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Floating Production Systems (FPS) Market in Americas 2024-2028

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    Report

  • 145 Pages
  • October 2024
  • Region: Latin America, North America
  • TechNavio
  • ID: 5600552
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The floating production systems (FPS) market in americas is forecasted to grow by USD 19.04 billion during 2023-2028, accelerating at a CAGR of 7.1% during the forecast period. The report on the floating production systems (FPS) market in americas provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for energy, increasing investments in offshore e and p activities, and advantages associated with deployment of fps.

The floating production systems (FPS) market in americas is segmented as below:

By Type

  • FPSO
  • Semi-submersible
  • SPAR
  • TLP
  • Others

By Geographical Landscape

  • Americas
This study identifies the increase in deepwater and ultra-deepwater projects as one of the prime reasons driving the floating production systems (FPS) market in americas growth during the next few years. Also, advances in fps and rise in unconventional oil and gas activities will lead to sizable demand in the market.

The report on the floating production systems (FPS) market in americas covers the following areas:

  • Floating Production Systems (FPS) Market in Americas sizing
  • Floating Production Systems (FPS) Market in Americas forecast
  • Floating Production Systems (FPS) Market in Americas industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading floating production systems (FPS) market in americas vendors that include BHP Group Ltd., BP Plc, BW Offshore Ltd., Cenovus Energy Inc., Chevron Corp., Excelerate Energy Inc., Golar LNG Ltd., Hoegh LNG Holdings Ltd., MODEC Inc., Petroleo Brasileiro SA, Saipem S.p.A., SBM Offshore NV, Shell plc, Suncor Energy Inc., Teekay Corp., TotalEnergies SE, and Yokogawa Electric Corp. Also, the floating production systems (FPS) market in americas analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Americas - Market size and forecast 2023-2028 ($ billion)
Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Chart on Americas: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
4 Historic Market Size
4.1 Floating Production Systems (FPS) Market in Americas 2018 - 2022
Historic Market Size - Data Table on Floating Production Systems (FPS) Market in Americas 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 FPSO - Market size and forecast 2023-2028
Chart on FPSO - Market size and forecast 2023-2028 ($ billion)
Data Table on FPSO - Market size and forecast 2023-2028 ($ billion)
Chart on FPSO - Year-over-year growth 2023-2028 (%)
Data Table on FPSO - Year-over-year growth 2023-2028 (%)
6.4 Semi-submersible - Market size and forecast 2023-2028
Chart on Semi-submersible - Market size and forecast 2023-2028 ($ billion)
Data Table on Semi-submersible - Market size and forecast 2023-2028 ($ billion)
Chart on Semi-submersible - Year-over-year growth 2023-2028 (%)
Data Table on Semi-submersible - Year-over-year growth 2023-2028 (%)
6.5 SPAR - Market size and forecast 2023-2028
Chart on SPAR - Market size and forecast 2023-2028 ($ billion)
Data Table on SPAR - Market size and forecast 2023-2028 ($ billion)
Chart on SPAR - Year-over-year growth 2023-2028 (%)
Data Table on SPAR - Year-over-year growth 2023-2028 (%)
6.6 TLP - Market size and forecast 2023-2028
Chart on TLP - Market size and forecast 2023-2028 ($ billion)
Data Table on TLP - Market size and forecast 2023-2028 ($ billion)
Chart on TLP - Year-over-year growth 2023-2028 (%)
Data Table on TLP - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ billion)
Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 Brazil - Market size and forecast 2023-2028
Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
Chart on Brazil - Year-over-year growth 2023-2028 (%)
Data Table on Brazil - Year-over-year growth 2023-2028 (%)
8.4 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.5 Mexico - Market size and forecast 2023-2028
Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
Chart on Mexico - Year-over-year growth 2023-2028 (%)
Data Table on Mexico - Year-over-year growth 2023-2028 (%)
