Umbilical Market Scope and Size by 2031
An umbilical cable is a cable system that connects offshore facilities such as a ship, a subsea flow station, or a floating oil rig to the surface or a logistic source. Umbilical cables connect from the surface facility to the subsea development through an Umbilical Termination Structure from which the services are transported to various subsea equipment.
MARKET SCOPE
The "Global Umbilical Market Analysis 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on global market trend analysis. The report aims to provide an overview of the Umbilical Market with detailed market segmentation into by type, by application, and by region. The Umbilical Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Umbilical Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Umbilical Market has been segmented into by type, and by application. By type the market has been bifurcated into hydraulic, electro hydraulic, electro-fiber hydraulic, and remote operated vehicle umbilical cables. By application the market has been bifurcated into subsea, offshore, onshore, oil and gas, and others.
MARKET DYNAMICS
Growth Factors
Restraints
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Umbilical Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Umbilical Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Umbilical Market in these regions.
Impact of Covid 19 on Umbilical Market
The Covid-19 pandemic has had a significant impact on the umbilical market. Manufacturing facilities around the world were shut down during the initial stages due to government restrictions and mass lockdowns. Due to the shortage in availability of raw materials and the economic crisis market players faced significant problems while manufacturing umbilical cords. Simultaneously the oil and gas faced a decline in the demand and supply of oil and gas which affected the umbilical market. Offshore and Onshore facilities were shut down during the initial stages which affected the market in a negative way. Since 2021 the Umbilical Market is growing slowly but steadily as restrictions are being lifted and is expected to grow in the coming years.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Umbilical Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Umbilical Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Umbilical Market in these regions.
Impact of Covid 19 on Umbilical Market
The Covid-19 pandemic has had a significant impact on the umbilical market. Manufacturing facilities around the world were shut down during the initial stages due to government restrictions and mass lockdowns. Due to the shortage in availability of raw materials and the economic crisis market players faced significant problems while manufacturing umbilical cords. Simultaneously the oil and gas faced a decline in the demand and supply of oil and gas which affected the umbilical market. Offshore and Onshore facilities were shut down during the initial stages which affected the market in a negative way. Since 2021 the Umbilical Market is growing slowly but steadily as restrictions are being lifted and is expected to grow in the coming years.
MARKET PLAYERS
The report covers vital developments in the Umbilical Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the Umbilical Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Umbilical Market. Below mentioned is the list of a few companies engaged in the Umbilical Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Umbilical Market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Actuant Corporation
- Aker Solutions ASA
- JDR Cable Systems
- LS Cable & System
- Nexans Cabling Group
- Parker Hannifin Corp
- Sound Ocean Systems Inc.
- Technip
- Tyco Electronic Corporation
- Umbilicals International Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Umbilical Market - By Type
1.3.2Umbilical Market - By Application
1.3.3Umbilical Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.UMBILICAL MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.UMBILICAL MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.UMBILICAL MARKET - GLOBAL MARKET ANALYSIS
6.1.UMBILICAL - GLOBAL MARKET OVERVIEW
6.2.UMBILICAL - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.UMBILICAL MARKET - REVENUE AND FORECASTS TO 2028 " TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.HYDRAULIC
7.3.1.Overview
7.3.2.Hydraulic Market Forecast and Analysis
7.4.ELECTRO HYDRAULIC
7.4.1.Overview
7.4.2.Electro Hydraulic Market Forecast and Analysis
7.5.ELECTRO-FIBER HYDRAULIC
7.5.1.Overview
7.5.2.Electro-Fiber Hydraulic Market Forecast and Analysis
7.6.REMOTE OPERATED VEHICLE UMBILICAL CABLES
7.6.1.Overview
7.6.2.Remote Operated Vehicle Umbilical Cables Market Forecast and Analysis
8.UMBILICAL MARKET - REVENUE AND FORECASTS TO 2028 " APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.SUBSEA
8.3.1.Overview
8.3.2.Subsea Market Forecast and Analysis
8.4.OFFSHORE
8.4.1.Overview
8.4.2.Offshore Market Forecast and Analysis
8.5.ONSHORE
8.5.1.Overview
8.5.2.Onshore Market Forecast and Analysis
8.6.OIL AND GAS
8.6.1.Overview
8.6.2.Oil and Gas Market Forecast and Analysis
8.7.OTHERS
8.7.1.Overview
8.7.2.Others Market Forecast and Analysis
9.UMBILICAL MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Umbilical Market Overview
9.1.2North America Umbilical Market Forecasts and Analysis
9.1.3North America Umbilical Market Forecasts and Analysis - By Type
9.1.4North America Umbilical Market Forecasts and Analysis - By Application
9.1.5North America Umbilical Market Forecasts and Analysis - By Countries
