Press release
What are the Offshore Mooring Systems Market opportunities and threats faced by the vendors in this industry? Top Players in Offshore Mooring Systems Market are SBM Offshore, BW Offshore, FMC Technologies, Trelleborg Marine Systems UK, Mooring Systems Inc
The rising demand for crude oil is creating lucrative growth opportunities for the global offshore mooring systems market, says Fortune Business Insights in their new study. The study is titled, "Offshore Mooring Systems" Market Size, Share and Global Trend by Type (Single Point Mooring, Taut Leg System, Semi-taut Leg System), By Anchorage (Suction Anchors, Vertical Load Anchors, Drag Embedment Anchors), By Depth of Operation (Shallow Water, Deepwater), by Application (Floating Production Storage and Offloading, Floating Liquefied Natural Gas, Semi-Submersible Platforms), And Geography Forecast till 2026. The report studies in detail various factors promoting and challenging growth of the market.Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/offshore-mooring-systems-market-100564
The global offshore mooring systems market is segmented into deep water and shallow water on the basis of depth of operation. Fortune Business Insights predicts deepwater exploration operations to witness higher demand than the shallow ones, and thus the deep explorations are dominant in the market and anticipated to remain the same in the forthcoming years as well. Based on application, the market is expected to generate more revenue from the planned and deployed FPSO wherein this segment has witnessed larger demand as compared to their other platform counterparts such as SPAR, TLP, FLNG, and others.
Key Industry Developments
In May 2019, DNV GL announced its newly developed technique which lessens the risk of missing a line failure in offshore floating vessel mooring. This new system involves replacing physical sensors with a machine learning algorithm that accurately detects line failure.
In February 2019, Rystad a Norwegian oil and gas intelligence firm has stated that it expects 33 FPSOs to be sanctioned from 2019 till 2021 following a pick-up in oil and gas activity in the offshore sector. This will also help in more deployment of mooring systems.
In January 2019, TechnipFMC awarded Lankhorst Offshore a contract to provide mooring systems for Energean Power FPSO which would be working in Karish and Tanin Gas Fields.
Key Market Driver - Increasing energy consumption and decline in onshore oil and gas reserves
Key Market Restraint - High initial cost required for systems and unpredictable deep-sea conditions
For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/offshore-mooring-systems-market-100564
Some of the companies functioning in the global market are
Delmar Systems
BW Offshore Ltd
FMC Technologies Inc
Viking Sea Tech
Mampaey Offshore Industries BV
Group Servicii Petroliere SA
KTL Offshore Pte Ltd
Trelleborg Marine Systems
Timberland Equipment Ltd
Mooring Systems Inc
Baltec Systems Pvt. Ltd
MODEC
Intermoor Inc
SBM Offshore NV
Rise in Demand for Power Generation to Boost Market
Rise in demand for energy has increased the need for energy extraction. Energy extraction is carried out by the process of drilling and this is a major factor boosting the market. Rapid technological advancement in field of machinery, coupled with the rise in population and purchasing capacity of people especially in developed nations are expected to help augmentation of the market.
However, high machinery cost of machinery for wastewater treatment, and lack of skilled professionals may restrict the growth of the market. Nevertheless, the increasing awareness about water conservation and treatment, and its advantages are anticipated to bring growth opportunities to the market. Furthermore, the rise in need for recycling and reusing waste will help the market grow in the coming years.
Request for customization https://www.fortunebusinessinsights.com/enquiry/customization/offshore-mooring-systems-market-100564
Key Segmental Overview:
1. By Type
Single Point Mooring
Taut Leg System
Semi-taut Leg System
Spread Mooring
Dynamic Positioning Mooring
Others
2. By Anchorage
Suction Anchors
Vertical Load Anchors
Drag Embedment Anchors
Others
3. By Depth Of Operation
Shallow Water
Deepwater
4. By Application
Floating Production Storage and Offloading (FPSO)
Floating Liquefied Natural Gas (FLNG)
SPAR Platform
Tension Leg Platform (TLP)
Semi-Submersible Platforms
Others
5. By Geography
North America (The USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/offshore-mooring-systems-market-100564
Increasing Investments in Shallow and Deep Water Mooring to Help Europe Witness Remarkable Growth
Asia Pacific is anticipated to witness increasing drilling. This is attributable to the rise in drilling operations in and around the region, especially the developing nations such as India. The presence of numerous unexplored drilling sites in this regions is anticipated to boost the market in the coming years. On the other side, the market in Europe is expected to show strong growth in the forecast period on account of the increasing investments in both shallow and deep water mooring by key market players. Furthermore, the market in Latin America and North America will show steady growth because of the increase in subsea activities in places such as the USA in North America, and Brazil of Latin America.
Contract Awards and Other Innovations to Help Companies Gain Competitive Edge
The rate of progress in the global offshore mooring systems market is accelerated by the fruitful efforts of vendors. TechnipFMC, awarded a contract to Lankhorst Offshore in January 2019, for providing mooring systems for Energean Power FPSO. This system is designed for working in Tanin and Karish Gas Fields. Such type of progress clearly indicates the brighter future for the global offshore mooring systems market.
