Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: Analysis By Type, By Region, By Country: Opportunities and Forecast (2017-2022) • 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 - United States, Mexico, Brazil, Argentina, U.K., Norway, Nigeria, Angola, China, Australia and Saudi Arabia
September 2017
Table of Content 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
7.2
7.3
Global SURF (Subsea Umbilical, Riser and Flowline) Market, By Value
31
7.1.1
By Value (2012-2016)
32
7.1.2
By Value (2017-2022)
38
Global SURF (Subsea Umbilical, Riser and Flowline) Market: By Water Depth (Shallow Water and Deep Water): Breakdown (%)
41
7.2.1
By Water Depth, 2016 (%)
42
7.2.2
By Water Depth, 2022 (%)
43
Global SURF (Subsea Umbilical, Riser and Flowline) Market: By Water Depth (Shallow Water and Deep Water)
44
7.3.1
By Value (2012-2016)
44
7.3.2
By Value (2017-2022)
44
2
Table of Content S. No
Particulars 7.4
7.5
7.6
7.7
7.8
8.
Global SURF Market: By Type (Umbilical, Riser and Flowline): Breakdown(%)
46
7.4.1
By Type, 2016 (%)
47
7.4.2
By Type, 2022 (%)
48
Global SURF Market: By Type (Umbilical, Riser and Flowline)
49
7.5.1
By Value (2012-2016)
49
7.5.2
By Value (2017-2022)
49
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)
51
7.6.1
By Value (2012-2016)
52
7.6.2
By Value (2017-2022)
52
Global SURF Market: By Riser Type (Production Riser, Drilling Riser, Work Over Riser and Others)
55
7.7.1
By Value (2012-2016)
56
7.7.2
By Value (2017-2022)
56
Global SURF Market-By Region (North America, Europe, APAC and ROW): Breakdown(%)
57
7.8.1
Global SURF Market Size, By Region, 2016 (%)
58
7.8.2
Global SURF Market Size, By Region, 2022 (%)
59
North America SURF Market: Growth and Forecast 8.1
Page No.
North America SURF Market: Growth and Forecast
60 60
8.1.1
By Value (2012-2016)
61
8.1.2
By Value (2017-2022)
63
3
Table of Content S. No
Particulars 8.2
8.3
8.4
8.5
9.
North America SURF Market: By Type (Umbilical, Riser and Flowline)
9.2
9.3
65
8.2.1
By Value (2012-2016)
65
8.2.2
By Value (2017-2022)
65
North America SURF Market: Country Analysis (United States & Mexico): Breakdown (%)
67
8.3.1
By Country, 2016 (%)
68
8.3.2
By Country, 2022 (%)
69
United States SURF Market
70
8.4.1
By Value (2012-2016)
70
8.4.2
By Value (2017-2022)
70
Mexico SURF Market
73
8.5.1
By Value (2012-2016)
73
8.5.2
By Value (2017-2022)
73
South America SURF Market: Growth and Forecast 9.1
Page No.
South America SURF Market: Growth and Forecast
75 75
9.1.1
By Value (2012-2016)
76
9.1.2
By Value (2017-2022)
77
South America SURF Market: By Type (Umbilical, Riser and Flowline)
80
9.2.1
By Value (2012-2016)
80
9.2.2
By Value (2017-2022)
80
South America SURF Market: Country Analysis (Brazil & Argentina): Breakdown (%)
81
9.3.1
By Country, 2016 (%)
82
9.3.2
By Country, 2022 (%)
83
4
Table of Content S. No
Particulars 9.4
9.5
10.
Brazil SURF Market
10.2
10.3
10.4
10.5
84
9.4.1
By Value (2012-2016)
84
9.4.2
By Value (2017-2022)
84
Argentina SURF Market
85
9.5.1
By Value (2012-2016)
85
9.5.2
By Value (2017-2022)
85
Europe SURF Market: Growth and Forecast 10.1
Page No.
