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Middle East & Africa Subsea Risers Market
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Middle East & Africa Subsea Risers Market Analysis Report 2025: Market to Grow by a CAGR of 7.5 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Middle East & Africa Subsea Risers Market by Depth (Shallow, Deep, Ultra-Deep), by Product (SCR, Flexible, Others), by Middle East & Africa (United Arab Emirates, Saudi Arabia, South Africa, Egypt, Israel, Nigeria, Kenya) Forecast 2025-2033

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Middle East & Africa Subsea Risers Market Analysis Report 2025: Market to Grow by a CAGR of 7.5 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Key Insights

The size of the Middle East & Africa Subsea Risers Market was valued at USD 331.7 Million in 2023 and is projected to reach USD 550.31 Million by 2032, with an expected CAGR of 7.5% during the forecast period. The Subsea Risers Market in the Middle East & Africa emphasizes the creation and implementation of subsea riser systems essential for moving oil and gas from the ocean floor to offshore platforms or facilities. Subsea risers are vital elements in offshore drilling and production activities, offering a safe and effective channel for fluids such as oil, gas, and water, transporting them from the wellhead to surface installations. Due to the increasing energy demand and the investigation of offshore resources in the Middle East and Africa, the subsea riser market in these areas is seeing substantial expansion. The sector is propelled by technological innovations that enhance the reliability, safety, and efficiency of subsea risers, including improved materials, floating production systems, and sophisticated monitoring technologies. Moreover, the increasing emphasis on deepwater exploration and production, together with the demand for sustainable and economical offshore solutions, is driving market expansion. The Subsea Risers Market in the Middle East and Africa is poised for growth as oil and gas firms keep investing in offshore facilities to satisfy the rising global energy needs.

Middle East & Africa Subsea Risers Market Research Report - Market Size, Growth & Forecast

Middle East & Africa Subsea Risers Market Concentration & Characteristics

The market is moderately concentrated, with several established players competing for market share. Innovation is a key characteristic of the market, as companies invest in research and development to enhance the performance and reliability of subsea risers. Regulations governing offshore operations play a significant role in shaping the market's characteristics. Product substitutes, such as flexible risers and umbilicals, provide alternative solutions to rigid risers. End-user concentration is observed, with large oil and gas companies having a substantial influence on market dynamics. Mergers and acquisitions are occasionally observed, as companies seek to strengthen their position in the market.

Middle East & Africa Subsea Risers Market Trends

The market is driven by various trends, including the increasing adoption of subsea production systems, the rising demand for deepwater exploration, and technological advancements in riser design and materials. The growing focus on local content development is also expected to create opportunities for regional players. Key insights for the market include increasing offshore wind farm development, evolving safety regulations, and the application of artificial intelligence (AI) and machine learning (ML) in riser monitoring and maintenance.

Middle East & Africa Subsea Risers Market Growth

Key Region or Country & Segment to Dominate the Market

The United Arab Emirates (UAE) and Saudi Arabia are expected to dominate the Middle East & Africa subsea risers market due to their extensive offshore oil and gas exploration and production activities. The deepwater segment is projected to grow at a higher rate, driven by the increasing exploration in ultra-deepwater regions. Flexible risers are anticipated to gain prominence, primarily due to their adaptability to various subsea conditions.

Middle East & Africa Subsea Risers Market Product Insights Report Coverage & Deliverables

The report provides a comprehensive analysis of the product segments, including shallow, deep, and ultra-deep risers, as well as flexible and SCR risers. It includes market size, growth rate, and market share for each segment, along with industry dynamics, competitive landscapes, and future growth prospects. The report also covers key market trends, driving factors, challenges, and emerging technologies in the subsea risers industry.

Middle East & Africa Subsea Risers Market Analysis

The market size was valued at 331.7 Million in 2023 and is projected to grow at a CAGR of 7.5% during the forecast period 2024-2029. The growth is attributed to the rising demand for subsea equipment, increasing offshore exploration and production activities, and government initiatives to support local content development.

