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Subsea Pumps Market in EMEA 2015-2019

About Subsea Pumps

Subsea pumps are used in oil and gas industry to enhance the oil recovery process and maintain the flow of fluids in subsea production systems. These pumps accelerate the production process and improve flow assurance in subsea oil and gas reservoirs. With the development of subsea infrastructures and a rise in the number of projects, the adoption of these pumps is expected to increase substantially.

Technavio's analysts forecast the subsea pumps market in EMEA to grow at a CAGR of 19.5% over the period 2014-2019.

Covered in this Report

The subsea pumps market in EMEA is segmented into four types: Helico-axial, electrical submersible, centrifugal, and others.

Technavio's report, the Subsea Pumps Market in EMEA 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

  • Aker Solutions
  • Flow Serve
  • FMC Technologies
  • GE Energy
  • OneSubsea
Other Prominent Vendors
  • National Oilwell Varco
  • Oceaneering International
  • Transocean
Market Driver
  • Maturing onshore oil reserves
  • For a full, detailed list, view our report
Market Challenge
  • Increase in price of raw materials
  • For a full, detailed list, view our report
Market Trend
  • Rapid technological advancements
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Subsea Pumps Market in EMEA 2015-2019
Technavio recognizes the following companies as the key players in Subsea Pumps Market in EMEA 2015-2019: Aker Solutions, Flow Serve, FMC Technologies, GE Energy and OneSubsea
Other Prominent Vendors in the market are: National Oilwell Varco, Oceaneering International and Transocean
Commenting on the report, an analyst from Technavio’s team said: “Oil recovery from reservoirs has seen a marked improvement over the years, driven by advances in technology. Market vendors are increasing their investment in R&D, which has enhanced overall production volume and reduced the time and risks associated with processing technologies. Besides, researchers have unlocked potential ways to process oil in harsh temperatures and pressures, advanced booster pumps, improved gas injection for increased recovery, and developed methods to separate oil at the production facility instead of a hub. These factors will improve the ROI for vendors and result in steady market growth during the forecast period.”
According to the report, the North Sea offers huge subsea potential, driven by a growing number of projects and deepwater explorations. This has influenced many international oil and gas operators to increase exploration in Norway and the North Sea.
Further, the report states that Subsea pumps have become more expensive due to the high price of raw materials required for manufacturing, such as steel, aluminum, and castings.

Companies Mentioned

Aker Solutions, Flow Serve, FMC Technologies, GE Energy, OneSubsea, National Oilwell Varco, Oceaneering International, Transocean

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Pump Technologies in Subsea Field
    • Market Size and Forecast
      • Table Subsea Pumps Market in EMEA 2014-2019 ($ million)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Subsea Pumps Market in EMEA by Type 2014
      • Table Subsea Pumps Market in EMEA by Type 2014
    • Subsea Pumps Market in EMEA by Type 2019
      • Table Subsea Pumps Market in EMEA by Type 2019
      • Table Subsea Pumps Market in EMEA by Type 2014-2019
    • Subsea Pumps Market in EMEA by Helico-axial Pumps Segment
      • Market Size and Forecast
        • Table Subsea Pumps Market in EMEA by Helico-axial Pumps Segment 2014-2019 ($ million)
    • Subsea Pumps Market in EMEA by ESP Segment
      • Market Size and Forecast
        • Table Subsea Pumps Market in EMEA by ESP Segment 2014-2019 ($ million)
    • Subsea Pumps Market in EMEA by Centrifugal Pumps Segment
      • Market Size and Forecast
        • Table Subsea Pumps Market in EMEA by Centrifugal Pumps Segment 2014-2019 ($ million)
  • Subsea Projects in EMEA
  • Key Leading Countries
    • Norway
    • UK
    • Angola
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Aker Solutions
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Aker Solutions: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Aker Solutions: Business Segmentation by Revenue 2012 and 2013 ($ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Aker Solutions: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Flowserve
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Flowserve: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Flowserve: Business Segmentation by Revenue 2012 and 2013 ($ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Flowserve: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • FMC Technologies
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table FMC Technologies: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table FMC Technologies: Business Segmentation by Revenue 2012 and 2013 ($ billion)
      • Geographical Segmentation by Revenue 2013
        • Table FMC Technologies: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • GE Energy
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table GE Energy: Business Segmentation
      • Business Strategy
      • Revenue Segmentation by Business
        • Table GE Energy: Revenue Segmentation for FY2013
        • Table GE Energy: Revenue Comparison by Segments for FY2013 and FY2012 (in $ million)
      • Key Developments
      • SWOT Analysis
    • OneSubsea
      • Key Facts
      • Business Overview
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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