FPSO Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021

Transparency Market
Research
FPSO Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2015 - 2021
Published Date
29-Dec-2015
102 Page Report
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At CAGR of 16.2%, Global FPSO Market to Reach
US$43.39 bn by 2021 : Transparency Market Research
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FPSO Market
REPORT DESCRIPTION
FPSO Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021
The FPSO market was valued at US$15.86 bn in 2014 and is expected to reach US$43.39 bn by 2021,
growing at a CAGR of 16.2% from 2015 to 2021.
Complete Report FPSO Market with TOC : http://www.transparencymarketresearch.com/fpso-vesselsequipments-market.html
Oil remains the major choice of fuel for the purpose of transportation and is not expected to change
materially in the foreseeable future. Deepwater oil discoveries is gaining significant importance attributed
to the rapid depletion of onshore existing oil fields and no significant discoveries of new fields in the past
few years. Due to this factor, oil and gas companies have pushed exploration offshore for discovering new
oil reserves. During the past six years, around 50% of the offshore discoveries have been in deepwater and
ultra-deepwater. Due to this factors demand for FPSOs for offshore oil and gas production is expected to
see a robust growth during the forecast period.
FPSO industry is capital intensive in nature. It requires high initial investment and substantially huge
financing for construction or building of a new FPSO unit. Building a new FPSO cost around USD 2.5 to 3
billion, however a cost of conversion of a surplus oil tanker or aging hull is around USD 1.5 to 2.0 billion.
Additionally, operation, testing and deployment costs add to the total investment in a FPSO vessel.
Furthermore, rising cost of materials and high labor cost due to inflation is further affecting the return of
investments (ROI) of FPSO operators. All these factors are posing as a major restraint for the growth of
FPSO market during the forecast period.
Presently, the market is dominated by converted FPSO unit than a new build FPSO vessel. Opportunities in
FPSO market lies in increasing demand for conversion of oil tankers into a FPSO vessel. FPSO builders are
increasingly focusing on acquiring former oil tankers and converting it into an advanced FPSO vessel.
Moreover, opportunities lies in collaboration and partnership among various players present in different
stages of the value chain of FPSO industry aimed at faster deployment and construction of FPSO vessel.
Geographically, Americas led the FPSO market in 2015 and the region is expected to continue its
dominance till 2021. Growth in this region is attributed to the increasing investment in exploration in
offshore of Brazil and development of new oil fields in the region. Additionally, Africa region is also
expected to see a robust growth during the forecast period attributed to the rise in demand for installation
of FPSO units in the fields of Angola, Ghana, Nigeria and Guinea.
Key players have also been profiled on the basis of company overview, financial overview, business
strategies and recent developments in the field of FPSO industry. Major market participants profiled in this
report include MODEC, Inc. (Japan), SBM Offshore N.V. (Netherlands), BW Offshore (Norway), Bluewater
Energy Services B.V.(Netherlands), Aker Solutions ASA (Norway), Hyundai Heavy Industries Co., Ltd. (South
Korea), Bumi Armada Berhad (Malaysia), Yinson Holdings Berhad (Malaysia), Teekay Corporation (Bermuda)
and Samsung Heavy Industries Co., Ltd.
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FPSO Market
The report studies the global FPSO market, and provides estimates in terms of revenue (USD Billion) from
2015 to 2021. Market estimates on the basis of type and water depth for each region. The market has
been segmented as follows
Global FPSO Market: By Type
Converted
New-build
Redeployed
Global FPSO Market: By Water Depth
Shallow water
Deepwater
Ultra-deepwater
The report provides a cross-sectional analysis of all the above segments with respect to the following
regions:
Global FPSO Market: By Geography
Americas
U.S.
Canada
Mexico
Brazil
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FPSO Market
Europe
U.K.
