Subsea Manifolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020

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Research
Subsea Manifolds Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2014 - 2020
Published Date
27-Feb-2015
81 Page Report
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Press Release
Global expenditure on subsea manifolds is estimated to reach
USD 3,716.42 million by 2020:Transparency Market Research
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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
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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
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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
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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)
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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)
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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
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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
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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.
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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.
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According to the report, the global market opportunity in subsea manifolds is expected to rise from US$2.83 bn in 2015 to US$3.71 bn by 2020. By application, the production manifold segment is expected to lead and account for 61.14% of the market by 2020. Europe, followed by the Middle East and Africa, is expected to lead the market by 2020. The global subsea manifolds market is marked by the presence of a few major players. There is fierce competition in the market with regard to both technology and pricing. Advanced technologies play a crucial role in the industry and thus, leading players are investing heavily in R&D. The degree of competition is expected to remain medium in the coming years, states a new report by Transparency Market Research (TMR). The threat of new entrants will be low as they face problems such as lack of high capital and advanced technical expertise requirements. Uncertainty in crude oil prices and locational advantage of major players are other factors making it difficult for new players to enter in the market. Get free research PDF for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3059

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