Floating Production Systems Market Size, Share, and Trends 2026 to 2035

Floating Production Systems Market (By System Type: FPSO (Floating Production, Storage and Offloading), New build FPSOs, Other Floating Systems (FLNG variants); By Water Depth: Deepwater (500–1500 meters), Ultra-deepwater (>1500 meters), Shallow / Sub-deepwater (<500 meters); By Application: Oil Production, Other Offshore Resources; By Platform Functionality: Production Only, Production + Storage + Offloading; By Contract/Procurement Model: EPC (Engineering, Procurement and Construction), Other Procurement Models; By Deployment Location: Offshore Atlantic (Americas), Other Regions; By Service Type: Installation and Commissioning Services, Other Lifecycle Services; By Contract Duration: Short-term/Project-based Contracts, Spot/As-needed Deployments; By Deployment Mode: Integrated Floating Systems, Retrofit/Upgraded Conversions) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2026 to 2035

Last Updated : 17 Feb 2026  |  Report Code : 7746  |  Category : Energy and Power   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Floating Production Systems Market, By System Type

7.1. Floating Production Systems Market, by System Type

7.1.1. FPSO (Floating Production, Storage and Offloading)

7.1.1.1. Market Revenue and Forecast

7.1.2. Semi-submersible Production Platforms

7.1.2.1. Market Revenue and Forecast

7.1.3. Spars and TLPs (Deepwater Platforms) 

7.1.3.1. Market Revenue and Forecast

7.1.4. Floating LNG Production Systems

7.1.4.1. Market Revenue and Forecast

7.1.5. Other Floating Systems (FLNG variants) 

7.1.5.1. Market Revenue and Forecast

Chapter 8. Global Floating Production Systems Market, By Water Depth

8.1. Floating Production Systems Market, by Water Depth

8.1.1. Deepwater (500–1500 meters)

8.1.1.1. Market Revenue and Forecast

8.1.2. Ultra-deepwater (>1500 meters)

8.1.2.1. Market Revenue and Forecast

8.1.3. Shallow / Sub-deepwater (<500 meters)

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Floating Production Systems Market, By Application

9.1. Floating Production Systems Market, by Application

9.1.1. Oil Production

9.1.1.1. Market Revenue and Forecast

9.1.2. Gas Production/Floating LNG

9.1.2.1. Market Revenue and Forecast

9.1.3. Oil and Gas Mixed Production

9.1.3.1. Market Revenue and Forecast

9.1.4. Other Offshore Resources

9.1.4.1. Market Revenue and Forecast

Chapter 10. Global Floating Production Systems Market, By Platform Functionality

10.1. Floating Production Systems Market, by Platform Functionality

10.1.1. Production Only

10.1.1.1. Market Revenue and Forecast

10.1.2. Production + Storage

10.1.2.1. Market Revenue and Forecast

10.1.3. Production + Storage + Offloading

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Floating Production Systems Market, By Contract/Procurement Model

