Compressor Oil Market Demand Is Projected To Growing At A CAGR Of 4.9% From 2016 To 2024

Global Compressor Oil Market is expected to reach USD 97.15 billion by 2024, according to a new report by Grand View Research, Inc. Increasing industrialization in Asia Pacific and the Middle East is expected to remain a key driving factor for global compressor oil market over the forecast period.

Various attributes of compressor oil such as cooling, sealing and lubricating the internal components which ensure continuous operation and helps in reducing downtime and repair is also expected to drive its demand. Moreover, these lubricants maintain the equipment temperature and therefore keep them cool.

The equipment heating results in higher power consumption and wear & tear of the machine. Cost optimization practices adopted by various manufacturing companies are also expected to drive demand for compressor oil. It is observed that organizations have been implementing continuous improvement projects to reduce power consumption & maintain continuous operational flow undertake good lubrication practices. 

Positive displacement based products are widely used in industries owing to their high performance and low maintenance cost. Therefore, the segment accounted for the majority of compressor oil consumed globally. Demand for positive displacement type is expected to develop at an approximate CAGR of 5.0% from 2016 to 2024.

Full Research Report on Global Compressor Oil Market Analysis:
http://www.grandviewresearch.com/industry-analysis/compressor-oil-market

Further key findings from the report suggest:

• Global compressor oil market demand was 6.80 million tons in 2015 and is expected to reach 10.44 million tons by 2024, growing at a CAGR of 4.9% from 2016 to 2024
• Synthetic was the leading base oil used in compressor oil and accounted for 43.2% of global volume in 2015. High performance associated with synthetic oils are expected to drive their demand over the forecast period.
• Increasing global awareness with respect to environmental issues is anticipated to drive the bio-based oil demand. The segment is anticipated to grow at an estimated CAGR of 5.1% from 2016 to 2024.
• Manufacturing and automotive sector together accounted for over half of the global demand in 2015. Energy industry is expected to capture around one-fifth of revenue share in 2024 with an approximate growth rate of 6% from 2016 to 2024.
• Asia Pacific is expected to observe the highest regional growth at an approximate CAGR of 5.6% owing to the rapid industrialization in emerging economies including China, India, and South Korea.
• Key players operating in the global industry are ExxonMobil, Royal Dutch Shell, Total S.A, Lukoil, British Petroleum, Chevron Corporation, BASF, The Dow Chemical, Sasol Limited, Sinopec Limited, Croda International and Fuchs Petrolub.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

Grand View Research has segmented the Global Compressor Oil Market on the basis of compressor type, base oil, end-use and region:

Global Compressor Oil Compressor Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Positive Displacement Compressor
• Dynamic Compressor

Global Compressor Oil Base Oil Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Synthetic
• Semi-Synthetic
• Mineral
• Bio-Based

Global Compressor Oil End Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Manufacturing
• Oil & Gas
• Power
• Automotive
• Others

Global Compressor Oil Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Spain
• Russia
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Middle East and Africa
• Saudi Arabia
• South Africa
• Kuwait
• Iraq
• Central & South America
• Brazil
• Argentina
• Venezuela

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-compressor-oil-market          

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Respiratory Disease Diagnostic Market Is Segmented On The Basis Of Product, End-Use And Regions 2014-2025

Global Respiratory Diseases Testing Market is expected to reach USD 6.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is driven by the rising prevalence of respiratory diseases. As per Forum of International Respiratory Societies, more than 200 million people across the globe suffered from Chronic Obstructive Pulmonary Disease (COPD) and 235 million suffered from asthma in 2014. In addition, the source stated that more than 50 million people struggle with occupational lung diseases annually. Thus, constantly growing target patient population is anticipated to drive the growth.

The adoption of innovative technologies, such as Computed Tomography (CT), for COPD diagnosis is expected to drive the growth. The other new technology in acute medical management of COPD is pulse oximeter that is used for outpatient monitoring.  Airway management plays a main role in testing and management of COPD. Also, with recent technological innovations, there has been a 12.1 % increase in the use of Non-invasive Mechanical Ventilation (NIV) for management of COPD. Along with technological advancements, use of digital radiography (X-ray) and advanced portable spirometers is gaining momentum in the market.

