HOME Top Market Reports Mooring Systems Market by Application (FPSO, TLP, SPAR, Semi-submersible and FLNG), by Anchorage (DEA, VLA, and Suction), by Mooring type (Spread, SPM, DP, and Tendon), by Depth (Shallow & Deep/Ultra-deep), & by Region - Global Trends & Forecast to 2020

Mooring Systems Market by Application (FPSO, TLP, SPAR, Semi-submersible and FLNG), by Anchorage (DEA, VLA, and Suction), by Mooring type (Spread, SPM, DP, and Tendon), by Depth (Shallow & Deep/Ultra-deep), & by Region - Global Trends & Forecast to 2020

By: marketsandmarkets.com
Publishing Date: January 2016
Report Code: EP 3996

 

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Mooring systems are combined package that includes mooring lines, anchors, connectors, winches, fairleads, which is installed onto the vessels for the station keeping of the floating platforms. Mooring systems includes applications related to type of production vessels such as FPSO’s, SPAR’s, semi-submersibles, tension leg platforms, and to depth like shallow and deep/ultra-deep. The mooring systems market is estimated to be USD 1.58 Billion in 2015. The market is projected to grow at a CAGR of 3.7% from 2015 to 2020. Rapid technological developments improving the drilling and production capability of rigs and vessels aid exploration and production activities in the deep-water and ultra-deep-water areas across the globe. These provide the boost for the mooring systems market.
Years considered for the study:

Base Year: 2014

Forecast years: 2015-estimated, 2020-predicted

Research Methodology:

  • Major applications (vessels) were identified along with number of mooring systems installed in each type of application
  • Secondary’s were conducted to find the number of vessels installed globally across various countries and their contribution to the mooring market
  • The mooring type was identified as per the applicative vessels and the split was calculated by conducting primary’s with industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts, which helped to obtain and verify critical qualitative and quantitative information as well as assess future market prospects
  • Top companies revenues (regional/global), mooring systems pricing, and industry trends along with top-down, bottom-up, and MnM KNOW were used to estimate the market size
  • This was further broken down into several segments and subsegments on the basis of information gathered

Mooring Systems Market

Mooring Systems Market

This study answers several questions for the stakeholders, which include OEMs, EPC companies, oil & gas service providers, distributers & suppliers, consulting firms, private equity groups, investment houses, equity research firms, and other stakeholders. It gives them information about market segments to focus in next two to five years for prioritizing the efforts and investments.

Scope of the Report:

  • This study estimates the global market of mooring systems, in terms of dollar value, till 2020
  • It offers a detailed qualitative and quantitative analysis of this market
  • It provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market
  • It covers various important aspects of the market. These include analysis of value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the mooring systems market.

The market has been segmented into -

On the following basis:

  • By Application:
    • Floating Production Storage & Offloading (FPSO)
    • Tension Leg Platform (TLP)
    • SPAR, Semi-Submersible
    • Floating Liquefied Natural Gas (FLNG)
  • By Anchorage:
    • Drag Embedment Anchors (DEA)
    • Vertical Load Anchors (VLA)
    • Suction Anchors
  • By Mooring Type:
    • Single Point
    • Spread Mooring
    • Dynamic Positioning
    • Tendon
  • By Depth:
    • Shallow (<1000 m)
    • Deep/Ultra-deep (>1000 m)
  • By Region:
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East & Africa

Available Customization

With the market data provided above, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Detailed analysis and profiling of additional market players (Up to 5)

Table Of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives Of The Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for The Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                                10.3.1 Brazil
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown Of Primaries
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Asia-Pacific is Expected to Account for The Largest Market Share During The Forecast Period
    4.2 Mooring Systems Market, By Depth
    4.3 Mooring Systems Market Anchorage vs. Components, 2015

