The
global subsea
processing systems market is anticipated to grow at a significant rate
during the forecast period. Subsea processing is defined as any active
substance or conditioning of fluids either on the seabed or downhole prior to
the installation facility. Production equipment is situated on the seafloor
instead of a fixed platform. Hence, subsea processing entails several processes
to minimize the costs and complexity in order to initiate the development of
offshore field.
Subsea
processing systems encompass a spectrum of technologies that enable offshore
production without any need for surface production facilities. This technique
has become a viable solution for fields that are situated in extreme conditions
where processing equipment are vulnerable to potential risks. Therefore, in subsea
processing systems are enlarging the possibilities to augment the marginal
fields.
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Subsea
processing systems market is driven by rise in oil production from deep-water
fields. The market also needs enhancement for production and recovery from the
aging subsea fields. The need for technological growth is boosting the market
demand for global subsea production and processing system market. Further,
subsea processing systems find extensive use in the industry in accordance to
their unique concepts of exploring subsea environments.
By
subsea production, the subsea processing system market is segmented as subsea
umbilicals, trees, manifolds, control system and flowlines (SURF). Subsea
processing system market is segmented by subsea processing into injection,
boosting, separation, compression and injection.
Geographical
segmentation for subsea processing system market spans North America, South
America, Europe, Asia-Pacific, Middle East and Africa. European regions are
most likely to enjoy a strong market position in the subsea systems. The
developments due to policy changes by governments in U.K. and Norway have a
potential business for oil operators to invest further, drives the market
growth during the forecast period.
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Market Segment:
The major manufacturers covered in this
report
•
FMC Technologies (U.S.)
•
GE Oil & Gas (U.S.)
•
National Oilwell Varco (U.S.)
•
Aker Solutions (Norway)
•
Technip (France)
Geographically, this report studies the
top producers and consumers, focuses on product capacity, production, value,
market share and growth opportunity in these key regions, covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
On the basis of the end
users/applications, this report focuses on the status and outlook for major
applications/end users, (sales), market share and growth rate for each
application, including
•
Oil & Gas
•
Telecommunication
•
Others
The key points of this report are:
•
To analyze and study the global Subsea Processing System capacity, production,
value, status (2013-2017) and forecast (2018-2025);
•
Focuses on the key Subsea Processing System manufacturers, to study the
capacity, production, value, market share and development plans in future.
•
Focuses on the global key manufacturers, to define, describe and analyze the
market competition landscape, SWOT analysis.
•
To define, describe and forecast the market by type, application and region.
•
To analyze the global and key regions market potential and advantage,
opportunity and challenge, restraints and risks.
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