11.1. Floating Production Systems Market, by Contract/Procurement Model

11.1.1. EPC (Engineering, Procurement and Construction)

11.1.1.1. Market Revenue and Forecast

11.1.2. EPCI (Engineering, Procurement, Construction and Installation)

11.1.2.1. Market Revenue and Forecast

11.1.3. Lease/Charter Systems

11.1.3.1. Market Revenue and Forecast

11.1.4. Other Procurement Models  

11.1.4.1. Market Revenue and Forecast

Chapter 12. Global Floating Production Systems Market, By Deployment Location

12.1. Floating Production Systems Market, by Deployment Location

12.1.1. Offshore Atlantic (Americas)

12.1.1.1. Market Revenue and Forecast

12.1.2. North Sea and Europe Offshore

12.1.2.1. Market Revenue and Forecast

12.1.3. Asia-Pacific Offshore

12.1.3.1. Market Revenue and Forecast

12.1.4. Middle East and Africa Offshore 

12.1.4.1. Market Revenue and Forecast

12.1.5. Other Regions

12.1.5.1. Market Revenue and Forecast

Chapter 13. Global Floating Production Systems Market, By Service Type

13.1. Floating Production Systems Market, by Service Type

13.1.1. Installation and Commissioning Services 

13.1.1.1. Market Revenue and Forecast

13.1.2. Engineering and Design Services 

13.1.2.1. Market Revenue and Forecast

13.1.3. Maintenance and Support Services 

13.1.3.1. Market Revenue and Forecast

13.1.4. Inspection and Warranty Services 

13.1.4.1. Market Revenue and Forecast

13.1.5. Other Lifecycle Services 

13.1.5.1. Market Revenue and Forecast

Chapter 14. Global Floating Production Systems Market, By Contract Duration

14.1. Floating Production Systems Market, by Contract Duration

14.1.1. Short-term/Project-based Contracts 

14.1.1.1. Market Revenue and Forecast

14.1.2. Long-term/Multi-year Contracts 

14.1.2.1. Market Revenue and Forecast

14.1.3. Spot/As-needed Deployments 

14.1.3.1. Market Revenue and Forecast

Chapter 15. Global Floating Production Systems Market, By Deployment Mode

15.1. Floating Production Systems Market, by Deployment Mode

15.1.1. Integrated Floating Systems

151.1.1. Market Revenue and Forecast

15.1.2. Modular/Plug-and-Play Configurations

15.1.2.1. Market Revenue and Forecast

15.1.3. Retrofit/Upgraded Conversions

15.1.3.1. Market Revenue and Forecast

Chapter 16. Global Floating Production Systems Market, Regional Estimates and Trend Forecast

