Global Mooring Inspection Market, By Type (Below Water Inspection, Above Water Inspection), By Techn

Published Date: June 2019 | Report Code : EP2058739

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Global Mooring Inspection Market, By Type (Below Water Inspection, Above Water Inspection), By Technology (MPI, UT, CVI, Mooring Line Dimension Measurement, Electromagnetic Detection, Others), By End-Use Industry (Oil, Natural gas, Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & forecasting (2016-2028)

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Domain : Energy

Report Code : EP2058739

Status : Published June 2019

The Global Mooring Inspection Market size is expected to reach USD 468.7 Million in 2028 growing at a CAGR of 3.7% during the period from 2016-2028.

A mooring is a perennial structure to which ships, boats or any vessel is secured. Some of the examples include quays, jetties, wharves, anchors and mooring buoys. The mooring inspection market is of utmost importance considering offshore loading systems. Hence the rectitude of mooring systems is very essential to ensure lifelong service & quality.

Mooring Inspection Market

Mooring Inspection Market

 

Oil & Natural Gas industry is the biggest end-user industry regarding the mooring inspection systems. Approximately 85% of the global mooring market is covered by the oil industry. Close visual inspection (CVI) is the most used technology in mooring inspection. Mooring inspection market is being segmented in above & below water types, the divers involved in mooring inspection need to physically or visually inspect the mooring sites. Underwater mooring is somewhat dangerous since there are many moving parts. Coral reef mooring inspection for Oil & natural gas offshoring is a very important function. Franklin Offshore Pvt. Ltd. It is the biggest player in the mooring inspection market. It has a presence in all segments of the mooring inspection market.

Mooring Inspection Market

Mooring Inspection Market

Since it is a very niche industry, there are very few major players in this market competing amongst each, hence the mooring inspection market is very much oligopolistic in nature. Due to the interdependence of companies on each other, the market is very uniform throughout.

The mooring inspection market is dominant in Asia-Pacific especially Australia & New Zealand. The Asia Pacific market is on steady growth due to the growing oil industry in these regions. The North American region is also projected to grow at a steady pace. The mooring inspection market is almost non-existent in the Middle East.

Key Factors Impacting Market Growth:

  • Growing Oil & Natural gas industry
  • The tremendous growth in the Asia-Pacific market
  • Growing concerns about the degradation of the water ecosystem
  • Stringent government regulations regarding water pollution

Key Developments in Mooring Inspection Market

  • In 2007, 3i invested heavily in Franklin offshore with Intermediate Capital Group providing mezzanine financing to expand in Europe.

What Does This Report Provide?

This report provides a detailed understanding of the global mooring inspection market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Type:

  • Below Water Inspection (BWI)
  • Above Water Inspection (AWI)

By Technology:

  • MPI
  • UT
  • CVI
  • Mooring Line Dimension Measurement
  • Electromagnetic Detection

By End-Use Industry:

  • Oil
  • Natural Gas
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Technology
    • By End-User Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Technology
    • By End-User Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Technology
    • By End-User Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Technology
    • By End-User Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Technology
    • By End-User Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Technology
    • By End-User Industry

Companies Covered: Welaptega, Oceaneering International, DeepOcean, Acteon Group, InterMoor, Deep Sea Mooring, DOF Subsea, Moffatt & Nichol, Delmar, Viking Seatech, Franklin Offshore Pvt. Ltd., and JIFMAR Offshore Services…

Years Considered In The Study

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR % (2019-2028)

3.7%

Reasons To Buy This Report:

  • Market size estimation of the global mooring inspection market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

  • We provide customization of the study to meet specific requirements:
  • By Segment
  • By Sub-segment
  • By Region/Country

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