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  • Published On : Apr 2022
  • Code : CMI5007
  • Industry : Energy
  • Pages : 60
  • Formats :
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SURF (subsea umbilicals, risers, and flowlines) offers a connection between the subsea production and surface systems. Umbilicals provide a vital link between the subsea production system, processing system, and surface and have no contact with the produced fluids. Flowline transports the unprocessed fluid from the subsea well to the riser, which is then transported from the riser to the surface processing system.

Market Dynamics

High oil prices have enabled investment in deep-water development and technology and marginal projects. However, exploration and development will now be affected due to the collapse in oil price, as operators aim to ensure that low costs and high margins are established in projects before approving them.

Key factors influencing the growth of the Asia Pacific SURF (subsea umbilicals, risers, and flowline) market include high investment by key players in the oil and gas production and exploration. Key players continues to see momentum on projects to develop gas for domestic consumption, and it expects India to launch the next wave of large development projects, including Blocks 98/2 and KG-D6 by ONGC and Reliance, respectively.

Moreover, key players are focusing on various strategies such as collaborations coupled with product portfolio expansion. For instance, in December 2018, Saipem, an Italian multinational oilfield services company, and Petrobel, a subsidiary company of the Egyptian General Petroleum Corporation, negotiated an offshore contract addendum for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the ‘Ramp Up to Plateau’ phase of the Zohr Field Development project situated in the Mediterranean Sea off the Egyptian coast.

Key features of the study:

  • This report provides an in-depth analysis of the Asia Pacific SURF market, market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the Asia Pacific SURF market based on the following parameters – company overview, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Aker Solutions ASA, TechnipFMC plc, Prysmian Group, Vallourec S.A., JDR Cable Systems (Holdings) Ltd., Oceaneering International, Inc., Subsea 7 S.A., Nexans Norway AS, Saipem S.p.A., McDermott International, Inc., DeepOcean Group Holding BV, Ocean Installer AS, Actuant Corporation, and Airborne Oil & Gas B.V.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
  • The Asia Pacific SURF market report caters to various stakeholders in this industry including investors, suppliers, SURF manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Asia Pacific SURF market

Detailed Segmentation:

  • Asia Pacific SURF Market, By Product Type:
    • Subsea Umbilicals
    • Flowlines
    • Risers
  • Asia Pacific SURF Market, By Water Depth:
    • Shallow Water
    • Deep Water
    • Ultra-deep Water
  • Asia Pacific SURF Market, By Country:
    • Asia Pacific
      • By Country
        • India
        • China
        • Malaysia
        • Indonesia
        • Vietnam
        • Thailand
        • Australia
        • Rest of Asia Pacific
  • Company Profiles
    • Aker Solutions ASA*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • TechnipFMC plc
    • Prysmian Group
    • Vallourec S.A.
    • JDR Cable Systems (Holdings) Ltd.
    • Oceaneering International, Inc.
    • Subsea 7 S.A.
    • Nexans Norway AS
    • Saipem S.p.A.
    • McDermott International, Inc.
    • DeepOcean Group Holding BV
    • Ocean Installer AS
    • Actuant Corporation
    • Airborne Oil & Gas B.V.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Water Depth
      • Market Snippet, By Country
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
  4. Asia Pacific SURF Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting Asia Pacific SURF Market – COVID-19
    • Impact Analysis
  5. Asia Pacific SURF Market, By Product Type, 2017- 2028 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2020, 2023, and 2028 (%)
      • Y-o-Y Growth Analysis, 2021 - 2028
      • Segment Trends
    • Subsea Umbilicals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Bn)
    • Flowlines
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Bn)
    • Risers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Bn)
  6. Asia Pacific SURF Market, By Water Depth, 2017- 2028 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2020, 2023, and 2028 (%)
      • Y-o-Y Growth Analysis, 2021 - 2028
      • Segment Trends
    • Shallow Water
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Bn)
    • Deep Water
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Bn)
    • Ultra-deep Water
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Bn)
  7. Asia Pacific SURF Market, By Country, 2017- 2028 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Country, 2020, 2023, and 2028 (%)
      • Y-o-Y Growth Analysis, For Countries, 2021 - 2028
    • Asia Pacific
      • Market Share Analysis, By Country, 2020, 2023, and 2028 (%)
      • Y-o-Y Growth Analysis, By Country, 2021 - 2028
      • Market Size and Forecast, By Product Type, 2021 - 2028 (US$ Bn)
      • Market Size and Forecast, By Water Depth, 2021 - 2028 (US$ Bn)
      • Countries
        • India
        • China
        • Malaysia
        • Indonesia
        • Vietnam
        • Thailand
        • Australia
        • Rest of Asia Pacific
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Aker Solutions ASA
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • TechnipFMC plc
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Prysmian Group
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • Vallourec S.A.
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • JDR Cable Systems (Holdings) Ltd.
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • Oceaneering International, Inc.
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • Subsea 7 S.A.
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • Nexans Norway AS
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • Saipem S.p.A.
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • McDermott International, Inc.
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • DeepOcean Group Holding BV
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • Ocean Installer AS
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • Actuant Corporation
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
      • Airborne Oil & Gas B.V
        • Company Overview
        • Component Portfolio
        • Recent Developments/Updates
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 50 market data tables* and 45 figures* on "SURF Market” – Asia Pacific forecast to 2028.

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