South America will continue to lead globally with planned deployment of around 23 FPSOs, followed by Africa and Europe by 2021.
Albany, NY -- (SBWIRE) -- 05/19/2017 -- In the current scenario, the global FPSO industry is witnessing a sharp rise in revenue as the new acquisitions is on the rise. To look into this factor, a fresh study has been added into the vast online repository of Market Research Hub (MRH) and is titled ''Q1 2017 Global FPSO Industry Outlook: Surge in Planned FPSO Delays''. The report presents a professional analysis of the industry by studying major factors that affect the market such as the current acquisitions, market outlook, active regions and market participants during the forecast period till 2021.
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The report starts by evaluating the sectors in terms of the industry outlook, classification, and applications. Then, the study introspects the key highlights, new project announcements and new project cancellations. Similarly, the information about the postponed projects, and stalled projects give the crucial data to help improve the business production.
Another important facet of the report is the evaluation of the geographical expanse of the FPSO market. Some of the active regions that are analyzed in this study are South America, North America, Europe, Asia, Middle East and Africa. As per the report, among active countries Brazil is at the top, followed by Angola and The U.K. in the FPSO (floating production storage and offloading) sector. The synopsis also provides information about 54 FPSOs that are predicted to begin global operations during the next four years. . The report also explains the reason behind the expected growth in South America region, which is estimated for major growth with planned deployment of almost 23 FPSOs, preceded by Africa and Europe in the year 2021.
Additionally, the report provides the snapshot of the competitive landscape of this industry through the analysis of the leading manufacturers who are creating maximum profits. Some of the successful companies evaluated in this study are Petrleo Brasileiro S.A., Royal Dutch Shell Plc and Cobalt International Energy Inc. These companies are expected to remain the key global players within operators having the biggest deployment among the planned FPSOs in the year 2021.
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Finally, the report offers significant knowledge about the sector such as the number of FPSOs that were brought online by the active regions in the world from 2010 to 2017, as well as the estimation of the market outlook till the year 2025. Moreover, the synopsis also foretells the number of FPSOs that shall be brought online during the year 2021 by the active operators and countries. In the end, it also gives details of the biggest FPSOs planned globally for the forecast period till 2021; alongside the present contracts, tenders and developments of FPSOs considering the most active regions are detailed.
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