The subsea well access system Market in Asia Pacific was valued at $214 million in the year 2014, and is forecasted to reach $312 million by the end of 2019. It is projected to grow at a CAGR of 7.3% from 2014 to 2019.
The ‘Subsea Well Access System Market in Asia Pacific- forecast, 2012-2019’ report analyzes the subsea well access system market by technology. The subsea well access system market by technology covers riserless light well intervention (RLWI) and rig based well access system.
Subsea well access systems in Asia Pacific will increase due to growing safety concerns and the need for improvised production efficiency. The increasing demand of energy and offshore exploration activities are other factors, which will drive the subsea well access system market in Asia Pacific. The new riserless intervention technology can provide significant cost savings up to 40-60% and time saving in the intervention compared to the rig based structures, significantly driving the RLWI market.
The report also provides an extensive competitive landscaping of companies operating in the subsea well access system market, which includes Fmc Technologies, Weatherford International ltd., Cameron International Corporation, and Aker Solutions. The report also provides regional market shares, new product or service launches, M&A, and the product portfolio of the key market players.
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Product Analysis
- Comparison of product portfolio of each company mapped at regional level
- Well access systems specification
- Direct Vertical Access (DVA), Completion Work Over Riser (CWOR), Riserless Light Well Intervention Intervention Systems
- Subsea tree installations by region
- Number of offshore subsea/deepwater subsea projects
- Subsea equipment capex by region
Driving Factors
- The region wise and global exploration and production spending
- Number of subsea wells brought on-stream by region 2004-2014
- Number of subsea wells brought on-stream by water depth 2004-2014
- The number of wells drilled in a particular region
Expert forum
- Qualitative inputs on offshore drilling activities
1 Introduction
1.1 Objective of the study
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
1.4.1 Assumptions (Market Size, Forecast, etc)
2 Executive Summary
3 Market Overview
4 Well Access System (WAS)-Asia-Pacific, By Technologies
4.1 Split By Geography
4.1 Well Access System (WAS)-China by Technologies
4.2 Riserless Light Well Intervention (RLWI)-Asia-Pacific
4.3 Rig Based Well Access System-Asia-Pacific
4.3.1 Rig Based Well Access System-Asia-Pacific, By Types
4.3.1.1 Completion Workover Riser System-Asia-Pacific
4.3.1.2 Landing String System-Asia-Pacific
4.3.1.3 Other WAS-Asia-Pacific
5 Well Access System (WAS)-Asia-Pacific, By Geographies
5.1 China
5.1.1 China, By Companies
5.1.1.1 China-Cameron International
6 Asia-Pacific, By Companies
6.1 Split By Geography
6.2 China by Companies
6.2 Asia-Pacific-Other Companies
6.3 Cameron International-Asia-Pacific
6.4 Asia-Pacific-Aker Subsea
6.5 Asia-Pacific-FMC Subsea & Surface Technologies
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