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Offshore Decommissioning Market Is Set for a Rapid Growth and is Expected to Reach USD 9.27 Billion by 2023

Press Release   •   Apr 17, 2018 13:22 IST

Offshore Decommissioning market size will grow from USD 6.87 Billion in 2017 to USD 9.27 Billion by 2023, at an estimated CAGR of 5.12%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. This growth is attributed to increasing focus on mature oil and gas fields and aging offshore platforms, particularly in shallow water.

The shallow water segment was the largest market and is projected to maintain its edge over the deepwater segment owing to its lower operational costs. However in the future, the deep water segment would compete with shallow water as many platform installations now are at deep water and ultra-deep water depths. The European market led the offshore decommissioning market, with the largest market share, by value, in 2017, and this trend is projected to continue till 2023. The market in North America will also play an important role in driving demand for offshore decommissioning.

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By Market Players:

Amec Foster Wheeler, PLC , Technipfmc, PLC , Ramboll Group , John Wood Group, PLC , AF Gruppen ASA , Tetra Technologies, Inc. , DNV GL AS , Heerema Marine Contractors , Petrofac Limited , Claxton Engineering Services, Ltd. , Subsea 7 S.A. , Aker Solutions ASA , Able U.K., Ltd. , Allseas Group S.A. , Deepocean Group Holding B.V. , Operator Profiles, , , ,

By Service Type

Project Management, Engineering, and Planning , Permitting and Regulatory Compliance , Platform PrEPAration , Well Plugging and Abandonment , Conductor Removal

By Structure

Topsides , Substructure , Subsea Infrastructure, ,

By Depth

Shallow Water , Deepwater, , ,

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Points Covered in The Report:

  • The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
  • The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
  • The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
  • Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
  • The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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Table of content

Chapter 1 Industry Overview
1.1 Definition
1.2 Brief Introduction by Major Service Type
1.2.1 Project Management, Engineering, and Planning
1.2.2 Permitting and Regulatory Compliance
1.2.3 Platform PrEPAration
1.2.4 Well Plugging and Abandonment
1.2.5 Conductor Removal
1.3 Brief Introduction by Major Structure
1.3.1 Topsides
1.3.2 Substructure
1.3.3 Subsea Infrastructure
1.4 Brief Introduction by Major Regions
1.4.1 United States
1.4.2 Europe
1.4.3 China
1.4.4 Japan
1.4.5 India
1.5 Brief Introduction by Major Depth
1.5.1 Shallow Water
1.5.2 Deepwater
1.6 Brief Introduction by Major
1.7 Brief Introduction by Major
1.8 Brief Introduction by Major
Chapter 2 Production Market Analysis
2.1 Global Production Market Analysis
2.1.1 2012–2017 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
2.1.2 2012–2017 Major Manufacturers Performance and Market Share
2.2 Regional Production Market Analysis
2.2.1 2012–2017 Regional Market Performance and Market Share
2.2.2 United States Market
2.2.3 Europe Market
2.2.4 China Market
2.2.5 Japan Market
2.2.6 India Market
2.2.7 Market
Chapter 3 Sales Market Analysis
3.1 Global Sales Market Analysis
3.1.1 2012–2017 Global Sales Volume, Sales Price and Sales Revenue Analysis

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