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Global Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Forecast to 2026

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    Report

  • 258 Pages
  • June 2021
  • Region: Global
  • Markets and Markets
  • ID: 5354331

FEATURED COMPANIES

  • Bourbon
  • GC Rieber
  • Kawasaki Kisen Kaisha
  • Nam Cheong Limited
  • Seacor Marine
  • Swire Pacific

The offshore support vessel market is projected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, from 2021 to 2026. The growth of the market is also attributed to the increase in exploration activities in ultra-deepwaters and the Arctic region, in countries such as the US, Canada, and Norway.




Also, a growing focus on the European Union’s (EU) renewable energy targets would result in increasing the demand for offshore wind energy in Europe. Thus, the growth in deployment of offshore wind farms would be the opportunity for the offshore support vessel market during the forecast period. Oversupply of offshore vessels acts as a restraint for the growth of the market during the forecast year.

The AHTS segment is expected to hold the largest share of the offshore support vessel market, by type, during the forecast period

Anchor-handling tug supply (AHTS) vessels constitute the largest segment of the offshore support vessel market, by type, in terms of volume as well as value. AHTS vessels are designed to provide anchor-handling and towage services and are also used for supplying deck cargo, water, fuel, dry bulk, and mud-to-oil rigs and platforms. These vessels can also be used for emergencies and are well equipped for firefighting, rescue, and oil recovery operations.


The demand from Asia Pacific and Europe is projected to drive the market for AHTS vessels during the forecast period. Countries such as Vietnam, Malaysia, Thailand, and Australia increased their E&P activities in offshore areas in the recent past. Malaysia is the largest contributor to the short-term oil & gas production growth mainly due to the Kebabangan Gas Project. The global AHTS market dominated the global offshore support vessel market owing to increasing shallow-water activities in the Asia Pacific region.

North America: The fastest market for offshore support vessels

The North American market is projected to be the fastest-growing market, during the forecast period, owing to the continued production and exploration activities, particularly in the US and the Gulf of Mexico. As oil prices remain stable, the North American market will grow at the highest pace, as it will witness the fastest rise in exploration and production spending in response to any future recovery in oil prices, with its well-developed offshore industry. Moreover, significant reserves and a comparatively stable political environment have further supported the growth of the offshore support vessel market in the region.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1 - 55%, Tier 2 - 25%, Tier 3 - 20%
  • By Designation: C-Level - 35%, D Level - 30%, Others* - 35%
  • By Region: North America - 20%, Asia Pacific - 25%, Europe - 20%, Middle East - 15%, Africa - 10%, South America - 10%

*'Others' includes sales managers, engineers, and regional managers.

The tiers of the companies are defined based on their total revenue as of 2019 - Tier 1: USD 1 billion; Tier 2: From USD 1 billion to USD 500 million; Tier 3: Key players in the offshore support vessel market DOF group (Norway), Solstad Offshore (Norway), Tidewater(US), Maersk(Denmark), and Siem Offshore (Norway).

Study Coverage:

The report defines, describes, and forecasts the offshore support vessel market, by type, application, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the offshore support vessel market.

Key Benefits of Buying the Report


  • The report identifies and addresses key markets for the deployment of offshore support vessels in various industries, which would help OSV providers review the growth in demand.
  • The report helps solution providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.
  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
Frequently Asked Questions about the Global Offshore Support Vessel Market

What is the estimated value of the Global Offshore Support Vessel Market?

The Global Offshore Support Vessel Market was estimated to be valued at $22.0 Billion in 2021.

What is the growth rate of the Global Offshore Support Vessel Market?

The growth rate of the Global Offshore Support Vessel Market is 4.0%, with an estimated value of $26.8 Billion by 2026.

What is the forecasted size of the Global Offshore Support Vessel Market?

The Global Offshore Support Vessel Market is estimated to be worth $26.8 Billion by 2026.

Who are the key companies in the Global Offshore Support Vessel Market?

Key companies in the Global Offshore Support Vessel Market include Bourbon, DOF Group, Edison Chouest offshore, GC Rieber, Grupo CBO, Harvey Gulf International Marine, Havila Shipping, Kawasaki Kisen Kaisha and Maersk.
Report AttributeDetails
No. of Pages258
PublishedJune 2021
Forecast Period2021 - 2026
Estimated Market Value ( USD ) in 2021 $ 22 Billion
Forecasted Market Value ( USD ) by 2026 $ 26.8 Billion
Compound Annual Growth Rate4.0%

FEATURED COMPANIES

  • Bourbon
  • GC Rieber
  • Kawasaki Kisen Kaisha
  • Nam Cheong Limited
  • Seacor Marine
  • Swire Pacific

