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North America Subsea Umbilicals, Risers and Flowlines (SURF) Market Share

  • Report ID: GMI11415
  • Published Date: Sep 2024
  • Report Format: PDF
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North America Subsea Umbilicals, Risers and Flowlines Market Share

North America Subsea Umbilicals, Risers and Flowlines Market Share, 2023
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Key players in the subsea umbilicals, risers, and flowlines industrys are prioritizing robust partnerships and collaborations for new projects, introducing advanced technologies to expand their market presence. Major industry participants are actively engaging in mergers and acquisitions, and expanding their manufacturing facilities, further significantly influence industry dynamics in the coming years.
 

North America Subsea Umbilicals, Risers and Flowlines Market Companies

Major manufacturers operating across the industry consists of:

  • ArcelorMittal Downstream Solutions
  • Aker Solutions
  • Bartell Machinery
  • Baker Hughes Company
  • Dril-Quip, Inc.
  • Halliburton
  • John Wood Group PLC
  • JDR Cable Systems Ltd.
  • Oil States Industries, Inc.
  • Oceaneering International, Inc.
  • SAIPEM SpA
  • Syensqo
  • SUBSEA7
  • Tenaris
  • TechnipFMC plc
  • VALLOUREC
Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size for subsea umbilicals, risers, and flowlines (SURF) in North America reached USD 644.4 million in 2023 and will register an 8.3% CAGR from 2024 to 2032, led by increased investments in hydrocarbon exploration and the rising installation of floating rigs.

Deep depth segment is anticipated to grow over USD 700 million by 2032, catapulted by active oil fields, robust natural gas and oil production, and escalating investments in deep and ultra-deep hydrocarbon fields.

The U.S. market is set to grow over USD 920 million by 2032, thrusted by rising investments in tapping into new crude oil discoveries, and a growing emphasis on energy conservation.

Bartell Machinery, Baker Hughes Company, Dril-Quip, Inc., Halliburton, John Wood Group PLC, and JDR Cable Systems Ltd., among others.

North America Subsea Umbilicals, Risers and Flowlines Market Scope

  • North America Subsea Umbilicals, Risers and Flowlines Market Size
  • North America Subsea Umbilicals, Risers and Flowlines Market Trends
  • North America Subsea Umbilicals, Risers and Flowlines Market Analysis
  • North America Subsea Umbilicals, Risers and Flowlines Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 16
    • Tables & Figures: 12
    • Countries covered: 3
    • Pages: 70
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