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Offshore Decommissioning Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Type (Topside, Substructure, Sub infrastructure); Service Type (Well plugging and abandonment, Conductor removal, Platform removal, Others); Application (Shallow Water, Deepwater) and Geography
| Report Code: TIPRE00006140 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming
Market Insights
Offshore Decommissioning Market 2028 By Type, Service Type, Application and Geography | The Insight Partners
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The offshore decommissioning involves safe and efficient dismantling and removal of wells and platforms that are no longer useful for companies. A rising number of offshore rigs that are nearing their decommissioning age are contributing profoundly to the market growth. Moreover, improvement in regulatory frameworks and newer guidelines provide favorable opportunities for the key players of the target market over the coming years.
MARKET DYNAMICS
The offshore decommissioning market is anticipated to grow in the forecast period owing to driving factors such as the increasing number of aging offshore infrastructure and maturing oil and gas fields. Stringent government regulations concerning the abandonment and plugging of offshore operations are further likely to fuel the growth of the market. However, the high cost of decommissioning projects is expected to hinder the growth of offshore decommissioning market during the forecast period. On the other hand, technological innovations offer lucrative opportunities for the market players.
MARKET SCOPE
The "Global Offshore Decommissioning Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of offshore decommissioning market with detailed market segmentation by type, service type, application, and geography. The global offshore decommissioning market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading offshore decommissioning market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global offshore decommissioning market is segmented on the basis of type, service type, and application. Based on type, the market is segmented as topside, substructure, and sub infrastructure. On the basis of the service type, the market is segmented as well plugging and abandonment, conductor removal, platform removal, and others. The market on the basis of the application is classified as shallow water and deepwater.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global offshore decommissioning market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The offshore decommissioning market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting offshore decommissioning market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the offshore decommissioning market in these regions.
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MARKET PLAYERS
The reports cover key developments in the offshore decommissioning market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from offshore decommissioning market are anticipated to lucrative growth opportunities in the future with the rising demand for offshore decommissioning in the global market. Below mentioned is the list of few companies engaged in the offshore decommissioning market.
The report also includes the profiles of key offshore decommissioning companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
Acteon Group Ltd
AF Gruppen
Aker Solutions
DeepOcean Group, Inc.
DNV GL (Det Norske Veritas group)
Heerema Marine Contractors
John Wood Group PLC
Petrofac Limited
Ramboll Group A/S
Subsea 7
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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TABLE OF CONTENTS
1. INTRODUCTION 1.1. SCOPE OF THE STUDY 1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 1.3. MARKET SEGMENTATION 1.3.1 Offshore Decommissioning Market - By Type 1.3.2 Offshore Decommissioning Market - By Service Type 1.3.3 Offshore Decommissioning Market - By Application 1.3.4 Offshore Decommissioning Market - By Region 1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. OFFSHORE DECOMMISSIONING MARKET LANDSCAPE 4.1. OVERVIEW 4.2. PEST ANALYSIS 4.2.1 North America - Pest Analysis 4.2.2 Europe - Pest Analysis 4.2.3 Asia-Pacific - Pest Analysis 4.2.4 Middle East and Africa - Pest Analysis 4.2.5 South and Central America - Pest Analysis 4.3. ECOSYSTEM ANALYSIS 4.4. EXPERT OPINIONS
