Subsea Pumps Market to Gain Momentum from Increasing Utilization of Subsea Technologies for Oil Production.Pdf

Transparency Market

Research

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...