Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: 2018 World Market Review and Forecast to 2023 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 - US, Mexico, Brazil, Argentina, U.K., Norway, Nigeria, Angola, China, Australia, Saudi Arabia October 2018
Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: 2018 World Market Review and Forecast to 2023 - 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 g Study Global Coverage Regional Coverage Country Coverage Segment Coverage By Type By Umbilical Type By Riser Type 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) Global Coverage Regional Coverage Country Coverage Company Coverage Global SURF Market By Value (2013-2023) Breakdown-By Water Depth (2013-2023) Shallow Water Deep Water Breakdown-By Type (2013-2023) Umbilical, Riser and Flowline Breakdown-By Umbilical Type (2013-2023) Hydraulic, Electro Hydraulic, Electro Fiber Optic Hydraulic, Electro Hydraulic and Electro Fiber Optical Hydraulic with Medium Voltage cores Breakdown-By Riser Type (2013-2023) Production Riser, Drilling Riser, Work Over Riser and Others North America South America Europe Africa Asia Pacific Middle East SURF Market- By Value (2013-2023) SURF Market, By Type, By Value (2013-2023) U.S. Mexico Brazil Argentina U.K. Norway Nigeria Angola China Australia Saudi Arabia SURF Market : By Value (2013-2023) Prysmian group Aker Solutions TechnipFMC Subsea7 Saipem McDermott International Inc. DeepOcean Group Holding BV Ocean Installer AS Actuant Corporation Financial Analysis Sales Business Overview Product Launches 2
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 Global SURF (Subsea Umbilical, Riser and Flowline) Market, By Value 32 7.1.1 By Value (2013-2017) 32 7.1.2 By Value (2018-2023) 38 7.2 Global SURF (Subsea Umbilical, Riser and Flowline) Market: By Water Depth (Shallow Water and Deep Water): Breakdown (%) 44 7.2.1 By Water Depth, 2017 (%) 44 7.2.2 By Water Depth, 2023 (%) 45 7.3 Global SURF (Subsea Umbilical, Riser and Flowline) Market: By Water Depth (Shallow Water and Deep Water) 46 7.3.1 By Value (2013-2017) 46 7.3.2 By Value (2018-2023) 46 3
Table of Content S. No Particulars Page No. 7.4 Global SURF Market: By Type (Umbilical, Riser and Flowline): Breakdown(%) 48 7.4.1 By Type, 2017 (%) 49 7.4.2 By Type, 2023 (%) 49 7.5 Global SURF Market: By Type (Umbilical, Riser and Flowline) 51 7.5.1 By Value (2013-2017) 51 7.5.2 By Value (2018-2023) 51 7.6 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) 53 7.6.1 By Value (2013-2017) 54 7.6.2 By Value (2018-2023) 54 7.7 Global SURF Market: By Riser Type (Production Riser, Drilling Riser, Work Over Riser and Others) 57 7.7.1 By Value (2013-2017) 58 7.7.2 By Value (2018-2023) 58 7.8 Global SURF Market-By Region (North America, Europe, APAC and ROW): Breakdown(%) 59 7.8.1 Global SURF Market Size, By Region, 2017 (%) 60 7.8.2 Global SURF Market Size, By Region, 2023 (%) 61 8. North America SURF Market: Growth and Forecast 62 8.1 North America SURF Market: Growth and Forecast 63 8.1.1 By Value (2013-2017) 63 8.1.2 By Value (2018-2023) 65 4
Table of Content S. No Particulars Page No. 8.2 North America SURF Market: By Type (Umbilical, Riser and Flowline) 67 8.2.1 By Value (2013-2017) 67 8.2.2 By Value (2018-2023) 67 8.3 North America SURF Market: Country Analysis (United States & Mexico): Breakdown (%) 69 8.3.1 By Country, 2017 (%) 70 8.3.2 By Country, 2023 (%) 71 8.4 United States SURF Market 72 8.4.1 By Value (2013-2017) 72 8.4.2 By Value (2018-2023) 72 8.5 Mexico SURF Market 75 8.5.1 By Value (2013-2017) 75 8.5.2 By Value (2018-2023) 75 9. South America SURF Market: Growth and Forecast 77 9.1 South America SURF Market: Growth and Forecast 78 9.1.1 By Value (2013-2017) 78 9.1.2 By Value (2018-2023) 79 9.2 South America SURF Market: By Type (Umbilical, Riser and Flowline) 82 9.2.1 By Value (2013-2017) 82 9.2.2 By Value (2018-2023) 82 9.3 South America SURF Market: Country Analysis (Brazil & Argentina): Breakdown (%) 83 9.3.1 By Country, 2017 (%) 84 9.3.2 By Country, 2023 (%) 85 5
