Offshore Support Vessels Market: Global Industry Outlook, Size (US$ 52.1 Billion), Share, Growth (CAGR of 4%), Top Companies Analysis and Research Report 2022-2027
Offshore Support Vessels Market Trends:
The increasing oil and gas exploratory activities are among the primary factors driving the offshore support vessels market. Besides this, the escalating demand for PSVs in the production stage of drilling and for the transportation of cement, casting, drilling pipes, and completion fluids is further augmenting the market growth. Moreover, various technological advancements in the manufacturing of offshore support vessels and the integration of Dynamic Positioning (DP) systems in marine containers are also catalyzing the global market. Apart from this, the leading players are emphasizing on producing computer-controlled ships that can automatically manage their propellers and thrusters to maintain a specific position, which is acting as another significant growth-inducing factor. Additionally, the emerging trend of industrialization, the extensive research and development (R&D) activities, and the growing investments in the oil and gas sector across the globe, especially in the developing economies, are expected to bolster the offshore support vessels market in the coming years.
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Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
Competitive Landscape with Key Players:
The competitive landscape of the offshore support vessels 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:
• Grupo CBO
• Seacor Marine
• SIEM Offshore
• Tayrona Offshore
• Vroon Group
Industry Definition and Application:
Offshore support vessels refer to various marine ships that are used for transporting supplies, goods, and equipment during subsea exploration and construction activities. Common types of containers include seismic survey ships, diving support, crane and pipe laying vessels, and platform supply vessels (PSVs). Offshore support vessels are mainly used for towing and positioning rigs/platforms, locating and inspecting oil and gas-bearing areas, and offering maintenance facilities. In addition, they are equipped with strong small-sized boats that respond to emergencies at installations and also provide several other services, such as anchor management, transportation, and platform support.
Key Market Segmentation:
The report has segmented the global offshore support vessels market based on 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
Breakup by Water Depth:
• Shallow Water
Breakup by Fuel:
• Fuel Oil
Breakup by Service Type:
• Technical Services
• Inspection & Survey
• Crew Management
• Logistics & Cargo Management
• Anchor Handling & Seismic Support
Breakup by Application:
• Oil and Gas Applications
• Offshore Applications
Breakup by Region:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
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Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• 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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