Offshore Mooring Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-2730 | Report Format : | Status : Upcoming |

Abstract

Global Offshore Mooring Systems Market: Overview

A device that helps the anchorage of the ships or floating vessels and platforms across all sorts of water depths is recognized as offshore mooring system. Mooring is an enduring structure on which a vessel is tied in or secured. A mooring system jointly stalls free movement of a ship on water, as a result, assisting it for its explicit and desired usage. Mooring system comprises of anchors, steel/synthetic, shackles, mooring lines, wires, and chains. Environmental conditions and vessel type like drifting forces/wave swell, wind & current forces determines element and equipment to be utilized in a particular mooring system.

Global Offshore Mooring Systems Market: Growth Factors

Growing population and rise in per capita energy usage anticipates boosting the overall offshore mooring systems market growth. High technical expansion concerning highest utilization of wave energy and wind energy is expected to benefit the overall market. Growth in oil and gas production and the increasing expansion of shale drilling regions for significant development in the future is anticipated to boost the demand for the global offshore mooring systems market. In addition to this, growing applications of offshore mooring in semi-submersibles and floating production storage and offloading (FPSOs) is anticipated to drive the offshore mooring systems market growth. Besides, the rise in demand for the surge in offshore exploration & energy and production will propel the market growth.

Global Offshore Mooring Systems Market: Segmentation

The global offshore mooring systems market is categorized based on type, anchorage, application, and depth. Based on the type, the market is divided into single point mooring, taut leg system, semi-taut leg system, spread mooring, and dynamic positioning mooring. Based on anchorage, the offshore mooring systems market is classified into suction anchors, vertical load anchors, and drag embedment anchors. On the basis of application, the offshore mooring systems market is categorized into floating production storage & offloading (FPSO), SPAR, floating liquefied natural gas (FLNG), tension leg, and semi-submersible platforms. Based on depth, the offshore mooring systems market is divided into shallow and deep.

Global Offshore Mooring Systems Market: Regional Analysis

The global offshore mooring systems market is classified based on the regions such as Europe, North America, Asia Pacific, and the Middle East & Africa. Asia Pacific is anticipated to dominate the global offshore mooring systems market in the future. In addition, European offshore mooring systems market is projected to witness momentous growth due to increasing demand in industries such as renewable energy, subsea exploration, and petroleum. The global offshore mooring industry in the Middle East is expected to develop in the years to come in spite of several disputes faced worldwide.

Global Offshore Mooring Systems Market: Competitive Players

Some of the important market players in the global offshore mooring systems market are MDEC, Inc., SBM Offshore N.V., Grup Servicii Petroliere S.A, BW Offshore Ltd., FMC Technologies Inc., Trelleborg Marine Systems, Mooring Systems Inc., Mampaey Offshore Industries B.V., Timberland Equipment Ltd., and Delmar Systems, Inc., among others.

Global Offshore Mooring Systems Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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