9.1.5.1United States Umbilical Market
9.1.5.1.1United States Umbilical Market by Type
9.1.5.1.2United States Umbilical Market by Application
9.1.5.2Canada Umbilical Market
9.1.5.2.1Canada Umbilical Market by Type
9.1.5.2.2Canada Umbilical Market by Application
9.1.5.3Mexico Umbilical Market
9.1.5.3.1Mexico Umbilical Market by Type
9.1.5.3.2Mexico Umbilical Market by Application
9.2.EUROPE
9.2.1Europe Umbilical Market Overview
9.2.2Europe Umbilical Market Forecasts and Analysis
9.2.3Europe Umbilical Market Forecasts and Analysis - By Type
9.2.4Europe Umbilical Market Forecasts and Analysis - By Application
9.2.5Europe Umbilical Market Forecasts and Analysis - By Countries
9.2.5.1Germany Umbilical Market
9.2.5.1.1Germany Umbilical Market by Type
9.2.5.1.2Germany Umbilical Market by Application
9.2.5.2France Umbilical Market
9.2.5.2.1France Umbilical Market by Type
9.2.5.2.2France Umbilical Market by Application
9.2.5.3Italy Umbilical Market
9.2.5.3.1Italy Umbilical Market by Type
9.2.5.3.2Italy Umbilical Market by Application
9.2.5.4Spain Umbilical Market
9.2.5.4.1Spain Umbilical Market by Type
9.2.5.4.2Spain Umbilical Market by Application
9.2.5.5United Kingdom Umbilical Market
9.2.5.5.1United Kingdom Umbilical Market by Type
9.2.5.5.2United Kingdom Umbilical Market by Application
9.2.5.6Russia Umbilical Market
9.2.5.6.1Russia Umbilical Market by Type
9.2.5.6.2Russia Umbilical Market by Application
9.2.5.7Rest of Europe Umbilical Market
9.2.5.7.1Rest of Europe Umbilical Market by Type
9.2.5.7.2Rest of Europe Umbilical Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Umbilical Market Overview
9.3.2Asia-Pacific Umbilical Market Forecasts and Analysis
9.3.3Asia-Pacific Umbilical Market Forecasts and Analysis - By Type
9.3.4Asia-Pacific Umbilical Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Umbilical Market Forecasts and Analysis - By Countries
9.3.5.1Australia Umbilical Market
9.3.5.1.1Australia Umbilical Market by Type
9.3.5.1.2Australia Umbilical Market by Application
9.3.5.2China Umbilical Market
9.3.5.2.1China Umbilical Market by Type
9.3.5.2.2China Umbilical Market by Application
9.3.5.3India Umbilical Market
9.3.5.3.1India Umbilical Market by Type
9.3.5.3.2India Umbilical Market by Application
9.3.5.4Japan Umbilical Market
9.3.5.4.1Japan Umbilical Market by Type
9.3.5.4.2Japan Umbilical Market by Application
9.3.5.5South Korea Umbilical Market
9.3.5.5.1South Korea Umbilical Market by Type
9.3.5.5.2South Korea Umbilical Market by Application
9.3.5.6Rest of Asia-Pacific Umbilical Market
9.3.5.6.1Rest of Asia-Pacific Umbilical Market by Type
9.3.5.6.2Rest of Asia-Pacific Umbilical Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Umbilical Market Overview
9.4.2Middle East and Africa Umbilical Market Forecasts and Analysis
9.4.3Middle East and Africa Umbilical Market Forecasts and Analysis - By Type
9.4.4Middle East and Africa Umbilical Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Umbilical Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Umbilical Market
9.4.5.1.1South Africa Umbilical Market by Type
9.4.5.1.2South Africa Umbilical Market by Application
9.4.5.2Saudi Arabia Umbilical Market
9.4.5.2.1Saudi Arabia Umbilical Market by Type
9.4.5.2.2Saudi Arabia Umbilical Market by Application
9.4.5.3U.A.E Umbilical Market
9.4.5.3.1U.A.E Umbilical Market by Type
9.4.5.3.2U.A.E Umbilical Market by Application
9.4.5.4Rest of Middle East and Africa Umbilical Market
9.4.5.4.1Rest of Middle East and Africa Umbilical Market by Type
9.4.5.4.2Rest of Middle East and Africa Umbilical Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Umbilical Market Overview
9.5.2South and Central America Umbilical Market Forecasts and Analysis
9.5.3South and Central America Umbilical Market Forecasts and Analysis - By Type
9.5.4South and Central America Umbilical Market Forecasts and Analysis - By Application
9.5.5South and Central America Umbilical Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Umbilical Market
9.5.5.1.1Brazil Umbilical Market by Type
9.5.5.1.2Brazil Umbilical Market by Application
9.5.5.2Argentina Umbilical Market
9.5.5.2.1Argentina Umbilical Market by Type
9.5.5.2.2Argentina Umbilical Market by Application
9.5.5.3Rest of South and Central America Umbilical Market
9.5.5.3.1Rest of South and Central America Umbilical Market by Type
9.5.5.3.2Rest of South and Central America Umbilical Market by Application
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.UMBILICAL MARKET, KEY COMPANY PROFILES
11.1.ACTUANT CORPORATION
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.AKER SOLUTIONS ASA
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.JDR CABLE SYSTEMS
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.LS CABLE AND SYSTEM
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.NEXANS CABLING GROUP
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.PARKER HANNIFIN CORP
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.SOUND OCEAN SYSTEMS INC.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.TECHNIP
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.TYCO ELECTRONIC CORPORATION
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.UMBILICALS INTERNATIONAL INC.
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1.Actuant Corporation
2.Aker Solutions ASA
3.JDR Cable Systems
4.LS Cable and System
5.Nexans Cabling Group
6.Parker Hannifin Corp
7.Sound Ocean Systems Inc.
8.Technip
9.Tyco Electronic Corporation
10.Umbilicals International Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For