Offshore Support Vessel Market Forecast Report 2022: USD 443.04 Million Market Growth Opportunity by 2026| Technavio
NEW YORK , June 22, 2022 /PRNewswire/ -- The "Offshore Support Vessel Market by Product (AHTS, PSV, MPSV, FSIV, and Others) and Geography (APAC, Europe, Middle East, and Africa, North America, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The offshore support vessel market size is expected to increase by USD 443.04 million from 2021 to 2026. However, the growth momentum is likely to decelerate at a CAGR of 5.31%. Technavio categorizes the offshore support vessel market as a part of the global oil and gas exploration and production market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the offshore support vessel market during the forecast period.
Get ready to achieve excellent business outcomes from this exclusive Offshore Support Vessel Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
What is the current trend taking place in the market space?
Which business tactics will influence competitive scenarios along with defining the market's growth potential?
What are market drivers, restraints, and challenges impacting demand & growth of the market?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Offshore Support Vessel Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Offshore Support Vessel Market Forecast Report - Buy Now!
Key Market Dynamics:
Market Driver
Market Challenges
The rise in global demand for oil and natural gas and the rise in deep-water and ultra-deep-water e and p activities are some of the key market drivers. However, factors such as environmental concerns associated with offshore E and P activities will challenge market growth.
The offshore support vessel market report is segmented by Product (AHTS, PSV, MPSV, FSIV, and Others) and Geography (APAC, Europe, Middle East, and Africa, North America, and South America).
Regional Analysis: 34% of the market's growth will originate from APAC during the forecast period. India and China are the key markets for offshore support vessels in APAC. Market growth in this region will be faster than the growth of the market in other regions. The significant increase in investments in drilling activities in countries such as China, India, and Indonesia will facilitate the offshore support vessel market growth in APAC over the forecast period.
Revenue Generation Segment: The offshore support vessel market share growth by the AHTS segment will be significant for revenue generation. The growth is attributed to the significant increase in the global demand for AHTS as upstream companies continue to increase offshore oil and gas exploration activities.
Grab a sample reportfor additional insights into the contribution of all the segments & regional opportunities
Vendor Analysis
The offshore support vessel market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
·
BOURBON Corp.
China Oilfield Services Ltd.
CIMC Raffles Offshore Ltd.
Damen Shipyards Group
Eastern Shipbuilding Group Inc.
Edison Chouest Offshore Co.
Fincantieri Spa
Harvey Gulf International Marine LLC
Hornbeck Offshore Services Inc.
Kawasaki Kisen Kaisha Ltd.
A.P. Moller - Maersk AS
Nam Cheong Dockyard SDN BHD
P and O Maritime Logistics
Siem Offshore Inc.
Singapore Technologies Engineering Ltd.
Solstad Offshore ASA
John Swire and Sons Ltd.
Tidewater Inc.
Zamil Offshore Services Co.
Reliance Industries Ltd.
To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Related Reports:
The fire protection systems market share in India is expected to increase by USD 1.43 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.38%
The oil country tubular goods (OCTG) market share is expected to increase by USD 11.67 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.39%.
