FPSO Market Share, Size, and Trends by 2031
FPSO Market: Strategic Insights
FPSO Market
-
CAGR (2023 - 2031)6.9% -
Market Size 2023
US$ 14,729.8 million -
Market Size 2031
US$ 25,101.9 million
Market Dynamics
GROWTH DRIVERS
- Mounting Number of Offshore Exploration and Production Activities Driving Demand for FPSO
FUTURE TRENDS
- Growing Advancements in Subsea Technologies
OPPORTUNITIES
- Rising Demand for Natural Gas and Crude Oil
Key Players
- MODEC Inc
- Petr leo Brasileiro S A
- Bumi Armada Berhad
- SBM Offshore N V
- CNOOC Limited
- TotalEnergies SE
- ExxonMobil Corporation
- BW Offshore
- Equinor ASA
- Shell plc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Water Depth
- Shallow Water
- Deep Water
- Ultra-Deep Water
Hull
- Single Hull and Double Hull
Mooring
- Spread Mooring and Disconnectable Mooring
Construction
- Newly Built and Converted