Industry: Machinery & Equipment
Published Date: 2026-01-04
Pages: 126 Pages
Report ld: 5532509
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Floating Production Storage and Offloading (FPSO) Market Size(US$)

CAGR 2026-2032
5.0%
Market Size,2032
USD 34,120
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Floating Production Storage and Offloading (FPSO) market was valued at US$ 24360 million in 2025 and is anticipated to reach US$ 34120 million by 2032, at a CAGR of 5.0% from 2026 to 2032.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Floating Production Storage and Offloading (FPSO) competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Floating Production, Storage, and Offloading (FPSO) is a floating tank system used by the oil and gas industry particularly in offshore operations. Floating production vessels are built with processing facilities, allowing it to handle the oil or gas it receives from nearby platforms or templates. Processed oil or gas is stored in the FPSO until a sufficient amount has been collected to fill a tanker. At which point, the unit offloads the stored material using a loading hose into a tanker going ashore.
FPSO vessels are popular as they can be easily moved and installed to nearby platforms and also allow for easy transportation of oil to tankers or pipelines. Once an existing field has been depleted FPSO can then be moved to other locations. This makes them suitable for smaller fields which can be depleted quickly and avoids the need for installing permanent expensive pipelines.
The vessels often take the form of traditional tankers. In addition to dedicated vessels that are designed for FPSO, oil and gas tankers can be converted to an FPSO vessel which also makes them an economical and flexible option
Latin America is the largest Floating Production Storage and Offloading (FPSO) market with about 50% market share.
The key players are Dalian Shipbuilding Industry Co., Ltd, China Ocean Shipping (Group) Company, CIMC Raffles, Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering Co., Ltd., Keppel Corporation Limited, Hyundai Heavy Industries, Sembcorp Marine, China State Shipbuilding Corporation, China Merchants Industry Holdings etc. Top 3 companies occupied about 50% market share.
This report delivers a comprehensive overview of the global Floating Production Storage and Offloading (FPSO) market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Floating Production Storage and Offloading (FPSO). The Floating Production Storage and Offloading (FPSO) market size, estimates, and forecasts are provided in terms of shipments (Units) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Floating Production Storage and Offloading (FPSO) market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Floating Production Storage and Offloading (FPSO) manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Provides a detailed analysis of the competitive landscape for Floating Production Storage and Offloading (FPSO) manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
Chapter 3: Examines Floating Production Storage and Offloading (FPSO) production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
Chapter 4: Analyzes Floating Production Storage and Offloading (FPSO) consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
Chapter 10: Summarizes the key findings and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Floating Production Storage and Offloading (FPSO) Market Overview
1.1 Product Definition
1.2 Floating Production Storage and Offloading (FPSO) by Type
1.2.1 Global Floating Production Storage and Offloading (FPSO) Market Value Growth Rate Analysis by Type: 2025 vs 2032
1.2.2 Spread Mooring
1.2.3 Single Point Mooring (SPM)
1.2.4 Dynamic Positioning (DP)
1.3 Floating Production Storage and Offloading (FPSO) by Application
1.3.1 Global Floating Production Storage and Offloading (FPSO) Market Value Growth Rate Analysis by Application: 2025 vs 2032
1.3.2 Shallow Water
1.3.3 Deep Water
1.3.4 Ultra-deep Water
1.4 Global Market Growth Prospects
1.4.1 Global Floating Production Storage and Offloading (FPSO) Production Value Estimates and Forecasts (2021–2032)
1.4.2 Global Floating Production Storage and Offloading (FPSO) Production Capacity Estimates and Forecasts (2021–2032)
1.4.3 Global Floating Production Storage and Offloading (FPSO) Production Estimates and Forecasts (2021–2032)
1.4.4 Global Floating Production Storage and Offloading (FPSO) Market Average Price Estimates and Forecasts (2021–2032)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Floating Production Storage and Offloading (FPSO) Production Market Share by Manufacturers (2021–2026)
2.2 Global Floating Production Storage and Offloading (FPSO) Production Value Market Share by Manufacturers (2021–2026)
2.3 Global Key Players of Floating Production Storage and Offloading (FPSO), Industry Ranking, 2024 vs 2025
2.4 Global Floating Production Storage and Offloading (FPSO) Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
2.5 Global Floating Production Storage and Offloading (FPSO) Average Price by Manufacturers (2021–2026)
