Global Offshore Mooring Systems Industry New developments, Landscape Analysis and Forecast to 2025 | The Insight Partners
The “Global Offshore Mooring Systems Industry report categories the global Industry by Type, Anchorage, Application, Depth and Geography” report provides a detailed overview of the major factors impacting the global Industry with the Industry share analysis and revenues of various sub segments.
Devices that helps the anchorage of the floating vessels or ships and platforms across all kind of water depths is known as offshore mooring system. A mooring line or an anchor attach the ship to the sea floor and it is important and critical for subsea production facilities. Wires, synthetic fiber ropes and chains or all the three together are used to make mooring lines. The global offshore mooring system is used in oil rigs, for extraction of oil from sea and transferring the oil onto ships. An offshore mooring system is also used in oil wells to extract crude oil.
The material type used in a particular mooring system is determined by environmental factors like currents, waves and wind. The rapid growth in energy industry and oil & gas will help in the rise of the overall global offshore mooring market. The increasing energy demand worldwide and increasing focus on clean electricity is expected to actuate the global Industry for offshore mooring system. Also, with the increase in per capita consumption of energy due to rising population will help to drive the Industry for offshore mooring system. Lack of technical knowledge, high investments and crude environment conditions under the sea will affect the Industry growth, however with the advancements in the technology, safety measures and training, the Industry is expected to grow at a decent pace.
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Global Offshore Mooring Systems consist of anchors, shackles, hooks, risers, connectors, buoys and synthetic ropes. Research organizations and different companies are taking initiatives that contributes the development of the Global Offshore Mooring Systems for precise operations. The integration of mooring systems with information technology and automation is driving the growth of the Industry by facilitating better precision of the operations, maximizing safety measures, reducing human efforts and data collection. Development of vessels such as FLNG, production, FPSO, drilling, storage, (FDPSO).and floating has boost the growth in the Industry for offshore mooring.
Positive growth events for the industry can be seen due to newly explored oil reserves in South China Sea, Brazil, Arctic region and North Sea. Many players from Japan, Australia and China are introducing themselves in the Industry with improved mooring systems solutions. The demand for drilling activities and subsea exploration are increasing with the rise in energy demand. Due to increase in the investments in deep, shallow and ultra-deep water research by the new companies, Europe Industry is growing. Decent growth can be seen in the Asia Pacific Industry for offshore mooring. Due the availability of crude oil wells in the Middle East, the Industry is expected to grow as well. Subsea activity can benefit the growth of the Industry in South America. The global offshore mooring Industry is dominated by North America and Europe majorly. Though, the key facilities of offshore production are located in the South America, Africa and Middle East but new projects are initiated in the Asia Pacific.
Segmentations Covered in the Offshore Mooring Systems Market
- Type : Taut-Leg System, Single Point Mooring, Spread Mooring, Semi Taut-Leg System, Dynamic Positioning Mooring
- Anchorage : Vertical Load Anchors, Suction Anchors, Drag Embedment Anchors
- Application : SPAR, Floating Production Storage & Offloading (FPSO), Tension Leg, Floating Liquefied Natural Gas (FLNG), Semi-Submersible Platforms
- Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Some of the leading players in Offshore Mooring Systems Market Report
- Offspring International
- Mampaey Offshore Industries B.V.
- Lamprell Energy Ltd.
- Advanced Production and Loading
- Balltec Limited
- HR Services & Equipment Inc.
- ScanaIndustrier ASA
- MODEC Inc.
- De Haan Mussel Kanaal B.V.
- Rigzone Mooring Systems
- Delmar Systems Inc.
- Balmoral Group
- BW Offshore Ltd
- Single Point Mooring Systems
- BW Offshore Ltd
- Blue Water Energy Services
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Reason to buy
- Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products
- The key findings and recommendations highlight crucial progressive industry trends in the Offshore Mooring Systems market, thereby allowing players across the value chain to develop effective long term strategies
- Get reliable information about the strategies manufacturers in this Industry use to drive revenue
- Gain insights into the competitive landscape, to strengthen Industry competitiveness and positioning
- Highlights key business priorities in order to assist companies to realign their business strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global Industry trends and outlook coupled with the factors driving the market, as well as the those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition
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