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Subsea Manifolds Market - Top Companies and Manufacturers

  • Report ID: 5589
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Companies Dominating the Subsea Manifolds Market

    • Baker Hughes Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Aker Solutions
    • TechnipFMC plc
    • Schlumberger Limited
    • Chevron Corporation.
    • ABB Ltd
    • Nexans
    • OneSubsea
    • Dril-Quip, Inc
    • Siemens
Browse Key Market Insights with Data Illustration:

In the News

  • Baker Hughes Company has been contracted by Chevron Australia Pty Ltd. To supply subsea compression manifold technology for the Jansz-Io Compression project. The business will offer a subsea compression manifold structure with module and foundation, as well as the most recent optimized version of its horizontal clamp connector system and subsea controls, all driven by Baker Hughes' Subsea Connect early engagement methodology.
  • Aker Solutions has been awarded by ConocoPhillips with a sizable contract to supply a subsea production system for the Eldfisk North development off the coast of Norway. The field will be connected to the Eldfisk Complex and developed as a subsea satellite.

Author Credits:  Dhruv Bhatia


  • Report ID: 5589
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of subsea manifolds is assessed at USD 6.14 billion.

The subsea manifolds market size was valued at USD 5.85 billion in 2024 and is expected to reach USD 12.94 billion by 2037, expanding at around 6.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is due to increasing growth of offshore activities, which are pushing exploration and production into deeper oceans and more difficult settings.

Europe industry is estimated to hold largest revenue share of 35% by 2037, due to a developed offshore sector & supportive government policy in the region.

The major players in the market include Baker Hughes Company, Aker Solutions, TechnipFMC plc, Schlumberger Limited, Chevron Corporation., ABB Ltd, Nexans, OneSubsea, Dril-Quip, Inc, Siemens
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