IMARC Group has recently released a new research study titled “Offshore Support Vessels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the offshore support vessels market share, drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. The market size reached US$ 43.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028.

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Offshore support vessels (OSVs) are specialized ships designed to provide support and services to offshore oil and gas exploration and production operations. These vessels are used to transport personnel, equipment, and supplies to offshore installations, and can also be used for various other tasks, including towing, anchor handling, firefighting, and rescue operations. OSVs are typically equipped with advanced navigation and communication systems, as well as specialized equipment, such as cranes, winches, and helidecks. They play a crucial role in the offshore oil and gas industry, ensuring the safe and efficient operation of offshore installations, even in most challenging environments.

Offshore Support Vessels Market Trends and Drivers:

The increasing offshore oil and gas exploration and production activities represents one of the key factors driving the market growth across the globe. This, coupled with the rising need for specialized offshore support vessels equipped with advanced technologies, is acting as a major growth-inducing factor. In line with this, the increasing investments in offshore wind energy projects worldwide are driving the demand for OSVs for installation, operation, and maintenance activities, which are further contributing to the growth of the market. Other factors, such as the increasing demand for subsea operations, the rising demand for offshore wind farms, and the growing need for modern and high-capacity vessels with a focus on safety and efficiency, are creating a positive outlook for the market.

Competitive Landscape:

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:

  • Bourbon

  • Grupo CBO

  • Gulfmark

  • Havila

  • Maersk

  • Seacor Marine

  • SIEM Offshore

  • Solstad

  • Swire

  • Tayrona Offshore

  • Tidewater

  • Vroon Group

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

  • 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 (2017-2022)

  • Market Outlook (2023-2028)

  • 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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