Global SURF (Subsea Umbilicals, Risers and Flowlines ... · 3. Strategic Recommendation 18 3.1...

Global SURF (Subsea Umbilicals, Risers and Flowlines)

Market: 2018 World Market Review and Forecast to 2023

• By Water Depth – Shallow Water and Deep Water

• By Type- Umbilical, Riser and Flowlines

• By Umbilical Type- Hydraulic, Electro Hydraulic, Electro

Fiber Optic Hydraulic, Electro Hydraulic and Electro

Fiber Optical Hydraulic with Medium Voltage cores

• By Riser Type- Production Riser, Drilling Riser, Work

Over Riser and Others

• By Region - North America, South America, Europe,

Africa, Asia Pacific and Middle East

• By Country - US, Mexico, Brazil, Argentina, U.K.,

Norway, Nigeria, Angola, China, Australia, Saudi Arabia

October 2018

Global SURF Market– By Value (2013-2023)

Breakdown-By Water

Depth (2013-2023) Shallow Water Deep Water Breakdown-By Type

(2013-2023) Umbilical, Riser and Flowline Breakdown-By Umbilical

Type (2013-2023) Hydraulic, Electro Hydraulic,

Electro Fiber Optic Hydraulic, Electro Hydraulic and Electro Fiber Optical Hydraulic with Medium Voltage cores

Breakdown-By Riser Type (2013-2023)

Production Riser, Drilling Riser, Work Over Riser and Others

Global Coverage Regional Coverage

Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: 2018 World Market Review and

Forecast to 2023 - By Region (N. America, S. America, Africa, Europe, Middle East, APAC), By Country

(U.S., Mexico, Brazil, Argentina, U.K., Norway, Angola, Nigeria, Australia, China, Saudi Arabia)

SURF Market- By Value

(2013-2023)

SURF Market, By Type, By

Value (2013-2023)

North America

South America

Europe

Africa

Asia Pacific

Middle East

Country Coverage

SURF Market : By Value

(2013-2023)

U.S.

Mexico

Brazil

Argentina

U.K.

Norway

Nigeria

Angola

China

Australia

Saudi Arabia

Company Coverage

Financial Analysis

Sales

Business Overview

Product Launches

Prysmian group

Aker Solutions

TechnipFMC

Subsea7

Saipem

McDermott International

Inc.

DeepOcean Group

Holding BV

Ocean Installer AS

Actuant Corporation

g

Global Coverage Regional Coverage Country Coverage

Scope of the

Study

Segment Coverage By Type By Umbilical Type By Riser Type

Region (North America, South America, Europe, Africa, Asia Pacific and

Middle East)

Country (United States, Mexico, Brazil, Argentina, U.K., Norway, Nigeria,

Angola, China, Australia and Saudi Arabia)

2

S.No Particulars Page No.

1. Research Methodology 16

2. Executive Summary 17

3. Strategic Recommendation 18

3.1 Increasing demand for Subsea tiebacks 19

3.2 Rapid transition towards Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical with medium voltage cores

20

4. Global Oil and Gas Industry Outlook 21

5. Global Subsea Outlook 24

6. Global SURF Product Overview 27

7. Global SURF (Subsea Umbilical, Riser and Flowline) Market: Growth and Forecast 31

7.1 Global SURF (Subsea Umbilical, Riser and Flowline) Market, By Value 32

7.1.1 By Value (2013-2017) 32

7.1.2 By Value (2018-2023) 38

7.2 Global SURF (Subsea Umbilical, Riser and Flowline) Market: By Water Depth (Shallow Water and Deep Water): Breakdown (%)

