South America oil & gas SURF market was valued at $
1.44 billion in 2016, and is projected to exhibit a CAGR of over 12%, in value
terms, to reach $ 2.57 billion by 2021. Brazil is the leading subsea equipment
demand generator in South America. However, over the past few years, Brazilian
economy witnessed a downfall, which subsequently impacted the country’s
spending capacity. Decline in offshore explorations negatively impacted oil
& gas SURF market in the region. Moreover, corruption scandal that engulfed
Petrobras also negatively impacted SURF market in South America, as the company
had laid one of the largest corporate capital expenditure plan to tap offshore
pre-salt discoveries. South America holds a great potential for offshore oil
& gas explorations and hence, the oil & gas SURF market in the region
is anticipated to exhibit a moderate growth through 2021.
Years considered for this report:
Historical
Years: 2011-2014
Base Year: 2015
Estimated Year:
2016
Forecast Period:
2016–2021
Objective of the
Study:
- The primary objective of
the study was to understand and gain insights about the South America oil
& gas SURF market, on the basis of by component, by application and by
country.
- To categorize and
forecast South America oil & gas SURF market by component such as Subsea
Umbilicals, Risers, & Flowlines.
- To estimate, calculate and
forecast market size for South America oil & gas SURF market, in terms
of value.
- To strategically profile
the leading SURF equipment manufacturers, distributors and resellers in
the market which cater to the South America SURF market.
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Few of the
leading players in South America oil & gas SURF market include Few of the
leading players in Europe oil & gas SURF market include Technip, Subsea 7
SA, Aker Solutions ASA, Nexans SA, Saipem SpA, Prysmian S.p.A., VALLOUREC, ABB
Ltd, Kongsberg Gruppen, Siemens AG, Airborne Oil & Gas B.V.
TechSci
Research carried out South America oil & gas SURF market study by considering
various aspects of South America oil & gas SURF market. In the beginning of
South America oil & gas SURF market study, a brief study was conducted to
understand each aspect of market outlook such as drivers, challenges, market
trends and various other major factors affecting the market. Moreover, an
in-depth analysis was conducted to understand South America oil & gas SURF
market scenario and to gauge the competitive scenario. Afterwards, a detailed
scrutiny of by component, by application, and by country markets in South
America oil & gas SURF market were also conducted. In order to
extract data for South America oil & gas SURF market, primary research
surveys were conducted with key opinion leaders, SURF equipment manufacturers, their
raw material suppliers, resellers and channel partners, EPC contractors and
sub-contractors to understand historical and present trends.
Considering
the assumptions, TechSci research dedicated team of industry experts has
comprehensively monitored and analyzed various aspects of South America oil
& gas SURF market. TechSci research team has analyzed various segments and
speculated a positive future for South America oil & gas SURF market and
subsequent countries. Moreover,
various secondary sources were utilized for preparing this report such as
directories, company annual reports, financial reports, proprietary
databases, among others.
Key Target Audience:
- Oil & gas SURF equipment manufacturers, their raw
material suppliers, resellers and channel partners, EPC contractors and
sub-contractors
- Customers (national oil companies, oil & gas multinationals)
- Research organizations and consulting companies
- Associations, organizations, forums and alliances
related to Subsea equipment
- Government bodies such as regulating authorities and
policy makers
The study is useful in providing answers to past,
current and future adoption of SURF equipment in South America oil & gas SURF market. This study
helps in analyzing specific country adoption trend of oil & gas SURF equipment, which are
useful for industry stakeholders such as SURF equipment manufacturers, their
raw material suppliers, resellers and channel partners, EPC contractors and
sub-contractors, regulatory bodies, and customers (national oil companies, oil
& gas multinationals).
Report Scope:
In
this report, the South America oil & gas SURF market has been
segmented into the following categories in addition to the industry trends
which have also been detailed below:
- Market, By Component:
- Subsea umbilicals
- Risers
- Flowlines
- Market,
By Application:
- Deepwater
- Shallow
Water
- Ultra-Deepwater
- Market, By Country:
- Brazil
- Venezuela
- Peru
- Rest of South America
Competitive Landscape
Competition Benchmarking: Benchmarking
of leading players on the basis of product portfolio.
Company Profiles: Detailed analysis of
the major companies operating in South America oil & gas SURF market.
Available Customizations:
With
the given market data, TechSci Research offers customizations according to company’s
specific needs. The following customization options are available for the
report:
Channel Partner Analysis
- Detailed list of
distributors and dealers across all major countries.
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
In
case of you can’t find what you are looking for then please get in touch with
our custom research team at [email protected]