According to IMARC Group’s latest report, titled “Offshore Support Vessels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global offshore support vessels market reached a value of US$ 41.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 52.1 Billion by 2027, exhibiting at a CAGR of 4% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Offshore support vessels are marine vessels used for transporting goods, supplies and equipment during subsea exploration and construction activities. These ships help locate and inspect oil and gas-bearing areas, towing and positioning rigs and platforms, and providing maintenance services. Offshore support vessels include small boats that respond to emergencies at offshore installations and provide transportation, anchor control, and platform support.
Market Trends and Drivers:
A significant increase in oil and gas exploratory activities is one of the key factors driving the growth of the global offshore support vessels market growth. The rising need for support vessels in the production of offshore drilling, casting and cement transportation is further boosting the market growth. Additionally, the integration of dynamic positioning (DP) systems in marine vessels is another growth-inducing factor in the market. Other factors, such as rapid technological advancements in the manufacturing processes and extensive research and development (R&D) activities, are creating a positive outlook for the market.
Offshore Support Vessels Market 2022-2027 Competitive Analysis and Segmentation:
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:
- Swire
- Tayrona Offshore
- Gulfmark
- Seacor Marine
- SIEM Offshore
- Grupo CBO
- Bourbon
- Tidewater
- Vroon Group
Key Market Segmentation:
The report has segmented the global offshore support vessels 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
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- 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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