Subsea Pumps Market by Type (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial), by Application (Subsea Boosting, Subsea Injection, Subsea Separation, Subsea Gas Compression) & by Geography - Global Trends & Forecast to 2018
NEW YORK, June 24 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Subsea Pumps Market by Type (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial), by Application (Subsea Boosting, Subsea Injection, Subsea Separation, Subsea Gas Compression) & by Geography - Global Trends & Forecast to 2018
http://www.reportlinker.com/p02181355/Subsea-Pumps-Market-by-Type-Helico-Axial-ESP-Centrifugal-Twin-Screw-Hybrid-Counter-Axial-by-Application-Subsea-Boosting-Subsea-Injection-Subsea-Separation-Subsea-Gas-Compression--by-Geography---Global-Trends--Forecast-to-2018.html
This report estimates the subsea pumps market in terms of value. The value market is estimated in terms of number of subsea processing projects being already and the upcoming per year and value in terms of contract value. This has been broken down into regions, type of pumps and is also split into subsea applications.
Subsea pumps are required for oil and gas development. The ever-increasing offshore exploration and production activities across the globe and the drilling activities at ultra-deep water depths are driving the market. However, issues associated with the environment, geopolitical turmoil, and a lack of skilled professionals, are affecting the growth. Helico-Axial has the highest current market share in the subsea pumps market, followed by ESP pumps.
We have used various secondary sources such as encyclopedias, directories, and databases to identify and collect information that was useful for this extensive commercial study of the global subsea pumps market. The primary sources – experts and suppliers from the industry – have all been interviewed to obtain and verify critical information, as well as to assess the future prospects of the subsea pumps market.
We have also profiled leading players of this industry, along with their recent developments and other strategic industry activities. Some of the key companies profiled include Aker Solutions (Norway), Flow Serve (U.S.), OneSubsea (U.S.), FMC Technologies Inc. (U.S.), Baker Hughes (U.S.), and GE Oil and Gas (U.S.) among others.
Latin America dominates the current global subsea pumps market due to maximum number for the subsea pumps projects. The subsea pumps market is segmented into five regions namely U.S., Latin America, Europe, Africa, and Asia-Pacific. The floating production systems market is further segmented by types, water depths, and build.
