North America oil & gas SURF market was valued at $ 1.60 billion in 2015, and is projected to exhibit a CAGR of over 13%, in value terms, to reach $ 2.92 billion by 2021. Rising subsea field development activities being undertaken in offshore Gulf of Mexico is one of the major factor driving demand for oil & gas subsea umbilicals, risers and flowlines (SURF) equipment in the region. Through the forecast period, oil & gas companies operating in the region are expected to further explore Gulf of Mexico for oil & gas exploration. Offshore field development activities suffered a short-term setback after BP’s oil spill in Gulf of Mexico but is gaining traction. Moreover, to keep a check on the operation, safety rules have been made more stringent for oil & gas exploration and production across the region. Hence, aforementioned factors are anticipated to create huge demand for oil & gas subsea umbilicals, risers and flowlines in North America region during the forecast period.

Years considered for this report:

Historical Years: 2011-2014

Base Year: 2015

Estimated Year: 2016

Forecast Period: 2016–2021

Objective of the Study:

  • Primary objective of the study was to understand and gain insights about North America oil & gas SURF market, on the basis of by component, by application and by country.
  • To categorize and forecast North America oil & gas SURF market by component such as Subsea Umbilicals, Risers, & Flowlines. 
  • To estimate, calculate and forecast market size for North America oil & gas SURF market, in terms of value.
  • To strategically profile the leading SURF equipment manufacturers, distributors and resellers in the market which cater to the North America oil & gas SURF market.

 

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Few of the leading players in North America oil & gas SURF market include McDermott International Inc., Oceaneering International Inc., FMC Technologies Inc., CAMERON INTERNATIONAL CORPORATION, National Oilwell Varco Inc., General Electric Company, Parker Hannifin Corporation, Dril-Quip, Inc.

TechSci Research carried out North America oil & gas SURF market study by considering various aspects of North America oil & gas SURF market. In the beginning of North America oil & gas SURF market study, a brief study was conducted to understand each aspect of market outlook such as drivers, challenges, market trends and various other major factors affecting the market. Moreover, an in-depth analysis was conducted to understand North America oil & gas SURF market scenario and to gauge the competitive scenario. Afterwards, a detailed scrutiny of by component, by application, and by country markets for North America oil & gas SURF market was conducted. In order to extract data for North America oil & gas SURF market, primary research surveys were conducted with key opinion leaders, SURF equipment manufacturers, their raw material suppliers, resellers and channel partners, EPC contractors and sub-contractors to understand historical and present trends.  

Considering the assumptions, TechSci research dedicated team of industry experts has comprehensively monitored and analyzed various aspects of North America oil & gas SURF market. TechSci research team has analyzed various segments and speculated a positive future for North America oil & gas SURF market and subsequent countries. Moreover, various secondary sources were utilized for preparing this report such as directories, company annual reports, financial reports, proprietary databases, among others.


Key Target Audience:

  • Oil & gas SURF equipment manufacturers, their raw material suppliers, resellers and channel partners, EPC contractors and sub-contractors
  • Customers (national oil companies, oil & gas multinationals)
  • Research organizations and consulting companies
  • Associations, organizations, forums and alliances related to Subsea equipment
  • Government bodies such as regulating authorities and policy makers

The study is useful in providing answers to past, current and future adoption of SURF equipment in North America oil & gas SURF market. This study helps in analyzing specific country adoption trend of oil & gas SURF equipment which are useful for industry stakeholders such as SURF equipment manufacturers, their raw material suppliers, resellers and channel partners, EPC contractors and sub-contractors, regulatory bodies, and customers (national oil companies, oil & gas multinationals).

Report Scope:

In this report, the North America oil & gas SURF market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, By Component:
    • Subsea umbilicals
    • Risers
    • Flowlines
  • Market, By Application:
    • Deepwater
    • Shallow Water
    • Ultra-Deepwater
  • Market, By Country:
    • United States
    • Mexico
    • Canada
    • Rest of North America

Competitive Landscape

Competition Benchmarking: Benchmarking of leading players on the basis of product portfolio.

Company Profiles: Detailed analysis of the major companies operating in North America oil & gas SURF market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all major countries.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case of you can’t find what you are looking for then please get in touch with our custom research team at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Analyst View

4.    Global Oil & Gas Subsea Umbilicals, Risers and Flowlines (SURF) Market Outlook

4.1.    Industry Structure & Stakeholders

4.2.    Market Size & Forecast

4.2.1.By Value

5.    North America Oil & Gas SURF Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value

5.2.    Market Share & Forecast

5.2.1.By Component

5.2.2.By Application

5.2.3.By Country

5.2.3.1.   United States Oil & Gas SURF Market Outlook

5.2.3.2.   Mexico Oil & Gas SURF Market Outlook

5.2.3.3.   Canada Oil & Gas SURF Market Outlook

5.2.3.4.   Rest of North America Oil & Gas SURF Market Outlook

6.    Market Dynamics

6.1.    Drivers

6.2.    Challenges

7.    Market Trends & Developments

7.1.    Increasing Partnerships and Joint Ventures

7.2.    Growing Consolidation in Subsea Infrastructure Industry

7.3.    Rising Production from Offshore Fields

7.4.    Revenue Generation through Aftermarket Services

7.5.    Rising Investments in Research & Development

7.6.    Implementation of Stringent Regulations for Offshore E&P Activities

8.    Competitive Landscape

8.1.    Competition Matrix

8.2.    Company Profiles

8.2.1.McDermott International, Inc.

8.2.2.Oceaneering International, Inc.

8.2.3.FMC Technologies Inc.

8.2.4.CAMERON INTERNATIONAL CORPORATION

8.2.5.National Oilwell Varco, Inc.

8.2.6.General Electric Company

8.2.7.Parker Hannifin Corporation

8.2.8.Dril-Quip, Inc.

 

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
  • List of Figures

    Figure 1: Industry Structure & Stakeholders of Global Oil & Gas SURF Market

    Figure 2: Global Oil & Gas SURF Market Size, By Value, 2011–2021F (USD Billion)

    Figure 3: North America Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

    Figure 4: North America Offshore Average Rig Count, 2012 – 2016E

    Figure 5: North America Oil & Gas SURF Market Share, By Component, By Value, 2015 & 2021F

    Figure 6: North America Oil & Gas SURF Market Share, By Application, By Value, 2015 & 2021F

    Figure 7: North America Oil & Gas SURF Market Share, By Country, By Value, 2015 & 2021F

    Figure 8: United States Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

    Figure 9: Mexico Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

    Figure 10: Canada Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

    Figure 11: Rest of North America Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

     

    List of Tables

    Table 1: Global Major Offshore EPC Contracts Awarded, 2014-2016

    Table 2: North America Major SURF Contracts Awarded, 2015-2016

    Table 3: List of Major Partnerships and Joint Ventures in Subsea Infrastructure Industry, 2012-2016

    Table 4: List of Major Mergers & Acquisitions in Subsea Infrastructure Industry, 2011-2016