DUBLIN--(BUSINESS WIRE)--The "Subsea Well Access System - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Subsea Well Access System market worldwide is projected to grow by US$1.2 Billion, driven by a compounded growth of 4.9%
Rig-Base, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.
Poised to reach over US$2.6 Billion by the year 2025, Rig-Base will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$58.8 Million to the region's size and clout in the next 5 to 6 years. Over US$53.8 Million worth of projected demand in the region will come from Rest of Europe markets.
In Japan, Rig-Base will reach a market size of US$200.2 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.6% over the next couple of years and add approximately US$195.6 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Aker Solutions ASA
- Baker Hughes, Inc.
- Drilling Services Limited
- Dril-Quip, Inc.
- GE Oil & Gas
- Halliburton
- National Oilwell Varco, Inc.
- Oceaneering International, Inc.
- Parker Hannifin Corporation
- Riverstone Holdings, LLC
- Schlumberger Ltd.
- TechnipFMC PLC
- Weatherford International Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/rv6oxx
