Offshore Support Vessels Market By Type (Anchor Handling Tug Supply, Platform Support Vessels, Flat Support Intervention Vessels, Multi-Purpose Support Vessels, Multi-Purpose Support Vessels, Standby And Rescue Vessels, Construction Support Vessels, Other), By Application (Shallow Water, Deep Water), By End-Use Vertical (Oil And Gas, Power), By Fuel (Fuel Oil, Liquefied Natural Gas) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027
"Rising demand for Oil and Gas, increasing offshore drilling and production activities across the globe are the key factors driving the demand for offshore support vessels"
The global offshore support vessels (OSV) market is poised to reach US$ 39.76 Bn by 2027, expanding at a CAGR of 7.8% during the forecast period from 2019 to 2027. Increasing deep and ultra-deep water hydrocarbon exploration and production activities, decommissioning of outdated platforms, and growing numbers of contracted rigs are identified as the major factors driving demand for offshore support vessels (OSV) worldwide. However, several environmental concerns with respect to offshore oil and gas activities, high replacement and maintenance cost of oil rigs, and equipment safety regulations are the major challenges faced by offshore support vessels (OSV) market globally.
"Increasing Demand from the Oil and Gas Industry to Drive Growth Prospects"
Rising Oil & Gas exploration activities for both onshore and offshore have paved a way towards the use of offshore support vessels. The offshore vessels are mostly involved in survey works, exploration, construction, production, decommissioning, maintenance and modernization of production facilities of oil & gas offshore projects. The aforementioned activities are expected to witness a growing demand in wake of growing exploration activities, driving demand for offshore support vessel (OSV) market worldwide.
Increasing number of offshore oil and gas exploration and development activities coupled with the rising investments in offshore projects is expected to increase the deployment of offshore support vessels (OSV). With the rising energy demand, substantial rise in offshore rig counts and contracts for bulk supply of offshore vessels will shape the market demand in the coming years.
"North America to Dominate, Asia Pacific to Witness Strong Growth"
In North America, the U.S. and Gulf of Mexico (GoM) are among the most explored regions for oil and gas productions. Increasing number of oil production units and offshore rig counts is a major driver for the OSV market in this region. In 2018, the U.S. Government allowed for exploration and development of new offshore oil and gas activities in its coastal waters giving a growth opportunity for offshore vessels.
Increasing number of offshore wind power projects in North America is expected to drive the need for related activities like construction, operation, maintenance, etc. which is expected to boost demand for offshore support vessels (OSV) during next few years.
Increasing deep and ultra-deepwater hydrocarbon exploration activities in South China Sea of Asia Pacific are projected to fuel the demand for offshore support vessels (OSV). In Asia Pacific, the mounting exploration and production (E&P) investments will drive the business landscape for offshore support vessels (OSV). In 2019, PERDANA PETROLEUM a Malaysian company has been awarded as a panel contractor by PETRONAS for offering services of drilling rigs, offshore installations, towing and anchor jobs with the help of offshore support vessels (OSVs).
Key Players & Competitive Landscape:
Some of the leading manufacturers profiled in the study includes Edison Chouest Offshore LLC, PACC Offshore Services Holdings Ltd., Bourbon Corporation SA, Tidewater Inc., Maersk Supply Service A/S, Seacor Marine Holdings Inc., Swire Pacific Limited, Hornbeck Offshore Services Inc., Harvey Gulf International Marine LLC, and Solstad Offshore ASA.
Historical & Forecast Period
This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The research study on offshore support vessels market offers market size and forecasts based on market dynamics and predominant trends shaping the industry. The report provides an all-round view of the global offshore support vessels market based on its type, application, end-use, fuel, and geography.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | USD Billion |
| Segmentation |
Type Segment (2017–2027; US$ Bn) |
|
Application Segment (2017–2027; US$ Bn) |
|
|
End-Use Vertical Segment (2017-2027: US$ Bn) |
|
|
Fuel Segment (2017-2027: US$ Bn) |
|
|
Geography Segment (2016–2026; US$ Bn) |
Key questions answered in this report
- What was the global offshore support vessels market size in 2017 & 2018?
- What has estimated forecast and market projections up to 2027?
- Which is largest regional offshore support vessels market?
- Which end-use vertical has the largest penetration of offshore support vessels and related facilities?
- Which are the predominant trends shaping the global offshore support vessels market?
- Which is the most promising, attractive, and less-explored end-use segment in the global offshore support vessels market?
- Who are the leading manufacturers in the global offshore support vessels market?