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Offshore Support Vessel Market: Inclusions & Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
Figure 1 Market Covered: Offshore Support Vessel Market
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitation
1.6 Stakeholders
1.7 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Offshore Support Vessel Market: Research Design
2.1.1 Market Breakdown & Data Triangulation
Figure 3 Data Triangulation Methodology
2.1.2 Secondary Data
2.1.2.1 Key data from secondary sources
2.1.3 Primary Data
2.1.3.1 Key industry insights
2.1.3.2 Breakdown of primaries
Figure 4 Breakdown of Primary Interviews, by Company Type, Designation, & Region
Table 1 Offshore Support Vessel Market: Players/Companies Connected
2.2 Impact of COVID-19 On Oil & Gas Industry
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.4 Demand-Side Metrics
Figure 7 Main Metrics Considered While Constructing and Assessing Demand for offshore Support Vessel
2.4.1 Research Assumptions for Demand-Side Metrics
2.4.2 Limitations for Demand-Side Metrics
2.5 Supply-Side Analysis
Figure 8 Key Steps Considered for Assessing Supply of Offshore Support Vessels
Figure 9 Offshore Support Vessels Market: Supply-Side Analysis, 2020
2.5.1 Calculations for Supply Side
2.5.2 Assumptions for Supply Side
2.5.2.1 Key primary insights for supply side
2.6 Forecast
3 Executive Summary
Table 2 Global offshore Support Vessel Market Snapshot
Figure 10 Ahts Segment Is Expected To Continue To Account for Largest Size of Offshore Support Vessel Market During forecast Period
Figure 11 Shallow Water Segment Held Larger Share of Offshore Support Vessel Market In 2020
Figure 12 Offshore Wind Segment To Grow At Higher CAGR In offshore Support Vessel From 2021 To 2026
Figure 13 Asia Pacific Dominated offshore Support Vessel Market In 2020
4 Premium Insights
4.1 Attractive Market Opportunities In offshore Support Vessel Market
Figure 14 Increased Ultra-Deepwater Exploration Activities, Especially In Arctic Region Is Expective To Drive offshore Support Vessel Market Growth During forecast Period
4.2 Offshore Support Vessel Market, by Type
Figure 15 Ahts Segment Is Expected To Continue To Account for Largest Share of Offshore Support Vessel Market During forecast Period
4.3 Offshore Support Vessel Market, by Application
Figure 16 Shallow Water Segment Is Expected To Continue To Account for Larger Share of Market During forecast Period
4.4 Offshore Support Vessel Market, by End User
Figure 17 Oil & Gas Segment To Dominate Market During forecast Period
4.5 Offshore Support Vessel Market, by Region
Figure 18 Asia Pacific To Grow At Highest CAGR During forecast Period
4.6 Offshore Support Vessel Market In Asia Pacific, by End User and Country
Figure 19 Oil & Gas Segment and India Dominated offshore Support Vessel Market In Asia Pacific In 2020
5 Market Overview
5.1 Introduction
5.2 COVID-19 Health Assessment
Figure 20 COVID-19: Global Propagation
Figure 21 COVID-19 Propagation In Select Countries
5.3 Road To Recovery
Figure 22 Recovery Road for In 2020
5.4 COVID-19 Economic Assessment
Figure 23 Revised Gdp forecast for Select G20 Countries In 2020
5.5 Market Dynamics
Figure 24 Offshore Support Vessel Market: Drivers, Restraints, Opportunities, and Challenges
5.5.1 Drivers
5.5.1.1 Increasing investments for offshore wind farm construction, combined with development of offshore oil & gas reserves
Table 3 Major offshore Projects & Contracts
Figure 25 Europe’S Cumulative Installed offshore Wind Capacity, 2011-2020
Figure 26 Cumulative Installed Capacity Share, by Sea Basin (2020)
5.5.2 Restraints
5.5.2.1 Fluctuating oil prices and huge capital requirements for offshore projects
Figure 27 West Texas Intermediate (Wti) Crude Oil Price, January 2018-March 2021
5.5.2.2 Oversupply of vessels due to declined demand for OSVs
Figure 28 North Sea Spot Average Utilization Rate
5.5.3 Opportunities
5.5.3.1 Aging offshore infrastructure leading to replacements and decommissions
5.5.3.2 Increased ultra-deepwater exploration activities, especially in Arctic region
5.5.4 Challenges
5.5.4.1 High operational risks for OSVs due to extreme offshore climatic conditions
5.5.4.2 Growing stringency of regulations for offshore activities in key regions
Table 4 Cabotage Laws for offshore Activities
5.5.4.3 Impact of COVID-19 on offshore support vessel industry
5.6 Trends
5.6.1 Revenue Shift and New Revenue Pockets In offshore Support Vessel
