Offshore Support Vessel Market

Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Global Forecast to 2023

Report Code: EP 2894 Oct, 2019, by marketsandmarkets.com
Updated date -

The global offshore support vessel market is projected to reach USD 25.7 billion by 2023 from USD 20.0 billion in 2018, growing at a CAGR of 5.04%, from 2018 to 2023.

Deepwater production and exploration activities in Europe and Middle East would boost the growth of the offshore support vessels market. The growth in deployment of offshore wind farms in countries such as China and the US would drive the offshore support vessel, for installation, maintenance, and during the replacement of offshore wind turbines.

This report segments the osv market on the basis of type, application, end-user, and region.

Objectives of the study

  • To define, describe, and forecast the market, in terms of value, segmented on the basis of type, application, end-user, and region
  • To provide detailed information about the major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
  • To estimate the size of the global osv market in terms of value, for segments with respect to six main regions, namely, Asia-Pacific, Europe, North America, South America, the Middle East, and Africa
  • To study the individual growth trends of the offshore support vessel providers and their future trends, and analyze key contributors in market
  • To strategically analyze micro-markets with respect to individual growth trends, future prospects, and contribution to the total market
  • To track and analyze competitive developments, such as contracts & agreements, joint ventures, mergers & acquisitions, and  new product launches in the market
  • To strategically profile key market players and comprehensively analyze their market position and core competencies

Research Methodology

This research study involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the market. Primary sources are mainly industry experts from the core and related industries, suppliers, manufacturers, service providers, standards and certification organizations of companies, and organizations related to all the segments of this industry’s value chain. The points below explain the research methodology.

  • Study of annual revenues and market developments of the major players that provide market solutions
  • Assessment of future trends and growth of osv market on the basis of process and application
  • Assessment of the market with respect to the technology used for different applications
  • Study of contracts & developments related to the market by key players across different regions
  • Finalization of the overall market sizes by triangulating the supply-side data, which includes product launches, supply chain, and annual revenues of companies supplying offshore support vessels across the globe

After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure below illustrates the breakdown of primaries conducted during the research study on the basis of the company type, designation, and region.

Offshore Support Vessel Market

To know about the assumptions considered for the study, download the pdf brochure

Market Dynamics

Investments in offshore oil & gas and renewable sectors

One of the key factors influencing the global energy demand is the growth in human population. The UN World Population Prospects predicts that the world population will increase from 7.6 billion in 2017 to 9.8 billion by 2050. Urbanization also plays a major role and is expected to have a significant impact on energy demand, thereby improving the regional energy mix. This rise in the demand for energy has to be met with various energy sources such as oil & gas, renewables, thermal, and nuclear power. According to Scottish Development International, the global investments in offshore oil & gas was approximately USD 175 billion in 2017, of which, the offshore installation market accounted for a major share. The Engineering, Procurement, Installation, and Construction (EPIC) CAPEX for sanctioned projects in regions such as Africa and Europe shows the spending on elements is not associated with the field. This CAPEX is mostly used for subsea operations and pipeline processes. Moreover, regions such as Asia Pacific, which have high energy demand, are planning to augment its offshore production. Countries such as India and China, which have offshore oil & gas basins in the India Ocean and the South China Sea, respectively, have huge potential for offshore oil & gas exploration.

According to the IEA, in 2015, renewables accounted for more than half of the net annual addition of power capacity and overtook coal power generation in terms of cumulative installed capacity in the world. This was led by wind and solar energies, which have added approximately 150 GW of renewable power capacity. The IEA also predicts that the global renewable generation capacity is expected to grow by 42%, or 825 GW, by 2021. The offshore wind farms are an integral part of the renewables-based power generation. According to WindEurope, 90% of the world’s offshore wind power is currently installed in Europe, and it is the key factor for meeting its energy target of 20% of the total energy consumption from renewables by 2020. Moreover, countries such as the US and China have also set ambitious targets for offshore deployments. The growth in the deployment of offshore wind farms will have a positive effect on the offshore support vessel market.

