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Mooring Inspection Market by Type (BWI, AWI), Technology (CVI, MPI, UT, Electromagnetic Detection, Mooring Line Dimension Measurement, Others), Region (APAC Latin America, North America, Middle East & Africa, Europe) - Global Forecast to 2020

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The global mooring inspection market is projected to reach USD 362.5 million by 2020, at a CAGR of 3.4% between 2015 and 2020. The main reason for the growth of this market is the raising concerns towards increasing mooring safety. The growing demand for inspection services from offshore oil & gas industry has been driving the growth of this market over the years.

The primary purpose of any mooring inspection process is to detect defects in a mooring system requiring immediate attention. Therefore, mooring inspection process has become an integral part of all maintenance performed for any floating production platform. A preventive maintenance program supported by a detailed inspection process is an effective way to ensure the facilitys life and reliable service.
BWI (Below Water Inspection) segment is the biggest type segment

The BWI segment an important inspection type for mooring inspection witnessed positive growth rate in 2014. BWI is the largest segment of the market, owing to the higher inspection cost of compared to AWI; underwater inspection requires sophisticated equipment, diving experts, and risk-based assessment of mooring components. Many offshore platforms have started using mooring monitoring systems to detect damages as early as possible. However, there have been cases where mooring monitoring systems failed to detect damages that were noticed during regular annual inspection. Therefore, BWI is considered as a critical process in the maintenance program of mooring components.

Asia-Pacific is the biggest geographical segment

Asia-Pacific commands the largest share of the total mooring inspection market. The North American and European mooring inspection markets are expected to witness a slower growth rate compared to that of Asia-Pacific, Latin America, and Middle East & Africa. The market in Asia-Pacific is in the growth phase and is the fastest-growing region considering the growth in economy as well as new projects coming up in offshore oil & gas industry. The growth in the Asia-Pacific region is expected to outpace North American and European regions during the forecast period.

Profile break-up of primary participants for the report:

By Company Type - Tier 1 55 %, Tier 2 20% and Tier 3 25%
By Designation C level 75%, Manager level 25%
By Region North America - 10%, Europe 20%, Asia-Pacific 40%, RoW 30%

This study estimates the market value for mooring inspection market during the forecast period (2015 to 2020). As a part of quantitative analysis, the study segments the market by different technology of mooring inspection with the current market estimation and forecast till 2020. Major countries covered in this report include China, Australia, India, Brazil, Norway, Angola, UAE, Saudi Arabia, U.S., Canada, and Mexico. This market is classified on the basis of technology into CVI, MPI, UT, electromagnetic detection, mooring line dimension measurement, and others.
Further, as part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as Welaptega (Canada), Oceaneering International (U.S.), DeepOcean (Netherlands), Acteon Group (U.K.), InterMoor (U.S.), Deep Sea Mooring (Norway), DOF Subsea (Norway), Moffatt & Nichol (U.S.), Delmar (U.S.), and others.

Reasons to buy this report:

