Global Floating Production Systems Market - Analysis, Technologies & Forecasts to 2022 - Projected to Reach 53.34 Billion - Research and Markets

Research and Markets has announced the addition of the "Global Floating Production Systems Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022" report to their offering.

The global floating production systems market is projected to reach $53.34 billion by 2022, from US$ 14.78 billion in 2015 with a projected CAGR of 17.40%. There is high demand for crude oil, along with the increase in offshore generation is driving the floating production systems market. The increase in the number of investments from operators, particularly for ultra-deep waters and deep fuels the growth of the industry.

Floating production systems are offshore production technique that is used for the production of hydrocarbons. The procedure consisted separates gas, oil, water sand and so on, and distributes the yields to storage, disposal, or transportation facilities. Floating production systems are a crucial module required for offshore oil and gas developments. Floating production systems are used for drilling and exploration activities in offshore oil and gas production at various water depths.

There is a high number of oil reserves in Europe are situated in offshore regions such as the Barents Sea and the Norwegian Sea, stable growth of the floating production systems market is anticipated in these regions. Owing to the increasing population and intense industrialization, Asia Pacific and North America are projected to observe high growth of the market for floating production systems.

Companies Mentioned:

• Bumi Armada Berhad
• Chevron
• Daewoo Shipbuilding Marine Engineering Co. Ltd.
• Hyundai Heavy Industries Co. Ltd.
• Keppel Offshore And Marine Ltd.
• Malaysia Marine And Heavy Engineering
• Mitsubishi Heavy Industries Corporation
• Petrobras

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Sector Analysis

5. Market Segmentation

6. Geographic Analysis

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/kthvnz/global_floating

View source version on businesswire.com: http://www.businesswire.com/news/home/20161028005481/en/