Subsea Systems Global Market 2018: Key Players – Aker Solutions, GE Oil and Gas, FMC Technologies, Inc., Parker Hannifin Corporation

The subsea systems market is expected to grow at a CAGR of 1.84%, increasing from US$13.869 billion in 2017 to US$15.476 billion in 2023. Subsea systems are located on the seabed in shallow or deep water to enhance the oil recovery process by offering cost-effective solutions and helping in maintaining the stability of offshore basins. Growing focus on deep sea drilling is increasing the demand for subsea systems across the globe. Increasing demand for oil and gas products on account of rapidly growing urbanization and industrialization will improve the rate of exploration and production activities. A favourable environment for oil and gas extraction along with rising investments streaming into this industry will continue to fuel the demand for subsea systems. The Middle East and Africa and North America hold a significant share in the global subsea systems market on account of continuing exploration and production activities in these regions.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the SWOT Analysis. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the pressure sensors value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

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Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are Aker Solutions, GE Oil and Gas, FMC Technologies, Inc., Parker Hannifin Corporation, Oceaneering International, Inc., and National Oilwell Varco among others.
Segmentation
The subsea systems market has been analyzed through following segments:

• By Technology
o Subsea Production System
• Subsea Drilling System
• Subsea Manifolds and Jumper Systems
• Subsea Christmas Trees and Wellhead Systems
• Control Systems
• Others
o Subsea Processing System
• Separators
• Boosters
• Others

• By Geography
o North America
• U.S.
• Canada
• Others
o South America
• Brazil
• Others
o Europe
• Norway
• Russia
• United Kingdom
• Others
o Middle East and Africa
• Saudi Arabia
• Iraq
• United Arab Emirates
• Others
o Asia Pacific
• China
• India
• Indonesia
• Malaysia
• Others

Table of Content

1. Introduction
2. Research methodology
3. Executive summary

4. Market dynamics
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Porter’s 5 Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness

5. Subsea systems Market by Technology
5.1. Subsea Production System
5.1.1. Subsea Drilling Systems
5.1.2. Subsea Manifolds and Jumper Systems
5.1.3. Subsea Christmas Trees and Wellhead Systems
5.1.4. Control Systems
5.1.5. Others
5.2. Subsea Processing System
5.2.1. Separators
5.2.2. Boosters
5.2.3. Others

6. Subsea systems Market by Geography
6.1. North America
6.1.1. U.S.
6.1.2. Canada
6.1.3. Others
6.2. South America
6.2.1. Brazil
6.2.2. Others
6.3. Europe
6.3.1. Norway
6.3.2. Russia
6.3.3. United Kingdom
6.3.4. Others
6.4. Middle East and Africa
6.4.1. Saudi Arabia
6.4.2. Iraq
6.4.3. United Arab Emirates
6.4.4. Others
6.5. Asia Pacific
6.5.1. China
6.5.2. India
6.5.3. Indonesia
6.5.4. Malaysia
6.5.5. Others

7. Competitive intelligence
7.1. Market Share of Key Players
7.2. Investment Analysis
7.3. Recent Deals
7.4. Strategies of Key Players

8. Company profiles
8.1. AKER Solutions
8.1.1. Overview
8.1.2. Products and services
8.1.3. Financials
8.1.4. SWOT Analysis
8.2. GE Oil and Gas
8.2.1. Overview
8.2.2. Products and services
8.2.3. Financials
8.2.4. SWOT Analysis
8.3. National Oilwell Varco
8.3.1. Overview
8.3.2. Products and services
8.3.3. Financials
8.3.4. SWOT Analysis
8.4. FMC Technologies, Inc.
8.4.1. Overview
8.4.2. Products and services
8.4.3. Financials
8.4.4. SWOT Analysis
8.5. Dril- Quip, Inc.
8.5.1. Overview
8.5.2. Products and services
8.5.3. Financials
8.5.4. SWOT Analysis
8.6. Parker Hannifin Corporation
8.6.1. Overview
8.6.2. Products and services
8.6.3. Financials
8.6.4. SWOT Analysis
8.7. Expro Group
8.7.1. Overview

……Continued

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