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Umbilical Market Share

  • Report ID: GMI3764
  • Published Date: Aug 2022
  • Report Format: PDF
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Umbilical Market Share

Top companies operating in the industry are:

  • TechnipFMC plc
  • Vallourec
  • Oceaneering International Inc
  • Aker Solutions
  • John Wood Group Plc
  • Saipem
  • McDermott
  • Schlumberger Limited
  • NOV Inc
  • Prysmian Group
  • Subsea 7
  • HALLIBURTON
  • Baker Hughes Company Nexans.
     

Some key manufacturers are entering strategic partnerships to expand their business footprint. For instance, in June 2022, Aker Solutions announced a collaboration with Vår Energi to provide subsea production solutions and systems over the next five years. The partnership will encompass all operating assets and initiatives across the NCS (Norwegian Continental Shelf) owned by Vår Energi.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of umbilical crossed over USD 1.4 billion in 2021 and may depict a 23% CAGR through the forecast period.

The European industry is projected to expand owing to increased offshore activities in the North Sea.

The shallow depth segment surpassed more than USD 150 million in 2021 due to growing efforts for the redevelopment of maturing offshore oil fields.

TechnipFMC plc, Vallourec, Oceaneering International, Inc., Aker Solutions, and John Wood Group are some of the key players in the market.

Umbilical Market Scope

  • Umbilical Market Size
  • Umbilical Market Analysis
  • Umbilical Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 14
    • Tables & Figures: 208
    • Countries covered: 21
    • Pages: 165
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