8.6 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.7 Rest of Americas - Market size and forecast 2023-2028
Chart on Rest of Americas - Market size and forecast 2023-2028 ($ billion)
Data Table on Rest of Americas - Market size and forecast 2023-2028 ($ billion)
Chart on Rest of Americas - Year-over-year growth 2023-2028 (%)
Data Table on Rest of Americas - Year-over-year growth 2023-2028 (%)
8.8 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Table on Market opportunity By Geographical Landscape ($ billion)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 BHP Group Ltd.
BHP Group Ltd. - Overview
BHP Group Ltd. - Business segments
BHP Group Ltd. - Key offerings
BHP Group Ltd. - Segment focus
11.4 BP Plc
BP Plc - Overview
BP Plc - Business segments
BP Plc - Key news
BP Plc - Key offerings
BP Plc - Segment focus
11.5 BW Offshore Ltd.
BW Offshore Ltd. - Overview
BW Offshore Ltd. - Business segments
BW Offshore Ltd. - Key offerings
BW Offshore Ltd. - Segment focus
11.6 Chevron Corp.
Chevron Corp. - Overview
Chevron Corp. - Business segments
Chevron Corp. - Key news
Chevron Corp. - Key offerings
Chevron Corp. - Segment focus
11.7 Excelerate Energy Inc.
Excelerate Energy Inc. - Overview
Excelerate Energy Inc. - Product / Service
Excelerate Energy Inc. - Key offerings
11.8 Golar LNG Ltd.
Golar LNG Ltd. - Overview
Golar LNG Ltd. - Business segments
Golar LNG Ltd. - Key offerings
Golar LNG Ltd. - Segment focus
11.9 Hoegh LNG Holdings Ltd.
Hoegh LNG Holdings Ltd. - Overview
Hoegh LNG Holdings Ltd. - Business segments
Hoegh LNG Holdings Ltd. - Key news
Hoegh LNG Holdings Ltd. - Key offerings
Hoegh LNG Holdings Ltd. - Segment focus
11.10 MODEC Inc.
MODEC Inc. - Overview
MODEC Inc. - Product / Service
MODEC Inc. - Key offerings
11.11 Petroleo Brasileiro SA
Petroleo Brasileiro SA - Overview
Petroleo Brasileiro SA - Business segments
Petroleo Brasileiro SA - Key offerings
Petroleo Brasileiro SA - Segment focus
11.12 SBM Offshore NV
SBM Offshore NV - Overview
SBM Offshore NV - Business segments
SBM Offshore NV - Key offerings
SBM Offshore NV - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Americas - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Chart on Americas: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits 19: Historic Market Size - Data Table on Floating Production Systems (FPS) Market in Americas 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Five forces analysis - Comparison between 2023 and 2028
Exhibits 23: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 28: Chart on Market condition - Five forces 2023 and 2028
Exhibits 29: Chart on Type - Market share 2023-2028 (%)
Exhibits 30: Data Table on Type - Market share 2023-2028 (%)
Exhibits 31: Chart on Comparison by Type
Exhibits 32: Data Table on Comparison by Type
Exhibits 33: Chart on FPSO - Market size and forecast 2023-2028 ($ billion)
Exhibits 34: Data Table on FPSO - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Chart on FPSO - Year-over-year growth 2023-2028 (%)
Exhibits 36: Data Table on FPSO - Year-over-year growth 2023-2028 (%)
Exhibits 37: Chart on Semi-submersible - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Data Table on Semi-submersible - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Chart on Semi-submersible - Year-over-year growth 2023-2028 (%)
Exhibits 40: Data Table on Semi-submersible - Year-over-year growth 2023-2028 (%)
Exhibits 41: Chart on SPAR - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Data Table on SPAR - Market size and forecast 2023-2028 ($ billion)
Exhibits 43: Chart on SPAR - Year-over-year growth 2023-2028 (%)
Exhibits 44: Data Table on SPAR - Year-over-year growth 2023-2028 (%)
Exhibits 45: Chart on TLP - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Data Table on TLP - Market size and forecast 2023-2028 ($ billion)
Exhibits 47: Chart on TLP - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on TLP - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 53: Market opportunity by Type ($ billion)
Exhibits 54: Data Table on Market opportunity by Type ($ billion)
Exhibits 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 56: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 57: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 58: Chart on Geographic comparison
Exhibits 59: Data Table on Geographic comparison