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rapid Technological Advancements
                    5.2.1.2 Increasing Focus on Deep & Ultra-Deepwater Locations
                                5.2.1.2.1 Demand & Supply Scenario Of Crude Oil
           5.2.2 Restraints
                    5.2.2.1 High Cost Associated With Deepwater Projects
                    5.2.2.2 Oil Price Slump
           5.2.3 Opportunities
                    5.2.3.1 Discoveries in The Arctic Region
                    5.2.3.2 Liberalization Of Mexican Oil & Gas Industry
           5.2.4 Challenges
                    5.2.4.1 Rising Environmental Concerns
    5.3 Impact Of Market Dynamics
    5.4 Global Mooring Systems Market, By Depth
    5.5 Top Countries Shallow Water Depth Mooring Systems Market, By Country
    5.6 Top Countries Deep/Ultra-Deep Water Depth Mooring Systems Market, By Country
    5.7 Global Mooring Systems Market, By Component
    5.8 Industry Trends
    5.9 Supply Chain Analysis
    5.1 Porter’s Five Forces Analysis
           5.10.1 Threat Of New Entrants
           5.10.2 Threat Of Substitutes
           5.10.3 Bargaining Power Of Suppliers
           5.10.4 Bargaining Power Of Buyers
           5.10.5 Intensity Of Competitive Rivalry

6 Global Mooring Systems Market, By Depth (Page No. - 52)
    6.1 Introduction
    6.2 Shallow Water Depth Mooring Systems Market, By Region
    6.3 Deep & Ultra-Deep Water Depth Mooring Systems Market, By Region

7 Mooring Systems Market, By Application (Page No. - 56)
    7.1 Introduction
    7.2 FPSO Mooring Systems Market, By Region
    7.3 Semi-Submersible Mooring Systems Market, By Region
    7.4 TLP Mooring Systems Market, By Region
    7.5 SPAR Mooring Systems Market, By Region
    7.6 Flng Mooring Systems Market, By Region

8 Mooring Systems Market, By Type (Page No. - 63)
    8.1 Introduction
    8.2 SPM Mooring Systems Market, By Region
    8.3 SMS Mooring Systems Market, By Region
    8.4 TM Mooring Systems Market, By Region
    8.5 DP Mooring Systems Market, By Region

9 Mooring System Market, By Anchorage Type (Page No. - 69)
    9.1 Introduction
    9.2 DEA Anchorage Type Mooring Systems Market, By Region
    9.3 VLA Anchorage Type Mooring Systems Market, By Region
    9.4 Suction Anchorage Type Mooring Systems Market, By Region

10 Mooring Systems Market, By Region (Page No. - 74)
     10.1 Introduction
     10.2 Asia-Pacific
              10.2.1 China
              10.2.2 Australia
     10.3 Latin America
              10.3.1 Brazil
     10.4 Middle East & Africa
              10.4.1 Angola
              10.4.2 UAE
              10.4.3 Saudi Arabia
              10.4.4 Qatar
              10.4.5 Nigeria
     10.5 North America
              10.5.1 United States
              10.5.2 Mexico
     10.6 Europe
              10.6.1 Norway
              10.6.2 U.K.

11 Competitive Landscape (Page No. - 101)
     11.1 Overview
     11.2 Competitive Situation & Trends
              11.2.1 Contracts & Agreements
              11.2.2 New Product/Technology Development
              11.2.3 Mergers & Acquisitions
              11.2.4 Joint Ventures/Partnerships, 2012–2014
              11.2.5 Expansion
              11.2.6 Other Developments

12 Company Profiles (Page No. - 108)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     12.1 Introduction
     12.2 SBM Offshore N.V.
     12.3 BW Offshore Ltd.
     12.4 Delmar Systems, Inc.
     12.5 Mampaey Offshore Industries
     12.6 Modec, Inc.
     12.7 Grup Servicii Petroliere S.A.
     12.8 National Oilwell Varco, Inc.
     12.9 Trellborg AB
     12.10 Bluewater Holding B.V.
     12.11 Cargotec Corporation
     12.12 Timberland Equipment Limited
     12.13 Usha Martin Limited
     12.14 Volkerwessels

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case Of Unlisted Companies.

