The global bow loading system market is expected to show a robust growth with an impressive CAGR in the forecast years 2022-2026, on account of surging demand for crude oil. Increasing dependency on the offshore reservoir for the oil demand is further driving the growth of the global bow loading system market in the upcoming five years.

Bow loading systems are oil transferring equipment that provide efficient methods of loading oil from the offshore storage tankers, or oil loading tankers and offloading tankers. These systems are necessary to be compatible with the offloading tanker or storage tankers such that single point mooring can be connected and transferring of the oil can be done without any loss or spillage in the sea, or ocean. The bow loading systems are actively utilized in shuttle tankers to procure crude oil from cargo terminals, buoys, floating production unit, and floating storage units.

Increasing Oil Demand Drives Market Growth

Demand for oil and gas is rapidly increasing in end user industries such as automotive industry, and machinery function sector, which is driving the growth of the global bow loading system market. Moreover, increasing offshore excavation of oil wells is further supporting the growth of the global bow loading system market in the next five years. Expanding oil and gas industry is further substantiating the growth of the global bow loading system market in the forecast years. Bow loading systems are utilized for efficient transferring of oil from offshore storage to the shuttle tankers. Increasing demand from the industry is driving more excavation of oil and thus increasing demand for bow loading systems for the transfer without causing any spillage and thus supporting the growth of the global bow loading system market in the next five years.

Exhausting Onshore Rigs Support Market Growth

Oil consumption has multiplied in the recent years. Onshore rigs are rapidly getting exhausted in the past few years. Thus, the demand for oil is being fulfilled by offshore and deep-water oil rigs. Transferring of oil from those reservoirs to the shore such that they can be transported to the demanding regions, is further substantiating the growth of the global bow loading system market. Also, number of offshore rigs are rapidly increasing. Globally, more than 170 offshore oil rigs are functional. Bow loading systems are required to transfer and transport oil from these rigs to the onshore distribution channels.

Concerns Regarding Oil Spillage Influences Market Growth

Instances of oil spillage in the water bodies like sea, and ocean are hazardous. The layer of oil that spills on the sea water obstructs air and sunlight in the water bodies. The marine life gets affected. of oil costs huge financial losses to the excavator too and causes severe harm to the environment. Death of marine life affects the lifecycle of the plants, animals, as well as humans. Contamination of water leads to scarcity of water and disrupts environmental balance. 


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Market Segmentation

The global bow loading system market is segmented on the basis of type, facility, component, competitional landscape, and regional distribution. Based on type, the market is further fragmented into hose-handling system, and hawser-handling system. On the basis of facility, the market is bifurcated into floating storage and offloading vessels & oil loading tankers. Based on component, the market is again segmented into coupler, hose winch, chain stopper, bow roller, bow door, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European & CIS region, South American region, and Middle East & African region.

Company Profiles

National Oilwell Varco, MacGregor, Aker Solutions, ABS Group, OneSubSea Company, are among the major market players in the global platform that lead the market growth of the global bow loading system market. The market players are actively investing in the research and technological advancement in the product designing to decrease the cost of production.

Attribute

Details

Base Year

2020

Historical Years

2016 – 2019

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million, and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Facility

·         Component

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States, Mexico, Canada, China, India, Japan, South Korea, Malaysia, Singapore, Australia, Germany, France, United Kingdom, Spain, Italy, Poland, Denmark, South Africa, UAE, Saudi Arabia, Iraq, Turkey, Brazil, Argentina, Colombia, Peru, Chile

Key Companies Profiled

National Oilwell Varco, MacGregor, Aker Solutions, ABS Group, OneSubSea Company

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global bow loading system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Bow Loading System Market, By Type:
    • Hose-Handling System
    • Hawser-Handling System
  • Bow Loading System Market, By Facility:
    • Floating Storage and Offloading Vessels
    • Oil Loading Tankers
  • Bow Loading System Market, By Component:
    • Coupler
    • Hose Winch
    • Chain Stopper
    • Bow Roller
    • Bow Door
    • Others
  • Bow Loading System Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Poland
      • Denmark
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Malaysia
      • Australia
      • Singapore
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iraq
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global bow loading system market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Bow Loading System Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting a Supplier

