Dallas, TX -- (ReleaseWire) -- 06/16/2014 -- 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 62 market data tables and 33 figures spread through 171 pages and in-depth TOC on "Subsea Pumps Market - Global Trends & Forecast to 2018 "
Early buyers will receive 10% customization on this report. You can buy this report@ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=112518945
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 are 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.
Do Inquiry Before Buying@
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.
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.
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
Subsea Well Access and BOP System Market by Type [Well Access System Type (Riserbased WAS and Riserless WAS) and BOP Type (Annular BOP and RAM Type BOP)] and Geography - Global Trends & Forecasts to 2019
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. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets