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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

tion 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.

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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.

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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 ma
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