Product Code: TMRGL3656
Scope of the Report
Floating production storage and offloading (FPSO) unit is a floating facility based on an oil tanker hull. It is equipped with a hydrocarbon processing unit for the treatment and separation of water, gases, and crude oil, arriving on board from sub-sea oil wells via flexible pipelines. Processed oil is, then, transferred to cargo tanks in the FPSO ship's hull. Processed gas is used as fuel for on-board power generation, and surplus gas is either exported via a pipeline to onshore areas or re-injected back into the subsea reservoirs. FPSOs enable the production of oil in deeper water and remote areas with economically viable technologies such as fixed piled structures. Moreover, they have the capacity to store processed crude oil and are equipped with an offloading system to transfer the crude oil to tankers for shipment to refineries.
This report analyzes and forecasts the FPSO market at the global and regional levels. The market has been forecast based on revenue (US$ Bn) from 2021 to 2031, considering 2020 as the base year. The study includes drivers and restraints of the global FPSO market. It also covers the impact of these drivers and restraints on the demand for FPSOs. The report also highlights opportunities in the FPSO market at the global and regional levels.
The report includes International Maritime Organization (IMO) regulations, by region, and investment scenario. The study encompasses market attractiveness analysis, wherein segments are benchmarked in terms of type, operator, application, hull, and propulsion based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global FPSO market by segmenting it in terms of type, operator, application, hull, and propulsion. In terms of type, the FPSO market can be classified into converted, new build, and redeployed. Based on operator, the market can be categorized into small independent, large independent, leased operator, and major national oil companies (NOCs). In terms of application, the market can be split into shallow water, deep water, and ultra-deep water. Based on hull, the market can be classified into single hull and double hull. In terms of propulsion system, the market can be categorized into self-propelled and towed. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for FPSOs in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual size of the FPSO market for 2020 and estimated market size for 2021 to 2031. The global market for FPSO has been provided in terms of revenue. Market revenue has been provided in US$ Bn. Market size has been provided in terms of global, regional, and country-level markets.
Key players operating in the global FPSO market are: MODEC, Inc., SBM Offshore N.V., BW Offshore, Bluewater Energy Services B.V., Bumi Armada Berhad, Yinson Holdings Berhad, and Teekay Corporation.
Key Questions Answered:
The report provides detailed information about the global FPSO market on the basis of a comprehensive research on various factors that are playing a key role in accelerating the growth potential of the global market. Information mentioned in the report answers path-breaking questions for companies that are currently operating in the market and are looking for innovative methods to create a unique benchmark in the global FPSO market, so as to help them design successful strategies and make target-driven decisions.
- Which type segment of the global FPSO market would emerge as major revenue generator during the forecast period?
- Which operator segment of the global FPSO market would emerge as major revenue generator during the forecast period?
- How are key market players successfully earning revenue out of advantages of FPSO?
- What would be the Y-o-Y growth trend of the global FPSO market between 2021 and 2031?
- What are the winning imperatives of leading players operating in the global FPSO market?
- Which application segment is expected to create lucrative opportunities for the global FPSO market during the forecast period?
Research Methodology
The research methodology adopted by analysts for compiling the global FPSO market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecast for the global FPSO market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global FPSO market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global FPSO market.
Table of Contents
1. Executive Summary
- 1.1. FPSO Market Snapshot
- 1.2. Current Market and Future Potential
2. Market Overview
- 2.1. Market Segmentation
- 2.2. Market Trends
- 2.3. Market Dynamics
- 2.3.1. Drivers
- 2.3.2. Restraints
- 2.3.3. Opportunities
- 2.4. Porter's Five Forces Analysis
- 2.5. Regulatory Analysis
- 2.6. Value Chain Analysis
- 2.6.1. List of FPSO Manufacturers
- 2.6.2. List of Potential Customer
3. COVID-19 Impact Analysis
4. Global FPSO Market Analysis and Forecast, by Type, 2020-2031
- 4.1. Introduction and Definitions
- 4.2. Global FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 4.2.1. Converted
- 4.2.2. New-build
- 4.2.3. Re-deployed
- 4.3. Global FPSO Market Attractiveness, by Type
5. Global FPSO Market Analysis and Forecast, by Operator, 2020-2031
- 5.1. Introduction and Definitions
- 5.2. Global FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 5.2.1. Small Independent
- 5.2.2. Large Independent
- 5.2.3. Leased Operator
- 5.2.4. Major National Oil Companies (NOC's)
- 5.3. Global FPSO Market Attractiveness, by Operator
6. Global FPSO Market Analysis and Forecast, By Application, 2020-2031
- 6.1. Introduction and Definitions
- 6.2. Global FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 6.2.1. Shallow Water
- 6.2.2. Deep Water
- 6.2.3. Ultra-deep Water
- 6.3. Global FPSO Market Attractiveness, by Application
7. Global FPSO Market Analysis and Forecast, By Propulsion, 2020-2031
- 7.1. Introduction and Definitions
- 7.2. Global FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020-2031
- 7.2.1. Self-Propelled
- 7.2.2. Towed
- 7.3. Global FPSO Market Attractiveness, by Propulsion
8. Global FPSO Market Analysis and Forecast, by Hull, 2020-2031
- 8.1. Introduction and Definitions
- 8.2. Global FPSO Market Value (US$ Bn) Forecast, by Hull, 2020-2031
- 8.2.1. Single Hull
- 8.2.2. Double Hull