This report covers the following key aspects:
What will the market size be by 2020, and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges that impact the market growth?
Who are the key players in this market?
Global report covers key regions such as Asia-Pacific, Latin America, North America, Middle East & Africa with their major countries
1 INTRODUCTION 11
1.1 OBJECTIVES OF THE STUDY 11
1.2 MARKET DEFINITION 11
1.3 SCOPE OF THE STUDY 12
1.3.1 REGIONAL SCOPE 12
1.3.2 MARKETS COVERED 12
1.3.3 YEARS CONSIDERED IN THE REPORT 13
1.4 CURRENCY & PRICING 13
1.5 STAKEHOLDERS 13
2 RESEARCH METHODOLOGY 14
2.1 RESEARCH DATA 14
2.1.1 KEY DATA FROM SECONDARY SOURCES 15
2.1.2 KEY DATA FROM PRIMARY SOURCES 16
2.1.2.1 Key industry insights 17
2.2 MARKET SIZE ESTIMATION 18
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 20
2.4 MARKET SHARE ESTIMATION 21
2.4.1 ASSUMPTIONS 21
2.4.2 LIMITATIONS 21
3 EXECUTIVE SUMMARY 22
4 PREMIUM INSIGHTS 26
4.1 ATTRACTIVE OPPORTUNITIES IN THE MOORING INSPECTION MARKET 26
4.2 GLOBAL MOORING INSPECTION SYSTEM MARKET 27
4.3 MOORING INSPECTION SYSTEM MARKET SCENARIO IN ASIA-PACIFIC 28
4.4 MOORING INSPECTION MARKET ATTRACTIVENESS, BY TYPE (2020) 29
5 MARKET OVERVIEW 30
5.1 INTRODUCTION 30
5.1.1 MOORING INSPECTION 30
5.1.2 DRIVERS 32
5.1.2.1 Rising concerns towards increasing mooring safety 32
5.1.2.2 Regulations driving scheduled inspection practices 32
5.1.3 RESTRAINTS 33
5.1.3.1 Decrease in oil prices 33
5.1.4 OPPORTUNITIES 34
5.1.4.1 Development of accurate and reliable inspection technology and process 34
5.1.5 CHALLENGES 34
5.1.5.1 Lack of reliable mooring tension monitoring systems 34
5.1.5.2 Lack of financial support to develop advanced inspection technology 34
6 MOORING INSPECTION MARKET, BY TYPE 35
6.1 INTRODUCTION 36
6.2 BWI MOORING INSPECTION 37
6.2.1 BWI MOORING INSPECTION MARKET IN DIVER INSPECTION 39
6.2.2 BWI MOORING INSPECTION MARKET IN ROV INSPECTION 39
6.3 AWI MOORING INSPECTION 40
7 MOORING INSPECTION MARKET, BY TECHNOLOGY 41
7.1 INTRODUCTION 42
7.2 BY TECHNOLOGY 42
7.2.1 CLOSE VISUAL INSPECTION 44
7.2.2 MAGNETIC PARTICLE INSPECTION 45
7.2.3 ULTRASONIC TESTING 45
7.2.4 ELECTROMAGNETIC DETECTION 46
7.2.5 MOORING LINE DIMENSION MEASUREMENT 47
8 MOORING INSPECTION MARKET, BY REGION 48
8.1 INTRODUCTION 49
8.2 NORTH AMERICA 52
8.3 EUROPE 56
8.4 ASIA-PACIFIC 59
8.5 LATIN AMERICA 62
8.6 MIDDLE EAST & AFRICA 65
9 COMPETITIVE LANDSCAPE 69
9.1 OVERVIEW 69
9.2 FUTURE TRENDS 70
9.3 EXPANSIONS 71
9.4 NEW PRODUCT/TECHNOLOGY LAUNCHES 71
9.5 AGREEMENTS/CONTRACTS/PARTNERSHIPS 72
9.6 MERGERS & ACQUISITIONS 72

10 COMPANY PROFILES 73
(Overview, Financial*, Products & Services, Strategy, and Developments)
10.1 INTRODUCTION 73
10.2 OCEANEERING INTERNATIONAL, INC. 74
10.3 DOF SUBSEA 77
10.4 WELAPTEGA MARINE LIMITED 80
10.5 DEEPOCEAN GROUP HOLDING BV 81
10.6 ACTEON GROUP LTD. 83
10.7 DELMAR SYSTEMS, INC. 85
10.8 MOFFATT & NICHOL 87
10.9 DEEP SEA MOORING AS 90
10.10 VIKING SEATECH LTD. 92
*Details might not be captured in case of unlisted companies
11 APPENDIX 94
11.1 OTHER DEVELOPMENTS 94
11.2 AVAILABLE CUSTOMIZATIONS 95
11.3 DISCUSSION GUIDE 96
11.4 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 98
11.5 RELATED REPORTS 100