44

7.2.1 By Water Depth, 2017 (%) 44

7.2.2 By Water Depth, 2023 (%) 45

7.3 Global SURF (Subsea Umbilical, Riser and Flowline) Market: By Water Depth (Shallow Water and Deep Water)

46

7.3.1 By Value (2013-2017) 46

7.3.2 By Value (2018-2023) 46

3

Table of Content

S. No Particulars Page No.

7.4 Global SURF Market: By Type (Umbilical, Riser and Flowline): Breakdown(%) 48

7.4.1 By Type, 2017 (%) 49

7.4.2 By Type, 2023 (%) 49

7.5 Global SURF Market: By Type (Umbilical, Riser and Flowline) 51

7.5.1 By Value (2013-2017) 51

7.5.2 By Value (2018-2023) 51

7.6 Global SURF Market: By Umbilical Type (Hydraulic Umbilical, Electro-Hydraulic Umbilical, Electro Hydraulic and Electro-Fibre optical, Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical with medium voltage cores)

53

7.6.1 By Value (2013-2017) 54

7.6.2 By Value (2018-2023) 54

7.7 Global SURF Market: By Riser Type (Production Riser, Drilling Riser, Work Over Riser and Others) 57

7.7.1 By Value (2013-2017) 58

7.7.2 By Value (2018-2023) 58

7.8 Global SURF Market-By Region (North America, Europe, APAC and ROW): Breakdown(%) 59

7.8.1 Global SURF Market Size, By Region, 2017 (%) 60

7.8.2 Global SURF Market Size, By Region, 2023 (%) 61

8. North America SURF Market: Growth and Forecast 62

8.1 North America SURF Market: Growth and Forecast 63

8.1.1 By Value (2013-2017) 63

8.1.2 By Value (2018-2023) 65

4

Table of Content


8.2 North America SURF Market: By Type (Umbilical, Riser and Flowline) 67

8.2.1 By Value (2013-2017) 67

8.2.2 By Value (2018-2023) 67

8.3 North America SURF Market: Country Analysis (United States & Mexico): Breakdown (%) 69

8.3.1 By Country, 2017 (%) 70

8.3.2 By Country, 2023 (%) 71

8.4 United States SURF Market 72

8.4.1 By Value (2013-2017) 72

8.4.2 By Value (2018-2023) 72

8.5 Mexico SURF Market 75

8.5.1 By Value (2013-2017) 75

8.5.2 By Value (2018-2023) 75

9. South America SURF Market: Growth and Forecast 77

9.1 South America SURF Market: Growth and Forecast 78

9.1.1 By Value (2013-2017) 78

9.1.2 By Value (2018-2023) 79

9.2 South America SURF Market: By Type (Umbilical, Riser and Flowline) 82

9.2.1 By Value (2013-2017) 82

9.2.2 By Value (2018-2023) 82

9.3 South America SURF Market: Country Analysis (Brazil & Argentina): Breakdown (%) 83

9.3.1 By Country, 2017 (%) 84

9.3.2 By Country, 2023 (%) 85

5

Table of Content


9.4 Brazil SURF Market 86

9.4.1 By Value (2013-2017) 86

9.4.2 By Value (2018-2023) 86

9.5 Argentina SURF Market 87

9.5.1 By Value (2013-2017) 87

9.5.2 By Value (2018-2023) 87

10. Europe SURF Market: Growth and Forecast 89

10.1 Europe SURF Market: Growth and Forecast 90

10.1.1 By Value (2013-2017) 90

10.1.2 By Value (2018-2023) 92

10.2 Europe SURF Market: By Type (Umbilical, Riser and Flowline) 94

10.2.1 By Value (2013-2017) 94

10.2.2 By Value (2018-2023) 94

10.3 Europe SURF Market: Country Analysis (United Kingdom and Norway): Breakdown (%) 96

10.3.1 By Country, 2017 (%) 97

10.3.2 By Country, 2023 (%) 98

10.4 United Kingdom SURF Market 99

10.4.1 By Value (2013-2017) 99

10.4.2 By Value (2018-2023) 99

10.5 Norway SURF Market 101

10.5.1 By Value (2013-2017) 101

10.5.2 By Value (2018-2023) 101

6

Table of Content


11. Africa SURF Market: Growth and Forecast 104

