(MENAFN- Market Press Release) Market Highlights
Mooring systems are used of supporting the anchorage of floating vessels, carrier and ships. These systems have a tremendous market, which continuous to be fuelled by increased maritime activities worldwide. Market Research Future (MRFR) projects that the global offshore mooring systems market will growth at 4.7% CAGR between 2018 and 2023. Increased oil and gas production is one of the primary factors supporting the market growth.
The expansion of global population and emergence of India and China as major consumer market of the world has led an increase in energy consumption. At the same time, there has been a substantial rise in demand for consumer products. Such economic phenomena can be factored into the growth of the maritime industry. Advances in technology, population growth, growing international trade, expanding consumer markets are some of important elements that are propelling maritime activities. Nevertheless, stricter regulation on manufacturing of offshore mooring systems that mandate the maintenance of stander is impacting the market growth to certain extent. Also, limited resource that can operate advanced ship technologies is viewed as a market impediment. The market will more or less maintain a steady progress despite the restraints mentioned above.
Key Players
The prominent players in the Analysis on Impact of COVID-19-Offshore Mooring Systems Market are includes DELMAR SYSTEMS INC (US), SBM Offshore (Netherlands), MODEC, Inc. (Japan), Offspring International Limited (UK), Mampaey Offshore Industries B.V. (Netherlands), Balltec Ltd. (UK), BW Offshore (Norway), Bluewater (Netherlands), Trelleborg Marine Systems (UAE), and Timberland Equipment Limited (Canada).Get
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Segments:
This study provides an overview of the global offshore mooring systems market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global offshore mooring systems market by type, by anchorage, by application, and by region.
By Type
Spread
SPM (Single Point Mooring)
Dynamic Positioning
Tendons
Others
By Anchorage
Drag Embedment Anchors (DEA)
Suction Anchors
Vertical Load Anchors
Driven pile
Others
By Application
Tension Leg Platform (TLP)
Semi-Submersible
SPAR
FPSO
Drill Ships
Others
By Region
North America
Asia-Pacific
Europe
Rest of the World
Analysis on Impact of COVID-19-Offshore Mooring Systems Market: Regional Analysis
Key regions assessed in the report include Asia Pacific (APAC), North America, the Middle East & Africa (MEA), Latin America and Europe. APAC is expected to remain the largest market for offshore mooring systems during the assessment period. Market in the region is being driven by several factors. Increased inter-regional trade and the exponential growth of export and import activities using waterways in the APAC has opened new avenues of growth for market players. Countries in APAC are posting a higher demand for energy and crude oil. The tremendous economic growth in the region has bolstered the market prospects. Sales of offshore mooring systems are likely to remain strong in APAC during the assessment period, with China spearheading the growth. Meanwhile, North America and Europe command the second and third position respectively. Market growth in these regions is expected to remain steady during the projection period.
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Table of Content:
Chapter 1: Offshore Mooring Systems Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Offshore Mooring Systems Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Offshore Mooring Systems Market Effect Factors Analysis
Chapter 12: Global Offshore Mooring Systems Market Forecast
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