Capital-intensive market

The high cost associated with offshore installations affects the profitability of oil & gas operators. The day rate of the offshore support vessels is linked to the fluctuating oil & gas prices, and it requires high capital budgeting to order/launch new vessels. The cyclic nature of oil & gas price fluctuation in the industry is attributed to the changes in the demand for crude, as well as increased production from OPEC and non-OPEC countries. Further, the competition in the oil & gas market between the US and OPEC countries, and the shale gas revolution have aided in creating a supply glut. The plummeting of crude oil prices to less than half, when compared with the oil prices in June 2014, has forced oil companies to cut down on their spending. This has further resulted in the delaying or cancellation of contracts with OSV suppliers, thereby bringing down the utilization rates of these vessels. Initially, the offshore vessel industry had large players with fewer vessels, which resulted in a low-entry barrier. But, with increasing competition and dynamic operational requirements, the need for technologically sound vessels and fluctuating oil prices has resulted in mergers and collaborations of various companies. These requirements further increase the maintenance cost and day rate of these vessels coupled with the cost incurred for the maintenance of ship yards and crew. However, the current trends indicate the demand-supply fundamentals of offshore support vessels to move back into equilibrium, which can impact oil prices, and hence, further stabilize the market.

The early trends in 2018 suggest the crude oil prices to hover around the USD 55–60 per barrel range and will continue at least for the next one year, which will impact the demand for various services in the offshore support vessel industry.

Increased exploration actives in ultra-deepwater and Artic region

Oil & gas operators are further pushing their boundaries in search of new oil & gas reserves in ultra-deepwater and the Artic region. In 2008, the Circum-Arctic Resource Appraisal (CARA), the US Geological Survey, estimated that 90 billion barrels of oil, 1,669 trillion cubic feet of natural gas, and 44 billion barrels of natural gas might exist in 33 Arctic provinces, of which, approximately 84% are offshore. The US geographical survey estimates that the Arctic region holds nearly 30% of undiscovered gas and 13% of undiscovered oil reserves in the world. These figures seek huge investments in the Arctic region. According to the US Geological Survey, more than 70% of undiscovered oil resources are estimated to be present in 5 provinces—Arctic Alaska, Amerasia Basin, East Greenland Rift Basins, East Barents Basins, and West Greenland–East Canada. The Arctic region has seen vast levels of petroleum resource developments over the past few decades. This offers an attractive opportunity for offshore drilling service providers, as offshore drilling services aid in the drilling process in locations with lesser known topography. Demand for AHTSs is expected to scale up in this region for supporting the oil & gas activities by 2020.

With the gradual maturity of shallow water fields, oil & gas operators are exploring deep and ultra-deepwater opportunities to meet the growing oil & gas demand. This has stimulated the growth in investments in offshore and subsea activities. The shallow water covers the majority of the market share, but the vessels used here are not capable of working in deepwater and ultra-deepwater due to harsh climatic conditions. This factor offers a great opportunity for the manufacturers to manufacture technologically equipped vessels to face challenging environmental conditions.

For instance, the invention of the Dynamic Positioning (DP) system for marine vessels is remarkable and has been accepted worldwide. With the changing requirements and need for upgrading, DP-1 vessels are almost in their last phase and used in crew supply vessels only. DP-2 and DP-3 vessels are more frequently used in PSVs and are gaining more importance in the market. The evolution of DP vessels is one such example of a technological upgrade that enables vessels to work in tough conditions. Hence, technological advancement is one of the key drivers fueling the growth of the offshore support vessel market.

Government regulations for offshore activities in key regions

Government regulations related to oil & gas field developments are getting tougher by the day. The offshore support vessel industry is fragmented and dominated by local players. Cabotage is a law that regulates shipping and offshore activities taking place in a country’s waters. It recognizes that a country is authorized to limit the activities of foreign vessels operating within its waters. Every country has its own cabotage law, and this law aims to encourage the participation of more local players. The focus of the cabotage legislation in the Bahamas is generating employment opportunities for the local population. Brazil has implemented several cabotage laws to support the local industry. Even though the local regulations are in place, the offshore industry in Brazil is struggling to meet Petrobras’ E&P plans. According to the Petroleum Development Act and Petroleum Regulations in Malaysia, all the offshore support vessel service providers should have a valid license issued by Petronas Malaysia. Since 2016, Indonesia has been planning to restrict foreign vessels and transportation of domestic products in Indonesian waters with an intention to encourage the growth of domestic players. Such requirements sometimes force companies to purchase equipment from local players even if it is available at a lesser cost from an international player.

