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A recent market research report published by Transparency Market Research gives a thorough analytical account of the present state of the global FPSO market and forecasts the future growth prospects of key market segments over the period between 2015 and 2021.The report, titled “FPSO Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2021,” states that the market will expand at an exponential CAGR of 16.2% between 2015 and 2021, and rise to a valuation of US$43.4 bn by 2021, from US$15.9 bn in 2014. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3656 Floating, production, storage, and offloading (FPSO) vessels are used for extracting or receiving raw hydrocarbons from sea beds, which are then processed in onboard processing facilities. These vessels are a part of floating production systems and are also equipped with temporary onboard storage facilities. As the installation of fixed processing and production facilities in remote oil and gas production areas is technically complex and costly, the demand for FPSOs, which exclude the need for fixed processing facilities, has seen a significant rise in the past few years. The rise in demand corresponds to the global rise in oil and gas production activities from remote locations (deepwater and ultra-deepwater). The report segments the global FPSO market on the basis of type, water depth, and geography. On the basis of type, the market has been segmented...

With a host of natural gas producers and suppliers presently operating and an increased number of companies planning to invest more in the sector, the global large-scale LNG terminals market is expected to witness intense competition in the next few years, points a report by TMR. Rising production volumes and significant decline in prices of natural gas have further heightened the bargaining power of buyers in the global market in the past few years. The market features intense competition but also presents sustainable growth opportunities. The vast surge in the global consumption of LNG, primarily owing to its environmental benefits, has stimulated major oil and gas producers in venturing in the large-scale LNG terminals market in the past few years. Some of the key vendors operating in the highly fragmented market are Petroliam Nasional Berhad (PETRONAS), Exxon Mobil Corporation, Royal Dutch Shell plc., Linde AG, ConocoPhillips Company, and Nippon Gas Co. Ltd. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8668 Environmental Benefits of LNG to Encourage Consumption The increased demand for LNG across the globe, and thus the need for development of small- and large-scale LNG terminals, can be majorly attributed to the environmental benefits of LNG over other fuels. LNG possesses excellent replacement potential and can be used as a cleaner as well as a much economic fuel across sectors such as industrial, automobile, and commercial. With the demand for...

The global market for base metal mining is characterized by a markedly high level of consolidation, with Glencore Plc. solely accounting for over 68% of the global market in 2014, states a report by Transparency Market Research. Other major vendors in the market, comprising BHP Billiton Limited, Freeport-McMoRan, Inc., Antofagasta PLC, CODELCO, and Alcoa Inc., cumulatively accounted for nearly 18% of the market in the same year. The market features a low degree of competition but has high exit barriers for manufacturers owing to investment and contract commitments. The capital intensive nature of base metal mining facilities has mitigated the threat of new entrants to a substantial degree, reason why only a few companies hold a majority of share of the market. Acquiring major mining companies in emerging economies can help companies in the base metal mining market achieve substantial traction and expansion across these regions, which are among the most promising investment hubs for the base metal industry.. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4629 Infrastructure Development Activities to be Key Enabler of Growth Global estimates entail that nearly 40% of the world economy is directly or indirectly affected by the mining industry. Consistent supply of base metals such as copper, zinc, nickel, aluminum, and tin is central to the development of sectors such as infrastructure, construction, manufacturing, transportation, equipment, and utilities. Flourishing growth across these sectors in the...

Due to a limited number of manufacturers of subsea boosting systems, the degree of competition in the global subsea boosting systems market is expected to substantially increase, reports Transparency Market Research (TMR) in a new study. The leading manufacturers of subsea boosting systems are focusing on pricing strategies to attract consumers and maintain their leading position in the industry. The top three companies, FMC Technologies, OneSubsea, and GE Oil & Gas, together accounted for approximately 78% of the global subsea boosting market in 2014. The increasing need for enhancing oil and gas production has opened up new opportunities for manufacturers of subsea boosting systems due to their extensive use in oil and gas drilling from deep and ultra-deep-water locations. The continuous investments being made in projects to discover new offshore oil and gas drilling opportunities has augmented the demand subsea boosting systems. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5378 Increasing Need to Extract Oil and Gas from Mature Reservoirs to Boost Sales of Subsea Boosting Systems According to TMR analysts, the rising demand for fossil fuels has led to an increase in shallow water and onshore E&P activities for oil and gas reservoirs. Due to the increasing E&P activities, the reserves of oil and gas have depleted leading to a decrease in the production from mature reservoirs, such as low pressure oil fields. As subsea boosting systems help in the...

The increasingly dynamic operating environment with the integration of renewable and distributed power resources in conventional grid infrastructure will have a major impact on the future development of the global power transmission towers and cables market, states a recent report by Transparency Market Research (TMR). The vast number of companies operating in the highly fragmented marketplace will benefit from the rising demand for upgradation of old or technologically outdated grid infrastructures. Asia Pacific is home to some of the largest vendors in the power transmission towers and cables market, including Sumitomo Electric Industries Ltd., KEC International Ltd., ShanDong DingChang Tower Co. Ltd., Nanjing Daji Iron Tower Manufacturing Co. Ltd., Zhejiang Shengda Steel Tower Co. Ltd., and Kalpataru Power Transmission Ltd. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8965 Mounting Demand for Electricity to Lead to Expansion of Grid Networks Uninterrupted and high quality electricity supply being central to several developments in today’s increasingly digitized world, the vast rise in the global demand for electricity forms the backbone of the global power transmission towers and cables market. In addition to this factor, rapid industrialization and urbanization will be the major factors encouraging developments in the market in the next few years. The need to adapt to the dynamically changing grid infrastructures, owing to the rising integration of renewable power sources in conventional grids, and dynamically changing load profiles will lead to technological...