Offshore oil and gas pipeline market to grow by 5.0% Y-O-Y from 2022 to 2023: Economic benefits of offshore pipelines will drive growth - Technavio

NEW YORK, Dec. 9, 2022 /PRNewswire/ -- Offshore oil and gas pipeline market insights -

Technavio has announced its latest market research report titled Global Offshore Oil and Gas Pipeline Market 2023-2027
Technavio has announced its latest market research report titled Global Offshore Oil and Gas Pipeline Market 2023-2027
  • Vendors: 15+, Including Allseas Group SA, ArcelorMittal SA, Atteris Pty. Ltd., Fugro NV, JFE Holdings Inc., John Wood Group PLC, Larsen & Toubro Ltd., McDermott International Ltd., National Petroleum Construction Co., Nippon Steel Corp., PAO Severstal, PAO TMK, SAIPEM SpA, Salzgitter AG, Sapura Energy Bhd, Shengli Oil & Gas Pipe Holdings Ltd., Subsea 7 SA, TechnipFMC plc, Tenaris SA, and United Metallurgical Co., among others

  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors

  • Segments: Product, sector, and region

To understand more about the offshore oil and gas pipeline market, request a sample report

In 2017, the offshore oil and gas pipeline market was valued at USD 10,667.60 million. From a regional perspective, Europe held the largest market share, valued at USD 5,378.60 million. The offshore oil and gas pipeline market size is estimated to grow by USD 3,754.62 million from 2022 to 2027 at a CAGR of 5.3%, according to Technavio.

Offshore oil and gas pipeline market - Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria

  • Adoption rates

  • Adoption lifecycle

  • Drivers of price sensitivity

  • For highlights on customer landscape analysis, download a sample!

Offshore oil and gas pipeline market - Vendor insights

The offshore oil and gas pipeline market is fragmented. Oil and gas E&P companies are investing heavily in oil and gas drilling activities. This will offer vendors opportunities to provide equipment and services related to offshore oil and gas pipeline construction. Competition among the existing players is moderate due to factors such as the presence of numerous players, high fixed costs, and high market growth. Technavio's report analyzes the market's competitive landscape and offers information on several market vendors, including -

  • Allseas Group SA – The company offers offshore oil and gas pipelines such as Solitaire.

  • ArcelorMittal SA - The company offers offshore oil and gas pipelines such as tubular Jubail and Roman.

  • Atteris Pty. Ltd. – The company offers offshore oil and gas pipeline solutions such as coatings and cathodic protection.

Offshore oil and gas pipeline market - Market dynamics

Major drivers:

  • Economic benefits of offshore pipelines than other oil and gas transportation modes

  • Surge in E&P activities

  • Rising global energy demand

Key challenges:

  • Fluctuations in global crude oil and natural gas prices

  • Changing energy mix

  • Risks involved in oil and gas transportation via offshore pipelines

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The offshore oil and gas pipeline market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why buy?

  • Add credibility to strategies

  • Analyze competitor's offerings

  • Get a holistic view of the market

Grow your profit margins with Technavio - Buy the report

What are the key data covered in this offshore oil and gas pipeline market report?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the offshore oil and gas pipeline market between 2023 and 2027

  • Precise estimation of the size of the offshore oil and gas pipeline market and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of the offshore oil and gas pipeline market across APAC, North America, Europe, Middle East and Africa, and South America

  • Thorough analysis of the market's competitive landscape and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of offshore oil and gas pipeline market vendors

Related reports:

  • The offshore supply vessel market size is estimated to grow by USD 5.14 billion with a CAGR of 4.11% during the forecast period 2021 to 2026. The market is segmented by type (AHTS, PSV, FSIC, MPSV, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

  • The offshore support vessel market size is estimated to grow by USD 443.04 million during the forecast period 2021 to 2026. The market is segmented by product (AHTS, PSV, MPSV, FSIV, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

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Offshore Oil and Gas Pipeline Market Scope

Report Coverage

Details

Page number

163

Base year

2022

Historical year

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.3%

Market growth 2023-2027

USD 3,754.62 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.0

Regional analysis

APAC, North America, Europe, South America, and the Middle East and Africa

Performing market contribution

Europe at 50%

Key countries

US, Turkey, Saudi Arabia, China, Russia, and Norway

Competitive landscape

Leading companies, market positioning of vendors, competitive strategies, and industry risks