The report also touches upon various important aspects of the market. These include analysis of the value chain, Porter's Five Forces model, the competitive landscape. In addition to this, 10 key players of this market have also been profiled.
1 INTRODUCTION 16
1.1 KEY TAKE-AWAYS 16
1.2 ANALYST INSIGHTS 16
1.3 REPORT DESCRIPTION 18
1.4 MARKET DEFINITIONS 18
1.5 STAKEHOLDERS 19
1.6 RESEARCH METHODOLOGY 19
1.6.1 APPROACH 19
1.6.2 MARKET SIZE ESTIMATION 21
1.6.3 MARKET CRACKDOWN & DATA TRIANGULATION 22
1.6.4 KEY DATA FROM SECONDARY SOURCES 24
1.6.5 KEY SECONDARY SOURCES USED 24
1.6.6 KEY DATA FROM SECONDARY SOURCES 25
1.6.7 ASSUMPTIONS MADE FOR THIS REPORT 25
2 EXECUTIVE SUMMARY 27
3 PREMIUM INSIGHTS 30
3.1 EUROPE AS A MARKET LEADER 30
3.2 EUROPE AND LATIN AMERICA DRIVE THE MARKET 32
3.3 SUBSEA MARKET SCENARIO & GROWTH ANALYSIS 33
3.4 SUBSEA BOOSTING TO BE THE KEY APPLICATION WITHIN THE GLOBAL SUBSEA PUMPS MARKET 34
3.5 CENTRIFUGAL PUMPS & COMPRESSOR SHOWS MAXIMUM GROWTH 35
3.6 SUBSEA PUMPS: KEY STRATEGIES, BY GLOBAL PLAYERS 36
4 MARKET OVERVIEW 38
4.1 INTRODUCTION 38
4.2 MARKET SEGMENTATION 40
4.2.1 BY TYPE 40
4.2.2 BY GEOGRAPHY 41
4.2.3 BY APPLICATION 42
4.3 VALUE CHAIN ANALYSIS 43
4.3.1 ORIGINAL EQUIPMENT MANUFACTURERS 44
4.3.2 SYSTEM PACKAGERS 44
4.3.3 OILFIELD OPERATORS 44
4.4 MARKET DYNAMICS 45
4.4.1 DRIVERS 45
4.4.1.1 GLOBAL OIL & GAS DEMAND 45
4.4.1.2 Constant oil prices 47
4.4.1.3 Access to difficult reserves & flow assurance 48
4.4.1.4 Growing Subsea Infrastructure Market Growth 48
4.4.1.5 Increasing deep-water activities, longer tiebacks, and recoverable reserves 49
4.5 RESTRAINTS 50
4.5.1.1 Government regulatory norms 50
4.5.1.2 Operational and environmental concerns 50
4.5.2 OPPORTUNITY 51
4.5.2.1 Growing offshore E&P CAPEX 51
4.5.3 BURNING ISSUE 51
4.5.3.1 Lack of technical expertise 51
4.6 PORTER'S FIVE FORCES ANALYSIS 52
4.6.1 THREAT OF NEW ENTRANTS 53
4.6.2 THREAT OF SUBSTITUTES 54
4.6.3 SUPPLIERS' POWER 54
4.6.4 BUYERS' POWER 54
4.6.5 DEGREE OF COMPETITION 55
5 INDUSTRY ANALYSIS 56
5.1 RELATED MARKET 56
5.1.1 GLOBAL OFFSHORE DRILLING MARKET 56
5.2 SUBSEA MARKET INSIGHTS 58
5.2.1 PRESENT SCENARIO 58
5.2.1.1 Global Offshore Oil & Gas Production 58
5.2.1.1.1 Global Offshore Oil Production 58
5.2.1.1.2 Global Offshore Gas Production 60
5.2.1.2 Recent deep-water discoveries 61
5.2.1.2.1 North America 61
5.2.1.2.2 Latin America 62
5.2.1.2.3 Africa 63
5.2.1.2.4 Europe 64
5.2.1.2.5 Asia-Pacific 65
5.2.2 SUBSEA SCENARIO BY 2030 66
5.2.2.1 Top influencing events 66
5.2.2.1.1 Arctic Region 66
5.2.2.1.2 Collaboration 67
