Subsea Manifolds Market Size & Share, by Type (Template Manifold, Cluster Manifold, Pipeline End Manifold (PLEM)); Application (Production, Injection); Water Depth (Shallow Water, Deep Water) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5589
  • Published Date: Jan 31, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Subsea Manifolds Market size is anticipated to cross USD 7 Billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of subsea manifolds was over USD 4 Billion. The topside production technologies are not as profitable as subsea ones. In order to achieve optimal production levels, oil & gas exploration companies that operate in offshore producing fields with heavy oils and low reservoir pressures choose to deploy this technology. The main piece of equipment used to control the flow from subsea production wells to numerous production flowline headers is subsea manifold systems. In 2020, there were 483,326 wells in the US producing natural gas and gas condensate. Therefore, the growing number of subsea wells is driving the growth of the market.

Deepwater exploration cannot begin until subsea equipment used for resource extraction and transportation complies with regulations. Drilling equipment and pipes corrode and break down in the deep-sea environment due to high pressure and temperature fluctuations. This means that sophisticated machinery, including subsea manifolds with improved resistance to corrosion and weathering, is required.

Subsea Manifolds Market overview
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Subsea Manifolds Market: Key Insights

Base Year


Forecast Year



~ 5%

Base Year Market Size (2023)

 ~ USD 4 Billion

Forecast Year Market Size (2036)

 ~ USD 7 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Subsea Manifolds Sector: Growth Drivers and Challenges


Growth Drivers

  • Growing Expansion in Offshore Activities - The subsea manifolds market is developing because of the increasing growth of offshore activities, which are pushing exploration and production into deeper oceans and more difficult settings. Subsea manifolds are also more necessary as offshore activities grow to facilitate the development of new offshore fields and the optimization of existing ones. Subsea manifolds also make it possible to apply different production tactics, like boosting and subsea processing, which improve the recovery factors and production rates in offshore fields. As per a report, in 2020, offshore oil production made up around 30% of the world's total oil production. In 2019, the share of deepwater and ultra-deepwater projects in total offshore oil production was approximately 9.5%.
  • The Surge in the Demand for Subsea Manifolds in the Oil & Gas Industry - Future developments in the subsea manifolds market are expected due to the increasing demand for gas and oil. Subsea manifolds have been used in the oil & gas industry to transfer gas or oil from wellheads into pipelines. Exploration and production activities are moving into farther-flung areas and deeper oceans as the demand for gas and oil rises. In these demanding conditions, efficient and economical manufacturing is made possible by subsea manifolds. Furthermore, because subsea manifolds can adapt to shifting reservoir conditions and facilitate the use of various production tactics, they provide production flexibility.
  • Growing Technological Advancements in Subsea Technology - Intelligent subsea systems refer to the integration of sensors, communication systems, and automation technology in subsea equipment. These systems enable real-time monitoring of various parameters such as pressure, temperature, flow rates, and equipment conditions. By collecting and analyzing this data, operators can make informed decisions and optimize subsea operations. Also, the integration of subsea robots or remotely operated vehicles (ROVs), is accelerating the growth of the subsea manifolds market. ROVs can be remotely controlled from surface vessels or operated autonomously. They can reach great depths, withstand high pressures, and provide visual feedback to operators. Therefore, these innovative advancements in subsea technology are propelling the growth of the market.


  • High Initial Costs - The installation and operation of subsea manifolds involve significant upfront capital costs. The complexity of these systems, coupled with the challenging subsea environment, contributes to the overall project expenses.
  • Complex Subsea Environment may Hinder the Growth of the Subsea Manifolds Market
  • Fluctuating Prices of Oil and Gas Industry may Hamper Market Growth

Subsea Manifolds Segmentation

Application (Production, Injection)

Production segment for the subsea manifolds market is expected to hold a share of 54% during the forecast period. E&P businesses employ subsea manifolds for production purposes for a variety of functions, such as isolation, sampling, allocation management, and well-testing. These systems are submerged structures made of valves and piping that are created and developed to mix and guide the produced resources from the wells into several flow lines. The subsea production manifolds' adaptable design permits the simultaneous distribution of gas lift from several wells and flow line connections by the operators. It is possible to achieve horizontal or vertical flow line connections with these technologies. Compact structural design, direct mounting to the intended foundation, reconfigurability via retrievable or internal pigging loops for round-trip pigging, and installation of an easier-to-install jumper are some of the advantages and features of the vertical flow line connections.