Full Research Report on Global Respiratory Disease Diagnostic Market:
http://www.grandviewresearch.com/industry-analysis/respiratory-disease-testing-market

Further key findings from the study suggest:

• The growing prevalence of COPD and asthma across the globe is expected to increase the demand for respiratory disease testing devices and thereby drive the market growth
• In products, imaging tests held the largest share in 2016 due to rapid development and adoption of innovative technologies
• In respiratory measurement, spirometers, pulse oximeters, ventilators, capnographs, and other noninvasive ventilators used for measurement of lung capacity are expected to grow at a rate of more than 4% over the forecast period
• In end-use, hospitals segment held the largest share in 2016 and is anticipated to grow over the forecast period
• North America the largest market share in 2016. Growing prevalence of respiratory diseases such as COPD, asthma is increasing the demand for respiratory disease testing/diagnostic in North American countries.
• Asia Pacific region is expected to grow at the fastest rate during the forecast period. This growth can be attributed to various factors such as improving health care infrastructure and increasing patient awareness regarding the availability of new diagnostic techniques for respiratory diseases, such as COPD & asthma.
• Some of the major players competing in this market include, but are not limited to, Becton Dickinson (Carefusion Corporation); Koninklijke Philips N.V. (Respironics); ResMed Company; Fischer & Paykel; and Medtronic. These players are strong brands in the market as they have elaborate product portfolios in respiratory disease testing market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Respiratory Disease Testing Market by product, end-use and regions.

Product Outlook (Revenue, USD Million; 2014 - 2025)

• Imaging test
• Respiratory Measurement
• Blood gas test
• Other

End-use Outlook (Revenue, USD Million; 2014 - 2025)

• Hospitals
• Physician clinics
• Clinical laboratories
• Others

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Mexico
• Brazil
• MEA
• South Africa

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/respiratory-disease-testing-market-size-share    

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Fiber Optic Connector Market Is Expected To Growing At A CAGR Of 7.1% 2014-2025

Global Fiber Optic Connector Market is expected to reach USD 5.9 billion by 2025, according to a new report by Grand View Research, Inc. The fiber optics segment is expected to grow, significantly, over the forecast period. Fiber optic connectors have huge potential to be incorporated into a wide range of applications in the healthcare, railway, defense & aerospace, and oil & gas sectors.

The technology is under constant R&D and aims to develop low-cost applications and technological solutions for the mass market. The fiber optic technology has gained prominence over the past few years, owing to the persistent research & development activities and the escalating demand from high bandwidth communication and data services.

The growing penetration of the fiber optics technology is encouraging manufacturers and suppliers to invest in research & development for developing better products. Researchers are focusing on innovating reliable and cost-effective fiber optic products, as the production and installation of fiber optic products are quite tedious and costly. Manufacturers strive to optimize production processes, by regulating efficiency and prices, to curb other alternatives of the fiber optics technology.

The fiber optics market includes different fiber optic connectors such as SC connector, LC connector, FC connector, ST connector, MTP connector, and others. Based on fiber optic applications, the market is segmented into military & aerospace, oil & gas, telecom, medical, BFSI, railway, and others. The telecom sector is the biggest application sector, in terms of revenue, and is regulated by the regulations imposed by government and other related regulatory authorities.

