Global Floating Production Storage and Offloading Equipment Supply, Demand and Key Producers, 2023-2029

Global Floating Production Storage and Offloading Equipment Supply, Demand and Key Producers, 2023-2029

The global Floating Production Storage and Offloading Equipment market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Floating Production Storage and Offloading Equipment (FPSO) is a type of offshore oil extraction equipment commonly used in deep-sea oil fields far from land. It is a floating production, storage, and unloading facility that combines production, storage, and unloading functions in one. FPSO is typically a large vessel with production equipment and oil storage tanks on its topside and an anchoring system on its underside to keep it stable. FPSO is a flexible solution that can be moved and reconfigured as needed.





FPSO equipment typically consists of the following main components:





Production equipment: including drilling equipment, production well equipment, processing equipment, and compression equipment, used to extract and process crude oil from the seabed.

Oil storage tanks: used to store crude oil, usually located in the lower part of the ship to maintain stability.

Unloading equipment: including tanker loading and unloading equipment and filling equipment, used to unload crude oil onto other ships or shore facilities.



The advantages of FPSO equipment include:





Flexibility: can be moved and reconfigured as needed.

Adaptability: suitable for various water depths and climate conditions.

Cost-effectiveness: lower construction and maintenance costs compared to traditional onshore or seabed oil field extraction equipment.

This report studies the global Floating Production Storage and Offloading Equipment production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Floating Production Storage and Offloading Equipment, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Floating Production Storage and Offloading Equipment that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Floating Production Storage and Offloading Equipment total production and demand, 2018-2029, (Units)

Global Floating Production Storage and Offloading Equipment total production value, 2018-2029, (USD Million)

Global Floating Production Storage and Offloading Equipment production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Floating Production Storage and Offloading Equipment consumption by region & country, CAGR, 2018-2029 & (Units)

U.S. VS China: Floating Production Storage and Offloading Equipment domestic production, consumption, key domestic manufacturers and share

Global Floating Production Storage and Offloading Equipment production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)

Global Floating Production Storage and Offloading Equipment production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Floating Production Storage and Offloading Equipment production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units)

This reports profiles key players in the global Floating Production Storage and Offloading Equipment market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include YOKOGAWA, MODEC, Kawasaki Kisen Kaisha, Chevron, Petronas, Aker Solutions ASA, Bluewater Energy Services B.V., Bumi Armada Berhad and BW Offshore, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Floating Production Storage and Offloading Equipment market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Floating Production Storage and Offloading Equipment Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Floating Production Storage and Offloading Equipment Market, Segmentation by Type
LPG Storage Equipment
LNG Storage Equipment
Others

Global Floating Production Storage and Offloading Equipment Market, Segmentation by Application
Shallow Sea Production Operations
Deep Sea Production Operations

Companies Profiled:
YOKOGAWA
MODEC
Kawasaki Kisen Kaisha
Chevron
Petronas
Aker Solutions ASA
Bluewater Energy Services B.V.
Bumi Armada Berhad
BW Offshore
ExxonMobil
Petrobras
SBM Offshore
Shell
Teekay Corporation
Yinson Holdings Berhad

Key Questions Answered

1. How big is the global Floating Production Storage and Offloading Equipment market?

2. What is the demand of the global Floating Production Storage and Offloading Equipment market?

3. What is the year over year growth of the global Floating Production Storage and Offloading Equipment market?

4. What is the production and production value of the global Floating Production Storage and Offloading Equipment market?

5. Who are the key producers in the global Floating Production Storage and Offloading Equipment market?

6. What are the growth factors driving the market demand?