Type (Template Manifold, Cluster Manifold, Pipeline End Manifold (PLEM))

Pipeline end manifold (PLEM) segment for the subsea manifolds market is expected to hold a share of 43% during the projected period. Effective and dependable ways to move the generated hydrocarbons from the bottom to the surface are required as offshore oil and gas production grows. It is projected that by 2025, 28% of the world's crude oil production will come from offshore sources. High pressures and corrosive substances are just two of the challenging circumstances that PLEMs must endure in the subsea environment. They give the subsea pipes a safe point of connection, allowing hydrocarbons to be transferred without compromising the system's integrity. Furthermore, access to previously unexplored offshore assets is now feasible due to developments in subsea technology. The necessity for PLEMs has increased as a result of the growth of already established subsea fields and the creation of new ones. Therefore, these factors are contributing to the expansion of the pipeline end manifold (PLEM) segment.

Our in-depth analysis of the global subsea manifolds market includes the following segments:


  • Template Manifold
  • Cluster Manifold
  • Pipeline End Manifold (PLEM)


  • Production
  • Injection

          Water Depth

  • Shallow Water
  • Deep Water

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Subsea Manifolds Industry - Regional Synopsis

European Market Forecast

European subsea manifolds market is expected to hold the largest share of 35% by the end of 2036. One of the fastest-growing regions in the world with a developed offshore sector is Europe. Major producers of oil and gas, equipment, and services are situated close to the North Sea. Because of the ease with which technology, knowledge, and supply chain networks can be accessed, projects can be completed quickly and with dependable assistance. Russia is a significant producer and exporter of natural gas and oil, and the export of energy is vital to the country's economy. Furthermore, the Russian government failed to establish any legislation or any meaningful measures to regulate hydraulic fracturing in the area. Additionally, Russia possesses the greatest undiscovered shale oil deposits in the world, offering participants excellent investment opportunities.

APAC Market Statistics

Subsea manifolds market in Asia Pacific is poised to hold a share of 27% during the forecast period. Over the next eight years, the government's intentions to increase the region's current shale gas production capacity along with the increasing acreage in shale basins are anticipated to propel subsea manifolds market expansion in this region. The region’s exploration and production activities are likely to rise, and favorable government backing will help to boost offshore drilling in the nation. Through subsidies, the governments in the region are promoting the extraction of coal bed methane (CBM).

Research Nester
Subsea Manifolds Market size
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Companies Dominating the Subsea Manifolds Market

    • Baker Hughes
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Aker Solutions
    • TechnipFMC
    • Schlumberger
    • Chevron Australia Pty Ltd.
    • Mitsui Marine Development Co., Ltd.


In The News

  • August 2021 - Baker Hughes has been contracted by Chevron Australia Pty Ltd. to supply subsea compression manifold technology for the Jansz-Io Compression project. The business will offer a subsea compression manifold structure with module and foundation, as well as the most recent optimized version of its horizontal clamp connector system and subsea controls, all driven by Baker Hughes' Subsea Connect early engagement methodology.
  • March 2021 - ConocoPhillips has awarded Aker Solutions a sizable contract to supply a subsea production system for the Eldfisk North development off the coast of Norway. The field will be connected to the Eldfisk Complex and developed as a subsea satellite.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 5589
  • Published Date: Jan 31, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing expansion in offshore activities, surge in the demand for subsea manifolds in the oil & gas industry, and rising technological advancements in subsea manifolds are the major factors driving the growth of the Subsea Manifolds market.

The market size of Subsea Manifolds is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.

The major players in the market are Baker Hughes, Aker Solutions, TechnipFMC, Schlumberger, Chevron Australia Pvt Ltd, Mitsui Marine Development Co., Ltd., Yokogawa Electric Corporation, Mitsubishi Heavy Industries, Ltd., Chiyoda Corporation, Cosmo Eco Power Co., Ltd, and others.

The production segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Europe region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Subsea Manifolds Market Report Scope

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