Industry: Machinery & Equipment
Published Date: 2026-01-04
Pages: 76 Pages
Report ld: 5554941
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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 size was US$ 24360 million in 2025 and is forecast to reach a readjusted size of US$ 34120 million by 2032 with a CAGR of 5.0% during the forecast period 2026-2032.
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.
The global Floating Production Storage and Offloading (FPSO) market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2021-2032.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, segment-level executive summary (by Type, by Application) and market evolution across the short, mid and long term
Chapter 2: Quantitative analysis of Floating Production Storage and Offloading (FPSO) sales and revenue at global, regional, and country levels, highlighting market size and growth potential by region
Chapter 3: Competitive landscape of Floating Production Storage and Offloading (FPSO) manufacturers (sales, revenue, pricing, market share, industry rankings, and M&A / expansion plans)
Chapter 4: by Type-based segmentation analysis (sales, revenue, pricing, and growth potential) to identify blue-ocean product segments
Chapter 5: by Application-based segmentation analysis (sales, revenue, pricing, and growth potential) to uncover high-value downstream markets
Chapter 6: Regional breakdown by company, customer, by Type and by Application (sales, revenue, and pricing for each segment)
Chapter 7: Key manufacturer profiles –company overview, Floating Production Storage and Offloading (FPSO) product descriptions and specifications, revenue, gross margins, and recent developments
Chapter 8: Industry chain analysis – upstream raw materials, manufacturing links, and downstream application sectors
Chapter 9: Sales channels and distributor analysis – routes to market and key customer interfaces
Chapter 10: Market dynamics – trends, drivers, restraints, risks for manufacturers, and the impact of relevant industry policies
Chapter 11: Key findings, main takeaways, and overall conclusions of the report.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Floating Production Storage and Offloading (FPSO) value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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 Market Overview
1.1 Floating Production Storage and Offloading (FPSO) Product Scope
1.2 Floating Production Storage and Offloading (FPSO) by Type
1.2.1 Global Floating Production Storage and Offloading (FPSO) Sales by Type (2021, 2025 & 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) Sales Comparison by Application (2021, 2025 & 2032)
1.3.2 Shallow Water
1.3.3 Deep Water
1.3.4 Ultra-deep Water
1.4 Global Floating Production Storage and Offloading (FPSO) Market Estimates and Forecasts (2021-2032)
1.4.1 Global Floating Production Storage and Offloading (FPSO) Market Size (Value) and Growth Rate (2021-2032)
1.4.2 Global Floating Production Storage and Offloading (FPSO) Market Size (Volume) and Growth Rate (2021-2032)
1.4.3 Global Floating Production Storage and Offloading (FPSO) Price Trends (2021-2032)
1.5 Assumptions and Limitations
2 Market Size and Prospects by Region
2.1 Global Floating Production Storage and Offloading (FPSO) Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global Floating Production Storage and Offloading (FPSO) Historical Market Scenario by Region (2021-2026)
2.2.1 Global Floating Production Storage and Offloading (FPSO) Sales Market Share by Region (2021-2026)
2.2.2 Global Floating Production Storage and Offloading (FPSO) Revenue Market Share by Region (2021-2026)
2.3 Global Floating Production Storage and Offloading (FPSO) Market Estimates and Forecasts by Region (2027-2032)
2.3.1 Global Floating Production Storage and Offloading (FPSO) Sales Estimates and Forecasts by Region (2027-2032)
2.3.2 Global Floating Production Storage and Offloading (FPSO) Revenue Forecast by Region (2027-2032)
2.4 Major Regions and Emerging Market Analysis
2.4.1 South Korea Floating Production Storage and Offloading (FPSO) Market Size and Prospects (2021-2032)
2.4.2 China Floating Production Storage and Offloading (FPSO) Market Size and Prospects (2021-2032)
2.4.3 Singapore Floating Production Storage and Offloading (FPSO) Market Size and Prospects (2021-2032)
3 Global Market Size by Type
3.1 Global Floating Production Storage and Offloading (FPSO) Historical Market Review by Type (2021-2026)
3.1.1 Global Floating Production Storage and Offloading (FPSO) Sales by Type (2021-2026)