6. OFFSHORE DECOMMISSIONING MARKET - GLOBAL MARKET ANALYSIS 6.1. OFFSHORE DECOMMISSIONING - GLOBAL MARKET OVERVIEW 6.2. OFFSHORE DECOMMISSIONING - GLOBAL MARKET AND FORECAST TO 2028 6.3. MARKET POSITIONING/MARKET SHARE
7. OFFSHORE DECOMMISSIONING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE 7.1. OVERVIEW 7.2. TYPE MARKET FORECASTS AND ANALYSIS 7.3. TOPSIDE 7.3.1. Overview 7.3.2. Topside Market Forecast and Analysis 7.4. SUBSTRUCTURE 7.4.1. Overview 7.4.2. Substructure Market Forecast and Analysis 7.5. SUB INFRASTRUCTURE 7.5.1. Overview 7.5.2. Sub infrastructure Market Forecast and Analysis
8. OFFSHORE DECOMMISSIONING MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE 8.1. OVERVIEW 8.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS 8.3. WELL PLUGGING AND ABANDONMENT 8.3.1. Overview 8.3.2. Well plugging and abandonment Market Forecast and Analysis 8.4. CONDUCTOR REMOVAL 8.4.1. Overview 8.4.2. Conductor removal Market Forecast and Analysis 8.5. PLATFORM REMOVAL 8.5.1. Overview 8.5.2. Platform removal Market Forecast and Analysis 8.6. OTHERS 8.6.1. Overview 8.6.2. Others Market Forecast and Analysis
9. OFFSHORE DECOMMISSIONING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION 9.1. OVERVIEW 9.2. APPLICATION MARKET FORECASTS AND ANALYSIS 9.3. SHALLOW WATER 9.3.1. Overview 9.3.2. Shallow Water Market Forecast and Analysis 9.4. DEEPWATER 9.4.1. Overview 9.4.2. Deepwater Market Forecast and Analysis
10. OFFSHORE DECOMMISSIONING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS 10.1. NORTH AMERICA 10.1.1 North America Offshore Decommissioning Market Overview 10.1.2 North America Offshore Decommissioning Market Forecasts and Analysis 10.1.3 North America Offshore Decommissioning Market Forecasts and Analysis - By Type 10.1.4 North America Offshore Decommissioning Market Forecasts and Analysis - By Service Type 10.1.5 North America Offshore Decommissioning Market Forecasts and Analysis - By Application 10.1.6 North America Offshore Decommissioning Market Forecasts and Analysis - By Countries 10.1.6.1 United States Offshore Decommissioning Market 10.1.6.1.1 United States Offshore Decommissioning Market by Type 10.1.6.1.2 United States Offshore Decommissioning Market by Service Type 10.1.6.1.3 United States Offshore Decommissioning Market by Application 10.1.6.2 Canada Offshore Decommissioning Market 10.1.6.2.1 Canada Offshore Decommissioning Market by Type 10.1.6.2.2 Canada Offshore Decommissioning Market by Service Type 10.1.6.2.3 Canada Offshore Decommissioning Market by Application 10.1.6.3 Mexico Offshore Decommissioning Market 10.1.6.3.1 Mexico Offshore Decommissioning Market by Type 10.1.6.3.2 Mexico Offshore Decommissioning Market by Service Type 10.1.6.3.3 Mexico Offshore Decommissioning Market by Application 10.2. EUROPE 10.2.1 Europe Offshore Decommissioning Market Overview 10.2.2 Europe Offshore Decommissioning Market Forecasts and Analysis 10.2.3 Europe Offshore Decommissioning Market Forecasts and Analysis - By Type 10.2.4 Europe Offshore Decommissioning Market Forecasts and Analysis - By Service Type 10.2.5 Europe Offshore Decommissioning Market Forecasts and Analysis - By Application 10.2.6 Europe Offshore Decommissioning Market Forecasts and Analysis - By Countries 10.2.6.1 Germany Offshore Decommissioning Market 10.2.6.1.1 Germany Offshore Decommissioning Market by Type 10.2.6.1.2 Germany Offshore Decommissioning Market by Service Type 10.2.6.1.3 Germany Offshore Decommissioning Market by Application 10.2.6.2 France Offshore Decommissioning Market 10.2.6.2.1 France Offshore Decommissioning Market by Type 10.2.6.2.2 France Offshore Decommissioning Market by Service Type 10.2.6.2.3 France Offshore Decommissioning Market by Application 10.2.6.3 Italy Offshore Decommissioning Market 10.2.6.3.1 Italy Offshore Decommissioning Market by Type 10.2.6.3.2 Italy Offshore