Offshore Decommissioning Market Size to Surpass US $ 8.3 Billion by 2029 | 280 Pages

Rahul Gadve
6 min readOct 18, 2023

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Global Offshore Decommissioning Market Research Report 2023 begins with an overview of the Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation and prices as well as global predominant vendor’s information. The forecast market information, SWOT analysis, Offshore Decommissioning Market scenario, and feasibility study are the vital aspects analysed in this report.

Offshore Decommissioning Market report covers extensive analysis of the key market players, along with their business overview, expansion plans, and strategies. The key players studied in the report include: Heerema Marine Contractors, Royal Boskalis Westminster N.V., Petrofac, Oceaneering International, Baker Hughes Company, Halliburton, and Schlumberger.

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Some Questions And Answers

How big is the Offshore Decommissioning Market?

The global Offshore Decommissioning Market size was valued at US $ 4.8 Billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2029.

Which region will lead the global Offshore Decommissioning Market?

Europe region will lead the global Offshore Decommissioning Market during the forecast period 2023 to 2029.

What is the future of Offshore Decommissioning Market?

The market globally is forecast to reach US $ 8.3 Billion by 2028 according to Exactitude Consultancy.

Regional Coverage:

The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:

North America (the USA, Canada, and Mexico)

Europe (Germany, France, the United Kingdom, Belgium, the Netherlands, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and Others)

South America (Brazil, Argentina, Colombia, Others)

MEA (Saudi Arabia, United Arab Emirates (UAE), Israel, Egypt, Turkey, South Africa & Rest of MEA)

Note: Get customized in the list of countries, add-on segmentation, or get players added matching your business objectives; customization is subject to approval and feasibility. Please share your requirements and our executives will get in touch with you.

Our Sample Report Includes:

  • 100+ Pages Research Report (Inclusion of Updated Research)
  • 2023 Updated Report Introduction, Overview, and In-depth industry analysis
  • 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of table & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology
  • Provide Chapter-wise guidance on Request

In-depth industry statistics and market share insights of the Offshore Decommissioning Market sector for 2020, 2021, and 2022. The market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2029. Available to Download is a Free Sample File of the Market Report PDF

Segments Covered in the Report

(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)

By Service Type

  • Well Plugging & Abandonment
  • Platform Removal
  • Conductor Removal

By Depth

  • Shallow Water
  • Deep Water

By Structure

  • Topside
  • Substructure

By Removal

  • Leave In Place
  • Partial
  • Complete

Scope of this Report:

The objective of this report is to deliver a detailed overview of the worldwide market, incorporating both quantitative and qualitative analysis. Its purpose is to aid readers in formulating business and growth strategies, evaluating the competitive landscape, examining their current market position, and making informed decisions related to Offshore Decommissioning Market.

This report presents estimates and projections of the sales volume and revenue of the market, with 2029 as the baseline year and historical and forecast data spanning from 2023 to 2029. The global Offshore Decommissioning Market is segmented in a comprehensive manner, with regional market sizes provided for different product types, applications, and players. Furthermore, the impact of the COVID-19 pandemic and the Russia-Ukraine War was taken into account when estimating Offshore Decommissioning Market sizes.

To enhance comprehension of the market, this report offers profiles of the competitive landscape, key competitors, and their market rankings. Additionally, it examines technological trends and recent product advancements.

This report provides manufacturers, new market entrants, and industry chain-related companies with valuable insights into the revenues, sales volume, and average prices of the overall market and its sub-segments, categorized by company, product type, application, and region.

Exactitude Consultancy follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, Offshore Decommissioning Market trends, etc.

Secondary data sources that we refer to:

  • SEC filings, investor presentations, Annual reports, and press releases of companies operating in the Offshore Decommissioning Market
  • Studies published by credible sources such as government organizations, global organizations (World Semiconductor Trade Statistics, Eurostat, EU Database, GITMA, WITSA, ISACA, NASSCOM, IEEE), relevant associations (Semiconductor Industry Association, International Telecommunications Society, International Telecommunication Union, Global Mobile Association), ResearchGate, etc.
  • Credit Rating Agencies (Standard & Poor’s (S&P), Moody’s, and Fitch Group, ICRA, CRISIL’s ), Global Consulting and research firms (Ernst & Young, Deloitte & Touche, Arthur Andersen, KPMG, PricewaterhouseCoopers, Analysys Mason etc.)
  • Paid Secondary Databases (The Dun & Bradstreet Corporation, IDC and Bloomberg etc.)

Secondary Research Is Conducted to Derive the Following Information:

  • Details such as Offshore Decommissioning Market share, revenues, strategies, growth rate, product & their pricing by region/country for all major companies
  • Details in relation to product type, application, distribution channel, business strategies, etc.
  • Estimating demand of end user by region/country and average IT spending on procuring different product type and services
  • Offshore Decommissioning Market dynamics in relation market under focus — Drivers, restraints, opportunities and trends
  • Market & technological trends, product pipeline, new product developments, etc.

Major Table of Content:

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

4. Market Background and Foundation Data Points

4.1. Global Offshore Decommissioning Market (US$ Mn)

4.2. Offshore Decommissioning Market Opportunity Assessment (US$ Mn)

4.3. Market Scenario Forecast

4.4. Investment Feasibility Analysis

4.5. Forecast Factors — Relevance & Impact

4.6. Market Dynamics

5. Key Success Factors

6. Global Offshore Decommissioning Market Demand Analysis 2018–2022 and forecast, 2022–2029

7. Global Offshore Decommissioning Market Value Analysis 2018–2022 and forecast, 2022–2029

8. Global Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029, By Technology

9. Global Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029, By End UseGlobal Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029, By Region

10. North America Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029

11. Latin America Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029

12. Europe Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029

13. Asia Pacific Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029

14. Middle East and Africa Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029

15. Key Countries Offshore Decommissioning Market Analysis 2018–2022 and Forecast 2022–2029

16. Market Structure Analysis

17. Competition Analysis

18. Assumptions and Acronyms Used

19. Research Methodology

TOC Continued…!

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