Figure 29 Revenue Shift for offshore Support Vessel Providers
5.7 Market Map
Figure 30 Offshore Support Vessels Market Map
5.8 Average Day Rate
Table 5 Offshore Support Vessel Market: North Sea Average Rates (USD)
5.9 Supply Chain Overview
Figure 31 Offshore Support Vessel Market Supply Chain
Table 6 Offshore Support Vessel Market: Supply Chain/Ecosystem
5.9.1 Key Influencers
5.9.1.1 Offshore support vessel providers
5.9.1.2 Brokers
5.9.1.3 End users
5.10 Case Study Analysis
5.10.1 Offshore Support Vessel Boarded With Battery Energy Storage System
5.10.1.1 Eidesvik offshore equipped its OSV with onboard battery energy storage system to reduce fuel consumption
5.10.1.1.1 Objective
5.10.1.1.2 Solution statement
5.11 Porter’S Five forces Analysis
Figure 32 Porter’S Five forces Analysis for offshore Support Vessel Market
Table 7 Offshore Support Vessel Market: Porter’S Five forces Analysis
5.11.1 Threat of Substitutes
5.11.2 Bargaining Power of Suppliers
5.11.3 Bargaining Power of Buyers
5.11.4 Threat of New Entrants
5.11.5 Intensity of Competitive Rivalry
6 Offshore Support Vessel Market, by Type
6.1 Introduction
Figure 33 Anchor Handling Tug Supply Vessel Segment Accounted for Largest Share of Offshore Support Vessel Market, by Type, In 2020 (Value)
6.2 Volume & Value Market Analysis
6.2.1 By Volume
Table 8 Supply Side: Offshore Support Vessel Market, by Type, 2016-2019 (Units)
Table 9 Supply Side: Offshore Support Vessel Market, by Type, 2020-2026 (Units)
Table 10 Demand Side: Offshore Support Vessel Market, by Type, 2016-2019 (Units)
Table 11 Demand Side: Offshore Support Vessel Market, by Type, 2020-2026 (Units)
6.2.2 By Value
Table 12 Offshore Support Vessel Market, by Type, 2016-2019 (USD Million)
Table 13 Offshore Support Vessel Market, by Type, 2020-2026 (USD Million)
6.3 Anchor Handling Tug Supply Vessel
6.3.1 Rising Shallow Water Activities Drive Demand for Anchor Handling Tug Supply Vessels
6.3.2 By Volume
Table 14 Supply Side: Anchor Handling Tug Supply Vessel Market, by Region, 2016-2019 (Units)
Table 15 Supply Side: Anchor Handling Tug Supply Vessel Market, by Region, 2020-2026 (Units)
Table 16 Demand Side: Anchor Handling Tug Supply Vessel Market, by Region, 2016-2019 (Units)
Table 17 Demand Side: Anchor Handling Tug Supply Vessel Market, by Region, 2020-2026 (Units)
6.3.3 By Value
Table 18 Anchor Handling Tug Supply Vessel Market, by Region, 2016-2019 (USD Million)
Table 19 Anchor Handling Tug Supply Vessel Market, by Region, 2020-2026 (USD Million)
6.4 Platform Supply Vessel
6.4.1 Increasing offshore Drilling Operations Generate Demand for Platform Supply Vessels
6.4.2 By Volume
Table 20 Supply Side: Platform Supply Vessel Market, by Region,2016-2019 (Units)
Table 21 Supply Side: Platform Supply Vessel Market, by Region, 2020-2026 (Units)
Table 22 Demand Side: Platform Supply Vessel Market, by Region, 2016-2019 (Units)
Table 23 Demand Side: Platform Supply Vessel Market, by Region, 2020-2026 (Units)
6.4.3 By Value
Table 24 Platform Supply Vessel Market, by Region, 2016-2019 (USD Million)
Table 25 Platform Supply Vessel Market, by Region, 2020-2026 (USD Million)
6.5 Multi-Purpose Support Vessel
6.5.1 Surging Investments In Subsea Oil & Gas Developments To Fuel Demand for Multi-Purpose Support Vessels
6.5.2 By Volume
Table 26 Supply Side: Multi-Purpose Support Vessel Market, by Region, 2016-2019 (Units)
Table 27 Supply Side: Multi-Purpose Support Vessel Market, by Region, 2020-2026 (Units)
Table 28 Demand Side: Multi-Purpose Support Vessel Market, by Region, 2016-2019 (Units)
Table 29 Demand Side: Multi-Purpose Support Vessel Market, by Region, 2020-2026 (Units)
6.5.3 By Value
Table 30 Multi-Purpose Support Vessel Market, by Region, 2016-2019 (USD Million)
Table 31 Multi-Purpose Support Vessel Market, by Region, 2020-2026 (USD Million)
6.6 Standby & Rescue Vessel
6.6.1 Growing Stringency of Safety and offshore Operation Regulations Substantiate Demand for Standby and Rescue Vessels
6.6.2 By Volume
Table 32 Supply Side: Standby & Rescue Vessel Market, by Region, 2016-2019 (Units)
Table 33 Supply Side: Standby & Rescue Vessel Market, by Region, 2020-2026 (USD Million)
Table 34 Demand Side: Standby & Rescue Vessel Market, by Region, 2016-2019 (Units)
Table 35 Demand Side: Standby & Rescue Vessel Market, by Region, 2020-2026 (Units)
6.6.3 By Value
Table 36 Standby & Rescue Vessel Market, by Region, 2016-2019 (USD Million)