13 Appendix (Page No. - 136)
     13.1 Insights Of Industry Experts
     13.2 Discussion Guide
     13.3 Introducing RT: Real Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports


List Of Tables (68 Tables)

Table 1 Consumption Of Crude Oil, By Region , 2010–2014 (Million Tons)
Table 2 Production Of Crude Oil, By Region, 2010–2014 ( Million Tons)
Table 3 Impact Of Market Dynamics
Table 4 Mooring Systems Market Size (Top Countries), By Depth,2013–2020 (USD Million)
Table 5 Shallow Water Depth Mooring Systems Market Size, By Top Countries, 2013–2020 (USD Million)
Table 6 Deep/Ultra-Deep Water Depth Mooring Systems Market Size, By Top Countries, 2013–2020 (USD Million)
Table 7 Mooring Systems Market Size, By Component, 2013–2020 (USD Million)
Table 8 Mooring Systems Market Size, By Depth, 2013–2020 (USD Million)
Table 9 Shallow Water Depth Mooring Systems Market Size, By Region,2013–2020 (USD Million)
Table 10 Deep & Ultra-Deep Water Depth Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 11 Mooring Systems Market Size, By Application, 2013–2020 (USD Million)
Table 12 FPSO Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 13 Semi-Submersible Mooring Systems Market Size, By Region,2013–2020 (USD Million)
Table 14 TLP Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 15 SPAR Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 16 FLNG Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 17 Mooring Systems Market Size, By Type, 2013–2020 (USD Million)
Table 18 SPM Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 19 SMS Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 20 TM Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 21 DP Mooring Systems Market Size, By Region, 2013–2020 (USD Million)
Table 22 Mooring Systems Market Size, By Anchorage Type,2013–2020 (USD Million)
Table 23 DEA Anchorage Type Mooring System Market Size, By Region,2013–2020 (USD Million)
Table 24 VLA Anchorage Type Mooring System Market Size, By Region,2013–2020 (USD Million)
Table 25 Suction Anchorage Type Mooring System Market Size, By Region, 2013–2020 (USD Million)
Table 26 Mooring System Market, By Region, 2013–2020 (USD Million)
Table 27 Asia-Pacific: Market Size, By Country,2013–2020 (USD Million)
Table 28 Asia-Pacific: Market Size, By Application,2013–2020 (USD Million)
Table 29 Asia-Pacific: Market Size, By Anchorage,2013–2020 (USD Million)
Table 30 Asia-Pacific: Market Size, By Type,2013–2020 (USD Million)
Table 31 Asia-Pacific: Market Size, By Depth,2013–2020 (USD Million)
Table 32 China Mooring System Market Size, By Depth, 2013–2020 (USD Million
Table 33 Australia: Market Size, By Depth,2013–2020 (USD Million)
Table 34 Latin America: Mooring System Market Size, By Country,2013–2020 (USD Million)
Table 35 Latin America: Market Size, By Application,2013–2020 (USD Million)
Table 36 Latin America  Market Size, By Anchorage,2013–2020 (USD Million)
Table 37 Latin America: Market Size, By Type,2013–2020 (USD Million)
Table 38 Latin America: Mooring System Market Size, By Depth,2013–2020 (USD Million)
Table 39 Brazil: Mooring System Market Size, By Depth,2013–2020 (USD Million)
Table 40 Middle East & Africa Mooring System Market Size, By Country,2013–2020 (USD Million)
Table 41 Middle East & Africa: Market Size, By Application, 2013–2020 (USD Million)
Table 42 Middle East & Africa: Market Size, By Anchorage, 2013–2020 (USD Million)
Table 43 Middle East & Africa: Market Size, By Type,2013–2020 (USD Million)
Table 44 Middle East & Africa: Market Size, By Depth,2013–2020 (USD Million)
Table 45 Angola: Market Size, By Depth,2013–2020 (USD Million
Table 46 UAE: Market Size, By Depth, 2013–2020 (USD Million
Table 47 Saudi Arabia Market Size, By Depth,2013–2020 (USD Million
Table 48 Qatar: Market Size, By Depth, 2013–2020 (USD Million
Table 49 Nigeria: Mooring System Market Size, By Depth,2013–2020 (USD Million
Table 50 North America: Mooring System Market Size, By Country,2013–2020 (USD Million)
Table 51 North America: Market Size, By Application,2013–2020 (USD Million)
Table 52 North America: Market Size, By Anchorage,2013–2020 (USD Million)
Table 53 North America: Market Size, By Type,2013–2020 (USD Million)
Table 54 North America: Market Size, By Depth,2013–2020 (USD Million)
Table 55 U.S.: Mooring System Market Size, By Depth, 2013–2020 (USD Million
Table 56 Mexico: Mooring System Market Size, By Depth,2013–2020 (USD Million
Table 57 Europe: Mooring System Market Size, By Country,2013–2020 (USD Million)
Table 58 Europe: Market Size, By Application,2013–2020 (USD Million)
Table 59 Europe: Market Size, By Anchorage,2013–2020 (USD Million)
Table 60 Europe: Market Size, By Type, 2013–2020 (USD Million)
Table 61 Europe: Market Size, By Depth,2013–2020 (USD Million)
Table 62 Norway: Mooring System Market Size, By Depth,2013–2020 (USD Million
Table 63 U.K. Mooring System Market Size, By Depth, 2013–2020 (USD Million
Table 64 Contracts & Agreements, 2015
Table 65 New Product Development, 2015
Table 66 Mergers & Acquisitions, 2012–2015
Table 67 Expansions, 2013
Table 68 Other Developments, 2012–2014
 
