Offshore Pipeline Market Insights by Emerging Trends, Product Type, Top Key Players, Future Growth Till 2023


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Shibuya Data Count

Jun 10, 2021, 10:52 EST


Shibuya-ku, Tokyo, Japan, Japan, Jun 10, 2021, 10:52 /Comserve / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.

“Increasing demand for safe, economical, and reliable connectivity expected to drive the overall offshore pipeline market.” The offshore pipeline market is expected to grow from USD 11.5 billion in 2018 to USD 15.8 billion by 2023, at a CAGR of 6.54%, from 2018 to 2023. The offshore pipeline market is driven by various factors, such as increasing demand for crude oil & natural gas. However, growing demand for refined products can hinder the growth of the offshore pipeline market.

The major players in the global offshore pipeline market, are Saipem (Italy), Subsea 7 (UK), McDermott (US), Sapura (Malaysia), Wood Group (UK), Technip (UK), Fugro (Netherlands), Atteris (Australia), Penspen (UK), Petrofac (UK), and Senaat (UAE)

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106442

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Greater than 24” segment is expected to be the fastest growing during the forecast period
The greater than 24” segment is the fastest growing segment in the offshore pipeline market. The European region is expected to have planned projects for the offshore pipeline with the addition of approximately 2,200 km by 2020. Major contractors include Saipem, National Petroleum Construction Company (NPCC), and McDermott International.

Transport line segment is expected to grow at the highest CAGR in the offshore pipeline market during the forecast period
The transport line segment is the highest growing segment in the offshore pipeline market. The transport line segment is expected to dominate the market with approximately 25,000 km addition of offshore pipeline during the forecast period. The major contractors for offshore pipeline market include companies such as National Petroleum Construction Company, Technip, Saipem, and Europipe.

Europe is expected to record the highest growth rate during the forecast period
Europe is expected to be the largest market during the forecast period. The region is expected to have around 12,500 km of offshore pipelines addition in the upcoming years. The region is expected to increase its 70% demand in the next 15 years. Moreover, the region has offshore pipeline addition for around 12,500km during the forecast period. Countries such as Russia, Georgia, and Ukarine are likely to drive the growth of the offshore pipeline market during the forecast period.

In-depth interviews have been conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the offshore pipeline market.

  • By Company Type: Tier 1–60%, Tier 2–25%, and Tier 3–15%
  • By Designation: C-Level- 40%, D-Level- 35%, and Others- 25%
  • By Region: Asia Pacific- 40%, Americas- 21%, Europe- 15%, Middle East - 13%, and Africa- 11%

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Research Coverage:
The market study covers the offshore pipeline market across different segments. It aims at estimating the market size and the growth potential of the market, across different segments, such as products, line type, diameter, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the offshore pipeline market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 MARKETS COVERED 17
1.3.2 REGIONAL SCOPE 17
1.3.3 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY 18
1.5 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH METHODOLOGY SCOPE 19
2.2 MARKET SIZE ESTIMATION 20
2.2.1 IDEAL DEMAND-SIDE ANALYSIS 20
2.2.1.1 Assumptions 21
2.2.1.2 Calculation 21
2.2.2 SUPPLY-SIDE ANALYSIS 21
2.2.2.1 Assumptions 21
2.2.2.2 Calculation 22
2.2.3 FORECAST 22
2.3 STATISTICS 23
2.3.1 GLOBAL OFFSHORE PIPELINE ADDITIONS, 2018-2023 (IN KILOMETERS) 23
2.4 SOME OF THE INSIGHTS OF INDUSTRY EXPERTS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE OPPORTUNITIES IN THE OFFSHORE PIPELINE MARKET 29
4.2 EUROPE OFFSHORE PIPELINE MARKET, BY DIAMETER & COUNTRY 30
4.3 OFFSHORE PIPELINE MARKET, BY LINE TYPE 30
4.4 OFFSHORE PIPELINE MARKET, BY DIAMETER 31
4.5 OFFSHORE PIPELINE MARKET, BY PRODUCT 31
5 MARKET OVERVIEW 32
5.1 INTRODUCTION 32
5.2 MARKET DYNAMICS 32
5.2.1 DRIVERS 33
5.2.1.1 Increasing demand for crude oil & natural gas, especially from the Asia Pacific region 33
5.2.1.2 Increasing demand for safe, economical, and reliable connectivity 34
5.2.2 RESTRAINTS 35
5.2.2.1 Constraints of cross border pipeline transportation 35
5.2.3 OPPORTUNITIES 35
5.2.3.1 Offshore/ultra-deepwater discoveries 35
5.2.3.2 Growing demand for refined products 35
5.2.4 CHALLENGES 36

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106442

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

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