NEW YORK, Nov. 26, 2019 /PRNewswire/ -- Offshore Decommissioning market worldwide is projected to grow by US$2.6 Billion, driven by a compounded growth of 5.2%. Project Management, Engineering, and Planning, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$750.7 Million by the year 2025, Project Management, Engineering, and Planning will bring in healthy gains adding significant momentum to global growth.
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- Representing the developed world, the United States will maintain a 6.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$128.8 Million to the region's size and clout in the next 5 to 6 years. Over US$119.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Project Management, Engineering, and Planning will reach a market size of US$45.1 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.9% over the next couple of years and add approximately US$430.9 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others, Able UK Ltd.; Af Gruppen Asa; Aker Solutions ASA; Allseas Group S.A; Amec Foster Wheeler PLC; Claxton Engineering Services, Ltd.; DeepOcean Group Holding BV.; DNV GL Group; Heerema Marine Contractors; John Wood Group PLC; Petrofac Limited (Jersey); Ramboll Group A/S; Subsea Tech; TechnipFMC PLC; Tetra Technologies, Inc.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Offshore Decommissioning Competitor Market Share Scenario
Worldwide (in %): 2019 & 2025
Introduction
Offshore development Expenditure by Activity
Major Markets for Decommissioning Services
Gulf of Mexico Represents a Major Decommissioning Market
North Sea - In the Spotlight
Offshore Decommissioning Spend by Region/Country: 2010-2037
Emerging Markets with Strong Prospects for Decommissioning: 2018
Industry Realizes the Need for Greater Collaboration to Address
Challenges
A Look into Challenges Confronted
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Decommissioning Enters Deeper Waters
Technology Developments in Decommissioning
Automation Emerges as a Cost Effective Alternative to
Decommissioning
Extending Asset Life Emerges as an Effective Alternative
Industry Focus Grows on Cutting Decommissioning Costs
4. GLOBAL MARKET PERSPECTIVE
Table 1: Offshore Decommissioning Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 2: Offshore Decommissioning Global Retrospective Market
Scenario in US$ Million by Region/Country: 2009-2017
Table 3: Offshore Decommissioning Market Share Shift across Key
Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Project Management, Engineering, and Planning
(Service) World Market by Region/Country in US$ Million: 2018
to 2025
Table 5: Project Management, Engineering, and Planning
(Service) Historic Market Analysis by Region/Country in US$
Million: 2009 to 2017
Table 6: Project Management, Engineering, and Planning
(Service) Market Share Breakdown of Worldwide Sales by
Region/Country: 2009 VS 2019 VS 2025
Table 7: Permitting and Regulatory Compliance (Service)
Potential Growth Markets Worldwide in US$ Million: 2018 to 2025
Table 8: Permitting and Regulatory Compliance (Service)
Historic Market Perspective by Region/Country in US$ Million:
2009 to 2017
Table 9: Permitting and Regulatory Compliance (Service) Market
Sales Breakdown by Region/Country in Percentage: 2009 VS 2019
VS 2025
Table 10: Platform Preparation (Service) Geographic Market
Spread Worldwide in US$ Million: 2018 to 2025
Table 11: Platform Preparation (Service) Region Wise Breakdown
of Global Historic Demand in US$ Million: 2009 to 2017
Table 12: Platform Preparation (Service) Market Share
Distribution in Percentage by Region/Country: 2009 VS 2019 VS
2025
Table 13: Well Plugging and Abandonment (Service) World Market
Estimates and Forecasts by Region/Country in US$ Million: 2018
to 2025
Table 14: Well Plugging and Abandonment (Service) Market
Historic Review by Region/Country in US$ Million: 2009 to 2017
Table 15: Well Plugging and Abandonment (Service) Market Share
Breakdown by Region/Country: 2009 VS 2019 VS 2025
Table 16: Conductor Removal (Service) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 17: Conductor Removal (Service) Historic Market Analysis
by Region/Country in US$ Million: 2009 to 2017
Table 18: Conductor Removal (Service) Market Share Distribution
in Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 19: Mobilization and Demobilization of Derrick Barges