 
List Of Figures (63 Figures)
 
Figure 1 Markets Covered: Mooring Systems Market
Figure 2 Mooring Systems Market: Research Design
Figure 3 Breakdown Of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 FPSO Segment Expected to Dominate The Mooring Systems Market During The Forecast Period
Figure 8 Shallow Water Depth Mooring Systems Segment Expected to Account for Maximum Demand During The Forecast Period
Figure 9 Asia-Pacific Expected to Dominate The Mooring Systems Market During The Forecast Period
Figure 10 Asia-Pacific Accounted for The Largest Market Share in Mooring Systems Market in 2014
Figure 11 Attractive Market Opportunities in The Mooring Systems Market
Figure 12 Asia-Pacific Expected to Grow at The Highest CAGR During The Forecast Period
Figure 13 Shallow Water Depth Mooring Systems Expected to Dominate The Mooring Systems Market in The Forecast Period
Figure 14 DEA Segment is Projected to Account for The Highest Share in The Mooring Systems Market During The Forecast Period
Figure 15 SPM Segment Expected to Grow Faster Than Other Mooring Types During The Forecast Period
Figure 16 TLP Segment Expected to Grow Fastest in this Market During The Forecast Period
Figure 17 Anchorage vs. Component: Mooring Systems Market Share in 2015
Figure 18 Brent Crude Oil Prices, (USD Per Barrel)
Figure 19 Regional Distribution Of Undiscovered Arctic Region Oil Resources
Figure 20 Shallow Water Depth Mooring Systems is Expected to Be The Highest Growing Market During The Forecast Period
Figure 21 Australia Expected to Be The Highest-Growing Market for Shallow Water Depth Market During The Forecast Period
Figure 22 Australia Expected to Be The Highest-Growing Market in The Deep/Ultra-Deep Water Depth Market During The Forecast Period
Figure 23 Mooring System Market: Supply Chain Analysis
Figure 24 Porter’s Five Forces Analysis: Mooring System Market
Figure 25 Shallow Water Depth Mooring System Market Projected to Grow Rapidly During The Forecast Period
Figure 26 Asia-Pacific Market Expected to Grow Rapidly for Shallow Water Depth Mooring Systems During The Forecast Period
Figure 27 Middle East & Africa Expected to Be The Highest-Growing Market for Deep & Ultra-Deep Water Depth Mooring Systems During The Forecast Period
Figure 28 TLP Mooring System Market is Projected to Grow Rapidly During The Forecast Period
Figure 29 Asia-Pacific Market Expected to Grow Rapidly in for FPSO Mooring Systems During The Forecast Period
Figure 30 Latin America Expected to Be The Highest-Growing Region in The Semi-Submersible Mooring Systems During The Forecast Period
Figure 31 Asia-Pacific Expected to Be The Highest-Growing Region in The TLP in this Market During The Forecast Period
Figure 32 North America Expected to Be The Highest-Growing Region in The SPAR Mooring Systems Market During The Forecast Period
Figure 33 Asia-Pacific Expected to Be The Largest Market for FLNG Mooring Systems Market (2018–2020)
Figure 34 SPM Mooring Systems Market is to Grow Rapidly During The Forecast Period
