Research Reports Subsea Manifolds Market Global Industry Analysis 2014 - 2020

Transparency Market

Research

Subsea Manifolds Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2014 - 2020

Published Date

27-Feb-2015

81 Page Report

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Press Release

Global expenditure on subsea manifolds is estimated to reach

USD 3,716.42 million by 2020:Transparency Market Research

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Subsea Manifolds Market

REPORT DESCRIPTION

Subsea Manifolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

2014 - 2020

Transparency Market Research has released a new market report titled Subsea Manifolds Market - Global

Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020.According to the report, the

global subsea manifolds market was valued at USD 2,540.01 million and is expected to reach USD

3,716.42 million by 2020, expanding at a CAGR of 5.60% between 2014 and 2020.

Browse Subsea Manifolds Market Report with Full TOC at

http://www.transparencymarketresearch.com/subsea-manifolds-market.html

The hydrocarbon exploration and production companies are gradually shifting their focus towards the

development of distinct deepwater basins. Rising investments in complex offshore reservoir structures lead

to increase in demand for efficient and advanced technologies. The exploration companies are installing

subsea structures with an aim to increase oil recovery from deepwater reservoirs, extend life of existing

fields, and reduce the capital and operating expenditures. Subsea technologies have gradually developed

over the years and future offshore development projects would benefit from this technology as it

substantially reduces the cost associated with production platforms. Subsea manifold systems are key

equipment, designed to direct the flow from subsea production...