(Service) World Market Estimates and Forecasts in US$ Million
by Region/Country: 2018 to 2025
Table 20: Mobilization and Demobilization of Derrick Barges
(Service) Market Worldwide Historic Review by Region/Country in
US$ Million: 2009 to 2017
Table 21: Mobilization and Demobilization of Derrick Barges
(Service) Market Percentage Share Distribution by
Region/Country: 2009 VS 2019 VS 2025
Table 22: Platform Removal (Service) Market Opportunity
Analysis Worldwide in US$ Million by Region/Country: 2018 to
2025
Table 23: Platform Removal (Service) Global Historic Demand in
US$ Million by Region/Country: 2009 to 2017
Table 24: Platform Removal (Service) Market Share Distribution
in Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 25: Pipeline and Power Cable Decommissioning (Service)
World Market by Region/Country in US$ Million: 2018 to 2025
Table 26: Pipeline and Power Cable Decommissioning (Service)
Historic Market Analysis by Region/Country in US$ Million: 2009
to 2017
Table 27: Pipeline and Power Cable Decommissioning (Service)
Market Share Breakdown of Worldwide Sales by Region/Country:
2009 VS 2019 VS 2025
Table 28: Material Disposal (Service) Potential Growth Markets
Worldwide in US$ Million: 2018 to 2025
Table 29: Material Disposal (Service) Historic Market
Perspective by Region/Country in US$ Million: 2009 to 2017
Table 30: Material Disposal (Service) Market Sales Breakdown by
Region/Country in Percentage: 2009 VS 2019 VS 2025
Table 31: Site Clearance (Service) Geographic Market Spread
Worldwide in US$ Million: 2018 to 2025
Table 32: Site Clearance (Service) Region Wise Breakdown of
Global Historic Demand in US$ Million: 2009 to 2017
Table 33: Site Clearance (Service) Market Share Distribution in
Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 34: Topsides (Structure) World Market Estimates and
Forecasts by Region/Country in US$ Million: 2018 to 2025
Table 35: Topsides (Structure) Market Historic Review by
Region/Country in US$ Million: 2009 to 2017
Table 36: Topsides (Structure) Market Share Breakdown by
Region/Country: 2009 VS 2019 VS 2025
Table 37: Substructure (Structure) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 38: Substructure (Structure) Historic Market Analysis by
Region/Country in US$ Million: 2009 to 2017
Table 39: Substructure (Structure) Market Share Distribution in
Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 40: Subsea Infrastructure (Structure) World Market
Estimates and Forecasts in US$ Million by Region/Country: 2018
to 2025
Table 41: Subsea Infrastructure (Structure) Market Worldwide
Historic Review by Region/Country in US$ Million: 2009 to 2017
Table 42: Subsea Infrastructure (Structure) Market Percentage
Share Distribution by Region/Country: 2009 VS 2019 VS 2025
Table 43: Shallow Water (Depth) Market Opportunity Analysis
Worldwide in US$ Million by Region/Country: 2018 to 2025
Table 44: Shallow Water (Depth) Global Historic Demand in US$
Million by Region/Country: 2009 to 2017
Table 45: Shallow Water (Depth) Market Share Distribution in
Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 46: Deepwater (Depth) World Market by Region/Country in
US$ Million: 2018 to 2025
Table 47: Deepwater (Depth) Historic Market Analysis by
Region/Country in US$ Million: 2009 to 2017
Table 48: Deepwater (Depth) Market Share Breakdown of Worldwide
Sales by Region/Country: 2009 VS 2019 VS 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Offshore Decommissioning Market Share (in %) by Company:
2019 & 2025
Table 49: United States Offshore Decommissioning Market
Estimates and Projections in US$ Million by Service: 2018 to
2025
Table 50: Offshore Decommissioning Market in the United States
by Service: A Historic Review in US$ Million for 2009-2017
Table 51: United States Offshore Decommissioning Market Share
Breakdown by Service: 2009 VS 2019 VS 2025
Table 52: United States Offshore Decommissioning Market
Estimates and Projections in US$ Million by Structure: 2018 to
2025
Table 53: Offshore Decommissioning Market in the United States
by Structure: A Historic Review in US$ Million for 2009-2017
Table 54: United States Offshore Decommissioning Market Share
Breakdown by Structure: 2009 VS 2019 VS 2025
Table 55: United States Offshore Decommissioning Market
Estimates and Projections in US$ Million by Depth: 2018 to 2025
