Floating Production Systems Market worth $35.4 Billion by 2018

Floating Production Systems MarketFloating Production Systems Market worth $35.4 Billion by 2018 PR Newswire DALLAS, March 26, 2014 The report "Floating Production Systems Market By Types (FPSO, TLP, Spar, Barge, Others), Water Depth (Shallow, Deep, and Ultra Deep), Build (New and Converted) & Geography - Global trends and forecasts to 2018", defines and segments the global floating production systems market with an analysis and forecast of the revenue. The floating production systems market will grow from an estimated $14.9 billion in 2013 to $35.4 billion by 2018 with a CAGR of 18.9% from 2013 to 2018. Browse more than 80 market data tables with 56 figures spread through 275 pages and in-depth TOC on "Floating Production Systems Market" http://www.marketsandmarkets.com/Market-Reports/floating-production- systems-market-223871212.html Early buyers will receive 10% customization on reports. Latin America: Largest market for floating production systems Latin America holds the largest market for floating production systems with the most number of offshore exploration & production activities being carried out in Brazil. This region has also seen a rise in ultra-deep water discoveries, along with a further increase in investments from FPS operators in Latin America, thus, boosting its global position. FPSO: Biggest market by type FPSO is the single largest floating production system type used across the globe and is suitable at all depths.