Full Research Report on Global Fiber Optic Connector Market:
http://www.grandviewresearch.com/industry-analysis/fiber-optic-connectors-foc-industry

Further key findings from the report suggest:

• In 2015, the LC connector segment dominated the overall market, in terms of revenue. A LC connector is used in high-density connections such as Cisco Catalyst switches and Hewlett Packard Pro Curve.
• In 2015, the North American regional market dominated the overall market and accounted for the largest global market share (in terms of revenue)
• The growing demand for fiber optic connectors can be attributed to the ever-growing bandwidth requirements across enterprise and carrier networks
• Fiber optics connectors finds dynamic applications across the medical industry, as they are mainly deployed in flexible bundling, light conduction & illumination, and laser delivery systems
• The key industry participants include Corning, Inc., Optical Cable Corporation, Sterlite Technologies Limited, 3M, and OFS Fitel, LLC.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented the Global Fiber Optic Connector Market based on product, applications, and regions:

Fiber Optic Connector Product Outlook (Revenue, USD Million; 2014 - 2025)

• SC Connector
• LC Connector
• FC Connector
• ST Connector
• MTP/MPO connector
• Others

Fiber Optic Connector Application Outlook (Revenue, USD Million; 2014 - 2025)

• Telecom
• Oil & Gas
• Military & Aerospace
• BFSI
• Medical
• Railway
• Others

Fiber Optic Connector Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• Middle East & Africa (MEA)

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/fiber-optic-connector-market-size-research   

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Smart Coating Industry Outlook By Value Chain Analysis, Raw Material Outlook, Technology Overview, And Regulatory Framework 2013-2024

Global Smart Coating Market is expected to reach USD 11,676.0 million by 2024, according to a new report by Grand View Research, Inc. The smart coating market is expected to witness a significant growth over the forecasted period owing to the rising demand from key end-user segments including military, aerospace, automotive, and healthcare.

Growing application scope in end-use industries is attributed to superior properties including self-healing, self-cleaning and antimicrobial properties. In Aerospace sector, smart coating have the ability to indicate damage on an aero engine; be used in the composite form to reduce weight of aircrafts; and so on. In addition to the aforementioned industries, the application of the compound in consumer electronics offers high growth potential for the coming years.

Growing use of the product in military owing to rising demand for customization including smart self-repair, artificial intelligence, and sensing capabilities is expected to propel growth. The other key end-user segments include construction, healthcare, marine, and so on. The concerns of bio-fouling, microbial attacks, and so on are addressed by the compound in the marine segment. Furthermore, the product helps mitigate maintenance challenges in aerospace industry which is a key driver promoting demand.

Access Full Research Report on Global Smart Coating Market:
http://www.grandviewresearch.com/industry-analysis/smart-coating-market

Further key findings from the report suggest:

• Globally, military and aerospace segments are expected to witness significant growth during the forecast period, growing at CAGRs of over 32% during the forecast period. Rapid demand can be attributed to extensive research activities in this segment undertaken by the U.S military or jointly with other research institutes. The demand from the military segment is primarily for anti-corrosive smart coating.
• Europe dominated the industry in 2015 with an estimated revenue of USD 289.5 million; this regional market is projected to grow significantly over the coming years owing to growing infrastructure development activities, increasing demand from industries such as automotive, military, healthcare, and consumer electronics.
• Multilayer coating are the simplest forms of multifunctional coating. This segment is expected to grow higher than the single-layer segment during the forecast period, at a CAGR of over 35%. However, research & development related to improving performance characteristics of single-layer coating owing to its lower product cost is likely to have a positive impact on growth.
• Asia Pacific is projected to witness the highest growth of over 35% during the forecast period, owing to increasing demand from emerging economies such as India and China. Growing infrastructure development in the region coupled with high manufacturing sector growth is expected to propel demand for the product over the forecast period.
• Key participants in the industry include BASF SE, DuPont, 3M Company, PPG Industries, Dow Chemicals, and Dow Corning, among others. In recent years, mergers & acquisitions have been the major growth strategies adopted by key players for strengthening their positions in the global market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the Global Smart Coating Market on the basis of product, application, and region:

Product Outlook (Volume, ‘000 Liters; Revenue, USD Million; 2013 - 2024)

• Single-layer
• Multilayer

Application Outlook (Volume, ‘000 Liters; Revenue, USD Million; 2013 - 2024)

• Automotive
• Aerospace
• Construction
• Consumer electronics
• Military
• Healthcare
• Others

