Subsea Pumps Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027
The Subsea Pumps Market is showing significant growth at an annual average of 6%, mainly relying on offshore exploration activities and mature offshore oil fields. The main factors encouraging operators to adopt subsea boosting are the presence of heavy oil, increased distance from the host, increased water depth, reduced reservoir pressure and the number of fields tie-backs to the host. However, due to recent supply and demand gaps, geopolitics and many other factors, the volatile crude oil price scenario is expected to hinder the growth of the investigated market during the forecast period.
Subsea Pumps Market- Segmentation
By Type:
- Centrifugal
- Helico-axial
- Hybrid pump
- Twin screw
- Co-axial
- ESP
By Application
- Subsea boosting
- Subsea separation
- Subsea injection
- Gas compression
Key Companies
- Aker Solutions
- Baker Hughes
- Flowserve Corporation
- FMC Technologies
- General Electric Company
- ITT Bornemann
- OneSubsea
- SPX Corporation
- Sulzer
- Leistritz AG
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Subsea Pumps Market Report
- What was the Subsea Pumps Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Subsea Pumps Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Subsea Pumps Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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