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Subsea Pumps Market worth $2,092.1 Million by 2018


News provided by

MarketsandMarkets

06 May, 2014, 16:00 GMT

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DALLAS, May 6, 2014 /PRNewswire/ --

The report "Subsea Pumps Market by Type (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial), by Application (Subsea Boosting, Subsea Injection, Subsea Separation, Subsea Gas Compression) & by Geography - Global Trends & Forecast to 2018", defines and segments the Subsea Pumps Market with the analysis and forecast of the global revenue.

Browse 63 market data tables with 32 figures spread through 171 pages and in-depth TOC on "Subsea Pumps Market - Global Trends & Forecast to 2018".

http://www.marketsandmarkets.com/Market-Reports/subsea-pumping-systems-market-112518945.html

Early buyers will receive 10% customization on this report.

The Subsea Pumps Market is valued at $996.1 Million in 2013 and is forecasted to grow at a CAGR of 16% from 2013 to 2018 to reach $2,092.1 Million by 2018.

The Subsea Pumps Market is likely to grow reasonably in the coming years. The long-term drivers of the Subsea Pumps Market are well known. The relentless depletion of onshore and shallow-water fields has compelled oil companies to focus on deep-water areas where a combination of floating and subsea systems is used to extract hydrocarbons. In recent years, this trend has been reinforced by operators who favor technological risks over political risks, with oil companies preferring to leverage their technological capabilities in deeper waters rather than engage in places such as Iran and Venezuela that have an unpredictable business environment for investors.

This report breaks the market into smaller product segments. In order to provide a deeper understanding of the competitive landscape, the report profiles 10 companies in the Subsea Pumps Market.

Browse related reports 

Subsea Production & Processing Systems Market by Technology/Components (Subsea Umbilicals, Risers, Flowlines, Trees, Control Modules, Manifolds), Types (Boosting, Injection, Separation, Compression), & Geography - Global Trends & Forecast to 2018

http://www.marketsandmarkets.com/Market-Reports/subsea-production-processing-systems-market-938.html

Offshore Drilling Market by Services (Contract Drilling, Directional Drilling, Logging While Drilling), Applications (Shallow Water, Deepwater, Ultra-Deepwater) and Geography - Global Trends & Forecasts to 2018

http://www.marketsandmarkets.com/Market-Reports/offshore-drilling-market-1207.html

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, Agriculture Industry, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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