16.1. North America

16.1.1. Market Revenue and Forecast, by System Type

16.1.2. Market Revenue and Forecast, by Water Depth

16.1.3. Market Revenue and Forecast, by Application

16.1.4. Market Revenue and Forecast, by Platform Functionality

16.1.5. Market Revenue and Forecast, by Contract/Procurement Model

16.1.6. Market Revenue and Forecast, by Deployment Location

16.1.7. Market Revenue and Forecast, by Service Type

16.1.8. Market Revenue and Forecast, by Contract Duration

16.1.9. Market Revenue and Forecast, by Deployment Mode

16.1.9. U.S.

16.1.9.1. Market Revenue and Forecast, by System Type

16.1.9.2. Market Revenue and Forecast, by Water Depth

16.1.9.3. Market Revenue and Forecast, by Application

16.1.9.4. Market Revenue and Forecast, by Platform Functionality

16.1.9.5.  Market Revenue and Forecast, by Contract/Procurement Model

16.1.9.6. Market Revenue and Forecast, by Deployment Location

16.1.9.7. Market Revenue and Forecast, by Service Type

16.1.9.8. Market Revenue and Forecast, by Contract Duration

16.1.9.9. Market Revenue and Forecast, by Deployment Mode

16.1.10. Rest of North America

16.1.10.1. Market Revenue and Forecast, by System Type

16.1.10.2. Market Revenue and Forecast, by Water Depth

16.1.10.3. Market Revenue and Forecast, by Application

16.1.10.4. Market Revenue and Forecast, by Platform Functionality

16.1.10.5. Market Revenue and Forecast, by Contract/Procurement Model

16.1.10.6. Market Revenue and Forecast, by Deployment Location

16.1.10.7. Market Revenue and Forecast, by Service Type

16.1.10.8. Market Revenue and Forecast, by Contract Duration

16.1.10.9. Market Revenue and Forecast, by Deployment Mode

16.2. Europe

16.2.1. Market Revenue and Forecast, by System Type

16.2.2. Market Revenue and Forecast, by Water Depth

16.2.3. Market Revenue and Forecast, by Application

16.2.4. Market Revenue and Forecast, by Platform Functionality

16.2.5. Market Revenue and Forecast, by Contract/Procurement Model

16.2.6. Market Revenue and Forecast, by Deployment Location

16.2.7. Market Revenue and Forecast, by Service Type

16.2.8. Market Revenue and Forecast, by Contract Duration

16.2.9. Market Revenue and Forecast, by Deployment Mode

15.2.9. UK

16.2.9.1. Market Revenue and Forecast, by System Type

16.2.9.2. Market Revenue and Forecast, by Water Depth

16.2.9.3. Market Revenue and Forecast, by Application

16.2.9.4. Market Revenue and Forecast, by Platform Functionality

16.2.9.5. Market Revenue and Forecast, by Contract/Procurement Model

16.2.9.6. Market Revenue and Forecast, by Deployment Location

16.2.9.7. Market Revenue and Forecast, by Service Type

16.2.9.8. Market Revenue and Forecast, by Contract Duration

16.2.9.9. Market Revenue and Forecast, by Deployment Mode

16.2.10. Germany

16.2.10.1. Market Revenue and Forecast, by System Type

16.2.10.2. Market Revenue and Forecast, by Water Depth

16.2.10.3. Market Revenue and Forecast, by Application

16.2.10.4. Market Revenue and Forecast, by Platform Functionality

16.2.10.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.2.10.6. Market Revenue and Forecast, by Deployment Location

16.2.10.7. Market Revenue and Forecast, by Service Type

16.2.10.8. Market Revenue and Forecast, by Contract Duration

16.2.10.9. Market Revenue and Forecast, by Deployment Mode

16.2.11.  France

16.2.11.1. Market Revenue and Forecast, by System Type

16.2.11.2. Market Revenue and Forecast, by Water Depth

16.2.11.3. Market Revenue and Forecast, by Application

16.2.11.4. Market Revenue and Forecast, by Platform Functionality

16.2.11.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.2.11.6. Market Revenue and Forecast, by Deployment Location

16.2.11.7. Market Revenue and Forecast, by Service Type

16.2.11.8. Market Revenue and Forecast, by Contract Duration

16.2.11.9. Market Revenue and Forecast, by Deployment Mode

16.2.12. Rest of Europe

16.2.12.1. Market Revenue and Forecast, by System Type

16.2.12.2. Market Revenue and Forecast, by Water Depth

16.2.12.3. Market Revenue and Forecast, by Application

16.2.12.4. Market Revenue and Forecast, by Platform Functionality

16.2.12.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.2.12.6. Market Revenue and Forecast, by Deployment Location

16.2.12.7. Market Revenue and Forecast, by Service Type

16.2.12.8. Market Revenue and Forecast, by Contract Duration

16.2.12.9. Market Revenue and Forecast, by Deployment Mode

16.3. APAC

16.3.1. Market Revenue and Forecast, by System Type

16.3.2. Market Revenue and Forecast, by Water Depth

16.3.3. Market Revenue and Forecast, by Application

16.3.4. Market Revenue and Forecast, by Platform Functionality

16.3.5. Market Revenue and Forecast, by Contract/Procurement Model

16.3.6. Market Revenue and Forecast, by Deployment Location

16.3.7. Market Revenue and Forecast, by Service Type

16.3.8. Market Revenue and Forecast, by Contract Duration

16.3.9. Market Revenue and Forecast, by Deployment Mode

16.3.9. India

16.3.9.1. Market Revenue and Forecast, by System Type

16.3.9.2. Market Revenue and Forecast, by Water Depth

16.3.9.3. Market Revenue and Forecast, by Application

16.3.9.4. Market Revenue and Forecast, by Platform Functionality

16.3.9.5. Market Revenue and Forecast, by Contract/Procurement Model

16.3.9.6. Market Revenue and Forecast, by Deployment Location

16.3.9.7. Market Revenue and Forecast, by Service Type

16.3.9.8. Market Revenue and Forecast, by Contract Duration

16.3.9.9. Market Revenue and Forecast, by Deployment Mode

16.3.10. China

16.3.10.1. Market Revenue and Forecast, by System Type

16.3.10.2. Market Revenue and Forecast, by Water Depth

16.3.10.3. Market Revenue and Forecast, by Application

16.3.10.4. Market Revenue and Forecast, by Platform Functionality

16.3.10.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.3.10.6. Market Revenue and Forecast, by Deployment Location

16.3.10.7. Market Revenue and Forecast, by Service Type

16.3.10.8. Market Revenue and Forecast, by Contract Duration

16.3.10.9. Market Revenue and Forecast, by Deployment Mode

16.3.11. Japan

16.3.11.1. Market Revenue and Forecast, by System Type

16.3.11.2. Market Revenue and Forecast, by Water Depth

16.3.11.3. Market Revenue and Forecast, by Application

16.3.11.4. Market Revenue and Forecast, by Platform Functionality

16.3.11.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.3.11.6. Market Revenue and Forecast, by Deployment Location