5.2.2.1.3 Projects Underway 67
5.2.2.1.3.1 ANADARKO 67
5.2.2.1.3.2 APACHE 67
5.2.2.1.3.3 CHEVRON 68
5.2.2.1.3.4 SHELL 68
5.2.2.1.3.5 TULLOW OIL/KOSMOS 68
5.2.2.1.3.6 NOBLE ENERGY 68
5.2.2.1.3.7 PETROBRAS 69
5.2.2.1.3.8 STATOIL 69
5.2.2.2 Technological developments expected 70
5.2.2.2.1 ARCTIC REGION 70
5.2.2.2.2 Key drivers for technology development 70
5.2.2.2.3 Upcoming Technologies 71
5.2.2.3 Top market gainers 71
6 GLOBAL SUBSEA PUMPING SYSTEMS: MARKET ANALYSIS 72
6.1 INTRODUCTION 72
6.2 GLOBAL OFFSHORE HYDROCARBON RESERVES 73
6.3 MARKET ANALYSIS 75
6.3.1 SUBSEA BOOSTING SYSTEMS 75
6.3.2 SUBSEA SEPARATION SYSTEMS 80
6.3.3 SUBSEA INJECTION SYSTEMS 84
6.3.4 SUBSEA COMPRESSION SYSTEMS 87
7 SUBSEA PUMPS MARKET, BY TYPE 91
7.1 INDUSTRY OVERVIEW 92
7.2 MARKET ANALYSIS, BY TYPE 92
7.2.1 SUBSEA PUMPS TYPE ANALYSIS, BY APPLICATION 94
7.2.1.1 Helico-Axial Subsea Pumps Market 94
7.2.1.1.1 Revenue & Forecast 94
7.2.1.2 ESP Subsea Pumps Market 95
7.2.1.2.1 Revenue & Forecast 95
7.2.1.3 Centrifugal Subsea Pumps Market 96
7.2.1.3.1 Revenue & Forecast 96
7.2.1.4 Twin-Screw Subsea Pumps Market 97
7.2.1.4.1 Revenue & Forecast 97
7.2.1.5 Hybrid Subsea Pumps Market 98
7.2.1.5.1 Revenue & Forecast 98
7.2.1.6 Counter Axial Subsea Pumps Market 99
7.2.1.6.1 Revenue & Forecast 99
8 SUBSEA PUMPS MARKET, BY APPLICATION 100
8.1 INDUSTRY OVERVIEW 100
8.2 MARKET ANALYSIS, BY APPLICATION 100
8.2.1 GLOBAL SUBSEA PUMPS MARKET ANALYSIS 100
8.2.1.1 Subsea Boosting Market, By Pump Type 102
8.2.1.2 Subsea Separation Market, By Pump Type 103
8.2.1.3 Subsea Injection Market, By Pump Type 104
8.2.1.4 Subsea Gas Compression Market, By Pump Type 105
9 SUBSEA PUMPS MARKET, BY GEOGRAPHY 106
9.1 INDUSTRY OVERVIEW 107
9.2 MARKET ANALYSIS, BY GEOGRAPHY 109
9.2.1 SUBSEA PUMPS MARKET FORECAST, BY GEOGRAPHY 110
9.2.2 SUBSEA PUMPS, GEOGRAPHY ANALYSIS, BY APPLICATIONS 111
9.2.2.1 Subsea Boosting Revenue & Forecasts 111
9.2.2.2 Subsea Separation Revenue & Forecast 112
9.2.2.3 Subsea injection Revenue & Forecast 113
9.2.3 SUBSEA PUMPS APPLICATION ANALYSIS, BY GEOGRAPHY 114
9.2.3.1 ASIA-PACIFIC 114
9.2.3.1.1 Industry Trend 114
9.2.3.1.2 Revenue & Forecasts 116
9.2.3.2 EUPORE 116
9.2.3.2.1 Industry Trend 116
9.2.3.2.2 REVENUE FORECAST 118
9.2.3.3 U.S. 119
9.2.3.3.1 Industry Trend 119
9.2.3.3.2 REVENUE FORECAST 120
9.2.3.4 LATIN AMERICA 121
9.2.3.4.1 Industry Trend 121
9.2.3.4.2 REVENUE FORECAST 122
9.2.3.5 AFRICA 123
9.2.3.5.1 Industry Trend 123
9.2.3.5.2 REVENUE FORECAST 125
10 COMPETITIVE LANDSCAPE 126
10.1 INTRODUCTION 127
10.2 KEY PLAYERS OF SUBSEA PUMPS MARKET 127
10.2.1 TOP PLAYERS' FOCUS AREA 127
