PUBLISHER: TechNavio (Infiniti Research Ltd.) | PRODUCT CODE: 1066525
PUBLISHER: TechNavio (Infiniti Research Ltd.) | PRODUCT CODE: 1066525
Technavio has been monitoring the offshore support vessel market and it is poised to grow by $ 443.04 mn during 2022-2026, decelerating at a CAGR of 5.31% during the forecast period. Our report on the offshore support vessel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising in global demand for oil and natural gas, a rise in deep-water and ultra-deep-water E and P activities, and an increase in global offshore oil and gas exploration activities.
The offshore support vessel market analysis includes product segment and geographic landscape.
Technavio's offshore support vessel market is segmented as below:
By Product
By Geographical Landscape
This study identifies the reduction in the cost of offshore E and P activities as one of the prime reasons driving the offshore support vessel market growth during the next few years. Also, overcapacity in the global offshore support vessel market and rapidly increasing demand for offshore support vessels used in e and p and well development will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the offshore support vessel market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore support vessel market vendors that include 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. Also, the offshore support vessel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.