Figure 35 Asia-Pacific Expected to Grow Rapidly in The SPM Mooring System Market During The Forecast Period
Figure 36 Latin America Expected to Be The Highest-Growing for SMS Type Mooring System Market During The Forecast Period
Figure 37 Asia-Pacific Expected to Be The Highest Growing Region for TM Type Mooring System Market During The Forecast Period
Figure 38 Latin America Expected to Be The Highest Growing Region for The DP Mooring System Market During The Forecast Period
Figure 39 Suction Anchors Type Mooring System Market Projected to Grow Rapidly During The Forecast Period
Figure 40 Asia-Pacific Market Expected to Grow Rapidly for DEA Anchorage Type Mooring Systems Market During The Forecast Period
Figure 41 Latin America Expected to Be The Highest-Growing Market for VLA Anchorage Type Mooring Systems During The Forecast Period
Figure 42 Asia-Pacific Expected to Be The Highest-Growing Market for Suction Anchorage Type Mooring Systems During The Forecast Period
Figure 43 Regional Snapshot (2015) –Mooring System Market Estimated to Grow Rapidly in Australia
Figure 44 U.K. –The Biggest Emerging Market, as Shallow, & Deep & Ultra-Deep Water Depths Mooring Systems are Gaining Traction
Figure 45 Asia-Pacific Mooring Systems Market Snapshot (2015)- Southeast Asia is Expected to Become The Largest Market in The Region
Figure 46 Latin America Market Snapshot (2015): Deep & Ultra-Deep Water Mooring Systems Segment Expected to Drive The Mooring Systems Market in Latin America
Figure 47 Middle East & Africa Mooring System Market Snapshot (2015)- UAE to Become The Fastest-Growing Market in The Region During The Forecast Period
Figure 48 North America Market Snapshot (2015): Canada Expected to Drive The Market for Mooring Systems in North America
Figure 49 Europe: Market Snapshot (2015): Norway Accounts for The Major Share in The European in this Market During The Forecast Period
Figure 50 Companies Adopted Contracts & Agreements and New Product/Service/Technology Development to Capture The Market
Figure 51 Battle for Market Share: Contracts & Agreements is The Key Strategy
Figure 52 Market Evaluation Framework: Top Companies Based on Market Share. 2014
Figure 53 Market Evaluation Framework: Contracts & Agreements, New Product Launches, & Mergers & Acquisitions Fueled Growth Of Companies, 2012–2015
Figure 54 Regional Revenue Mix Of The Top 5 Market Players
Figure 55 SBM Offshore N.V.: Company Snapshot
Figure 56 BW Offshore Ltd.: Company Snapshot
Figure 57 Modec, Inc.: Company Snapshot
Figure 58 National Oilwell Varco, Inc.: Company Snapshot
Figure 59 Trellborg AB: Company Snapshot
Figure 60 Bluewater Holding B.V.: Business Overview
Figure 61 Cargotec Corporation.: Business Overview
Figure 62 Usha Martin Limited.: Business Overview
Figure 63 Volkerwessels.: Business Overview

The increase in the energy demand has resulted in the rise in oil & gas production from the regions such as North America and the Middle East. Due to the maturing onshore oil & gas fields there has been a shift of exploration & production activities towards offshore reserves.

