Dublin, Oct. 08, 2019 (GLOBE NEWSWIRE) -- The "Subsea Systems - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Subsea Systems market worldwide is projected to grow by US$3 Billion, driven by a compounded growth of 2.5%.
Subsea Production System, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$11.7 Billion by the year 2025, Subsea Production System will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 3.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$123.3 Million to the region's size and clout in the next 5 to 6 years. Over US$986.6 Million worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Subsea Production System will reach a market size of US$912.6 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 2.3% over the next couple of years and add approximately US$492.4 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include the following, among others:
- Aker Solutions ASA (Norway)
- Dril-Quip, Inc. (USA)
- GE Oil & Gas (USA)
- Kongsberg Gruppen ASA (Norway)
- National Oilwell Varco, Inc. (USA)
- Nexans SA (France)
- Oceaneering International, Inc. (USA)
- Onesubsea (USA)
- Parker Hannifin Corporation (USA)
- Proserv Group Inc. (USA)
- Subsea 7 SA (Luxembourg)
- Technip S.A (France)
- TechnipFMC PLC (United Kingdom)
- Twister BV (The Netherlands)
- Vallourec Group (France)
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Subsea Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Global Competitor Market Shares by Segment
- Subsea Production System (Type) Global Competitor Market Share Positioning for 2019 & 2025
- Subsea Processing System (Type) Market Share Breakdown of Key Players: 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Subsea Systems Market Share (in %) by Company: 2019 & 2025
- Subsea Production System (Type) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
- Subsea Processing System (Type) Competitor Revenue Share (in %) in the US: 2019 & 2025
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Subsea Systems Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Subsea Production System (Type) Market Share (in %) by Company in Europe: 2019 & 2025
- Subsea Processing System (Type) Market Share (in %) of Major Players in Europe: 2019 & 2025
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/5li0u