Middle East & Africa Subsea Risers Market Regional Insights

- Middle East: The Middle East sub-regional market is anticipated to witness significant growth due to the presence of major oil and gas producing countries such as the UAE, Saudi Arabia, and Qatar. The increasing offshore exploration and production activities in these countries are driving the demand for subsea risers.

- Africa: The African sub-regional market is expected to grow at a steady pace, driven by the growing exploration and production activities in countries such as Nigeria, Angola, and Egypt. The increasing investment in offshore oil and gas projects is supporting the growth of the subsea risers market in the region.

Driving Forces: What's Propelling the Middle East & Africa Subsea Risers Market

  • Increasing offshore exploration and production activities
  • Rising demand for subsea equipment to enhance production efficiency
  • Government initiatives to encourage local content and technology adoption
  • Growing focus on deepwater exploration
  • Technological advancements in riser design and materials

Challenges and Restraints in Middle East & Africa Subsea Risers Market

  • Stringent regulations governing offshore operations
  • Product substitutes, such as flexible risers and umbilicals
  • End-user concentration
  • Fluctuations in oil and gas prices
  • Availability of skilled workforce

Emerging Trends in Middle East & Africa Subsea Risers Market

  • Increasing adoption of subsea production systems
  • Evolving safety regulations
  • Application of artificial intelligence (AI) and machine learning (ML) in riser monitoring and maintenance
  • Growing focus on local content development
  • Development of offshore wind farms

Middle East & Africa Subsea Risers Industry News

  • In July 2024, Subsea7's vessel, Seven Borealis, completed its offshore operations for Saudi Aramco's Marjan increment project in Saudi Arabia. The vessel installed 4 jackets, 13 risers, 9 topsides (PDM), and 20 pipelines.
  • In June 2023, Aquaterra Energy, in partnership with TPMC, announced the supply of offshore riser equipment and services for decommissioning eight wells at an 80 m water depth offshore located in Abu Dhabi.

Leading Players in the Middle East & Africa Subsea Risers Market

  • Acteon Group Operations (UK) Limited.
  • Aker Solutions
  • Aquaterra Energy Limited
  • Baker Hughes Company
  • Dril-Quip, Inc.
  • Hunting plc
  • John Wood Group PLC
  • Kinetic Pressure Control
  • Oil States Industries, Inc.
  • SLB
  • Subsea7
  • TechnipFMC plc
  • Tenaris
  • Vallourec
  • Weatherford

Middle East & Africa Subsea Risers Market Segmentation

  • 1. Depth
    • 1.1. Shallow
      • 1.1.1. SCR
      • 1.1.2. Flexible
      • 1.1.3. Others
    • 1.2. Deep
      • 1.2.1. SCR
      • 1.2.2. Flexible
      • 1.2.3. Others
    • 1.3. Ultra-Deep
      • 1.3.1. SCR
      • 1.3.2. Flexible
      • 1.3.3. Others
  • 2. Product
    • 2.1. SCR
    • 2.2. Flexible
    • 2.3. Others

Middle East & Africa Subsea Risers Market Segmentation By Geography

  • 1. Middle East & Africa
    • 1.1. United Arab Emirates
    • 1.2. Saudi Arabia
    • 1.3. South Africa
    • 1.4. Egypt
    • 1.5. Israel
    • 1.6. Nigeria
    • 1.7. Kenya