10.2.1.1 Growth strategies in the global subsea pumps market 127
10.3 CONTRACT AGREEMENTS LEAD THE WAY 128
10.4 MARKET SHARE ANALYSIS 129
10.4.1 SUBSEA PUMPS MARKET 129
10.4.1.1 Market share scenario 129
10.5 COMPETITIVE SITUATION & TRENDS 130
10.5.1 CONTRACT AGREEMENT 130
10.5.2 GEOGRAPHICAL EXPANSION 133
10.5.3 NEW PRODUCT DEVELOPMENTS 135
10.5.4 JOINT VENTURES 137
10.6 OTHERS 138
11 COMPANY PROFILES 140 (Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
11.1 AKER SOLUTIONS 140
11.2 BAKER HUGHES 144
11.3 FLOWSERVE 147
11.4 FMC TECHNOLOGIES INC. 150
11.5 GE OIL & GAS 153
11.6 ITT BORNEMANN 157
11.7 LEISTRITZ AG 159
11.8 ONESUBSEA 161
11.9 SPX CORPORATION 164
11.10 SULZER LTD. 167
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
LIST OF TABLES
TABLE 1 GLOBAL SUBSEA PUMPS MARKET SIZE (VALUE), BY TYPE,
2011-2018 ($MILLION) 28
TABLE 2 GLOBAL OFFSHORE DRILLING MARKET SIZE (VALUE), BY SERVICE, 2011–2018 ($MILLION) 57
TABLE 3 U.S. GOM: RECENT DEEP-WATER DISCOVERIES, 2011-2012 61
TABLE 4 LATIN AMERICA: RECENT DEEP-WATER DISCOVERIES, 2011-2012 62
TABLE 5 AFRICA: RECENT DEEP-WATER DISCOVERIES, 2011-2012 63
TABLE 6 EUROPE: RECENT DEEP-WATER DISCOVERIES, 2011-2012 64
TABLE 7 ASIA-PACIFIC: RECENT DEEP-WATER DISCOVERIES, 2011-2012 65
TABLE 8 SUBSEA PROJECTS: PRESENT VS PLANNED 66
TABLE 9 EXPECTED SUBSEA TECHNOLOGIES IN THE FUTURE 71
TABLE 10 GLOBAL OFFSHORE HYDROCARBON PROVEN RESERVES, BY REGION (BILLION BOE) 73
TABLE 11 DISTRIBUTION OF GLOBAL OFFSHORE HYDROCARBON RESERVES,
BY WATER DEPTH (BILLION BOE) 74
TABLE 12 SUBSEA BOOSTING PROJECTS, BY FIELD & WATER DEPTH, 2010-2016 75
TABLE 13 SUBSEA BOOSTING PROJECTS AWARDED TILL DATE, BY REGION 77
TABLE 14 SUBSEA SEPARATION PROJECTS, BY FIELD & WATER DEPTH,
2010-2017 81
TABLE 15 SUBSEA SEPARATION PROJECTS AWARDED TILL DATE, BY REGION 83
TABLE 16 SUBSEA INJECTION PROJECTS, BY FIELD & WATER DEPTH, 2001-2013 85
TABLE 17 SUBSEA INJECTION PROJECTS AWARDED TILL DATE, BY REGION 86
TABLE 18 SUBSEA COMPRESSION PROJECTS, BY FIELD & WATER DEPTH,
2011-2021 88
TABLE 19 SUBSEA COMPRESSION PROJECTS AWARDED TILL DATE, BY REGION 90
TABLE 20 GLOBAL SUBSEA PUMPS MARKET SIZE (VALUE), BY TYPE,
2011-2018 ($MILLION) 93
TABLE 21 HELICO-AXIAL SUBSEA PUMPS MARKET SIZE (VALUE),
BY APPLICATION, 2011-2018 ($MILLION) 94
TABLE 22 ESP SUBSEA PUMPS MARKET SIZE (VALUE), BY APPLICATION,
2011-2018 ($MILLION) 95
TABLE 23 CENTRIFUGAL SUBSEA PUMPS MARKET SIZE (VALUE),
BY APPLICATION, 2011-2018 ($MILLION) 96
TABLE 24 TWIN-SCREW SUBSEA PUMPS MARKET SIZE (VALUE), BY APPLICATION, 2011-2018 ($MILLION) 97
TABLE 25 HYBRID SUBSEA PUMPS MARKET SIZE (VALUE), BY APPLICATION, 2011-2018 ($MILLION) 98
