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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 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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