Subsea Pumps Market by Type (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial), Application (Subsea Boosting, Subsea Injection, Subsea Separation, Subsea Gas Compression), & by Region - Global Trends & Forecast to 2020
The report provides qualitative analysis of the leading players in the subsea pumps market, with a clear insight and analysis of the development strategies used and preferred by them. The report also includes a chronology of developments with respect to contracts and agreements (including joint ventures, collaborations, and partnerships), mergers and acquisitions, new product launches, and expansions. The market dynamics in terms of market drivers, restraints, opportunities, burning issues, and industry trends have also been discussed in detail in the report. Key players including OneSubsea (U.S.), FMC Technologies (U.S.), Aker Solutions (Norway), General Electric (U.S.), and Baker Hughes (U.S.) among others have been profiled in this report. The company profiles also include SWOT analysis for the major players with the insights from MnM’s perspective. Moreover, market share for the top players has been included in the competitive landscape providing a clear picture of the current market scenario.
The global subsea pumps market is projected to reach $1, 773.7 million by 2020, at a CAGR of 11.3% during the forecast period 2015-2020. The market was dominated by South America in 2014, which is expected to continue through 2020. Strong growth has been projected for South America, Europe, and Africa subsea pumps market from 2015 to 2020, as expenditure on offshore E&P activities increases. Subsea activities in these regions are expected to be driven by the depleting onshore reserves and promising offshore projects during the forecast period. Brazil, Norway, Angola, Mozambique, and the U.K. are expected to be promising markets for subsea pumps from 2015 to 2020. E&P giants are planning to invest huge amounts in offshore fields in the above mentioned countries.
SCOPE OF THE REPORT
This report focuses on the global subsea pumps market; segmented on the basis of type, application, and region.
