Floating Production System Market - Top Companies and Manufacturers

Companies Dominating the Floating Production System Market

Mitsubishi Heavy Industries Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Nippon Yusen Kabushiki Kaisha (NYK Line)
Shell International B.V.
TechnipFMC PLC
Hyundai Heavy Industries Co. Ltd
Keppel Offshore & Marine Ltd
Samsung Heavy Industries Co. Ltd
Bumi Armada Group
Daewoo Shipbuilding & Marine Engineering Co. Ltd.
Teekay Tankers Ltd.
Reliance Naval and Engineering Limited

Browse Key Market Insights with Data Illustration:

Floating Production System (FPS) Market Size & Share, Forecast Report 2037

In the News

Mitsubishi Heavy Industries Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) entered into a joint venture with SBM Offshore N.V. for the charter, operation, and maintenance of a Floating, Production, Storage, and Offloading (FPSO *1) system for Petrobras.
Shell International B.V.’s Appomattox floating production system (FPS) in the deep-water Gulf of Mexico achieved its first production using TechnipFMC’s full-field subsea solution.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of collagen dressings is assessed at USD 12.18 billion.

The floating production system market size was over USD 11.31 billion in 2024 and is anticipated to cross USD 37.24 billion by 2037, witnessing more than 9.6% CAGR during the forecast period i.e., between 2025-2037. The increasing demand for crude oil and natural gas along with the growing oil and gas industry and rising offshore exploration activity will boost the market growth.

Latin America industry is set to hold largest revenue share of 30% by 2037, impelled by increasing investments in offshore projects in the region.

The major players in the market are Mitsubishi Heavy Industries Ltd., Nippon Yusen Kabushiki Kaisha (NYK Line), Shell International B.V., TechnipFMC PLC, Hyundai Heavy Industries Co. Ltd, Keppel Offshore & Marine Ltd, Samsung Heavy Industries Co. Ltd, Bumi Armada Group, Daewoo Shipbuilding & Marine Engineering Co. Ltd., Teekay Tankers Ltd., Reliance Naval and Engineering Limited

Floating Production System Market - Top Companies and Manufacturers

Companies Dominating the Floating Production System Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the floating production system market?

Why is the floating production system sector gaining traction in near future?

Which region accounted for the largest floating production system industry share?

Who are the major floating production system players?