11.1 Africa SURF Market: Growth and Forecast 105

11.1.1 By Value (2013-2017) 105

11.1.2 By Value (2018-2023) 106

11.2 Africa SURF Market: By Type (Umbilical, Riser and Flowline) 108

11.2.1 By Value (2013-2017) 108

11.2.2 By Value (2018-2023) 108

11.3 Africa SURF Market: Country Analysis (Nigeria and Angola): Breakdown (%) 109

11.3.1 By Country, 2017 (%) 110

11.3.2 By Country, 2023 (%) 111

11.4 Nigeria SURF Market 112

11.4.1 By Value (2013-2017) 112

11.4.2 By Value (2018-2023) 112

11.5 Angola SURF Market 115

11.5.1 By Value (2013-2017) 115

11.5.2 By Value (2018-2023) 115

12. Asia Pacific SURF Market: Growth and Forecast 117

12.1 Asia Pacific SURF Market: Growth and Forecast 117

12.1.1 By Value (2013-2017) 118

12.1.2 By Value (2018-2023) 123

7

Table of Content


12.2 Asia Pacific SURF Market: By Type (Umbilical, Riser and Flowline) 121

12.2.1 By Value (2013-2017) 121

12.2.2 By Value (2018-2023) 121

12.3 Asia Pacific SURF Market: Country Analysis (China and Australia): Breakdown (%) 122

12.3.1 By Country, 2017 (%) 123

12.3.2 By Country, 2023 (%) 124

12.4 China SURF Market 125

12.4.1 By Value (2013-2017) 125

12.4.2 By Value (2018-2023) 125

12.5 Australia SURF Market 126

12.5.1 By Value (2013-2017) 26

12.5.2 By Value (2018-2023) 126

13. Middle East SURF Market: Growth and Forecast 129

13.1 Middle East SURF Market: Growth and Forecast 130

13.1.1 By Value (2013-2017) 130

13.1.2 By Value (2018-2023) 131

13.2 Middle East SURF Market: By Type (Umbilical, Riser and Flowline) 134

13.2.1 By Value (2013-2017) 134

13.2.2 By Value (2018-2023) 134

8

Table of Content


13.3 Middle East SURF Market: Country Analysis (Saudi Arabia): Breakdown (%) 135

13.3.1 By Country, 2017 (%) 136

13.3.2 By Country, 202 (%) 137

13.4 Saudi Arabia SURF Market 138

13.4.1 By Value (2013-2017) 138

13.4.2 By Value (2018-2023) 138

14 Market Dynamics 139

14.1 Drivers 140

14.2 Challenges 143

15. Market Trends 146

16. Porter Five Force Analysis 150

17. SWOT Analysis 152

18. Policy and Regulatory Landscape 154

19. Company Profiling 158

19.1 Prysmian group 159

19.2 Aker Solutions 162

19.3 Technip FMC 165

19.4 Subsea 7 167

19.5 Saipem 168

19.6 McDermott International Inc. 170

9

Table of Content


19.7 DeepOcean Group Holding BV 172

19.8 Ocean Installer AS 173

19.9 Actuant Corporation 174

20. About us & Disclaimer 177

10

Table of Content

Figure No. Figure Title Page No.

Figure 1: Global Crude Oil Production Market, By Volume, 2013-2018 (Million tonnes) 22

Figure 2: Global Natural Gas Production Market, By Volume, 2013-2018 (Million tonnes) 22

Figure 3: Global SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 32

Figure 4: Global Offshore Investments (USD Billion) 34

Figure 5: Global Oil Demand Forecast, Billion Tonnes/year (2015-2030) 36

Figure 6: Global Gas Demand Forecast, Billion Tonnes/year (2015-2030) 36

Figure 7: Global Crude Oil Prices Actual and Forecast, USD per barrel; Brent (2011-2021) 37

Figure 8: Global SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion)

38

Figure 9: Global SURF Market Size, By Water Depth, 2017 (%) 44

Figure 10: Global SURF Market Size, By Water Depth, 2023 (%) 45

Figure 11: Global SURF Market: By Water Depth, By Value, 2013-2023 (USD Billion) 46

