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Oil and Gas Subsea Power Grid Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Aug 2023

Report ID: ARC625

Pages : 250

Format : Oil and Gas Subsea Power Grid Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

CHAPTER 1. Industry Overview of Oil and Gas Subsea Power Grid Market

1.1. Definition and Scope

1.1.1. Definition of Oil and Gas Subsea Power Grid

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Oil and Gas Subsea Power Grid Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Oil and Gas Subsea Power Grid Market By Component

1.2.3. Oil and Gas Subsea Power Grid Market By Configuration

1.2.4. Oil and Gas Subsea Power Grid Market By End-User

1.2.5. Oil and Gas Subsea Power Grid Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Oil and Gas Subsea Power Grid Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Oil and Gas Subsea Power Grid Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Cost Structure Analysis

3.8.1. Price Trend of Key Raw Materials

3.8.2. Raw Material Suppliers

3.8.3. Proportion of Manufacturing Cost Structure

3.8.3.1. Raw Material

3.8.3.2. Labor Cost

3.8.3.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2022

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022

4.2. R&D Status of Major Manufacturers in 2022

CHAPTER 5. Oil and Gas Subsea Power Grid Market By Component

5.1. Introduction

5.2. Oil and Gas Subsea Power Grid Revenue By Component

5.2.1. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast, By Component, 2020-2032

5.2.2. Variable Speed Drivers

5.2.2.1. Variable Speed Drivers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Transformers

5.2.3.1. Transformers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Switch Gear

5.2.4.1. Switch Gear Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5. Power Cables

5.2.5.1. Power Cables Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.6. Connectors

5.2.6.1. Connectors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.7. Others

5.2.7.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. Oil and Gas Subsea Power Grid Market By Configuration

6.1. Introduction

6.2. Oil and Gas Subsea Power Grid Revenue By Configuration

6.2.1. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast, By Configuration, 2020-2032

6.2.2. Topside/Shore

6.2.2.1. Topside/Shore Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. Seabed

6.2.3.1. Seabed Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 7. Oil and Gas Subsea Power Grid Market By End-User

7.1. Introduction

7.2. Oil and Gas Subsea Power Grid Revenue By End-User

7.2.1. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast, By End-User, 2020-2032

7.2.2. Production Facilities

7.2.2.1. Production Facilities Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Drilling Rigs

7.2.3.1. Drilling Rigs Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.4. Floating Production System

7.2.4.1. Floating Production System Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.5. Others

7.2.5.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 8. North America Oil and Gas Subsea Power Grid Market By Country 