Table 37 Standby & Rescue Vessel Market, by Region, 2020-2026 (USD Million)
6.7 Crew Vessel
6.7.1 Increasing Number of Offshore Rigs In Asia Pacific and Middle East Is Expected To Propel Growth of Market Crew Vessel Market
6.7.2 By Volume
Table 38 Supply Side: Crew Vessel Market, by Region, 2016-2019 (Units)
Table 39 Supply Side: Crew Vessel Market, by Region, 2020-2026 (Units)
Table 40 Demand Side: Crew Vessel Market, by Region, 2016-2019 (Units)
Table 41 Demand Side: Crew Vessel Market, by Region, 2020-2026 (Units)
6.7.3 By Value
Table 42 Crew Vessel Market, by Region, 2016-2019 (USD Million)
Table 43 Crew Vessel Market, by Region, 2020-2026 (USD Million)
6.8 Seismic Vessel
6.8.1 Unrelenting Efforts To Locate Undiscovered Oil and Gas Reserves To Drive Demand for Seismic Vessels
6.8.2 By Volume
Table 44 Supply Side: Seismic Vessel Market, by Region, 2016-2019 (Units)
Table 45 Supply Side: Seismic Vessel Market, by Region, 2020-2026 (Units)
Table 46 Demand Side: Seismic Vessel Market, by Region, 2016-2019 (Units)
Table 47 Demand Side: Seismic Vessel Market, by Region, 2020-2026 (Units)
6.8.3 By Value
Table 48 Seismic Vessel Market, by Region, 2016-2019 (USD Million)
Table 49 Seismic Vessel Market, by Region, 2020-2026 (USD Million)
6.9 Chase Vessel
6.9.1 Rising Need for Safety of Operations and Protection of Survey Equipment Augment Demand for Chase Vessels
6.9.2 By Volume
Table 50 Supply Side: Chase Vessel Market, by Region, 2016-2019 (Units)
Table 51 Supply Side: Chase Vessel Market, by Region, 2020-2026 (Units)
Table 52 Demand Side: Chase Vessel Market, by Region, 2016-2019 (Units)
Table 53 Demand Side: Chase Vessel Market, by Region, 2020-2026 (Units)
6.9.3 By Value
Table 54 Chase Vessel Market, by Region, 2016-2019 (USD Million)
Table 55 Chase Vessel Market, by Region, 2020-2026 (USD Million)
6.10 Others
6.10.1 By Volume
Table 56 Supply Side: Other offshore Support Vessel Market, by Region, 2016-2019 (Units)
Table 57 Supply Side: Other offshore Support Vessel Market, by Region, 2020-2026 (Units)
Table 58 Demand Side: Other offshore Support Vessel Market, by Region, 2016-2019 (Units)
Table 59 Demand Side: Other offshore Support Vessel Market, by Region, 2020-2026 (Units)
6.10.2 By Value
Table 60 Other offshore Support Vessel Market, by Region, 2016-2019 (USD Million)
Table 61 Other offshore Support Vessel Market, by Region, 2020-2026 (USD Million)
7 Offshore Support Vessel Market, by Application
7.1 Introduction
Figure 34 Shallow Water Segment Accounted for Larger Share of Offshore Support Vessel Market In 2020
Table 62 Offshore Support Vessel Market, by Application, 2016-2019 (USD Million)
Table 63 Offshore Support Vessel Market, by Application, 2020-2026 (USD Million)
7.2 Shallow Water
7.2.1 Increasing Investments In offshore Shallow Water Activities Is Driving Market Growth
Table 64 Offshore Support Vessel Market for Shallow Water, by Region, 2016-2019 (USD Million)
Table 65 Offshore Support Vessel Market for Shallow Water, by Region, 2020-2026 (USD Million)
7.3 Deepwater
7.3.1 New E&P Activities In Deepwater offshore Areas Are Fueling Market Growth
Table 66 Offshore Support Vessel Market for Deepwater, by Region, 2016-2019 (USD Million)
Table 67 Offshore Support Vessel Market for Deepwater, by Region, 2020-2026 (USD Million)
8 Offshore Support Vessel Market, by End User
8.1 Introduction
Figure 35 Oil & Gas Segment Accounted for Larger Market Share In 2020
Table 68 Offshore Support Vessel Market, by End User, 2016-2019 (USD Million)
Table 69 Offshore Support Vessel Market, by End User, 2020-2026 (USD Million)
8.2 Oil & Gas
8.2.1 Increasing Oil and Gas Decommissioning Projects Fueling Demand for offshore Support Vessels
Table 70 Offshore Support Vessel Market for Oil & Gas, by Region, 2016-2019 (USD Million)
Table 71 Offshore Support Vessel Market for Oil & Gas, by Region, 2020-2026 (USD Million)
8.3 Offshore Wind
8.3.1 Increasing Deployment of Offshore Wind Farms In Europe Is Likely To Increase Demand for offshore Support Vessels
Table 72 Offshore Support Vessel Market for offshore Wind, by Region, 2016-2019 (USD Million)
Table 73 Offshore Support Vessel Market for offshore Wind, by Region, 2020-2026 (USD Million)
9 Geographic Analysis
9.1 Introduction
Figure 36 Offshore Support Vessel Market In Asia Pacific Is Expected To Grow At Highest CAGR During forecast Period
Figure 37 Asia Pacific Held Largest Share of Offshore Support Vessel Market, by Region, In 2020 (Value)
9.2 Volume & Value Market Analysis
