Lewes, DE -- (SBWire) -- 05/07/2015 --Report forecast the subsea pumps market in EMEA to grow at a CAGR of 19.5% over the period 2014-2019.
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.
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.
The subsea pumps market in EMEA is segmented into four types: Helico-axial, electrical submersible, centrifugal, and others.
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 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
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?
Spanning over 70 pages, "Subsea Pumps Market in EMEA 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Type, Subsea Projects in EMEA, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
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