South America Oil & Gas Subsea Umbilicals, Risers and Flowlines Market By Component, By Application, Competition Forecast and Opportunities, 2011-2021
LONDON, May 31, 2017 /PRNewswire/ -- Brazil is the leading subsea equipment demand generator in South America. However, over the past few years, Brazilian economy witnessed a downfall, which subsequently impacted the country's spending capacity. Decline in offshore explorations negatively impacted oil & gas SURF market in the region. Moreover, corruption scandal that engulfed Petrobras also negatively impacted SURF market in South America, as the company had laid one of the largest corporate capital expenditure plan to tap offshore pre-salt discoveries. South America holds a great potential for offshore oil & gas explorations and hence, the oil & gas SURF market in the region is anticipated to exhibit a moderate growth through 2021.
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According to "South America Oil & Gas Subsea Umbilicals, Risers and Flowlines (SURF) Market, Competition Forecast and Opportunities, 2011-2021", South America oil & gas SURF is projected to exhibit a CAGR of over 12%, in value terms, during the forecast period. Some Few of the leading players in South America oil & gas SURF market include Few of the leading players in South America oil & gas SURF market include Technip, Subsea 7 SA, Aker Solutions ASA, Nexans SA, Saipem SpA, Prysmian S.p.A., VALLOUREC, ABB Ltd, Kongsberg Gruppen, Siemens AG, Airborne Oil & Gas B.V. "South America Oil & Gas Subsea Umbilicals, Risers and Flowlines (SURF) Market, Competition Forecast and Opportunities, 2011-2021" discusses the following aspects of South America oil and gas SURF market:
- South America Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market Size, Share & Forecast
- Segmental Analysis: By Component (Flowlines, Risers and Subsea Umbilicals), By Application (Deepwater, Shallow Water and Ultra-Deepwater)
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape
Why You Should Buy This Report?
- To gain an in-depth understanding of South America oil & gas subsea umbilicals, risers & flowlines (SURF) market
- To identify the on-going trends, and anticipated growth over the next five years
- To help industry consultants, subsea equipment manufacturers and other stakeholders to align their market-centric strategies
- To obtain research-based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer's specific needs
Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with SURF equipment manufacturers, resellers and distributors along with EPC players for subsea field development services. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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