Offshore Supply Vessels Market Research Report – Forecast to 2023

Offshore Supply Vessels Market Research Report – Forecast to 2023

ID: MRFR/E&P/1535-HCRR | July, 2018 | Region: Global | 110 pages | Half-Cooked Research Reports

Global Offshore Supply Vessel Market Research Report: Information By Type (Anchor Handling Tug Supply, Platform Supply, Multipurpose Support, Standby & Rescue, And Seismic), By Applications (Shallow Water And Deepwater) And By Regions–Forecast Till 2023


Market Scenario


Offshore support vessels are vessels that principally serve operational purposes such as construction work at site, task related to oil exploration at offshore, Which not only help in exploration, production and drilling of resources but for supporting all the activities related construction and excavation located at offshore. These vessels also offer the transfer and relieving of crew member at site as and when required. They’re mainly classified in oil exploration and drilling vessel, offshore production vessel, offshore support vessel and special purpose vessel.


During the last decade, the offshore industry has extended, which led the demand of offshore support vessel for carrying out the operations essential for drilling rigs, moor or fix platforms.


The global offshore support vessel market is projected to reach USD ~25.0 billion by 2023 at a CAGR of more than ~5.0% during the forecast period. Deep-water and ultra-deep water exploration activities in Middle East in Europe increased, helping the global offshore support vessel market, grow.


The main drivers of this global offshore support vessel markets are advancement of technology, rapid development in Asian countries, better trade policies, increasing regasification terminals at offshore because of growing LNG demand, and increasing investment in oil and gas and renewable sector worldwide. High operational efficiency is the main challenge that operators need to work upon.  Whereas, government bodies are also revising the equipment safety regulation and increase focus on safe operation of offshore vessel.


The global offshore support vessel market is further segmented by type as Anchor Handling Tug Supply Vessel, Platform Supply Vessel, Multipurpose Support Vessel, Standby & Rescue Vessel, Standby & Rescue Vessel and seismic vessel, by applications as Shallow water and Deepwater and by Region as North America, Asia Pacific, Middle East, and South America & Africa.


Market Segmentation


 offshore support vessel market

Global Offshore Support Vessel Market


The global offshore support vessel is expected to grow at USD ~25.0 billion by 2023 with a CAGR of more than ~5.0% in the forecast period because of rise in oil and gas demand, across the world, and an increase in offshore exploration and drilling activities. Additionally, companies involved in this give the highest importance to R&D to ensure better operational efficiency because of growing fleet competitors in market.


Based on type, the market has been segmented as Anchor Handling Tug Supply Vessel, Platform Supply Vessel, Multipurpose Support Vessel, Standby & Rescue Vessel, Standby & Rescue Vessel and seismic vessel. Among them, Anchor Handling Tug Supply Vessel is estimated to have high growth and the largest market share in forecast period as it holds various functions together such as mooring chain of drilling rigs, positioning of site, towing of rigs, and other supply duties as and when required. Anchor Handling requires high power, deck space aft, winch capacity and other auxiliary handling equipment.


Based on region, North America is the largest market share as there are large untapped resources and a high number of rig count of ~200, followed by Asia Pacific, which includes countries such as China and India. The future seems secure for offshore support vessel as India consists more than ~200 fleet and this count is increasing as these countries are tying up with other foreign flagged vessel for fulfilment of the demand.


Key Players


The major key player in global offshore support vessel market are Maersk (Denmark), Siem Offshore AS (Norway), SEACOR Marine (U.S.), Tidewater (U.S.), GulfMark Offshore Inc. (U.S.), Havila Shipping (Norway), and Vroon B.V. (Netherlands). Swire Pacific Offshore Operations (Pte) Ltd (Singapore), Edison Chouest Offshore (U.S.), Abdon Callais Offshore LLC (U.S.), Solstad Farstad (Norway), and Bourbon Offshore (France) are among others who are highly capable to serve the best in the industry.

Table of content



1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Offshore Supply Vessel Market, By Type

