Global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market Insights and Forecast to 2028

Subsea Umbilicals, Risers & Flowlines (SURF) refer to the cable those used in the operation of subsea oil or gas plant.

An umbilical, or umbilical cable, is a static or dynamic cable that is the vital link between subsea production and processing systems and the surface, as well as between elements within the larger subsea system via flying leads. Umbilicals are composite cables that have the ability to carry out a large range of processes. Flowlines transport unprocessed fluids from the subsea well to the riser. The riser then transports the fluids to the surface processing system.
Market Analysis and Insights: Global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market
Due to the COVID-19 pandemic, the global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market size is estimated to be worth US$ 6662.5 million in 2022 and is forecast to a readjusted size of US$ 8381.6 million by 2028 with a CAGR of 3.9% during the review period. Fully considering the economic change by this health crisis, Umbilicals accounting for % of the Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Shallow Water Oil & Gas Fields segment is altered to an % CAGR throughout this forecast period.
The major players in global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market include Aker Solutions, Technip, FMC Technologies, etc. The top 3 players occupy about 45% shares of the global market. Europe and North America are main markets, they occupy about 70% of the global market. Risers and Flowlines is the main type, with a share about 60%. Deepwater Oil & Gas Fields is the main application, which holds a share about 45%.
In terms of production side, this report researches the Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Scope and Segment
Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Umbilicals
Risers and Flowlines
Segment by Application
Shallow Water Oil & Gas Fields
Deepwater Oil & Gas Fields
Ultra Deepwater Oil & Gas Fields
By Company
Aker Solutions
Technip
FMC Technologies
Prysmian Group
Vallourec
Nexans
JDR
Oceaneering
Production by Region
North America
Europe
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE