Global Pipe Laying Vessels Market 2023-2029

Global Pipe Laying Vessels Market 2023-2029

Pipe laying vessels are specialized ships designed for the installation of subsea pipelines in offshore oil and gas fields. These vessels are equipped with advanced technology and equipment that allows for the efficient and safe installation of pipelines on the seabed. Pipe laying vessels typically have a long, narrow hull with a large deck area for storing and handling pipes and other equipment. They are equipped with dynamic positioning systems that allow them to maintain a stable position in the water, even in rough sea conditions. The global pipe laying vessels market size is projected to grow by USD 1.2 billion from 2023 to 2029, registering a CAGR of 6.99 percent, according to the latest market data.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global pipe laying vessels market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the installation, positioning system, depth, and region. The global market for pipe laying vessels can be segmented by installation: J-Lay barges, S-Lay barges, reel barges. Globally, the S-Lay barges segment made up the largest share of the pipe laying vessels market. Pipe laying vessels market is further segmented by positioning system: anchor system, dynamic positioning system. The dynamic positioning system segment captured the largest share of the market in 2022. Based on depth, the pipe laying vessels market is segmented into: shallow water, deepwater. According to the research, the deepwater segment had the largest share in the global pipe laying vessels market. On the basis of region, the pipe laying vessels market also can be divided into: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. North America held the largest revenue share in 2022.

Market Segmentation

By installation: J-Lay barges, S-Lay barges, reel barges

By positioning system: anchor system, dynamic positioning system

By depth: shallow water, deepwater

By region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America

The global pipe laying vessels market report offers detailed information on several market vendors, including Tideawater Inc., HD Hyundai Heavy Industries Co., Ltd., Subsea 7 S.A., Royal Van Oord, SEACOR Marine Holdings Inc., Allseas Group S.A., TechnipFMC plc, Saipem S.p.A., Royal Boskalis Westminster N.V., Royal IHC, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Scope of the Report

• To analyze and forecast the market size of the global pipe laying vessels market.
• To classify and forecast the global pipe laying vessels market based on installation, positioning system, depth, region.
• To identify drivers and challenges for the global pipe laying vessels market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global pipe laying vessels market.
• To identify and analyze the profile of leading players operating in the global pipe laying vessels market.

Why Choose This Report

• Gain a reliable outlook of the global pipe laying vessels market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.