Europe SURF Market: Growth and Forecast
87 87
10.1.1
By Value (2012-2016)
88
10.1.2
By Value (2017-2022)
90
Europe SURF Market: By Type (Umbilical, Riser and Flowline)
92
10.2.1
By Value (2012-2016)
92
10.2.2
By Value (2017-2022)
92
Europe SURF Market: Country Analysis (United Kingdom and Norway): Breakdown (%)
94
10.3.1
By Country, 2016 (%)
95
10.3.2
By Country, 2022 (%)
96
United Kingdom SURF Market
97
10.4.1
By Value (2012-2016)
97
10.4.2
By Value (2017-2022)
97
Norway SURF Market
99
10.5.1
By Value (2012-2016)
99
10.5.2
By Value (2017-2022)
99
5
Table of Content S. No 11.
Particulars Africa SURF Market: Growth and Forecast 11.1
11.2
11.3
11.4
11.5
12.
Africa SURF Market: Growth and Forecast
Page No. 102 102
11.1.1
By Value (2012-2016)
103
11.1.2
By Value (2017-2022)
104
Africa SURF Market: By Type (Umbilical, Riser and Flowline)
106
11.2.1
By Value (2012-2016)
106
11.2.2
By Value (2017-2022)
106
Africa SURF Market: Country Analysis (Nigeria and Angola): Breakdown (%)
107
11.3.1
By Country, 2016 (%)
108
11.3.2
By Country, 2022 (%)
109
Nigeria SURF Market
110
11.4.1
By Value (2012-2016)
110
11.4.2
By Value (2017-2022)
110
Angola SURF Market
113
11.5.1
By Value (2012-2016)
113
11.5.2
By Value (2017-2022)
113
Asia Pacific SURF Market: Growth and Forecast
115
12.1
Asia Pacific SURF Market: Growth and Forecast
115
12.1.1
By Value (2012-2016)
116
12.1.2
By Value (2017-2022)
117
6
Table of Content S. No
Particulars 12.2
12.3
12.4
12.5
13.
Asia Pacific SURF Market: By Type (Umbilical, Riser and Flowline)
Page No. 119
12.2.1
By Value (2012-2016)
119
12.2.2
By Value (2017-2022)
119
Asia Pacific SURF Market: Country Analysis (China and Australia): Breakdown (%)
120
12.3.1
By Country, 2016 (%)
121
12.3.2
By Country, 2022 (%)
122
China SURF Market
123
12.4.1
By Value (2012-2016)
123
12.4.2
By Value (2017-2022)
123
Australia SURF Market
124
12.5.1
By Value (2012-2016)
124
12.5.2
By Value (2017-2022)
124
Middle East SURF Market: Growth and Forecast
127
13.1
13.2
Middle East SURF Market: Growth and Forecast
127
13.1.1
By Value (2012-2016)
128
13.1.2
By Value (2017-2022)
129
Middle East SURF Market: By Type (Umbilical, Riser and Flowline)
132
13.2.1
By Value (2012-2016)
132
13.2.2
By Value (2017-2022)
131
7
Table of Content S. No
Particulars 13.3
13.4
14
Middle East SURF Market: Country Analysis (Saudi Arabia): Breakdown (%)
Page No. 133
13.3.1
By Country, 2016 (%)
134
13.3.2
By Country, 2022 (%)
135
Saudi Arabia SURF Market
136
13.4.1
By Value (2012-2016)
136
13.4.2
By Value (2017-2022)
136
Market Dynamics
137
14.1
Drivers
139
14.2
Challenges
143
15.
Market Trends
145
16.
Porter Five Force Analysis
149
17.
SWOT Analysis
151
18.
Policy and Regulatory Landscape
153
19.
Company Profiling
157
19.1
Prysmian group
158
19.2
Aker Solutions
161
19.3
Technip FMC
164
19.4
Subsea 7
166
19.5
Saipem
167
19.6
McDermott International Inc.