Key players in the offshore support vessel market include  Seacor Marine, (US), Edison Chouest Offshore (US), Harvey Gulf International Marine (US), Tidewater (US), Bourbon (France), Swire Group (UK), The Maersk Group (Denmark), and Siem Offshore (Norway).

Target Audience

The report’s target audience includes:

  • Associations and industry bodies
  • Consulting companies dealing with the offshore support vessel industry
  • Offshore logistics and ship authorities
  • Offshore platform operators
  • Offshore support vessel manufacturers  and suppliers
  • Offshore support vessel operators
  • Oil & gas companies
  • Wind farm owners, operators, and developers
  • Offshore wind turbine manufacturers

Scope of the report

By Type

  • Anchor-handling tug supply vessels
  • Platform supply vessels
  • Multipurpose supply vessels
  • Emergency response/standby and rescue vessels
  • Crew vessels
  • Chase vessels
  • Seismic vessels
  • Others

By Application

  • Shallow water
  • Deepwater

By End-User

  • Oil & Gas
  • Offshore Wind

By Region

  • Asia-Pacific
  • North America
  • South America
  • Europe
  • Africa
  • Middle East

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the client’s needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of region-/country-specific analysis

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

The global offshore support vessel market is expected to grow at a CAGR of 5.04%, from 2018 to 2023, to reach a market size of USD 25.66 Billion by 2023. This growth is attributed to the increasing focus on oil & gas production at offshore fields. The aging infrastructure leading to replacement and decommissioning offers lucrative opportunities for market players in the coming five years.

The report segments the osv market, on the basis of type, into anchor-handling tug supply (AHTS) vessels, platform supply vessels (PSVs), multipurpose supply vessels (MPSVs), standby and rescue vessels, crew vessels, chase vessels, and seismic vessels. The AHTS vessels segment is estimated to have the largest market share in 2018, and is driven by the demand from Asia-Pacific, Europe America, and Africa. The market for offshore supply vessels, especially AHTS vessels and PSVs, is heavily oversupplied, and there is a need to address this imbalance on the supply side in order to improve utilization and vessel rates in the current low oil price environment.

The global offshore support vessel, by application, has been segmented into shallow water and deepwater, with the shallow water segment growing at a faster pace. The shallow water segment was the largest market owing to its lower operational costs. As soon as oil prices recover, shallow water projects are expected to be the first to see an improved demand for vessels. However, the deepwater sector is expected to make a significant contribution to the market, and exploration activities for new large reserves in deepwater fields will help demand for offshore support vessels.

In this report, the offshore support vessels market has been analyzed with respect to six regions, namely, Europe, North America, Asia Pacific, the Middle East, South America, and Africa. The Asia Pacific market led the offshore support vessel industry, with the largest market share, by value, in 2018, and the trend is projected to continue until 2023. The market in Europe will also play an important role in driving demand for offshore support vessels. The North America is a fast-growing market for offshore support vessels during the forecast period. This growth is due to the increasing focus on offshore robust investments in offshore oil & gas sector, and growing offshore exploration activities, combined with the growth in offshore wind farms and in order to replace production from mature onshore fields.

Offshore Support Vessel Market

The major factor restraining the growth of the market is oversupply of offshore vessels.

Some of the leading players in the offshore support vessel industry, on the basis of their recent developments and other strategic industrial activities, are Bourbon (France), Seacor Marine (US), Swire Group (Hong Kong), Tidewater (US), Gulfmark Offshore, Inc. (US), Havila Shipping (Norway), Hornbeck Offshore Services (US), The Maersk (Denmark), and Siem Offshore (Norway), among others.

These players have adopted growth strategies such as new product launches, contracts & agreements, partnerships, collaborations, alliances, and joint ventures, mergers & acquisitions, and investments & expansions to capture a larger share of the market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the Offshore Support Vessel Market
    4.2 OSV Market, By Country
    4.3 OSV Market, By End User
    4.4 OSV Market, By Type
    4.5 Asia Pacific Offshore Support Vessel: Application Vs. Country
    4.6 Offshore Support Vessel, By Application