Major Table of Content For Offshore Mooring Systems Market:
Introduction
Executive Summary
Market Dynamics
Key Insights
Global Offshore Mooring Systems Market Analysis, Insights and Forecast, 2026
North America Offshore Mooring Systems Market Analysis, Insights and Forecast, 2026
Europe Offshore Mooring Systems Market Analysis, Insights and Forecast, 2026
Asia Pacific Offshore Mooring Systems Market Analysis, Insights and Forecast, 2026
Middle East and Africa Offshore Mooring Systems Market Analysis, Insights and Forecast, 2026
Latin America Offshore Mooring Systems Market Analysis, Insights and Forecast, 2026
Competitive Landscape
Company Profile
Conclusion
Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About us:
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights(TM)
LinkedIn | Twitter | Blogs
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What are the Offshore Mooring Systems Market opportunities and threats faced by the vendors in this industry? Top Players in Offshore Mooring Systems Market are SBM Offshore, BW Offshore, FMC Technologies, Trelleborg Marine Systems UK, Mooring Systems Inc here
News-ID: 1991856 • Views: …
More Releases from Fortune Business Insights Pvt. Ltd.
Luxury Goods Market Size Report, Trends, Overview, Outlook & Future Growth By 20 …
The global luxury goods market size was valued at USD 272.74 billion in 2022. The market is anticipated to grow from USD 284.00 billion in 2023 to USD 392.40 billion by 2030, exhibiting a CAGR of 4.7% during the forecast period.
Luxury products signify the status symbol of an individual. Businesses focus on high-income populations with visually appealing designs and technology-integrated products. For instance, NFC-installed chips in jewelry; a product called…
With 17.2% CAGR, Smart Glass market Market to Hit USD 15,788.0 Million by 2022-2 …
The global smart glass market size is anticipated to reach USD 15,788.0 million by 2027, owing to the rise in the use of smart glass for different applications such as aerospace, marine, architectural, and automotive.
Smart glass or switchable glass is glazing or a glass with altered transmission properties as and when heat, light, or voltage is applied. They are capable of changing their appearance from opaque to translucent to transparent…
Non-alcoholic Beverages Market Segmentation& Analysis, Industry Growth Forecast …
According to Fortune Business Insights ™, the global non-alcoholic beverages market size is anticipated to rise significantly on account of the current trend of health and fitness and the rising inclination towards healthy beverages. The value of this market was USD 919.13 billion in 2019 and is expected to rise at a CAGR of 8.20% between 2020 to 2027 to reach USD 1,257.77 billion by the end of 2027.
List of…
Intravenous Iron Drugs Market 2022: Global Technology, Segmentation, Growth, Dev …
Global Intravenous Iron Drugs Market Size research report 2022 offers an in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market. The demand for refractive surgeries is anticipated to increase, attributed to the rise in the aging population and excessive use of digital devices, which has increased the screen time of the world population due to the…
More Releases for Offshore
Offshore Supply Vessels Market Competitive Analysis By 2025 : Maersk, Siem Offsh …
This industry study presents the global Offshore Supply Vessels market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Offshore Supply Vessels production, revenue and market share by manufacturers, key regions and type. The consumption of Offshore Supply Vessels in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated…
Offshore Supply Vessels Market Outlook to 2025: Maersk, Siem Offshore, SEACOR Ma …
Offshore Supply Vessels Market report, industry trends have been explained on the macro level which makes it possible outline market landscape and probable future issues. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis.
The report analyses and estimates general market drivers in the form of consumer demand, government policy…
Offshore Supply Vessels Market Outlook to 2025 - Edison Chouest Offshore, Maersk …
With several global sectors and several top players churning the revenue mill in the Offshore Supply Vessels market in the Global industry with the help of their skills and knowledge in the Offshore Supply Vessels market, it is important to have an in-depth knowledge of their marketing strategies. This Offshore Supply Vessels report provides the same amount of knowledge of the Offshore Supply Vessels market regardless of marketing terminologies like…
Offshore Support Vessels Market Outlook to 2025: BOURBON, Tidewater Marine, Siem …
According to this study, the Offshore Support Vessels Market research report is a professional and in-depth research on the current state of the global market. Report gives comprehensive analysis of the market structure along with forecast of the various segments and sub-segments of the offshore support vessels market.
Offshore Support Vessels is a ship specially designed to supply offshore oil and gas platforms. These ships range from 50 to 100…
Offshore Supply Vessel Market to 2025 - Edison Chouest Offshore, Maersk Global S …
Offshore Supply Vessels market is also presented to the readers as a holistic snapshot of the competitive landscape within the given forecast period. The report also educates about the market strategies that are being adopted by your competitors and leading organizations. The report also focuses on all the recent industry trends. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of…
Global Offshore Mooring Systems Market 2018-2025: SBM Offshore, BW Offshore, Del …
ResearchMoz include new market research report "Global Offshore Mooring Systems Market Insights, Forecast to 2025" to its huge collection of research reports.
The Offshore Mooring Systems market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to…
