Offshore Mooring Market Report 2025 (Global Edition)

Global Offshore Mooring Market Report 2025 Market Size Split by Mooring Type (Catenary, Taut, Semi-taut, Spread, Single Point, Dynamic Positioning), by Application (Floating Production, Storage and Of...

Offshore Mooring Market Report Description

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Offshore Mooring Market Insights Video

Competitive Landscape of the Offshore Mooring Market

The competitive landscape of the offshore mooring market features key players like SBM Offshore, MODEC Inc., and Mampaey Offshore Industries, among others. These companies focus on innovation, strategic partnerships, and expanding their product portfolios to maintain market leadership. The market is characterized by a mix of established players and emerging companies, competing on technology, quality, and project execution capabilities.

Top Companies Market Share in Offshore Mooring Industry: (In no particular order of Rank)

• Balltec Ltd.
• Blue Water Energy LLP
• Delmar Systems
• Inc.
• Mampaey Offshore Industries B.V.
• Moorsure Mooring Systems Solutions Pty Ltd.
• Offspring International
• Rigzone Mooring Systems
• SBM Offshore N.V.
• SOFEC
• Inc.
• Viking Sea Tech
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Offshore Mooring Market

Which Region Dominates the Offshore Mooring Market in 2024?

According to Cognitive Market Research, In 2024, the North American region is anticipated to dominate the offshore mooring market. The dominance is attributed to the region’s extensive offshore oil and gas exploration activities, particularly in the Gulf of Mexico. The presence of major energy companies and significant investments in offshore infrastructure, including floating production units and FPSO vessels, bolster North America's market leadership. The region's advanced technological capabilities and strong regulatory frameworks support its position as a leading market player.

Which Region is Expanding at the Fastest CAGR?

The Asia-Pacific region is expanding at the fastest CAGR in the offshore mooring market. This rapid growth is driven by increasing offshore oil and gas exploration in countries like China, India, and Australia, coupled with significant investments in offshore renewable energy projects. The region’s expanding energy needs and the development of deepwater and ultra-deepwater fields are fueling the demand for advanced mooring systems. Additionally, supportive government policies and infrastructure development contribute to the region's swift market expansion.

 

The current report Scope analyzes Offshore Mooring Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Offshore Mooring Market Analysis

According to Cognitive Market Research, the global Offshore Mooring market size was estimated at USD 2154.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Offshore Mooring market with a market size of USD 679.87 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. Growth driven by advancements in offshore drilling technology and significant investments in the Gulf of Mexico.
• The Canada Offshore Mooring market had a market share of USD 103.40 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Expansion fueled by offshore oil and gas exploration, particularly in the Atlantic region.
• The Mexico Offshore Mooring market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 78.41 million in 2024.

Europe Offshore Mooring Market Analysis

According to Cognitive Market Research, the global Offshore Mooring market size was estimated at USD 2154.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 646.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom Offshore Mooring market had a market share of USD 108.57 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Growth supported by North Sea offshore wind and oil & gas projects, coupled with decommissioning activities.
• The France Offshore Mooring market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 59.46 million in 2024.
• According to Cognitive Market Research, the German Offshore Mooring market size was valued at USD 127.96 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. Expansion in offshore wind energy projects as part of the country's renewable energy initiatives.
• The Italy market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 55.58 million in 2024.
• The Russia market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 100.17 million in 2024.
• The Spain market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD 52.99 million in 2024.
• The Luxembourg market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 20.03 million in 2024.
• The Portugal market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 13.57 million in 2024.
• The Greece market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 7.76 million in 2024.
• The Rest of Europe market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 100.17 million in 2024.

Asia Pacific Offshore Mooring Market Analysis

According to Cognitive Market Research, the global Offshore Mooring market size was estimated at USD 2154.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 495.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Offshore Mooring market size was valued at USD 222.96 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. Rapid growth due to increasing energy demand and substantial investments in offshore oil and gas exploration.
• The Japan Offshore Mooring market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 68.37 million in 2024.
• The India Offshore Mooring market had a market share of USD 59.46 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. Expansion driven by efforts to increase domestic energy production and exploration in the offshore sector.
• The South Korea market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 49.55 million in 2024.
• The Australia market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 25.76 million in 2024.
• The South East Asia market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 34.19 million in 2024.
• The Rest of APAC market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 35.18 million in 2024.

