India Subsea Pumps Market (2025-2031) Outlook | Growth, Revenue, Share, Companies, Analysis, Value, Size, Industry, Trends & Forecast

Market Forecast By Type (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial), By Application (Subsea Boosting, Subsea Injection, Subsea Separation, Subsea Gas Compression) And Competitive Landscape
Product Code: ETC4535425 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Subsea Pumps Market Import Shipment Trend (2020-2024)

The India subsea pumps market import shipments demonstrated robust growth with a CAGR of 12.3% from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024, indicating a temporary slowdown in market expansion. Overall, the market trend suggests resilience despite a recent dip in momentum.

Graph Showing India subsea pumps market Shipment Trend & Volume from 2020-2024

India Subsea Pumps Market Overview

The India subsea pumps market is a crucial component of the nation`s offshore oil and gas industry. Subsea pumps are specialized equipment used to transport oil and gas from underwater reservoirs to surface facilities. As India explores and produces oil and gas in offshore locations, the adoption of subsea pump technology has become increasingly important for efficient extraction and transportation of hydrocarbons. This market includes a wide range of subsea pump types, such as centrifugal, positive displacement, and multiphase pumps. The India subsea pumps market plays a pivotal role in facilitating the efficient and cost-effective extraction of offshore hydrocarbon resources, contributing to the nation`s energy supply and economic growth.

Drivers of the Market

The subsea pumps market in India is witnessing growth due to the expansion of offshore oil and gas operations and the increasing demand for subsea processing systems. Subsea pumps are integral for boosting and transporting hydrocarbons from subsea wells to surface facilities. As India explores deeper and more challenging offshore reserves, the need for efficient and reliable subsea pump systems is growing. Additionally, subsea processing solutions are gaining importance, and subsea pumps play a vital role in these systems, further contributing to market expansion.

Challenges of the Market

Challenges in the India Subsea Pumps Market involve the development of reliable subsea pump technology, managing maintenance and repairs in subsea environments, and addressing the impact of pump operations on the surrounding ecosystem.

COVID-19 Impact on the Market

The COVID-19 pandemic disrupted global supply chains, affecting the production and availability of subsea pumps in India. Reduced demand for oil and gas due to lockdowns and travel restrictions also impacted this market, leading to delays in project timelines and investments.

Key Players in the Market

Key players in this sector include TechnipFMC, OneSubsea (Cameron/Schlumberger), Aker Solutions, Flowserve Corporation, and General Electric.

Key Highlights of the Report:

  • India Subsea Pumps Market Outlook
  • Market Size of India Subsea Pumps Market, 2024
  • Forecast of India Subsea Pumps Market, 2031
  • Historical Data and Forecast of India Subsea Pumps Revenues & Volume for the Period 2021-2031
  • India Subsea Pumps Market Trend Evolution
  • India Subsea Pumps Market Drivers and Challenges
  • India Subsea Pumps Price Trends
  • India Subsea Pumps Porter's Five Forces
  • India Subsea Pumps Industry Life Cycle
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Helico-Axial for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By ESP for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Centrifugal for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Twin-Screw for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Hybrid for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Counter-Axial for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Subsea Boosting for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Subsea Injection for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Subsea Separation for the Period 2021-2031
  • Historical Data and Forecast of India Subsea Pumps Market Revenues & Volume By Subsea Gas Compression for the Period 2021-2031
  • India Subsea Pumps Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • India Subsea Pumps Top Companies Market Share
  • India Subsea Pumps Competitive Benchmarking By Technical and Operational Parameters
  • India Subsea Pumps Company Profiles
  • India Subsea Pumps Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Subsea Pumps Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Subsea Pumps Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Subsea Pumps Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Subsea Pumps Market Revenues & Volume, 2021 & 2031F

3.3 India Subsea Pumps Market - Industry Life Cycle

3.4 India Subsea Pumps Market - Porter's Five Forces

3.5 India Subsea Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Subsea Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Subsea Pumps Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing offshore oil gas exploration activities in India

4.2.2 Growing investments in renewable energy projects

4.2.3 Technological advancements in subsea pump systems

4.3 Market Restraints

4.3.1 High initial investment and operational costs

4.3.2 Environmental concerns related to subsea operations

4.3.3 Regulatory challenges and compliance requirements

5 India Subsea Pumps Market Trends

6 India Subsea Pumps Market, By Types

6.1 India Subsea Pumps Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Subsea Pumps Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Subsea Pumps Market Revenues & Volume, By Helico-Axial, 2021-2031F

6.1.4 India Subsea Pumps Market Revenues & Volume, By ESP, 2021-2031F

6.1.5 India Subsea Pumps Market Revenues & Volume, By Centrifugal, 2021-2031F

6.1.6 India Subsea Pumps Market Revenues & Volume, By Twin-Screw, 2021-2031F

6.1.7 India Subsea Pumps Market Revenues & Volume, By Hybrid, 2021-2031F

6.1.8 India Subsea Pumps Market Revenues & Volume, By Counter-Axial, 2021-2031F

6.2 India Subsea Pumps Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Subsea Pumps Market Revenues & Volume, By Subsea Boosting, 2021-2031F

6.2.3 India Subsea Pumps Market Revenues & Volume, By Subsea Injection, 2021-2031F

6.2.4 India Subsea Pumps Market Revenues & Volume, By Subsea Separation, 2021-2031F

6.2.5 India Subsea Pumps Market Revenues & Volume, By Subsea Gas Compression, 2021-2031F

7 India Subsea Pumps Market Import-Export Trade Statistics

7.1 India Subsea Pumps Market Export to Major Countries

7.2 India Subsea Pumps Market Imports from Major Countries

8 India Subsea Pumps Market Key Performance Indicators

8.1 Number of new offshore oil gas exploration projects in India

8.2 Percentage of renewable energy projects utilizing subsea pumps

8.3 Adoption rate of innovative subsea pump technologies

8.4 Maintenance cost reduction percentage through improved subsea pump systems

8.5 Percentage increase in efficiency of subsea pump operations

9 India Subsea Pumps Market - Opportunity Assessment

9.1 India Subsea Pumps Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Subsea Pumps Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Subsea Pumps Market - Competitive Landscape

10.1 India Subsea Pumps Market Revenue Share, By Companies, 2024

10.2 India Subsea Pumps Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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