The global mooring systems market is expected to grow from USD 1.58 Billion in 2015 to USD 1.89 Billion by 2020, at a CAGR of 3.7%. Asia-Pacific accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period.

The Market for mooring systems has also been classified on the basis of applications such as shallow water, deepwater, and ultra-deepwater based operations. Nearly half of the mooring systems market is covered by shallow water applications, but with the advent of advanced technology, the operators are entering into deepwater and ultra-deepwater zones. Moreover, decreasing production in shallow water basins and large potential of untapped subsea hydrocarbon reserves are contributing in the increasing focus in deepwater drilling. There has been increasing deepwater oil discoveries in India, Africa, Australia, the U.S., Russia, and Norway. Oil discoveries in African region especially Ghana, Congo, Mozambique, and Angola are creating lucrative business opportunities, where market players are trying to focus on enhancing their revenue.

Mooring Systems Market

The mooring systems market has also been classified on the basis of mooring type into single point mooring, spread mooring, tendon mooring, and dynamic positioning. Single point mooring occupy the major share among mooring types and is expected to grow at a steady rate during the forecast period. It finds its major application in the vessel type FPSO and FLNG. It is preferred over the spread mooring due to its ability of easy weathervane, requirement of less mooring legs, and easy offloading. The single point mooring market is expected to grow from an estimated size of USD 0.68 billion in 2015 to USD 0.83 billion by 2020. Various drivers pushing the market are rapid technological advancements in drilling and exploration techniques, which in turn help increasing focus on deepwater & ultra-deepwater locations.

The recent decline of oil prices have affected the exploration & production activities across various regions and so the revenues of oil & gas operators. Trickling down the effect, there has been decline in new vessel installation in the field and so the growth of mooring systems is sluggish in 2015. Various players in the market are focusing on contracts & agreements for their geographical expansion and surge in the customer base.

Available Customizations Title

Client Consult Problem Statement : MNM’s client wanted to know the market size of Global offshore mooring system, further segmented by region. The regional market sizes were further segmented by the countries, by application (FPSO, TLP, SPAR Platform, Semi-Submersible, and FLNG), by mooring system type (Catenary Systems, Taut Leg Systems, Semi-Taut Leg Systems, Single Point Mooring Systems, Spread Mooring Systems, Dynamic Positioning), and by anchorage (Drag Embedment, Suction, and Vertical Load l). The client also wanted to know there market position in offshore mooring system

Solution Provided:

1. Methodology Adopted by MnM :

The market numbers were estimated through vario....

1. Methodology Adopted by MnM :

The market numbers were estimated through various primary and secondary sources. The existing number of vessels, well count, offshore E&P investment, orderbook, new discoveries, and offshore projects were taken into existing to analyze and estimate the numbers. The numbers were cross validated with key opinion leads and industry experts throughout the value chain.

2. Actual Solution Provided:

   • Global market size further segmented by region (North America, Europe, South and Central America, Asia-Pacific, and the Middle East and Africa
   • Regional market size were further segmented by Application, by Anchorage, and by Type
   • Application market size were segmented by type
   • Market trends and drivers for the diesel generator rental market in Europe
   • Identified the major player and their market share as well as competitors’ benchmarking on the basis of their product portfolio
   • Recommendation related to target country, target application, target anchorage, and target type

Value Delivered:

The detailed outcome of the study, MnM’s client was able to assess market insights for its product offerings. The set of information and recommendations shared by MnM assisted the client to understand its share and understand the country, application, type, and anchorage that the company should focus/invest on. The market share analysis provided them with the fair knowledge of its competitors and their share in the pie.

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