Mooring Inspection Market Global Top Players, Current Trends, Future Demands and Forecast to 2027

Mooring Inspection Market was valued US$ XX Mn. in 2019 and is expected to reach US$ XX Mn. by 2027.

  1. Market Size
  • 2023 Market Value: USD 413 million
  • 2030 Forecast Value: USD 537 million
  • CAGR (2023–2030): 3.8%

Market expansion is propelled by increased offshore infrastructure development, rising investments in floating production units, and safety requirements for mooring line integrity.

  1. Overview

Mooring inspection services ensure the safety and operational efficiency of offshore assets by evaluating the structural integrity of mooring lines and associated systems. These inspections utilize techniques such as underwater visual inspection, magnetic particle inspection, ultrasonic testing, and non-destructive testing. The integration of remotely operated vehicles (ROVs), autonomous underwater vehicles (AUVs), drones, and AI-powered software has transformed the industry, offering higher accuracy and predictive maintenance capabilities.

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  1. Market Estimation & Definition

The mooring inspection market includes:

  • Inspection Types:
    • Below-water inspections
    • Above-water inspections
  • Technologies Used:
    • Close visual inspection
    • Magnetic particle inspection
    • Ultrasonic testing
    • Electromagnetic testing
    • Line dimension and tension measurement tools
  • End-use Applications:
    • Offshore oil and gas platforms
    • Floating production storage and offloading (FPSO) units
    • Floating wind farms
    • Ports and marine terminals

These services are essential to comply with international safety regulations and to ensure operational continuity in offshore environments.

  1. Market Growth Drivers & Opportunities
  • Stringent Safety Regulations: Increasing requirements for compliance and certification in offshore sectors mandate regular inspections of mooring systems.
  • Rise in Offshore Installations: Growth in deepwater oil & gas exploration and offshore wind energy projects fuels demand for robust mooring inspection solutions.
  • Technology Integration: Advanced ROVs, AUVs, and data analytics tools have improved inspection quality and reduced manual intervention.
  • Predictive Maintenance Models: Operators are investing in predictive asset management strategies to minimize downtime and optimize lifecycle costs.
  • Global Expansion of Floating Infrastructure: The rise of floating wind farms and FPSOs in emerging economies offers a significant opportunity for market growth.
  1. Segmentation Analysis

By Inspection Type:

  • Below-Water Inspection: Dominates the market with approximately 62% share, particularly important for submerged mooring components.
  • Above-Water Inspection: Complements sub-sea operations and provides quick surface-level integrity checks.

By Technology:

  • Close Visual Inspection: Accounts for over 30% of the market share, widely used in ROV-based assessments.
  • Non-Destructive Testing (NDT): Techniques like magnetic particle and ultrasonic testing are rapidly adopted for their accuracy.
  • Digital & Remote Inspection: Usage of drone imaging, sonar, and AI-powered diagnostic platforms is growing, enabling faster and safer inspections.
  1. Major Manufacturers & Service Providers
  • Acteon Group
  • InterMoor
  • DeepOcean
  • Oceaneering International
  • DOF Subsea
  • Welaptega
  • Delmar Systems
  • Vryhof Anchoring
  • Fugro
  • Bureau Veritas
  • ABS Group
  • Saipem
  • Wood PLC
  • DNV
  • Seatronics
  • JIFMAR Offshore Services
  • Ocean Installer
  • Bluewater

These companies lead in offshore inspection services, autonomous underwater inspection systems, and digital asset integrity management.

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  1. Regional Analysis
  • North America: Leads the market with the highest share due to mature offshore oil & gas industries and well-defined safety protocols.
  • Europe: A key region for offshore wind expansion and stringent regulatory oversight, driving high demand for advanced inspection solutions.
  • Asia-Pacific: Fastest-growing market with emerging offshore development in China, India, Australia, and Southeast Asia.
  • Middle East & Africa: Rising oil exploration activities and floating infrastructure projects are boosting regional market entry.
  • Latin America: Countries like Brazil are increasing investments in deepwater drilling, creating substantial inspection opportunities.
  1. Country-Level Analysis
  • United States: A mature and highly regulated market, heavily investing in ROV-based inspection services for oil platforms.
  • China: Rapid growth in offshore wind and oil exploration projects propels demand for automated mooring inspection.
  • Germany & UK: Leading European countries in offshore wind deployment, emphasizing above- and below-water inspection technologies.
  • Brazil: Deepwater pre-salt basin developments are generating strong demand for advanced mooring integrity services.
  • Australia: Expansion of LNG terminals and offshore infrastructure boosts the adoption of predictive inspection systems.
  1. COVID‑19 Impact Analysis

The COVID-19 pandemic caused temporary disruption in inspection schedules due to global lockdowns, limited site access, and shipping delays. However, the market rebounded quickly, driven by the adoption of contactless and remote inspection tools. The crisis accelerated digital transformation in the industry, with a notable shift toward autonomous, data-centric, and AI-enhanced inspection techniques.

  1. Competitor (Commutator) Analysis

Market Structure:

  • Moderately consolidated with global leaders offering integrated services and a network of regional specialists.

Key Competitive Strategies:

  • Deployment of high-precision robotic vehicles and AI diagnostics.
  • Expansion into offshore wind energy inspection contracts.
  • Partnerships with operators for long-term, full-cycle mooring integrity management.
  • Development of digital twin platforms for real-time mooring asset monitoring.

Challenges:

  • Harsh offshore environments and limited inspection windows.
  • High capital and operational costs associated with underwater robotics.
  • Need for skilled operators and data specialists.

Opportunities:

  • Predictive maintenance models.
  • Real-time monitoring systems.
  • Expansion into emerging offshore wind regions and floating LNG terminals.
  1. Key Questions Answered

Question

Answer

What is the market size?

USD 413 million in 2023

What is the projected growth?

Expected to reach USD 537 million by 2030

Which inspection type dominates?

Below-water inspections hold the largest market share

Which technology is widely adopted?

Close visual inspection and non-destructive testing methods

Who are the major players?

Acteon, Oceaneering, InterMoor, Fugro, DNV, ABS, among others

What impact did COVID-19 have?

Short-term disruption followed by increased adoption of remote and autonomous inspection tools

 

  1. Press Release Conclusion

The mooring inspection market is poised for steady, innovation-led growth as global offshore infrastructure expands and safety regulations tighten. With the increasing deployment of floating production systems, offshore wind farms, and complex mooring configurations, reliable inspection services are becoming essential. By 2030, the market is set to cross USD 537 million in value, with strong opportunities in autonomous inspection, AI-enabled diagnostics, and predictive maintenance platforms. Companies investing in smart technologies, integrated service models, and region-specific expansion strategies are best positioned to lead this evolving industry.

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