Global Anchor Handling Tug Supply Vessels Market 2024-2028
The anchor handling tug supply vessels market is forecasted to grow by USD 2.61 bn during 2023-2028, accelerating at a CAGR of 4.67% during the forecast period. The report on the anchor handling tug supply vessels market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a rise in global demand for oil and natural gas, a rise in deep-water and ultra-deep-water E and P activities, and an increase in global offshore oil and gas exploration activities.
Technavio's anchor handling tug supply vessels market is segmented as below:By ApplicationOil and gas
Industrial
Others
By Engine Capacity5000-9999 HP
<5000 HP
>10000 HP
By GeographyAPAC
Europe
North America
Middle East and Africa
South America
This study identifies the increase in investment in port infrastructure as one of the prime reasons driving the anchor handling tug supply vessels market growth during the next few years. Also, a growing focus on improving marine transportation safety and technological advancements in AHTS will lead to sizable demand in the market.
The report on the anchor handling tug supply vessels market covers the following areas:Anchor handling tug supply vessels market sizing
Anchor handling tug supply vessels market forecast
Anchor handling tug supply vessels market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading anchor handling tug supply vessels market vendors that include AP Moller Maersk AS, Aquashield Oil and Marine Services Ltd., BOURBON Maritime, Damen Shipyards Group, DNV Group AS, Edison Chouest Offshore Co., Fairway Offshore Ltd., Harmony Marine Shipbrokers Ltd., Harvey Gulf International Marine LLC, Hornbeck Offshore Services Inc., Kuok Group, MMA Offshore Ltd., Petromarine Nigeria Ltd., Seacontractors, SEACOR Marine Holdings Inc., Solstad Offshore ASA, Swire Pacific Ltd., Tethys Plantgeria Ltd., Tidewater Inc., and Wartsila Corp.. Also, the anchor handling tug supply vessels market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.