FPSO Market Size 2025 – Key Growth Trends in By Storage Capacity (Less than 1 MMBBLs, 1-2 MMBBLs, and More than 2 MMBBLs) By Water Depth (Shallow Water, Deepwater, and Ultra-Deepwater), By Construction Type (Converted and New Build), By Hull Type (Single Hull and Double Hull), By Ownership (Contractor Owned {Contractor Managed and Operator Managed} and Operator Owned {Contractor Managed and Operator Managed}), and Regional Forecast, 2020-2027 Sector
Explore the comprehensive analysis of the FPSO Market market in 2025, driven by rising demand in By Storage Capacity (Less than 1 MMBBLs, 1-2 MMBBLs, and More than 2 MMBBLs) By Water Depth (Shallow Water, Deepwater, and Ultra-Deepwater), By Construction Type (Converted and New Build), By Hull Type (Single Hull and Double Hull), By Ownership (Contractor Owned {Contractor Managed and Operator Managed} and Operator Owned {Contractor Managed and Operator Managed}), and Regional Forecast, 2020-2027 and evolving energy and power dynamics. This report covers market size, share, trends, growth drivers, competitive landscape, and regional insights.
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The global FPSO market size was valued at USD 13.06 billion in 2019 and is projected to grow from USD 6.78 billion in 2020 to USD 34.65 billion in 2032, exhibiting a CAGR of 14.56% during the forecast period.
Market Size and Growth Forecast (2025–2032)
The global FPSO Market market is projected to experience substantial growth during the forecast period, fueled by:
Key Market Trends Include:
Major Manufacturers in the FPSO Market Market
Prominent companies operating in the FPSO Market industry include:
Petrobras (Brazil)
CNOOC (China)
Total (France)
Royal Dutch Shell (Netherlands)
Chevron (U.S.)
ExxonMobil (U.S.)
BP (UK)
Equinor (Norway)
Woodside Energy (Australia)
Aker Solutions (Norway)
Dana Petroleum Limited (UK)
Vår Energi (Norway)
Vietsovpetro (Vietnam)
Eni (Italy)
Dommo Energia (Brazil)
Keppel Offshore & Marine (Singapore)
BW Offshore (Norway)
Teekay (Bermuda)
Bumi Armada Berhad (Malaysia)
SBM Offshore (Netherlands)
Yinson Holdings Berhad (Malaysia)
Bluewater (Netherlands)
MISC Berhad (Malaysia)
Modec Inc. (Japan)
Rubicon Offshore (Singapore)
Saipem (Italy)
(Full company list provided in the report)
FPSO Market Market Strategies
The evolving energy and power landscape demands:
Scope of the FPSO Market Market Report
Regional Market Segmentation
Frequently Asked Questions (FAQs)
Table of Contents Snapshot
Market Overview 2025
1.1 Introduction to FPSO Market
1.2 Analysis by Type
1.3 Applications & Use Cases
1.4 Regional Breakdown (North America, Europe, APAC, etc.)
[Continued in Full Report…]
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