Global Subsea Production and Processing Market 2020-2024

Global Subsea Production And Processing Market 2020-2024

Technavio has been monitoring the global subsea production and processing market and it is poised to grow by USD 6.73 bn during 2020-2024, progressing at a CAGR of 6% during the forecast period. Our reports on global subsea production and processing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in deepwater and ultra-deepwater e&p activities.In addition, advances in subsea processing is anticipated to boost the growth of the global subsea production and processing market as well.

Market Segmentation

Technavio's global subsea production and processing market is segmented as below:

Application:

  • Shallow Water
  • Deepwater
  • Ultra-deepwater
Geographic Segmentation:
  • North America
  • APAC
  • Europe
  • South America
  • MEA
Key Trends for global subsea production and processing market growth

This study identifies advances in subsea processing as the prime reasons driving the global subsea production and processing market growth during the next few years.

Prominent vendors in global subsea production and processing market

We provide a detailed analysis of around 25 vendors operating in the global subsea production and processing market, including some of the vendors such as Aker Solutions ASA, Baker Hughes Co., Dril-Quip Inc., Hunting Plc, National Oilwell Varco Inc., Oceaneering International Inc., Saipem Spa, Schlumberger Ltd., TechnipFMC Plc and Worldwide Oilfield Machine Inc. .

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

About Technavio

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global oilfield equipment and services market
      • Table Segments of global oilfield equipment and services market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Vendor - Key offerings
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ billions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by application
    • Table Application - Market share 2019-2024 (%)
    • Comparison by application
      • Table Comparison by application
    • Shallow water - Market size and forecast 2019-2024
      • Table Shallow water - Market size and forecast 2019-2024 ($ billions)
      • Table Shallow water - Year-over-year growth 2020-2024 (%)
    • Deepwater - Market size and forecast 2019-2024
      • Table Deepwater - Market size and forecast 2019-2024 ($ billions)
      • Table Deepwater - Year-over-year growth 2020-2024 (%)
    • Ultra-deepwater - Market size and forecast 2019-2024
      • Table Ultra-deepwater - Market size and forecast 2019-2024 ($ billions)
      • Table Ultra-deepwater - Year-over-year growth 2020-2024 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ billions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ billions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Advances in subsea processing
    • Declining costs of offshore drilling projects
    • Growing adoption of renewable energy
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Aker Solutions ASA
      • Table Aker Solutions ASA - Vendor overview
      • Table Aker Solutions ASA - Business segments
      • Table Aker Solutions ASA - Organizational developments
      • Table Aker Solutions ASA - Geographic focus
      • Table Aker Solutions ASA - Segment focus
      • Table Aker Solutions ASA - Key offerings
    • Baker Hughes Co.
      • Table Baker Hughes Co. - Vendor overview
      • Table Baker Hughes Co. - Product segments
      • Table Baker Hughes Co. - Organizational developments
      • Table Baker Hughes Co. - Geographic focus
      • Table Baker Hughes Co. - Segment focus
      • Table Baker Hughes Co. - Key offerings
    • Dril-Quip Inc.
      • Table Dril-Quip Inc. - Vendor overview
      • Table Dril-Quip Inc. - Business segments
      • Table Dril-Quip Inc. - Organizational developments
      • Table Dril-Quip Inc. - Segment focus
      • Table Dril-Quip Inc. - Key offerings
    • Hunting Plc
      • Table Hunting Plc - Vendor overview
      • Table Hunting Plc - Product segments
      • Table Hunting Plc - Organizational developments
      • Table Hunting Plc - Segment focus
      • Table Hunting Plc - Key offerings
    • National Oilwell Varco Inc.
      • Table National Oilwell Varco Inc. - Vendor overview
      • Table National Oilwell Varco Inc. - Business segments
      • Table National Oilwell Varco Inc. - Organizational developments
      • Table National Oilwell Varco Inc. - Geographic focus
      • Table National Oilwell Varco Inc. - Segment focus
      • Table National Oilwell Varco Inc. - Key offerings
    • Oceaneering International Inc.
      • Table Oceaneering International Inc. - Vendor overview
      • Table Oceaneering International Inc. - Business segments
      • Table Oceaneering International Inc. - Organizational developments
      • Table Oceaneering International Inc. - Geographic focus
      • Table Oceaneering International Inc. - Segment focus
      • Table Oceaneering International Inc. - Key offerings
    • Saipem Spa
      • Table Saipem Spa - Vendor overview
      • Table Saipem Spa - Business segments
      • Table Saipem Spa - Organizational developments
      • Table Saipem Spa - Geographic focus
      • Table Saipem Spa - Segment focus
      • Table Saipem Spa - Key offerings
    • Schlumberger Ltd.
      • Table Schlumberger Ltd. - Vendor overview
      • Table Schlumberger Ltd. - Business segments
      • Table Schlumberger Ltd. - Organizational developments
      • Table Schlumberger Ltd. - Geographic focus
      • Table Schlumberger Ltd. - Segment focus
      • Table Schlumberger Ltd. - Key offerings
    • TechnipFMC Plc
      • Table TechnipFMC Plc - Vendor overview
      • Table TechnipFMC Plc - Business segments
      • Table TechnipFMC Plc - Organizational developments
      • Table TechnipFMC Plc - Geographic focus
      • Table TechnipFMC Plc - Segment focus
      • Table TechnipFMC Plc - Key offerings
    • Worldwide Oilfield Machine Inc.
      • Table Worldwide Oilfield Machine Inc. - Vendor overview
      • Table Worldwide Oilfield Machine Inc. - Product segments
      • Table Worldwide Oilfield Machine Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook