Albany, NY -- (SBWIRE) -- 10/02/2018 -- The demand within the global market for offshore mooring has been rising on account of the ever-expanding need for energy across the world. The popularity of mooring systems for boats, ships, and amphicars can be attributed to the advent of several companies that engage in exploration activities across oceans and seas. Offshore mooring systems consist of ropes, chains, anchors, and other important aids that help in directing the ships or vessels that perform the exploration activities. The tension leg platforms for ships, boats, and vessels extensively deploy offshore mooring systems in order to ease the process of exploration. Furthermore, mooring systems also come in handy for SPAR platforms, semi submersible platforms, and FPSOs.
Owing to the aforementioned factors, the demand within the global market for offshore mooring systems has been rising at a boisterous rate over the past decade. Offshore mooring systems can be used to float ships in water bodies of all depths by connecting an anchor to the sea floor. A report added by Research Moz (Rmoz) sheds light on the intrinsic and extrinsic factors that have aided the growth of the global offshore mooring systems market. The title of the report is "Global Offshore Mooring Systems Market Professional Survey Report 2018".
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The demand within the global market for offshore mooring systems has escalated at a swift pace, majorly due to deepwater oil and gas exploration activities across the globe. The installation of wind turbines across oceans has also given an impetus to the growth of the global market for offshore mooring systems in recent times. The deployment of energy converter technologies to generate more electricity has also invited key investments in the global market for offshore mooring technologies. Deepwater and ultra-deepwater operations have gained popularity across several key regional pockets, and this new trend has created lucrative growth opportunities within the global market for offshore mooring technologies. Offshore substations, underwater cables, and mooring lines have also been upgraded over the past years, and this has further enhanced the growth prospects of the global market for offshore moorings.
On a geographical front, the global market for offshore mooring systems in Europe has been rising, majorly due to the presence of several ports in the region. The use of offshore mooring is not just restricted to the oil and gas industry, but has also made its way in to leisure, adventure sports, and tourism industries. For this reason, the demand within the market for offshore mooring systems in Asia Pacific has also expanded over the past decade.
Some of the key players in the global market for offshore mooring systems are National Oilwell Varco, Timberland Equipment, Mampaey Offshore Industries, and National Oilwell Varco.