Figure 12: Global SURF Market Size, By Type, 2017 (%) 49

Figure 13: Global SURF Market Size, By Type, 2023 (%) 50

Figure 14: Global SURF Market: By Type, By Value, 2013-2023 (USD Billion) 51

Figure 15: Global SURF Market: By Umbilical Type, By Value, 2013-2023 (USD Billion) 54

Figure 16: Global Umbilical Cord Component Market Share (%), 2016 56

Figure 17: Global SURF Market: By Riser Type, By Value, 2013-2023 (USD Billion) 58

Figure 18: Global SURF Market Size, By Region, 2017 (%) 60

Figure 19: Global SURF Market Size, By Region, 2023 (%) 61

11

List of Figures


Figure 20: North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 63

Figure 21: North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion)

65

Figure 22: North America offshore E&P Spending, 2011-2016 (USD Billion) 66

Figure 23: North America SURF Market: By Type, By Value, 2013-2023 (USD Billion) 67

Figure 24: North America SURF Market Size, By Country, 2017 (%) 70

Figure 25: North America SURF Market Size, By Country, 2023 (%) 71

Figure 26: United States SURF Market, By Value, 2013-2023 (USD Billion) 72

Figure 27: Mexico SURF Market, By Value, 2013-2023 (USD Billion) 75

Figure 28: South America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 78

Figure 29: South America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 USD Billion)

79

Figure 30: South America SURF Market: By Type, By Value, 2013-2023 (USD Billion) 82

Figure 31: South America SURF Market Size, By Country, 2017 (%) 84

Figure 32: South America SURF Market Size, By Country, 2023 (%) 85

Figure 33: Brazil SURF Market, By Value, 2013-2023 (USD Billion) 86

Figure 34: Argentina SURF Market, By Value, 2013-2023 (USD Billion) 87

Figure 35: Europe SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 90

Figure 36: Europe SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion)

92

Figure 37: Europe SURF Market: By Type, By Value, 2013-2023 (USD Billion) 94

Figure 38: Europe SURF Market Size, By Country, 2017 (%) 97

Figure 39: Europe SURF Market Size, By Country, 2023 (%) 98

12

List of Figures

List of Figures


Figure 40: United Kingdom SURF Market, By Value, 2013-2023 (USD Billion) 99

Figure 41: Norway SURF Market, By Value, 2013-2023 (USD Billion) 101

Figure 42: Africa SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 105

Figure 43: Africa SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion)

106

Figure 44: Africa SURF Market: By Type, By Value, 2013-2023 (USD Billion) 108

Figure 45: Africa SURF Market Size, By Country, 2017 (%) 110

Figure 46: Africa SURF Market Size, By Country, 2023 (%) 111

Figure 47: Nigeria SURF Market, By Value, 2013-2023 (USD Billion) 112

Figure 48: Angola SURF Market, By Value, 2013-2023 (USD Billion) 115

Figure 49: Asia Pacific SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 118

Figure 50: Asia Pacific SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion)

119

Figure 51: Asia Pacific Oil Reserves, By Country (Onshore & Offshore) 120

Figure 52: Asia Pacific Gas Reserves, By Country (Onshore & Offshore) 120

Figure 53: Asia Pacific SURF Market: By Type, By Value, 2013-2023 (USD Billion) 121

Figure 54: Asia Pacific SURF Market Size, By Country, 2017 (%) 123

Figure 55: Asia Pacific SURF Market Size, By Country, 2023 (%) 124

Figure 56: China SURF Market, By Value, 2013-2023 (USD Billion) 125

Figure 57: Australia SURF Market, By Value, 2013-2023 (USD Billion) 126

Figure 58: Middle East SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 130

Figure 59: Middle East SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion)

131

Figure 60: Middle East SURF Market: By Type, By Value, 2013-2023 (USD Million) 134