Decommissioning Market by Service Type 10.2.6.3.3 Italy Offshore Decommissioning Market by Application 10.2.6.4 United Kingdom Offshore Decommissioning Market 10.2.6.4.1 United Kingdom Offshore Decommissioning Market by Type 10.2.6.4.2 United Kingdom Offshore Decommissioning Market by Service Type 10.2.6.4.3 United Kingdom Offshore Decommissioning Market by Application 10.2.6.5 Russia Offshore Decommissioning Market 10.2.6.5.1 Russia Offshore Decommissioning Market by Type 10.2.6.5.2 Russia Offshore Decommissioning Market by Service Type 10.2.6.5.3 Russia Offshore Decommissioning Market by Application 10.2.6.6 Rest of Europe Offshore Decommissioning Market 10.2.6.6.1 Rest of Europe Offshore Decommissioning Market by Type 10.2.6.6.2 Rest of Europe Offshore Decommissioning Market by Service Type 10.2.6.6.3 Rest of Europe Offshore Decommissioning Market by Application 10.3. ASIA-PACIFIC 10.3.1 Asia-Pacific Offshore Decommissioning Market Overview 10.3.2 Asia-Pacific Offshore Decommissioning Market Forecasts and Analysis 10.3.3 Asia-Pacific Offshore Decommissioning Market Forecasts and Analysis - By Type 10.3.4 Asia-Pacific Offshore Decommissioning Market Forecasts and Analysis - By Service Type 10.3.5 Asia-Pacific Offshore Decommissioning Market Forecasts and Analysis - By Application 10.3.6 Asia-Pacific Offshore Decommissioning Market Forecasts and Analysis - By Countries 10.3.6.1 Australia Offshore Decommissioning Market 10.3.6.1.1 Australia Offshore Decommissioning Market by Type 10.3.6.1.2 Australia Offshore Decommissioning Market by Service Type 10.3.6.1.3 Australia Offshore Decommissioning Market by Application 10.3.6.2 China Offshore Decommissioning Market 10.3.6.2.1 China Offshore Decommissioning Market by Type 10.3.6.2.2 China Offshore Decommissioning Market by Service Type 10.3.6.2.3 China Offshore Decommissioning Market by Application 10.3.6.3 India Offshore Decommissioning Market 10.3.6.3.1 India Offshore Decommissioning Market by Type 10.3.6.3.2 India Offshore Decommissioning Market by Service Type 10.3.6.3.3 India Offshore Decommissioning Market by Application 10.3.6.4 Japan Offshore Decommissioning Market 10.3.6.4.1 Japan Offshore Decommissioning Market by Type 10.3.6.4.2 Japan Offshore Decommissioning Market by Service Type 10.3.6.4.3 Japan Offshore Decommissioning Market by Application 10.3.6.5 South Korea Offshore Decommissioning Market 10.3.6.5.1 South Korea Offshore Decommissioning Market by Type 10.3.6.5.2 South Korea Offshore Decommissioning Market by Service Type 10.3.6.5.3 South Korea Offshore Decommissioning Market by Application 10.3.6.6 Rest of Asia-Pacific Offshore Decommissioning Market 10.3.6.6.1 Rest of Asia-Pacific Offshore Decommissioning Market by Type 10.3.6.6.2 Rest of Asia-Pacific Offshore Decommissioning Market by Service Type 10.3.6.6.3 Rest of Asia-Pacific Offshore Decommissioning Market by Application 10.4. MIDDLE EAST AND AFRICA 10.4.1 Middle East and Africa Offshore Decommissioning Market Overview 10.4.2 Middle East and Africa Offshore Decommissioning Market Forecasts and Analysis 10.4.3 Middle East and Africa Offshore Decommissioning Market Forecasts and Analysis - By Type 10.4.4 Middle East and Africa Offshore Decommissioning Market Forecasts and Analysis - By Service Type 10.4.5 Middle East and Africa Offshore Decommissioning Market Forecasts and Analysis - By Application 10.4.6 Middle East and Africa Offshore Decommissioning Market Forecasts and Analysis - By Countries 10.4.6.1 South Africa Offshore Decommissioning Market 10.4.6.1.1 South Africa Offshore Decommissioning Market by Type 10.4.6.1.2 South Africa Offshore Decommissioning Market by Service Type 10.4.6.1.3 South Africa Offshore Decommissioning Market by Application 10.4.6.2 Saudi Arabia Offshore Decommissioning Market 10.4.6.2.1 Saudi Arabia Offshore Decommissioning Market by Type 10.4.6.2.2 Saudi Arabia Offshore Decommissioning Market by Service Type 10.4.6.2.3 Saudi Arabia Offshore Decommissioning Market by Application 10.4.6.3 U.A.E Offshore Decommissioning Market 10.4.6.3.1 U.A.E Offshore Decommissioning Market by Type 10.4.6.3.2 U.A.E Offshore Decommissioning Market by