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Offshore oil and gas pipeline market to grow by 5.0% Y-O-Y from 2022 to 2023: Economic benefits of offshore pipelines will drive growth – Technavio – Yahoo Finance

NEW YORK, Dec. 9, 2022 /PRNewswire/ — Offshore oil and gas pipeline market insights –
Vendors: 15+, Including Allseas Group SA, ArcelorMittal SA, Atteris Pty. Ltd., Fugro NV, JFE Holdings Inc., John Wood Group PLC, Larsen & Toubro Ltd., McDermott International Ltd., National Petroleum Construction Co., Nippon Steel Corp., PAO Severstal, PAO TMK, SAIPEM SpA, Salzgitter AG, Sapura Energy Bhd, Shengli Oil & Gas Pipe Holdings Ltd., Subsea 7 SA, TechnipFMC plc, Tenaris SA, and United Metallurgical Co., among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: Product, sector, and region
To understand more about the offshore oil and gas pipeline market, request a sample report
In 2017, the offshore oil and gas pipeline market was valued at USD 10,667.60 million. From a regional perspective, Europe held the largest market share, valued at USD 5,378.60 million. The offshore oil and gas pipeline market size is estimated to grow by USD 3,754.62 million from 2022 to 2027 at a CAGR of 5.3%, according to Technavio.
Offshore oil and gas pipeline market  Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –
Key purchase criteria
Adoption rates
Adoption lifecycle
Drivers of price sensitivity
For highlights on customer landscape analysis, download a sample!
Offshore oil and gas pipeline market – Vendor insights
The offshore oil and gas pipeline market is fragmented. Oil and gas E&P companies are investing heavily in oil and gas drilling activities. This will offer vendors opportunities to provide equipment and services related to offshore oil and gas pipeline construction. Competition among the existing players is moderate due to factors such as the presence of numerous players, high fixed costs, and high market growth. Technavio’s report analyzes the market’s competitive landscape and offers information on several market vendors, including –
Allseas Group SA – The company offers offshore oil and gas pipelines such as Solitaire.
ArcelorMittal SA – The company offers offshore oil and gas pipelines such as tubular Jubail and Roman.
Atteris Pty. Ltd. – The company offers offshore oil and gas pipeline solutions such as coatings and cathodic protection.
Offshore oil and gas pipeline market – Market dynamics
Major drivers:
Economic benefits of offshore pipelines than other oil and gas transportation modes
Surge in E&P activities
Rising global energy demand
Key challenges:
Fluctuations in global crude oil and natural gas prices
Changing energy mix
Risks involved in oil and gas transportation via offshore pipelines
Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!
The offshore oil and gas pipeline market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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What are the key data covered in this offshore oil and gas pipeline market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the offshore oil and gas pipeline market between 2023 and 2027
Precise estimation of the size of the offshore oil and gas pipeline market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the offshore oil and gas pipeline market across APAC, North America, Europe, Middle East and Africa, and South America
Thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of offshore oil and gas pipeline market vendors
Related reports:
The offshore supply vessel market size is estimated to grow by USD 5.14 billion with a CAGR of 4.11% during the forecast period 2021 to 2026. The market is segmented by type (AHTS, PSV, FSIC, MPSV, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
The offshore support vessel market size is estimated to grow by USD 443.04 million during the forecast period 2021 to 2026. The market is segmented by product (AHTS, PSV, MPSV, FSIV, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
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Offshore Oil and Gas Pipeline Market Scope
Report Coverage
Details
Page number
163
Base year
2022
Historical year
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 5.3%
Market growth 2023-2027
USD 3,754.62 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
5.0
Regional analysis
APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution
Europe at 50%
Key countries
US, Turkey, Saudi Arabia, China, Russia, and Norway
Competitive landscape
Leading companies, market positioning of vendors, competitive strategies, and industry risks
Key companies profiled
Allseas Group SA, ArcelorMittal SA, Atteris Pty. Ltd., Fugro NV, JFE Holdings Inc., John Wood Group PLC, Larsen & Toubro Ltd., McDermott International Ltd., National Petroleum Construction Co., Nippon Steel Corp., PAO Severstal, PAO TMK, SAIPEM SpA, Salzgitter AG, Sapura Energy Bhd, Shengli Oil & Gas Pipe Holdings Ltd., Subsea 7 SA, TechnipFMC plc, Tenaris SA, and United Metallurgical Co.
Market dynamics
Parent market analysis; market growth inducers and obstacles; fast-growing and slow-growing segment analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Browse for Technavio’s energy market reports
Table of content
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global offshore oil and gas pipeline market 2017 – 2021
4.2 Product Segment Analysis 2017 – 2021
4.3 Sector Segment Analysis 2017 – 2021
4.4 Geography Segment Analysis 2017 – 2021
4.5 Country Segment Analysis 2017 – 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 Oil – Market size and forecast 2022-2027
6.4 Gas – Market size and forecast 2022-2027
6.5 Market opportunity by Product
7 Market Segmentation by Sector
7.1 Market segments
7.2 Comparison by Sector
7.3 Upstream – Market size and forecast 2022-2027
7.4 Midstream – Market size and forecast 2022-2027
7.5 Downstream – Market size and forecast 2022-2027
7.6 Market opportunity by Sector
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe – Market size and forecast 2022-2027
9.4 Middle East and Africa – Market size and forecast 2022-2027
9.5 APAC – Market size and forecast 2022-2027
9.6 South America – Market size and forecast 2022-2027
9.7 North America – Market size and forecast 2022-2027
9.8 Russia – Market size and forecast 2022-2027
9.9 Turkey – Market size and forecast 2022-2027
9.10 Norway – Market size and forecast 2022-2027
9.11 Saudi Arabia – Market size and forecast 2022-2027
9.12 China – Market size and forecast 2022-2027
9.13 US – Market size and forecast 2022-2027
9.14 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Allseas Group SA
12.4 ArcelorMittal SA
12.5 Atteris Pty. Ltd.
12.6 Fugro NV
12.7 JFE Holdings Inc.
12.8 John Wood Group PLC
12.9 Larsen and Toubro Ltd.
12.10 McDermott International Ltd.
12.11 National Petroleum Construction Co.
12.12 Nippon Steel Corp.
12.13 PAO Severstal
12.14 PAO TMK
12.15 SAIPEM SpA
12.16 Salzgitter AG
12.17 Tenaris SA
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
About us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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