5.1 Introduction

5.2 Anchor Handling Tug Supply Vessel

5.2.1 Market Estimates & Forecast, 2018-2023

5.2.2 Market Estimates & Forecast by Region, 2018-2023

5.3 Platform Supply Vessel

5.3.1 Market Estimates & Forecast, 2018-2023

5.3.2 Market Estimates & Forecast by Region, 2018-2023

5.4 Multipurpose Support Vessel

5.4.1 Market Estimates & Forecast, 2018-2023

5.4.2 Market Estimates & Forecast by Region, 2018-2023

5.5 Standby & Rescue Vessel

5.5.1 Market Estimates & Forecast, 2018-2023

5.5.2 Market Estimates & Forecast by Region, 2018-2023

5.6 Seismic Vessel

5.6.1 Market Estimates & Forecast, 2018-2023

5.6.2 Market Estimates & Forecast by Region, 2018-2023

6 Global Offshore Supply Vessel Market, By applications

6.1 Introduction

6.2 Shallow water

6.2.1 Market Estimates & Forecast, 2018-2023

6.2.2 Market Estimates & Forecast by Region, 2018-2023

6.3 Deepwater

6.3.1 Market Estimates & Forecast, 2018-2023

6.3.2 Market Estimates & Forecast by Region, 2018-2023

7 Global Offshore Supply Vessel Market, By Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, 2018-2023

7.2.2 Market Estimates & Forecast by Type, 2018-2023

7.2.3 Market Estimates & Forecast by Well Type, 2018-2023

7.2.4 U.S.

7.2.4.1 Market Estimates & Forecast, 2018-2023

7.2.4.2 Market Estimates & Forecast by Type, 2018-2023

7.2.4.3 Market Estimates & Forecast by Well Type, 2018-2023

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast, 2018-2023

7.2.5.2 Market Estimates & Forecast by Type, 2018-2023

7.2.5.3 Market Estimates & Forecast by Well Type, 2018-2023

7.3 Europe

7.3.1 Market Estimates & Forecast, 2018-2023

7.3.2 Market Estimates & Forecast by Type, 2018-2023

7.3.3 Market Estimates & Forecast by Well Type, 2017-2023

7.3.4 Russia

7.3.4.1 Market Estimates & Forecast, 2018-2023

7.3.4.2 Market Estimates & Forecast by Type, 2018-2023

7.3.4.3 Market Estimates & Forecast by Well Type, 2018-2023

7.3.5 Norway

7.3.5.1 Market Estimates & Forecast, 2017-2023

7.3.5.2 Market Estimates & Forecast by Type, 2018-2023

7.3.5.3 Market Estimates & Forecast by Well Type, 2018-2023

7.3.6 Rest of Europe

7.3.6.1 Market Estimates & Forecast, 2018-2023

7.3.6.2 Market Estimates & Forecast by Type, 2018-2023

7.3.6.3 Market Estimates & Forecast by Well Type, 2018-2023

7.4 Asia Pacific

7.4.1 Market Estimates & Forecast, 2018-2023

7.4.2 Market Estimates & Forecast by Type, 2018-2023

7.4.3 Market Estimates & Forecast by Well Type, 2018-2023

7.4.4 China

7.4.4.1 Market Estimates & Forecast, 2018-2023

7.4.4.2 Market Estimates & Forecast by Type, 2018-2023

7.4.4.3 Market Estimates & Forecast by Well Type, 2018-2023

7.4.5 Australia

7.4.5.1 Market Estimates & Forecast, 2018-2023

7.4.5.2 Market Estimates & Forecast by Type, 2018-2023

7.4.5.3 Market Estimates & Forecast by Well Type, 2018-2023

7.4.6 Rest of Asia Pacific

7.4.6.1 Market Estimates & Forecast, 2018-2023

7.4.6.2 Market Estimates & Forecast by Type, 2018-2023

7.4.6.3 Market Estimates & Forecast by Well Type, 2018-2023

7.5 Middle East & Africa

7.5.1 Market Estimates & Forecast, 2018-2023

7.5.2 Market Estimates & Forecast by Type, 2018-2023

7.5.3 Market Estimates & Forecast by Well Type, 2018-2023

7.6 Latin America

7.6.1 Market Estimates & Forecast, 2018-2023

7.6.2 Market Estimates & Forecast by Type, 2018-2023

7.6.3 Market Estimates & Forecast by Well Type, 2018-2023

7.7 Rest of the World

7.7.1 Market Estimates & Forecast, 2018-2023

7.7.2 Market Estimates & Forecast by Type, 2018-2023

7.7.3 Market Estimates & Forecast by Well Type, 2018-2023

8 Competitive Landscape

9 Company Profile

9.1 Maersk (Denmark)

9.1.1 Company Overview

9.1.2 Product/Services Offering

9.1.3 Financial Overview

9.1.4 Key Developments

11.1.5 Strategy

9.1.6 SWOT Analysis

9.2 Siem Offshore AS (Norway)

9.2.1 Company Overview

9.2.2 Product /Services Offering

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Strategy

9.2.6 SWOT Analysis

9.3 SEACOR Marine (U.S.)

9.3.1 Company Overview

9.3.2 Product /Services Offering

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Strategy

9.3.6 SWOT Analysis

9.4 Tidewater (U.S.)

9.4.1 Company Overview

9.4.2 Product /Services Offering

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Strategy