- What are the premiere strategies adopted by the leading players in the global offshore support vessels market?
1. Preface
1.1. Report Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary Of Global OSV Market
2.1. Snapshot
2.1.1. By Type, 2018 (US$ Bn)
2.1.2. By Application, 2018 (US$ Bn)
2.1.3. By End-Use Vertical, 2018 (US$ Bn)
2.1.4. By Fuel, 2018(US$ Bn)
2.1.5. By Geography, 2018(US$ Bn)
3. Global Offshore Support Vessels (OSV) Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Competitive Landscape
3.5.1. Market Positioning of Leading Offshore Support Vessel Companies, 2018
3.5.2. Strategies Adopted by Leading Offshore Support Vessel Companies
4. Global Offshore Support Vessels (OSV) Market Size (US$ Bn), By Type, 2017 – 2027
4.1. Overview
4.1.1. OSV Market Analysis by Type, 2018 & 2027
4.1.1.1. Anchor Handling Tug Supply (AHTS)
4.1.1.2. Platform Support Vessels (PSV)
4.1.1.3. Flat Support Intervention Vessels (FSIV)
4.1.1.4. Multi-Purpose Support Vessels (MPSV)
4.1.1.5. Standby and Rescue Vessels
4.1.1.6. Construction Support Vessels
4.1.1.7. Other Vessels (Seismic Vessels, Chase Vessels, Installation Vessels, etc.)
5. Global Offshore Support Vessels (OSV) Market Size (US$ Bn), By Application, 2017 – 2027
5.1. Overview
5.1.1. OSV Market Analysis by Application, 2018 & 2027
5.2. Shallow Water
5.3. Deep Water
6. Global Offshore Support Vessels (OSV) Market Size (US$ Bn), By End-Use Vertical, 2017 – 2027
6.1. Overview
6.1.1. OSV Market Analysis by Application, 2018 & 2027
6.2. Oil and Gas
6.3. Power
7. Global Offshore Support Vessels (OSV) Market Size (US$ Bn), By Fuel, 2017 – 2027
7.1. Overview
7.1.1. OSV Market Analysis by Fuel, 2018 & 2027
7.2. Fuel Oil
7.3. Liquefied Natural Gas (LNG)
8. Global Offshore Support Vessels (OSV) Market Size (US$ Bn), By Geography, 2017 – 2027
8.1. North America
8.2. Europe
8.3. Asia Pacific
8.4. Rest of World
9. North America Offshore Support Vessels (OSV) Market Analysis, 2017 – 2027
9.1. Overview
9.2. North America OSV Market Size (US$ Bn), By Type, 2017 – 2027
9.2.1. Anchor Handling Tug Supply (AHTS)
9.2.2. Platform Support Vessels (PSV)
9.2.3. Flat Support Intervention Vessels (FSIV)
9.2.4. Multi-Purpose Support Vessels (MPSV)
9.2.5. Standby and Rescue Vessels
9.2.6. Construction Support Vessels
9.2.7. Other Vessels (Seismic Vessels, Chase Vessels, Installation Vessels, etc.)
9.3. North America OSV Market Size (US$ Bn), By Application, 2017 – 2027
9.3.1. Shallow Water
9.3.2. Deep Water
9.4. North America OSV Market Size (US$ Bn), By End-Use Vertical, 2017 – 2027
9.4.1. Oil and Gas
9.4.2. Power
9.5. North America OSV Market Size (US$ Bn), By Fuel, 2017 – 2027
9.5.1. Fuel Oil
9.5.2. Liquefied Natural Gas (LNG)
9.6. North America OSV Market Size (US$ Bn), By Country, 2017 – 2027
9.6.1. U.S.
9.6.2. Rest of North America
10. Europe Offshore Support Vessels (OSV) Market Analysis, 2017 – 2027
10.1. Overview
10.2. Europe OSV Market Size (US$ Bn), By Type, 2017 – 2027
10.2.1. Anchor Handling Tug Supply (AHTS)
10.2.2. Platform Support Vessels (PSV)
10.2.3. Flat Support Intervention Vessels (FSIV)
10.2.4. Multi-Purpose Support Vessels (MPSV)
10.2.5. Standby and Rescue Vessels
10.2.6. Construction Support Vessels
10.2.7. Other Vessels (Seismic Vessels, Chase Vessels, Installation Vessels, etc.)
10.3. Europe OSV Market Size (US$ Bn), By Application, 2017 – 2027
10.3.1. Shallow Water
10.3.2. Deep Water
10.4. Europe OSV Market Size (US$ Bn), By End-Use Vertical, 2017 – 2027
10.4.1. Oil and Gas
10.4.2. Power
10.5. Europe OSV Market Size (US$ Bn), By Fuel, 2017 – 2027
10.5.1. Fuel Oil
10.5.2. Liquefied Natural Gas (LNG)
10.6. Europe OSV Market Size (US$ Bn), By Country, 2017 – 2027
10.6.1. U.K.
10.6.2. Germany
10.6.3. France
10.6.4. Rest of Europe
11. Asia Pacific Offshore Support Vessels (OSV) Market Analysis , 2017 – 2027
11.1. Overview
11.2. Asia Pacific OSV Market Size (US$ Bn), By Type, 2017 – 2027
11.2.1. Anchor Handling Tug Supply (AHTS)
11.2.2. Platform Support Vessels (PSV)
11.2.3. Flat Support Intervention Vessels (FSIV)
11.2.4. Multi-Purpose Support Vessels (MPSV)
11.2.5. Standby and Rescue Vessels
11.2.6. Construction Support Vessels
11.2.7. Other Vessels (Seismic Vessels, Chase Vessels, Installation Vessels, etc.)
11.3. Asia Pacific OSV Market Size (US$ Bn), By Application, 2017 – 2027
11.3.1. Shallow Water
11.3.2. Deep Water
11.4. Asia Pacific OSV Market Size (US$ Bn), By End-Use Vertical, 2017 – 2027
11.4.1. Oil and Gas
11.4.2. Power
11.5. Asia Pacific OSV Market Size (US$ Bn), By Fuel, 2017 – 2027
11.5.1. Fuel Oil
