Offshore Support Vessel Market 2021-2026 | Industry Growth, Size, Companies Share, Upcoming Trends, Scope and Opportunities

According to IMARC Group’s latest report, titled “Offshore Support Vessel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global offshore support vessel market reached a value of US$ 39.57 Billion in 2020. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2021-2026.

Offshore support vessels are marine ships that are designed for transporting goods, supplies and equipment during construction activities and subsea exploration. They provide the necessary resources and technical reinforcement to enable certain operational processes to continue without any undesired interruptions. Extensively employed for exploration, production and drilling of resources, they also aid in responding to emergencies at offshore installations while offering a means of transportation to crew members at site and anchor management solutions.

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The market is primarily driven by increasing offshore exploration and production (E&P) activities on the global level. This, in confluence with the increasing applications of crude oil and natural gas across industrial and commercial segments, is expected to provide a thrust to the offshore support vessel market growth. Along with this, a considerable rise in deepwater development activities is further expected to create a positive outlook for the OSV market. The market is further driven by the extensive research and development (R&D) activities conducted by players and technological advancements in the manufacturing processes of these vessels. Coupled with the development of regasification terminals and intra-regional gas pipeline infrastructure, this is anticipated to create a positive outlook for the offshore support vessel market.

Offshore Support Vessel Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the offshore support vessel market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Bourbon
• SIEM Offshore
• Maersk
• Tidewater
• Vroon Group
• Grupo CBO
• Gulfmark
• Solstad
• Seacor Marine
• Tayrona Offshore

The report has segmented the global offshore support vessel market on the basis of type, water depth, fuel, service type, application and region.

Breakup by Type:
• Anchor Handling Towing Supply Vessel
• Platform Supply Vessel
• Fast Supply Intervention Vessel
• Multi-Purpose Service Vessel
• Others

Breakup by Water Depth:
• Shallow Water
• Deepwater

Breakup by Fuel:
• Fuel Oil
• LNG

Breakup by Service Type:
• Technical Services
• Inspection & Survey
• Crew Management
• Logistics & Cargo Management
• Anchor Handling & Seismic Support
• Others

Breakup by Application:
• Oil and Gas Applications
• Offshore Applications

Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Explore report description with table of contents: https://www.imarcgroup.com/offshore-support-vessels-market

Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Drivers and Success Factors
• Market Trends
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.