Offshore Mooring Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global offshore mooring systems market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2022-2028.
Offshore mooring systems comprise mooring lines, anchors, and connectors for berthing ships in floating structures, including piers, bridges, dry docks, and oil drilling and production facilities. At present, several manufacturers are focusing on developing new offshore mooring systems for safe and secure oil and gas exploration and production in unfavorable environmental conditions. This, along with the rapid expansion of the oil and gas industry, is driving the demand for offshore mooring systems around the world to support oil exploration in deeper water.
Offshore Mooring Systems Market Trends:
The escalating demand for energy across the globe and a significant decrease in the number of shallow and onshore gas reserves have resulted in the shifting oil and gas extraction activities to deep-water areas. This represents one of the primary factors bolstering the growth of the offshore mooring systems market. Moreover, the development of advanced features, such as high-temperature gas hydrate basins, to enable precise operations while maximizing safety measures and reducing human efforts is catalyzing the demand for offshore mooring systems. Apart from this, several leading manufacturers are introducing a new generation of deep-water mooring and anchoring vessels and systems. These systems provide solutions to different issues arising on account of seabed conditions, vessel anchoring capabilities, and higher weights and tensions. This, in confluence with the rising adoption of renewable energy sources due to growing environmental concerns and the implementation of stringent regulation by government authorities of numerous countries, is anticipated to fuel the market growth in the forthcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global offshore mooring systems market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, anchorage and application.
Breakup by Product Type:
Spread Mooring
Single Point Mooring
Dynamic Positioning
Tendons and Tension Mooring
Others
Breakup by Anchorage:
Drag Embedment Anchors
Suction Anchors
Vertical Load Anchors
Driven Pile
Others
Breakup by Application:
Tension Leg Platforms
Semi-Submersible Platforms
SPAR Platforms
FPSO
Drill Ships
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Balltec Ltd., Balmoral Comtec Ltd, Bluewater Energy Services B.V. (Aurelia Energy N.V.), BW Offshore Limited, Delmar Systems Inc, Lamprell plc, Mampaey Offshore Industries B.V, MODEC Inc., NOV Inc., Offspring International Limited and SBM Offshore N.V.
Key Questions Answered in This Report
1. What was the size of the global offshore mooring systems market in 2022?
2. What is the expected growth rate of the global offshore mooring systems market during 2023-2028?
3. What are the key factors driving the global offshore mooring systems market?
4. What has been the impact of COVID-19 on the global offshore mooring systems market?
5. What is the breakup of the global offshore mooring systems market based on the product type?
6. What is the breakup of the global offshore mooring systems market based on the anchorage?
7. What is the breakup of the global offshore mooring systems market based on the application?
8. What are the key regions in the global offshore mooring systems market?
9. Who are the key players/companies in the global offshore mooring systems market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Offshore Mooring Systems Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Product Type
- 6.1 Spread Mooring
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Single Point Mooring
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Dynamic Positioning
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Tendons and Tension Mooring
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 7 Market Breakup by Anchorage
- 7.1 Drag Embedment Anchors
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Suction Anchors
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Vertical Load Anchors
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Driven Pile
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 8 Market Breakup by Application
- 8.1 Tension Leg Platforms
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Semi-Submersible Platforms
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 SPAR Platforms
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 FPSO
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Drill Ships
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
- 10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
- 11 Value Chain Analysis
- 12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Balltec Ltd.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Balmoral Comtec Ltd
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Bluewater Energy Services B.V. (Aurelia Energy N.V.)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 BW Offshore Limited
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Delmar Systems Inc
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Lamprell plc
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 Mampaey Offshore Industries B.V
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 MODEC Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 NOV Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Offspring International Limited
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 SBM Offshore N.V.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
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