Floating Production Storage and Offloading Market to Grow at a Robust Pace During 2021-2026

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Presents a Research Report on Floating
Production Storage and Offloading Market
The Floating Production Storage and Offloading
Market is Segmented by Type (New-Build,
Converted), by Hull Type (Single Hull, Double
Hull), by Propulsion Type (Self-propelled,
Towed), by Usage Type (Shallow Water, Deepwater,
and Ultra Deepwater), and by Region (North
America, Europe, Asia-Pacific, and Rest of the
World).


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Floating Production Storage and Offloading Market
Highlights Drivers

• Floating Production Storage and Offloading
  Market is likely to witness an impressive CAGR of
  6.1 during the forecast period.
• Increased focus on offshore exploration and
  production activities and growing exploration in
  deep- and ultra-deepwater are the major factors
  driving the growth of the market. Further, the
  high demand for FPSO in countries, such as Brazil
  and Mexico is likely to underpin the floating
  production storage and offloading market during
  the forecast period.

• Market Insights
• By Type
• Based on the type, the floating production
  storage and offloading market has been segmented
  as new-build and converted. The converted segment
  accounts for the major share of the market and is
  projected to remain the larger segment during the
  forecast period.

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Market Insight

• By Hull Type
• Based on the hull type, the market is segmented
  as single hull and double hull. The double hull
  segment is likely to account for the larger
  share of the market during the forecast period,
  owing to the need for protection from water
  ingression and marine pollution. The segment
  covers the entire structure of a vessel, which
  has two or double outer watertight layers
• By Propulsion Type
• Based on the propulsion type, the market is
  segmented as self-propelled and towed. The
  self-propelled segment is estimated to witness a
  higher growth during the forecast period. The
  growth of the segment is due to reduction in
  external propulsion and transportation cost than
  FPSOs. In addition, it also consumes less time to
  transport natural gas and crude oil.

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Market Insight

• By Usage Type
• Based on the usage type, the market is segmented
  as shallow water, deepwater, and
  ultra-deepwater. The shallow water segment is
  expected to lead the market during the forecast
  period. It is also likely to be the
  fastest-growing segment of the market as the
  usage of FPSOs is increasing for oil gas
  production in water depth of less than 500
  meters. The shallow-water segment is also, driven
  by the low cost of production in comparison to
  other segments.  
• By Region
• In terms of regions, Rest of the World is
  estimated to dominate the floating production
  storage and offloading market during the forecast
  period. Among the major regions in Rest of the
  World, Latin America is expected to lead the
  market driven by the primary presence in FPSOs.
  Apart from Latin America, other regions, such as
  North America, Europe, and Asia-Pacific are
  populating their immense presence in FPSOs.
  Further, Mexico is showing keen interest in
  investing in support energy infrastructure. All
  these factors are expected to drive the floating
  production storage and offloading market during
  the forecast period.

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Competitive Insights Market Segmentation

• Key Players
• Bumi Armada
• Shell
• BP
• ExxonMobil
• Petrobras
• Chevron
• MODEC
• Teekay
• SBM Offshore
• BW Offshore.
• Market Segmentation
• Floating Production Storage and Offloading Market
  Size, Share, Forecast, by Type
• New Build (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Converted (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)

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Market Segmentation

• Floating Production Storage and Offloading Market
  Size, Share, Forecast, by Hull Type
• Single Hull (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Double Hull (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Floating Production Storage and Offloading Market
  Size, Share, Forecast, by Propulsion Type
• Self-Propelled (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Towed (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Floating Production Storage and Offloading Market
  Size, Share, Forecast, by Usage Type
• Shallow Water (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Deepwater (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Ultra-Deepwater (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)

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Market Segmentation

• Floating Production Storage and Offloading Market
  Size, Share, Forecast, by Region
• North America (Country Analysis the USA, Canada,
  and Mexico) 
• Europe (Country Analysis Germany, France, the
  UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis China, Japan,
  India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis Latin
  America, the Middle East, and Others)

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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