- 8.3. Global FPSO Market Attractiveness, by Hull
9. Global FPSO Market Analysis and Forecast, by Region, 2020-2031
- 9.1. Key Findings
- 9.2. Global FPSO Market Value (US$ Bn) Forecast, by Region, 2020-2031
- 9.2.1. North America
- 9.2.2. Europe
- 9.2.3. Asia Pacific
- 9.2.4. Latin America
- 9.2.5. Middle East & Africa
- 9.3. Global FPSO Market Attractiveness, by Region
10. North America FPSO Market Analysis and Forecast, 2020-2031
- 10.1. Key Findings
- 10.2. North America FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 10.3. North America FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 10.4. North America FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 10.5. North America FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020-2031
- 10.6. North America FPSO Market Value (US$ Bn) Forecast, by Hull, 2020-2031
- 10.7. North America FPSO Market Value (US$ Bn) Forecast, by Country, 2020-2031
- 10.7.1. U.S. FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 10.7.2. U.S. FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 10.7.3. U.S. FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 10.7.4. U.S. FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 10.7.5. U.S. FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 10.7.6. Canada FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 10.7.7. Canada FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 10.7.8. Canada FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 10.7.9. Canada FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 10.7.10. Canada FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 10.8. North America FPSO Market Attractiveness Analysis
11. Europe FPSO Market Analysis and Forecast, 2020-2031
- 11.1. Key Findings
- 11.2. Europe FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 11.3. Europe FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 11.4. Europe FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 11.5. Europe FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020-2031
- 11.6. Europe FPSO Market Value (US$ Bn) Forecast, by Hull, 2020-2031
- 11.7. Europe FPSO Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2031
- 11.7.1. Germany FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 11.7.2. Germany FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 11.7.3. Germany FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 11.7.4. Germany. FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 11.7.5. Germany. FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 11.7.6. France FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 11.7.7. France FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 11.7.8. France FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 11.7.9. France. FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 11.7.10. France. FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 11.7.11. U.K. FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 11.7.12. U.K. FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 11.7.13. U.K. FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 11.7.14. U.K. FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 11.7.15. U.K. FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 11.7.16. Italy FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 11.7.17. Italy. FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 11.7.18. Italy FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 11.7.19. Italy FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 11.7.20. Italy FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 11.7.21. Russia & CIS FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 11.7.22. Russia & CIS FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 11.7.23. Russia & CIS FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 11.7.24. Russia & CIS FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 11.7.25. Russia & CIS FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 11.7.26. Rest of Europe FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 11.7.27. Rest of Europe FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 11.7.28. Rest of Europe FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 11.7.29. Rest of Europe FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 11.7.30. Rest of Europe FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 11.8. Europe FPSO Market Attractiveness Analysis
12. Asia Pacific FPSO Market Analysis and Forecast, 2020-2031
- 12.1. Key Findings
- 12.2. Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Type
- 12.3. Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 12.4. Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 12.5. Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020-2031
- 12.6. Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Hull, 2020-2031
- 12.7. Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2031
- 12.7.1. China FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 12.7.2. China FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 12.7.3. China FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 12.7.4. China FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 12.7.5. China FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 12.7.6. Japan FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 12.7.7. Japan FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 12.7.8. Japan FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 12.7.9. Japan FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 12.7.10. Japan FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 12.7.11. India FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 12.7.12. India FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 12.7.13. India FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 12.7.14. India FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 12.7.15. India FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 12.7.16. ASEAN FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 12.7.17. ASEAN FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 12.7.18. ASEAN FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 12.7.19. ASEAN FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 12.7.20. ASEAN FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 12.7.21. Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 12.7.22. Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 12.7.23. Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 12.7.24. Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 12.7.25. Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 12.8. Asia Pacific FPSO Market Attractiveness Analysis
