Subsea Pumps Market - Global Industry Analysis 2014 - 2020

Information about Subsea Pumps Market - Global Industry Analysis 2014 - 2020

Published on August 4, 2014

Author: rohitbhisey

Source: authorstream.com

Content

PowerPoint Presentation: Transparency Market Research Single User License: USD 4315.5  Flat 10% Discount!!  Free Customization as per your requirement  You will get Custom Report at Syndicated Report price  Report will be delivered with in 15-20 working days Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States PowerPoint Presentation: Subsea Production Systems refers to the wells located on the sea floor. It utilizes a number of equipments to run the exploration and production smoothly. Pumps play a vital role in any fluid handling process. Exploration of the crude oil at sea floor level needs efficient fluid handling devices such as pumps. The design of the pump varies with the working conditions and a number of factors influence the design parameters of a subsea pump such as pressure, temperature and depth of the water (deep or shallow water). Browse Full Report with TOC: Subsea production systems are generally known as a floating production system (FPS) wherein the extraction takes place on the sea floor and further processing or production takes place on the floating production platform. Thus, subsea pumps find a variety of applications in order to transport crude from the seabed to the FPS and to transport drilling fluids to the production site. There are six major types of subsea pumps such as centrifugal pumps, helico-axial pumps, ESP, hybrid pumps and twin-screw pumps. Helico-axial pumps dominated the market followed by ESP. However, the market is expected to witness a significant growth in all other product segments. Further, the application for which these pumps are being used in the subsea production systems are subsea boosting, subsea compression, subsea separation and subsea injection. Latin America dominated the market for subsea pumps in 2013 followed by Europe. These regions are expected to grow significantly in the near future. Other major regional segments of this market are U.S., Asia Pacific and Africa among RoW. One of the major driving factors of this market has been ever-growing energy demand coupled with the onshore oil and gas field maturity. Maturing oil and gas fields are drawing the attention of different companies to explore new offshore field. Technological advancement is taking place continuously creating and widening new opportunities to explore crude from deeper water depths. Subsea pumps are useful to handle the fluids at the seabed level, thus saving human efforts and time. Growing appetite to have enhanced oil and gas production substantiate the possibility of a bright future of the subsea pumps market across the globe. However, factors such as economical crises hold back the market. Issues such as the reliability of subsea units, failure of subsea processing system and the rising intervention vessels cost are some of the major restraints on the subsea pump market. Nevertheless, a number of subsea pump projects have grown at a quick pace surpassing the economic crises in the past. Growing capital expenditure in subsea pumps market shows the potential and development in this market. A number of companies are involved in the research and development of these products; therefore, the market witnesses the launch of new improved and advanced products. The market is solely dependent on the development of subsea REPORT DESCRIPTION PowerPoint Presentation: production systems and exploration of the new offshore fields. Companies dealing in this market face competitive challenges as branding plays a vital part. Aker Solutions, Flowserve Corporation, Baker Hughes Incorporated, FMC Technologies Inc., ITT Bornemann GmbH, Leistritz AG, SPX Corporation, Onesubsea (A Cameron and Schlumberger Company), FUGLESANGS SUBSEA AS, HAYWARD TYLER GROUP PLC. General Electric Company and Sulzer Ltd. are some of the leading manufacturers of subsea pumps. This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include  North America  Asia Pacific  Europe  Rest of the World This report provides comprehensive analysis of  Market growth drivers  Factors limiting market growth  Current market trends  Market structure  Market projections for upcoming years This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Read More Reports on Energy & Mining Market: 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. About Us PowerPoint Presentation: Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Enquiry before Buying @ Latest Upcoming Reports: Follow In Linked In: Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: Website: Browse Market Research Blogs:

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