Latin America Floating Production System Market is Expected to Reach $15275.4 million in 2018


Posted November 6, 2014 by micrommarket01

Latin America Floating Production System Market is Expected to Reach $15275.4 million in 2018.

 
The Latin American floating production system market report defines and segments the floating production system market in Latin America with analysis and forecast of revenue. The floating production system market in Latin America is estimated to grow from around $6112.0 million in 2013 to $15275.4 million by 2018, at a CAGR of 20.1% from 2013 to 2018.

Browse through the TOC of the Latin American floating production system market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Latin American floating production system market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/latin-america-floating-production-system-2032884518.html

The globally increasing demand for crude oil, which is the major contributor for industrialization, has increased the oil exploration activities. Presently, the increased focus on offshore exploration and production activities and the increasing number of offshore wells has raised the importance of floating production system. This system plays a dominant role at all depth of explorations. Discovery of many deep water platforms, supported by the huge investment made by global players are the important factors for the growth in this market.

Globally, Latin America is a major player in this market. The increasing offshore drilling activities supported by government and the huge investments made by different companies for ultra-deep water exploration, especially in Brazil, will drive the market in this region.

This market is segmented and forecasted based on major countries, such as Brazil, Argentina, and Mexico.
This report includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.
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Categories Business
Tags floating production , system market
Last Updated November 6, 2014