Table of Content S. No Particulars Page No. 9.4 Brazil SURF Market 86 9.4.1 By Value (2013-2017) 86 9.4.2 By Value (2018-2023) 86 9.5 Argentina SURF Market 87 9.5.1 By Value (2013-2017) 87 9.5.2 By Value (2018-2023) 87 10. Europe SURF Market: Growth and Forecast 89 10.1 Europe SURF Market: Growth and Forecast 90 10.1.1 By Value (2013-2017) 90 10.1.2 By Value (2018-2023) 92 10.2 Europe SURF Market: By Type (Umbilical, Riser and Flowline) 94 10.2.1 By Value (2013-2017) 94 10.2.2 By Value (2018-2023) 94 10.3 Europe SURF Market: Country Analysis (United Kingdom and Norway): Breakdown (%) 96 10.3.1 By Country, 2017 (%) 97 10.3.2 By Country, 2023 (%) 98 10.4 United Kingdom SURF Market 99 10.4.1 By Value (2013-2017) 99 10.4.2 By Value (2018-2023) 99 10.5 Norway SURF Market 101 10.5.1 By Value (2013-2017) 101 10.5.2 By Value (2018-2023) 101 6
Table of Content S. No Particulars Page No. 11. Africa SURF Market: Growth and Forecast 104 11.1 Africa SURF Market: Growth and Forecast 105 11.1.1 By Value (2013-2017) 105 11.1.2 By Value (2018-2023) 106 11.2 Africa SURF Market: By Type (Umbilical, Riser and Flowline) 108 11.2.1 By Value (2013-2017) 108 11.2.2 By Value (2018-2023) 108 11.3 Africa SURF Market: Country Analysis (Nigeria and Angola): Breakdown (%) 109 11.3.1 By Country, 2017 (%) 110 11.3.2 By Country, 2023 (%) 111 11.4 Nigeria SURF Market 112 11.4.1 By Value (2013-2017) 112 11.4.2 By Value (2018-2023) 112 11.5 Angola SURF Market 115 11.5.1 By Value (2013-2017) 115 11.5.2 By Value (2018-2023) 115 12. Asia Pacific SURF Market: Growth and Forecast 117 12.1 Asia Pacific SURF Market: Growth and Forecast 117 12.1.1 By Value (2013-2017) 118 12.1.2 By Value (2018-2023) 123 7
Table of Content S. No Particulars Page No. 12.2 Asia Pacific SURF Market: By Type (Umbilical, Riser and Flowline) 121 12.2.1 By Value (2013-2017) 121 12.2.2 By Value (2018-2023) 121 12.3 Asia Pacific SURF Market: Country Analysis (China and Australia): Breakdown (%) 122 12.3.1 By Country, 2017 (%) 123 12.3.2 By Country, 2023 (%) 124 12.4 China SURF Market 125 12.4.1 By Value (2013-2017) 125 12.4.2 By Value (2018-2023) 125 12.5 Australia SURF Market 126 12.5.1 By Value (2013-2017) 26 12.5.2 By Value (2018-2023) 126 13. Middle East SURF Market: Growth and Forecast 129 13.1 Middle East SURF Market: Growth and Forecast 130 13.1.1 By Value (2013-2017) 130 13.1.2 By Value (2018-2023) 131 13.2 Middle East SURF Market: By Type (Umbilical, Riser and Flowline) 134 13.2.1 By Value (2013-2017) 134 13.2.2 By Value (2018-2023) 134 8
Table of Content S. No Particulars Page No. 13.3 Middle East SURF Market: Country Analysis (Saudi Arabia): Breakdown (%) 135 13.3.1 By Country, 2017 (%) 136 13.3.2 By Country, 202 (%) 137 13.4 Saudi Arabia SURF Market 138 13.4.1 By Value (2013-2017) 138 13.4.2 By Value (2018-2023) 138 14 Market Dynamics 139 14.1 Drivers 140 14.2 Challenges 143 15. Market Trends 146 16. Porter Five Force Analysis 150 17. SWOT Analysis 152 18. Policy and Regulatory Landscape 154 19. Company Profiling 158 19.1 Prysmian group 159 19.2 Aker Solutions 162 19.3 Technip FMC 165 19.4 Subsea 7 167 19.5 Saipem 168 19.6 McDermott International Inc. 170 9
Table of Content S. No Particulars Page No. 19.7 DeepOcean Group Holding BV 172 19.8 Ocean Installer AS 173 19.9 Actuant Corporation 174 20. About us & Disclaimer 177 10
List of Figures Figure No. Figure Title Page No. Figure 1: Global Crude Oil Production Market, By Volume, 2013-2018 (Million tonnes) 22 Figure 2: Global Natural Gas Production Market, By Volume, 2013-2018 (Million tonnes) 22 Figure 3: Global SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 32 Figure 4: Global Offshore Investments (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, 2018-2023 (USD Billion) 38 Figure 9: Global SURF Market Size, By Water Depth, 2017 (%) 44 Figure 10: Global SURF Market Size, By Water Depth, 2023 (%) 45 Figure 11: Global SURF Market: By Water Depth, By Value, 2013-2023 (USD Billion) 46 Figure 12: Global SURF Market Size, By Type, 2017 (%) 49 Figure 13: Global SURF Market Size, By Type, 2023 (%) 50 Figure 14: Global SURF Market: By Type, By Value, 2013-2023 (USD Billion) 51 Figure 15: Global SURF Market: By Umbilical Type, By Value, 2013-2023 (USD Billion) 54 Figure 16: Global Umbilical Cord Component Market Share (%), 2016 56 Figure 17: Global SURF Market: By Riser Type, By Value, 2013-2023 (USD Billion) 58 Figure 18: Global SURF Market Size, By Region, 2017 (%) 60 Figure 19: Global SURF Market Size, By Region, 2023 (%) 61 11
