World Subsea Vessel Operations Market Forecast to Grow at a 5.2% CAGR
Subsea Vessel Operations market report covers Subsea Vessel Operations analysis, size with a focus on trends, developments, mergers and acquisitions, market share analysis, Subsea Vessel Operations companies both manufacturers and end users, product launc
(EMAILWIRE.COM, May 04, 2018 ) About the market report:
With eventual recovery at the end of the forecast period, subsea vessel day demand is set to grow at a 5.2% CAGR over the next five years. Global subsea vessel operations expenditure is expected to increase by 29% when compared to the preceding five-year period, totaling $97.7 billion (bn) from 2016 to 2020.
Africa, Latin America, and North America are expected to account for 47.5% of global expenditure between 2016 and 2020.Asia will be the single largest market with anticipated 18.7% of expenditure over the next five years, largely driven by shallow water inspection repair & maintenance (IRM) and pipelay-related activities.
Australasia has the fastest growth rate of all of the regions at a 46.8% CAGR due to massive offshore gas field developments required to support its ambitious LNG export commitments. Activity in the Middle East will represent 9% of the total global subsea vessel expenditure.
To access the full table of contents of the report click below: <||>rnhttps://www.marketintelreports.com/report/9781910045244/world-subsea-vessel-operations-market-forecast-20162020
Field development (36%) and IRM (40%) will remain the principal drivers of global subsea vessel demand and expenditure. As production in shallow water basins declines, activities in deeper water are set to increase as deepwater development becomes inevitable. However, operators will continue to invest in the optimisation of existing shallow water fields.
The report is essential for financial institutions, vessel owners, equipment manufacturers, offshore engineering, construction, operations & maintenance companies and contractors, E&P operators, oil & gas companies and government agencies & departments wanting to make more informed investment decisions.
There are 6 Chapters to deeply display the World Subsea Vessel Operations Market.
To find out more about the report or request some customization: <||>rnhttps://www.marketintelreports.com/inquiry-before-buying.php?id=9781910045244
Table of Contents-Key Points Covered
1 Summary and Conclusions
Summary
Conclusions
2 Drivers and Indicators
Population & GDP Growth Drive Energy Demand
Evolution of Offshore E&P Industry
Subsea Focus Areas
Oil Supply & Demand
Oil Price Volatility
Natural Gas
Oil & Gas Challenges
.
5 The Subsea Vessel Market Forecast
Model Summary
Global Market by Region
Global Market by Sector
Africa Market Overview & Drivers
Africa Vessel Day Demand & Expenditure
Asia Market Overview & Drivers
Asia Vessel Day Demand & Expenditure
Australasia Market Overview & Drivers
Australasia Vessel Day Demand & Expenditure
Eastern Europe & FSU Market Overview & Drivers
Eastern Europe & FSU Vessel Day Demand & Expenditure
Latin America Market Overview & Drivers
Latin America Vessel Day Demand & Expenditure
Middle East Market Overview & Drivers
Middle East Vessel Day Demand & Expenditure
North America Market Overview & Drivers
North America Vessel Day Demand & Expenditure
Norway Market Overview & Drivers
Norway Vessel Day Demand & Expenditure
UK Market Overview & Drivers
UK Vessel Day Demand & Expenditure
RoWE Market Overview & Drivers
RoWE Vessel Day Demand & Expenditure
6 Appendix
Data and Text Conventions
Continued ..
Complete Report Details @ https://www.marketintelreports.com/report/9781910045244/world-subsea-vessel-operations-market-forecast-20162020
About us:
MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.
MarketIntelReports currently has more than 2.5 million titles and 200 publishers on our platform and are growing consistently to fill the World Intelligence Demand Supply Gap. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.
With eventual recovery at the end of the forecast period, subsea vessel day demand is set to grow at a 5.2% CAGR over the next five years. Global subsea vessel operations expenditure is expected to increase by 29% when compared to the preceding five-year period, totaling $97.7 billion (bn) from 2016 to 2020.
Africa, Latin America, and North America are expected to account for 47.5% of global expenditure between 2016 and 2020.Asia will be the single largest market with anticipated 18.7% of expenditure over the next five years, largely driven by shallow water inspection repair & maintenance (IRM) and pipelay-related activities.
Australasia has the fastest growth rate of all of the regions at a 46.8% CAGR due to massive offshore gas field developments required to support its ambitious LNG export commitments. Activity in the Middle East will represent 9% of the total global subsea vessel expenditure.
To access the full table of contents of the report click below: <||>rnhttps://www.marketintelreports.com/report/9781910045244/world-subsea-vessel-operations-market-forecast-20162020
Field development (36%) and IRM (40%) will remain the principal drivers of global subsea vessel demand and expenditure. As production in shallow water basins declines, activities in deeper water are set to increase as deepwater development becomes inevitable. However, operators will continue to invest in the optimisation of existing shallow water fields.
The report is essential for financial institutions, vessel owners, equipment manufacturers, offshore engineering, construction, operations & maintenance companies and contractors, E&P operators, oil & gas companies and government agencies & departments wanting to make more informed investment decisions.
There are 6 Chapters to deeply display the World Subsea Vessel Operations Market.
To find out more about the report or request some customization: <||>rnhttps://www.marketintelreports.com/inquiry-before-buying.php?id=9781910045244
Table of Contents-Key Points Covered
1 Summary and Conclusions
Summary
Conclusions
2 Drivers and Indicators
Population & GDP Growth Drive Energy Demand
Evolution of Offshore E&P Industry
Subsea Focus Areas
Oil Supply & Demand
Oil Price Volatility
Natural Gas
Oil & Gas Challenges
.
5 The Subsea Vessel Market Forecast
Model Summary
Global Market by Region
Global Market by Sector
Africa Market Overview & Drivers
Africa Vessel Day Demand & Expenditure
Asia Market Overview & Drivers
Asia Vessel Day Demand & Expenditure
Australasia Market Overview & Drivers
Australasia Vessel Day Demand & Expenditure
Eastern Europe & FSU Market Overview & Drivers
Eastern Europe & FSU Vessel Day Demand & Expenditure
Latin America Market Overview & Drivers
Latin America Vessel Day Demand & Expenditure
Middle East Market Overview & Drivers
Middle East Vessel Day Demand & Expenditure
North America Market Overview & Drivers
North America Vessel Day Demand & Expenditure
Norway Market Overview & Drivers
Norway Vessel Day Demand & Expenditure
UK Market Overview & Drivers
UK Vessel Day Demand & Expenditure
RoWE Market Overview & Drivers
RoWE Vessel Day Demand & Expenditure
6 Appendix
Data and Text Conventions
Continued ..
Complete Report Details @ https://www.marketintelreports.com/report/9781910045244/world-subsea-vessel-operations-market-forecast-20162020
About us:
MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.
MarketIntelReports currently has more than 2.5 million titles and 200 publishers on our platform and are growing consistently to fill the World Intelligence Demand Supply Gap. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Contact Information:
MarketIntelReports
Lakshmi
Tel: 1-302-261-5343
Email us
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MarketIntelReports
Lakshmi
Tel: 1-302-261-5343
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results