Service Type 10.4.6.3.3 U.A.E Offshore Decommissioning Market by Application 10.4.6.4 Rest of Middle East and Africa Offshore Decommissioning Market 10.4.6.4.1 Rest of Middle East and Africa Offshore Decommissioning Market by Type 10.4.6.4.2 Rest of Middle East and Africa Offshore Decommissioning Market by Service Type 10.4.6.4.3 Rest of Middle East and Africa Offshore Decommissioning Market by Application 10.5. SOUTH AND CENTRAL AMERICA 10.5.1 South and Central America Offshore Decommissioning Market Overview 10.5.2 South and Central America Offshore Decommissioning Market Forecasts and Analysis 10.5.3 South and Central America Offshore Decommissioning Market Forecasts and Analysis - By Type 10.5.4 South and Central America Offshore Decommissioning Market Forecasts and Analysis - By Service Type 10.5.5 South and Central America Offshore Decommissioning Market Forecasts and Analysis - By Application 10.5.6 South and Central America Offshore Decommissioning Market Forecasts and Analysis - By Countries 10.5.6.1 Brazil Offshore Decommissioning Market 10.5.6.1.1 Brazil Offshore Decommissioning Market by Type 10.5.6.1.2 Brazil Offshore Decommissioning Market by Service Type 10.5.6.1.3 Brazil Offshore Decommissioning Market by Application 10.5.6.2 Argentina Offshore Decommissioning Market 10.5.6.2.1 Argentina Offshore Decommissioning Market by Type 10.5.6.2.2 Argentina Offshore Decommissioning Market by Service Type 10.5.6.2.3 Argentina Offshore Decommissioning Market by Application 10.5.6.3 Rest of South and Central America Offshore Decommissioning Market 10.5.6.3.1 Rest of South and Central America Offshore Decommissioning Market by Type 10.5.6.3.2 Rest of South and Central America Offshore Decommissioning Market by Service Type 10.5.6.3.3 Rest of South and Central America Offshore Decommissioning Market by Application
11. INDUSTRY LANDSCAPE 11.1. MERGERS AND ACQUISITIONS 11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES 11.3. NEW PRODUCT LAUNCHES 11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. OFFSHORE DECOMMISSIONING MARKET, KEY COMPANY PROFILES 12.1. ACTEON GROUP LTD 12.1.1. Key Facts 12.1.2. Business Description 12.1.3. Products and Services 12.1.4. Financial Overview 12.1.5. SWOT Analysis 12.1.6. Key Developments 12.2. AF GRUPPEN 12.2.1. Key Facts 12.2.2. Business Description 12.2.3. Products and Services 12.2.4. Financial Overview 12.2.5. SWOT Analysis 12.2.6. Key Developments 12.3. AKER SOLUTIONS 12.3.1. Key Facts 12.3.2. Business Description 12.3.3. Products and Services 12.3.4. Financial Overview 12.3.5. SWOT Analysis 12.3.6. Key Developments 12.4. DEEPOCEAN GROUP, INC. 12.4.1. Key Facts 12.4.2. Business Description 12.4.3. Products and Services 12.4.4. Financial Overview 12.4.5. SWOT Analysis 12.4.6. Key Developments 12.5. DNV GL (DET NORSKE VERITAS GROUP) 12.5.1. Key Facts 12.5.2. Business Description 12.5.3. Products and Services 12.5.4. Financial Overview 12.5.5. SWOT Analysis 12.5.6. Key Developments 12.6. HEEREMA MARINE CONTRACTORS 12.6.1. Key Facts 12.6.2. Business Description 12.6.3. Products and Services 12.6.4. Financial Overview 12.6.5. SWOT Analysis 12.6.6. Key Developments 12.7. JOHN WOOD GROUP PLC 12.7.1. Key Facts 12.7.2. Business Description 12.7.3. Products and Services 12.7.4. Financial Overview 12.7.5. SWOT Analysis 12.7.6. Key Developments 12.8. PETROFAC LIMITED 12.8.1. Key Facts 12.8.2. Business Description 12.8.3. Products and Services 12.8.4. Financial Overview 12.8.5. SWOT Analysis 12.8.6. Key Developments 12.9. RAMBOLL GROUP A/S 12.9.1. Key Facts 12.9.2. Business Description 12.9.3. Products and Services 12.9.4. Financial Overview 12.9.5. SWOT Analysis 12.9.6. Key Developments 12.10. SUBSEA 7 12.10.1. Key Facts 12.10.2. Business Description 12.10.3. Products and Services 12.10.4. Financial Overview 12.10.5. SWOT Analysis 12.10.6. Key Developments
13. APPENDIX 13.1. ABOUT THE INSIGHT PARTNERS 13.2. GLOSSARY OF TERMS
The List of Companies
1.Acteon Group Ltd2.AF Gruppen3.Aker Solutions4.DeepOcean Group, Inc.5.DNV GL (Det Norske Veritas group)6.Heerema Marine Contractors7.John Wood Group PLC8.Petrofac Limited9.Ramboll Group A/S10.Subsea 7
