Floating Production Systems (FPS) Market in Americas 2024-2028

Floating Production Systems (FPS) Market in Americas 2024-2028

Floating Production Systems (FPS) Market In Americas 2024-2028

The floating production systems (FPS) market in americas is forecasted to grow by USD 19.04 bn during 2023-2028, accelerating at a CAGR of 7.1% during the forecast period. The report on the floating production systems (FPS) market in americas 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 increase in demand for energy, increasing investments in offshore e and p activities, and advantages associated with deployment of fps.

Technavio's floating production systems (FPS) market in americas is segmented as below:

By Type

• FPSO
• Semi-submersible
• SPAR
• TLP
• Others

By Geographical Landscape

• Americas

This study identifies the increase in deepwater and ultra-deepwater projects as one of the prime reasons driving the floating production systems (FPS) market in americas growth during the next few years. Also, advances in fps and rise in unconventional oil and gas activities will lead to sizable demand in the market.

The report on the floating production systems (FPS) market in americas covers the following areas:

• Floating Production Systems (FPS) Market in Americas sizing
• Floating Production Systems (FPS) Market in Americas forecast
• Floating Production Systems (FPS) Market in Americas 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 systems (FPS) market in americas vendors that include BHP Group Ltd., BP Plc, BW Offshore Ltd., Cenovus Energy Inc., Chevron Corp., Excelerate Energy Inc., Golar LNG Ltd., Hoegh LNG Holdings Ltd., MODEC Inc., Petroleo Brasileiro SA, Saipem S.p.A., SBM Offshore NV, Shell plc, Suncor Energy Inc., Teekay Corp., TotalEnergies SE, and Yokogawa Electric Corp.. Also, the floating production systems (FPS) market in americas 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 the way of study, synthesis, and summation of data from multiple sources by 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 primary and secondary research. 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.