TABLE 26 COUNTER AXIAL SUBSEA PUMPS MARKET SIZE (VALUE),
BY APPLICATION, 2011-2018 ($MILLION) 99
TABLE 27 GLOBAL SUBSEA PUMPS MARKET SIZE (VALUE), BY APPLICATION, 2011-2018 ($MILLION) 101
TABLE 28 SUBSEA BOOSTING MARKET SIZE (VALUE), BY TYPE,
2011-2018 ($MILLION) 102
TABLE 29 SUBSEA SEPARATION MARKET SIZE (VALUE), BY TYPE,
2011-2018 ($MILLION) 103
TABLE 30 SUBSEA INJECTION MARKET SIZE (VALUE), BY TYPE,
2011-2018 ($MILLION) 104
TABLE 31 SUBSEA GAS COMPRESSION MARKET SIZE (VALUE), BY TYPE,
2011-2018 ($MILLION) 105
TABLE 32 OFFSHORE DRILLING ACTIVITIES, BY GEOGRAPHY,
2011-2012 (MILLION FEET) 108
TABLE 33 GLOBAL SUBSEA PUMPS MARKET SIZE (VALUE), BY GEOGRAPHY,
2011-2018 ($MILLION) 110
TABLE 34 SUBSEA BOOSTING MARKET SIZE (VALUE), BY GEOGRAPHY,
2011-2018 ($MILLION) 111
TABLE 35 SUBSEA SEPARATION MARKET SIZE (VALUE), BY GEOGRAPHY,
2011-2018 ($MILLION) 112
TABLE 36 SUBSEA WATER INJECTION MARKET SIZE (VALUE), BY GEOGRAPHY, 2011-2018 ($MILLION) 113
TABLE 37 SUBSEA GAS COMPRESSION MARKET SIZE (VALUE), BY GEOGRAPHY, 2011-2018 ($MILLION) 114
TABLE 38 ASIA-PACIFIC: OFFSHORE WELLS DRILLED, BY COUNTRY, 2011–2013 115
TABLE 39 ASIA-PACIFIC SUBSEA PUMPS MARKET SIZE (VALUE), BY APPLICATION, 2011-2018 ($MILLION) 116
TABLE 40 EUROPE: OFFSHORE WELLS DRILLED, BY COUNTRY, 2011–2013 117
TABLE 41 EUROPE SUBSEA PUMPS MARKET SIZE (VALUE), BY APPLICATION, 2011-2018 ($MILLION) 118
TABLE 42 U.S.: OFFSHORE WELLS DRILLED, BY COUNTRY, 2011–2013 119
TABLE 43 U.S. SUBSEA PUMPS MARKET SIZE (VALUE), BY APPLICATION,
2011-2018 ($MILLION) 120
TABLE 44 LATIN AMERICA: OFFSHORE WELLS DRILLED, BY COUNTRY, 2011-2013 121
TABLE 45 LATIN AMERICA SUBSEA PUMPS MARKET SIZE (VALUE),
BY APPLICATION, 2011-2018 ($MILLION) 122
TABLE 46 AFRICA: OFFSHORE WELLS DRILLED, BY COUNTRY, 2011–2013 124
TABLE 47 AFRICA: SUBSEA PUMPS MARKET SIZE (VALUE), BY APPLICATION, 2011-2018 ($MILLION) 125
TABLE 48 CONTRACT AGREEMENTS, 2010-2014 131
TABLE 49 GEOGRAPHICAL EXPANSIONS, 2010-2014 134
TABLE 50 NEW PRODUCT DEVELOPMENTS, 2010-2013 136
TABLE 51 JOINT VENTURES, 2010-2014 138
TABLE 52 OTHER DEVELOPMENTS, 2010-2014 139
TABLE 53 AKER SOLUTIONS: PRODUCTS/MODELS & SERVICES 141
TABLE 54 BAKER HUGHES: PRODUCTS & DESCRIPTION 145
TABLE 55 FLOWSERVE: PRODUCTS/MODELS & DESCRIPTION 148
TABLE 56 FMC TECHNOLOGIES: PRODUCTS/MODELS & DESCRIPTION 151
TABLE 57 GE OIL & GAS: PRODUCTS/MODELS & DESCRIPTION 154
TABLE 58 ITT BORNEMANN: TYPES/MODELS & DESCRIPTION 157
TABLE 59 LEISTRIZ: PRODUCTS/MODELS & DESCRIPTION 160
TABLE 60 ONESUBSEA: PRODUCTS/MODELS & DESCRIPTION 161
TABLE 61 SPX CORPORATION: PRODUCT & SERVICES 165
TABLE 62 SULZER LTD: PRODUCT/TYPE & DESCRIPTION 168
