customer service software

Global Subsea Control Systems Market

  • Published Date: 26 May 2018
  • Number of Pages: 212
  • Category: Industrial
  • Country: Global
Subsea control systems are essential for installation and performance monitoring of subsea equipment to ensure high productivity and to enable risk mitigation strategies. Subsea control systems are required to establish effective network connectivity among various components of subsea production system used for the process of extracting oil from the well to transmitting the extracted oil to the fixed platform or FPSO. The subsea control systems are essential in extracting oil from deep sea and ultra-deep sea reservoirs.

End User/ Technology

Subsea control systems are used to extract oil and gas from offshore reserves. The oil extraction can range from single well to a cluster of interconnected wells. The extracted oil is then transferred to a fixed platform or FPSO. This whole process happens under water and needs surveillance systems to monitor each and every step to ensure proper connectivity which will lead to high production yield. Modern data-driven technology is used for virtual testing of underwater equipment performance.

Market Dynamics

Rising energy demand and depleting onshore oil reserves are driving the need for offshore oil extraction. The continuous technological development is helping to reduce the extraction cost and to enhance the oil recovery process. Favourable regulatory norms and massive investment from industrial giants are ensuring the growth of the requirement of subsea control systems equipment. On the other hand, hard operating condition, costlier equipment and strict environmental regulations are the main challenges for the industry.

Market Segments

The subsea control systems market can be segmented based on types (underwater subsea control systems, topside subsea control systems), application (processing subsea control systems, production subsea control systems, and other subsea control systems) and components (umbilical termination assembly, sensor, master control system, and others).

Regional/Geographic Analysis

The subsea systems market can be regionally segmented into five parts Europe (France, Germany, Italy, Spain, and U.K.) North America (US, Canada, Mexico), South America (i.e Brazil, Argentina), Asia Pacific (China, Japan, India and Australia) and Middle East & Africa. Europe is the current market leader followed by the Middle East and Africa and South America. The growth in the European market is due to large offshore reserves in Norway and U.K. Technological advancement, massive capital investment, favorable govt. policies and increasing demand ensure the growth in European countries. The Asia Pacific is estimated to experience the fastest growth rate in upcoming five years.


Continous demand for petrochemical products in industries like energy, plastic, painting & coating, transportation and textiles, depletion of onshore oil reserves, exploration of offshore oil reserves, technological advancement and favorable Govt. support for offshore oil extraction are creating lots of opportunities in the subsea control systems market. Increasing capital expenditures in the countries like India, China, Nigeria, Ghana, and Angola explains promising market growth opportunities in near future. Rising focus on exploration of deepwater oil reserves in developing countries like India, Australia, and Malaysia is fueling the market growth

Key Players

Some of the major players in the market include Drill-Quip Inc., Aker Solutions, GE Oil & Gas, FMC Technologies Inc., Halliburton, OneSubsea, and Weatherford International Ltd.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

The South America LED Downlight market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million USD by

View Report

The South America LED Panel Light market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million USD

View Report

The South America LED Tunel Light market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million USD

View Report
There is no reviews available for this report

Select License Type

Delivery Details

Delivery Details : Electronic files (PDF) of market research reports will dispatched within 12 to 24 hours. (Mon-Fri IST)

Customized Report

If a particular report is not as per your requirement you can ‎choose "Customized Report". To visit click on -

Custom Research Reports