Exhibits 60: Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibits 61: Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Chart on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 66: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 68: Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Chart on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on Rest of Americas - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Data Table on Rest of Americas - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Chart on Rest of Americas - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on Rest of Americas - Year-over-year growth 2023-2028 (%)
Exhibits 80: Market opportunity By Geographical Landscape ($ billion)
Exhibits 81: Data Table on Market opportunity By Geographical Landscape ($ billion)
Exhibits 82: Impact of drivers and challenges in 2023 and 2028
Exhibits 83: Overview on criticality of inputs and factors of differentiation
Exhibits 84: Overview on factors of disruption
Exhibits 85: Impact of key risks on business
Exhibits 86: Companies covered
Exhibits 87: Matrix on companies position and classification
Exhibits 88: BHP Group Ltd. - Overview
Exhibits 89: BHP Group Ltd. - Business segments
Exhibits 90: BHP Group Ltd. - Key offerings
Exhibits 91: BHP Group Ltd. - Segment focus
Exhibits 92: BP Plc - Overview
Exhibits 93: BP Plc - Business segments
Exhibits 94: BP Plc - Key news
Exhibits 95: BP Plc - Key offerings
Exhibits 96: BP Plc - Segment focus
Exhibits 97: BW Offshore Ltd. - Overview
Exhibits 98: BW Offshore Ltd. - Business segments
Exhibits 99: BW Offshore Ltd. - Key offerings
Exhibits 100: BW Offshore Ltd. - Segment focus
Exhibits 101: Chevron Corp. - Overview
Exhibits 102: Chevron Corp. - Business segments
Exhibits 103: Chevron Corp. - Key news
Exhibits 104: Chevron Corp. - Key offerings
Exhibits 105: Chevron Corp. - Segment focus
Exhibits 106: Excelerate Energy Inc. - Overview
Exhibits 107: Excelerate Energy Inc. - Product / Service
Exhibits 108: Excelerate Energy Inc. - Key offerings
Exhibits 109: Golar LNG Ltd. - Overview
Exhibits 110: Golar LNG Ltd. - Business segments
Exhibits 111: Golar LNG Ltd. - Key offerings
Exhibits 112: Golar LNG Ltd. - Segment focus
Exhibits 113: Hoegh LNG Holdings Ltd. - Overview
Exhibits 114: Hoegh LNG Holdings Ltd. - Business segments
Exhibits 115: Hoegh LNG Holdings Ltd. - Key news
Exhibits 116: Hoegh LNG Holdings Ltd. - Key offerings
Exhibits 117: Hoegh LNG Holdings Ltd. - Segment focus
Exhibits 118: MODEC Inc. - Overview
Exhibits 119: MODEC Inc. - Product / Service
Exhibits 120: MODEC Inc. - Key offerings
Exhibits 121: Petroleo Brasileiro SA - Overview
Exhibits 122: Petroleo Brasileiro SA - Business segments
Exhibits 123: Petroleo Brasileiro SA - Key offerings
Exhibits 124: Petroleo Brasileiro SA - Segment focus
Exhibits 125: SBM Offshore NV - Overview
Exhibits 126: SBM Offshore NV - Business segments
Exhibits 127: SBM Offshore NV - Key offerings
Exhibits 128: SBM Offshore NV - Segment focus
Exhibits 129: Inclusions checklist
Exhibits 130: Exclusions checklist
Exhibits 131: Currency conversion rates for US$
Exhibits 132: Research methodology
Exhibits 133: Information sources
Exhibits 134: Data validation
Exhibits 135: Validation techniques employed for market sizing
Exhibits 136: Data synthesis
Exhibits 137: 360 degree market analysis
Exhibits 138: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the floating production systems (FPS) market in americas: BHP Group Ltd., BP Plc, BW Offshore Ltd., Cenovus Energy Inc., Chevron Corp., Excelerate Energy Inc., Golar LNG Ltd., Hoegh LNG Holdings Ltd., MODEC Inc., Petroleo Brasileiro SA, Saipem S.p.A., SBM Offshore NV, Shell plc, Suncor Energy Inc., Teekay Corp., TotalEnergies SE, and Yokogawa Electric Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in deepwater and ultra-deepwater projects."

According to the report, one of the major drivers for this market is the increase in demand for energy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BHP Group Ltd.
  • BP Plc
  • BW Offshore Ltd.
  • Cenovus Energy Inc.
  • Chevron Corp.
  • Excelerate Energy Inc.
  • Golar LNG Ltd.
  • Hoegh LNG Holdings Ltd.
  • MODEC Inc.
  • Petroleo Brasileiro SA
  • Saipem S.p.A.
  • SBM Offshore NV
  • Shell plc
  • Suncor Energy Inc.
  • Teekay Corp.
  • TotalEnergies SE
  • Yokogawa Electric Corp.