Offshore Supply Vessels Market Global Market 2018 Industrial Top Key Players, Competitive Development Analysis, Upcoming Opportunities | Industry Technological Advancement Research Report Forecast to 2023

Market Highlights:-

The global offshore support vessel market is projected to reach USD ~25.0 billion by 2023 at a CAGR of more than ~5.0% during the forecast period. Deep-water and ultra-deep water exploration activities in Middle East in Europe increased, helping the global offshore support vessel market, grow.

The main drivers of this global offshore support vessel markets are advancement of technology, rapid development in Asian countries, better trade policies, increasing regasification terminals at offshore because of growing LNG demand, and increasing investment in oil and gas and renewable sector worldwide. High operational efficiency is the main challenge that operators need to work upon. Whereas, government bodies are also revising the equipment safety regulation and increase focus on safe operation of offshore vessel.

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Industry/ Innovation/Related News:

December 25, 2017 – Norway announces the first commercial runs of unmanned vessels scheduled worldwide. The Sail Bots race similarly challenges scholarly robotic-vessel designers to North America for a bit of station-keeping, collision-avoidance and “cargo moves”. Maritime Robotics (Trondheim) builder of these unmanned surface vessels along with Seabed Geosolutions introduced the first USV for infield seismic surveys.

October 31, 2017 – OOS International (Netherlands) a global provider of high quality, cost-efficient customized offshore construction support including supply vessels announced the official new release of Offshore Insights(developed program), providing major updates to the program. The 1.0 version of this release offers users new features and an improved performance. Offshore Insights is designed to help governments, shipyards, insurance companies, environmental institutions, NOC’s, IOC’s and other users improve their operations and collaboration on projects worldwide.

Industry Top Key Player:-

The major key player in global offshore support vessel market are Maersk (Denmark), Siem Offshore AS (Norway), SEACOR Marine (U.S.), Tidewater (U.S.), GulfMark Offshore Inc. (U.S.), Havila Shipping (Norway), and Vroon B.V. (Netherlands). Swire Pacific Offshore Operations (Pte) Ltd (Singapore), Edison Chouest Offshore (U.S.), Abdon Callais Offshore LLC (U.S.), Solstad Farstad (Norway), and Bourbon Offshore (France) are among others who are highly capable to serve the best in the industry.

Worldwide Offshore Supply Vessels Market – Segments

The Global Offshore Supply Vessels Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

By Type : Comprises Anchor Handling Tug Supply, Platform Supply Vessel, Multipurpose Support Vessel, Standby & Rescue Vessel and other.

By Depth/Process : Shallow Water, Deep Water.

By Regions : North America, Europe, APAC and Rest of the World.

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Regional Analysis:

Based on region, North America is the largest market share as there are large untapped resources and a high number of rig count of ~200, followed by Asia Pacific, which includes countries such as China and India. The future seems secure for offshore support vessel as India consists more than ~200 fleet and this count is increasing as these countries are tying up with other foreign flagged vessel for fulfilment of the demand.

Target Audience

Organizations
Manufacturer
Research Institute / Education Institute
Potential Investors

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