169
8
Table of Content S. No
20.
Particulars
Page No.
19.7
DeepOcean Group Holding BV
171
19.8
Ocean Installer AS
172
19.9
Actuant Corporation
173
About us & Disclaimer
176
9
List of Figures Figure No.
Figure Title
Page No.
Figure 1:
Global Crude Oil Production Market, By Volume, 2012-2016 (Million tonnes)
22
Figure 2:
Global Natural Gas Production Market, By Volume, 2012-2016 (Million tonnes)
22
Figure 3:
Global SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2012-2016 (USD Billion)
32
Figure 4:
Offshore oil exploration and production spending, 2011-2014 (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, 2017-2022 (USD Billion)
38
Figure 9:
Global SURF Market Size, By Water Depth, 2016 (%)
42
Figure 10:
Global SURF Market Size, By Water Depth, 2022 (%)
43
Figure 11:
Global SURF Market: By Water Depth, By Value, 2012-2022 (USD Billion)
44
Figure 12:
Global SURF Market Size, By Type, 2016 (%)
47
Figure 13:
Global SURF Market Size, By Type, 2022 (%)
48
Figure 14:
Global SURF Market: By Type, By Value, 2012-2022 (USD Billion)
49
Figure 15:
Global SURF Market: By Umbilical Type, By Value, 2012-2022 (USD Billion)
52
Figure 16:
Global Umbilical Cord Component Market Share (%), 2016
54
Figure 17:
Global SURF Market: By Riser Type, By Value, 2012-2022 (USD Billion)
56
Figure 18:
Global SURF Market Size, By Region, 2016 (%)
58
Figure 19:
Global SURF Market Size, By Region, 2022 (%)
59
10
List of Figures Figure No.
Figure Title
Page No.
Figure 20:
North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2012-2016 (USD Billion)
61
Figure 21:
North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2017-2022 (USD Billion)
63
Figure 22:
North America offshore E&P Spending, 2011-2016 (USD Billion)
64
Figure 23:
North America SURF Market: By Type, By Value, 2012-2022 (USD Billion)
65
Figure 24:
North America SURF Market Size, By Country, 2016 (%)
68
Figure 25:
North America SURF Market Size, By Country, 2022 (%)
69
Figure 26:
United States SURF Market, By Value, 2012-2022 (USD Billion)
70
Figure 27:
Mexico SURF Market, By Value, 2012-2022 (USD Billion)
73
Figure 28:
South America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2012-2016 (USD Billion)
76
Figure 29:
South America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2017-2022 (USD Billion)
77
Figure 30:
South America SURF Market: By Type, By Value, 2012-2022 (USD Billion)
80
Figure 31:
South America SURF Market Size, By Country, 2016 (%)
82
Figure 32:
South America SURF Market Size, By Country, 2022 (%)
83
Figure 33:
Brazil SURF Market, By Value, 2012-2022 (USD Billion)
84
Figure 34:
Argentina SURF Market, By Value, 2012-2022 (USD Billion)
85
Figure 35:
Europe SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2012-2016 (USD Billion)
88
Figure 36:
Europe SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2017-2022 (USD Billion)
90
Figure 37:
Europe SURF Market: By Type, By Value, 2012-2022 (USD Billion)
92
Figure 38:
Europe SURF Market Size, By Country, 2016 (%)
95
Figure 39:
Europe SURF Market Size, By Country, 2022 (%)
96 11
List of Figures Figure No.
Figure Title
Page No.