13

List of Figures


Figure 61: Middle East SURF Market Size, By Country, 2017 (%) 136

Figure 62: Middle East SURF Market Size, By Country, 2023 (%) 137

Figure 63: Saudi Arabia SURF Market, By Value, 2013-2023 (USD Billion) 138

Figure 64: Prysmian Group Percentage Revenue, By Geography (2017) 160

Figure 65: Prysmian Group Percentage, By Business area (2017) 160

Figure 66: Prysmian Group Revenue, USD Million (2014-2017) 161

Figure 67: Prysmian Group Revenue, By Business Segment, By Oil and Gas, USD Million (2017) 161

Figure 68: Aker Solution Revenue, 2014-2017 (USD Million) 163

Figure 69: Aker Solutions Sales, By Region, 2017 (%) 163

Figure 70: Aker Solution Sales, By Business Group, 2017 (%) 164

Figure 71: TechnipFMC Revenue, 2016-2017(USD Million) 166

Figure 72: TechnipFMC Revenue, By Segment, USD Million (2017) 166

Figure 73: TechnipFMC Revenue, By Country, USD Million (2017) 166

Figure 74: Saipem Revenue, 2012-2016 (USD Million) 169

Figure 75: Saipem Sales, By Region, 2016 (%) 169

Figure 76: McDermott Revenue, 2014-2016 (USD Million) 171

Figure 77: McDermott Revenue, By Region, 2016 (%) 171

Figure 78: Actuant’s Revenue, 2012-2016 (USD Million) 176

Figure 79: Actuant’s Revenue, By Business Segment, 2016 (%) 176

14

Table No. Table Title Page No.

Table A: Offshore drilling worldwide, 2016E and 2017F 35

Table B: Subsea Projects, 2017-2018 39

Table C: Global SURF Project Pipeline 41

Table D: Deep Water Reserves and Infrastructure (2012-2016) 52

Table E: Oil production in Outer Continental Shelf (in barrels) 68

Table F: Gas production in Outer Continental Shelf (MCF in 1,000 cubic feet) 68

Table G: Rig Activities in South America during 2013-2016 80

Table H: Oil proved reserves and production in major oil and gas producing regions in South and Central America, 2013-2016

81

Table I: Gas proved reserves and production in major oil and gas producing regions in South and Central America, 2013-2016

81

List of Tables

15

Research Methodology

For our study on Global SURF (Subsea Umbilical, Riser and Flowline Market), we have conducted

comprehensive secondary research followed by an extensive primary research. In the process of

secondary research, we have scrutinized industry documents, accessed from open sources, premium paid

databases (Bloomberg, Thomson Reuters, Factiva) and our internal knowledge base. In the process of

primary research, we have interviewed various industry experts across the value chain of the Subsea

Industry.

Market size of the actual period (2013-2017) has been evaluated on the basis of growth trends of the

industry in the last five years, and confirming the findings through primary research. Annual reports of

the companies are scanned to further validate the market size and to estimate the size of various other

applications. Market sizing and growth in the forecast period (2018-2023) is estimated through revenue

and product mapping, growth of new advance equipments and technology and historical growth pattern

of the industry. All the relevant data points/ statistics in the forecast period are validated through

relevant and reliable primary sources.

Report Focus: Global SURF Market

- By Water Depth (Shallow Water and Deep Water)

- By Type (Umbilical, Riser and Flowline)

- By Umbilical Type (Electro-Hydraulic Umbilical, Hydraulic Umbilical, Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical with medium voltage cores and Electro-Fibre Optical-Hydraulic Umbilical)

- By riser type (Production Riser, Drilling Riser, Workover Riser and Others)

- By Region (North America, South America, Europe, Africa, Asia Pacific and Middle East),

- By Country (U.S., Canada, , Germany, France, U.K., Australia, China and India)

- Company Coverage (Prysmian group, Aker Solutions, Technip FMC, Subsea 7, Saipem, McDermott International Inc., DeepOcean Group Holding BV, Ocean Installer AS, Actuant Corporation)

Companies Contacted: Technip

16

Global SURF (Subsea Umbilical, Risers and Flowlines) Market

Source: Azoth Analytics Estimates

Global SURF Market boosted by the rising demand for oil and gas and increasing offshore E&P

activities

Figure 3: Global SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017(USD Billion)

CAGR 2013-2017

xx%

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017

17

Global SURF Market- By Water Depth

Figure 9: Global SURF Market Size, By Water Depth, 2017 (%)

Shallow Water accounts for the major market share of xx%, in the year 2016.