Regional Outlook (Volume, ‘000 liters; Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-smart-coating-market      

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Meat Substitutes Market Is Projected to growing at a CAGR of 7.5% from 2015 to 2022

Global Meat Substitute Market is expected to reach USD 5810.1 million by 2022, according to a new study by Grand View Research, Inc. Rising health awareness coupled with shifting dietary preferences towards vegan diet is expected to drive the  global meat substitutes market. Recent animal disease outbreaks and growing prevalence of various lifestyle induced diseases such as obesity and diabetes are also expected to have a positive impact on the market growth. High price of various meat substitutes is expected to hinder the market growth. Increasing R&D initiatives to develop superior and cheaper products is expected to yield opportunities for market participants. 

Soy emerged as the major raw material used for producing meat substitute products. Soy alone accounted for over 80% of total market revenue in 2014. Growing demand for nutritional food on account of growing health concerns is expected to drive this segment over the forecast period. Soy based meat substitutes is a good source of vitamin B, protein and Iron. Wheat is expected to be the fastest growing raw material use for producing meat substitutes. The segment is expected to grow at an estimated CAGR of 10.0% from 2015 to 2022.

Access Full Research Report on Global Meat Substitutes Market:
http://www.grandviewresearch.com/industry-analysis/meat-substitutes-market

Further key findings from the study suggest:

• Global meat substitute market was valued at USD 3,336.5 million in 2014 and is expected to reach USD 5,810.1 million by 2022, growing at a CAGR of 7.5% from 2015 to 2022.
• Textured vegetable protein (TVP) emerged as the leading product segment and accounted for 43.7% of total market revenue in 2014. Increasing demand for soy based meat substitutes is expected to drive this segment over the forecast period. Seitan is expected to witness the highest growth of 9.8% from 2015 to 2022. Growing wheat gluten consumption in Asia Pacific is expected to drive this segment over the forecast period.
• Europe emerged as the leading regional market and accounted for 42.0% of total market revenue in 2014. Growing health concerns particularly in developed economies of Europe is expected to drive the regional market over the forecast period. Asia Pacific is expected to witness the highest growth of 8.6% from 2015 to 2022. Increasing disposable income level particularly in India, China and Indonesia is expected to drive the regional market.  
• Major industry participants have been taking strong initiatives to develop superior quality meat substitute products. Companies have been engaged in mergers & acquisitions and forging partnerships with those possessing R&D capabilities and having strong presence in the agro sector. Prominent industry participants include AMY’s Kitchen, Beyond Meat, Blue Chip Group, Cauldron Foods UK, garden Protein International Inc., Meatless B.V., Quorn Foods and Vbites Food Ltd. 

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods

For the purpose of this study, Grand View Research has segmented the Global Meat Substitute Market on the basis of raw material, product and region:

Global Meat Substitutes Raw Material Outlook (Revenue, USD Million, 2014 - 2022)

• Soy-based
• Wheat-based
• Mycoprotein
• Others

Global Meat Substitutes Product Outlook (Revenue, USD Million, 2014 - 2022)

• Tofu
• Tofu-based
• Tempeh
• Textured Vegetable Protein (TVP)
• Other Soy Products
• Seitan
• Quorn
• Others

Global Meat Substitutes Regional Outlook (Revenue, USD Million, 2014 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East and Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-meat-substitutes-market     

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Nanomedicine Market Is Projected To Growing At A CAGR Of 11.2% By 2025

Global Nanomedicine Market is anticipated to reach USD 350.8 billion by 2025, according to a new report by Grand View Research, Inc. Development of novel nanotechnology-based drugs and therapies is driven by the need to develop therapies that have fewer side effects and that are more cost-effective than traditional therapies, in particular for cancer.

Application of nanotechnology-based contrast reagents for diagnosis and monitoring of the effects of drugs on an unprecedented short timescale is also attributive drive growth in the coming years. Additionally, demand for biodegradable implants with longer lifetimes that enable tissue restoration is anticipated to influence demand.

