© 2018 Global Market Insights, Inc. USA. All Rights Reserved Subsea Umbilicals, Risers and Flowlines Market Growth | Trends Analysis Report 2025

Global Market Scenario of Subsea Umbilicals, Risers and Flowlines Industry  Subsea Umbilicals, Risers and Flowlines (SURF) Market in 2018 was valued over USD 5 billion and is projected to expand over 7% by Growing investments towards exploration and production from deep and ultra-deep-water locations on account of declining penetration of easy to access oil reserves will augment the industry outlook. Cost effectiveness, robust design and higher reliability are some of the prominent features that will further drive the product demand over the forecast timeframe. Subsea Umbilicals  Continuous technological advancement towards the development of energy efficient systems in order to enhance the production capacity will stimulate the deep SURF industry growth. Increasing penetration of mature oil fields across shallow water locations will further raise the technology demand across deep water oil fields.  Ongoing investments to develop the untapped hydrocarbons resources will drive the flowlines SURF market growth. High performance index with optimized subsea architecture and cost effectiveness are some of the vital features which will enhance the product deployment over the forecast period. © 2018 Global Market Insights, Inc. USA. All Rights Reserved

 Riser SURF market will witness extensive growth on account of increasing installation of floating rigs with various progression in deep water technologies. For instance, Mitsui & Co ltd. Holds 18 FPSOs across five nations globally, out of all 12 units are situated across Brazil.  Europe SURF industry will witness significant upsurge subject to the increasing investment to effectively develop the region's deep & ultradeep energy resources. Furthermore, rising regulatory focus to enhance region's energy security by decreasing dependency on foreign oil imports will fuel the business landscape. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved

 China's SURF industry will witness robust growth with increasing demand for petrochemical product due to of rapid industrialization & urbanization. In addition, promising economic growth with the soaring E&P investments to develop various untapped energy sources will further drive the business outlook.  Prominent subsea umbilicals, risers and flowlines industry players comprise of TechnipFMC, General Electric, National Oilwell Varco, Vallourec, Halliburton, Aker Solutions, Tenaris, John Wood Group PLC, Siemens, Saipem, McDermott, amongst others. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved

Industry Background

Competitive Analysis:  TechnipFMC  General Electric  National Oilwell Varco  Vallourec  Halliburton  Aker Solutions  Tenaris  John Wood Group PLC  Siemens  Saipem  McDermott Browse Complete Summary of this analysis/subsea-umbilicals-risers-flowlines-markethttps:// analysis/subsea-umbilicals-risers-flowlines-market © 2018 Global Market Insights, Inc. USA. All Rights Reserved

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