Shallow Water

Deep Water


xx

xx

xx

Key Drivers

18


Increasing deep water and ultra deep water activities is anticipated to drive the market in the forecast

period


xx

xx

xx

Key Drivers Figure 10: Global SURF Market Size, By Water Depth, 2023 (%)

Shallow Water

Deep Water

19


Figure 11: Global SURF Market: By Water Depth, By Value, 2013-2023 (USD Billion)

CAGR 2013-2017 Shallow Water: xx%

Deep Water:xx%


Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Shallow Water Deep Water

CAGR 2018-2023 Shallow Water: xx% Deep Water: xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Shallow Water

xx xx xx xx xx xx xx Xx Xx xx xx

Deep Water xx xx xx xx xx xx xx Xx xx xx xx

20

Global SURF Market-By Type

Figure 12: Global SURF Market Size, By Type, 2017 (%)

Flowline held the major market share of 50.45%, by value, in the year 2017.


xx

xx

xx

Key Drivers

Flowline

Umbilical

Risers

21

Global SURF Market-By Type

In the forecast period, Flowlines are expected to hold larger share in the market, however umbilical are

estimated to be the faster growing segment.


xx

xx

xx

Key Drivers Figure 13: Global SURF Market Size, By Type, 2023 (%)

49.84%

29.75%

20.41%

Flowline

Umbilical

Risers

22

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Umbilical Risers Flowlines


Figure 14: Global SURF Market: By Type, By Value, 2013-2023 (USD Billion)

CAGR 2013-2017 Flowlines: xx% Umbilical: xx%

Risers: xx%

Global SURF Market- By Type

Xx

Xx

Xx

CAGR 2018-2023 Flowlines: xx% Umbilical: xx%

Risers: xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Flowline xx xx xx xx xx xx xx xx xx xx xx

Umbilical xx xx xx xx xx xx xx xx xx xx xx

Risers xx xx xx xx xx xx xx xx xx xx xx

23


Figure 15: Global SURF Market: By Umbilical Type, By Value, 2013-2023 (USD Billion)

CAGR 2013-2017 Electro-Hydraulic Umbilical: xx%

Hydraulic Umbilical: xx% Electro Hydraulic and Electro-Fibre optical Hydraulic

Umbilical with medium voltage cores: xx% Electro-Fibre Optical-Hydraulic umbilical: xx%

Global SURF Market- By Umbilical Type

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Electro-Hydraulic Umbilical

Hydraulic Umbilical

Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical with medium voltage cores

Electro-Fibre Optical-Hydraulic umbilical

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Electro-Hydraulic Umbilical

xx xx xx xx xx xx xx xx xx xx xx

Hydraulic Umbilical xx xx xx xx xx xx xx xx xx xx xx

Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical

with medium voltage cores


Electro-Fibre Optical-Hydraulic umbilical


CAGR 2018-2023 Electro-Hydraulic Umbilical: xx%

Hydraulic Umbilical: xx% Electro Hydraulic and Electro-Fibre optical Hydraulic

Umbilical with medium voltage cores: xx% Electro-Fibre Optical-Hydraulic umbilical: xx%

24


Figure 17: Global SURF Market: By Riser Type, By Value, 2013-2023 (USD Billion)

CAGR 2013-2017 Production Riser: xx%

Drilling Riser: xx% Workover Riser: xx%

Others: xx%

Global SURF Market- By Riser Type

Xx

xx

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Production Riser Drilling Riser Work Over Riser Others

