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Subsea Pumps Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Subsea Pumps Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The report on global subsea pumps market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global subsea pumps market to grow with a CAGR of 5.6% over the forecast period of 2018-2024. The study on subsea pumps market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Increasing energy demand has resulted in high offshore production investment along with maturing onshore oilfields, which in turn, are the major factors driving the growth of the subsea pumps market. In addition, a decline of shallow and onshore gas reserves are forcing the companies to increase their focus on deep-water reserves thus enhancing the market growth. Owing to the handling of produced water in proximity to the production site, the operation cost and time are reduced this in turn, is anticipated to boost the growth of the subsea pumps market. On the other hand, strict government laws on oil explorations hinder the growth of the market. Furthermore, the growing requirement of fuel the production of the already present brownfield oil and gas projects are positively influencing the growth of the market. On the other hand, offshore Greenfield will also contribute; it’s positively influence for the market development. Moreover, the developments in subsea technologies ensure top abilities and huge economic benefits, thus the oil and gas reserves and the newly discovered oilfields are gaining several opportunities for the key players in the subsea pumps market over the years to come.
Among the geographies, Americas dominated the subsea pumps market. Moreover, Latin America is anticipated to witness the largest share owing to the significant development observed in subsea exploration and production activities and due to increasing offshore exploration along the Gulf of Mexico. Hence, this region is anticipated to remain the dominant region over the forecast period. Moreover, increasing oil production in Eastern Europe particularly in Russia is expected to drive the European market. In order to meet this energy demand, the exploration & production activity, including offshore is expected to increase in China, which in turn is expected to drive the market for subsea pumps in the Asia Pacific regions.
The report on subsea pumps market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global subsea pumps market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global subsea pumps market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global subsea pumps market is segmented on the basis of application and type.

Global Subsea Pumps Market by Application
Subsea Boosting
Subsea Separation
Subsea Injection
Subsea Gas Compression
Global Subsea Pumps Market by Type
Helico-axial
Centrifugal
Twin Screw
Hybrid
Counter-axial
Others

Company Profiles
Aker Solutions ASA
Baker Hughes A GE Co
Halliburton Company
Schlumberger Limited
Weatherford International PLC
National-Oilwell Varco Inc.
Oceaneering International
TechnipFMC PLC
Kerui Group Co. Ltd
Rongsheng Machinery Manufacture Ltd

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of subsea pumps market.
2. Complete coverage of all the segments in subsea pumps market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global subsea pumps market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on subsea pumps market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global subsea pumps market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Subsea Pumps Market Highlights
2.2. Subsea Pumps Market Projection
2.3. Subsea Pumps Market Regional Highlights
3. Global Subsea Pumps Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Application
3.4.2. IGR-Growth Matrix Analysis by Type
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value chain subsea pumps market
3.6. Import-Export data matrix
4. Subsea Pumps Market Macro Indicator Analysis
5. Global Subsea Pumps Market by Application
5.1. Subsea Boosting
5.2. Subsea Separation
5.3. Subsea Injection
5.4. Subsea Gas Compression
6. Global Subsea Pumps Market by Type
6.1. Helico-axial
6.2. Centrifugal
6.3. Twin Screw
6.4. Hybrid
6.5. Counter-axial
6.6. Others
7. Global Subsea Pumps Market by Region 2018-2024
7.1. North America
7.1.1. North America Subsea Pumps Market by Application
7.1.2. North America Subsea Pumps Market by Type
7.1.3. North America Subsea Pumps Market by Country
7.2. Europe
7.2.1. Europe Subsea Pumps Market by Application
7.2.2. Europe Subsea Pumps Market by Type
7.2.3. Europe Subsea Pumps Market by Country
7.3. Asia-Pacific
7.3.1. Asia-Pacific Subsea Pumps Market by Application
7.3.2. Asia-Pacific Subsea Pumps Market by Type
7.3.3. Asia-Pacific Subsea Pumps Market by Country
7.4. RoW
7.4.1. RoW Subsea Pumps Market by Application
7.4.2. RoW Subsea Pumps Market by Type
7.4.3. RoW Subsea Pumps Market by Sub-region
8. Company Profiles and Competitive Landscape
8.1. Competitive Landscape in the Global Subsea Pumps Market
8.2. Companies Profiles
8.2.1. Aker Solutions Asa
8.2.1.1. Overview
8.2.1.2. Company Snapshot
8.2.1.3. Financial Snapshot
8.2.1.4. Product portfolio
8.2.1.5. Recent developments
8.2.2. Baker Hughes A Ge Co
8.2.2.1. Overview
8.2.2.2. Company Snapshot
8.2.2.3. Financial Snapshot
8.2.2.4. Product portfolio
8.2.2.5. Recent developments
8.2.3. Halliburton Company
8.2.3.1. Overview
8.2.3.2. Company Snapshot
8.2.3.3. Financial Snapshot
8.2.3.4. Product portfolio
8.2.3.5. Recent developments
8.2.4. Schlumberger Limited
8.2.4.1. Overview
8.2.4.2. Company Snapshot
8.2.4.3. Financial Snapshot
8.2.4.4. Product portfolio
8.2.4.5. Recent developments
8.2.5.weatherford International Plc
8.2.5.1. Overview
8.2.5.2. Company Snapshot
8.2.5.3. Financial Snapshot
8.2.5.4. Product portfolio
8.2.5.5. Recent developments
8.2.6. National-oilwell Varco Inc.
8.2.6.1. Overview
8.2.6.2. Company Snapshot
8.2.6.3. Financial Snapshot
8.2.6.4. Product portfolio
8.2.6.5. Recent developments
8.2.7. Oceaneering International
8.2.7.1. Overview
8.2.7.2. Company Snapshot
8.2.7.3. Financial Snapshot
8.2.7.4. Product portfolio
8.2.7.5. Recent developments
8.2.8. Technipfmc Plc
8.2.8.1. Overview
8.2.8.2. Company Snapshot
8.2.8.3. Financial Snapshot
8.2.8.4. Product portfolio
8.2.8.5. Recent developments
8.2.9. Kerui Group Co. Ltd
8.2.9.1. Overview
8.2.9.2. Company Snapshot
8.2.9.3. Financial Snapshot
8.2.9.4. Product portfolio
8.2.9.5. Recent developments
8.2.10. Rongsheng Machinery Manufacture Ltd
8.2.10.1. Overview
8.2.10.2. Company Snapshot
8.2.10.3. Financial Snapshot
8.2.10.4. Product portfolio
8.2.10.5. Recent developments
9. Appendix
9.1. Primary research findings and questionnaire

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