9.2.1 By Volume
Table 74 Supply Side: Offshore Support Vessel Market, by Region,2016-2019 (Units)
Table 75 Supply Side: Offshore Support Vessel Market, by Region, 2020-2026 (Units)
Table 76 Demand Side: Offshore Support Vessel Market, by Region, 2016-2019 (Units)
Table 77 Demand Side: Offshore Support Vessel Market, by Region, 2020-2026 (Units)
9.2.2 By Value
Table 78 Offshore Support Vessel Market, by Region, 2016-2019 (USD Million)
Table 79 Offshore Support Vessel Market, by Region, 2020-2026 (USD Million)
9.3 Asia Pacific
Figure 38 Snapshot: Offshore Support Vessel Market In Asia Pacific
9.3.1 By Type
9.3.1.1 By volume
Table 80 Supply Side: Offshore Support Vessel Market In Asia Pacific, by Type, 2016-2019 (Units)
Table 81 Supply Side: Offshore Support Vessel Market In Asia Pacific, by Type, 2020-2026 (Units)
Table 82 Demand Side: Offshore Support Vessel Market In Asia Pacific, by Type, 2016-2019 (Units)
Table 83 Demand Side: Offshore Support Vessel Market In Asia Pacific, by Type, 2020-2026 (Units)
9.3.1.2 By value
Table 84 Offshore Support Vessel Market In Asia Pacific, by Type, 2016-2019 (USD Million)
Table 85 Offshore Support Vessel Market In Asia Pacific, by Type, 2020-2026 (USD Million)
9.3.2 By Application
Table 86 Offshore Support Vessel Market In Asia Pacific, by Application, 2016-2019 (USD Million)
Table 87 Offshore Support Vessel Market In Asia Pacific, by Application, 2020-2026 (USD Million)
9.3.3 By End User
Table 88 Offshore Support Vessel Market In Asia Pacific, by End User, 2016-2019 (USD Million)
Table 89 Offshore Support Vessel Market In Asia Pacific, by End User, 2020-2026 (USD Million)
9.3.4 By Country
Table 90 Offshore Support Vessel Market In Asia Pacific, by Country, 2016-2019 (USD Million)
Table 91 Offshore Support Vessel Market In Asia Pacific, by Country, 2020-2026 (USD Million)
9.3.4.1 India
9.3.4.1.1 Development of oil and gas fields to boost demand for OSVs in India
Table 92 Offshore Support Vessel Market In India, by End User, 2016-2019 (USD Million)
Table 93 Offshore Support Vessel Market In India, by End User, 2020-2026 (USD Million)
9.3.4.2 China
9.3.4.2.1 Deepwater drilling activities and shale exploration & production are likely to drive OSV market growth in China
Table 94 Offshore Support Vessel Market In China, by End User, 2016-2019 (USD Million)
Table 95 Offshore Support Vessel Market In China, by End User, 2020-2026 (USD Million)
9.3.4.3 Thailand
9.3.4.3.1 Rising investments to boost oil & gas production to fuel market growth in Thailand
Table 96 Offshore Support Vessel Market In Thailand, by End User, 2016-2019 (USD Million)
Table 97 Offshore Support Vessel Market In Thailand, by End User, 2020-2026 (USD Million)
9.3.4.4 Malaysia
9.3.4.4.1 Discovery of new oilfields is likely to offer opportunities for OSV market growth in Malaysia
Table 98 Offshore Support Vessel Market In Malaysia, by End User,2016-2019 (USD Million)
Table 99 Offshore Support Vessel Market In Malaysia, by End User, 2020-2026 (USD Million)
9.3.4.5 Vietnam
9.3.4.5.1 Government initiatives to boost oil and gas production to support market growth in Vietnam
Table 100 Offshore Support Vessel Market In Vietnam, by End User, 2016-2019 (USD Million)
Table 101 Offshore Support Vessel Market In Vietnam, by End User, 2020-2026 (USD Million)
9.3.4.6 Rest of Asia Pacific
Table 102 Offshore Support Vessel Market In Rest of Asia Pacific, by End User, 2016-2019 (USD Million)
Table 103 Offshore Support Vessel Market In Rest of Asia Pacific, by End User, 2020-2026 (USD Million)
9.4 Europe
Figure 39 Snapshot: Offshore Support Vessel Market In Europe
9.4.1 By Type
9.4.1.1 By volume
Table 104 Supply Side: Offshore Support Vessel Market In Europe, by Type, 2016-2019 (Units)
Table 105 Supply Side: Offshore Support Vessel Market In Europe, by Type, 2020-2026 (Units)
Table 106 Demand Side: Offshore Support Vessel Market In Europe, by Type, 2016-2019 (Units)
Table 107 Demand Side: Offshore Support Vessel Market In Europe, by Type, 2020-2026 (Units)
9.4.1.2 By value
Table 108 Offshore Support Vessel Market In Europe, by Type, 2016-2019 (USD Million)
Table 109 Offshore Support Vessel Market In Europe, by Type, 2020-2026 (USD Million)
9.4.2 By Application
Table 110 Offshore Support Vessel Market In Europe, by Application, 2016-2019 (USD Million)
Table 111 Offshore Support Vessel Market In Europe, by Application, 2020-2026 (USD Million)
9.4.3 By End User
