Research and Markets: Global Subsea Pumps (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial) Market Report 2014-2018: Boosting, Injection, Separation & Gas Compression
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/pf95hb/subsea_pumps) has announced the addition of the "Global Subsea Pumps (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial) Market Report 2014-2018: Boosting, Injection, Separation & Gas Compression" report to their offering.
“Global Subsea Pumps (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial) Market Report 2014-2018: Boosting, Injection, Separation & Gas Compression”
The growing demand of energy with the increasing investments in offshore exploration and production activities is expected to drive the global subsea pumps market. It is estimated to reach $2,092.1 million by 2018 with a CAGR of around 16% from 2013 to 2018. The latest exploration and highly advanced technology required in Latin America and European regions is expected to experience the highest revenue growth during the next 5 years. Europe & the U.S. have the highest CAGR of about 32.4% & 7.8%, respectively, from 2013 to 2018.
The continuous advancement of technology creates new opportunities to reach deeper water depths. Subsea pumps handle the produced fluids at the seabed itself, thereby saving time and human efforts. The continuous appetite of wanting to enhance oil and gas production ensures a bright future for the subsea pumps globally. The need to satisfy the rising energy demand and maturity of onshore oil and gas fields is expected to enhance the growth prospects of the market. The lucrative and high-investment areas such as Latin America, Europe, and U.S. are the key driving factors for the exponential growth of the subsea pumping systems market.
Top players in the subsea pumping systems market include Aker Solutions (Norway), Flow Serve (U.S.), OneSubsea (U.S.), FMC Technologies Inc. (U.S.), Baker Hughes (U.S.), and GE Oil and Gas (U.S.). These companies represent the largest share of the subsea pumps market globally.
The companies from the global subsea pumps market are expanding into emerging markets like Latin America, Asia Pacific Europe, U.S. Technological advancement and innovative new pumping system technologies are some of the crucial strategies that are helping companies maximize their revenues.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Industry Analysis
6 Global Subsea Pumping Systems: Market Analysis
7 Subsea Pumps Market, By Type
8 Subsea Pumps Market, By Application
9 Subsea Pumps Market, By Geography
10 Competitive Landscape
11 Company Profiles
- Aker Solutions
- Baker Hughes
- Fmc Technologies Inc.
- GE Oil & Gas
- ITT Bornemann
- Leistritz Ag
- SPX Corporation
- Sulzer Ltd
For more information visit http://www.researchandmarkets.com/research/pf95hb/subsea_pumps