Market Overview:
Global Mooring Systems for Offshore Market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, at a CAGR of XX% during the forecast period. The market growth is primarily driven by increasing demand for oil & gas across the globe. The global mooring systems for offshore market can be segmented on the basis of type, application and region. On the basis of type, the market can be segmented into taut leg, spread mooring, semi taut, dynamic positioning and catenary. Tension leg platforms (TLPs), floating production storage and offloading vessels (FPSOs), semi-submersible platforms (SSPs), floating drilling rigs or floaters (FDPSOs) are major applications of mooring systems in offshore industry. North America dominates the global market with highest share followed by Europe and Asia Pacific region respectively.
Product Definition:
Mooring systems are used to secure vessels in offshore environments. They provide a stable connection between the vessel and the ocean floor, minimizing the risk of damage from storms or waves. Mooring systems are important for offshore operations because they help keep vessels in place, ensuring safety and stability during transport and drilling operations.
Taut Leg:
Taut leg is a term used in connection with the mooring system. It refers to the condition that exists when a ship has been moored at an angle of incidence (angle between its hull and some other object) such that there is no stretch or elongation in any part of its chain, cables or ropes. In other words, it means having zero percent lengthension in any part of the chain, cables or ropes.
Spread Mooring:
A spread mooring is a type of mooring used in areas with shallow waters. The system consists of one or more mooring buoys, which are connected by short lengths of chain or rope to several hundred feet long. Each buoy has an anchor at its bottom end and the other end is attached to a winch onshore. The anchors hold the system steady even when there's little or no wind and waves are small.
Application Insights:
On the basis of application, the offshore mooring systems market is segmented into tension leg platforms, floating production storage and offloading units (FPSO), semi-submersible platforms, Floating Dry Storage Offshore Oil (FDSO), spar platforms and FLNG. Mooring systems are used for various applications on these types of structures including positioning along with dynamic positioning or without moving parts at all. The FPSO segment dominated the overall market in terms of revenue in 2017 owing to its extensive use across numerous industries such as oil & gas, marine services and defense among others.
The tension leg platform segment is expected to witness significant growth over the forecast period due to its rising use in deepwater exploration activities by major oil companies such as BP plc., Statoil ASA., Repsol SAB de CV., Royal Dutch Shell plc among others operating in Latin America waters.
Regional Analysis:
North America was the leading market and accounted for over 35% of the overall revenue in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing offshore projects in U.S., such as development of offshore basins, Gulf Coast Project, South Louisiana Project, Mississippi River Delta Deepwater Channel Development project and other major projects under execution like Alaskan North Slope (ANSP) and Permian Basin Projects.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 owing to increasing number of oil & gas exploration activities off Vietnam coast which has resulted into increased utilization of mooring systems in this region.
Growth Factors:
- Increasing demand for energy: The global demand for energy is increasing rapidly and is expected to grow further in the coming years. This will lead to an increase in the use of offshore mooring systems for oil and gas production, storage, and transportation.
- Proliferation of floating wind turbines: Floating wind turbines are becoming increasingly popular due to their ability to be installed in deep waters where traditional fixed-bottom turbines cannot be deployed. This is driving the need for more advanced mooring systems that can safely secure these large structures in harsh environments.
- Expansion of offshore infrastructure: With the discovery of new oil and gas reserves off the coast of Brazil, Africa, and other regions, there is a growing need for robust offshore infrastructure including mooring systems that can handle extreme weather conditions.
- Increased focus on safety & environment: The oil & gas industry has come under increased scrutiny over the past few years due to several high-profile accidents involving drilling rigs and platforms. As a result, operators are now placing greater emphasis on safety and environmental protection measures, which includes using more reliable mooring systems capable of withstanding harsh conditions without causing harm to marine life or ecosystems . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Mooring Systems for Offshore Market Research Report
By Type
Taut Leg, Spread Mooring, Semi Taut, Dynamic Positioning, Catenary, Single Point Mooring
By Application
Tension Leg Platforms, FPSO, Semi-Submersible Platforms, FDPSO, SPAR Platforms, FLNG
By Companies
Mampaey Offshore Industries, Offspring International, Single Point Mooring Systems, Scana Industrier ASA, Rigzone Mooring Systems, Lamprell Energy, Balmoral Group, Advanced Production and Loading, Balltec Limited, Blue Water Energy Services, De Haan Mussel Kanaal, LHR Services & Equipment, SBM Offshore, Multinational Craig Energy Services, BW Offshore, MODEC, Delmar Systemts
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Mooring Systems for Offshore Market Report Segments:
The global Mooring Systems for Offshore market is segmented on the basis of:
Types
Taut Leg, Spread Mooring, Semi Taut, Dynamic Positioning, Catenary, Single Point Mooring
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tension Leg Platforms, FPSO, Semi-Submersible Platforms, FDPSO, SPAR Platforms, FLNG
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mampaey Offshore Industries
- Offspring International
- Single Point Mooring Systems
- Scana Industrier ASA
- Rigzone Mooring Systems
- Lamprell Energy
- Balmoral Group
- Advanced Production and Loading
- Balltec Limited
- Blue Water Energy Services
- De Haan Mussel Kanaal
- LHR Services & Equipment
- SBM Offshore
- Multinational Craig Energy Services
- BW Offshore
- MODEC
- Delmar Systemts
Highlights of The Mooring Systems for Offshore Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Taut Leg
- Spread Mooring
- Semi Taut
- Dynamic Positioning
- Catenary
- Single Point Mooring
- By Application:
- Tension Leg Platforms
- FPSO
- Semi-Submersible Platforms
- FDPSO
- SPAR Platforms
- FLNG
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mooring Systems for Offshore Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mooring systems are used to keep a vessel or offshore installation in a desired position.