Table 56: Offshore Decommissioning Market in the United States
by Depth: A Historic Review in US$ Million for 2009-2017
Table 57: United States Offshore Decommissioning Market Share
Breakdown by Depth: 2009 VS 2019 VS 2025
CANADA
Table 58: Canadian Offshore Decommissioning Market Estimates
and Forecasts in US$ Million by Service: 2018 to 2025
Table 59: Canadian Offshore Decommissioning Historic Market
Review by Service in US$ Million: 2009-2017
Table 60: Offshore Decommissioning Market in Canada: Percentage
Share Breakdown of Sales by Service for 2009, 2019, and 2025
Table 61: Canadian Offshore Decommissioning Market Estimates
and Forecasts in US$ Million by Structure: 2018 to 2025
Table 62: Canadian Offshore Decommissioning Historic Market
Review by Structure in US$ Million: 2009-2017
Table 63: Offshore Decommissioning Market in Canada: Percentage
Share Breakdown of Sales by Structure for 2009, 2019, and 2025
Table 64: Canadian Offshore Decommissioning Market Estimates
and Forecasts in US$ Million by Depth: 2018 to 2025
Table 65: Canadian Offshore Decommissioning Historic Market
Review by Depth in US$ Million: 2009-2017
Table 66: Offshore Decommissioning Market in Canada: Percentage
Share Breakdown of Sales by Depth for 2009, 2019, and 2025
JAPAN
Table 67: Japanese Market for Offshore Decommissioning: Annual
Sales Estimates and Projections in US$ Million by Service for
the Period 2018-2025
Table 68: Offshore Decommissioning Market in Japan: Historic
Sales Analysis in US$ Million by Service for the Period
2009-2017
Table 69: Japanese Offshore Decommissioning Market Share
Analysis by Service: 2009 VS 2019 VS 2025
Table 70: Japanese Market for Offshore Decommissioning: Annual
Sales Estimates and Projections in US$ Million by Structure for
the Period 2018-2025
Table 71: Offshore Decommissioning Market in Japan: Historic
Sales Analysis in US$ Million by Structure for the Period
2009-2017
Table 72: Japanese Offshore Decommissioning Market Share
Analysis by Structure: 2009 VS 2019 VS 2025
Table 73: Japanese Market for Offshore Decommissioning: Annual
Sales Estimates and Projections in US$ Million by Depth for the
Period 2018-2025
Table 74: Offshore Decommissioning Market in Japan: Historic
Sales Analysis in US$ Million by Depth for the Period 2009-2017
Table 75: Japanese Offshore Decommissioning Market Share
Analysis by Depth: 2009 VS 2019 VS 2025
CHINA
Table 76: Chinese Offshore Decommissioning Market Growth
Prospects in US$ Million by Service for the Period 2018-2025
Table 77: Offshore Decommissioning Historic Market Analysis in
China in US$ Million by Service: 2009-2017
Table 78: Chinese Offshore Decommissioning Market by Service:
Percentage Breakdown of Sales for 2009, 2019, and 2025
Table 79: Chinese Offshore Decommissioning Market Growth
Prospects in US$ Million by Structure for the Period 2018-2025
Table 80: Offshore Decommissioning Historic Market Analysis in
China in US$ Million by Structure: 2009-2017
Table 81: Chinese Offshore Decommissioning Market by Structure:
Percentage Breakdown of Sales for 2009, 2019, and 2025
Table 82: Chinese Offshore Decommissioning Market Growth
Prospects in US$ Million by Depth for the Period 2018-2025
Table 83: Offshore Decommissioning Historic Market Analysis in
China in US$ Million by Depth: 2009-2017
Table 84: Chinese Offshore Decommissioning Market by Depth:
Percentage Breakdown of Sales for 2009, 2019, and 2025
EUROPE
Market Facts & Figures
European Offshore Decommissioning Market: Competitor Market
Share Scenario (in %) for 2019 & 2025
Table 85: European Offshore Decommissioning Market Demand
Scenario in US$ Million by Region/Country: 2018-2025
Table 86: Offshore Decommissioning Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2009-2017
Table 87: European Offshore Decommissioning Market Share Shift
by Region/Country: 2009 VS 2019 VS 2025
Table 88: European Offshore Decommissioning Market Estimates
and Forecasts in US$ Million by Service: 2018-2025
Table 89: Offshore Decommissioning Market in Europe in US$
Million by Service: A Historic Review for the Period 2009-2017
Table 90: European Offshore Decommissioning Market Share
Breakdown by Service: 2009 VS 2019 VS 2025
Table 91: European Offshore Decommissioning Market Estimates
and Forecasts in US$ Million by Structure: 2018-2025
Table 92: Offshore Decommissioning Market in Europe in US$