Norway
Italy
Asia
India
China
Southeast Asia
Africa
West Africa
Rest of Africa
Oceania
Australia
New Zealand
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FPSO Market
TABLE OF CONTENT
Chapter 1 Preface
1.1 Research description
1.2 Research Scope
1.3 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Introduction
3.2 Key Trend Analysis
3.3 Market Dynamics : Impact Analysis
3.3.1 Market Drivers
3.3.2 Market Restraints
3.3.3 Market Opportunities
3.4 FPSO Market : Competitive Landscape
3.5 FPSO: Market Attractiveness by Type
3.6 FPSO Market : Value Chain Analysis
Chapter 4 Global FPSO Market Analysis, by Type 2014–2021 (USD Billion)
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FPSO Market
4.1 Overview
4.1.1 By Type: Revenue share, 2014 vs 2021
4.2 Converted FPSO Market, 2014 – 2021: (USD Billion)
4.3 New-build FPSO Market, 2014 – 2021: (USD Billion)
4.4 Redeployed FPSO Market, 2014 – 2021: (USD Billion)
Chapter 5 Global FPSO Market Analysis, by Water Depth 2014–2021 (USD Billion)
5.1 Overview
5.1.1 By Water Depth: Revenue share, 2014 vs 2021
5.2 Shallow Water Market, 2014 – 2021: (USD Billion)
5.3 Deepwater Market, 2014 – 2021: (USD Billion)
5.4 Ultra-deepwater Market, 2014 – 2021: (USD Billion)
Chapter 6 Global FPSO Market Analysis by Geography 2014–2021 (USD Billion)
6.1 Overview
6.1.1 By region: Revenue share, 2014 vs 2021
6.2 Americas FPSO Market, 2014 – 2021: (USD Billion)
6.2.1 Americas FPSO Market, 2014–2021: By Type (USD Billion)
6.2.2 Americas FPSO Market, 2014–2021: By Water Depth (USD Billion)
6.2.3 Americas FPSO Market, 2014–2021: By Country (USD Billion)
6.2.3.1 U.S. FPSO Market, 2014–2021 (USD Billion)
6.2.2.2 Canada FPSO Market, 2014–2021 (USD Billion)
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FPSO Market
6.2.2.3 Mexico FPSO Market, 2014–2021 (USD Billion)
6.2.2.4 Brazil FPSO Market, 2014–2021 (USD Billion)
6.3 Europe FPSO Market, 2014 – 2021: (USD Billion)
6.3.1 Europe FPSO Market, 2014–2021: By Type (USD Billion)
6.3.2 Europe FPSO Market, 2014–2021: By Water Depth (USD Billion)
6.3.3 Europe FPSO Market, 2014–2021: By Country (USD Billion)
6.3.3.1 U.K. FPSO Market, 2014–2021 (USD Billion)
6.3.3.2 Norway FPSO Market, 2014–2021 (USD Billion)
6.3.3.3 Italy FPSO Market, 2014–2021 (USD Billion)
6.4 Asia FPSO Market, 2014 – 2021: (USD Billion)
6.4.1 Asia FPSO Market, 2014–2021: By Type (USD Billion)
6.4.2 Asia FPSO Market, 2014–2021: By Water Depth (USD Billion)
6.4.3 Asia FPSO Market, 2014–2021: By Country (USD Billion)
6.4.3.1 India FPSO Market, 2014–2021 (USD Billion)
6.4.3.2 China FPSO Market, 2014–2021 (USD Billion)
6.4.3.3 Southeast Asia FPSO Market, 2014–2021 (USD Billion)
6.5 Africa FPSO Market, 2014 – 2021: (USD Billion)
6.5.1 Africa FPSO Market, 2014–2021: By Type (USD Billion)
6.5.2 Africa FPSO Market, 2014–2021: By Water Depth (USD Billion)
6.5.3 Africa FPSO Market, 2014–2021: By Country (USD Billion)
6.5.3.1 West Africa FPSO Market, 2014–2021 (USD Billion)
6.5.3.2 Rest of Africa FPSO Market, 2014–2021 (USD Billion)
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FPSO Market
6.6 Oceania FPSO Market, 2014 – 2021: (USD Billion)
6.6.1 Oceania FPSO Market, 2014–2021: By Type (USD Billion)
6.6.2 Oceania FPSO Market, 2014–2021: By Water Depth (USD Billion)
6.6.3 Oceania FPSO Market, 2014–2021: By Country (USD Billion)
6.6.3.1 West Africa FPSO Market, 2014–2021 (USD Billion)
6.6.3.2 Rest of Africa FPSO Market, 2014–2021 (USD Billion)
Chapter 7 Company Profiles
7.1 MODEC, Inc.
7.2 SBM Offshore N.V.
7.3 BW Offshore
7.4 Bluewater Energy Services B.V.
7.5 Aker Solutions ASA
7.6 Hyundai Heavy Industries Co., Ltd.
7.7 Teekay Corporation
7.8 Bumi Armada Berhad
7.9 Yinson Holdings Berhad
7.10 Samsung Heavy Industries Co., Ltd.
Complete Report FPSO Market with TOC : http://www.transparencymarketresearch.com/fpso-vesselsequipments-market.html
About Us
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FPSO Market
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
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The FPSO market was valued at US$15.86 bn in 2014 and is expected to reach US$43.39 bn by 2021, growing at a CAGR of 16.2% from 2015 to 2021. Complete Report FPSO Market with TOC : http://www.transparencymarketresearch.com/fpso-vessels-equipments-market.html Oil remains the major choice of fuel for the purpose of transportation and is not expected to change materially in the foreseeable future. Deepwater oil discoveries is gaining significant importance attributed to the rapid depletion of onshore existing oil fields and no significant discoveries of new fields in the past few years. Due to this factor, oil and gas companies have pushed exploration offshore for discovering new oil reserves. During the past six years, around 50% of the offshore discoveries have been in deepwater and ultra-deepwater. Due to this factors demand for FPSOs for offshore oil and gas production is expected to see a robust growth during the forecast period.