11.5.2. Liquefied Natural Gas (LNG)
11.6. Asia Pacific OSV Market Size (US$ Bn), By Country, 2017 – 2027
11.6.1. China
11.6.2. India
11.6.3. Japan
11.6.4. Rest of Asia Pacific
12. Rest of the World Offshore Support Vessels (OSV) Market Analysis , 2017 – 2027
12.1. Overview
12.2. Rest of the World OSV Market Size (US$ Bn), By Type, 2017 – 2027
12.2.1. Anchor Handling Tug Supply (AHTS)
12.2.2. Platform Support Vessels (PSV)
12.2.3. Flat Support Intervention Vessels (FSIV)
12.2.4. Multi-Purpose Support Vessels (MPSV)
12.2.5. Standby and Rescue Vessels
12.2.6. Construction Support Vessels
12.2.7. Other Vessels (Seismic Vessels, Chase Vessels, Installation Vessels, etc.)
12.3. Rest of the World OSV Market Size (US$ Bn), By Application, 2017 – 2027
12.3.1. Shallow Water
12.3.2. Deep Water
12.4. Rest of the World OSV Market Size (US$ Bn), By End-Use Vertical, 2017 – 2027
12.4.1. Oil and Gas
12.4.2. Power
12.5. Rest of the World OSV Market Size (US$ Bn), By Fuel, 2017 – 2027
12.5.1. Fuel Oil
12.5.2. Liquefied Natural Gas (LNG)
12.6. Rest of the World OSV Market Size (US$ Bn), By Country, 2017 – 2027
12.6.1. Latin America
12.6.2. Middle East & Africa
13. Company Profiles
13.1. Competitive Dashboard
13.1.1. Bourbon Corporation SA
13.1.2. Maersk Supply Service A/S
13.1.3. Seacor Marine Holdings Inc.
13.1.4. Edison Chouest Offshore LLC
13.1.5. Swire Pacific Limited
13.1.6. Tidewater Inc.
13.1.7. Harvey Gulf International Marine LLC
13.1.8. Solstad Offshore ASA
13.1.9. Hornbeck Offshore Services Inc.
13.1.10. PACC Offshore Services Holdings Ltd.
* Here we are using OSV as a short form of Offshore Support Vessels
TABLE 1 Market Snapshot: Global Offshore Support Vessels (OSV) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America OSV Market Value, By Type of OSV, 2017 - 2027 (US$ Bn)
TABLE 5 North America OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 6 North America OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 7 North America OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 8 North America OSV Market Value, By Country for OSV, 2017 - 2027 (US$ Bn)
TABLE 9 U.S. OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 10 U.S. OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 11 U.S. OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 12 U.S. OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 13 U.S. OSV Market Value, By Country for OSV, 2017 - 2027 (US$ Bn)
TABLE 14 Rest of North America OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 15 Rest of North America OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 16 Rest of North America OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 17 Rest of North America OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 18 Rest of North America OSV Market Value, By Country for OSV, 2017 - 2027 (US$ Bn)
TABLE 19 Europe OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 20 Europe OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 21 Europe OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 22 Europe OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 23 Europe OSV Market Value, By Country for OSV, 2017 - 2027 (US$ Bn)
TABLE 24 U.K. OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 25 U.K. OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 26 U.K. OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 27 U.K. OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 28 France OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 29 France OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 30 France OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 31 France OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 32 Germany OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 33 Germany OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 34 Germany OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 35 Germany OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 36 Rest of Europe OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 37 Rest of Europe OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 38 Rest of Europe OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 39 Rest of Europe OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 40 Asia Pacific OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 41 Asia Pacific OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 42 Asia Pacific OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 43 Asia Pacific OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 44 Asia Pacific OSV Market Value, By Country for OSV, 2017 - 2027 (US$ Bn)
