Energy and Power Subsea Well Access System Market | Page 2
- Appendix
- List of Tables
- List of Figures
Scope of the Report:
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Subsea Well Access System Market, by Type
o Vessel-based well access system
o Rig-based well access system
Subsea Well Access System Market, by Region
o North America
o Europe
o Asia-Pacific
o South America
o Middle East
o Africa
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North America: The leading market for the subsea well access system market
The market in North America is expected to dominate the global subsea well access system
market, given growing unconventional hydrocarbon production in the region. The region is the
new swing producer in global oil markets owing to the boom in production from both shale
operations and Deepwater exploration and production in the Gulf of Mexico. Exploration and
production activities in the region are also expected to gain momentum with increased capital
spending by major oil companies. All these factors are expected to drive the North American
subsea well access system market.
The rig-based well access system is expected to hold the largest share of the subsea well
access system market, by type, during the forecast period
The rig-based well access system dominated the subsea well access system market during the
forecast period. The market in Europe is the largest market consisting large number of existing
wells which require substantial overhaul. The increase in demand from deep offshore oil & gas
fields, is expected to drive the rig-based well access system segment.
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