Middle East & Africa Subsea Risers Market Regional Share

Middle East & Africa Subsea Risers Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 7.5% from 2019-2033
Segmentation
    • By Depth
      • Shallow
        • SCR
        • Flexible
        • Others
      • Deep
        • SCR
        • Flexible
        • Others
      • Ultra-Deep
        • SCR
        • Flexible
        • Others
    • By Product
      • SCR
      • Flexible
      • Others
  • By Geography
    • Middle East & Africa
      • United Arab Emirates
      • Saudi Arabia
      • South Africa
      • Egypt
      • Israel
      • Nigeria
      • Kenya
Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1 Increasing investments for exploration of oil reserves across water bodies
        • 3.2.2 Growing inclination toward development of marginal fields
      • 3.3. Market Restrains
        • 3.3.1. High drilling associated cost
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Middle East & Africa Subsea Risers Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Depth
      • 5.1.1. Shallow
        • 5.1.1.1. SCR
        • 5.1.1.2. Flexible
        • 5.1.1.3. Others
      • 5.1.2. Deep
        • 5.1.2.1. SCR
        • 5.1.2.2. Flexible
        • 5.1.2.3. Others
      • 5.1.3. Ultra-Deep
        • 5.1.3.1. SCR
        • 5.1.3.2. Flexible
        • 5.1.3.3. Others
    • 5.2. Market Analysis, Insights and Forecast - by Product
      • 5.2.1. SCR
      • 5.2.2. Flexible
      • 5.2.3. Others
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1. Middle East & Africa
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 Acteon Group Operations (UK) Limited.
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Aker Solutions
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 Aquaterra Energy Limited
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 Baker Hughes Company
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 Dril-Quip Inc.
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 Hunting plc
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 John Wood Group PLC
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 Kinetic Pressure Control
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Oil States Industries Inc.
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 SLB
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)
        • 6.2.11 Subsea7
          • 6.2.11.1. Overview
          • 6.2.11.2. Products
          • 6.2.11.3. SWOT Analysis
          • 6.2.11.4. Recent Developments
          • 6.2.11.5. Financials (Based on Availability)
        • 6.2.12 TechnipFMC plc
          • 6.2.12.1. Overview
          • 6.2.12.2. Products
          • 6.2.12.3. SWOT Analysis
          • 6.2.12.4. Recent Developments
          • 6.2.12.5. Financials (Based on Availability)
        • 6.2.13 Tenaris
          • 6.2.13.1. Overview
          • 6.2.13.2. Products
          • 6.2.13.3. SWOT Analysis
          • 6.2.13.4. Recent Developments
          • 6.2.13.5. Financials (Based on Availability)
        • 6.2.14 Vallourec
          • 6.2.14.1. Overview
          • 6.2.14.2. Products
          • 6.2.14.3. SWOT Analysis
          • 6.2.14.4. Recent Developments
          • 6.2.14.5. Financials (Based on Availability)
        • 6.2.15 Weatherford
          • 6.2.15.1. Overview
          • 6.2.15.2. Products
          • 6.2.15.3. SWOT Analysis
          • 6.2.15.4. Recent Developments
          • 6.2.15.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Middle East & Africa Subsea Risers Market Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: Middle East & Africa Subsea Risers Market Share (%) by Company 2024
List of Tables
  1. Table 1: Middle East & Africa Subsea Risers Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Middle East & Africa Subsea Risers Market Revenue Million Forecast, by Depth 2019 & 2032
  3. Table 3: Middle East & Africa Subsea Risers Market Revenue Million Forecast, by Product 2019 & 2032
  4. Table 4: Middle East & Africa Subsea Risers Market Revenue Million Forecast, by Region 2019 & 2032
  5. Table 5: Middle East & Africa Subsea Risers Market Revenue Million Forecast, by Depth 2019 & 2032
  6. Table 6: Middle East & Africa Subsea Risers Market Revenue Million Forecast, by Product 2019 & 2032
  7. Table 7: Middle East & Africa Subsea Risers Market Revenue Million Forecast, by Country 2019 & 2032
  8. Table 8: United Arab Emirates Middle East & Africa Subsea Risers Market Revenue (Million) Forecast, by Application 2019 & 2032
  9. Table 9: Saudi Arabia Middle East & Africa Subsea Risers Market Revenue (Million) Forecast, by Application 2019 & 2032
  10. Table 10: South Africa Middle East & Africa Subsea Risers Market Revenue (Million) Forecast, by Application 2019 & 2032
  11. Table 11: Egypt Middle East & Africa Subsea Risers Market Revenue (Million) Forecast, by Application 2019 & 2032
  12. Table 12: Israel Middle East & Africa Subsea Risers Market Revenue (Million) Forecast, by Application 2019 & 2032
  13. Table 13: Nigeria Middle East & Africa Subsea Risers Market Revenue (Million) Forecast, by Application 2019 & 2032
  14. Table 14: Kenya Middle East & Africa Subsea Risers Market Revenue (Million) Forecast, by Application 2019 & 2032

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.

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