List of Figures Figure No. Figure Title Page No. Figure 20: North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 63 Figure 21: North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion) 65 Figure 22: North America offshore E&P Spending, 2011-2016 (USD Billion) 66 Figure 23: North America SURF Market: By Type, By Value, 2013-2023 (USD Billion) 67 Figure 24: North America SURF Market Size, By Country, 2017 (%) 70 Figure 25: North America SURF Market Size, By Country, 2023 (%) 71 Figure 26: United States SURF Market, By Value, 2013-2023 (USD Billion) 72 Figure 27: Mexico SURF Market, By Value, 2013-2023 (USD Billion) 75 Figure 28: South America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 78 Figure 29: South America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 USD Billion) Figure 30: South America SURF Market: By Type, By Value, 2013-2023 (USD Billion) 82 Figure 31: South America SURF Market Size, By Country, 2017 (%) 84 Figure 32: South America SURF Market Size, By Country, 2023 (%) 85 Figure 33: Brazil SURF Market, By Value, 2013-2023 (USD Billion) 86 Figure 34: Argentina SURF Market, By Value, 2013-2023 (USD Billion) 87 Figure 35: Europe SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 90 Figure 36: Europe SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion) Figure 37: Europe SURF Market: By Type, By Value, 2013-2023 (USD Billion) 94 Figure 38: Europe SURF Market Size, By Country, 2017 (%) 97 Figure 39: Europe SURF Market Size, By Country, 2023 (%) 98 79 92 12
List of Figures Figure No. Figure Title Page No. Figure 40: United Kingdom SURF Market, By Value, 2013-2023 (USD Billion) 99 Figure 41: Norway SURF Market, By Value, 2013-2023 (USD Billion) 101 Figure 42: Africa SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 105 Figure 43: Africa SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion) Figure 44: Africa SURF Market: By Type, By Value, 2013-2023 (USD Billion) 108 Figure 45: Africa SURF Market Size, By Country, 2017 (%) 110 Figure 46: Africa SURF Market Size, By Country, 2023 (%) 111 Figure 47: Nigeria SURF Market, By Value, 2013-2023 (USD Billion) 112 Figure 48: Angola SURF Market, By Value, 2013-2023 (USD Billion) 115 Figure 49: Asia Pacific SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 118 Figure 50: Asia Pacific SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion) Figure 51: Asia Pacific Oil Reserves, By Country (Onshore & Offshore) 120 Figure 52: Asia Pacific Gas Reserves, By Country (Onshore & Offshore) 120 Figure 53: Asia Pacific SURF Market: By Type, By Value, 2013-2023 (USD Billion) 121 Figure 54: Asia Pacific SURF Market Size, By Country, 2017 (%) 123 Figure 55: Asia Pacific SURF Market Size, By Country, 2023 (%) 124 Figure 56: China SURF Market, By Value, 2013-2023 (USD Billion) 125 Figure 57: Australia SURF Market, By Value, 2013-2023 (USD Billion) 126 Figure 58: Middle East SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) 130 Figure 59: Middle East SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion) Figure 60: Middle East SURF Market: By Type, By Value, 2013-2023 (USD Million) 134 106 119 131 13
List of Figures Figure No. Figure Title Page No. Figure 61: Middle East SURF Market Size, By Country, 2017 (%) 136 Figure 62: Middle East SURF Market Size, By Country, 2023 (%) 137 Figure 63: Saudi Arabia SURF Market, By Value, 2013-2023 (USD Billion) 138 Figure 64: Prysmian Group Percentage Revenue, By Geography (2017) 160 Figure 65: Prysmian Group Percentage, By Business area (2017) 160 Figure 66: Prysmian Group Revenue, USD Million (2014-2017) 161 Figure 67: Prysmian Group Revenue, By Business Segment, By Oil and Gas, USD Million (2017) 161 Figure 68: Aker Solution Revenue, 2014-2017 (USD Million) 163 Figure 69: Aker Solutions Sales, By Region, 2017 (%) 163 Figure 70: Aker Solution Sales, By Business Group, 2017 (%) 164 Figure 71: TechnipFMC Revenue, 2016-2017(USD Million) 166 Figure 72: TechnipFMC Revenue, By Segment, USD Million (2017) 166 Figure 73: TechnipFMC Revenue, By Country, USD Million (2017) 166 Figure 74: Saipem Revenue, 2012-2016 (USD Million) 169 Figure 75: Saipem Sales, By Region, 2016 (%) 169 Figure 76: McDermott Revenue, 2014-2016 (USD Million) 171 Figure 77: McDermott Revenue, By Region, 2016 (%) 171 Figure 78: Actuant s Revenue, 2012-2016 (USD Million) 176 Figure 79: Actuant s Revenue, By Business Segment, 2016 (%) 176 14
