Global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market Insights, Forecast to 2025

Subsea Umbilicals, Risers & Flowlines (SURF) refer to the cable those used in the operation of subsea oil or gas plant.

An umbilical, or umbilical cable, is a static or dynamic cable that is the vital link between subsea production and processing systems and the surface, as well as between elements within the larger subsea system via flying leads. Umbilicals are composite cables that have the ability to carry out a large range of processes. Flowlines transport unprocessed fluids from the subsea well to the riser. The riser then transports the fluids to the surface processing system.
Globally, the Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) industry market is concentrated as the manufacturing technology of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) is quite high and held by a few of enterprises. The Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market was worth $ 5363 million in 2015 and is expected to reach $ 6393 million in 2021. In the next five years, the global consumption of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) will maintain an average 6% annual growth rate.
According to our research and analysis, the leading five companies in the market occupies about 65% of the production value shares. Major manufacturers in the market are Aker Solutions, Technip, FMC Technologies, Prysmian Group and Vallourec.
The Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market was valued at 5180 Million US$ in 2018 and is projected to reach 7010 Million US$ by 2025, at a CAGR of 3.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF).

This report presents the worldwide Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Aker Solutions
Technip
FMC Technologies
Prysmian Group
Vallourec
Nexans
JDR
Oceaneering

Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Breakdown Data by Type
Umbilicals
Risers and Flowlines
Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Breakdown Data by Application
Shallow Water Oil & Gas Fields
Deepwater Oil & Gas Fields
Ultra Deepwater Oil & Gas Fields

Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Production by Region
United States
Europe
China
Japan
Other Regions

Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (Km). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.