TABLE 45 China OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 46 China OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 47 China OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 48 China OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 49 Japan OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 50 Japan OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 51 Japan OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 52 Japan OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 53 India OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 54 India OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 55 India OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 56 India OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 57 Rest of Asia Pacific OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 58 Rest of Asia Pacifc OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 59 Rest of Asia Pacific OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 60 Rest of Asia Pacific OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 61 Rest of World OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 62 Rest of World OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 63 Rest of World OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 64 Rest of World OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 65 Rest of World OSV Market Value, By Region for OSV, 2017 - 2027 (US$ Bn)
TABLE 66 Latin America OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 67 Latin America OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 68 Latin America OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 69 Latin America OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
TABLE 70 Middle-East and Africa OSV Market Value, By Type for OSV, 2017 - 2027 (US$ Bn)
TABLE 71 Middle-East and Africa OSV Market Value, By Application for OSV, 2017 - 2027 (US$ Bn)
TABLE 72 Middle-East and Africa OSV Market Value, By End-Use Vertical for OSV, 2017 - 2027 (US$ Bn)
TABLE 73 Middle-East OSV Market Value, By Fuel for OSV, 2017 - 2027 (US$ Bn)
FIG. 1 Global Offshore Support Vessels (OSV): Market Segmentation
FIG. 2 Global OSV Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global OSV Market, By Type, 2018 (US$ Bn)
FIG. 5 Global OSV Market, By Application, 2018 (US$ Bn)
FIG. 6 Global OSV Market, By End-Use Vertical, 2018 (US$ Bn)
FIG. 7 Global OSV Market, By Fuel, 2018 (US$ Bn)
FIG. 8 Global OSV Market, By Geography, 2018 (US$ Bn)
FIG. 9 Global OSV Market Value and Growth, 2017 - 2027, (US$ Bn and % Y-o-Y)
FIG. 10 See-Saw Analysis : Global OSV Market
FIG. 11 Market Positioning of Leading OSV Manufacturers, 2018
FIG. 12 Global OSV Market Value Contribution, By Type, 2018 & 2027 (Value %)
FIG. 13 Global Anchor Handling Tug Supply Vessels Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 14 Global Platform Support Vessels Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 15 Global Flat Support Intervention Vessels Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 16 Global Multi-Purpose Support Vessels Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 17 Global Standby and Rescue Vessels Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 18 Global Construction Support Vessels Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 19 Global Other OSV Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 20 Global OSV Market Value Contribution, By Application, 2018 & 2027 (Value%)
FIG. 21 Global Shallow Water OSV Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 22 Global Deep Water OSV Market Value and Growth, 2017 - 2027, (US$ Bn)
FIG. 23 Global OSV Market Value Contribution, By End-Use Vertical, 2018 & 2027, (Value %)
FIG. 24 Global Oil and Gas based OSV Market Value and Growth, 2017 – 2027, (US$ Bn)
FIG. 25 Global Power based OSV Market Value and Growth, 2017 – 2027, (US$ Bn)
FIG. 26 Global OSV Market Value Contribution, By Fuel, 2018 & 2027, (Value %)
FIG. 27 Global Fuel Oil based OSV Market Value and Growth, 2017 – 2027, (US$ Bn)
FIG. 28 Global LNG bsed OSV Market Value and Growth, 2017 – 2027, (US$ Bn)
FIG. 29 North America OSVs Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
FIG. 30 Europe OSV Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
FIG. 31 Asia Pacific OSVs Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
FIG. 32 RoW OSVs Market Value and Growth, 2019 – 2027, (US$ Bn) (Y-o-Y %)
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