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY 20
FIGURE 2 DATA TRIANGULATION METHODOLOGY 23
FIGURE 3 SUBSEA PUMPS MARKET SHARE: REGIONAL SCENARIO 2013 31
FIGURE 4 SUBSEA PUMPS: MAJOR MARKET SCENARIOS, 2013-2018 32
FIGURE 5 MARKET ESTIMATION, 2013 & GROWTH ANALYSIS, 2013-2018 33
FIGURE 6 SUBSEA PUMPS MARKET COMPARISION, BY APPLICATION, 2013–2018 34
FIGURE 7 SUBSEA PUMPS MARKET: MARKET VALUE, BY PUMP TYPE, 2013–2018 35
FIGURE 8 MARKET STRATEGY OF TOP PLAYERS, 2012–2014 36
FIGURE 9 SUBSEA PUMPS MARKET SHARE, BY TYPE, 2013 40
FIGURE 10 SUBSEA PUMPS MARKET SHARE, BY GEOGRAPHY, 2013 41
FIGURE 11 SUBSEA PUMPS MARKET SHARE, BY APPLICATION, 2013 42
FIGURE 12 VALUE CHAIN OF THE SUBSEA PUMPS MARKET 43
FIGURE 13 GLOBAL OIL DEMAND, BY GEOGRAPHY, 2008-2012 45
FIGURE 14 GLOBAL GAS DEMAND, BY GEOGRAPHY, 2008-2012 46
FIGURE 15 CRUDE OIL PRICE TREND 47
FIGURE 16 CAPITAL SPENDING – SUBSEA MARKET, 2012-2018 ($MILLION) 48
FIGURE 17 SUBSEA PUMPS MARKET: PORTER'S FIVE FORCES ANALYSIS 53
FIGURE 18 GLOBAL OFFSHORE OIL PRODUCTION, BY GEOGRAPHY,
2012 (MILLION BARRELS PER DAY) 59
FIGURE 19 GLOBAL OFFSHORE GAS PRODUCTION, BY GEOGRAPHY,
2012 (BILLION CUBIC FEET PER DAY) 60
FIGURE 20 GLOBAL SUBSEA BOOSTING PROJECTS BY WATER DEPTH (1994–2016) 78
FIGURE 21 GLOBAL SUBSEA BOOSTING PROJECTS, BY REGION (1994–2016) 79
FIGURE 22 GLOBAL SUBSEA SEPARATION PROJECTS, BY WATER DEPTH
(2001–2017) 82
FIGURE 23 GLOBAL SUBSEA GAS COMPRESSION PROJECTS, BY WATER DEPTHS (2014–2022) 89
FIGURE 24 GLOBAL SUBSEA PUMPS MARKET SIZE (VALUE), BY TYPE,
2013 ($MILLION) 92
FIGURE 25 GLOBAL SUBSEA PUMPS MARKET SHARE, BY APPLICATION, 2013 100
FIGURE 26 GLOBAL SUBSEA PUMPS MARKET SHARE, BY GEOGRAPHY, 2013 109
FIGURE 27 SUBSEA PUMP MARKET SHARE, BY GROWTH STRATEGY, 2010-2014 128
FIGURE 28 MARKET SHARE ANALYSIS, 2013 129
FIGURE 29 CONTRACT AGREEMENTS, 2010-2014 130
FIGURE 30 GEOGRAPHICAL EXPANSIONS, 2010-2014 133
FIGURE 31 NEW PRODUCT DEVELOPMENTS, 2010-2014 135
FIGURE 32 JOINT VENTURES, 2010-2014 137
FIGURE 33 OTHER DEVELOPMENTS, 2010-2014 138
To order this report: Subsea Pumps Market by Type (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial), by Application (Subsea Boosting, Subsea Injection, Subsea Separation, Subsea Gas Compression) & by Geography - Global Trends & Forecast to 2018
http://www.reportlinker.com/p02181355/Subsea-Pumps-Market-by-Type-Helico-Axial-ESP-Centrifugal-Twin-Screw-Hybrid-Counter-Axial-by-Application-Subsea-Boosting-Subsea-Injection-Subsea-Separation-Subsea-Gas-Compression--by-Geography---Global-Trends--Forecast-to-2018.html
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