Global Offshore Support Vessel Services Market a CAGR of 8.9% from 2018-2026 to touch a valuation of US$ 22,746.7 Mn by the end of 2026

Press Release – 03 Jan 2019
Research and Development News --
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Latest Update "Global Market Study on Offshore Support Vessel Services: North America to Struggle to Catch Up with SEA and APAC in Terms of Adoption" with Industries Survey | Global Current Growth and Future.
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In 2017, the industry has witnessed growth in North America being offset by slowdown in Europe and China. The fortunes of the global automotive industry are stacked in favor of emerging markets, as limited opportunity continues to plague matured markets.

List of factors tracked in the Automotive Industry Market Report
- Automotive Industry GVA
- Automotive production outlook
- Automotive sales outlook
- Fleet on road outlook
- Automotive carbon emissions outlook
- Emissions & safety norms
- Installation rates of components / accessories
- Replacement rates of components / accessories
- Growth in aftermarket
- Growth in service centers
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“Research Methodology”
Utilizes robust methodology and approach to arrive at market size and related projections. The research methodology for this report is based on 3 dimensional model. We conduct about 45-60 min duration detailed interviews with product manufacturers; apart from this we also collect market feedback from industry experts. To validate this data, we interact with senior panel members having more than 10 years of experience in relevant field. The panel members help in validating the findings and fill the gaps if any. In addition, we leverage on our existing pool of information, paid database and other valid information sources available in public domain. Usually industry interactions extend to more than 50+ interviews from market participants across the value chain.

“Data Collection”

Collects data from secondary sources including company annual reports, association publications, industry presentations, white papers, and company press releases apart from these we leverage over paid database subscriptions and industry magazines to collect market information and developments in exhaustive manner. After being done with desk research, detailed questionnaire and discussion guide is formulated to initiate primary research with key industry personnel; the discussion aims at collecting key insights, growth perspectives, prevalent market trends and quantitative insights including market size and competition developments. Both of these research approaches help us in arriving at base year numbers and market hypothesis.
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“Data Validation”
In this phase, PMR validates the data using macro and micro economic factors. For instance, growth in electricity consumption, industry value added, other industry factors, economic performance, growth of top players and sector performance is closely studied to arrive at precise estimates and refine anomalies if any.

“Data Analysis and Projection”

Data analysis and projections were made based on proprietary research frameworks and statistical analysis, which was further validated from industry participants. These frameworks include Y-o-Y growth projections, macro-economic factor performance, market attractiveness analysis, key financial ratios, and others.

For public companies we capture the data from company website, annual reports, investor presentations, paid databases. While for privately held companies, we try to gather information from the paid databases (like Factiva) and based on the information we gather from databases we estimate revenue for the companies. In addition, the team tries to establish primary contact with the companies in order to validate the assumptions or to gather quality inputs.

Standard Report Structure
- Executive Summary
- Market Definition
- Macro-economic analysis
- Parent Market Analysis
- Market Overview
- Forecast Factors
- Segmental Analysis and Forecast
- Regional Analysis
- Competition Analysis

Target Audience
- Production Companies
- Suppliers
- Channel Partners
- Marketing Authorities
- Subject Matter Experts
- Research Institutions
- Financial Institutions
- Market Consultants
- Government Authorities

Key Questions Answered
- How the market has performed over the past few years?
- What have been the challenges for market participants and how did they overcome them?
- How has the technology landscape evolved over the past years?
- How the competitors have performed and what have been their growth strategies?
- What is the market potential expected to look like in near future across the globe?
- How to sustain and grow market share?
- What should be the future course of action?
- Where do I currently stand?
- Which are the segments, factors, regions offering promising growth potential?
- What are the trends in the market and am I ready for them?

Market Taxonomy

Vessel Type
- PSV
- MSRV
- OSCV
- AHTS
- ERRSV
- Chase & Seismic Support Vessels
- Standby Crew Vessels
- Others

Service Type
- Financial Services
- - Chartering & Brokerage
- - Consulting

- Technical Services
- - Repair & Maintenance
- - Technical Support

- Inspections & Survey

- Crew Management
- - Manpower Supply
- - Training & Support

- Logistic & Cargo Management
- Anchor handling, Towage & Offshore Positioning
- Seismic Supports
- Assistance, Salvage, & Pollution Remediation
- Subsea Services

Regions
- North America
- Latin America
- Europe
- Sea and APAC
- China
- MEA

“Global Automotive Industry Outlook”

The global industry is currently witnessing a period of stabilization as steady sales continue to sustain growth for suppliers and OEMs. However, an industry that is undergoing one of the biggest transformation, the future truly looks uncertain. The auto industry has always remained fiercely competitive, with US, German, and Japanese OEMs relying on incremental upgrades to consolidate their position. However, as electric vehicles and driverless cars become a reality, traditional players are staring at a future they arent entirely familiar with. The next five years in this industry paint a picture of collaboration and competition with the Silicon Valley.

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