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Production Riser xx xx xx xx xx xx xx xx xx xx xx

Drilling Riser xx xx xx xx xx xx xx xx xx xx xx

Work Over Riser xx xx xx xx xx xx xx xx xx xx xx

Others xx xx xx xx xx xx xx xx xx xx xx

CAGR 2018-2023 Production Riser: xx%

Drilling Riser: xx% Workover Riser: xx%

Others: xx%

25

Global SURF Market-By Region

Figure 18: Global SURF Market Size, By Region, 2017 (%)

South America account for major share of 29.57% in SURF market, by value, in the year 2017.

North America

South America

Africa

Europe

Middle East

APAC


xx

xx

x

Key Drivers

26

Global SURF Market-By Region

APAC is the fastest growing region followed by Europe and Africa.


xx

xx

xx

Key Drivers Figure 19: Global SURF Market Size, By Region, 2023 (%)

North America

South America

Africa

Europe

Middle East

APAC

27

North America SURF Market


North America SURF Market boosted by increasing offshore drilling activities in U.S. Gulf of Mexico

Figure 20: North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion)

CAGR 2013-2017

xx%

Xx

Xx

Xx

xx

2013 2014 2015 2016 2017

28

North America SURF Market

Surging Subsea production and processing activities is increasing demand for SURF installations in the

region

Xx

Xx

Xx

Xx

Xx

Xx

2018 2019 2020 2021 2022 2023


CAGR 2018-2023

xx%

Figure 21: North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast,

2018-2023 (USD Billion)

29


Figure 23: North America SURF Market: By Type, By Value, 2013-2023(USD Billion)

CAGR 2013-2017 Flowline: xx% Umbilical: xx%

Risers: xx%

North America SURF Market, By Type

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Flowline Umbilical Riser

CAGR 2018-2023 Flowline: xx% Umbilical: xx%

Risers: xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Flowlines xx xx xx xx xx xx xx xx xx xx xx

Umbilical xx xx xx xx xx xx xx xx xx xx xx

Risers


30

North America SURF Market: Country Analysis

Figure 24: North America SURF Market Size, By Country, 2017 (%)

United States

Mexico

Others


xx

xx

xx

Key Drivers

31

North America SURF Market: Country Analysis


Key Drivers Figure 25: North America SURF Market Size, By Country, 2023 (%)

United States

Mexico

Others

xx

xx

xx

32


Figure 26: United States SURF Market, By Value, 2013-2023 (USD Billion)

CAGR 2013-2017 xx%

United States SURF Market

Xx

Xx

Xx

Xx

CAGR 2018-2023 xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

33


Figure 27: Mexico SURF Market, By Value, 2013-2023 (USD Billion)

CAGR 2013-2017: xx%

Mexico SURF Market

Xx

Xx

Xx

Xx

Xx

CAGR 2018-2023: xx%

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

34

About Azoth Analytics Pvt Ltd.

Azoth Analytics creates in-depth research reports by recording, interpreting and analyzing information through primary and secondary

research. Our strategic market sizing and data dredging techniques include secondary research, interviews with key market players and

industry experts and use of industry specific statistical tools which helps in designing and planning effective research for our global and

local clients. We provide customized market research reports revealing the hidden truths on different verticals like pharmaceutical, oil and

gas, retail, telecommunications, real estate, logistics, energy, healthcare, technology, FMCG, food & beverages and media sectors .

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Disclaimer: Azoth Analytics report information is based mainly on interviews and therefore, is subject to fluctuation. Azoth Analytics

therefore, takes no responsibility for any incorrect information supplied to us by industry experts, manufacturers or users. Azoth does

not warranty the completeness of the information and data. Also, analysis provided in the report are meant for customers’ internal use

only and not for general publication or disclosure to third parties.

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Global SURF (Subsea Umbilicals, Risers and Flowlines ... · 3. Strategic Recommendation 18 3.1...

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