Press release
Global Oil & Gas Subsea Umbilicals Market Was Valued At Us$ 3421 Million In 2022 And Is Anticipated To Reach Us$ 5379.4 Million By 2029, Witnessing A Cagr Of 6.6% During Forecast Period 2023-2029
Los Angeles, United States January 2023,- The research study presented here is a brilliant compilation of different types of analysis of critical aspects of the global Oil & Gas Subsea Umbilicals market. It sheds light on how the global Oil & Gas Subsea Umbilicals market is expected to grow during the course of the forecast period. With SWOT analysis and Porter's Five Forces analysis, it gives a deep explanation of the strengths and weaknesses of the global Oil & Gas Subsea Umbilicals market and the different players operating therein. The authors of the report have also provided qualitative and quantitative analyses of several microeconomic and macroeconomic factors impacting the global Oil & Gas Subsea Umbilicals market. In addition, the research study helps to understand the changes in the industry supply chain, manufacturing process and cost, sales scenarios, and dynamics of the global Oil & Gas Subsea Umbilicals market.An umbilical, or umbilical cable, is a static or dynamic cable that is the vital link between subsea production and processing systems and the surface, as well as between elements within the larger subsea system via flying leads. Umbilicals are composite cables that have the ability to carry out a large range of processes. Their purpose includes: hydraulic power and chemicals; electric power; and telecommunications (fibre optics). Umbilicals are able to complete an assortment of tasks, including activating wells, managing subsea control panels, feeding information about temperatures, pressures, flows and well integrity back to the surface control teams, supplying hydraulic and electric power to wellheads and manifolds, as well as delivering chemicals to the subsea wells and into the production flows.
Highlights
The global Oil & Gas Subsea Umbilicals market was valued at US$ 3421 million in 2022 and is anticipated to reach US$ 5379.4 million by 2029, witnessing a CAGR of 6.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Europe is the largest Oil & Gas Subsea Umbilicals market with about 32% market share. North America is follower, accounting for about 26% market share.
The key players are Oceaneering, Aker Solutions, Nexans, Technip, Prysmian, Subsea 7, Vallourec, Parker, Cortland, Orient Cable etc. Top 3 companies occupied about 40% market share.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Oil & Gas Subsea Umbilicals , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil & Gas Subsea Umbilicals .
The Oil & Gas Subsea Umbilicals market size, estimations, and forecasts are provided in terms of output/shipments (Ton) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Oil & Gas Subsea Umbilicals market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Oil & Gas Subsea Umbilicals manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Oceaneering, Aker Solutions, Nexans, Technip, Prysmian, Subsea 7, Vallourec, Parker, Cortland, Orient Cable
Segment by Type
Thermoplastic Hose Umbilical, Steel Tube Umbilical, Power Umbilical, Integrated Services Umbilical
Segment by Application
Below 500m, 501m-1000m, 1001m-1500m, Above 1500m
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Oil & Gas Subsea Umbilicals manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Oil & Gas Subsea Umbilicals by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Oil & Gas Subsea Umbilicals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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