Floating Production Systems Market - Global Industry Analysis, Size, Share, Growth By 2019

Florida, January 29, 2018: Market Research Engine has published a new report titled as “Floating Production Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”.

The global floating production systems market size was US$ 12,315 million in 2012 and is expected to reach more than US$ 38,532.6 million by 2019. The market is projected to register a compound annual growth rate (CAGR) of more than 17% during the forecast period. The increasing demand for crude oil and the increased focus on offshore exploration and production are expected to drive the market. However, rising mishaps leading to oil spills is hampering the growth of the market.

A glimpse of the report structure is provided in the report description available on the website.
https://www.marketresearchengine.com/reportdetails/floating-production-systems-market

In this report, the global floating production systems market is segmented by end user and region. The market on the basis of end user is segmented into floating production storage and offloading (FPSO), tension leg platform (TLP), spar, and floating storage and offloading (FSO). FPSO is expected to be the most dominating end user product in terms of demand for floating production systems. Various companies such as Royal Dutch Shell Plc, ENI, Petrobras, and Premier Oil are using FPSO to extract crude oil from offshore fields. FSO is similar to FPSO except for production facility that can be carried out on FPSO. Multiple tasks can be performed using FSOs such as floating, storage, and offloading. TLP and spar are also used for carrying out drilling activities in the offshore fields.

The global floating production systems market is segmented into:

By End Users
• FPSO
• TLP
• SPAR
• FSO

By Region
• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

The global floating production system market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional market and analyzes the variations in the growth of the industry in certain regions.

Bumi Armada Berhad, Keppel Offshore and Marine Ltd., Hyundai Heavy Industries Co. Ltd., Malaysia Marine and Heavy Engineering Holdings Berhad, Samsung Heavy Industries Co. Ltd., Mitsubishi Heavy Industries Ltd., SBM Offshore N.V., Technip S.A., Teekay Corp., and WorleyParsons Ltd. are the most active players in the floating production systems market.

This report covers the floating production system market, in terms of value, and forecasts the market size till 2019. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

The deep-dive study on the floating production system market will help customers with the identification of new market opportunities and targeted promotional plans.

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