2.6 Global Key Manufacturers of Floating Production Storage and Offloading (FPSO), Manufacturing Footprints and Headquarters
2.7 Global Key Manufacturers of Floating Production Storage and Offloading (FPSO), Product Offerings and Applications
2.8 Global Key Manufacturers of Floating Production Storage and Offloading (FPSO), Date of Entry into the Industry
2.9 Floating Production Storage and Offloading (FPSO) Market Competitive Situation and Trends
2.9.1 Floating Production Storage and Offloading (FPSO) Market Concentration Rate
2.9.2 Top 5 and Top 10 Global Floating Production Storage and Offloading (FPSO) Players Market Share by Revenue
2.10 Mergers & Acquisitions and Expansion
3 Floating Production Storage and Offloading (FPSO) Production by Region
3.1 Global Floating Production Storage and Offloading (FPSO) Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.2 Global Floating Production Storage and Offloading (FPSO) Production Value by Region (2021–2032)
3.2.1 Global Floating Production Storage and Offloading (FPSO) Production Value by Region (2021–2026)
3.2.2 Global Forecasted Production Value of Floating Production Storage and Offloading (FPSO) by Region (2027–2032)
3.3 Global Floating Production Storage and Offloading (FPSO) Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.4 Global Floating Production Storage and Offloading (FPSO) Production Volume by Region (2021–2032)
3.4.1 Global Floating Production Storage and Offloading (FPSO) Production by Region (2021–2026)
3.4.2 Global Forecasted Production of Floating Production Storage and Offloading (FPSO) by Region (2027–2032)
3.5 Global Floating Production Storage and Offloading (FPSO) Market Price Analysis by Region (2021–2026)
3.6 Global Floating Production Storage and Offloading (FPSO) Production, Value, and Year-over-Year Growth
3.6.1 South Korea Floating Production Storage and Offloading (FPSO) Production Value Estimates and Forecasts (2021–2032)
3.6.2 China Floating Production Storage and Offloading (FPSO) Production Value Estimates and Forecasts (2021–2032)
3.6.3 Singapore Floating Production Storage and Offloading (FPSO) Production Value Estimates and Forecasts (2021–2032)
4 Floating Production Storage and Offloading (FPSO) Consumption by Region
4.1 Global Floating Production Storage and Offloading (FPSO) Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
4.2 Global Floating Production Storage and Offloading (FPSO) Consumption by Region (2021–2032)
4.2.1 Global Floating Production Storage and Offloading (FPSO) Consumption by Region (2021–2026)
4.2.2 Global Floating Production Storage and Offloading (FPSO) Forecasted Consumption by Region (2027–2032)
4.3 North America
4.3.1 North America Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.3.2 North America Floating Production Storage and Offloading (FPSO) Consumption by Country (2021–2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.4.2 Europe Floating Production Storage and Offloading (FPSO) Consumption by Country (2021–2032)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Region: 2021 vs 2025 vs 2032
4.5.2 Asia Pacific Floating Production Storage and Offloading (FPSO) Consumption by Region (2021–2032)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.6.2 Latin America, Middle East & Africa Floating Production Storage and Offloading (FPSO) Consumption by Country (2021–2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Floating Production Storage and Offloading (FPSO) Production by Type (2021–2032)
5.1.1 Global Floating Production Storage and Offloading (FPSO) Production by Type (2021–2026)
5.1.2 Global Floating Production Storage and Offloading (FPSO) Production by Type (2027–2032)
5.1.3 Global Floating Production Storage and Offloading (FPSO) Production Market Share by Type (2021–2032)
5.2 Global Floating Production Storage and Offloading (FPSO) Production Value by Type (2021–2032)
5.2.1 Global Floating Production Storage and Offloading (FPSO) Production Value by Type (2021–2026)
5.2.2 Global Floating Production Storage and Offloading (FPSO) Production Value by Type (2027–2032)
5.2.3 Global Floating Production Storage and Offloading (FPSO) Production Value Market Share by Type (2021–2032)
5.3 Global Floating Production Storage and Offloading (FPSO) Price by Type (2021–2032)
6 Segment by Application
6.1 Global Floating Production Storage and Offloading (FPSO) Production by Application (2021–2032)
6.1.1 Global Floating Production Storage and Offloading (FPSO) Production by Application (2021–2026)
6.1.2 Global Floating Production Storage and Offloading (FPSO) Production by Application (2027–2032)
6.1.3 Global Floating Production Storage and Offloading (FPSO) Production Market Share by Application (2021–2032)
6.2 Global Floating Production Storage and Offloading (FPSO) Production Value by Application (2021–2032)
6.2.1 Global Floating Production Storage and Offloading (FPSO) Production Value by Application (2021–2026)
6.2.2 Global Floating Production Storage and Offloading (FPSO) Production Value by Application (2027–2032)
6.2.3 Global Floating Production Storage and Offloading (FPSO) Production Value Market Share by Application (2021–2032)
