Transparency Market
This presentation is the property of its rightful owner.
Sponsored Links
1 / 4

Subsea Pumps Market to Gain Momentum from Increasing Utilization of Subsea ... PowerPoint PPT Presentation


  • 22 Views
  • Uploaded on
  • Presentation posted in: Industry

Global Subsea Pumps Market was valued at USD 975.0 million in 2013 and is projected to reach USD 1,539.1 million by 2020, expanding at a CAGR of 7.1% between 2014 and 2020

Download Presentation

Subsea Pumps Market to Gain Momentum from Increasing Utiliza...

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Subsea pumps market to gain momentum from increasing utilization of subsea technologies for oil production

Transparency Market

Research

Subsea Pumps Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020

Published Date

27-Feb-2015

155 Page Report

Request Sample

Buy Now

Press Release

Subsea Pumps Market to Gain Momentum from Increasing

Utilization of Subsea Technologies for Oil Production

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

[email protected]


Subsea pumps market to gain momentum from increasing utilization of subsea technologies for oil production

Subsea Pumps Market

REPORT DESCRIPTION

Subsea Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 -

2020

Transparency Market Research’s (TMR) recent market study on the global subsea pumps market

provides valuable insights into the developments of the market between 2014 and 2020. Subsea

pumping is commonly used for increased oil recovery from subsea oil and gas reservoirs,

especially in low-pressure oil fields. Due to the increased utilization of subsea technologies in

offshore hydrocarbon exploration projects, the subsea pumps market will rise at a healthy 7.10%

CAGR from 2014 to 2020 to reach a valuation of US$1.5bn by the end of the forecast period.

Get Sample Of This Research Report At:

http://www.transparencymarketresearch.com/sample/sample.php?

flag=S&rep_id=2876

The global subsea pumps market was valued at US$0.9bn in 2013.The report is titled “Subsea

Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”

and is available for sale on the company website.

The report points out that the high economic benefits and flawless operational capabilities of

advanced subsea pumps are the major factors behind the rising demand for these products

across the world. The utilization of subsea pumps is aiding in extending the life of existent gas

and brownfield repositories, which, combined with the demand for boosting production of

existent projects, is bolstering growth of the global subsea pumps market.However, fluctuating

prices of oil and gas will hamper the market’s growth to some extent. To counter this, market

players can depend on newly discovered oilfields and a large number of untapped oil and gas

reserves that will drive this market in the years to come.

The report divides the global subsea pumps market on the basis of product type, application, and

region. By product, electrical centrifugal, helicon-axial, submersible pump, and others are the

segments of this market. Of these, it is the helicon-axial product segment that dominated the

overall market in 2013. The product segment enjoyed dominance due to the extensive use of

helicon-axial subsea pumps in boosting oil and gas operations. For the forecast period from 2014

to 2020, the demand for helicon-axial pumps will remain the highest, says the report. In 2013,

electrical submersible pumps held the second largest share in the overall market.

2

Transparency Market Research


Subsea pumps market to gain momentum from increasing utilization of subsea technologies for oil production

Subsea Pumps Market

Application-wise, subsea separation, subsea injection, subsea compression, and subsea boosting

are the segments of the market. Amongst all, subsea boosting accounted for the largest share of

the subsea pumps market in 2013 and will continue to be the dominant segment during the

forecast period. In current times, increasing governmental expenditures for offshore exploration

and production has been the major factor responsible for the high demand for subsea boosting

applications, thereby benefitting the global subsea pumps market.

Browse The Full Research Report At:

http://www.transparencymarketresearch.com/subsea-pumps-market.html

The report divides the global subsea pumps market is divided into the regional segments of

North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. In 2013, Latin

America stood as the largest regional segment due to the development of exploration and

production projects in deepwater pre-salt reservoirs off the coast of Brazil.

The global subsea pumps market is segmented as follows.

Global Subsea Pumps Market: Product Segment

Helico-axial

Electrical Submersible Pump (ESP)

Centrifugal

Others (Twin Screw, Hybrid and Counter-axial)

Global Subsea Pumps Market: Application Segment

Subsea Boosting

Subsea Separation

Subsea Compression

Subsea Injection

3

Transparency Market Research


Subsea pumps market to gain momentum from increasing utilization of subsea technologies for oil production

Subsea Pumps Market

Browse All Energy & Mining Market Research Reports:

http://www.transparencymarketresearch.com/energy-market-reports-3.html

About Us

Transparency Market Research is a market intelligence company providing global business information

reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-

looking insight for thousands of decision makers.

We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use

proprietary data sources and various tools and techniques to gather, and analyze information. Our

business offerings represent the latest and the most reliable information indispensable for businesses to

sustain a competitive edge.

Contact

Transparency Market Research

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: [email protected]

Website: http://www.transparencymarketresearch.com/

Visit Blog : http://depthresearchreport.blogspot.in/

4

Transparency Market Research


  • Login