라이저 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 유형별, 수심별, 지역별, 경쟁(2021-2031년)

The Global Risers Market is projected to expand significantly, from USD 7.91 billion in 2025 to USD 13.11 billion by 2031, demonstrating an 8.79% Compound Annual Growth Rate. This market specifically caters to the demand for specialized conduit systems essential for transporting fluids like crude oil, natural gas, and injection fluids from the seabed to surface facilities during offshore operations. Key growth drivers include a renewed focus on deepwater and ultra-deepwater exploration, particularly in regions such as South America and West Africa, alongside the urgent need to replace aging subsea infrastructure in mature fields. This growth is supported by consistent drilling activities, with the global offshore active rig fleet maintaining an 80% utilization rate across 502 units in 2025, according to the International Association of Drilling Contractors, highlighting a strong operational demand for drilling risers and related subsea assets.

Despite this positive trajectory, the market faces considerable headwinds, primarily stemming from the volatile costs of raw materials and the substantial capital investment required for deepwater projects. Unpredictable fluctuations in steel prices and the inherent financial risks associated with complex subsea installations can deter new investments and delay project approvals, especially for marginal fields. Furthermore, major energy operators are increasingly adopting strict capital discipline, prioritizing short-cycle returns over long-term, capital-intensive developments, which subjects funding for large-scale riser systems to intense and often prolonged financial scrutiny.

Market Driver

The expansion of deepwater and ultra-deepwater exploration activities serves as a primary catalyst for the Global Risers Market. As major energy operators increasingly deplete shallow-water reserves, they are progressively targeting intricate geological formations in areas such as South America and West Africa. This strategic shift necessitates the deployment of high-specification riser systems capable of enduring extreme hydrostatic pressures, directly translating into significant equipment contracts for subsea engineering firms, underscoring the vital role of advanced conduit infrastructure in these demanding environments. For example, TechnipFMC's third-quarter 2025 results revealed subsea inbound orders totaling $2.4 billion, largely driven by integrated project awards in the deepwater sectors of Guyana and Brazil.

A resurgence in offshore project final investment decisions (FIDs) is simultaneously bolstering market growth by securing the necessary capital for long-cycle developments. Energy companies are displaying renewed confidence in offshore economics, leading to the sanctioning of large-scale greenfield projects that require extensive networks of drilling and production risers. A notable illustration of this trend occurred when ExxonMobil sanctioned the $6.8 billion Hammerhead deepwater development in January 2026, as reported by Offshore-Energy.biz, ensuring robust future demand for riser installation services. This wave of project approvals has successfully replenished contractor order books; Subsea7's third-quarter 2025 report indicated a record backlog of $13.9 billion, signaling sustained operational activity across the global subsea supply chain.

Market Challenge

The Global Risers Market is significantly impeded by the high volatility of raw material costs and the immense capital required for deepwater projects. This financial instability creates an uncertain environment, making major energy operators increasingly reluctant to commit to the long-term funding necessary for complex riser systems. When raw material prices fluctuate unpredictably, the economic viability of marginal fields becomes unstable, often leading to the postponement of Final Investment Decisions (FIDs). Consequently, the market experiences a contraction as operators prioritize capital discipline, favoring short-cycle tie-backs over the capital-intensive greenfield developments that traditionally drive demand for new riser infrastructure.

This constraint on capital expenditure is supported by recent industry data; the International Energy Agency forecast a decline in global upstream oil and gas investment of approximately 4% to just under $570 billion in 2025. This reduction is primarily driven by strict cost management and reduced spending in price-sensitive basins, directly limiting the sanctioning of new offshore projects and thereby suppressing the volume of orders for drilling and production risers.

Market Trends

The rapid adoption of Thermoplastic Composite Pipe (TCP) technology is fundamentally transforming the material landscape of the Global Risers Market by effectively addressing critical challenges such as corrosion and topside weight limitations. Operators are increasingly opting for non-metallic, spoolable TCP solutions over traditional steel conduits, as they offer superior fatigue resistance and significantly lower total installed costs, particularly in highly corrosive fluid environments. This material transition is gaining considerable commercial traction beyond initial pilot phases; in January 2025, Strohm secured a landmark agreement to supply 33 kilometers of TCP flowlines for the Saudi Aramco Fadhili Expansion, validating the technology's scalability for critical energy infrastructure. By eliminating corrosion-related maintenance and reducing the vessel requirements for installation, TCP architectures are emerging as a preferred standard for extending the operational lifespan of subsea assets.

Concurrently, the emergence of riser retrofitting for Carbon Capture and Storage (CCS) applications is establishing a distinct market segment focused on the transport and injection of supercritical CO2. This trend necessitates the deployment of specialized, high-specification risers capable of withstanding the unique phase behaviors and decompression risks associated with dense-phase carbon dioxide, thereby driving new engineering, procurement, and construction contracts. The scale of investment in this area is expanding rapidly as major storage hubs advance; Aker Solutions received a significant contract valued between NOK 1.5 billion and NOK 2.5 billion in April 2025 to deliver onshore and subsea facilities for the second phase of the Northern Lights carbon storage project. This highlights the growing financial commitment to adapting offshore conduit systems for the energy transition, ensuring the establishment of safe and reliable CO2 sequestration networks.

Key Market Players

• Aker Solutions ASA
• ASK Chemicals GmbH
• Baker Hughes Company
• Claxton Engineering Services Ltd
• DNV AS
• NOV Inc.
• Subsea 7 S.A.
• Saipem S.p.A.
• TechnipFMC plc
• Vallourec S.A.

Report Scope

In this report, the Global Risers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Risers Market, By Type

• Risers
• Riser Sleeves
• Others

Risers Market, By Water Depth

• Shallow water
• Deep Water

Risers Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Risers Market.

Available Customizations:

Global Risers Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Risers Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Risers, Riser Sleeves, Others)
  • 5.2.2. By Water Depth (Shallow water, Deep Water)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Risers Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Water Depth
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Risers Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Water Depth
  • 6.3.2. Canada Risers Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Water Depth
  • 6.3.3. Mexico Risers Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Water Depth

7. Europe Risers Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Water Depth
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Risers Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Water Depth
  • 7.3.2. France Risers Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Water Depth
  • 7.3.3. United Kingdom Risers Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Water Depth
  • 7.3.4. Italy Risers Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Water Depth
  • 7.3.5. Spain Risers Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Water Depth

8. Asia Pacific Risers Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Water Depth
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Risers Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Water Depth
  • 8.3.2. India Risers Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Water Depth
  • 8.3.3. Japan Risers Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Water Depth
  • 8.3.4. South Korea Risers Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Water Depth
  • 8.3.5. Australia Risers Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Water Depth

9. Middle East & Africa Risers Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Water Depth
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Risers Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Water Depth
  • 9.3.2. UAE Risers Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Water Depth
  • 9.3.3. South Africa Risers Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Water Depth

10. South America Risers Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Water Depth
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Risers Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Water Depth
  • 10.3.2. Colombia Risers Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Water Depth
  • 10.3.3. Argentina Risers Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Water Depth

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Risers Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Aker Solutions ASA
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. ASK Chemicals GmbH
• 15.3. Baker Hughes Company
• 15.4. Claxton Engineering Services Ltd
• 15.5. DNV AS
• 15.6. NOV Inc.
• 15.7. Subsea 7 S.A.
• 15.8. Saipem S.p.A.
• 15.9. TechnipFMC plc
• 15.10. Vallourec S.A.

16. Strategic Recommendations

17. About Us & Disclaimer