8.1. North America Oil and Gas Subsea Power Grid Market Overview

8.2. U.S.

8.2.1. U.S. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

8.2.2. U.S. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

8.2.3. U.S. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

8.3. Canada

8.3.1. Canada Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

8.3.2. Canada Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

8.3.3. Canada Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

8.4. North America PEST Analysis

CHAPTER 9. Europe Oil and Gas Subsea Power Grid Market By Country

9.1. Europe Oil and Gas Subsea Power Grid Market Overview

9.2. U.K.

9.2.1. U.K. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

9.2.2. U.K. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

9.2.3. U.K. Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

9.3. Germany

9.3.1. Germany Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

9.3.2. Germany Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

9.3.3. Germany Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

9.4. France

9.4.1. France Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

9.4.2. France Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

9.4.3. France Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

9.5. Spain

9.5.1. Spain Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

9.5.2. Spain Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

9.5.3. Spain Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

9.6. Rest of Europe

9.6.1. Rest of Europe Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

9.6.2. Rest of Europe Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

9.6.3. Rest of Europe Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

9.7. Europe PEST Analysis

CHAPTER 10. Asia Pacific Oil and Gas Subsea Power Grid Market By Country

10.1. Asia Pacific Oil and Gas Subsea Power Grid Market Overview

10.2. China

10.2.1. China Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

10.2.2. China Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

10.2.3. China Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

10.3. Japan

10.3.1. Japan Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

10.3.2. Japan Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

10.3.3. Japan Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

10.4. India

10.4.1. India Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

10.4.2. India Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

10.4.3. India Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

10.5. Australia

10.5.1. Australia Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

10.5.2. Australia Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

10.5.3. Australia Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

10.6. South Korea

10.6.1. South Korea Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

10.6.2. South Korea Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

10.6.3. South Korea Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

10.7. Rest of Asia-Pacific

10.7.1. Rest of Asia-Pacific Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

10.7.2. Rest of Asia-Pacific Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

10.7.3. Rest of Asia-Pacific Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

10.8. Asia Pacific PEST Analysis

CHAPTER 11. Latin America Oil and Gas Subsea Power Grid Market By Country

11.1. Latin America Oil and Gas Subsea Power Grid Market Overview

11.2. Brazil

11.2.1. Brazil Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

11.2.2. Brazil Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

11.2.3. Brazil Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

11.3. Mexico

11.3.1. Mexico Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

11.3.2. Mexico Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

11.3.3. Mexico Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

11.4. Rest of Latin America

11.4.1. Rest of Latin America Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

11.4.2. Rest of Latin America Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

11.4.3. Rest of Latin America Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

11.5. Latin America PEST Analysis

CHAPTER 12. Middle East & Africa Oil and Gas Subsea Power Grid Market By Country 

12.1. Middle East & Africa Oil and Gas Subsea Power Grid Market Overview

12.2. GCC

12.2.1. GCC Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

12.2.2. GCC Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

12.2.3. GCC Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

12.3. South Africa

12.3.1. South Africa Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

12.3.2. South Africa Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

12.3.3. South Africa Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

12.4. Rest of Middle East & Africa

12.4.1. Rest of Middle East & Africa Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Component, 2020-2032

12.4.2. Rest of Middle East & Africa Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By Configuration, 2020-2032

12.4.3. Rest of Middle East & Africa Oil and Gas Subsea Power Grid Revenue (USD Billion) and Forecast By End-User, 2020-2032

12.5. Middle East & Africa PEST Analysis

CHAPTER 13. Player Analysis Of Oil and Gas Subsea Power Grid Market

13.1. Oil and Gas Subsea Power Grid Market Company Share Analysis

13.2. Competition Matrix

13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

13.2.2. New Product Launches and Product Enhancements

13.2.3. Mergers And Acquisition In Global Oil and Gas Subsea Power Grid Market

13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 14. Company Profile

14.1. Expro International Group Holdings Limited

14.1.1. Company Snapshot

14.1.2. Business Overview

14.1.3. Financial Overview

14.1.3.1. Revenue (USD Billion), 2022

14.1.3.2. Expro International Group Holdings Limited 2022 Oil and Gas Subsea Power Grid Business Regional Distribution

14.1.4. Product /Service and Specification

14.1.5. Recent Developments & Business Strategy

14.2. Subsea Technology Group AS

14.3. General Electric

14.4. Aker Solutions

14.5. Drill-Quip Inc.

14.6. Siemens

14.7. Cameron International Corporation

14.8. FMC Technology

14.9. ABB

14.10. Schneider Electric

14.11. Subsea 7

14.12. OneSubsea (a Schlumberger company)

14.13. Prysmian Group

14.14. Nexans SA

Frequently Asked Questions

What was the market size of the global oil and gas subsea power grid in 2022?

The market size of oil and gas subsea power grid was USD 1.1 billion in 2022.

What is the CAGR of the global oil and gas subsea power grid market from 2023 to 2032?

The CAGR of oil and gas subsea power grid is 10.1% during the analysis period of 2023 to 2032.

Which are the key players in the oil and gas subsea power grid market?

The key players operating in the global market are including Expro International Group Holdings Limited, Subsea Technology Group AS, General Electric, Aker Solutions, Drill-Quip Inc., Siemens, Cameron International Corporation, FMC Technology, ABB, Schneider Electric, Subsea 7, OneSubsea (a Schlumberger company), Prysmian Group, and Nexans SA.

Which region dominated the global oil and gas subsea power grid market share?

North America held the dominating position in oil and gas subsea power grid industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of oil and gas subsea power grid during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global oil and gas subsea power grid industry?

The current trends and dynamics in the oil and gas subsea power grid industry include increasing demand for deepwater oil and gas exploration, growing need for efficient and remote subsea operations, and advancements in subsea technology, enabling complex projects.

Which component held the maximum share in 2022?

The power cables component held the maximum share of the oil and gas subsea power grid industry.

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