This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Subsea Manifolds Market

Market Insights on Subsea Manifolds covering sales outlook, demand forecast & up-to-date key trends

Subsea Manifolds Market: Significant Uptick in the Offshore Exploration Activities to Drive the Demand for Subsea Manifolds

Subsea Manifolds: Market Overview

Subsea manifolds are used in the oil & gas offshore fields development to minimize the use of multiple risers and subsea pipelines, simplify subsea installations and for optimizing subsea fluid flow system. Subsea manifolds are an arrangement of a number of valves and pipelines which are designed to monitor, control and distribute fluid flow.

Subsea manifolds are typically installed within a group of wells on the seabed to either inject gas, water or fluids into the wells or gather the produced oil & gas.Subsea manifolds can be designed on the basis of function they are needed to perform, like choke or kill for well control, squeeze manifold for injecting fluids or cement, and production manifold for controlling produced fluids.

On the basis of types, the subsea manifolds are categorized as template manifold, cluster manifold and pipeline end manifold (PLEM). PLEM is one of the most commonly used subsea manifold systems, which is a simpler version of cluster manifold, which directly connects to a subsea flowline and used to direct fluids to subsea Christmas trees.

Other functions of subsea manifolds include providing an interface between the well and production pipeline, distribution of electrical and hydraulic systems, supporting all pipeline systems, and provide a support platform for remotely operated vehicles (ROV).

Given the complexities in subsea oil & gas production operations, the subsea manifolds play a crucial role in connecting a number of subsea installations to offshore structures and production systems.

Subsea Manifolds: Market Dynamics

Offshore oil & gas exploration has been on rise since the crude oil price slump in 2014-15. Given the existence of a large proportion of undeveloped reservoirs in offshore, major exploration and production (E&P) operators have been investing a heavy part of their exploration budgets towards offshore activities.

This is anticipated to drive the demand for subsea manifolds during the forecast period.A significant rise in final investment decisions (FID) directed towards offshore developments is also anticipated to demand for subsea manifolds.

The oil & gas industry, specifically in the offshore sector, has been witnessing a growing trend of integrated service providers, who can both provide the equipment and install, which significantly reduces the total cost of project for E&P operators. 

This trend is set to remain prominent in the subsea manifolds market as well.Instability in crude oil prices and widening crude oil supply-demand gap are anticipated to bottleneck the growth of oil & gas industry as a whole, and in turn is expected to restrain the growth of subsea manifolds market in the coming years.

Customize this Report

Let us know your requirement to get
100% FREE customization

Subsea Manifolds Market: Regional Outlook

Production technology advancements in shale gas and hydraulic fracturing has been driving oil & gas production activity in offshore U.S. and the Gulf of Mexico, which is projected to drive the demand for subsea manifolds significantly in the North America region.

Middle east & Africa is projected to drive the demand for subsea manifolds at a robust pace, given the rising investments in African oil & gas producing countries. Asia Pacific is anticipated to drive the demand at a moderate pace in the global subsea manifold market, as compared to North America and Middle East & Africa regions, during the forecast period.

Subsea Manifolds Market: Market Participants

Some of the key market participants identified in the Subsea manifolds market across the globe are:

  • TechnipFMC plc
  • Aker Solutions
  • Baker Hughes, a GE Company
  • Schlumberger Limited
  • SUBSEA 7
  • Halliburton
  • Dril-Quip, Inc.
  • Weatherford
  • National Oilwell Varco
  • Jotne
Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Brief Approach to Research

The research report presents a comprehensive assessment of the Subsea manifolds market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Subsea manifolds market segments such as geographies, application and industry.

The report covers exhaustive analysis on

  • Subsea manifolds Market Segments
  • Subsea manifolds Market Dynamics
  • Subsea manifolds Market Size
  • Subsea manifolds Supply & Demand
  • Subsea manifolds Current Trends/Issues/Challenges
  • Subsea manifolds Competition & Companies involved
  • Subsea manifolds Technology
  • Subsea manifolds Value Chain
Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Regional Analysis Includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Subsea manifolds market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Subsea manifolds market segments and geographies.

Subsea Manifolds: Market Segmentation

The overall subsea manifolds market can been segmented on the basis of type as:

  • Template manifold
  • Cluster manifold
  • Pipeline End Manifold (PLEM)

The overall subsea manifolds market can been segmented on the basis of function as:

  • Choke & Kill manifold
  • Squeeze manifold
  • Frac manifold
  • Production manifold
  • Injection manifold

The overall subsea manifolds market can been segmented on the basis of water depth as:

  • Shallow water
  • Deep water
  • Ultra deep water

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

NA

Need specific information?

Request Customization

Explore Oil and Gas Insights

View Reports
Google translate

Subsea Manifolds Market