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Global Offshore Mooring Systems Market Size, Share, Demand, Research: By Product: Spread Mooring, Single Point Mooring (SPM), Dynamic Positioning, Tendons and Tension Mooring, Others; By Anchorage; By Depth; By Application; Regional Analysis; Market Dynamics; Competitive Landscape: Industry Events and Developments; 2023-2028
Global Offshore Mooring Systems Market Outlook
The global offshore mooring systems market size is estimated to grow in the forecast period of 2023-2028 at a CAGR of 5.0%.
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Asia Pacific to Hold Substantial Share in the Market Growth of Offshore Mooring Systems
The Asia Pacific region is likely to hold a substantial share in the offshore mooring systems market over the coming years. This is on account of the rise of offshore fields in Australia, the South China Sea, and other territories. The surging demand for energy has enhanced the demand for exploration projects and is likely to fuel the market growth in the region.
An increase in investments toward oil and gas production and exploration coupled with reducing dependence on imports is further expected to propel the market growth of offshore mooring across the Asia Pacific. The surging drilling and offshore activities especially in countries like China, Thailand, Myanmar, and the Philippines, among others are further anticipated to bolster the market growth of across the region.
Market Segmentation
Offshore mooring systems are usually constructed for large lengths of deployed wires or chains mooring. These systems primarily comprise of three components. There is a specific mooring layout based on the deployment needs, a system for anchorage, and a suitable mooring line. The layout is dependent upon the objective of unit used for offshoring, and the conditions prevalent locally at the environment.
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By product, the offshore mooring systems market is divided into:
- Spread Mooring
- Tendons and Tension Mooring
- Dynamic Positioning
- Single Point Mooring (SPM)
- Others
Based on anchorage, the market is categorised into:
- Drag Embedment Anchors (DEA)
- Vertical Load Anchors
- Suction Anchors
- Driven Pile
- Others
By depth, the market is segmented into:
- Shallow Water Depth (<1,000 M)
- Deep and Ultra-Deep-Water Depth (>1000 M)
On the basis of application, the market is segregated into:
- Tension Leg Platforms (TLP)
- SPAR Platform
- Semi-Submersible Platforms
- Drill Ships
- Floating Production Storage and Offloading (FPSO)
- Others
The EMR report looks into the regional markets like Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.
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Rapid Growth in the Oil and Gas Industry to Fuel the Market for Offshore Mooring Systems
The offshore mooring systems market across the globe is expected to witness robust growth during the forecast period. The rapid expansion of oil and gas exploration and production and the surging growth of high-temperature gas hydrate basins are driving the growth. The surging per capita energy consumption coupled with the reduction in the onshore oil and gas reserves has forced the onshore activities to go down, driving the market globally.
With a shift towards clean electricity, increasing population, and rapid technological developments regarding maximum utilisation of wave and wind energy, the market growth is likely to boost across the globe. Based on application, the floating production storage and offloading (FPSO) segment is expected to register market growth globally over the coming years. The increase in demand from FPSO vessels along with surging demand for FPSO platforms from oil & gas offshore exploration and production facilities are also supporting growth.
Key Players in the Global Market for Offshore Mooring Systems
The report presents a detailed analysis of the following key players in the global offshore mooring systems market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Offspring International Limited
- Mampaey Offshore Industries B.V.
- Trelleborg AB
- Scana ASA
- Cargotec Corporation (MacGregor)
- Acteon Group Ltd.
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Anchorage |
|
| Breakup by Depth |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Offshore Mooring Systems Market Analysis
8.1 Key Industry Highlights
8.2 Global Offshore Mooring Systems Historical Market (2018-2022)
8.3 Global Offshore Mooring Systems Market Forecast (2023-2028)
8.4 Global Offshore Mooring Systems Market by Product
8.4.1 Spread Mooring
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Single Point Mooring (SPM)
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Dynamic Positioning
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Tendons and Tension Mooring
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Offshore Mooring Systems Market by Anchorage
8.5.1 Drag Embedment Anchors (DEA)
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Suction Anchors
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Vertical Load Anchors
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Driven Pile
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Offshore Mooring Systems Market by Depth
8.6.1 Shallow Water Depth (<1,000 M)
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Deep and Ultra-Deep-Water Depth (>1000 M)
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Offshore Mooring Systems Market by Application
8.7.1 Tension Leg Platforms (TLP)
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Semi-Submersible Platforms
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 SPAR Platform
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Floating Production Storage and Offloading (FPSO)
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Drill Ships
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
8.7.6 Others
8.8 Global Offshore Mooring Systems Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Offshore Mooring Systems Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Offshore Mooring Systems Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Offshore Mooring Systems Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Offshore Mooring Systems Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Offshore Mooring Systems Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Offspring International Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Mampaey Offshore Industries B.V.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Trelleborg AB
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Scana ASA
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Cargotec Corporation (MacGregor )
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Acteon Group Ltd.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Offshore Mooring Systems Market: Key Industry Highlights, 2018 and 2028
2. Global Offshore Mooring Systems Historical Market: Breakup by Product (USD Million), 2018-2022
3. Global Offshore Mooring Systems Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Global Offshore Mooring Systems Historical Market: Breakup by Anchorage (USD Million), 2018-2022
5. Global Offshore Mooring Systems Market Forecast: Breakup by Anchorage (USD Million), 2023-2028
6. Global Offshore Mooring Systems Historical Market: Breakup by Depth (USD Million), 2018-2022
7. Global Offshore Mooring Systems Market Forecast: Breakup by Depth (USD Million), 2023-2028
8. Global Offshore Mooring Systems Historical Market: Breakup by Application (USD Million), 2018-2022
9. Global Offshore Mooring Systems Market Forecast: Breakup by Application (USD Million), 2023-2028
10. Global Offshore Mooring Systems Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Offshore Mooring Systems Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Offshore Mooring Systems Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Offshore Mooring Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Offshore Mooring Systems Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Offshore Mooring Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Offshore Mooring Systems Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Offshore Mooring Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Offshore Mooring Systems Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Offshore Mooring Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Offshore Mooring Systems Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Offshore Mooring Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Offshore Mooring Systems Market Structure
Key Questions Answered in the Report
The global market is assessed to grow at a CAGR of 5.0% between 2023 and 2028.
The major market drivers are rapid growth in the oil and gas industry, rising investment in drilling activities and growing drilling operations in the oil & gas industry.
The key market trends anticipated to have a global impact include increased expenditure from oil and gas companies in the exploration and developmental activities and surging industrialisation.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various products in the market include tendons, spread mooring single point mooring (SPM), dynamic positioning, and tension mooring, among others.
The major anchorage in the market includes drag embedment anchors (DEA), suction anchors, vertical load anchors, and driven pile, among others.
The key depths supported include shallow water depth (<1,000 M) and deep and ultra-deep-water depth (>1000 M).
The various applications in the market include tension leg platforms (TLP), semi-submersible platforms, spar platform, floating production storage and offloading (FPSO), and drill ships, among others.
The major players in the market are Offspring International Limited, Mampaey Offshore Industries B.V., Trelleborg AB, Scana ASA, Cargotec Corporation (MacGregor), and Acteon Group Ltd., among others.
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