Subsea Hardware Market Capex to hit $145 Billion by 2019

7/23/2019 Subsea Hardware Market Capex to hit $145 Billion by 2019

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World Subsea Hardware Market Forecast2015-2019

Published Date:9-Aril-2015

!eo"rahical #o$era"e: !lobal

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Subsea Hardware Market #ae. to hit /15 illio b3 2019Subsea Hardware Market research forecasts global subseahardware Capex will total $145 billion (bn) between !15 and !1"#his represents growth of %ore than &' co%pared with the

preceding fie*ear period#

Subsea Hardware Sed 4o %e)ai Hi"h Due to 6rderacklo"his research forecasts global subsea hardware Capex will total$145 billion (bn) between !15 and !1"# his represents growth of

%ore than &' co%pared with the preceding fie*ear period# he+5! subsea tree installations in !14 represent the highest olu%eof installed units on record, a trend expected to continue until !1-when lower orders in the current co%%ercial eniron%ent will driea decline in trees installed for that *ear#



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he crude oil price decline, apparent since .une !14, presents a %a/orchallenge for operators of subsea deelop%ents# Subsea pro/ects aret*picall* a%ong the %ost capital intensie and technologicall* challengingin the industr*# 0s operators (and their inestors) hae increased focus oncash flow, the higher upfront costs associated with these pro/ects hae

left the% ulnerable to deferrals and cancellations# ree orders in !14totalled ++, the lowest olu%e for a decade#

espite these nearter% concerns, the longter% funda%entals of thesubsea hardware industr* are strong and represent a growth stor* as the*benefit fro% continued h*drocarbon de%and growth, declining

conentional reseres and technological i%proe%ents# 2er the nextfie *ears, deelop%ent actiit* in the established deepwater proinces,coupled with the start of field deelop%ent in frontier areas, such as the3astern Mediterranean and 3ast 0frica, will support expenditure#


u3 a co3 o+ this research athtt:((e)arketor"*co)(ro(world-subsea-hardware-)arket-+orecast-2015-2019(

http://emarketorg.com/pro/world-subsea-hardware-market-forecast-2015-2019/http://emarketorg.com/pro/world-subsea-hardware-market-forecast-2015-2019/http://emarketorg.com/pro/world-subsea-hardware-market-forecast-2015-2019/


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Subsea hardware spend will be the highest in 0frica, 0sia and atin0%erica, with the three regions co%bining to for% al%ost half of the globaltotal# 3xpenditure continues trending towards deeper waters with around4' of total spend in the next fie *ears targeting pro/ects in water depthsgreater than 1,!!! %etres#

Subsea production euip%ent, S678 and pipelines each attractapproxi%atel* one third of all expenditure b* co%ponent, with highercapacit* and capabilit* euip%ent a the%e throughout the sector# hedeelop%ent of re%ote fields, the addition of new pro/ect phases and thetieback of satellite fields into subsea hubs continue to support S678

expenditure oer the forecast period#


u3 a co3 o+ this research at

htt:((e)arketor"*co)(ro(world-subsea-hardware-)arket-+orecast-2015-2019(

http://emarketorg.com/pro/world-subsea-hardware-market-forecast-2015-2019/http://emarketorg.com/pro/world-subsea-hardware-market-forecast-2015-2019/http://emarketorg.com/pro/world-subsea-hardware-market-forecast-2015-2019/


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he 9orld Subsea Hardware Market 8orecast !15!1" details specificsubsea hardware trends b* region and co%ponent supported b* anal*sis,insight and industr* consultation, and includes:Dri$ers 7 idicators; a discussion of factors influencing subseahardware installation actiit* including oil < gas prices and deepwater

production to offset declining production fro% onshore and shallow waterbasins#Sul3 chai aal3sis; detailing the ke* pla*ers within the subseahardware %arket and anal*sis of top %anufacturers= subsea orders andbacklog#%e"ioal 7 co)oet +orecasts; b* region, noting ke* pro/ects

Subsea Hardware Market Capex to hit $145 Billion by 2019

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