Floating Production System (FPS) Market Size & Share, by Type {Floating Production, Storage, Offloading (FPSO), Tension Leg Platforms (TLPs), Spars}; Water Depth (Shallow Water, Deep & Ultra-Deep Water); Build (New, Converted) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

Request Free Sample Copy

Report ID: 3826
Published Date: Jul 21, 2023
Report Format: PDF, PPT

Buy Now

Companies Dominating the Floating Production System Market

Mitsubishi Heavy Industries Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Nippon Yusen Kabushiki Kaisha (NYK Line)
Shell International B.V.
TechnipFMC PLC
Hyundai Heavy Industries Co. Ltd
Keppel Offshore & Marine Ltd
Samsung Heavy Industries Co. Ltd
Bumi Armada Group
Daewoo Shipbuilding & Marine Engineering Co. Ltd.
Teekay Tankers Ltd.
Reliance Naval and Engineering Limited

Browse Key Market Insights with Data Illustration:

Floating Production System (FPS) Market Size & Share, Growth Forecasts 2035

In the News

Mitsubishi Heavy Industries Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) entered into a joint venture with SBM Offshore N.V. for the charter, operation, and maintenance of a Floating, Production, Storage, and Offloading (FPSO *1) system for Petrobras.
Shell International B.V.’s Appomattox floating production system (FPS) in the deep-water Gulf of Mexico achieved its first production using TechnipFMC’s full-field subsea solution.

Frequently Asked Questions (FAQ)

The increasing demand for crude oil and natural gas along with the growing oil and gas industry and rising offshore exploration activity are the major factors driving the growth of the floating production system market.

The market size of the floating production system is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023 ï¿½ 2035.

The major players in the market are Mitsubishi Heavy Industries Ltd., Nippon Yusen Kabushiki Kaisha (NYK Line), Shell International B.V., TechnipFMC PLC, Hyundai Heavy Industries Co. Ltd., Keppel Offshore & Marine Ltd., Samsung Heavy Industries Co. Ltd., Bumi Armada Group, Daewoo Shipbuilding & Marine Engineering Co. Ltd., Teekay Tankers Ltd., Reliance Naval and Engineering Limited.

The FPSO segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Latin America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Companies Dominating the Floating Production System Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the floating production system market?

What would be the CAGR of the floating production system market over the forecast period?

Who are the major players dominating the floating production system market?

Which segment captures the largest market size in the type segment in the floating production system market?

Which region will provide more business opportunities for the growth of the floating production system market in the future?