Floating production systems Market is likely to rise at a CAGR of 17. sep 2016 | Seite 2

Floating Production Systems
Market

REPORT DESCRIPTION

Transparency Market Research has released a new market report titled “Floating Production Systems
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” The report
analyzes and forecasts the floating production systems market in terms of revenue. According to the
report, the floating production systems market was valued at USD 12,616.0 million in 2012 and is expected
to reach USD 38,752.7 million by 2019, expanding at a CAGR of 17.2% between 2013 and 2019.

Browse the full Floating Production System Market report at
http://www.transparencymarketresearch.com/floating-production-system-market.html

Product type segment analyzed in the study include floating production storage and offloading (FPSO),
floating storage and offloading (FSO), Tension Leg platform (TLP) and Single Point Anchoring Reservoir
(SPAR). In terms of revenue, FPSO was the highest in product segment, accounting for around 63.8% of the
total market share in 2012. Companies such as Royal Dutch Shell Plc, Petrobras and ENI are using FPSO to
extract crude oil from offshore fields. FSO accounted for a moderate share of the total FPS market, followed
by other equipments such as TLP and SPAR.

RoW dominated the global market for floating production systems in 2012. The region constituted the
highest percentage of the global FPS market in terms of revenue. RoW is the leading market in terms of
demand for FPS as compared to other regions such as Asia Pacific and North America. This is mainly
ascribed due to high demand from South American and African countries such as Brazil and South Africa.
RoW is anticipated to exhibit the highest growth rate during the forecast period, led by developing
economies such as Brazil and South Africa. North America and Asia Pacific accounted for substantial shares
of the total FPS market in 2012. The global floating production systems market has witnessed significant
growth over the last few years.

Companies such as Bumi Armada Berhad, Hyundai Heavy Industries Co. Ltd, Keppel Offshore & Marine Ltd,
Malaysia Marine and Heavy Engineering Berhad, Mitsubishi Heavy Industries Ltd, Samsung Heavy
Industries Co. Ltd, SBM Offshore N.V., Teekay Corporation, Technip S.A. and Worley Parsons Limited are
likely to dominate the floating production systems market in the coming future.

Transparency Market Research

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