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Global Mooring Systems Market 2017-2021

  • Published: Oct 2017
  • Pages: 90
  • SKU: IRTNTR15560
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This industry research report identifies Balltec, Delmar Systems, MODEC, Offspring International, and SBM Offshore as the key vendors in the global mooring systems market. This industry research report also presents a comprehensive analysis of the market by application (FPSO, TLP, SPAR, and others) and by geography (the Americas, APAC, and EMEA).

Overview of the global mooring systems market

Technavio’s market study identifies the increasing oil and gas sub-sea exploration to be one of the primary growth factors for the mooring systems market. Increasing oil and gas exploration in offshore oil extraction fields and increased development of shale drilling regions influence the growth potential of mooring system. For instance, ExxonMobil contracted for conducting multi-beam bathymetry, and geotechnical and geotechnical survey in offshore Guyana at the site of the planned deepwater of Liza oil field development. Our market analysts estimate that this market will register a revenue of almost USD 2 billion by 2021.

Countries are transitioning from onshore facilities to offshore facilities to ensure steady strong and consistent supply of electricity. Floating wind turbine (FWT) is mounted on a floating structure that generates electricity through water depths. Offshore wind is stronger and consistent due to the absence of features that reduce wind flow. Wind farms combine several floating wind turbines to strengthen the power transmission facilities. The rising importance of renewable energy is identified to be one of the key trends contributing towards the growth of the mooring systems market.

Competitive landscape and key vendors

The mooring systems market is populated due to the presence of several international, regional, and local players offering customized mooring services and technology that caters to the customers’ requirements. Mooring systems suppliers supply equipment to the oil and gas extraction and production industry. Key vendors in the mooring anchor market are equipped with the integrated value chain and offer mooring systems with planning, technologies, design, components, and services.

The leading vendors in the market are

  • Balltec
  • Delmar Systems
  • MODEC
  • Offspring International
  • SBM Offshore

The other prominent vendors in the market are BW Offshore, Bluewater, Cavotec, Lamprell, Mampaey Offshore Industries, Timberland Equipment, National Oilwell Varco, and Usha Martin.

Segmentation by application and analysis of the mooring systems market

  • Floating production, storage, and offloading (FPSO)
  • Tension leg platform (TLP)
  • Single point anchor reservoir (SPAR)

Floating production, storage and offloading (FPSO) is a system that is used for a subsea reservoir and includes both storage and processing equipment for the produced hydrocarbons. FPSOs offer several advantages such as easy relocation, easy adaptability for operation in any depth, and high return on investments. Additionally, FPSOs provide economic solution offerings as they can easily disconnect from the mooring system.

Geographical segmentation and analysis of the mooring systems market

  • Americas
  • APAC
  • EMEA

Several vendors operating in Japan, Australia, and China are offering improved mooring systems to cater to the increasing demand for energy. Additionally, to reduce the import players in this region are investing heavily in oil and gas extraction activities. Recent discoveries in this region will contribute to the growth of the mooring systems market in APAC.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global mooring systems market?
  • What are the key market trends impacting the growth of the global mooring systems market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global mooring systems market?
  • What are the market opportunities and threats faced by the vendors in the global mooring systems market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global mooring systems market?

Technavio also offers customization on reports based on specific client requirement.

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • FPSO – market size and forecast
  • TLP – market size and forecast
  • SPAR – market size and forecast
  • Others – market size and forecast
  • Market opportunity by application

PART 07: REGIONAL LANDSCAPE

  • Geographical segmentation
  • APAC – market size and forecast
  • EMEA – market size and forecast
  • Americas – market size and forecast
  • Market opportunity

PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Rising importance of renewable energy
  • Rising use of efficient fleet management
  • Surge in LNG trade worldwide

PART 11: VENDOR ANALYSIS

  • Vendor overview
  • Competition scenario
  • Balltec
  • Delmar Systems
  • MODEC
  • Offspring International
  • SBM Offshore
  • Other prominent vendors

PART 12: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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