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Investments in Offshore Oil & Gas and Renewable Sectors
           5.2.2 Restraints
                    5.2.2.1 Capital-Intensive Market
                    5.2.2.2 Oversupply of Offshore Vessels
           5.2.3 Opportunities
                    5.2.3.1 Aging Offshore Infrastructure Leading to Replacement and Decommissions
                    5.2.3.2 Increased Exploration Actives in Ultra-Deepwater and Artic Region
           5.2.4 Challenges
                    5.2.4.1 High Operational Risks
                    5.2.4.2 Government Regulations for Offshore Activities in Key Regions

6 Offshore Support Vessel Market, By Type (Page No. - 47)
    6.1 Introduction
    6.2 Volume & Value Market Analysis
           6.2.1 By Volume
           6.2.2 By Value
    6.3 Anchor Handling Tug Supply Vessel (AHTS)
           6.3.1 By Volume
           6.3.2 By Value
    6.4 Platform Supply Vessel (PSV)
           6.4.1 By Volume
           6.4.2 By Value
    6.5 Multipurpose Support Vessel (MPSV)
           6.5.1 By Volume
           6.5.2 By Value
    6.6 Standby & Rescue Vessel
           6.6.1 By Volume
           6.6.2 By Value
    6.7 Crew Vessel
           6.7.1 By Volume
           6.7.2 By Value
    6.8 Seismic Vessel
           6.8.1 By Volume
           6.8.2 By Value
    6.9 Chase Vessel
           6.9.1 By Volume
           6.9.2 By Value
    6.1 Others
           6.10.1 By Volume
           6.10.2 By Value

7 Offshore Support Vessel, By Application (Page No. - 67)
    7.1 Introduction
    7.2 Shallow Water
    7.3 Deepwater

8 Offshore Support Vessel, By End User (Page No. - 71)
    8.1 Introduction
    8.2 Oil & Gas
    8.3 Offshore Wind

9 Offshore Support Vessel, By Region (Page No. - 76)
    9.1 Introduction
    9.2 Volume & Value Market Analysis
           9.2.1 By Volume
           9.2.2 By Value
    9.3 Asia Pacific
           9.3.1 By Vessel Type
                    9.3.1.1 By Volume
                    9.3.1.2 By Value
           9.3.2 By Application
           9.3.3 By End User
           9.3.4 By Country
                    9.3.4.1 India
                    9.3.4.2 China
                    9.3.4.3 Thailand
                    9.3.4.4 Malaysia
                    9.3.4.5 Vietnam
                    9.3.4.6 Rest of Asia Pacific
    9.4 North America
           9.4.1 By Vessel Type
                    9.4.1.1 By Volume
                    9.4.1.2 By Value
           9.4.2 By Application
           9.4.3 By End User
           9.4.4 By Country
                    9.4.4.1 US
                    9.4.4.2 Canada
                    9.4.4.3 Mexico
    9.5 South America
           9.5.1 By Vessel Type
                    9.5.1.1 By Volume
                    9.5.1.2 By Value
           9.5.2 By Application
           9.5.3 By End User
           9.5.4 By Country
                    9.5.4.1 Brazil
                    9.5.4.2 Venezuela
                    9.5.4.3 Rest of South America
    9.6 Europe
           9.6.1 By Vessel Type
                    9.6.1.1 By Volume
                    9.6.1.2 By Value
           9.6.2 By Application
           9.6.3 By End User
           9.6.4 By Country
                    9.6.4.1 Norway
                    9.6.4.2 UK
                    9.6.4.3 Netherlands
                    9.6.4.4 Rest of Europe
    9.7 Middle East
           9.7.1 By Vessel Type
                    9.7.1.1 By Volume
                    9.7.1.2 By Value
           9.7.2 By Application
           9.7.3 By End User
           9.7.4 By Country
                    9.7.4.1 Saudi Arabia
                    9.7.4.2 UAE
                    9.7.4.3 Qatar
                    9.7.4.4 Rest of the Middle East
    9.8 Africa
           9.8.1 By Vessel Type
                    9.8.1.1 By Volume
                    9.8.1.2 By Value
           9.8.2 By Application
           9.8.3 By End User
           9.8.4 By Country
                    9.8.4.1 Nigeria
                    9.8.4.2 Angola
                    9.8.4.3 Rest of Africa

10 Competitive Landscape (Page No. - 116)
     10.1 Introduction
     10.2 Ranking of Players and Industry Concentration, 2016
     10.3 Competitive Scenario
             10.3.1 New Product Developments
             10.3.2 Investments & Expansions
             10.3.3 Mergers & Acquisitions
             10.3.4 Contracts & Agreements
             10.3.5 Others (Partnerships/Collaborations/Joint Ventures)

