The Global Mooring Inspection Market size is expected to reach USD 468.7 Million in 2028 growing at a CAGR of 3.7% during the period from 2016-2028.



A mooring is a perennial structure to which ships, boats or any vessel is secured. Some of the examples include quays, jetties, wharves, anchors and mooring buoys. The mooring inspection market is of utmost importance considering offshore loading systems. Hence the rectitude of mooring systems is very essential to ensure lifelong service & quality.
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Mooring Inspection Market
Oil & Natural Gas industry is the biggest end-user industry regarding the mooring inspection systems. Approximately 85% of the global mooring market is covered by the oil industry. Close visual inspection (CVI) is the most used technology in mooring inspection. Mooring inspection market is being segmented in above & below water types, the divers involved in mooring inspection need to physically or visually inspect the mooring sites. Underwater mooring is somewhat dangerous since there are many moving parts. Coral reef mooring inspection for Oil & natural gas offshoring is a very important function. Franklin Offshore Pvt. Ltd. It is the biggest player in the mooring inspection market. It has a presence in all segments of the mooring inspection market.
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Key Factors Impacting Market Growth:
  • Growing Oil & Natural gas industry
  • The tremendous growth in the Asia-Pacific market
  • Growing concerns about the degradation of the water ecosystem
  • Stringent government regulations regarding water pollution
Key Developments in Mooring Inspection Market
  • In 2007, 3i invested heavily in Franklin offshore with Intermediate Capital Group providing mezzanine financing to expand in Europe.
Companies Covered: Welaptega, Oceaneering International, DeepOcean, Acteon Group, InterMoor, Deep Sea Mooring, DOF Subsea, Moffatt & Nichol, Delmar, Viking Seatech, Franklin Offshore Pvt. Ltd., and JIFMAR Offshore Services
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