Everything News Jobs Opportunities Events Products/Services
Go to Home
Sign Up Sign in

Market Research

03 Nov 2015 10:11:46

Global Subsea Production and Processing Systems Market: Increasing Focus on Deep Water Drilling Propels Growth

The global subsea production and processing systems market has witnessed an impressive growth in its market valuation in recent times. The increase in oil discoveries has propelled this worldwide market to a greater extent. Companies functional in the market for subsea production and processing systems across the globe have shifted their focus on deep water drilling, which is another factor, driving the growth of this market. However, the inconsistency in the oil prices creates a severe challenge for this market to grow steadily. Moreover, the strict rules and regulations pertaining to environmental safety are also expected to hamper the development of this market in the next few years.

In-depth research report on Subsea Production and Processing System Market with Full TOC at : http://www.transparencymarketresearch.com/subsea-production-processing-system-market.html

Surf To Maintain Dominance in Global Subsea Production Technology Market

The worldwide market for subsea production and processing systems is broadly analyzed on the basis of subsea processing systems and subsea production technology. Based on subsea production technology, the global subsea production and processing systems market is segmented into subsea trees, subsea manifolds, subsea control systems, and surf.

Subsea boosting system, subsea injection system, subsea separation system, and subsea compression system are the major segments of the global subsea production and processing systems market based on processing systems. The market for surf has occupied the leading position in the global market based on production technology. The increasing focus of market participants on deep water drilling is the main driving force behind the growth of the surf market. Apart from this, the discoveries of oil in emerging countries is likely to boost the surf market, enabling it to maintain its leadership in the near future.

Europe to Retain Leadership in Global Subsea Production and Processing Systems Market

The global subsea production and processing systems market is spread across North America, Asia Pacific, Europe, and the Rest of the World. Among these, Europe has acquired the dominance with a majority share in the worldwide market. Major initiatives taken by the governments of Norway and the U.K. in order to increase the production of oil have fueled the market for subsea production and processing systems in Europe.

For further inquiries, click here : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3058

Analysts project this regional market to retain its position. The pipeline projects of major subsea compression systems in the North Sea are expected to stimulate the growth of the Europe subsea production and processing systems market in the coming years.The Rest of the World region occupied the second position in the global market for subsea production and processing systems. The increasing investments in several oil producing nations such as Angola, Nigeria, Ghana, and Equatorial Guinea have contributed towards the development of this regional market.

Global Subsea Production and Processing Systems Market: Key Players

Siemens AG, Dril-Quip Inc., ABB Ltd., Aker Solutions, Parker Hannifin Corp., National Oilwell Varco, Vallourec, Kongsberg, Technip, Nexans SA, Onesubsea, GE Oil & Gas, Twister BV, Oceaneering International Inc., and FMC Technologies are the key companies operating in the global market for subsea production and processing systems. The liberalization in the oil and gas market in Mexico and the arctic discoveries have opened many avenues for the market participants.

Browse TMR Blog Energy Reports : http://www.tmrblog.com/search/label/Energy

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit : http://researcherville.blogspot.in/

Discussion Thread  


Related Categories

Clicking a category below will direct you to a list of related information

Skip Navigation Links.

Market Research Community

Related Items From Everyone

  1. A Green Skills Training Centre is to be established in Wales that will train people to help...

    31 Jul 2009
  2. Wireless TT Info Services Limited (WTTIL), the tower arm of a major telecom operator in India,...

  3. Turnkey supply & expansion to the Calvert 14MWe Power Station.

  4. Forever Fuels Organisations

    Forever Fuels specialises in the distribution and supply of wood pellets for...

  5. Bioflame Ltd Organisations

    Market leading small scale energy from biomass waste technology provider

Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback


We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.