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Europe Subsea BOP Market is Expected to Reach $284 Million in 2019 - New Report by MicroMarket Monitor
Date:8/15/2014

(PRWEB) August 15, 2014

The Subsea Blowout Preventer Market in Europe report defines and segments the subsea blowout preventer market in Europe with analysis and forecast of revenue. The subsea blowout preventer market in Europe is estimated to grow from around $163 million in 2013 to $284 million by 2019, at a CAGR of 8.5% from 2014 to 2019.

Browse through the TOC of the Subsea Blowout Preventer Market in Europe report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the subsea blowout preventer market in Europe, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/europe-subsea-bop-8793603426.html

Increased safety regulations, enforcement of stringent operational safety and hazard prevention norms, growing offshore drilling activities owing to rising energy demand and technological advancements, and the rising need for production efficiency are some of the key drivers for the European subsea blowout preventer market.

Early buyers will receive 10% customization on this report.

http://www.micromarketmonitor.com/contact/8793603426-request_for_customization.html

The European market share is growing in the subsea blowout preventer market globally. As of 2013, the subsea blowout preventer market in Europe contributed a share of around 5%, owing to developmental activities in offshore exploration and production.

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Source: PRWeb
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