9.4.6 SWOT Analysis

9.5 GulfMark Offshore Inc. (U.S.)

9.5.1 Company Overview

9.5.2 Product /Services Offering

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Strategy

9.5.6 SWOT Analysis

9.6 Havila Shipping (Norway)

9.6.1 Company Overview

9.6.2 Product /Services Offering

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Strategy

9.6.6 SWOT Analysis

9.7 Vroon B.V. (Netherlands)

9.7.1 Company Overview

9.7.2 Product /Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Strategy

9.7.6 SWOT Analysis

9.8 Swire Pacific Offshore Operations (Pte) Ltd. (Singapore)

9.8.1 Company Overview

9.8.2 Product /Services Offering

9.8.3 Financial Overview

9.8.4 Key Developments

9.8.5 Strategy

9.8.6 SWOT Analysis

9.9 Edison Chouest Offshore (U.S.)

9.9.1 Company Overview

9.9.2 Product /Services Offering

9.9.3 Financial Overview

9.9.4 Key Developments

9.9.5 Strategy

9.9.6 SWOT Analysis

9.10 Abdon Callais Offshore LLC (U.S.)

9.10.1 Company Overview

9.10.2 Product /Services Offering

9.10.3 Financial Overview

9.10.4 Key Developments

9.10.5 Strategy

9.10.6 SWOT Analysis

10 Conclusion

11 Appendix





List of Tables

Table 1 Global Offshore support vessel Market: By Region, 2018-2023

Table 2 North America Offshore support vessel Market: By Country, 2018-2023

Table 3 Europe Offshore support vessel Market: By Country, 2018-2023

Table 4 Asia Pacific Offshore support vessel Market: By Country, 2018-2023

Table 5 RoW Offshore support vessel Market: By Country, 2018-2023

Table 6 Global Offshore support vessel Market by Type: By Regions, 2018-2023

Table 7 North America Offshore support vessel Market by Type: By Country, 2018-2023

Table 8 Europe Offshore support vessel Market by Type: By Country, 2018-2023

Table 9 Asia Pacific Offshore support vessel Market by Type: By Country, 2018-2023

Table 10 RoW Offshore support vessel Market by Type: By Country, 2018-2023

Table 11 Global Offshore support vessel Market, by Application, By Regions, 2018-2023

Table 12 North America Offshore support vessel Market, by Application, By Country, 2018-2023

Table 13 Europe Offshore support vessel Market, by Application, By Country, 2018-2023

Table 14 Asia Pacific Offshore support vessel Market, by Application By Country, 2018-2023

Table 15 RoW Offshore support vessel Market, by Application, By Country, 2018-2023

Table 16 Global Offshore support vessel Market: By Region, 2018-2023

Table 17 North America Offshore support vessel Market, By Country

Table 18 North America Offshore support vessel Market, by Type

Table 19 North America Offshore support vessel Market, By Application

Table 20 Europe: Offshore support vessel Market, By Country

Table 21 Europe: Offshore support vessel Market, by Type

Table 22 Europe: Offshore support vessel Market, By Application

Table 23 Asia Pacific: Offshore support vessel Market, By Country

Table 24 Asia Pacific: Offshore support vessel Market, by Type

Table 25 Asia Pacific: Offshore support vessel Market, By Application

Table 26 RoW: Offshore support vessel Market, By Region

Table 27 RoW Offshore support vessel Market, by Type

Table 28 RoW Offshore support vessel Market, By Application



List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL OFFSHORE SUPPORT VESSEL MARKETSHARE, BY TYPE 2016 (%)

FIGURE 9 GLOBAL OFFSHORE SUPPORT VESSEL MARKET, BY TYPE, 2015-2023 (USD MILLION)

FIGURE 10 GLOBAL OFFSHORE SUPPORT VESSEL MARKETSHARE, BY APPLICATION, 2016 (%)

FIGURE 11 GLOBAL OFFSHORE SUPPORT VESSEL MARKET, BY REGION, 2015-2023 (USD MILLION)

FIGURE 12 NORTH AMERICA OFFSHORE SUPPORT VESSEL MARKETSHARE (%), 2016

FIGURE 13 NORTH AMERICA OFFSHORE SUPPORT VESSEL MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 14 EUROPE OFFSHORE SUPPORT VESSEL MARKETSHARE (%), 2016

FIGURE 15 EUROPE OFFSHORE SUPPORT VESSEL MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 16 ASIA PACIFIC OFFSHORE SUPPORT VESSEL MARKETSHARE (%), 2016

FIGURE 17 ASIA PACIFIC OFFSHORE SUPPORT VESSEL MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 18 REST OF THE WORLD OFFSHORE SUPPORT VESSEL MARKETSHARE (%), 2016

FIGURE 19 REST OF THE WORLD OFFSHORE SUPPORT VESSEL MARKETBY COUNTRY, 2015-2023 (USD MILLION)