Subsea Umbilicals, Risers & Flowlines (SURF) refer to the cable those used in the operation of subsea oil or gas plant.

 

An umbilical, or umbilical cable, is a static or dynamic cable that is the vital link between subsea production and processing systems and the surface, as well as between elements within the larger subsea system via flying leads. Umbilicals are composite cables that have the ability to carry out a large range of processes. Flowlines transport unprocessed fluids from the subsea well to the riser. The riser then transports the fluids to the surface processing system.

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Globally, the Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) industry market is concentrated as the manufacturing technology of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) is quite high and held by a few of enterprises. The Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market was worth $ 5363 million in 2015 and is expected to reach $ 6393 million in 2021. In the next five years, the global consumption of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) will maintain an average 6% annual growth rate.

According to our research and analysis, the leading five companies in the market occupies about 65% of the production value shares. Major manufacturers in the market are Aker Solutions, Technip, FMC Technologies, Prysmian Group and Vallourec.

 

 

According to this study, over the next five years the Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market will register a 4.4% CAGR in terms of revenue, the global market size will reach US$ 6700 million by 2024, from US$ 5180 million in 2019.

 

In particular, this report presents the global market share (sales and revenue) of key companies in Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) business, shared in Chapter 3.

 

This report presents a comprehensive overview, market shares, and growth opportunities of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market by product type, application, key manufacturers and key regions and countries.

 

This study considers the Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) value and volume generated from the sales of the following segments:

 

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

 

• Umbilicals
• Risers and Flowlines

 

 

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

 

• Shallow Water Oil & Gas Fields
• Deepwater Oil & Gas Fields
• Ultra Deepwater Oil & Gas Fields

 

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

 

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Spain
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

 

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

 

• Aker Solutions
• Technip
• FMC Technologies
• Prysmian Group
• Vallourec
• Nexans
• JDR
• Oceaneering

 

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

Research objectives

 

• To study and analyze the global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market by identifying its various subsegments.
• Focuses on the key global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

 

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