As per the WHO factsheet, cancer is found to be one of the major causes of mortality and morbidity worldwide, with approximately 14 million new cases in 2012 and 8.2 million cancer-related deaths. Thus, demand for nanomedicine in order to curb such high incidence rate is expected to boost market progress during the forecast period.

Solutions such as nanoformulations with triggered release for tailor-made pharmacokinetics, nanoparticles for local control of tumor in combination with radiotherapy, and functionalized nanoparticles for targeted in-vivo activation of stem cell production are anticipated to drive R&D, consequently resulting in revenue generation in the coming years.

Biopharmaceutical and medical devices companies are actively engaged in development of novel products as demonstrated by the increasingly growing partnerships between leading enterprises and nanomedicine startups. For instance, in November 2015, Ablynx and Novo Nordisk signed a global collaboration and a licensing agreement for development and discovery of innovative drugs with multi-specific nanobodies. This strategic partnership is anticipated to rise the net annual sales of the products uplifting the market growth.

However, in contrary with the applications of nanotechnology, the entire process of lab to market approval is a tedious and expensive one with stringent regulatory evaluation involved thereby leading investors to remain hesitant for investments.

Access Full Research Report on Global Nanomedicine Market:
http://www.grandviewresearch.com/industry-analysis/nanomedicine-market

Further key findings from the report suggest:

• Therapeutics accounted for the largest share of market revenue in 2016 owing to presence of nanoemulsions, nanoformulations, or nanodevices
• These devices possess the ability to cross biological barriers. Moreover, presence of drugs such as Doxil, Abraxane, and Emend is attributive for higher revenue generation
• Presence of substantial number of products manufactured through the use of microbial sources can be attributed for the largest share
• In-vitro diagnostics is expected to witness lucrative progress as a result of R&D carried out in this segment
• Introduction of nano-enabled biomarkers, vectors and contrast agents with high-specificity and sensitivity are attributive for projected progress
• Clinical cardiology is expected to witness the fastest growth through to 2025 owing to development in nano-functionalization and modification of surfaces for increased biocompatibility of implants in treatment of late thrombosis
• Moreover, an abundance of research publications and patent filings from European region with a share of about 25% in nanomedicine-related publications is supportive for revenue generation from European economies
• Asia Pacific is estimated to witness the fastest growth over the forecast period
• Factors responsible include government and regulatory authorities that have implemented a framework to encourage R&D collaborations and framework extension.
• Key players operating in this industry include Pfizer Inc., Ablynx NV, Nanotherapeutics Inc., Nanoviricides Inc., Abraxis Inc., Arrowhead Research Inc., Celgene Corporation, Bio-Gate AG, and Merck
• Active expansion strategies are undertaken by a number of the major market entities in order to strengthen their position

• North America dominated the industry in 2016, accounting for a 42% of total revenue
• Presence of key participants operating in the region are involved in collaborative activities are attributive for the largest share of North America in sector revenue

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the Global Nanomedicine Market on the basis of product, application, nanomolecule type, and region:

Nanomedicine Product Outlook (Revenue, USD Billion; 2013 - 2025)

• Therapeutics
• Regenerative medicine
• In-vitro diagnostics
• In-vivo diagnostics
• Vaccines

Nanomedicine Application Outlook (Revenue, USD Billion; 2013 - 2025)

• Clinical Oncology
• Infectious diseases
• Clinical Cardiology
• Orthopedics
• Others

Nanomedicine Nanomolecule Type Outlook (Revenue, USD Billion; 2013 - 2025)