South America Offshore Mooring Market Analysis

According to Cognitive Market Research, the global Offshore Mooring market size was estimated at USD 2154.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 107.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Offshore Mooring market size was valued at USD 46.10 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Growth fueled by the development of pre-salt offshore oil fields and government incentives for foreign investment.
• Argentina's Offshore Mooring market had a market share of USD 18.10 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Emerging growth driven by new offshore exploration activities and investment incentives.
• Colombia Offshore Mooring market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 9.59 million in 2024.
• The Peru market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 8.83 million in 2024.
• The Chile market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 7.76 million in 2024.
• The Rest of LATAM market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 17.34 million in 2024.

Middle East Offshore Mooring Market Analysis

According to Cognitive Market Research, the global Offshore Mooring market size was estimated at USD 2154.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 43.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• The GCC Countries Offshore Mooring market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 18.44 million in 2024. Expansion supported by significant investments in offshore oil and gas production in the Persian Gulf.
• The Egypt Offshore Mooring market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 4.52 million in 2024.
• The South Africa Offshore Mooring market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 6.81 million in 2024. New offshore exploration activities and energy resource development.
• The Turkey market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 3.71 million in 2024.
• The Nigeria market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 4.52 million in 2024.
• The Rest of MEA market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 5.08 million in 2024.

Offshore Mooring Market Analysis

How are Segments Performing in the Global Offshore Mooring Market?

Offshore Mooring Market Type Segment Analysis

According to Cognitive Market Research, The Catenary mooring type holds the largest market share in the offshore mooring market due to its proven reliability and cost-effectiveness. This system, which uses heavy chain or rope to form a catenary curve, provides excellent stability and can handle significant dynamic loads, making it ideal for a range of offshore applications including floating production units and oil rigs. Its long history of successful use in various marine environments and its ability to accommodate significant water depth variations contribute to its dominance. Despite the emergence of newer technologies, the catenary mooring remains the most widely adopted due to its robustness and adaptability.

The Dynamic Positioning (DP) mooring type is the fastest-growing segment in the offshore mooring market. This technology uses thrusters and advanced control systems to maintain the position of floating vessels without physical mooring lines. The rapid growth is driven by its ability to enhance operational flexibility and efficiency in challenging offshore conditions. As the industry increasingly focuses on deepwater and ultra-deepwater exploration, DP systems are becoming more prevalent due to their ability to provide precise positioning and stability for vessels such as floating production, storage, and offloading (FPSO) units. The ongoing technological advancements and expanding applications contribute to its rapid growth.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Offshore Mooring Industry. Request a Free Sample PDF!

Offshore Mooring Market Application Segment Analysis

According to Cognitive Market Research, The Floating Production, Storage, and Offloading (FPSO) vessels segment is the largest in the offshore mooring market. FPSOs are critical for deepwater and ultra-deepwater oil and gas exploration, providing a versatile solution for offshore production and storage. Their capability to process and store hydrocarbons while remaining anchored in challenging environments drives high demand for reliable mooring systems. The large scale of FPSO projects and their significant contribution to global oil and gas production solidify their position as the largest application segment. The continuous investment in FPSO units, driven by the need to access remote and deepwater reserves, sustains this segment's dominance.

The Floating Liquefied Natural Gas (FLNG) vessels segment is the fastest-growing application in the offshore mooring market. FLNG units are designed to produce, liquefy, and store natural gas offshore, offering a cost-effective solution for developing remote gas fields. The surge in global demand for LNG as a cleaner energy source propels the growth of FLNG projects. Technological advancements and increasing investments in LNG infrastructure further accelerate the segment's expansion. As more FLNG units are deployed to meet the rising demand for natural gas, the segment's rapid growth reflects its pivotal role in the evolving energy landscape.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Offshore Mooring Anchors Segment Analysis

Offshore Mooring Market Anchors Segment Analysis

According to Cognitive Market Research, In the offshore mooring market, Drag Embedment Anchors are the largest segment due to their widespread use in various offshore applications. These anchors are favored for their ability to provide strong holding power in a range of soil conditions, making them suitable for securing floating platforms, FPSO units, and wind turbines. Their versatility and reliability in deepwater and challenging marine environments contribute to their dominance in the market. The large-scale adoption of drag embedment anchors is supported by their cost-effectiveness and proven performance across numerous offshore projects.

Suction Anchors represent the fastest-growing segment in the offshore mooring market. This growth is driven by their superior load-bearing capacity and suitability for deepwater applications. Suction anchors are increasingly used in the installation of floating production units and offshore wind farms due to their efficiency and stability in various seabed conditions. The technological advancements in suction anchor designs, combined with rising offshore exploration and renewable energy projects, contribute to their rapid market expansion. Their ability to adapt to challenging environments and provide enhanced performance makes them a key driver of growth in the anchors segment.

• Drag Embedment Anchors
• Suction Anchors
• Vertical Load Anchors

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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