Million by Structure: A Historic Review for the Period
2009-2017
Table 93: European Offshore Decommissioning Market Share
Breakdown by Structure: 2009 VS 2019 VS 2025
Table 94: European Offshore Decommissioning Market Estimates
and Forecasts in US$ Million by Depth: 2018-2025
Table 95: Offshore Decommissioning Market in Europe in US$
Million by Depth: A Historic Review for the Period 2009-2017
Table 96: European Offshore Decommissioning Market Share
Breakdown by Depth: 2009 VS 2019 VS 2025
FRANCE
Table 97: Offshore Decommissioning Market in France by Service:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 98: French Offshore Decommissioning Historic Market
Scenario in US$ Million by Service: 2009-2017
Table 99: French Offshore Decommissioning Market Share Analysis
by Service: 2009 VS 2019 VS 2025
Table 100: Offshore Decommissioning Market in France by
Structure: Estimates and Projections in US$ Million for the
Period 2018-2025
Table 101: French Offshore Decommissioning Historic Market
Scenario in US$ Million by Structure: 2009-2017
Table 102: French Offshore Decommissioning Market Share
Analysis by Structure: 2009 VS 2019 VS 2025
Table 103: Offshore Decommissioning Market in France by Depth:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 104: French Offshore Decommissioning Historic Market
Scenario in US$ Million by Depth: 2009-2017
Table 105: French Offshore Decommissioning Market Share
Analysis by Depth: 2009 VS 2019 VS 2025
GERMANY
Table 106: Offshore Decommissioning Market in Germany: Recent
Past, Current and Future Analysis in US$ Million by Service for
the Period 2018-2025
Table 107: German Offshore Decommissioning Historic Market
Analysis in US$ Million by Service: 2009-2017
Table 108: German Offshore Decommissioning Market Share
Breakdown by Service: 2009 VS 2019 VS 2025
Table 109: Offshore Decommissioning Market in Germany: Recent
Past, Current and Future Analysis in US$ Million by Structure
for the Period 2018-2025
Table 110: German Offshore Decommissioning Historic Market
Analysis in US$ Million by Structure: 2009-2017
Table 111: German Offshore Decommissioning Market Share
Breakdown by Structure: 2009 VS 2019 VS 2025
Table 112: Offshore Decommissioning Market in Germany: Recent
Past, Current and Future Analysis in US$ Million by Depth for
the Period 2018-2025
Table 113: German Offshore Decommissioning Historic Market
Analysis in US$ Million by Depth: 2009-2017
Table 114: German Offshore Decommissioning Market Share
Breakdown by Depth: 2009 VS 2019 VS 2025
ITALY
Table 115: Italian Offshore Decommissioning Market Growth
Prospects in US$ Million by Service for the Period 2018-2025
Table 116: Offshore Decommissioning Historic Market Analysis in
Italy in US$ Million by Service: 2009-2017
Table 117: Italian Offshore Decommissioning Market by Service:
Percentage Breakdown of Sales for 2009, 2019, and 2025
Table 118: Italian Offshore Decommissioning Market Growth
Prospects in US$ Million by Structure for the Period 2018-2025
Table 119: Offshore Decommissioning Historic Market Analysis in
Italy in US$ Million by Structure: 2009-2017
Table 120: Italian Offshore Decommissioning Market by
Structure: Percentage Breakdown of Sales for 2009, 2019, and
2025
Table 121: Italian Offshore Decommissioning Market Growth
Prospects in US$ Million by Depth for the Period 2018-2025
Table 122: Offshore Decommissioning Historic Market Analysis in
Italy in US$ Million by Depth: 2009-2017
Table 123: Italian Offshore Decommissioning Market by Depth:
Percentage Breakdown of Sales for 2009, 2019, and 2025
UNITED KINGDOM
Leading Market for Decommissioning Expenditure
Number of Wells Decommissioned in the UK: 1990-2020
Wind Farm Decommissioning
Decommissioning Expenditure in the UK by Service Type (2018 &
2025)
Well Decommissioning in the UK by Service Type (2018 & 2025)
Table 124: United Kingdom Market for Offshore Decommissioning:
Annual Sales Estimates and Projections in US$ Million by
Service for the Period 2018-2025
Table 125: Offshore Decommissioning Market in the United
Kingdom: Historic Sales Analysis in US$ Million by Service for
the Period 2009-2017
Table 126: United Kingdom Offshore Decommissioning Market Share
Analysis by Service: 2009 VS 2019 VS 2025
Table 127: United Kingdom Market for Offshore Decommissioning:
Annual Sales Estimates and Projections in US$ Million by
Structure for the Period 2018-2025
