Offshore Mooring Systems Market Report 2026

The offshore mooring systems market size has grown steadily in recent years. It will grow from $1.83 billion in 2025 to $1.92 billion in 2026 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to growth of offshore oil and gas exploration, expansion of floating production systems, demand for stable offshore platforms, development of deepwater drilling technologies, increase in offshore energy investments.

The offshore mooring systems market size is expected to see steady growth in the next few years. It will grow to $2.32 billion in 2030 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to rising offshore renewable energy projects, growth in deepwater and ultra deepwater developments, demand for flexible mooring solutions, advancements in anchor and mooring line materials, increasing offshore infrastructure spending. Major trends in the forecast period include rising demand for deepwater mooring solutions, growth in FPSO and FLNG deployments, increasing adoption of advanced anchoring technologies, expansion of dynamic positioning integration, demand for high reliability mooring in harsh environments.

The growing demand for energy is anticipated to drive the growth of the offshore mooring systems market in the coming years. Energy refers to the electricity and power generated from natural resources. Offshore mooring systems are essential for floating wind systems, as they enhance energy extraction and optimize the production and transmission of power through cables and umbilicals. Consequently, the rising demand for energy is leading to increased requirements for offshore mooring systems. For example, in July 2024, the International Energy Agency, an autonomous intergovernmental organization based in France, projected that global electricity demand would rise by about 4% in 2024, compared to a 2.5% growth rate in 2023. Thus, the escalating demand for energy is propelling the growth of the offshore mooring systems market.

Major companies operating in the offshore mooring systems market are focusing on developing innovative solutions such as automated mooring systems to improve operational efficiency and reduce costs in renewable energy projects. An automated mooring system is a technology that allows floating structures, such as offshore wind turbines, wave energy converters, or floating solar platforms, to be securely connected or disconnected without manual handling of heavy mooring lines, helping reduce offshore operation time, lower maintenance costs, improve safety, and enhance efficiency in harsh marine environments. For instance, in July 2024, Blackfish Engineering, a UK-based manufacturing company, introduced the C-Dart mooring system, which eliminates the need for operational personnel to handle heavy mooring lines. Designed to quickly connect various floating structures - including wave and tidal energy converters, offshore wind farms, floating solar platforms, and aquaculture installations - the system uses gravity, buoyancy, and rope tension to enable an automated, contact-free connection process. This rapid connect and disconnect capability significantly decreases offshore operation time, reducing overall costs and downtime in renewable energy projects. Constructed from high-tensile, corrosion-resistant materials, the C-Dart system is engineered to withstand harsh marine conditions, extending its service life and minimizing maintenance requirements.

In January 2024, Yinson Holdings Bhd, a Malaysia-based integrated service provider, acquired London Marine Group for an undisclosed amount. This acquisition aims to enhance Yinson's capabilities in delivering innovative solutions for the oil and gas industry, specifically in the realm of offshore production vessels. London Marine Group Limited (LMG), a UK-based marine service company, specializes in designing offshore mooring systems.

Major companies operating in the offshore mooring systems market are SBM Offshore NV, SOFEC Inc., MODEC Inc., Delmar Systems Inc., InterMoor (Acteon Group), Advanced Production and Loading (APL), NOV Inc., TechnipFMC plc, Bluewater Energy Services B.V., Trelleborg Marine Systems, Vryhof Anchors B.V., MacGregor (Cargotec Group), Kongsberg Maritime, Balmoral Comtec Ltd., Scana Industrier ASA, Mampaey Offshore Industries, KTL Offshore Pte Ltd., Moorsure Mooring Systems Solutions Pty Ltd., Lankhorst Ropes, Bridon-Bekaert Ropes Group, WireCo WorldGroup, Huisman Equipment B.V., Acteon Group, Viking SeaTech, JDR Cable Systems Ltd.

Asia-Pacific was the largest region in the offshore mooring systems market share in 2025. The regions covered in the offshore mooring systems market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the offshore mooring systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The offshore mooring systems market consists of sales of internal turret mooring, external turret mooring, and disconnectable turret mooring systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.