16.3.11.7. Market Revenue and Forecast, by Service Type

16.3.11.8. Market Revenue and Forecast, by Contract Duration

16.3.11.9. Market Revenue and Forecast, by Deployment Mode

16.3.12. Rest of APAC

16.3.12.1. Market Revenue and Forecast, by System Type

16.3.12.2. Market Revenue and Forecast, by Water Depth

16.3.12.3. Market Revenue and Forecast, by Application

16.3.12.4. Market Revenue and Forecast, by Platform Functionality

16.3.12.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.3.12.6. Market Revenue and Forecast, by Deployment Location

16.3.12.7. Market Revenue and Forecast, by Service Type

16.3.12.8. Market Revenue and Forecast, by Contract Duration

16.3.12.9. Market Revenue and Forecast, by Deployment Mode

16.4. MEA

16.4.1. Market Revenue and Forecast, by System Type

16.4.2. Market Revenue and Forecast, by Water Depth

16.4.3. Market Revenue and Forecast, by Application

16.4.4. Market Revenue and Forecast, by Platform Functionality

16.4.5. Market Revenue and Forecast, by Contract/Procurement Model

16.4.6. Market Revenue and Forecast, by Deployment Location

16.4.7. Market Revenue and Forecast, by Service Type

16.4.8. Market Revenue and Forecast, by Contract Duration

16.4.9. Market Revenue and Forecast, by Deployment Mode

16.4.9. GCC

16.4.9.1. Market Revenue and Forecast, by System Type

16.4.9.2. Market Revenue and Forecast, by Water Depth

16.4.9.3. Market Revenue and Forecast, by Application

16.4.9.4. Market Revenue and Forecast, by Platform Functionality

16.4.9.5. Market Revenue and Forecast, by Contract/Procurement Model

16.4.9.6. Market Revenue and Forecast, by Deployment Location

16.4.9.7. Market Revenue and Forecast, by Service Type

16.4.9.8. Market Revenue and Forecast, by Contract Duration

16.4.9.9. Market Revenue and Forecast, by Deployment Mode

16.4.10. North Africa

16.4.10.1. Market Revenue and Forecast, by System Type

16.4.10.2. Market Revenue and Forecast, by Water Depth

16.4.10.3. Market Revenue and Forecast, by Application

16.4.10.4. Market Revenue and Forecast, by Platform Functionality

16.4.10.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.4.10.6. Market Revenue and Forecast, by Deployment Location

16.4.10.7. Market Revenue and Forecast, by Service Type

16.4.10.8. Market Revenue and Forecast, by Contract Duration

16.4.10.9. Market Revenue and Forecast, by Deployment Mode

16.4.11. South Africa

16.4.11.1. Market Revenue and Forecast, by System Type

16.4.11.2. Market Revenue and Forecast, by Water Depth

16.4.11.3. Market Revenue and Forecast, by Application

16.4.11.4. Market Revenue and Forecast, by Platform Functionality

16.4.11.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.4.11.6. Market Revenue and Forecast, by Deployment Location

16.4.11.7. Market Revenue and Forecast, by Service Type

16.4.11.8. Market Revenue and Forecast, by Contract Duration

16.4.11.9. Market Revenue and Forecast, by Deployment Mode

16.4.12. Rest of MEA

16.4.12.1. Market Revenue and Forecast, by System Type

16.4.12.2. Market Revenue and Forecast, by Water Depth

16.4.12.3. Market Revenue and Forecast, by Application

16.4.12.4. Market Revenue and Forecast, by Platform Functionality

16.4.12.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.4.12.6. Market Revenue and Forecast, by Deployment Location

16.4.12.7. Market Revenue and Forecast, by Service Type

16.4.12.8. Market Revenue and Forecast, by Contract Duration

16.4.12.9. Market Revenue and Forecast, by Deployment Mode

16.5. Latin America

16.5.1. Market Revenue and Forecast, by System Type

16.5.2. Market Revenue and Forecast, by Water Depth

16.5.3. Market Revenue and Forecast, by Application

16.5.4. Market Revenue and Forecast, by Platform Functionality

16.5.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.5.6. Market Revenue and Forecast, by Deployment Location