Table 112 Offshore Support Vessel Market In Europe, by End User, 2016-2019 (USD Million)
Table 113 Offshore Support Vessel Market In Europe, by End User, 2020-2026 (USD Million)
9.4.4 By Country
Table 114 Offshore Support Vessel Market In Europe, by Country, 2016-2019 (USD Million)
Table 115 Offshore Support Vessel Market In Europe, by Country, 2020-2026 (USD Million)
9.4.4.1 Norway
9.4.4.1.1 Growing activities in Norwegian continental shelf to fuel demand for OSVs in Norway
Table 116 Offshore Support Vessel Market In Norway, by End User, 2016-2019 (USD Million)
Table 117 Offshore Support Vessel Market In Norway, by End User, 2020-2026 (USD Million)
9.4.4.2 UK
9.4.4.2.1 Increasing development of offshore wind farms anticipated to drive market for OSVs in UK
Table 118 Offshore Support Vessel Market In UK, by End User, 2016-2019 (USD Million)
Table 119 Offshore Support Vessel Market In UK, by End User, 2020-2026 (USD Million)
9.4.4.3 Netherlands
9.4.4.3.1 Increased focus on offshore windfarm development likely to drive market growth in Netherlands
Table 120 Offshore Support Vessel Market In Netherlands, by End User, 2016-2019 (USD Million)
Table 121 Offshore Support Vessel Market In Netherlands, by End User, 2020-2026 (USD Million)
9.4.4.4 Rest of Europe
Table 122 Offshore Support Vessel Market In Rest of Europe, by End User, 2016-2019 (USD Million)
Table 123 Offshore Support Vessel Market In Rest of Europe, by End User, 2020-2026 (USD Million)
9.5 North America
9.5.1 By Type
9.5.1.1 By volume
Table 124 Supply Side: Offshore Support Vessel Market In North America, by Type, 2016-2019 (Units)
Table 125 Supply Side: Offshore Support Vessel Market In North America,By Type, 2020-2026 (Units)
Table 126 Demand Side: Offshore Support Vessel Market In North America, by Type, 2016-2019 (Units)
Table 127 Demand Side: Offshore Support Vessel Market In North America, by Type, 2020-2026 (Units)
9.5.1.2 By value
Table 128 Offshore Support Vessel Market In North America, by Type, 2016-2019 (USD Million)
Table 129 Offshore Support Vessel Market In North America, by Type, 2020-2026 (USD Million)
9.5.2 By Application
Table 130 Offshore Support Vessel Market In North America, by Application, 2016-2019 (USD Million)
Table 131 Offshore Support Vessel Market In North America, by Application, 2020-2026 (USD Million)
9.5.3 By End User
Table 132 Offshore Support Vessel Market In North America, by End User, 2016-2019 (USD Million)
Table 133 Offshore Support Vessel Market In North America, by End User, 2020-2026 (USD Million)
9.5.4 By Country
Table 134 Offshore Support Vessel Market In North America, by Country, 2016-2019 (USD Million)
Table 135 Offshore Support Vessel Market In North America, by Country, 2020-2026 (USD Million)
9.5.4.1 US
9.5.4.1.1 Increase in offshore farm development to drive demand for OSVs in US
Table 136 Offshore Support Vessel Market In US, by End User, 2016-2019 (USD Million)
Table 137 Offshore Support Vessel Market In US, by End User, 2020-2026 (USD Million)
9.5.4.2 Canada
9.5.4.2.1 Government initiatives for developing renewables sector to boost demand for OSVs in Canada
Table 138 Offshore Support Vessel Market In Canada, by End User, 2016-2019 (USD Million)
Table 139 Offshore Support Vessel Market In Canada, by End User, 2020-2026 (USD Million)
9.5.4.3 Mexico
9.5.4.3.1 Recent discoveries of oil and gas reserves to generate demand for OSVs in Mexico
Table 140 Offshore Support Vessel Market In Mexico, by End User, 2016-2019 (USD Million)
Table 141 Offshore Support Vessel Market In Mexico, by End User, 2020-2026 (USD Million)
9.6 South America
9.6.1 By Type
9.6.1.1 By volume
Table 142 Supply Side: Offshore Support Vessel Market In South America, by Type, 2016-2019 (Units)
Table 143 Supply Side: Offshore Support Vessel Market In South America, by Type, 2020-2026 (Units)
Table 144 Demand Side: Offshore Support Vessel Market In South America, by Type, 2016-2019 (Units)
Table 145 Demand Side: Offshore Support Vessel Market In South America, by Type, 2020-2026 (Units)
9.6.1.2 By value
Table 146 Offshore Support Vessel Market In South America, by Type, 2016-2019 (USD Million)
Table 147 Offshore Support Vessel Market In South America, by Type, 2020-2026 (USD Million)
9.6.2 By Application
Table 148 Offshore Support Vessel Market In South America, by Application, 2016-2019 (USD Million)
Table 149 Offshore Support Vessel Market In South America, by Application, 2020-2026 (USD Million)
9.6.3 By End User
