Transparency Market Research Subsea Manifolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020 Published Date 27-Feb-2015 81 Page Report Buy Now Request Sample Press Release Global expenditure on subsea manifolds is estimated to reach USD 3,716.42 million by 2020:Transparency Market Research Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Subsea Manifolds Market REPORT DESCRIPTION Subsea Manifolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020 Transparency Market Research has released a new market report titled Subsea Manifolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020.According to the report, the global subsea manifolds market was valued at USD 2,540.01 million and is expected to reach USD 3,716.42 million by 2020, expanding at a CAGR of 5.60% between 2014 and 2020. Browse Subsea Manifolds Market Report with Full TOC at http://www.transparencymarketresearch.com/subsea-manifolds-market.html The hydrocarbon exploration and production companies are gradually shifting their focus towards the development of distinct deepwater basins. Rising investments in complex offshore reservoir structures lead to increase in demand for efficient and advanced technologies. The exploration companies are installing subsea structures with an aim to increase oil recovery from deepwater reservoirs, extend life of existing fields, and reduce the capital and operating expenditures. Subsea technologies have gradually developed over the years and future offshore development projects would benefit from this technology as it substantially reduces the cost associated with production platforms. Subsea manifold systems are key equipment, designed to direct the flow from subsea production wells into multiple production flowline headers. Subsea manifold systems are utilized by offshore operators to simplify the subsea system. Currently, Europe is the major market for subsea manifolds in terms of installations. The mandatory use of a template structure for the protection of subsea instruments substantially increases the installation costs in Europe. It is expected that exploration companies operating in offshore areas of Brazil and West Africa are likely to be the major consumers of subsea manifolds within the forecast period. Offshore operators in these areas have awarded long-term supply contracts to major subsea technology manufacturers to deliver manifolds for field development activities. Extraction of heavy oils and low reservoir pressures are some of the major factors accountable for the widespread adoption of subsea technologies in these regions. In North America, several deepwater projects are planned in the Gulf of Mexico which would considerably increase the demand for subsea manifolds. Offshore activities in areas such as the Gulf of Mexico, and offshore California are projected to drive investments in the subsea manifolds market. Subsea manifolds systems are widely being deployed in both the Brownfield and Greenfield offshore development projects. At distinct offshore locations, field development through surface facilities might be uneconomical. Investments in subsea technologies are rising considerably due to increasing investments in deepwater areas with harsh operating conditions. The subsea manifold system aids in the transfer of fluids from wellhead into the pipeline or vice versa in case of injection. Production manifolds and injection manifolds are the major application segments of the subsea manifolds market. The requirement of these manifolds depends on field conditions and reservoir properties. However, production manifolds accounted for the major market share in terms of installations in 2013. Aging reserves in regions such as Europe and Transparency Market Research 2 Subsea Manifolds Market low reservoir pressure in subsea areas of Latin America are the major factors attracting investments in the injection manifolds market. This research has been designed to estimate, analyze, and forecast market revenue of the subsea manifolds market. It provides an in-depth analysis of the market size of subsea manifolds in terms of revenue (USD Million). Key players in the market include Aker Solutions ASA, FMC Technologies Inc., General Electric, OneSubsea, Technip S.A., and Dril-Quip Inc. The report provides an overview of these companies, their financial revenues, business strategies, and recent developments. The research analyzes and estimates the performance of the global subsea manifolds market. It provides a detailed trend analysis of the market in terms of geography and offers a comprehensive analysis of companies that supply subsea manifolds to offshore hydrocarbon exploration companies. For a better understanding of the subsea manifolds industry, the market has been segmented as below: Subsea Manifolds Market: Application Analysis • Production Manifolds • Injection Manifolds Subsea Manifolds Market: Regional Analysis • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Request for sample report http://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=3059 Transparency Market Research 3 Subsea Manifolds Market TABLE OF CONTENT Chapter 1 Preface 1.1 Report Description 1.2 Research Scope 1.3 Market Segmentation 1.4 Research Methodology Chapter 2 Executive Summary 2.1 Global Subsea Manifolds Market Chapter 3 Subsea Manifolds Market – Industry Analysis 3.1 Introduction 3.2 Value Chain Analysis: Subsea Manifolds Market 3.3 Market Drivers 3.3.1 Need For Increased Oil Recovery From Complex Offshore