3.1.2 Global Floating Production Storage and Offloading (FPSO) Revenue by Type (2021-2026)
3.1.3 Global Floating Production Storage and Offloading (FPSO) Average Price by Type (2021-2026)
3.2 Global Floating Production Storage and Offloading (FPSO) Market Estimates and Forecasts by Type (2027-2032)
3.2.1 Global Floating Production Storage and Offloading (FPSO) Sales Forecast by Type (2027-2032)
3.2.2 Global Floating Production Storage and Offloading (FPSO) Revenue Forecast by Type (2027-2032)
3.2.3 Global Floating Production Storage and Offloading (FPSO) Price Forecast by Type (2027-2032)
3.3 Representative Players for Different Types of Floating Production Storage and Offloading (FPSO)
4 Global Market Size by Application
4.1 Global Floating Production Storage and Offloading (FPSO) Historical Market Review by Application (2021-2026)
4.1.1 Global Floating Production Storage and Offloading (FPSO) Sales by Application (2021-2026)
4.1.2 Global Floating Production Storage and Offloading (FPSO) Revenue by Application (2021-2026)
4.1.3 Global Floating Production Storage and Offloading (FPSO) Average Price by Application (2021-2026)
4.2 Global Floating Production Storage and Offloading (FPSO) Market Estimates and Forecasts by Application (2027-2032)
4.2.1 Global Floating Production Storage and Offloading (FPSO) Sales Forecast by Application (2027-2032)
4.2.2 Global Floating Production Storage and Offloading (FPSO) Revenue Forecast by Application (2027-2032)
4.2.3 Global Floating Production Storage and Offloading (FPSO) Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in Floating Production Storage and Offloading (FPSO) Applications
5 Competition Landscape by Players
5.1 Global Floating Production Storage and Offloading (FPSO) Sales by Player (2021-2026)
5.2 Global Top Floating Production Storage and Offloading (FPSO) Players by Revenue (2021-2026)
5.3 Global Floating Production Storage and Offloading (FPSO) Market Share by Company Type (Tier 1, Tier 2, and Tier 3), based on Floating Production Storage and Offloading (FPSO) revenue as of 2025
5.4 Global Floating Production Storage and Offloading (FPSO) Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of Floating Production Storage and Offloading (FPSO), Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Floating Production Storage and Offloading (FPSO), Product Type & Application
5.7 Global Key Manufacturers of Floating Production Storage and Offloading (FPSO), Date of Entry into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Regional Analysis
6.1 South Korea Market: Players, Segments, Downstream and Major Customers
6.1.1 South Korea Floating Production Storage and Offloading (FPSO) Sales by Company
6.1.1.1 South Korea Floating Production Storage and Offloading (FPSO) Sales by Company (2021-2026)
6.1.1.2 South Korea Floating Production Storage and Offloading (FPSO) Revenue by Company (2021-2026)
6.1.2 South Korea Floating Production Storage and Offloading (FPSO) Sales Breakdown by Type (2021-2026)
6.1.3 South Korea Floating Production Storage and Offloading (FPSO) Sales Breakdown by Application (2021-2026)
6.1.4 South Korea Floating Production Storage and Offloading (FPSO) Major Customers
6.1.5 South Korea Market Trends and Opportunities
6.2 China Market: Players, Segments, Downstream and Major Customers
6.2.1 China Floating Production Storage and Offloading (FPSO) Sales by Company
6.2.1.1 China Floating Production Storage and Offloading (FPSO) Sales by Company (2021-2026)
6.2.1.2 China Floating Production Storage and Offloading (FPSO) Revenue by Company (2021-2026)
6.2.2 China Floating Production Storage and Offloading (FPSO) Sales Breakdown by Type (2021-2026)
6.2.3 China Floating Production Storage and Offloading (FPSO) Sales Breakdown by Application (2021-2026)
6.2.4 China Floating Production Storage and Offloading (FPSO) Major Customers
6.2.5 China Market Trends and Opportunities
6.3 Singapore Market: Players, Segments, Downstream and Major Customers
6.3.1 Singapore Floating Production Storage and Offloading (FPSO) Sales by Company
6.3.1.1 Singapore Floating Production Storage and Offloading (FPSO) Sales by Company (2021-2026)
6.3.1.2 Singapore Floating Production Storage and Offloading (FPSO) Revenue by Company (2021-2026)
6.3.2 Singapore Floating Production Storage and Offloading (FPSO) Sales Breakdown by Type (2021-2026)
6.3.3 Singapore Floating Production Storage and Offloading (FPSO) Sales Breakdown by Application (2021-2026)
6.3.4 Singapore Floating Production Storage and Offloading (FPSO) Major Customers