List Of Tables

TABLE 1 MOORING INSPECTION MARKET IN ASIA-PACIFIC TO REGISTER HIGH GROWTH BETWEEN 2015 AND 2020 22
TABLE 2 MOORING INSPECTION MARKET, BY TYPE, 20132020 (USD MILLION) 36
TABLE 3 BWI MOORING INSPECTION MARKET, BY REGION, 20132020 (USD BILLION) 37
TABLE 4 BWI MOORING INSPECTION MARKET IN DIVER INSPECTION,
20132020 (USD MILLION) 39
TABLE 5 BWI MOORING INSPECTION MARKET IN ROV INSPECTION,
20132020 (USD MILLION) 39
TABLE 6 AWI MOORING INSPECTION MARKET, BY REGION, 20132020 (USD MILLION) 40
TABLE 7 MOORING INSPECTION MARKET, BY TECHNOLOGY, 20132020 (USD MILLION) 43
TABLE 8 MOORING INSPECTION MARKET FOR CLOSE VISUAL INSPECTION , BY REGION, 20132020 (USD MILLION) 44
TABLE 9 MOORING INSPECTION MARKET FOR MAGNETIC PARTICLE INSPECTION,
BY REGION, 20132020 (USD MILLION) 45
TABLE 10 MOORING INSPECTION MARKET FOR ULTRASONIC TESTING, BY REGION,
20132020 (USD MILLION) 46
TABLE 11 MOORING INSPECTION MARKET FOR ELECTROMAGNETIC DETECTION TECHNOLOGY, BY REGION, 20132020 (USD MILLION) 46
TABLE 12 MOORING INSPECTION MARKET FOR MOORING LINE DIMENSION MEASUREMENT TECHNOLOGY, BY REGION, 20132020 (USD MILLION) 47
TABLE 13 MOORING INSPECTION MARKET, BY REGION, 20132020 (USD MILLION) 51
TABLE 14 NORTH AMERICA: MOORING INSPECTION MARKET, BY TYPE,
20132020 (USD MILLION) 52
TABLE 15 NORTH AMERICA: MOORING INSPECTION MARKET, BY COUNTRY,
20132020 (USD MILLION) 54
TABLE 16 NORTH AMERICA: MOORING INSPECTION MARKET, BY TECHNOLOGY,
20132020 (USD MILLION) 55
TABLE 17 EUROPE: MOORING INSPECTION MARKET, BY TYPE, 20132020 (USD MILLION) 56
TABLE 18 EUROPE: MOORING INSPECTION MARKET, BY COUNTRY,
20132020 (USD MILLION) 58
TABLE 19 EUROPE: MOORING INSPECTION MARKET, BY TECHNOLOGY,
20132020 (USD MILLION) 58
TABLE 20 ASIA PACIFIC: MOORING INSPECTION MARKET, BY TYPE,
20132020 (USD MILLION) 59
TABLE 21 ASIA PACIFIC: MOORING INSPECTION MARKET, BY COUNTRY,
20132020 (USD MILLION) 61
TABLE 22 ASIA PACIFIC: MOORING INSPECTION MARKET, BY TECHNOLOGY,
20132020 (USD MILLION) 61
TABLE 23 LATIN AMERICA: MOORING INSPECTION MARKET, BY TYPE,
20132020 (USD MILLION) 62
TABLE 24 LATIN AMERICA: MOORING INSPECTION MARKET, BY COUNTRY,
20132020 (USD MILLION) 64
TABLE 25 LATIN AMERICA: MOORING INSPECTION MARKET, BY TECHNOLOGY,
20132020 (USD MILLION) 64
TABLE 26 MIDDLE EAST & AFRICA: MOORING INSPECTION MARKET, BY TYPE,
20132020 (USD MILLION) 65
TABLE 27 MIDDLE EAST & AFRICA: MOORING INSPECTION MARKET, BY COUNTRY,
20132020 (USD MILLION) 67
TABLE 28 MIDDLE EAST & AFRICA: MOORING INSPECTION MARKET, BY TECHNOLOGY, 20132020 (USD MILLION) 67
TABLE 29 EXPANSION, 20102016 71
TABLE 30 NEW PRODUCT/TECHNOLOGY LAUNCHES, 20102016 71
TABLE 31 AGREEMENTS/CONTRACTS/PARTNERSHIPS, 20102016 72
TABLE 32 MERGERS & ACQUISITIONS, 20102015 72
TABLE 33 EXPANSION 94
TABLE 34 AGREEMENTS/CONTRACTS/PARTNERSHIPS, 20102016 94