Reservoirs Leading To Development Of Cost Effective Subsea Manifolds 3.3.2 Depleting Onshore Reserves Has Led Exploration And Production Companies To Focus On Development Of Offshore Basins 3.3.2.1 Global Offshore Oil and Gas Production Estimates and Forecast, by Region, 2013 – 2020 (Million Barrels/ Day) 3.3.3 Ability To Adapt To Changing Operating Conditions Is A Crucial Feature Of Subsea Manifold Systems Transparency Market Research 4 Subsea Manifolds Market 3.4 Market Restraints 3.4.1 Uncertainty In Crude Oil Prices Would Impact Profitability Of Offshore Operators Which Might Restrain Subsea Manifolds Market 3.5 Market Opportunities 3.5.1 Increasing Demand For Petroleum Products In Future Is Expected To Boost Investment In Potential Offshore Hydrocarbon Reserves 3.6 Porter’s Five Forces Analysis: Subsea Manifolds Market 3.6.1 Bargaining Power of Suppliers 3.6.2 Bargaining Power of Buyers 3.6.3 Threat of New Entrants 3.6.4 Degree of Competition 3.6.5 Threat of Substitutes 3.7 Market Attractiveness Analysis of Subsea Manifolds, by Region (2013) Chapter 4 Global Subsea Manifolds Market: Application Analysis 4.1 Global Subsea Manifolds Market: Application Overview 4.1.1 Global Subsea Manifolds Market, Revenue Share by Application, 2013 and 2020 4.2 Production Manifolds 4.2.1 Production Manifolds Market Estimates And Forecast, 2013 – 2020 (USD Million) 4.2.2 Production Manifolds Market Estimates And Forecast, By Region, 2013 – 2020 (USD Million) 4.3 Injection Manifolds 4.3.1 Injection Manifolds Market Estimates And Forecast, 2013 – 2020 (USD Million) Transparency Market Research 5 Subsea Manifolds Market 4.3.2 Injection Manifolds Market Estimates And Forecast, By Region, 2013 – 2020 (USD Million) Chapter 5 Global Subsea Manifolds Market: Regional Analysis 5.1 Global Subsea Manifolds Market: Regional Overview 5.1.1 Global Subsea Manifolds Market, Revenue Share by Region, 2013 and 2020 5.2 North America 5.2.1 North America Subsea Manifolds Market Estimates And Forecast, 2013 – 2020 (USD Million) 5.2.2 North America Subsea Manifolds Market Estimates And Forecast, By Application, 2013 – 2020 (USD Million) 5.3 Europe 5.3.1 Europe Subsea Manifolds Market Estimates And Forecast, 2013 – 2020 (USD Million) 5.3.2 Europe Subsea Manifolds Market Estimates And Forecast, By Application, 2013 – 2020 (USD Million) 5.4 Asia Pacific 5.4.1 Asia Pacific Subsea Manifolds Market Estimates And Forecast, 2013 – 2020 (USD Million) 5.4.2 Asia Pacific Subsea Manifolds Market Estimates And Forecast, By Application, 2013 – 2020 (USD Million) 5.5 Middle East & Africa (MEA) 5.5.1 MEA Subsea Manifolds Market Estimates And Forecast, 2013 – 2020 (USD Million) 5.5.2 MEA Subsea Manifolds Market Estimates And Forecast, By Application, 2013 – 2020 (USD Million) 5.6 Latin America 5.6.1 Latin America Subsea Manifolds Market Estimates And Forecast, 2013 – 2020 (USD Million) Transparency Market Research 6 Subsea Manifolds Market 5.6.2 Latin America Subsea Manifolds Market Estimates And Forecast, By Application, 2013 – 2020 (USD Million) Chapter 6 Company Profiles 6.1 ABB Limited 6.1.1 Company overview 6.1.2 Financial overview 6.1.3 Business strategies 6.1.4 Recent developments 6.2 Aker Solutions ASA 6.2.1 Company overview 6.2.2 Financial overview 6.2.3 Business strategies 6.2.4 Recent developments 6.3 Baker Hughes Incorporated 6.3.1 Company overview 6.3.2 Financial overview 6.3.3 Business strategies 6.3.4 Recent developments 6.4 Dril-Quip Inc. 6.4.1 Company overview 6.4.2 Financial overview Transparency Market Research 7 Subsea Manifolds Market 6.4.3 Business strategies 6.4.4 Recent developments 6.5 FMC Technologies Inc. 6.5.1 Company overview 6.5.2 Financial overview 6.5.3 Business strategies 6.5.4 Recent developments 6.6 General Electric 6.6.1 Company overview 6.6.2 Financial overview 6.6.3 Business strategies 6.6.4 Recent developments 6.7 ITT Bornemann GmbH 6.7.1 Company overview 6.7.2 Financial overview 6.7.3 Business strategy 6.7.4 Recent developments 6.8 OneSubsea 6.8.1 Company overview 6.8.2 Financial overview 6.8.3 Business strategies 6.8.4 Recent developments Transparency Market Research 8 Subsea Manifolds Market 6.9 Siemens AG 6.9.1 Company overview 6.9.2 Financial overview 6.9.3 Business strategies 6.9.4 Recent developments 6.10 Subsea 7 S.A. 6.10.1 Company overview 6.10.2 Financial overview 6.10.3 Business strategies 6.10.4 Recent developments 6.11 Technip S.A. 6.11.1 Company overview 6.11.2 Financial overview 6.11.3 Business strategies 6.11.4 Recent developments Browse Subsea Manifolds Market Report with Full TOC at http://www.transparencymarketresearch.com/subsea-manifolds-market.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. Transparency Market Research 9 Subsea Manifolds Market We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 10
A recent study on the global subsea manifolds market states that the market will expand at a 5.60% CAGR during the forecast period of 2014-2020. The subsea manifolds market was worth US$2,540.01 million and is estimated to be worth US$3,716.42 million by 2020. Complete Report Subsea Manifolds Market with TOC : http://www.transparencymarketresearch.com/subsea-manifolds-market.html Increased need for oil recovery out of complex offshore reservoirs will drive the growth of the global subsea manifolds market. Additionally, the ability of subsea manifolds to adapt to shifting operating conditions will further fuel the growth of this industry.
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