Table 128: Offshore Decommissioning Market in the United
Kingdom: Historic Sales Analysis in US$ Million by Structure
for the Period 2009-2017
Table 129: United Kingdom Offshore Decommissioning Market Share
Analysis by Structure: 2009 VS 2019 VS 2025
Table 130: United Kingdom Market for Offshore Decommissioning:
Annual Sales Estimates and Projections in US$ Million by Depth
for the Period 2018-2025
Table 131: Offshore Decommissioning Market in the United
Kingdom: Historic Sales Analysis in US$ Million by Depth for
the Period 2009-2017
Table 132: United Kingdom Offshore Decommissioning Market Share
Analysis by Depth: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 133: Rest of Europe Offshore Decommissioning Market
Estimates and Forecasts in US$ Million by Service: 2018-2025
Table 134: Offshore Decommissioning Market in Rest of Europe in
US$ Million by Service: A Historic Review for the Period
2009-2017
Table 135: Rest of Europe Offshore Decommissioning Market Share
Breakdown by Service: 2009 VS 2019 VS 2025
Table 136: Rest of Europe Offshore Decommissioning Market
Estimates and Forecasts in US$ Million by Structure: 2018-2025
Table 137: Offshore Decommissioning Market in Rest of Europe in
US$ Million by Structure: A Historic Review for the Period
2009-2017
Table 138: Rest of Europe Offshore Decommissioning Market Share
Breakdown by Structure: 2009 VS 2019 VS 2025
Table 139: Rest of Europe Offshore Decommissioning Market
Estimates and Forecasts in US$ Million by Depth: 2018-2025
Table 140: Offshore Decommissioning Market in Rest of Europe in
US$ Million by Depth: A Historic Review for the Period
2009-2017
Table 141: Rest of Europe Offshore Decommissioning Market Share
Breakdown by Depth: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 142: Offshore Decommissioning Market in Asia-Pacific by
Service: Estimates and Projections in US$ Million for the
Period 2018-2025
Table 143: Asia-Pacific Offshore Decommissioning Historic
Market Scenario in US$ Million by Service: 2009-2017
Table 144: Asia-Pacific Offshore Decommissioning Market Share
Analysis by Service: 2009 VS 2019 VS 2025
Table 145: Offshore Decommissioning Market in Asia-Pacific by
Structure: Estimates and Projections in US$ Million for the
Period 2018-2025
Table 146: Asia-Pacific Offshore Decommissioning Historic
Market Scenario in US$ Million by Structure: 2009-2017
Table 147: Asia-Pacific Offshore Decommissioning Market Share
Analysis by Structure: 2009 VS 2019 VS 2025
Table 148: Offshore Decommissioning Market in Asia-Pacific by
Depth: Estimates and Projections in US$ Million for the Period
2018-2025
Table 149: Asia-Pacific Offshore Decommissioning Historic
Market Scenario in US$ Million by Depth: 2009-2017
Table 150: Asia-Pacific Offshore Decommissioning Market Share
Analysis by Depth: 2009 VS 2019 VS 2025
REST OF WORLD
Decommissioning Opportunities in Brazil
Table 151: Rest of World Offshore Decommissioning Market
Estimates and Forecasts in US$ Million by Service: 2018 to 2025
Table 152: Rest of World Offshore Decommissioning Historic
Market Review by Service in US$ Million: 2009-2017
Table 153: Offshore Decommissioning Market in Rest of World:
Percentage Share Breakdown of Sales by Service for 2009, 2019,
and 2025
Table 154: Rest of World Offshore Decommissioning Market
Estimates and Forecasts in US$ Million by Structure: 2018 to
2025
Table 155: Rest of World Offshore Decommissioning Historic
Market Review by Structure in US$ Million: 2009-2017
Table 156: Offshore Decommissioning Market in Rest of World:
Percentage Share Breakdown of Sales by Structure for 2009,
2019, and 2025
Table 157: Rest of World Offshore Decommissioning Market
Estimates and Forecasts in US$ Million by Depth: 2018 to 2025
Table 158: Rest of World Offshore Decommissioning Historic
Market Review by Depth in US$ Million: 2009-2017
Table 159: Offshore Decommissioning Market in Rest of World:
Percentage Share Breakdown of Sales by Depth for 2009, 2019,
and 2025
IV. COMPETITION
ABLE UK LTD.
AF GRUPPEN ASA
AKER SOLUTIONS ASA
ALLSEAS GROUP S.A
AMEC FOSTER WHEELER PLC
CLAXTON ENGINEERING SERVICES, LTD.
DNV GL GROUP
DEEPOCEAN GROUP HOLDING BV.
HEEREMA MARINE CONTRACTORS
JOHN WOOD GROUP PLC
PETROFAC LIMITED
RAMBOLL GROUP A/S
SUBSEA TECH
TECHNIPFMC PLC
TETRA TECHNOLOGIES
V. CURATED RESEARCH
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