Offshore Support Vessel Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Decelerate at a CAGR of 5.31%
Market growth 2022-2026
USD 443.04 million
Market structure
Fragmented
YoY growth (%)
15.59
Performing market contribution
APAC at 34%
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
BOURBON Corp., China Oilfield Services Ltd., CIMC Raffles Offshore Ltd., Damen Shipyards Group, Eastern Shipbuilding Group Inc., Edison Chouest Offshore Co., Fincantieri Spa, Harvey Gulf International Marine LLC, Hornbeck Offshore Services Inc., Kawasaki Kisen Kaisha Ltd., A.P. Moller - Maersk AS, Nam Cheong Dockyard SDN BHD, P and O Maritime Logistics, Siem Offshore Inc., Singapore Technologies Engineering Ltd., Solstad Offshore ASA, John Swire and Sons Ltd., Tidewater Inc., Zamil Offshore Services Co., and Reliance Industries Ltd.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Key Topics Covered:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Product
Exhibit 06: Executive Summary ? Chart on Incremental Growth
Exhibit 07: Executive Summary ? Data Table on Incremental Growth
Exhibit 08: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Bargaining power of buyers ? Impact of key factors in 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants ? Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes ? Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry ? Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
5.1 Market segments
Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product
5.3 AHTS - Market size and forecast 2021-2026
Exhibit 28: Chart on AHTS - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on AHTS - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on AHTS - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on AHTS - Year-over-year growth 2021-2026 (%)
5.4 PSV - Market size and forecast 2021-2026
Exhibit 32: Chart on PSV - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on PSV - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on PSV - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on PSV - Year-over-year growth 2021-2026 (%)
5.5 MPSV - Market size and forecast 2021-2026
Exhibit 36: Chart on MPSV - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on MPSV - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on MPSV - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on MPSV - Year-over-year growth 2021-2026 (%)
5.6 FSIV - Market size and forecast 2021-2026
Exhibit 40: Chart on FSIV - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on FSIV - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on FSIV - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on FSIV - Year-over-year growth 2021-2026 (%)
5.7 Others - Market size and forecast 2021-2026
Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by Product
Exhibit 48: Market opportunity by Product ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 50: Chart on Market share by geography 2021-2026 (%)
Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 52: Chart on Geographic comparison
Exhibit 53: Data Table on Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.6 North America - Market size and forecast 2021-2026
Exhibit 66: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.7 South America - Market size and forecast 2021-2026
Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.8 China - Market size and forecast 2021-2026
Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
7.9 US - Market size and forecast 2021-2026
Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
7.10 Brazil - Market size and forecast 2021-2026
Exhibit 82: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Brazil - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
7.11 Norway - Market size and forecast 2021-2026
Exhibit 86: Chart on Norway - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on Norway - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on Norway - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Norway - Year-over-year growth 2021-2026 (%)
7.12 United Arab Emirates - Market size and forecast 2021-2026
Exhibit 90: Chart on United Arab Emirates - Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on United Arab Emirates - Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on United Arab Emirates - Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on United Arab Emirates - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 94: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 95: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 97: Overview on factors of disruption
9.4 Industry risks
Exhibit 98: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 99: Vendors covered
10.2 Market positioning of vendors
Exhibit 100: Matrix on vendor position and classification
10.3 A.P. Moller - Maersk AS
Exhibit 101: A.P. Moller - Maersk AS - Overview
Exhibit 102: A.P. Moller - Maersk AS - Business segments
Exhibit 103: A.P. Moller - Maersk AS - Key offerings
Exhibit 104: A.P. Moller - Maersk AS - Segment focus
10.4 BOURBON Corp.
Exhibit 105: BOURBON Corp. - Overview
Exhibit 106: BOURBON Corp. - Business segments
Exhibit 107: BOURBON Corp. - Key offerings
Exhibit 108: BOURBON Corp. - Segment focus
10.5 China Oilfield Services Ltd.
Exhibit 109: China Oilfield Services Ltd. - Overview
Exhibit 110: China Oilfield Services Ltd. - Business segments
Exhibit 111: China Oilfield Services Ltd. - Key offerings
Exhibit 112: China Oilfield Services Ltd. - Segment focus
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources
11.5 List of abbreviations
Exhibit 143: List of abbreviations
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Prosolia Energy, a European benchmark as a vertically integrated renewable energy producer, is partnering with Sitetracker, the global asset management software provider for energy and telecommunications firms, to spearhead its expansion across...
TAG Oil Ltd. ("TAG Oil" or the "Company") is pleased to announce that it has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 ("T100") well location. Stages one through three, which are located across...
Oxford-based Lucy Group Ltd, a multinational company that makes the built environment sustainable, has posted record results for the year ending 31st December 2023. Turnover grew by 15% to £359m, while profit before tax increased by 69% to £59m.
In...
IGS Energy, a privately owned energy retailer, announced this week its second grant fund to support nonprofit organizations increasing equitable access to solar energy.In celebration of Earth Month, the Clean Energy for Everyone Grant Program is open...
NT Solar, a national tax credit syndicator with a mission to provide affordable clean energy access through investments in renewables and battery projects with strong ESG attributes, is thrilled to announce a series of four strategic solar tax credit...
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") , one of the largest and most innovative solar module manufacturers in the world, today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December...