Offshore Mooring System Market Report: Trends, Forecast and Competitive Analysis to 2030

Offshore Mooring System Market Report: Trends, Forecast and Competitive Analysis to 2030

Offshore Mooring System Trends and Forecast

The future of the global offshore mooring system market looks promising with opportunities in the tension leg platform, semi-submersible platform, single point anchor reservoir platform, floating drilling, production, storage & offloading, & drill ship markets. The global offshore mooring system market is expected to reach an estimated $2 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand for energy across the globe, growing offshore wind energy sector, and rising exploration and production activities in deep-water and ultra-deep-water areas.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Offshore Mooring System by Segment

The study includes a forecast for the global offshore mooring system by type, anchorage, application, and region.

Offshore Mooring System Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Spread Mooring
• Single Point Mooring
• Dynamic Positioning
• Tendons & Tension Mooring
• Others

Offshore Mooring System Market by Anchorage [Shipment Analysis by Value from 2018 to 2030]:

• Drag Embedment Anchors
• Suction Anchors
• Vertical Load Anchors
• Driven Pile
• Others

Offshore Mooring System Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Tension Leg Platforms
• Semi-Submersible Platforms
• Single Point Anchor Reservoir Platforms
• Floating Drilling, Production, Storage & Offloading
• Drill Ships
• Others

Offshore Mooring System Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Offshore Mooring System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies offshore mooring system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the offshore mooring system companies profiled in this report include-

• Offspring
• Blue Water Energy
• Mampaey Offshore Industries
• Rigzone Mooring Systems
• Delmar Systems
• Moorsure Mooring Systems Solutions
• Blue Water Energy
• Balltec
• SOFEC
• SBM Offshore

Offshore Mooring System Market Insights

Lucintel forecasts that single point mooring is expected to witness the highest growth over the forecast period as it offers quick and easy connection/disconnection of vessels, minimizing downtime.

Within this market, floating drilling, production, storage & offloading is expected to witness the highest growth due to rising demand for global energy and increasing investments from operators for deep-water drilling activities.

APAC will remain the largest region over the forecast period due to growing offshore oil and gas production in the region.

Features of the Global Offshore Mooring System Market

Market Size Estimates: Offshore mooring system market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Offshore mooring system market size by type, anchorage, application, and region in terms of value ($B).

Regional Analysis: Offshore mooring system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, anchorage, applications, and regions for the offshore mooring system market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the offshore mooring system market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the offshore mooring system market size?

Answer: The global offshore mooring system market is expected to reach an estimated $2 billion by 2030.

Q2. What is the growth forecast for offshore mooring system market?

Answer: The global offshore mooring system market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the offshore mooring system market?

Answer: The major drivers for this market are increasing demand for energy across the globe, growing offshore wind energy sector, and rising exploration and production activities in deep-water and ultra-deep-water areas.

Q4. What are the major segments for offshore mooring system market?

Answer: The future of the offshore mooring system market looks promising with opportunities in the tension leg platform, semi-submersible platform, single point anchor reservoir platform, floating drilling, production, storage & offloading, & drill ship markets.

Q5. Who are the key offshore mooring system market companies?

Answer: Some of the key offshore mooring system companies are as follows:

• Offspring
• Blue Water Energy
• Mampaey Offshore Industries
• Rigzone Mooring Systems
• Delmar Systems
• Moorsure Mooring Systems Solutions
• Blue Water Energy
• Balltec
• SOFEC
• SBM Offshore

Q6. Which offshore mooring system market segment will be the largest in future?

Answer: Lucintel forecasts that single point mooring is expected to witness the highest growth over the forecast period as it offers quick and easy connection/disconnection of vessels, minimizing downtime.

Q7. In offshore mooring system market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to growing offshore oil and gas production in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the offshore mooring system market by type (spread mooring, single point mooring, dynamic positioning, tendons & tension mooring, and others), anchorage (drag embedment anchors, suction anchors, vertical load anchors, driven pile, and others), application (tension leg platforms, semi-submersible platforms, single point anchor reservoir platforms, floating drilling, production, storage & offloading, drill ships, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?