Table 150 Offshore Support Vessel Market In South America, by End User, 2016-2019 (USD Million)
Table 151 Offshore Support Vessel Market In South America, by End User, 2020-2026 (USD Million)
9.6.4 By Country
Table 152 Offshore Support Vessel Market In South America, by Country, 2016-2019 (USD Million)
Table 153 Offshore Support Vessel Market In South America, by Country, 2020-2026 (USD Million)
9.6.4.1 Brazil
9.6.4.1.1 Increasing production activities from new wells to drive OSV market growth in Brazil
Table 154 Offshore Support Vessel Market In Brazil, by End User, 2016-2019 (USD Million)
Table 155 Offshore Support Vessel Market In Brazil, by End User, 2020-2026 (USD Million)
9.6.4.2 Venezuela
9.6.4.2.1 Increasing offshore natural gas projects are likely to create potential demand for OSVs in Venezuela
Table 156 Offshore Support Vessel Market In Venezuela, by End User, 2016-2019 (USD Million)
Table 157 Offshore Support Vessel Market In Venezuela, by End User, 2020-2026 (USD Million)
9.6.4.3 Rest of South America
Table 158 Offshore Support Vessel Market In Rest of South America, by End User, 2016-2019 (USD Million)
Table 159 Offshore Support Vessel Market In Rest of South America, by End User, 2020-2026 (USD Million)
9.7 Africa
9.7.1 By Type
9.7.1.1 By volume
Table 160 Supply Side: Offshore Support Vessel Market In Africa, by Type, 2016-2019 (Units)
Table 161 Supply Side: Offshore Support Vessel Market In Africa, by Type, 2020-2026 (Units)
Table 162 Demand Side: Offshore Support Vessel Market In Africa, by Type, 2016-2019 (Units)
Table 163 Demand Side: Offshore Support Vessel Market In Africa, by Type, 2020-2026 (Units)
9.7.1.2 By value
Table 164 Offshore Support Vessel Market In Africa, by Type, 2016-2019 (USD Million)
Table 165 Offshore Support Vessel Market In Africa, by Type, 2020-2026 (USD Million)
9.7.2 By Application
Table 166 Offshore Support Vessel Market In Africa, by Application, 2016-2019 (USD Million)
Table 167 Offshore Support Vessel Market In Africa, by Application, 2020-2026 (USD Million)
9.7.3 By End User
Table 168 Offshore Support Vessel Market In Africa, by End User,2016-2019 (USD Million)
Table 169 Offshore Support Vessel Market In Africa, by End User, 2020-2026 (USD Million)
9.7.4 By Country
Table 170 Offshore Support Vessel Market In Africa, by Country, 2016-2019 (USD Million)
Table 171 Offshore Support Vessel Market In Africa, by Country, 2020-2026 (USD Million)
9.7.4.1 Nigeria
9.7.4.1.1 Increasing investments for development of offshore facilities to drive market growth in Nigeria
Table 172 Offshore Support Vessel Market In Nigeria, by End User, 2016-2019 (USD Million)
Table 173 Offshore Support Vessel Market In Nigeria, by End User, 2020-2026 (USD Million)
9.7.4.2 Angola
9.7.4.2.1 Increasing deepwater construction activities to offer market growth opportunities in Angola
Table 174 Offshore Support Vessel Market In Angola, by End User, 2016-2019 (USD Million)
Table 175 Offshore Support Vessel Market In Angola, by End User, 2020-2026 (USD Million)
9.7.4.3 Rest of Africa
Table 176 Offshore Support Vessel Market In Rest of Africa, by End User, 2016-2019 (USD Million)
Table 177 Offshore Support Vessel Market In Rest of Africa, by End User, 2020-2026 (USD Million)
9.8 Middle East
9.8.1 By Vessel Type
9.8.1.1 By volume
Table 178 Supply Side: Offshore Support Vessel Market In Middle East, by Type, 2016-2019 (Units)
Table 179 Supply Side: Offshore Support Vessel Market In Middle East, by Type, 2020-2026 (Units)
Table 180 Demand Side: Offshore Support Vessel Market In Middle East, by Type, 2016-2019 (Units)
Table 181 Demand Side: Offshore Support Vessel Market In Middle East, by Type, 2020-2026 (Units)
9.8.1.2 By value
Table 182 Offshore Support Vessel Market In Middle East, by Type, 2016-2019 (USD Million)
Table 183 Offshore Support Vessel Market In Middle East, by Type, 2020-2026 (USD Million)
9.8.2 By Application
Table 184 Offshore Support Vessel Market In Middle East, by Application, 2016-2019 (USD Million)
Table 185 Offshore Support Vessel Market In Middle East, by Application, 2020-2026 (USD Million)
9.8.3 By End User
Table 186 Offshore Support Vessel Market In Middle East, by End User, 2016-2019 (USD Million)
Table 187 Offshore Support Vessel Market In Middle East, by End User, 2020-2026 (USD Million)
9.8.4 By Country
Table 188 Offshore Support Vessel Market In Middle East, by Country, 2016-2019 (USD Million)