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: Global SURF Project Pipeline 41 Table D: Deep Water Reserves and Infrastructure (2012-2016) 52 Table E: Oil production in Outer Continental Shelf (in barrels) 68 Table F: Gas production in Outer Continental Shelf (MCF in 1,000 cubic feet) 68 Table G: Rig Activities in South America during 2013-2016 80 Table H: Table I: Oil proved reserves and production in major oil and gas producing regions in South and Central America, 2013-2016 Gas proved reserves and production in major oil and gas producing regions in South and Central America, 2013-2016 81 81 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 knowledge base. In the process of primary research, we have interviewed various industry experts across the value chain of the Subsea Industry. Market size of the actual period (2013-2017) 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 (2018-2023) 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 (Subsea Umbilical, Risers and Flowlines) Market Global SURF Market boosted by the rising demand for oil and gas and increasing offshore E&P activities Figure 3: Global SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017(USD Billion) CAGR 2013-2017 % 2013 2014 2015 2016 2017 17
Global SURF Market- By Water Depth Shallow Water accounts for the major market share of %, in the year 2016. Figure 9: Global SURF Market Size, By Water Depth, 2017 (%) Key Drivers Shallow Water Deep Water 18
Global SURF Market- By Water Depth Increasing deep water and ultra deep water activities is anticipated to drive the market in the forecast period Figure 10: Global SURF Market Size, By Water Depth, 2023 (%) Key Drivers Shallow Water Deep Water 19
Global SURF Market- By Water Depth Figure 11: Global SURF Market: By Water Depth, By Value, 2013-2023 (USD Billion) CAGR 2013-2017 Shallow Water: % Deep Water:% CAGR 2018-2023 Shallow Water: % Deep Water: % 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Shallow Water Deep Water 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Shallow Water Deep Water 20
Global SURF Market-By Type Flowline held the major market share of 50.45%, by value, in the year 2017. Figure 12: Global SURF Market Size, By Type, 2017 (%) Key Drivers Flowline Umbilical Risers 21
Global SURF Market-By Type In the forecast period, Flowlines are expected to hold larger share in the market, however umbilical are estimated to be the faster growing segment. Figure 13: Global SURF Market Size, By Type, 2023 (%) Key Drivers Flowline 20.41% 49.84% Umbilical 29.75% Risers 22
Global SURF Market- By Type Figure 14: Global SURF Market: By Type, By Value, 2013-2023 (USD Billion) CAGR 2013-2017 Flowlines: % Umbilical: % Risers: % CAGR 2018-2023 Flowlines: % Umbilical: % Risers: % 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Umbilical Risers Flowlines 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Flowline Umbilical Risers 23
Global SURF Market- By Umbilical Type Figure 15: Global SURF Market: By Umbilical Type, By Value, 2013-2023 (USD Billion) CAGR 2013-2017 Electro-Hydraulic Umbilical: % Hydraulic Umbilical: % Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical with medium voltage cores: % Electro-Fibre Optical-Hydraulic umbilical: % CAGR 2018-2023 Electro-Hydraulic Umbilical: % Hydraulic Umbilical: % Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical with medium voltage cores: % Electro-Fibre Optical-Hydraulic umbilical: % 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Electro-Hydraulic Umbilical Hydraulic Umbilical Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical with medium voltage cores Electro-Fibre Optical-Hydraulic umbilical 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Electro-Hydraulic Umbilical Hydraulic Umbilical Electro Hydraulic and Electro-Fibre optical Hydraulic Umbilical with medium voltage cores Electro-Fibre Optical- Hydraulic umbilical 24