11 Company Profiles (Page No. - 121)
     11.1 Benchmarking
(Business Overview, Products Offered, Recent Developments, Mnm View)* 
     11.2 Bourbon
     11.3 Maersk
     11.4 Seacor Marine
     11.5 Tidewater
     11.6 SIEM Offshore
     11.7 Grupo CBO
     11.8 Gulfmark
     11.9 Havila
     11.10 Solstad
     11.11 Swire
     11.12 Tayrona Offshore
     11.13 Vroon Group
*Details on Business Overview, Products Offered, Recent Developments, Mnm View Might Not Be Captured in Case of Unlisted Companies. 

12 Appendix (Page No. - 175)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’  Subscription Portal
     12.4 Introducing Rt: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (103 Tables)

Table 1 Global Offshore Support Vessel Industry Snapshot
Table 2 Major Offshore Projects & Contracts
Table 3 Cabotage Laws for Offshore Activities
Table 4 Supply Side: Offshore Vessel Market Size, By Type, 2016–2023 (Units)
Table 5 Demand Side: Offshore Vessel Market Size, By Type, 2016–2023 (Units)
Table 6 Market Size, By Type, 2016–2023 (USD Million)
Table 7 Supply Side: Anchor Handling Tug Supply Vessel (AHTS) Market Size, By Region, 2016–2023 (Units)
Table 8 Demand Side: Anchor Handling Tug Supply Vessel (AHTS) Market Size, By Region, 2016–2023 (Units)
Table 9 Anchor Handling Tug Supply Vessel: Market Size, By Region, 2016–2023 (USD Million)
Table 10 Supply Side: Platform Supply Vessel (PSV) Market Size, By Region, 2016–2023 (Units)
Table 11 Demand Side: Platform Supply Vessel (PSV) Market Size, By Region, 2016–2023 (Units)
Table 12 Platform Supply Vessel (PSV): Market Size, By Region, 2016–2023 (USD Million)
Table 13 Supply Side: Multipurpose Support Vessel (MPSV) Market Size, By Region, 2016–2023 (Units)
Table 14 Demand Side: Multipurpose Support Vessel (MPSV) Market Size, By Region, 2016–2023 (Units)
Table 15 Multipurpose Support Vessel (MPSV) Market: Market Size, By Region, 2016–2023 (USD Million)
Table 16 Supply Side: Standby & Rescue Vessel Market Size, By Region, 2016–2023 (Units)
Table 17 Demand Side: Standby & Rescue Vessel Market Size, By Region, 2016–2023 (Units)
Table 18 Standby & Rescue Vessel: Market Size, By Region, 2016–2023 (USD Million)
Table 19 Supply Side: Crew Vessel Market Size, By Region, 2016–2023 (Units)
Table 20 Demand Side: Crew Vessel Market Size, By Region, 2016–2023 (Units)
Table 21 Crew Vessel: Market Size, By Region, 2016–2023 (USD Million)
Table 22 Supply Side: Seismic Vessel Market Size, By Region, 2016–2023 (Units)
Table 23 Demand Side: Seismic Vessel Market Size, By Region, 2016–2023 (Units)
Table 24 Seismic Vessel: Market Size, By Region, 2016–2023 (USD Million)
Table 25 Supply Side: Chase Vessel Market Size, By Region, 2016–2023 (Units)
Table 26 Demand Side: Chase Vessel Market Size, By Region, 2016–2023 (Units)
Table 27 Chase Vessel: Market Size, By Region, 2016–2023 (USD Million)
Table 28 Supply Side: Market Size, By Region, 2016–2023 (Units)
Table 29 Demand Side: Market Size, By Region, 2016–2023 (Units)
Table 30 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 31 Market Size, By Application, 2016–2023 (USD Million)
Table 32 Shallow Water: Market Size, By Region, 2016–2023 (USD Million)
Table 33 Deepwater: Market Size, By Region, 2016–2023 (USD Million)
Table 34 OSV Market Size, By End User, 2016–2023 (USD Million)
Table 35 Oil & Gas: Offshore Support Vessel Size, By Region, 2016–2023 (USD Million)
Table 36 Offshore Wind: Market Size, By Region, 2016–2023 (USD Million)
Table 37 Supply Side: Market Size, By Region, 2016–2023 (Units)
Table 38 Demand Side: Market Size, By Region, 2016–2023 (Units)
Table 39 Market Size, 2016–2023 (USD Million)
Table 40 Supply Side: Asia Pacific Market Size, By Type, 2016–2023 (Units)
Table 41 Demand Side: Asia Pacific Market Size, By Type, 2016–2023 (Units)
Table 42 Asia Pacific: Market Size, By Type, 2016–2023 (USD Million)
Table 43 Asia Pacific: OSV Market Size, By Application, 2016–2023 (USD Million)
Table 44 Asia Pacific: Market Size, By End User, 2016–2023 (USD Million)