List Of Figures

FIGURE 1 MOORING INSPECTION MARKET: MARKET SEGMENTATION 12
FIGURE 2 MOORING INSPECTION MARKET, RESEARCH DESIGN 14
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 17
FIGURE 4 BOTTOM-UP APPROACH 18
FIGURE 5 TOP-DOWN APPROACH 19
FIGURE 6 MOORING INSPECTION MARKET: DATA TRIANGULATION 20
FIGURE 7 BWI SEGMENT DOMINATED THE MOORING INSPECTION MARKET IN 2015 23
FIGURE 8 CVI SEGMENT TO DOMINATE THE MOORING INSPECTION MARKET DURING THE FORECAST PERIOD 24
FIGURE 9 ASIA-PACIFIC DOMINATED THE MOORING INSPECTION MARKET IN 2014 AND IS EXPECTED TO GROW AT THE HIGHEST CAGR 25
FIGURE 10 THE MOORING INSPECTION MARKET IS PROJECTED TO GROW AT A HIGH CAGR DURING THE FORECAST PERIOD 26
FIGURE 11 THE ASIA-PACIFIC MOORING INSPECTION MARKET IS PROJECTED TO REGISTER THE HIGHEST GROWTH BETWEEN 2015 AND 2020 27
FIGURE 12 SOUTH EAST ASIA IS THE GROWTH ENGINE OF THE REGION 28
FIGURE 13 BELOW WATER INSPECTION TYPE IS LARGEST SEGMENT BETWEEN
2015 AND 2020 29
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES & CHALLENGES IN THE MOORING INSPECTION INDUSTRY 31
FIGURE 15 THE BWI SEGMENT DOMINATED THE MOORING INSPECTION MARKET 36
FIGURE 16 THE DIVER INSPECTION SEGMENT DOMINATED THE MOORING INSPECTION MARKET 38
FIGURE 17 MOORING INSPECTION MARKET, 2015 & 2020 (USD MILLION) 42
FIGURE 18 ASIA-PACIFIC EXPECTED TO BE A LUCRATIVE REGION FOR THE MOORING INSPECTION MARKET DURING THE FORECAST PERIOD 49
FIGURE 19 ASIA-PACIFIC EXPECTED TO WITNESS HIGH GROWTH IN THE MOORING INSPECTION MARKET FOR CLOSE VISUAL INSPECTION 50
FIGURE 20 NORTH AMERICA: MARKET SNAPSHOT 53
FIGURE 21 EUROPE: MARKET SNAPSHOT 57
FIGURE 22 ASIA PACIFIC: MARKET SNAPSHOT 60
FIGURE 23 LATIN AMERICA MARKET SNAPSHOT 63
FIGURE 24 MIDDLE EAST & AFRICA MARKET SNAPSHOT 66
FIGURE 25 COMPANIES ADOPTED AGREEMENTS/CONTRACTS/PARTNERSHIPS AS THE KEY GROWTH STRATEGY BETWEEN 2010 AND 2016 69
FIGURE 26 BATTLE FOR MARKET SHARE: AGREEMENTS/CONTRACTS/PARTNERSHIPS WAS THE KEY STRATEGY 70
FIGURE 27 REGIONAL REVENUE MIX OF TOP MARKET PLAYERS 73
FIGURE 28 OCEANEERING: COMPANY SNAPSHOT 74
FIGURE 29 OCEANEERING INTERNATIONAL, INC.: SWOT ANALYSIS 76
FIGURE 30 DOF SUBSEA: COMPANY SNAPSHOT 77
FIGURE 31 DOF SUBSEA: SWOT ANALYSIS 79

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Reports Details

Published Date : Apr 2016
No. of Pages :101
Country :Global
Category :Chemicals
Publisher :MarketsandMarkets
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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