5.3.  Customer Satisfaction Level

5.4.  Major Challenges Faced

6.    Global Bow Loading System Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Hose-Handling System, Hawser-Handling System)

6.2.2.     By Facility (Floating Storage and Offloading Vessels & Oil Loading Tankers)

6.2.3.     By Component (Coupler, Hose Winch, Chain Stopper, Bow Roller, Bow Door, Others)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Product Market Map

7.    North America Bow Loading System Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Facility

7.2.3.     By Component

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Bow Loading System Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Facility

7.3.1.2.3.             By Component

7.3.2.     Canada Bow Loading System Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Facility

7.3.2.2.3.             By Component

7.3.3.     Mexico Bow Loading System Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Facility

7.3.3.2.3.             By Component

8.    Asia-Pacific Bow Loading System Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Facility

8.2.3.     By Component

8.2.4.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Bow Loading System Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Facility

8.3.1.2.3.             By Component

8.3.2.     India Bow Loading System Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Facility

8.3.2.2.3.             By Component

8.3.3.     Japan Bow Loading System Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Facility

8.3.3.2.3.             By Component

8.3.4.     South Korea Bow Loading System Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Facility

8.3.4.2.3.             By Component

8.3.5.     Australia Bow Loading System Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Facility

8.3.5.2.3.             By Component

8.3.6.     Singapore Bow Loading System Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Type

8.3.6.2.2.             By Facility

8.3.6.2.3.             By Component

8.3.7.     Malaysia Bow Loading System Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Type

8.3.7.2.2.             By Facility

8.3.7.2.3.             By Component

9.    Europe Bow Loading System Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Facility

9.2.3.     By Component

9.2.4.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Bow Loading System Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Facility

9.3.1.2.3.             By Component

9.3.2.     United Kingdom Bow Loading System Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Facility

9.3.2.2.3.             By Component

9.3.3.     France Bow Loading System Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Facility

9.3.3.2.3.             By Component

9.3.4.     Italy Bow Loading System Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By Facility

9.3.4.2.3.             By Component

9.3.5.     Spain Bow Loading System Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Type

9.3.5.2.2.             By Facility

9.3.5.2.3.             By Component

9.3.6.     Poland Bow Loading System Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Type

9.3.6.2.2.             By Facility

9.3.6.2.3.             By Component

9.3.7.     Denmark Bow Loading System Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Type

9.3.7.2.2.             By Facility

9.3.7.2.3.             By Component

10.  South America Bow Loading System Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Facility

10.2.3.  By Component

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Bow Loading System Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Facility

10.3.1.2.3.           By Component

10.3.2.  Argentina Bow Loading System Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Facility

10.3.2.2.3.           By Component

10.3.3.  Colombia Bow Loading System Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Facility

10.3.3.2.3.           By Component

10.3.4.  Peru Bow Loading System Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Type

10.3.4.2.2.           By Facility

10.3.4.2.3.           By Component

10.3.5.  Chile Bow Loading System Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Type

10.3.5.2.2.           By Facility

10.3.5.2.3.           By Component

11.  Middle East & Africa Bow Loading System Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Facility

11.2.3.  By Component

11.2.4.  By Country

11.3.              Middle East & Africa: Country Analysis

11.3.1.  Saudi Arabia Bow Loading System Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Facility

11.3.1.2.3.           By Component

11.3.2.  South Africa Bow Loading System Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Facility

11.3.2.2.3.           By Component

11.3.3.  UAE Bow Loading System Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Facility

11.3.3.2.3.           By Component

11.3.4.  Iraq Bow Loading System Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Type

11.3.4.2.2.           By Facility

11.3.4.2.3.           By Component

11.3.5.  Turkey Bow Loading System Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Type

11.3.5.2.2.           By Facility

11.3.5.2.3.           By Component

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Company Profiles

14.1.  National Oilwell Varco

14.2.  MacGregor

14.3.  Aker Solutions

14.4.  ABS Group

14.5.  OneSubSea Company

15.  Strategic Recommendations

16 . About Us & Disclaimer

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