Pipelay Vessel Operator Market 2024-2028
The pipelay vessel operator market is forecasted to grow by USD 55.4 million during 2023-2028, accelerating at a CAGR of 3.63% during the forecast period. The report on the pipelay vessel operator 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 rising demand for oil and gas globally, increase in number of deepwater and ultra-deepwater drilling projects, and new exploration policies.
Technavio's pipelay vessel operator market is segmented as below:
- By Type
- J-lay barges
- S-lay barges
- Reel barges
- By Application
- Oil and gas
- Power
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increase in automation in oil and gas industry as one of the prime reasons driving the pipelay vessel operator market growth during the next few years. Also, increased adoption of iot in midstream oil and gas operations and technological innovations boosting productivity in oilfield services market will lead to sizable demand in the market.
The report on the pipelay vessel operator market covers the following areas:
- Pipelay vessel operator market sizing
- Pipelay vessel operator market forecast
- Pipelay vessel operator 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 pipelay vessel operator market vendors that include Allseas Group SA, Boskalis, BOURBON Maritime, CIMIC Group Ltd., Hanwha Corp., Havila Shipping ASA, Helix Energy Solutions Group Inc., Hyundai Heavy Industries Group, John Swire and Sons Ltd., McDermott International Ltd., New DOF ASA, Royal IHC, Saipem S.p.A., Siem Offshore Inc., Subsea 7 SA, TechnipFMC plc, Tidewater Holdings Inc., Uppetrom 1 Mai Manufacturing SRL, and Van Oord nv. Also, the pipelay vessel operator 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 in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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 primary and secondary research. 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.