Figure 40:
United Kingdom SURF Market, By Value, 2012-2022 (USD Billion)
97
Figure 41:
Norway SURF Market, By Value, 2012-2022 (USD Billion)
99
Figure 42:
Africa SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2012-2016 (USD Billion)
103
Figure 43:
Africa SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2017-2022 (USD Billion)
104
Figure 44:
Africa SURF Market: By Type, By Value, 2012-2022 (USD Billion)
106
Figure 45:
Africa SURF Market Size, By Country, 2016 (%)
108
Figure 46:
Africa SURF Market Size, By Country, 2022 (%)
109
Figure 47:
Nigeria SURF Market, By Value, 2012-2022 (USD Billion)
110
Figure 48:
Angola SURF Market, By Value, 2012-2022 (USD Billion)
113
Figure 49:
Asia Pacific SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2012-2016 (USD Billion)
116
Figure 50:
Asia Pacific SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2017-2022 (USD Billion)
117
Figure 51:
Asia Pacific Oil Reserves, By Country (Onshore & Offshore)
118
Figure 52:
Asia Pacific Gas Reserves, By Country (Onshore & Offshore)
118
Figure 53:
Asia Pacific SURF Market: By Type, By Value, 2012-2022 (USD Billion)
119
Figure 54:
Asia Pacific SURF Market Size, By Country, 2016 (%)
121
Figure 55:
Asia Pacific SURF Market Size, By Country, 2022 (%)
122
Figure 56:
China SURF Market, By Value, 2012-2022 (USD Billion)
123
Figure 57:
Australia SURF Market, By Value, 2012-2022 (USD Billion)
124
Figure 58:
Middle East SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2012-2016 (USD Billion)
128
Figure 59:
Middle East SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2017-2022 (USD Billion)
129
Figure 60:
Middle East SURF Market: By Type, By Value, 2012-2022 (USD Million)
132 12
List of Figures Figure No.
Figure Title
Page No.
Figure 61:
Middle East SURF Market Size, By Country, 2016 (%)
134
Figure 62:
Middle East SURF Market Size, By Country, 2022 (%)
135
Figure 63:
Saudi Arabia SURF Market, By Value, 2012-2022 (USD Billion)
136
Figure 64:
Prysmian Group Percentage Revenue, By Geography (2016)
159
Figure 65:
Prysmian Group Percentage, By Business area (2016)
159
Figure 66:
Prysmian Group Revenue, USD Million (2012-2016)
160
Figure 67:
Prysmian Group Revenue, By Business Segment, By Oil and Gas, USD Million (2016)
160
Figure 68:
Aker Solution Revenue, 2012-2016 (USD Million)
162
Figure 69:
Aker Solutions Sales, By Region, 2016 (%)
162
Figure 70:
Aker Solution Sales, By Business Group, 2016 (%)
163
Figure 71:
TechnipFMC Revenue, By Segment, USD Million (1Q2016)
165
Figure 72:
TechnipFMC Revenue, By Segment, USD Million (1Q2017)
165
Figure 73:
Saipem Revenue, 2012-2016 (USD Million)
168
Figure 74:
Saipem Sales, By Region, 2016 (%)
168
Figure 75:
McDermott Revenue, 2014-2016 (USD Million)
170
Figure 76:
McDermott Revenue, By Region, 2016 (%)
170
Figure 77:
Actuant’s Revenue, 2012-2016 (USD Million)
175
Figure 78:
Actuant’s Revenue, By Business Segment, 2016 (%)
175
13
List of Tables Table No.
Table Title
Page No.
