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Global Subsea Production Systems Market 2018-2022: Industry 4.0 - Trends Impacting Upstream Producers - ResearchAndMarkets.comThe "Global Subsea Production Systems Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The global subsea production systems market will grow at a CAGR of 3.21% during the period 2018-2022. Global Subsea Production Systems Market 2018-2022, has been prepared based on in-depth market analysis with input from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The oil and gas sector has extended its reach from land-based drilling to the offshore segment, to tap the richness of the earth covered by water. The environmental conditions in the offshore sector are challenging as they vary greatly from the onshore sector. There were two major developments witnessed as drillers approached oceans for producing crude oil and natural gas. One trend in the market is ERD technology. Extended reach drilling (ERD) is defined as a well with a step-out to ND(True vertical depth) ratio of 2:1 or higher. There are certain other factors taken into consideration, such as key drilling challenges, water depth, and rig capabilities. Though the use of ERD technology in the current oil and gas market is not feasible, it is expected to be used in time, as using this technology is about the economics and demand in the market. In the last two years of low crude oil prices, operators have adopted this technology, which has made the overall project commercially viable. Key vendors Other prominent vendors
Key Topics Covered: Part 01: Executive Summary Part 02: Scope Of The Report Part 03: Research Methodology Part 04: Introduction Part 05: Market Landscape Part 06: Market Sizing Part 07: Five Forces Analysis Part 08: Market Segmentation By Equipment Type Part 09: Customer Landscape Part 10: Regional Landscape Part 11: Decision Framework Part 12: Drivers And Challenges Part 13: Market Trends Part 14: Vendor Landscape Part 15: Vendor Analysis Part 16: Appendix For more information about this report visit https://www.researchandmarkets.com/research/jcv34h/global_subsea?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180119005398/en/ |