New York, October 09, 2018: The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.
The subsea manifold market is expected to exceed more than US$ 4.0 billion by 2023 growing at a CAGR of more than 5% in the given forecast period 2016 and 2023.
A subsea manifolds are huge in structures, greatly in shape, size and metal equipment used to transfer gas, oil, water or chemicals from wellheads into a pipe line. Subsea manifolds consists of branched valves, headers and pipes carrying gas, oil, chemicals and more. Subsea machineries are designed, consider the harsh working situation in deepwater areas and can be modified depends on the soil property.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include ABB Limited, Aker Solutions ASA, Baker Hughes Incorporated, Dril-Quip Inc., FMC Technologies Inc., General Electric, ITT Bornemann GmbH, OneSubsea, Siemens AG, Subsea 7 S.A. and Technip S.A. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments. The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
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This report provides:
1) An overview of the global market for subsea manifold and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for subsea manifold
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The major driving factors of Subsea Manifolds market are as follows:
Require to enlarged oil recovery from composite offshore reservoir important for growth of cost efficient subsea manifolds
Reducing onto land reserves has lead investigation and production groups to focus on expansion of offshore basins
Capability to adapt to varying operating conditions is a key element of subsea manifold systems. `
The restraints factors of subsea manifold market are as follows:
Indecision in crude oil costs would impact productivity of offshore worker
The Subsea Manifold Market is segmented on the Basis of Application Analysis and Geographical Analysis.
By Application Analysis this market is segmented on the basis of Production Manifolds and Injection Manifolds. By Geographical Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
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Table of Contents
2 Executive Summary
3 Subsea Manifolds Market – Industry Analysis
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
184.108.40.206 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
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)
4 Global Subsea Manifolds Market: Application Analysis
5 Global Subsea Manifolds Market: Regional Analysis
6 Company Profiles
6.1 ABB Limited
6.2 Aker Solutions ASA
6.3 Baker Hughes Incorporated
6.4 Dril-Quip Inc.
6.5 FMC Technologies Inc.
6.6 General Electric
6.7 ITT Bornemann GmbH
6.9 Siemens AG
6.10 Subsea 7 S.A.
6.11 Technip S.A.
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