Some of the key players operating in the mooring systems for offshore market are Mampaey Offshore Industries, Offspring International, Single Point Mooring Systems, Scana Industrier ASA, Rigzone Mooring Systems, Lamprell Energy, Balmoral Group, Advanced Production and Loading, Balltec Limited, Blue Water Energy Services, De Haan Mussel Kanaal, LHR Services & Equipment, SBM Offshore, Multinational Craig Energy Services, BW Offshore, MODEC, Delmar Systemts.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mooring Systems for Offshore Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mooring Systems for Offshore Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mooring Systems for Offshore Market - Supply Chain
4.5. Global Mooring Systems for Offshore Market Forecast
4.5.1. Mooring Systems for Offshore Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mooring Systems for Offshore Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mooring Systems for Offshore Market Absolute $ Opportunity
5. Global Mooring Systems for Offshore Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mooring Systems for Offshore Market Size and Volume Forecast by Type
5.3.1. Taut Leg
5.3.2. Spread Mooring
5.3.3. Semi Taut
5.3.4. Dynamic Positioning
5.3.5. Catenary
5.3.6. Single Point Mooring
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mooring Systems for Offshore Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mooring Systems for Offshore Market Size and Volume Forecast by Application
6.3.1. Tension Leg Platforms
6.3.2. FPSO
6.3.3. Semi-Submersible Platforms
6.3.4. FDPSO
6.3.5. SPAR Platforms
6.3.6. FLNG
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mooring Systems for Offshore Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mooring Systems for Offshore Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mooring Systems for Offshore Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mooring Systems for Offshore Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mooring Systems for Offshore Demand Share Forecast, 2019-2026
9. North America Mooring Systems for Offshore Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mooring Systems for Offshore Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mooring Systems for Offshore Market Size and Volume Forecast by Application
9.4.1. Tension Leg Platforms
9.4.2. FPSO
9.4.3. Semi-Submersible Platforms
9.4.4. FDPSO
9.4.5. SPAR Platforms
9.4.6. FLNG
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mooring Systems for Offshore Market Size and Volume Forecast by Type
9.7.1. Taut Leg
9.7.2. Spread Mooring
9.7.3. Semi Taut
9.7.4. Dynamic Positioning
9.7.5. Catenary
9.7.6. Single Point Mooring
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mooring Systems for Offshore Demand Share Forecast, 2019-2026
10. Latin America Mooring Systems for Offshore Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mooring Systems for Offshore Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mooring Systems for Offshore Market Size and Volume Forecast by Application
10.4.1. Tension Leg Platforms
10.4.2. FPSO
10.4.3. Semi-Submersible Platforms
10.4.4. FDPSO
10.4.5. SPAR Platforms
10.4.6. FLNG
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mooring Systems for Offshore Market Size and Volume Forecast by Type
10.7.1. Taut Leg
10.7.2. Spread Mooring
10.7.3. Semi Taut
10.7.4. Dynamic Positioning
10.7.5. Catenary
10.7.6. Single Point Mooring
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mooring Systems for Offshore Demand Share Forecast, 2019-2026
11. Europe Mooring Systems for Offshore Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mooring Systems for Offshore Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mooring Systems for Offshore Market Size and Volume Forecast by Application
11.4.1. Tension Leg Platforms
11.4.2. FPSO
11.4.3. Semi-Submersible Platforms
11.4.4. FDPSO
11.4.5. SPAR Platforms
11.4.6. FLNG
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mooring Systems for Offshore Market Size and Volume Forecast by Type
11.7.1. Taut Leg
11.7.2. Spread Mooring
11.7.3. Semi Taut
11.7.4. DynamicPositioning
11.7.5. Catenary
11.7.6. Single Point Mooring
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mooring Systems for Offshore Demand Share, 2019-2026
12. Asia Pacific Mooring Systems for Offshore Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mooring Systems for Offshore Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mooring Systems for Offshore Market Size and Volume Forecast by Application
12.4.1. Tension Leg Platforms
12.4.2. FPSO
12.4.3. Semi-Submersible Platforms
12.4.4. FDPSO
12.4.5. SPAR Platforms
12.4.6. FLNG
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mooring Systems for Offshore Market Size and Volume Forecast by Type
12.7.1. Taut Leg
12.7.2. Spread Mooring
12.7.3. Semi Taut
12.7.4. Dynamic Positioning
12.7.5. Catenary
12.7.6. Single Point Mooring
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mooring Systems for Offshore Demand Share, 2019-2026
13. Middle East & Africa Mooring Systems for Offshore Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mooring Systems for Offshore Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mooring Systems for Offshore Market Size and Volume Forecast by Application
13.4.1. Tension Leg Platforms
13.4.2. FPSO
13.4.3. Semi-Submersible Platforms
13.4.4. FDPSO
13.4.5. SPAR Platforms
13.4.6. FLNG
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mooring Systems for Offshore Market Size and Volume Forecast by Type
13.7.1. Taut Leg
13.7.2. Spread Mooring
13.7.3. Semi Taut
13.7.4. Dynamic Positioning
13.7.5. Catenary
13.7.6. Single Point Mooring
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mooring Systems for Offshore Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mooring Systems for Offshore Market: Market Share Analysis
14.2. Mooring Systems for Offshore Distributors and Customers
14.3. Mooring Systems for Offshore Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mampaey Offshore Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Offspring International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Single Point Mooring Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Scana Industrier ASA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rigzone Mooring Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lamprell Energy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Balmoral Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Advanced Production and Loading
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Balltec Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Blue Water Energy Services
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. De Haan Mussel Kanaal
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. LHR Services & Equipment
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SBM Offshore
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Multinational Craig Energy Services
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BW Offshore
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MODEC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Delmar Systemts
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
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