The flowline is also called the production line or import line in some cases and is separate from the pipeline system. Risers connect the flowlines to the surface facility. They provide transportation of the production fluid, as well as transporting injection fluids, control fluids and gas lift to the subsea system.
Escalating demand for oil and gas coupled with increasing deep sea developments has facilitated growth in the market for SURF (subsea umbilical, riser and flowline). Increasing demand for using capital intensive techniques in unconventional sources, and increase in deep water explorations to increase oil productivity has further accelerated SURF installations in the offshore oil and gas production projects.
Decline in crude oil prices, depleting oil reserves and global economic slowdown has presented fresh challenges to explore undiscovered reservoirs. In terms of segmentation, market is categorized on basis of type (umbilical, riser and flowline). South America has been leading the market due to offshore activities in Brazil with the share of around 33%, APAC and Middle East is expected to witness a higher growth rate till 2023.
In 2019, the market size of Subsea Umbilicals, Risers, and Flow Lines (SURF) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Subsea Umbilicals, Risers, and Flow Lines (SURF).
This report studies the global market size of Subsea Umbilicals, Risers, and Flow Lines (SURF), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Subsea Umbilicals, Risers, and Flow Lines (SURF) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Prysmian group
Aker Solutions
Technip FMC
McDermott International
Ocean Installer
Actuant Corporation
...
Market Segment by Product Type
Flow lines
Umbilicals
Risers
Market Segment by Application
Oil Industry
Natural Gas Industry
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Subsea Umbilicals, Risers, and Flow Lines (SURF) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Subsea Umbilicals, Risers, and Flow Lines (SURF) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Subsea Umbilicals, Risers, and Flow Lines (SURF) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Subsea Umbilicals, Risers, and Flow Lines (SURF). Industry analysis & Market Report on Subsea Umbilicals, Risers, and Flow Lines (SURF) is a syndicated market report, published as Global (United States, European Union and China) Subsea Umbilicals, Risers, and Flow Lines (SURF) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Subsea Umbilicals, Risers, and Flow Lines (SURF) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.