On the basis of Type
- Centrifugal Helico-axial Hybrid pump Twin screw Co-axial ESP
- Subsea boosting Subsea separation Subsea injection Gas compression
- Asia-Pacific North America Europe Middle East South America Africa
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKETS COVERED
1.3.1 MARKETS COVERED: GLOBAL SUBSEA PUMPS MARKET
1.3.2 YEARS CONSIDERED IN THE REPORT
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS
2.4.1 ASSUMPTIONS
2.4.2 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE SUBSEA PUMPS MARKET
4.2 SUBSEA PUMPS MARKET, BY TYPE
4.3 SUBSEA PUMPS MARKET: APPLICATION VS TYPE
4.4 SOUTH AMERICA HOLDS THE LARGEST MARKET SHARE IN TERMS OF VALUE IN 2014
4.5 SUBSEA PUMPS MARKET: DEVELOPED VS. DEVELOPING NATIONS
4.6 SUBSEA PUMPS MARKET, BY APPLICATION (2015-2020)
4.7 AFRICA SUBSEA PUMPS MARKET, BY TYPE
4.8 LIFE CYCLE ANALYSIS, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET EVOLUTION
5.3 MARKET SEGMENTATION
5.3.1 BY TYPE
5.3.2 BY APPLICATION
5.3.3 BY REGION
5.4 MARKET DYNAMICS
5.4.1 DRIVERS
5.4.1.1 Increasing deep-water activities, longer tiebacks, and recoverable reserves
5.4.1.2 Access to difficult reserves
5.4.2 RESTRAINTS
5.4.2.1 Stringent government regulatory norms
5.4.2.2 Operational and environmental concerns
5.4.3 OPPORTUNITY
5.4.3.1 New offshore discoveries
5.4.4 CHALLENGE
5.4.4.1 Oil price volatility
5.5 PORTER’S FIVE FORCES ANALYSIS
5.5.1 THREAT OF NEW ENTRANTS
5.5.1.1 High capital requirement
5.5.1.2 High product differentiation
5.5.2 THREAT OF SUBSTITUTES
5.5.2.1 No major substitute available
5.5.3 BARGAINING POWER OF SUPPLIERS
5.5.3.1 High cost of switching suppliers
5.5.3.2 Non-concentration of suppliers
5.5.4 BARGAINING POWER OF BUYERS
5.5.4.1 Concentration of buyers in the market
5.5.4.2 Local sourcing requirements
5.5.5 INTENSITY OF COMPETITIVE RIVALRY
5.5.5.1 Many equally sized competitors
6 SUBSEA PUMPS MARKET, BY TYPE
6.1 INTRODUCTION
6.2 HELICO-AXIAL
6.3 ELECTRICAL SUBMERSIBLE PUMP (ESP)
6.4 CENTRIFUGAL
6.5 TWIN SCREW
6.6 HYBRID
6.7 COUNTER-AXIAL
7 SUBSEA PUMPS MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 SUBSEA BOOSTING
7.3 SUBSEA SEPARATION
7.4 SUBSEA INJECTION
7.5 SUBSEA COMPRESSION
8 SUBSEA PUMP MARKET, BY REGION
8.1 INTRODUCTION
8.2 SOUTH AMERICA
8.2.1 BRAZIL
8.2.2 REST OF SOUTH AMERICA
8.3 EUROPE
8.3.1 NORWAY
8.3.2 U.K.
8.3.3 REST OF EUROPE
8.4 NORTH AMERICA
8.4.1 U.S.
8.4.2 CANADA
8.4.3 MEXICO
8.5 ASIA-PACIFIC
8.5.1 CHINA
8.5.2 INDIA
8.5.3 MALAYSIA
8.5.4 INDONESIA
8.5.5 AUSTRALIA
8.5.6 REST OF ASIA-PACIFIC
8.6 AFRICA
8.6.1 ANGOLA
8.6.2 NIGERIA
8.6.3 GHANA
8.6.4 REST OF AFRICA
8.7 MIDDLE EAST
8.7.1 SAUDI ARABIA
8.7.2 UAE
8.7.3 QATAR
8.7.4 REST OF MIDDLE EAST
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 MARKET SHARE ANALYSIS
9.3 COMPETITIVE SITUATION & TRENDS
9.4 CONTRACTS & AGREEMENTS (INCLUDING PARTNERSHIPS/JOINT VENTURES/COLLABORATIONS)
9.5 MERGERS & ACQUISITIONS
9.6 EXPANSIONS
9.7 NEW PRODUCT LAUNCHES
10 COMPANY PROFILES
(Company at a Glance, Business Overview, Product Offerings, Key Strategy, Recent Developments, SWOT Analysis & MNM View
10.1 INTRODUCTION
10.2 AKER SOLUTIONS
10.3 BAKER HUGHES INCORPORATED
10.4 FMC TECHNOLOGIES, INC.
10.5 GENERAL ELECTRIC COMPANY
10.6 ONESUBSEA
10.7 SULZER AG
10.8 SPX CORPORATION
10.9 ITT BORNEMANN
10.10 FLOWSERVE CORPORATION
10.11 LEISTRITZ PUMPEN GMBH
10.12 FRAMO AS
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
11 APPENDIX
11.1 INSIGHTS OF INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
11.4 AVAILABLE CUSTOMIZATIONS
11.5 RELATED REPORTS
Table 1 INCREASING DEEPWATER ACTIVITIES WIL DRIVE SUBSEA PUMPS MARKET
Table 2 STRINGENT REGULATIONS ABOUT SUBSEA DRILLING AND PRODUCTION IS THE MAJOR RESTRAINING FORCE FOR THE GLOBAL MARKET
Table 3 NEW OFFSHORE DISCOVERIES OFFERS HIGH GROWTH OPPORTUNITIES FOR MANUFACTURERS
Table 4 OIL PRICE VOLTALITY IS A CHALLENGE FOR THE MARKET
Table 5 SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013–2020 ($MILLION)
Table 6 HELICO-AXIAL SUBSEA PUMP MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 7 ESP SUBSEA PUMP MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 8 CENTRIFUGAL SUBSEA PUMP MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 9 TWIN SCREW SUBSEA PUMPS MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 10 HYBRID SUBSEA PUMP MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 11 COUNTER-AXIAL SUBSEA PUMPS MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 12 SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013–2020 ($MILLION)
Table 13 SUBSEA BOOSTING APPLICATION MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 14 SUBSEA SEPARATION MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 15 SUBSEA INJECTION MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 16 SUBSEA GAS COMPRESSION MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 17 SUBSEA PUMPS MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 18 SOUTH AMERICA: SUBSEA PUMPS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 19 SOUTH AMERICA: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 20 SOUTH AMERICA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 21 BRAZIL: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 22 BRAZIL: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 23 REST OF SOUTH AMERICA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 24 REST OF SOUTH AMERICA: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 25 EUROPE: SUBSEA PUMPS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 26 EUROPE: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 27 EUROPE: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 28 NORWAY: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 29 NORWAY: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 30 U.K.: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 31 U.K.: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 32 REST OF EUROPE: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 33 REST OF EUROPE: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 34 NORTH AMERICA: SUBSEA PUMPS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 35 NORTH AMERICA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 36 NORTH AMERICA: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 37 U.S.: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 38 U.S.: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 39 CANADA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 40 CANADA: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 41 MEXICO: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 42 MEXICO: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 43 ASIA-PACIFIC: SUBSEA PUMPS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 44 ASIA-PACIFIC: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 45 ASIA-PACIFIC: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 46 CHINA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 47 INDIA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 48 MALAYSIA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 49 INDONESA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 50 AUSTRALIA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 51 REST OF ASIA-PACIFIC: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 52 AFRICA: SUBSEA PUMPS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 53 AFRICA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 54 AFRICA: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 55 ANGOLA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 56 NIGERIA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 57 GHANA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 58 REST OF AFRICA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 59 MIDDLE EAST: SUBSEA PUMPS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 60 MIDDLE EAST: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 61 MIDDLE EAST: SUBSEA PUMPS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 62 SAUDI ARABIA: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 63 UAE: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 64 QATAR: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 65 REST OF MIDDLE EAST: SUBSEA PUMPS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 66 CONTRACTS & AGREEMENTS (INCLUDING PARTNERSHIPS/JOINT VENTURES/COLLABORATIONS), 2012–2015
Table 67 MERGERS & ACQUISITIONS, 2012-2015
Table 68 EXPANSIONS, 2012-2015
Table 69 NEW PRODUCT LAUNCHES, 2012-2015
This report analyzes the subsea pumps market by type of pumps, application, and geography. In terms of geography, the report is segmented into North America, Asia-Pacific, Europe, Latin America, and Africa. Every geographic region is further studied based upon the different applications used in the subsea pumps market. The subsea pump markets included in this report are based on their value ($million). The market has been estimated from a demand perspective. In order to provide a deeper understanding of the competitive landscape, the report profiles 10 companies in the subsea pumps market which combines the original equipment manufacturers (OEMs), system packagers, and operator/end-user companies.
The research study involved the usage of extensive secondary sources, including directories, and databases such as IEA, Oil & Gas Journal, Subsea-IQ, Hoovers, Bloomberg, Business Week, Factiva, One-Source, and others, to identify and collect information that was useful for this extensive technical, market-oriented, and commercial study of the global subsea production and processing systems market. The primary sources are mainly several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, administrators, solution providers, technology developers, alliances, standards and certification organizations from companies, and organizations related to all the segments of this industry’s value chain. All primary sources were interviewed to obtain and verify critical qualitative and quantitative information, as well as to assess the prospects of the future.