologies, Cameron International, HCS Control Systems, Zetechtics, National Oilwell Varco, Siemens, Hydrosys.
The subsea systems market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Subsea Systems 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 Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Subsea Systems Market - Supply Chain
4.5. Global Subsea Systems Market Forecast
4.5.1. Subsea Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Subsea Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Subsea Systems Market Absolute $ Opportunity
5. Global Subsea Systems 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 Systems Market Size and Volume Forecast by Type
5.3.1. Subsea Production Systems
5.3.2. Subsea Processing Systems
5.3.3. Subsea Pipeline Systems
5.3.4. Subsea Mooring Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Subsea Systems 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 Systems Market Size and Volume Forecast by Application
6.3.1. Deepwater Oil
6.3.2. Gas Production
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Subsea Systems 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 Systems 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 Systems 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 Systems 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 Systems Demand Share Forecast, 2019-2026
9. North America Subsea Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
9.4.1. Deepwater Oil
9.4.2. Gas Production
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Subsea Systems Market Size and Volume Forecast by Type
9.7.1. Subsea Production Systems
9.7.2. Subsea Processing Systems
9.7.3. Subsea Pipeline Systems
9.7.4. Subsea Mooring Systems
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 Systems Demand Share Forecast, 2019-2026
10. Latin America Subsea Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
10.4.1. Deepwater Oil
10.4.2. Gas Production
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Subsea Systems Market Size and Volume Forecast by Type
10.7.1. Subsea Production Systems
10.7.2. Subsea Processing Systems
10.7.3. Subsea Pipeline Systems
10.7.4. Subsea Mooring Systems
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 Systems Demand Share Forecast, 2019-2026
11. Europe Subsea Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
11.4.1. Deepwater Oil
11.4.2. Gas Production
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Subsea Systems Market Size and Volume Forecast by Type
11.7.1. Subsea Production Systems
11.7.2. Subsea Processing Systems
11.7.3. Subsea Pipeline Systems
11.7.4. Subsea Mooring Systems
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projecions 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 Systems Demand Share, 2019-2026
12. Asia Pacific Subsea Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
12.4.1. Deepwater Oil
12.4.2. Gas Production
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Subsea Systems Market Size and Volume Forecast by Type
12.7.1. Subsea Production Systems
12.7.2. Subsea Processing Systems
12.7.3. Subsea Pipeline Systems
12.7.4. Subsea Mooring Systems
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 Systems Demand Share, 2019-2026
13. Middle East & Africa Subsea Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
13.4.1. Deepwater Oil
13.4.2. Gas Production
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Subsea Systems Market Size and Volume Forecast by Type
13.7.1. Subsea Production Systems
13.7.2. Subsea Processing Systems
13.7.3. Subsea Pipeline Systems
13.7.4. Subsea Mooring Systems
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 Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Subsea Systems Market: Market Share Analysis
14.2. Subsea Systems Distributors and Customers
14.3. Subsea Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FMC Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Oil & Gas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitec Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sulzer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Howco Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aker Solutions
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. One Subsea
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Parker Hannifin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Subsea 7
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Technip
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dril-Quip
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kongsberg Oil & Gas Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cameron International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HCS Control Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zetechtics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. National Oilwell Varco
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Siemens
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hydrosys
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