16.5.7. Market Revenue and Forecast, by Service Type

16.5.8. Market Revenue and Forecast, by Contract Duration

16.5.9. Market Revenue and Forecast, by Deployment Mode

16.5.9. Brazil

16.5.9.1. Market Revenue and Forecast, by System Type

16.5.9.2. Market Revenue and Forecast, by Water Depth

16.5.9.3. Market Revenue and Forecast, by Application

16.5.9.4. Market Revenue and Forecast, by Platform Functionality

16.5.9.5. Market Revenue and Forecast, by Contract/Procurement Model

16.5.9.6. Market Revenue and Forecast, by Deployment Location

16.5.9.7. Market Revenue and Forecast, by Service Type

16.5.9.8. Market Revenue and Forecast, by Contract Duration

16.5.9.9. Market Revenue and Forecast, by Deployment Mode

16.5.10.   Rest of LATAM

16.5.10.1. Market Revenue and Forecast, by System Type

16.5.10.2. Market Revenue and Forecast, by Water Depth

16.5.10.3. Market Revenue and Forecast, by Application

16.5.10.4. Market Revenue and Forecast, by Platform Functionality

16.5.10.5. Market Revenue and Forecast, by Contract/Procurement Model 

16.5.10.6. Market Revenue and Forecast, by Deployment Location

16.5.10.7. Market Revenue and Forecast, by Service Type

16.5.10.8. Market Revenue and Forecast, by Contract Duration

16.5.10.9. Market Revenue and Forecast, by Deployment Mode

Chapter 17. Company Profiles

17.1. Petrobras

17.1.1. Company Overview

17.1.2. Product Offerings

17.1.3. Financial Performance

17.1.4. Recent Initiatives

17.2. SBM Offshore

17.2.1. Company Overview

17.2.2. Product Offerings

17.2.3. Financial Performance

17.2.4. Recent Initiatives

17.3. BW Offshore

17.3.1. Company Overview

17.3.2. Product Offerings

17.3.3. Financial Performance

17.3.4. Recent Initiatives

17.4. Bumi Armada

17.4.1. Company Overview

17.4.2. Product Offerings

17.4.3. Financial Performance

17.4.4. Recent Initiatives

17.5. MODEC

17.5.1. Company Overview

17.5.2. Product Offerings

17.5.3. Financial Performance

17.5.4. Recent Initiatives

17.6. Teekay Corporation

17.6.1. Company Overview

17.6.2. Product Offerings

17.6.3. Financial Performance

17.6.4. Recent Initiatives

17.7. Yinson Holdings

17.7.1. Company Overview

17.7.2. Product Offerings

17.7.3. Financial Performance

17.7.4. Recent Initiatives

17.8. Bluewater Energy Services

17.8.1. Company Overview

17.8.2. Product Offerings

17.8.3. Financial Performance

17.8.4. Recent Initiatives

17.9. ExxonMobil Corporation

17.9.1. Company Overview

17.9.2. Product Offerings

17.9.3. Financial Performance

17.9.4. Recent Initiatives

17.10. TotalEnergies SE

17.10.1. Company Overview

17.10.2. Product Offerings

17.10.3. Financial Performance

17.10.4. Recent Initiatives

Chapter 18. Research Methodology

18.7. Primary Research

18.7. Secondary Research

18.7. Assumptions

Chapter 19. Appendix

19.1. About Us

19.2. Glossary of Terms

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Frequently Asked Questions

Answer : The floating production systems market size is expected to increase from USD 16.32 billion in 2025 to USD 28.52 billion by 2035.

Answer : The floating production systems market is expected to grow at a compound annual growth rate (CAGR) of around 5.74% from 2026 to 2035.

Answer : The driving factors of the floating production systems market are the Increasing investment in deepwater and ultra-deepwater projects and the development of subsea technologies are hastening the use of floating production infrastructure.

Answer : North America region will lead the global floating production systems market during the forecast period 2026 to 2035.

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