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Date Submitted: 09/16/2015 06:47 AM
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...