• Nanoparticles
• Metal & Metal Oxide Nanoparticles

§  By Type

·         Gold Nanoparticles

·         Silver Nanoparticles

·         Iron Oxide Nanoparticles

·         Alumina Nanoparticles

·         Gadolinium Oxide Nanoparticles

·         Others

§  By Application

·         In-vivo Imaging

·         Targeted Drug Delivery

·         Proton Therapy

·         In-vitro assays

·         Cell & Phantom Imaging

·         Liposomes

·         Polymers & polymer drug conjugates

·         Hydrogel nanoparticles

·         Dendrimers

·         Inorganic nanoparticles

·         Nanoshells

·         Nanotubes

·         Nanodevices

Nanomedicine Regional Outlook (Revenue, USD Billion; 2013 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• Japan
• China
• Latin America
• Brazil
• Middle East and Africa (MEA)
• South Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-nanomedicine-market    

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Offshore Mooring Systems Market Is Segmented On The Basis Of Product, End-Use And Region 2014-2025

Global Offshore Mooring Systems Market is expected to reach USD 1.32 billion by 2025, according to a new report by Grand View Research, Inc. Increasing oil and gas production and exploration from the offshore fields rather than the onshore and the rising development of shale drilling regions for sustainable growth in future is expected to drive the demand for offshore mooring market.

Innovation of new technologies for development of new systems in order to cater to the increasing complexity of offshore platforms along with maximum cost cutting is the major trend in the industry. The industry players are focusing on developing driverless latching systems in order to increase safety level during operations.

Spread systems were the largest product type while accounting for over 32% market revenue in 2016. These systems are majorly utilized in a wide range of applications such as mobile offshore drilling units (MODU) to the ships with catenary type being the major product category.

Single buoy moors consist of a loading/floating substance anchored offshore, which serves as an anchorage point and an interconnection for tankers stocking or offloading oil or gas or any other liquid products. The segment is anticipated to witness the fastest growth over the next eight years at a CAGR of 2.6% from 2016 to 2025.

Access Full Research Report on Global Offshore Mooring Systems Market:
http://www.grandviewresearch.com/industry-analysis/offshore-mooring-systems-market

Further key findings from the report suggest:

• Tension leg platform (TLP) dominated the global offshore mooring systems industry and was valued at over USD 350.0 million in 2015
• The drag embedment anchors (DEA) are anticipated to witness the highest growth, growing at a CAGR of over 2.6% from 2016 to 2025
• North America market is projected to witness a steady growth rate over the forecast period and is estimated to generate revenue exceeding USD 320 million by 2025
• The U.S. dominated the North America market with a market share of 81.4% in 2015, and anticipated to observe the fastest growth in the region over the forecast period
• The offshore mooring demand for FPSO in the U.S. is projected to grow at a high CAGR of 1.9% over the forecast period
• Middle East is anticipated to emerge as the fastest growing regional market with a CAGR of 3.1% from 2016 to 2025, in spite of challenges faced in deep-water drilling worldwide. Key players including BP and Total are investing in the region and have become the leading stakeholders.
• Some of the major prominent equipment suppliers to mooring service providers include Offspring International, Mampaey Offshore Industries B.V., Single Point Mooring Systems, Rigzone Mooring Systems, Fossen Shipping, and Scana Industrier ASA

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/oil-and-gas-drilling-and-extraction-equipments

For the purpose of this report, Grand View Research has segmented the Global Offshore Mooring Systems Market on the basis of product, end-use and region: 

Offshore Mooring Product Type Outlook (USD Million, 2014 - 2025)

• Spread Mooring
• Single Point Mooring (SPM)
• Dynamic Positioning
• Tendons & Tension Mooring
• Others

Offshore Mooring Anchorage Outlook (USD Million, 2014 - 2025)

• Drag Embedment Anchors
• Suction Anchors
• Vertical Load Anchors
• Driven pile
• Others

Offshore Mooring Application Outlook (USD Million, 2014 - 2025)

• Tension Leg Platforms
• Semi-Submersible Platforms
• SPAR Platforms
• FPSO
• Drill Ships
• Others

Offshore Mooring Regional Outlook (USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Norway
• Asia Pacific
• China
• Indonesia
• India
• Middle East
• Saudi Arabia
• UAE
• Africa
• Nigeria
• Angola
• Central & South America
• Brazil

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-offshore-mooring-systems-market   

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com