Table 45 Asia Pacific: Market Size, By Country, 2016–2023 (USD Million)
Table 46 India: Market Size, By End User, 2016–2023 (USD Million)
Table 47 China: Market Size, By End User, 2016–2023 (USD Million)
Table 48 Thailand: Market Size, By End User, 2016–2023 (USD Million)
Table 49 Malaysia: Market Size, By End User, 2016–2023 (USD Million)
Table 50 Vietnam: Market Size, By End User, 2016–2023 (USD Million)
Table 51 Rest of Asia Pacific: Market Size, By End User, 2016–2023 (USD Million)
Table 52 Supply Side: North America Market Size, By Type, 2016–2023 (Units)
Table 53 Demand Side: North America Market Size, By Type, 2016–2023 (Units)
Table 54 North America: Market Size, By Type, 2016–2023 (USD Million)
Table 55 North America: OSV Market Size, By Application, 2016–2023 (USD Million)
Table 56 North America: Market Size, By End User, 2016–2023 (USD Million)
Table 57 North America: Market Size, By Country, 2016–2023 (USD Million)
Table 58 US: Market Size, By End User, 2016–2023 (USD Million)
Table 59 Canada: Market Size, By End User, 2016–2023 (USD Million)
Table 60 Mexico: Market Size, By End User, 2016–2023 (USD Million)
Table 61 Supply Side: South America Market Size, By Type, 2016–2023 (Units)
Table 62 Demand Side: South America Market Size, By Type, 2016–2023 (Units)
Table 63 South America: OSV Market Size, By Type, 2016–2023 (USD Million)
Table 64 South America: Market Size, By Application, 2016–2023 (USD Million)
Table 65 South America: Market Size, By End User, 2016–2023 (USD Million)
Table 66 South America: Market Size, By Country, 2016–2023 (USD Million)
Table 67 Brazil: Market Size, By End User, 2016–2023 (USD Million)
Table 68 Venezuela: Market Size, By End User, 2016–2023 (USD Million)
Table 69 Rest of South America: Market Size, By End User, 2016–2023 (USD Million)
Table 70 Supply Side: Europe Market Size, By Type, 2016–2023 (Units)
Table 71 Demand Side: Europe Market Size, By Type, 2016–2023 (Units)
Table 72 Europe: Market Size, By Type, 2016–2023 (USD Million)
Table 73 Europe: Market Size, By Application, 2016–2023 (USD Million)
Table 74 Europe: Market Size, By End User, 2016–2023 (USD Million)
Table 75 South America: OSV Market Size, By Country, 2016–2023 (USD Million)
Table 76 Norway: Market Size, By End User, 2016–2023 (USD Million)
Table 77 UK: Market Size, By End User, 2016–2023 (USD Million)
Table 78 Netherlands: Market Size, By End User, 2016–2023 (USD Million)
Table 79 Rest of Europe: Market Size, By End User, 2016–2023 (USD Million)
Table 80 Supply Side: Middle East Market Size, By Type, 2016–2023 (Units)
Table 81 Demand Side: Middle East Market Size, By Type, 2016–2023 (Units)
Table 82 Middle East: Market Size, By Type, 2016–2023 (USD Million)
Table 83 Middle East: Market Size, By Application, 2016–2023 (USD Million)
Table 84 Middle East: Market Size, By End User, 2016–2023 (USD Million)
Table 85 Middle East: Market Size, By Country, 2016–2023 (USD Million)
Table 86 South Arabia: Market Size, By End User, 2016–2023 (USD Million)
Table 87 UAE: Market Size, By End User, 2016–2023 (USD Million)
Table 88 Qatar: Market Size, By End User, 2016–2023 (USD Million)
Table 89 Rest of the Middle East: Market Size, By End User, 2016–2023 (USD Million)
Table 90 Supply Side: Africa Market Size, By Type, 2016–2023 (Units)
Table 91 Demand Side: Africa Market Size, By Type, 2016–2023 (Units)
Table 92 Africa: Market Size, By Type, 2016–2023 (USD Million)
Table 93 Africa: Market Size, By Application, 2016–2023 (USD Million)
Table 94 Africa: Market Size, By End User, 2016–2023 (USD Million)
Table 95 Africa: Market Size, By Country, 2016–2023 (USD Million)
Table 96 Nigeria: Market Size, By End User, 2016–2023 (USD Million)
Table 97 Angola: Market Size, By End User, 2016–2023 (USD Million)
Table 98 Rest of Africa: Market Size, By End User, 2016–2023 (USD Million)
Table 99 New Product Developments, 2017–2018
Table 100 Investments & Expansions, 2015–2016
Table 101 Mergers & Acquisitions, 2016
Table 102 Contracts & Agreements, 2017
Table 103 Others (Partnerships/Collaborations/Joint Ventures), 2016–2018