13. Latin America FPSO Market Analysis and Forecast, 2020-2031
- 13.1. Key Findings
- 13.2. Latin America FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 13.3. Latin America FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 13.4. Latin America FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 13.5. Latin America FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020-2031
- 13.6. Latin America FPSO Market Value (US$ Bn) Forecast, by Hull, 2020-2031
- 13.7. Latin America FPSO Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2031
- 13.7.1. Brazil FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 13.7.2. Brazil FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 13.7.3. Brazil FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 13.7.4. Brazil FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 13.7.5. Brazil FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 13.7.6. Mexico FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 13.7.7. Mexico FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 13.7.8. Mexico FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 13.7.9. Mexico FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 13.7.10. Mexico FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 13.7.11. Rest of Latin America FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 13.7.12. Rest of Latin America FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 13.7.13. Rest of Latin America FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 13.7.14. Rest of Latin America FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 13.7.15. Rest of Latin America FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 13.8. Latin America FPSO Market Attractiveness Analysis
14. Middle East & Africa FPSO Market Analysis and Forecast, 2020-2031
- 14.1. Key Findings
- 14.2. Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 14.3. Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 14.4. Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 14.5. Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020-2031
- 14.6. Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Hull, 2020-2031
- 14.7. Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2031
- 14.7.1. GCC FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 14.7.2. GCC FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 14.7.3. GCC FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 14.7.4. GCC FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 14.7.5. GCC FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 14.7.6. South Africa FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 14.7.7. South Africa FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 14.7.8. South Africa FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 14.7.9. South Africa FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 14.7.10. South Africa FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 14.7.11. Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Type, 2020-2031
- 14.7.12. Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Operator, 2020-2031
- 14.7.13. Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Application, 2020-2031
- 14.7.14. Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, By Propulsion, 2020-2031
- 14.7.15. Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, By Hull, 2020-2031
- 14.8. Middle East & Africa FPSO Market Attractiveness Analysis
15. Competition Landscape
- 15.1. Global FPSO Company Market Share Analysis, 2020
- 15.2. Company Profiles (Details - Overview, Financials, Recent Developments, and Strategy)
- 15.2.1. MODEC Inc
- 15.2.1.1. Company Description
- 15.2.1.2. Business Overview
- 15.2.1.3. Financial Overview
- 15.2.1.4. Strategic Overview
- 15.2.2. Bluewater Energy Services B.V
- 15.2.2.1. Company Description
- 15.2.2.2. Business Overview
- 15.2.2.3. Financial Overview
- 15.2.2.4. Strategic Overview
- 15.2.3. Malaysia International Shipping Corporation Berhd
- 15.2.3.1. Company Description
- 15.2.3.2. Business Overview
- 15.2.3.3. Financial Overview
- 15.2.3.4. Strategic Overview
- 15.2.4. Mitsui Engineering and Shipbuilding
- 15.2.4.1. Company Description
- 15.2.4.2. Business Overview
- 15.2.4.3. Financial Overview
- 15.2.4.4. Strategic Overview
- 15.2.5. MOL Group
- 15.2.5.1. Company Description
- 15.2.5.2. Business Overview
- 15.2.5.3. Financial Overview
- 15.2.5.4. Strategic Overview
- 15.2.6. Marubeni Corporation
- 15.2.6.1. Company Description
- 15.2.6.2. Business Overview
- 15.2.6.3. Financial Overview
- 15.2.6.4. Strategic Overview
- 15.2.7. Aker Floating Production Group
- 15.2.7.1. Company Description
- 15.2.7.2. Business Overview
- 15.2.7.3. Financial Overview
- 15.2.7.4. Strategic Overview
- 15.2.8. BW Offshore
- 15.2.8.1. Company Description
- 15.2.8.2. Business Overview
- 15.2.8.3. Financial Overview
- 15.2.8.4. Strategic Overview
- 15.2.9. Maersk
- 15.2.9.1. Company Description
- 15.2.9.2. Business Overview
- 15.2.9.3. Financial Overview
- 15.2.9.4. Strategic Overview
- 15.2.10. Bumi Armada Berhad
- 15.2.10.1. Company Description
- 15.2.10.2. Business Overview
- 15.2.10.3. Financial Overview
- 15.2.10.4. Strategic Overview
- 15.2.11. Yinson Holdings Berhad
- 15.2.11.1. Company Description
- 15.2.11.2. Business Overview
- 15.2.11.3. Financial Overview
- 15.2.11.4. Strategic Overview
- 15.2.12. SBM Offshore N.V.
- 15.2.12.1. Company Description
- 15.2.12.2. Business Overview
- 15.2.12.3. Financial Overview
- 15.2.12.4. Strategic Overview
- 15.2.13. Petrofac
- 15.2.13.1. Company Description
- 15.2.13.2. Business Overview
- 15.2.13.3. Financial Overview
- 15.2.13.4. Strategic Overview
- 15.2.14. Teekay Corporation
- 15.2.14.1. Company Description
- 15.2.14.2. Business Overview
- 15.2.14.3. Financial Overview
- 15.2.14.4. Strategic Overview
16. Primary Research: Key Insights
17. Appendix