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Floating Production Systems: Global Strategic Business Report

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    Report

  • 236 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806455

Global Floating Production Systems Market to Reach $86.4 Billion by 2030

The global market for Floating Production Systems estimated at US$50 Billion in the year 2022, is projected to reach a revised size of US$86.4 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2022-2030. Floating Production Storage Offloading (FPSO), one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$49.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Tension Leg Platform (TLP) segment is readjusted to a revised 6.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $14.8 Billion, While China is Forecast to Grow at 6.5% CAGR

The Floating Production Systems market in the U.S. is estimated at US$14.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.8 Billion by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Select Competitors (Total 26 Featured) -

  • Bumi Armada Berhad
  • Hyundai Heavy Industries Co., Ltd.
  • Keppel Offshore & Marine Ltd
  • Malaysia Marine and Heavy Engineering Holdings Berhad
  • Mitsubishi Heavy Industries Ltd.
  • Samsung Heavy Industries
  • SBM Offshore NV
  • TechnipFMC PLC
  • Teekay Corporation
  • WorleyParsons Group

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and the publisher's Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Floating Production Systems

What is the estimated value of the Global Market for Floating Production Systems?

The Global Market for Floating Production Systems was estimated to be valued at $50 Billion in 2022.

What is the growth rate of the Global Market for Floating Production Systems?

The growth rate of the Global Market for Floating Production Systems is 7.1%, with an estimated value of $86.4 Billion by 2030.

What is the forecasted size of the Global Market for Floating Production Systems?

The Global Market for Floating Production Systems is estimated to be worth $86.4 Billion by 2030.

Who are the key companies in the Global Market for Floating Production Systems?

Key companies in the Global Market for Floating Production Systems include Bumi Armada Berhad, Hyundai Heavy Industries Co., Ltd., Keppel Offshore & Marine Ltd, Malaysia Marine and Heavy Engineering Holdings Berhad, Mitsubishi Heavy Industries Ltd., Samsung Heavy Industries, SBM Offshore NV, TechnipFMC PLC, Teekay Corporation and WorleyParsons Group.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Floating Production Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Floating Production Systems Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Floating Production Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for Floating Production Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for Floating Production Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Floating Production Storage Offloading (FPSO) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for Floating Production Storage Offloading (FPSO) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for Floating Production Storage Offloading (FPSO) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Tension Leg Platform (TLP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for Tension Leg Platform (TLP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for Tension Leg Platform (TLP) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for SPAR by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for SPAR by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for SPAR by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Barge by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Barge by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Barge by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Floating Production Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 20: USA Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: USA Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: USA 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • CANADA
  • Table 23: Canada Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 24: Canada Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: Canada 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • JAPAN
  • Floating Production Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 26: Japan Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: Japan Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: Japan 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • CHINA
  • Floating Production Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 29: China Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 30: China Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 31: China 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • EUROPE
  • Floating Production Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 32: Europe Recent Past, Current & Future Analysis for Floating Production Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 33: Europe Historic Review for Floating Production Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 34: Europe 16-Year Perspective for Floating Production Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
  • Table 35: Europe Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 36: Europe Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 37: Europe 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • FRANCE
  • Floating Production Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 38: France Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 39: France Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 40: France 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • GERMANY
  • Floating Production Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 41: Germany Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 42: Germany Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 43: Germany 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • ITALY
  • Table 44: Italy Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 45: Italy Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 46: Italy 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • UNITED KINGDOM
  • Floating Production Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 47: UK Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 48: UK Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 49: UK 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • REST OF EUROPE
  • Table 50: Rest of Europe Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 51: Rest of Europe Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 52: Rest of Europe 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • ASIA-PACIFIC
  • Floating Production Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 53: Asia-Pacific Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 54: Asia-Pacific Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 55: Asia-Pacific 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
  • REST OF WORLD
  • Table 56: Rest of World Recent Past, Current & Future Analysis for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 57: Rest of World Historic Review for Floating Production Systems by Type - Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 58: Rest of World 16-Year Perspective for Floating Production Systems by Type - Percentage Breakdown of Value Sales for Floating Production Storage Offloading (FPSO), Tension Leg Platform (TLP), SPAR, Barge and Other Types for the Years 2014, 2023 & 2030
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Bumi Armada Berhad
  • Hyundai Heavy Industries Co., Ltd.
  • Keppel Offshore & Marine Ltd
  • Malaysia Marine and Heavy Engineering Holdings Berhad
  • Mitsubishi Heavy Industries Ltd.
  • Samsung Heavy Industries
  • SBM Offshore NV
  • TechnipFMC PLC
  • Teekay Corporation
  • WorleyParsons Group