| Product Code: ETC7543060 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s FPSO import shipments in 2024 saw a significant increase in concentration, with South Korea, Japan, Indonesia, UAE, and Bangladesh emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) in 2023 intensified further in 2024, indicating a very concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 57.57%, while the growth rate from 2023 to 2024 skyrocketed to 706.93%. These statistics reflect a dynamic and rapidly expanding market for FPSO imports in India, with key players solidifying their positions and driving robust growth.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India FPSO Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India FPSO Market Revenues & Volume, 2021 & 2031F |
3.3 India FPSO Market - Industry Life Cycle |
3.4 India FPSO Market - Porter's Five Forces |
3.5 India FPSO Market Revenues & Volume Share, By Construction, 2021 & 2031F |
3.6 India FPSO Market Revenues & Volume Share, By Wter Depth, 2021 & 2031F |
4 India FPSO Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing offshore oil and gas exploration activities in India |
4.2.2 Government initiatives to boost domestic oil and gas production |
4.2.3 Growing energy demand and focus on energy security in India |
4.3 Market Restraints |
4.3.1 High initial capital investment required for setting up FPSO infrastructure |
4.3.2 Environmental regulations and concerns related to offshore operations in India |
5 India FPSO Market Trends |
6 India FPSO Market, By Types |
6.1 India FPSO Market, By Construction |
6.1.1 Overview and Analysis |
6.1.2 India FPSO Market Revenues & Volume, By Construction, 2021- 2031F |
6.1.3 India FPSO Market Revenues & Volume, By Contractor-Owned, 2021- 2031F |
6.1.4 India FPSO Market Revenues & Volume, By Operator-Owned, 2021- 2031F |
6.2 India FPSO Market, By Wter Depth |
6.2.1 Overview and Analysis |
6.2.2 India FPSO Market Revenues & Volume, By Shallow Water, 2021- 2031F |
6.2.3 India FPSO Market Revenues & Volume, By Deep Water, 2021- 2031F |
6.2.4 India FPSO Market Revenues & Volume, By Ultra-Deep Water, 2021- 2031F |
7 India FPSO Market Import-Export Trade Statistics |
7.1 India FPSO Market Export to Major Countries |
7.2 India FPSO Market Imports from Major Countries |
8 India FPSO Market Key Performance Indicators |
8.1 Utilization rate of existing FPSO units in Indian waters |
8.2 Number of new FPSO projects awarded in India |
8.3 Average age of FPSO fleet operating in Indian waters |
9 India FPSO Market - Opportunity Assessment |
9.1 India FPSO Market Opportunity Assessment, By Construction, 2021 & 2031F |
9.2 India FPSO Market Opportunity Assessment, By Wter Depth, 2021 & 2031F |
10 India FPSO Market - Competitive Landscape |
10.1 India FPSO Market Revenue Share, By Companies, 2024 |
10.2 India FPSO Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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