Offshore Support Vessel Market Forecasts to 2028 – Global Analysis By Water Depth (Shallow water, Deepwater, Ultra Deepwater), Fuel (Fuel Oil, Liquefied Natural Gas (LNG)), Application (Oil & Gas, Patrolling), and By Geography
According to Stratistics MRC, the Global Offshore Support Vessel Market is accounted for $19.44 billion in 2020 and is expected to reach $29.83 billion by 2028 growing at a CAGR of 5.5% during the forecast period. Increasing oil and gas exploratory activities, rising demand for PSVs across the globe, and extensive research and development (R&D) activities are the major factors propelling the market growth. However, huge capital requirements for offshore projects and fluctuations in the oil prices are hampering the market growth.
The offshore support vessels refer to various marine vessels that are used for transporting goods, supplies and equipment during subsea exploration and construction activities. These vessels are primarily used for locating and inspecting oil and gas-bearing areas, towing and positioning rigs/platforms and offering maintenance facilities. Some of the common types of offshore support vessels include diving support, crane, and pipe laying vessels, seismic survey ships, and platform supply vessels (PSVs). They are equipped with powerful small-sized boats that respond to emergencies at offshore installations and also provide various other services, such as transportation, anchor management and platform support.
Based on type, the platform support vessels (PSV) segment is estimated to have a lucrative growth due to the increasing demand for these vessels driven by the uptake in offshore drilling activities. As these wells come into the production stage, the demand is further expected to be boosted. This is anticipated to result in the improvement of the overall utilization of platform supply vessels in the coming years.
By geography, North America is going to have a lucrative growth during the forecast period due to the increasing offshore exploration across the region. In addition, the offshore wind power sector is seen as the major area of development, as the large coastal area is available for leasing, where wind power plants can be built. As a result, the increasing offshore wind activities in the United States are likely to increase the need for construction, operation, maintenance, and other activities, which, in turn, is expected to increase the use of offshore support vessels in the country in the next few years.
Some of the key players profiled in the Offshore Support Vessel Market include Abdon Callais Offshore LLC, Bourbon Corporation SA, Edison Chouest Offshore, GulfMark Offshore Inc, Havila Shipping, Maersk Supply Service A/S, Ostenjso Rederi, Seacor Marine Holdings Inc, Siem Offshore AS, Solstad Offshore ASA, Tidewater Inc, and Vroon Group.
Types Covered:
• Anchor Handling Tug/Anchor Handling Towing Supply (AHT/AHTS) Vessels
• Cable and Pipe Laying Vessels
• Chase Vessels
• Crew Vessels
• Diving Support Vessels (DSVs)
• Emergency Response/Standby and Rescue Vessels
• Multipurpose Support Vessels (MPSV)
• Platform Support Vessels (PSV)
• Remotely Operated Vessels (ROVs)
• Seismic Vessels
• Well Intervention Vessels
• Well Stimulation Vessels
Service Types Covered:
• Anchor Handling, Towage & Offshore Positioning
• Assistance, Salvage, & Pollution Remediation
• Crew Management
• Financial Services
• Technical Services
• Inspections & Survey
• Logistic & Cargo Management
• Seismic Supports
• Subsea Services
Water Depths Covered:
• Shallow water
• Deepwater
• Ultra Deepwater
Fuels Covered:
• Fuel Oil
• Liquefied Natural Gas (LNG)
Applications Covered:
• Offshore Wind
• Oil & Gas
• Patrolling
• Research & Surveying
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Offshore Support Vessel Market, By Type
5.1 Introduction
5.2 Anchor Handling Tug/Anchor Handling Towing Supply (AHT/AHTS) Vessels
5.3 Cable and Pipe Laying Vessels
5.4 Chase Vessels
5.5 Crew Vessels
5.6 Diving Support Vessels (DSVs)
5.7 Emergency Response/Standby and Rescue Vessels
5.8 Multipurpose Support Vessels (MPSV)
5.9 Platform Support Vessels (PSV)
5.10 Remotely Operated Vessels (ROVs)
5.11 Seismic Vessels
5.12 Well Intervention Vessels
5.13 Well Stimulation Vessels
6 Global Offshore Support Vessel Market, By Service Type
6.1 Introduction
6.2 Anchor Handling, Towage & Offshore Positioning
6.3 Assistance, Salvage, & Pollution Remediation
6.4 Crew Management
6.4.1 Manpower Supply
6.4.2 Training & Support
6.5 Financial Services
6.5.1 Chartering & Brokerage
6.5.2 Consulting
6.6 Technical Services
6.6.1 Repair & Maintenance
6.6.2 Technical Support
6.7 Inspections & Survey
6.8 Logistic & Cargo Management
6.9 Seismic Supports
6.10 Subsea Services