Global SURF Market- By Riser Type Figure 17: Global SURF Market: By Riser Type, By Value, 2013-2023 (USD Billion) CAGR 2013-2017 Production Riser: % Drilling Riser: % Workover Riser: % Others: % CAGR 2018-2023 Production Riser: % Drilling Riser: % Workover Riser: % Others: % 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Production Riser Drilling Riser Work Over Riser Others 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Production Riser Drilling Riser Work Over Riser Others 25
Global SURF Market-By Region South America account for major share of 29.57% in SURF market, by value, in the year 2017. Figure 18: Global SURF Market Size, By Region, 2017 (%) Key Drivers North America South America Africa Europe Middle East APAC x 26
Global SURF Market-By Region APAC is the fastest growing region followed by Europe and Africa. Figure 19: Global SURF Market Size, By Region, 2023 (%) Key Drivers North America South America Africa Europe Middle East APAC 27
North America SURF Market North America SURF Market boosted by increasing offshore drilling activities in U.S. Gulf of Mexico Figure 20: North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, 2013-2017 (USD Billion) CAGR 2013-2017 % 2013 2014 2015 2016 2017 28
North America SURF Market Surging Subsea production and processing activities is increasing demand for SURF installations in the region Figure 21: North America SURF (Subsea Umbilical, Risers and Flowlines) Market Size, By Value, Forecast, 2018-2023 (USD Billion) CAGR 2018-2023 % 2018 2019 2020 2021 2022 2023 29
North America SURF Market, By Type Figure 23: North America SURF Market: By Type, By Value, 2013-2023(USD Billion) CAGR 2013-2017 Flowline: % Umbilical: % Risers: % CAGR 2018-2023 Flowline: % Umbilical: % Risers: % 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Flowline Umbilical Riser 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Flowlines Umbilical Risers 30
North America SURF Market: Country Analysis Figure 24: North America SURF Market Size, By Country, 2017 (%) Key Drivers United States Mexico Others 31
North America SURF Market: Country Analysis Figure 25: North America SURF Market Size, By Country, 2023 (%) Key Drivers United States Mexico Others 32
United States SURF Market Figure 26: United States SURF Market, By Value, 2013-2023 (USD Billion) CAGR 2013-2017 % CAGR 2018-2023 % 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 33
Mexico SURF Market Figure 27: Mexico SURF Market, By Value, 2013-2023 (USD Billion) CAGR 2013-2017: % CAGR 2018-2023: % 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 34
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 Artificial Lift Market : Analysis By Lift Technology, By Mechanism, By Application, By Region, By Country: Opportunities and Forecast (2018-2023) - (By Lift Technology (Beam Lift, Plunger, Gas Lift, Electric Pump, Hydraulic Pump, Progressive Cavity Pump, Others), By Mechanism(Pump Assisted, Gas Assisted); By Application (Onshore, Offshore), By Country (USA, Canada, Mexico, Argentina, Brazil, Russia, Norway, United Kingdom, China, India, Indonesia, Saudi Arabia, Oman, Algeria) Global Coiled Tubing (CT) Market : Analysis By Active CT Fleet, Application, Location, By Region, By Country : Opportunities and Forecast (2018-2023) - (By Active CT Fleet Application (Well Intervention, Drilling, Completion), Location(Onshore, Offshore); By Country (U.S, Canada, Mexico, Brazil, Venezuela, Norway, Russia, UK, China, India, Indonesia, Saudi Arabia, Iran, Nigeria) Global Well Head Equipment Market: Analysis By Equipment, By Application,By Market Type By Region, By Country: Opportunities and Forecast (2018-2023) -(By Equipment (Master Valve, Hanger, Flanges, Others); By Application (Offshore, Onshore);By Market Type (OEM, Aftermarket), By Region (North America, Europe, Asia Pacific, LAMEA), By Country (USA, Canada, Norway, UK, Rest of Europe, China, India, Indonesia, Rest of Asia, Mexico, Saudi Arabia, Oman, Rest of LAMEA) 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. 35