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Europe Subsea Well Access System (WAS) Market is Expected to Reach $1.6 Billion in 2019 - New Report by MicroMarket Monitor
Date:8/4/2014

(PRWEB) August 04, 2014

The Subsea Well Access System Market in Europe report defines and segments the Subsea Well Access System market in Europe with analysis and forecast of revenue. The Subsea Well Access System market in Europe is estimated to grow from around $1.2 Billion in 2013 to $1.6 Billion by 2019, at a CAGR of 8.5%, for the given period.

Browse through the TOC of the Subsea Well Access System 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 Well Access System market in Europe, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-subsea-well-access-system-was-1679195751.html

Rising energy demand has led to increased exploration and production activities at offshore sites in deep and ultra deep waters. Redevelopment of matured wells to increase production efficiency, technological advancements that make shale reservoirs and oil sands commercially viable. These factors act as key drivers for Subsea Well Access System market in Europe.

Early buyers will receive 10% customization on this report.
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Europe is a major market and its share is highest in the Subsea Well Access System market globally. As of 2013, the Subsea Well Access System market in Europe contributed a share of around 40% owing to developmental activities in offshore exploration and production.

This market is segmented and forecasted on the basis of types of Well Access System, such as Rig based well access system and Riserless well access system.

Get a copy of PDF Brochure @ http://www.micromarketmonitor.com/contact/1679195751-download_pdf_brochure.html.

This report also includes the market share, supply chain and value chain analysis, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide Well Access System.

Related Reports:

North America Subsea Well Access System (WAS) Market
The subsea well access system market in North America was valued at $391 million in the year 2013, and is forecasted to reach $534 million by the end of 2019. It is expected to grow at a CAGR of 7.7% from 2014 to 2019.The ‘Subsea Well Access System Market in North America- forecast, 2012-2019’ report analyzes 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 system market in North America has witnessed a high growth, and is expected to increase in the coming years, due to the increased requirement for new subsea wells and growth in need for intervention in old subsea wells. Increasing demand of energy and offshore exploration activities are other factors that are driving the subsea well access system market in North America. 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.
http://www.micromarketmonitor.com/market/north-america-subsea-well-access-system-was-7102578278.html

Africa Subsea Well Access System (WAS) Market
The subsea well access system market in Africa was valued at $512 million in the year 2013, and is forecast to reach $829 million by the end of 2019. It is projected to grow at a CAGR of 8.0% from 2014 to 2019.

The ‘Subsea Well Access System Market in Africa- 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 market in Africa will increase due to growing safety concerns and the need for improvised production efficiency. The increasing energy demand and offshore exploration activities are other factors, which will drive the subsea well access system market in Africa. 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.
http://www.micromarketmonitor.com/market/africa-subsea-well-access-system-was-9664347710.html

South America Subsea Well Access System (WAS) Market
The subsea well access system Market in South America was valued at $605 million in the year 2013, and is forecasted to reach $791 million by the end of 2019. It is projected to grow at a CAGR of 4.2% from 2014 to 2019.

The ‘Subsea Well Access System Market in South America- 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 South America will increase due to Increasing offshore drilling activities and developments in the region. The increasing energy demand and the need for improvised production efficiency are other factors which will drive the subsea well access system market in South America. 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.
http://www.micromarketmonitor.com/market/south-america-subsea-well-access-system-was-7572361772.html

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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Email: sales(at)micromarketmonitor(dot)com
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