7 Global Offshore Support Vessel Market, By Water Depth
7.1 Introduction
7.2 Shallow water
7.3 Deepwater
7.4 Ultra Deepwater
8 Global Offshore Support Vessel Market, By Fuel
8.1 Introduction
8.2 Fuel Oil
8.3 Liquefied Natural Gas (LNG)
9 Global Offshore Support Vessel Market, By Application
9.1 Introduction
9.2 Offshore Wind
9.3 Oil & Gas
9.4 Patrolling
9.5 Research & Surveying
10 Global Offshore Support Vessel Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Abdon Callais Offshore LLC
12.2 Bourbon Corporation SA
12.3 Edison Chouest Offshore
12.4 GulfMark Offshore Inc
12.5 Havila Shipping
12.6 Maersk Supply Service A/S
12.7 Ostenjso Rederi
12.8 Seacor Marine Holdings Inc
12.9 Siem Offshore AS
12.10 Solstad Offshore ASA
12.11 Tidewater Inc
12.12 Vroon Group
List of Tables
1 Global Offshore Support Vessel Market Outlook, By Region (2019-2028) ($MN)
2 Global Offshore Support Vessel Market Outlook, By Type (2019-2028) ($MN)
3 Global Offshore Support Vessel Market Outlook, By Anchor Handling Tug/Anchor Handling Towing Supply (AHT/AHTS) Vessels (2019-2028) ($MN)
4 Global Offshore Support Vessel Market Outlook, By Cable and Pipe Laying Vessels (2019-2028) ($MN)
5 Global Offshore Support Vessel Market Outlook, By Chase Vessels (2019-2028) ($MN)
6 Global Offshore Support Vessel Market Outlook, By Crew Vessels (2019-2028) ($MN)
7 Global Offshore Support Vessel Market Outlook, By Diving Support Vessels (DSVs) (2019-2028) ($MN)
8 Global Offshore Support Vessel Market Outlook, By Emergency Response/Standby and Rescue Vessels (2019-2028) ($MN)
9 Global Offshore Support Vessel Market Outlook, By Multipurpose Support Vessels (MPSV) (2019-2028) ($MN)
10 Global Offshore Support Vessel Market Outlook, By Platform Support Vessels (PSV) (2019-2028) ($MN)
11 Global Offshore Support Vessel Market Outlook, By Remotely Operated Vessels (ROVs) (2019-2028) ($MN)
12 Global Offshore Support Vessel Market Outlook, By Seismic Vessels (2019-2028) ($MN)
13 Global Offshore Support Vessel Market Outlook, By Well Intervention Vessels (2019-2028) ($MN)
14 Global Offshore Support Vessel Market Outlook, By Well Stimulation Vessels (2019-2028) ($MN)
15 Global Offshore Support Vessel Market Outlook, By Service Type (2019-2028) ($MN)
16 Global Offshore Support Vessel Market Outlook, By Anchor Handling, Towage & Offshore Positioning (2019-2028) ($MN)
17 Global Offshore Support Vessel Market Outlook, By Assistance, Salvage, & Pollution Remediation (2019-2028) ($MN)
18 Global Offshore Support Vessel Market Outlook, By Crew Management (2019-2028) ($MN)
19 Global Offshore Support Vessel Market Outlook, By Manpower Supply (2019-2028) ($MN)
20 Global Offshore Support Vessel Market Outlook, By Training & Support (2019-2028) ($MN)
21 Global Offshore Support Vessel Market Outlook, By Financial Services (2019-2028) ($MN)
22 Global Offshore Support Vessel Market Outlook, By Chartering & Brokerage (2019-2028) ($MN)
23 Global Offshore Support Vessel Market Outlook, By Consulting (2019-2028) ($MN)
24 Global Offshore Support Vessel Market Outlook, By Technical Services (2019-2028) ($MN)
25 Global Offshore Support Vessel Market Outlook, By Repair & Maintenance (2019-2028) ($MN)
26 Global Offshore Support Vessel Market Outlook, By Technical Support (2019-2028) ($MN)
27 Global Offshore Support Vessel Market Outlook, By Inspections & Survey (2019-2028) ($MN)
28 Global Offshore Support Vessel Market Outlook, By Logistic & Cargo Management (2019-2028) ($MN)
29 Global Offshore Support Vessel Market Outlook, By Seismic Supports (2019-2028) ($MN)
30 Global Offshore Support Vessel Market Outlook, By Subsea Services (2019-2028) ($MN)
31 Global Offshore Support Vessel Market Outlook, By Water Depth (2019-2028) ($MN)
32 Global Offshore Support Vessel Market Outlook, By Shallow water (2019-2028) ($MN)
33 Global Offshore Support Vessel Market Outlook, By Deepwater (2019-2028) ($MN)
34 Global Offshore Support Vessel Market Outlook, By Ultra Deepwater (2019-2028) ($MN)
35 Global Offshore Support Vessel Market Outlook, By Fuel (2019-2028) ($MN)
36 Global Offshore Support Vessel Market Outlook, By Fuel Oil (2019-2028) ($MN)
37 Global Offshore Support Vessel Market Outlook, By Liquefied Natural Gas (LNG) (2019-2028) ($MN)
38 Global Offshore Support Vessel Market Outlook, By Application (2019-2028) ($MN)
39 Global Offshore Support Vessel Market Outlook, By Offshore Wind (2019-2028) ($MN)
40 Global Offshore Support Vessel Market Outlook, By Oil & Gas (2019-2028) ($MN)
41 Global Offshore Support Vessel Market Outlook, By Patrolling (2019-2028) ($MN)
42 Global Offshore Support Vessel Market Outlook, By Research & Surveying (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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