Subsea Pumps Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020
Published Date
27-Feb-2015
115 Page Report
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Press Release
Subsea Pumps Market to Gain Momentum from Increasing
Utilization of Subsea Technologies for Oil Production: TMR
Transparency Market Research
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Subsea Pumps Market
REPORT DESCRIPTION
Subsea Pumps Market By Product Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020
Transparency Market Research’s (TMR) recent market study on the global subsea pumps
market provides valuable insights into the developments of the market between 2014 and 2020.
Subsea pumping is commonly used for increased oil recovery from subsea oil and gas
reservoirs, especially in low-pressure oil fields. Due to the increased utilization of subsea
technologies in offshore hydrocarbon exploration projects, the subsea pumps market will rise at
a healthy 7.10% CAGR from 2014 to 2020 to reach a valuation of US$1.5bn by the end of the
forecast period. The global subsea pumps market was valued at US$0.9bn in 2013.The report is
titled “Subsea Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020” and is available for sale on the company website.
Browse the full Subsea Pumps Market by Product (Helico-axial, Electrical Submersible
Pump (ESP), Centrifugal, and Others) for Subsea Boosting, Subsea Separation, Subsea
Compression, and Subsea Injection Applications - Global Industry Analysis, Size, Share,
Growth, and Trends and Forecast 2014 - 2020 report at:
http://www.transparencymarketresearch.com/subsea-pumps-market.html
The report points out that the high economic benefits and flawless operational capabilities of
advanced subsea pumps are the major factors behind the rising demand for...