Offshore Support Vessels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Offshore Support Vessels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global offshore support vessels 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.

Offshore support vessels refer to various marine vessels that are used for transporting goods, supplies and equipment during subsea exploration and construction activities. 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). These vessels are primarily used for locating and inspecting oil and gas-bearing areas, towing and positioning rigs/platforms and offering maintenance facilities. 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.

Offshore Support Vessels Market Trends:



Increasing oil and gas exploratory activities is one of the key factors driving the growth of the market. Furthermore, the rising demand for PSVs across the globe is also providing a boost to the market growth. PSVs are used in the production stage of offshore drilling and for the transportation of cement, casting and drilling pipes and completion fluids. Additionally, various technological advancements in the manufacturing processes of offshore support vessels and the integration of Dynamic Positioning (DP) systems in marine vessels, is acting as another growth-inducing factor. Manufacturers are emphasizing on producing computer-controlled vessels that can automatically control their propellers and thrusters to maintain a specific position. Other factors, including rapid industrialization and extensive research and development (R&D) activities, along with growing investments in the oil and gas sector across the globe, especially in the emerging economies, are projected to drive the global offshore support vessels market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global offshore support vessels market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, water depth, fuel, service type, and application.

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

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Bourbon, Grupo CBO, Gulfmark, Havila, Maersk, Seacor Marine, SIEM Offshore, Solstad, Swire, Tayrona Offshore, Tidewater, and Vroon Group.

Key Questions Answered in This Report

1. What was the size of the global offshore support vessels market in 2022?

2. What is the expected growth rate of the global offshore support vessels market during 2023-2028?

3. What are the key factors driving the global offshore support vessels market?

4. What has been the impact of COVID-19 on the global offshore support vessels market?

5. What is the breakup of the global offshore support vessels market based on the type?

6. What is the breakup of the global offshore support vessels market based on the water depth?

7. What is the breakup of the global offshore support vessels market based on the fuel?

8. What is the breakup of the global offshore support vessels market based on the application?

9. What are the key regions in the global offshore support vessels market?

10. Who are the key players/companies in the global offshore support vessels market?


1 Preface
2 Scope and Methodology 
  2.1 Objectives of the Study
  2.2 Stakeholders
  2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
  2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
  2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
  4.1 Overview
  4.2 Key Industry Trends
5 Global Offshore Support Vessels Market
  5.1 Market Overview
  5.2 Market Performance
  5.3 Impact of COVID-19
  5.4 Market Forecast
6 Market Breakup by Type
  6.1 Anchor Handling Towing Supply Vessel
6.1.1 Market Trends
6.1.2 Market Forecast
  6.2 Platform Supply Vessel
6.2.1 Market Trends
6.2.2 Market Forecast
  6.3 Fast Supply Intervention Vessel
6.3.1 Market Trends
6.3.2 Market Forecast
  6.4 Multi-Purpose Service Vessel
6.4.1 Market Trends
6.4.2 Market Forecast
  6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Water Depth
  7.1 Shallow Water
7.1.1 Market Trends
7.1.2 Market Forecast
  7.2 Deepwater
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Fuel
  8.1 Fuel Oil
8.1.1 Market Trends
8.1.2 Market Forecast
  8.2 LNG
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Service Type
  9.1 Technical Services
9.1.1 Market Trends
9.1.2 Market Forecast
  9.2 Inspection & Survey
9.2.1 Market Trends
9.2.2 Market Forecast
  9.3 Crew Management
9.3.1 Market Trends
9.3.2 Market Forecast
  9.4 Logistics & Cargo Management
9.4.1 Market Trends
9.4.2 Market Forecast
  9.5 Anchor Handling & Seismic Support
9.5.1 Market Trends
9.5.2 Market Forecast
  9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10  Market Breakup by Applications
  10.1 Oil and Gas Applications
10.1.1 Market Trends
10.1.2 Market Forecast
  10.2 Offshore Applications
10.2.1 Market Trends
10.2.2 Market Forecast
11  Market Breakup by Region
  11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
  11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
  11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
  11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
  11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12  SWOT Analysis
  12.1 Overview
  12.2 Strengths
  12.3 Weaknesses
  12.4 Opportunities
  12.5 Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis
  14.1 Overview
  14.2 Bargaining Power of Buyers
  14.3 Bargaining Power of Suppliers
  14.4 Degree of Competition
  14.5 Threat of New Entrants
  14.6 Threat of Substitutes
15  Competitive Landscape
  15.1 Market Structure
  15.2 Key Players
  15.3 Profiles of Key Players
15.3.1 Bourbon
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio 
15.3.2 Grupo CBO
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio 
15.3.3 Gulfmark
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio 
15.3.4 Havila
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio 
15.3.5 Maersk
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio 
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Seacor Marine
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio 
15.3.6.3 Financials
15.3.7 SIEM Offshore
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio 
15.3.8 Solstad
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio 
15.3.8.3 Financials
15.3.9 Swire
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio 
15.3.10 Tayrona Offshore
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio 
15.3.11 Tidewater
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio 
15.3.11.3 Financials
15.3.12 Vroon Group
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio 

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