Key companies profiled

Allseas Group SA, ArcelorMittal SA, Atteris Pty. Ltd., Fugro NV, JFE Holdings Inc., John Wood Group PLC, Larsen & Toubro Ltd., McDermott International Ltd., National Petroleum Construction Co., Nippon Steel Corp., PAO Severstal, PAO TMK, SAIPEM SpA, Salzgitter AG, Sapura Energy Bhd, Shengli Oil & Gas Pipe Holdings Ltd., Subsea 7 SA, TechnipFMC plc, Tenaris SA, and United Metallurgical Co.

Market dynamics

Parent market analysis; market growth inducers and obstacles; fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio's energy market reports

Table of content

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2022

  • 3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

  • 4.1 Global offshore oil and gas pipeline market 2017 - 2021

  • 4.2 Product Segment Analysis 2017 - 2021

  • 4.3 Sector Segment Analysis 2017 - 2021

  • 4.4 Geography Segment Analysis 2017 - 2021

  • 4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

  • 5.1 Five forces summary

  • 5.2 Bargaining power of buyers

  • 5.3 Bargaining power of suppliers

  • 5.4 Threat of new entrants

  • 5.5 Threat of substitutes

  • 5.6 Threat of rivalry

  • 5.7 Market condition

6 Market Segmentation by Product

  • 6.1 Market segments

  • 6.2 Comparison by Product

  • 6.3 Oil - Market size and forecast 2022-2027

  • 6.4 Gas - Market size and forecast 2022-2027

  • 6.5 Market opportunity by Product

7 Market Segmentation by Sector

  • 7.1 Market segments

  • 7.2 Comparison by Sector

  • 7.3 Upstream - Market size and forecast 2022-2027

  • 7.4 Midstream - Market size and forecast 2022-2027

  • 7.5 Downstream - Market size and forecast 2022-2027

  • 7.6 Market opportunity by Sector

8 Customer Landscape

  • 8.1 Customer landscape overview

9 Geographic Landscape

  • 9.1 Geographic segmentation

  • 9.2 Geographic comparison

  • 9.3 Europe - Market size and forecast 2022-2027

  • 9.4 Middle East and Africa - Market size and forecast 2022-2027

  • 9.5 APAC - Market size and forecast 2022-2027

  • 9.6 South America - Market size and forecast 2022-2027

  • 9.7 North America - Market size and forecast 2022-2027

  • 9.8 Russia - Market size and forecast 2022-2027

  • 9.9 Turkey - Market size and forecast 2022-2027

  • 9.10 Norway - Market size and forecast 2022-2027

  • 9.11 Saudi Arabia - Market size and forecast 2022-2027

  • 9.12 China - Market size and forecast 2022-2027

  • 9.13 US - Market size and forecast 2022-2027

  • 9.14 Market opportunity by geography

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers

  • 10.2 Market challenges

  • 10.3 Impact of drivers and challenges

  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview

  • 11.2 Vendor landscape

  • 11.3 Landscape disruption

  • 11.4 Industry risks

12 Vendor Analysis

  • 12.1 Vendors covered

  • 12.2 Market positioning of vendors

  • 12.3 Allseas Group SA

  • 12.4 ArcelorMittal SA

  • 12.5 Atteris Pty. Ltd.

  • 12.6 Fugro NV

  • 12.7 JFE Holdings Inc.

  • 12.8 John Wood Group PLC

  • 12.9 Larsen and Toubro Ltd.

  • 12.10 McDermott International Ltd.

  • 12.11 National Petroleum Construction Co.

  • 12.12 Nippon Steel Corp.

  • 12.13 PAO Severstal

  • 12.14 PAO TMK

  • 12.15 SAIPEM SpA

  • 12.16 Salzgitter AG

  • 12.17 Tenaris SA

13 Appendix

  • 13.1 Scope of the report

  • 13.2 Inclusions and exclusions checklist

  • 13.3 Currency conversion rates for US$

  • 13.4 Research methodology

  • 13.5 List of abbreviations

About us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Offshore Oil and Gas Pipeline Market 2023-2027
Global Offshore Oil and Gas Pipeline Market 2023-2027
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