List of Figures (43 Figures)

Figure 1 Markets Covered: OSV Market
Figure 2 Offshore Support Vessel: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Asia Pacific Dominated the Offshore Support Vessel Industry in 2017
Figure 8 Anchor Handling Tug Supply (AHTS) Segment is Expected to Dominate the OSV Market During the Forecast Period
Figure 9 Shallow Water Segment to Dominate the OSV Market During the Forecast Period
Figure 10 Oil & Gas End User Segment to Dominate the Offshore Support Vessel Industry During the Forecast Period
Figure 11 Robust Investments in the Offshore Oil & Gas and Renewable Sectors is Driving the Offshore Support Vessel Industry During the Forecast Period
Figure 12 China is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 Offshore Wind Segment is Expected to Grow at the Highest Rate During the Forecast Period
Figure 14 Anchor Handling Tug Supply (AHTS) Segment is Expected to Dominate the Offshore Support Vessel Industry, During the Forecast Period
Figure 15 Shallow OSV Segment Held the Largest Market Share in 2017
Figure 16 Market Share (Value), By Application, 2018–2023
Figure 17 Offshore Support Vessels Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Europe’s Cumulative Installed Offshore Wind Capacity (2010–2017)
Figure 19 Cumulative Installed Capacity Share By Sea Basin (2010–2017)
Figure 20 Average Day Rates Per Supply Dead Weight Tonnage
Figure 21 West Texas Intermediate (Wti) Crude Oil Price, 2013–2017
Figure 22 Average Utilization Rate Per Supply Dwt
Figure 23 Platform Supply Vessel to Rigs Ratio
Figure 24 Anchor Handling Tug Supply Vessel (AHTS) is Estimated to Be the Largest Segment for the Offshore Support Vessel Industry, By Type, in 2018 (Value)
Figure 25 Shallow Water is Estimated to Be the Largest Segment for the OSV Market, 2018–2023
Figure 26 Oil & Gas Segment is Expected to Have the Largest Offshore Support Vessel Industry Share During the Forecast Period (Value)
Figure 27 North America is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Asia Pacific Was the Largest Market for Offshore Support Vessels, By Region, 2017 (Value)
Figure 29 Asia Pacific: Market Snapshot
Figure 30 US Accounted for the Largest Market Share in North America in 2017
Figure 31 Europe: Market Snapshot
Figure 32 Key Developments in the Offshore Support Vessel Industry, January 2014–March 2018
Figure 33 Bourbon Led the Market for Offshore Support Vessels in 2016
Figure 34 Bourbon: Company Snapshot
Figure 35 Maersk: Company Snapshot
Figure 36 Seacor: Company Snapshot
Figure 37 Tidewater: Company Snapshot
Figure 38 SIEM: Company Snapshot
Figure 39 Grupo CBO: Company Snapshot
Figure 40 Gulfmark: Company Snapshot
Figure 41 Havila: Company Snapshot
Figure 42 Solstad: Company Snapshot
Figure 43 Swire: Company Snapshot


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EP 2894
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Oct, 2019
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