Global Umbilical Market Opportunities and Forecasts (2016-2021)
Increasing concern towards declining crude oil prices coupled with the restoration of mature fields and exploring deep sea oil and gas reservoirs drive the growth of Umbilical Market.
The Global Umbilical Market in Oil and Gas Industry has been growing at a positive rate, on account of the rising demand for oil and gas globally. The decline in the exploration and production, due to surplus oil in market across the globe has delayed the projects for the time being. However, increasing deep sea developments for hydrocarbons have been triggering the offshore market further driving the market for Umbilical.
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=717439
During 2016-21, Global Umbilical market in oilfield is anticipated to grow at a CAGR of 3.66%. Moreover, a decrease in crude oil prices will induce more pressure on the economies to exercise cost effective well practises and will result in rise in umbilicals in the coming years.
According to Azoth Analytics research report, Global Umbilical Market (By Type, By Region, By Country): Opportunities and Forecasts (2016-2021) (By Type- Hydraulic, Electro Hydraulic, Electro-Fiber Optical Hydraulic, Electro Hydraulic & Electro-Fiber Optical with Medium Voltage Cores; By Region- N. America, S. America, Africa, Europe, Middle-East and APAC), global Umbilical market is projected to exhibit a positive growth during 2016 2021 at a CAGR of 3.66 % wherein market in South America, West Africa and Asia Pacific is anticipated to rise at higher rates. On the basis of type of Umbilical, market is segmented By Type (Hydraulic Umbilical; Electro Hydraulic Umbilical; Electro- Fiber Optical Hydraulic Umbilical and Electro Hydraulic and Electro- Fiber Optical Hydraulic Umbilical with medium voltage cores) and By Geography (North America, South America, Africa, Europe, Middle East and APAC).
Few of the leading companies operating in the umbilical market include Oceaneering International, Technip, Nexans, Aker Solutions, Prysmian Group, Subsea 7 and many more.
Browse Detail Report With TOC @ http://www.researchmoz.us/global-umbilical-market-by-type-by-region-by-country-opportunities-and-forecasts-2016-2021by-type-hydraulic-electro-hydraulic-electro-fiber-optical-hydraulic-electro-hydraulic-and-electro-fiber-optical-with-medium-voltage-cores-by-r-report.html
Research Methodology
The objective of the research is to present the historical growth (2010-2015) and the future projections (2016-2021) of the umbilical market (global, regional, country) by various types (Hydraulic Umbilical; Electro Hydraulic Umbilical; Electro Hydraulic & Electro- Fiber Optical Umbilical with Medium Voltage Cores). Historical market trend of umbilical has been figured out through secondary research (associations, annual reports, magazines, journals) and by various paid databases. For presenting the dynamics of the industry and future projections, primary research was conducted and experts from the industry were interviewed.
Scope of the Report
The report provides Segmentation of Umbilical by Types
Hydraulic Umbilical
Electro Hydraulic Umbilical
Electro- Fiber Optical Hydraulic Umbilical
Electro Hydraulic & Electro- Fiber Optical Umbilical with Medium Voltage Cores
The report provides coverage by Region
North America
South America
Africa
Europe
Asia Pacific
Middle East
The report provides coverage by Country
United States
Mexico
Brazil
Argentina
China
Australia
Saudi Arabia
Nigeria
Angola
Customization of the Report
The report could be customized according to the clients specific research requirements. No additional cost will be required to pay for limited additional research.
For Market Research Latest Reports Visit @ http://www.researchmoz.us/latest-report.html
About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Browse Our Latest Press Releases @ http://www.researchmoz.us/pressrelease