Table A:
Offshore drilling worldwide, 2016E and 2017F
35
Table B:
Subsea Projects, 2017-2018
39
Table C:
Deep Water Reserves and Infrastructure (2012-2016)
50
Table D:
Oil production in Outer Continental Shelf (in barrels)
66
Table E:
Gas production in Outer Continental Shelf (MCF in 1,000 cubic feet)
66
Table F:
Rig Activities in South America during 2013-2016
78
Table G:
Oil proved reserves and production in major oil and gas producing regions in South and Central America, 2013-2016
79
Table H:
Gas proved reserves and production in major oil and gas producing regions in South and Central America, 2013-2016
79
14
Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: Analysis By Type, By Region, By Country: Opportunities and Forecast (2017-
2022) - By Type (Umbilicals, Risers, Flowlines), 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) Scope of the
gStudy
Global Coverage Regional Coverage Country Coverage
Global Coverage
Segment Coverage By Type By Umbilical Type By Riser Type
Regional Coverage North America South America
Global SURF Market– By Value (2012-2022) Breakdown-By Water Depth (2012-2022) Shallow Water Deep Water Breakdown-By Type (20122022) Umbilical, Riser and Flowline Breakdown-By Umbilical Type (2012-2022) Hydraulic, Electro Hydraulic, Electro Fiber Optic Hydraulic, Electro Hydraulic and Electro Fiber Optical Hydraulic with Medium Voltage cores Breakdown-By Riser Type (2012-2022) Production Riser, Drilling Riser, Work Over Riser and Others
Europe Africa Asia Pacific Middle East
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)
Country Coverage U.S. Mexico
Brazil Argentina U.K. Norway Nigeria Angola China Australia Saudi Arabia
Company Coverage Prysmian group Aker Solutions TechnipFMC Subsea7 Saipem McDermott International
Inc. DeepOcean Group Holding BV Ocean Installer AS Actuant Corporation
SURF Market- By Value (2012-2022) SURF Market, By Type, By Value (2012-2022)
SURF Market : By Value
(2012-2022)
Financial Analysis Sales Business Overview Product Launches
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 primary research,
knowledge base. In the process of
we have interviewed various industry experts across the value chain of the Subsea
Industry. Market size of the actual period (2012-2016) 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 (2017-2022) 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 Market- By Water Depth Shallow Water accounts for the major market share of 63.02%, in the year 2016.
Key Drivers
Figure: Global SURF Market Size, By Water Depth, 2016 (%)
Xxxx xxxx Shallow Water
Xxxx xxxx
Deep Water Xxxx xxxx
Source: Azoth Analytics Estimates
17
South America SURF Market: Country Analysis
Figure : South America SURF Market Size, By Country, 2016 (%) Key Drivers
Brazil
Xxxx xxxx
Argentina Xxxx xxxx
Others Xxxx xxxx
Source: Azoth Analytics Estimates
18
Africa SURF Market Africa SURF Market boosted by the growing offshore oil and gas exploration and production activities.
Figure: Africa SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2012-2016 (USD Billion) CAGR 2012-2016 xxxx %
2012
2013
2014 Source: Azoth Analytics Estimates
2015
2016
Xxxx Xxxx Xxxx Xxxx Xxxx
19
Asia Pacific SURF Market, By Type Figure: Asia Pacific SURF Market: By Type, By Value, 2012-2022 (USD Billion) CAGR 2012-2016 Umbilical: xxxx% Risers: xxxx% Flowlines: xxxx%
2012
2013
2014
2012
2015 Umbilical 2013
CAGR 2017-2022 Umbilical: xxxx% Risers: xxxx% Flowlines: xxxx%
2016 Risers 2014
2017
2018
2019
2020
2021
2022
Flowlines 2015
2016
2017
2018
2019
2020
2021
2022
Umbilical Risers Flowlines Source: Azoth Analytics Estimates Xxxx Xxxx Xxxx
20
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 . Related Reports: Global Water Pipeline Leak Detection System (LDS) Market: Analysis By Technology, By Equipment, By Type, By Location of Application, By Region, By Country: Opportunities and Forecast (2017-2022) - (By Technology – Equipment, Inspection Service; By Equipment– Acoustic, Non Acoustics; By Type – Continuous Water Pipeline and
Non Continuous Water Pipeline; By Location of Application- Underwater, Above the ground, Underground) Global Enhanced Oil Recovery Market: Trends, Opportunities and Forecasts (2016-2021) - (By Method: Thermal Energy, Non Thermal Methods such as Gas Injection and Chemical Injection; By Region: N. America, S. America, Middle-East & Africa, Europe and APAC; By Location of Application: Offshore & Onshore)
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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