Subsea production tree, used in petroleum industry, is mainly used for hanging down the oil string in the well, sealing the annular space of the oil casing, controlling and regulating the oil well production, ensuring the operation, collecting oil, casing pressure data, testing and paraffin removal and other daily production management.
This report contains market size and forecasts of Subsea Production Tree in global, including the following market information:
Global Subsea Production Tree Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Subsea Production Tree Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Subsea Production Tree companies in 2021 (%)
The global Subsea Production Tree market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vertical Subsea Trees Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Subsea Production Tree include FMC Technologies, GE Oil & Gas, AkerSolutions, Schlumberger, Dril-Quip and Expro, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Subsea Production Tree manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Subsea Production Tree Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Subsea Production Tree Market Segment Percentages, by Type, 2021 (%)
Vertical Subsea Trees
Horizontal Subsea Trees
Global Subsea Production Tree Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Subsea Production Tree Market Segment Percentages, by Application, 2021 (%)
Petroleum Industry
Other
Global Subsea Production Tree Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Subsea Production Tree Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Subsea Production Tree revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Subsea Production Tree revenues share in global market, 2021 (%)
Key companies Subsea Production Tree sales in global market, 2017-2022 (Estimated), (Units)
Key companies Subsea Production Tree sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
FMC Technologies
GE Oil & Gas
AkerSolutions
Schlumberger
Dril-Quip
Expro