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- BUMI ARMADA BERHAD
- Bluewater Energy Services BV
- BP Plc
- BW Offshore Ltd.
- Chevron Corp.
- Exxon Mobil Corp.
- Mitsubishi Heavy Industries Ltd.
- MODEC Inc.
- Petroleo Brasileiro SA
- SBM Offshore NV
- Shell plc
- TechnipFMC plc
- TotalEnergies SE
- Woodside Energy Group Ltd.
- Yinson Holdings Berhad
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The floating production storage and offloading market is forecasted to grow by USD 8.58 bn during 2023-2028, accelerating at a CAGR of 6.34% during the forecast period. The report on the floating production storage and the offloading market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in offshore E and P activities, rising demand for energy, and growing demand for towed floating production storage and offloading.
Technavio's floating production storage and offloading market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.56% |
CAGR | 6.34% |
Incremental Value | $8.58bn |
By Type
By Product Type
By Geographical Landscape
- South America
- Middle East and Africa
- APAC
- Europe
- North America
This study identifies the increase in deepwater and ultra-deepwater projects as one of the prime reasons driving the floating production storage and offloading market growth during the next few years. Also, technological advances in floating production storage and offloading and a shift toward production from unconventional oil and gas resources will lead to sizable demand in the market.
The report on the floating production storage and offloading market covers the following areas:
- Floating production storage and offloading market sizing
- Floating production storage and offloading market forecast
- Floating production storage and offloading market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading floating production storage and offloading market vendors that include BUMI ARMADA BERHAD, Bluewater Energy Services BV, BP Plc, BW Offshore Ltd., Chevron Corp., China National Offshore Oil Corp., Exxon Mobil Corp., Hyundai Heavy Industries Co. Ltd., Mitsubishi Heavy Industries Ltd., MODEC Inc., Petroleo Brasileiro SA, Saipem S.p.A., SBM Offshore NV, Shell plc, TechnipFMC plc, TotalEnergies SE, Vietnam Oil and Gas Group, Woodside Energy Group Ltd., and Yinson Holdings Berhad. Also, the floating production storage and offloading market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
- 3.1 Market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
- 4.1 Global floating production storage and offloading market 2018 - 2022
- 4.2 Type Segment Analysis 2018 - 2022
- 4.3 Product Type Segment Analysis 2018 - 2022
- 4.4 Geography Segment Analysis 2018 - 2022
- 4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
- 5.1 Five forces summary
- 5.2 Bargaining power of buyers
- 5.3 Bargaining power of suppliers
- 5.4 Threat of new entrants
- 5.5 Threat of substitutes
- 5.6 Threat of rivalry
- 5.7 Market condition
6 Market Segmentation by Type
- 6.1 Market segments
- 6.2 Comparison by Type
- 6.3 Single - Market size and forecast 2023-2028
- 6.4 Double - Market size and forecast 2023-2028
- 6.5 Market opportunity by Type
7 Market Segmentation by Product Type
- 7.1 Market segments
- 7.2 Comparison by Product Type
- 7.3 Converted - Market size and forecast 2023-2028
- 7.4 Newly built - Market size and forecast 2023-2028
- 7.5 Market opportunity by Product Type
8 Customer Landscape
- 8.1 Customer landscape overview
9 Geographic Landscape
- 9.1 Geographic segmentation
- 9.2 Geographic comparison
- 9.3 South America - Market size and forecast 2023-2028
- 9.4 Middle East and Africa - Market size and forecast 2023-2028
- 9.5 APAC - Market size and forecast 2023-2028
- 9.6 Europe - Market size and forecast 2023-2028
- 9.7 North America - Market size and forecast 2023-2028
- 9.8 Brazil - Market size and forecast 2023-2028
- 9.9 UK - Market size and forecast 2023-2028
- 9.10 Angola - Market size and forecast 2023-2028
- 9.11 Nigeria - Market size and forecast 2023-2028
- 9.12 China - Market size and forecast 2023-2028
- 9.13 Market opportunity By Geographical Landscape
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- 11.3 Landscape disruption
- 11.4 Industry risks
12 Vendor Analysis
- 12.1 Vendors covered
- 12.2 Market positioning of vendors
- 12.3 BUMI ARMADA BERHAD
- 12.4 Bluewater Energy Services BV
- 12.5 BP Plc
- 12.6 BW Offshore Ltd.
- 12.7 Chevron Corp.
- 12.8 Exxon Mobil Corp.
- 12.9 Mitsubishi Heavy Industries Ltd.
- 12.10 MODEC Inc.
- 12.11 Petroleo Brasileiro SA
- 12.12 SBM Offshore NV
- 12.13 Shell plc
- 12.14 TechnipFMC plc
- 12.15 TotalEnergies SE
- 12.16 Woodside Energy Group Ltd.
- 12.17 Yinson Holdings Berhad
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- 13.3 Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 List of abbreviations