6.3 Global Floating Production Storage and Offloading (FPSO) Price by Application (2021–2032)
7 Key Companies Profiled
7.1 Dalian Shipbuilding Industry Co., Ltd
7.1.1 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Company Information
7.1.2 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Product Portfolio
7.1.3 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.1.4 Dalian Shipbuilding Industry Co., Ltd Main Business and Markets Served
7.1.5 Dalian Shipbuilding Industry Co., Ltd Recent Developments/Updates
7.2 China Ocean Shipping (Group) Company
7.2.1 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Company Information
7.2.2 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Product Portfolio
7.2.3 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.2.4 China Ocean Shipping (Group) Company Main Business and Markets Served
7.2.5 China Ocean Shipping (Group) Company Recent Developments/Updates
7.3 CIMC Raffles
7.3.1 CIMC Raffles Floating Production Storage and Offloading (FPSO) Company Information
7.3.2 CIMC Raffles Floating Production Storage and Offloading (FPSO) Product Portfolio
7.3.3 CIMC Raffles Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.3.4 CIMC Raffles Main Business and Markets Served
7.3.5 CIMC Raffles Recent Developments/Updates
7.4 Samsung Heavy Industries
7.4.1 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Company Information
7.4.2 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Product Portfolio
7.4.3 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.4.4 Samsung Heavy Industries Main Business and Markets Served
7.4.5 Samsung Heavy Industries Recent Developments/Updates
7.5 Daewoo Shipbuilding & Marine Engineering Co., Ltd.
7.5.1 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Company Information
7.5.2 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Product Portfolio
7.5.3 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.5.4 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Main Business and Markets Served
7.5.5 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Recent Developments/Updates
7.6 Keppel Corporation Limited
7.6.1 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Company Information
7.6.2 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Product Portfolio
7.6.3 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.6.4 Keppel Corporation Limited Main Business and Markets Served
7.6.5 Keppel Corporation Limited Recent Developments/Updates
7.7 Hyundai Heavy Industries
7.7.1 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Company Information
7.7.2 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Product Portfolio
7.7.3 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.7.4 Hyundai Heavy Industries Main Business and Markets Served
7.7.5 Hyundai Heavy Industries Recent Developments/Updates
7.8 Sembcorp Marine
7.8.1 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Company Information
7.8.2 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Product Portfolio
7.8.3 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.8.4 Sembcorp Marine Main Business and Markets Served
7.8.5 Sembcorp Marine Recent Developments/Updates
7.9 China State Shipbuilding Corporation
7.9.1 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Company Information
7.9.2 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Product Portfolio
7.9.3 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.9.4 China State Shipbuilding Corporation Main Business and Markets Served
7.9.5 China State Shipbuilding Corporation Recent Developments/Updates
7.10 China Merchants Industry Holdings
7.10.1 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Company Information
7.10.2 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Product Portfolio
7.10.3 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Production, Value, Price, and Gross Margin (2021–2026)
7.10.4 China Merchants Industry Holdings Main Business and Markets Served
7.10.5 China Merchants Industry Holdings Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Floating Production Storage and Offloading (FPSO) Industry Chain Analysis
8.2 Floating Production Storage and Offloading (FPSO) Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Floating Production Storage and Offloading (FPSO) Production Modes and Processes
8.4 Floating Production Storage and Offloading (FPSO) Sales and Marketing
8.4.1 Floating Production Storage and Offloading (FPSO) Sales Channels
8.4.2 Floating Production Storage and Offloading (FPSO) Distributors
8.5 Floating Production Storage and Offloading (FPSO) Customer Analysis
9 Floating Production Storage and Offloading (FPSO) Market Dynamics
9.1 Floating Production Storage and Offloading (FPSO) Industry Trends
9.2 Floating Production Storage and Offloading (FPSO) Market Drivers
9.3 Floating Production Storage and Offloading (FPSO) Market Challenges
9.4 Floating Production Storage and Offloading (FPSO) Market Restraints
9.5 Impact of U.S. Tariffs
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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