6.3.5 Singapore Market Trends and Opportunities
7 Company Profiles and Key Figures
7.1 Dalian Shipbuilding Industry Co., Ltd
7.1.1 Dalian Shipbuilding Industry Co., Ltd Company Information
7.1.2 Dalian Shipbuilding Industry Co., Ltd Business Overview
7.1.3 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.1.4 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Products Offered
7.1.5 Dalian Shipbuilding Industry Co., Ltd Recent Development
7.2 China Ocean Shipping (Group) Company
7.2.1 China Ocean Shipping (Group) Company Company Information
7.2.2 China Ocean Shipping (Group) Company Business Overview
7.2.3 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.2.4 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Products Offered
7.2.5 China Ocean Shipping (Group) Company Recent Development
7.3 CIMC Raffles
7.3.1 CIMC Raffles Company Information
7.3.2 CIMC Raffles Business Overview
7.3.3 CIMC Raffles Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.3.4 CIMC Raffles Floating Production Storage and Offloading (FPSO) Products Offered
7.3.5 CIMC Raffles Recent Development
7.4 Samsung Heavy Industries
7.4.1 Samsung Heavy Industries Company Information
7.4.2 Samsung Heavy Industries Business Overview
7.4.3 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.4.4 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Products Offered
7.4.5 Samsung Heavy Industries Recent Development
7.5 Daewoo Shipbuilding & Marine Engineering Co., Ltd.
7.5.1 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Company Information
7.5.2 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Business Overview
7.5.3 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.5.4 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Products Offered
7.5.5 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Recent Development
7.6 Keppel Corporation Limited
7.6.1 Keppel Corporation Limited Company Information
7.6.2 Keppel Corporation Limited Business Overview
7.6.3 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.6.4 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Products Offered
7.6.5 Keppel Corporation Limited Recent Development
7.7 Hyundai Heavy Industries
7.7.1 Hyundai Heavy Industries Company Information
7.7.2 Hyundai Heavy Industries Business Overview
7.7.3 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.7.4 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Products Offered
7.7.5 Hyundai Heavy Industries Recent Development
7.8 Sembcorp Marine
7.8.1 Sembcorp Marine Company Information
7.8.2 Sembcorp Marine Business Overview
7.8.3 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.8.4 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Products Offered
7.8.5 Sembcorp Marine Recent Development
7.9 China State Shipbuilding Corporation
7.9.1 China State Shipbuilding Corporation Company Information
7.9.2 China State Shipbuilding Corporation Business Overview
7.9.3 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.9.4 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Products Offered
7.9.5 China State Shipbuilding Corporation Recent Development
7.10 China Merchants Industry Holdings
7.10.1 China Merchants Industry Holdings Company Information
7.10.2 China Merchants Industry Holdings Business Overview
7.10.3 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Sales, Revenue and Gross Margin (2021-2026)
7.10.4 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Products Offered
7.10.5 China Merchants Industry Holdings Recent Development
8 Floating Production Storage and Offloading (FPSO) Manufacturing Cost Analysis
8.1 Floating Production Storage and Offloading (FPSO) Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Floating Production Storage and Offloading (FPSO)
8.4 Floating Production Storage and Offloading (FPSO) Industrial Chain Analysis
9 Marketing Channels, Distributors and Customers
9.1 Marketing Channels
9.2 Floating Production Storage and Offloading (FPSO) Distributors List
9.3 Floating Production Storage and Offloading (FPSO) Customers
10 Floating Production Storage and Offloading (FPSO) Market Dynamics
10.1 Floating Production Storage and Offloading (FPSO) Industry Trends
10.2 Floating Production Storage and Offloading (FPSO) Market Drivers
10.3 Floating Production Storage and Offloading (FPSO) Market Challenges
10.4 Floating Production Storage and Offloading (FPSO) Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 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
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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