Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
FPSO Vessels
Overview
Market size
$14
global, USD
CAGR
6.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$19
What changed
Demand by region
Latin America demand45%
Asia Pacific demand20%
Middle East & Africa demand15%
North America demand10%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Hull conversion and steel procurement35%
Topside processing modules and integration30%
Engineering, specialized turret systems and subsystems15%
Dry-dock leasing and shipyard construction labor12%
Commissioning, logistics and installation8%
share of delivered cost (analyst estimate)