Table 189 Offshore Support Vessel Market In Middle East, by Country, 2020-2026 (USD Million)
9.8.4.1 Saudi Arabia
9.8.4.1.1 Increasing production activities in offshore fields to drive demand for OSVs in Saudi Arabia
Table 190 Offshore Support Vessel Market In Saudi Arabia, by End User, 2016-2019 (USD Million)
Table 191 Offshore Support Vessel Market In Saudi Arabia, by End User, 2020-2026 (USD Million)
9.8.4.2 UAE
9.8.4.2.1 Rapid development of new offshore oilfields likely to boost demand for OSVs
Table 192 Offshore Support Vessel Market In UAE, by End User, 2016-2019 (USD Million)
Table 193 Offshore Support Vessel Market In UAE, by End User, 2020-2026 (USD Million)
9.8.4.3 Qatar
9.8.4.3.1 Rising drilling activities are expected to drive demand for OSVs
Table 194 Offshore Support Vessel Market In Qatar, by End User, 2016-2019 (USD Million)
Table 195 Offshore Support Vessel Market In Qatar, by End User, 2020-2026 (USD Million)
9.8.4.4 Rest of Middle East
Table 196 Offshore Support Vessel Market In Rest of Middle East, by End User, 2016-2019 (USD Million)
Table 197 Offshore Support Vessel Market In Rest of Middle East, by End User, 2020-2026 (USD Million)
10 Competitive Landscape
10.1 Introduction
Figure 40 Key Developments In offshore Support Vessel Market, January 2018-May 2021
10.2 Share Analysis of Key Players, 2020
Table 198 Offshore Support Vessel Market: Degree of Competition
Figure 41 Share Analysis of Top Players In offshore Support Vessel Market, 2020
10.3 Market Evaluation Framework
Table 199 Market Evaluation Framework, 2018-2021
10.4 Recent Developments
10.4.1 Offshore Support Vessel Market: Product Launches, January 2018- May 2021
10.4.2 Offshore Support Vessel Market: Deals, January 2018-May 2021
10.5 Competitive Leadership Mapping
10.5.1 Star
10.5.2 Emerging Leader
10.5.3 Pervasive
10.5.4 Participant
Figure 42 Offshore Support Vessel Market: Competitive Leadership Mapping, 2020
Table 200 Company Type Footprint
Table 201 Company End User Footprint
Table 202 Company Regional Footprint
11 Company Profiles
(Business overview, Products offered, Recent developments, MnM view, Key strategies/right to win, Strategic choices made, and Weaknesses and competitive threats)*
11.1 Key Players
11.1.1 Maersk
Table 203 Maersk: Business Overview
Figure 43 Maersk: Company Snapshot
11.1.2 Bourbon
Table 204 Bourbon: Business Overview
11.1.3 Seacor Marine
Table 205 Seacor Marine: Business Overview
Figure 44 Seacor Marine: Company Snapshot
11.1.4 Swire Pacific
Table 206 Swire Pacific: Business Overview
Figure 45 Swire Pacific: Company Snapshot
11.1.5 Tidewater
Table 207 Tidewater: Business Overview
Figure 46 Tidewater: Company Snapshot
11.1.6 Siem offshore
Table 208 Siem offshore: Business Overview
Figure 47 Siem offshore: Company Snapshot
11.1.7 Grupo CBO
Table 209 Grupo CBO: Business Overview
Figure 48 Grupo CBO: Company Snapshot
11.1.8 Havila Shipping
Table 210 Havila Shipping: Business Overview
Figure 49 Havila Shipping: Company Snapshot
11.1.9 Solstad offshore
Table 211 Solstad: Business Overview
Figure 50 Solstad: Company Snapshot
11.1.10 Vroon Group
Table 212 Vroon Group: Business Overview
11.1.11 Kawasaki Kisen Kaisha
Table 213 Kawasaki Kisen Kaisha: Business Overview
Figure 51 Kawasaki Kisen Kaisha: Company Snapshot
11.1.12 Ostensjo Rederi
Table 214 Ostensjo Rederi: Business Overview
11.1.13 Nam Cheong Limited
Table 215 Nam Cheong Limited: Business Overview
Figure 52 Nam Cheong Limited: Company Snapshot
11.1.14 MMA offshore
Table 216 MMA offshore: Business Overview
Figure 53 MMA offshore: Company Snapshot
11.1.15 DOF Group
Table 217 DOF Group Business Overview
Figure 54 DOF Group: Company Snapshot
11.2 Other Players
11.2.1 Harvey Gulf International Marine
11.2.2 PACC offshore Services Holdings
11.2.3 Royal IHC
11.2.4 Edison Chouest offshore
11.2.5 GC Rieber
*Details on Business overview, Products offered, Recent developments, MnM view, Key strategies/right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: The Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
  • Bourbon
  • DOF Group
  • Edison Chouest offshore
  • GC Rieber
  • Grupo CBO
  • Harvey Gulf International Marine
  • Havila Shipping
  • Kawasaki Kisen Kaisha
  • MMA offshore
  • Maersk
  • Nam Cheong Limited
  • Ostensjo Rederi
  • PACC offshore Services Holdings
  • Royal IHC
  • Seacor Marine
  • Siem offshore
  • Solstad offshore
  • Swire Pacific
  • Tidewater
  • Vroon Group

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