Growing demand of oil & gas and other offshore activities with increasing investment in modernization of infrastructure of oil platform and wells is expected to drive the offshore support vessel market. It is estimated to reach $91,228.8 million by 2018, with a CAGR of 5.7% from 2013 to 2018. U S- Gulf of Mexico (GOM), with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest revenue growth during the next five years. In terms of vessel count (demand), APAC is dominating the market.
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Growing demand of oil & gas and other offshore activities with
increasing investment in modernization of infrastructure of oil platform
and wells is expected to drive the offshore support vessel market. It is
estimated to reach $91,228.8 million by 2018, with a CAGR of 5.7% from
2013 to 2018. U S- Gulf of Mexico (GOM), with its thriving economies
and rapidly expanding manufacturing bases, is expected to experience
highest revenue growth during the next five years. In terms of vessel
count (demand), APAC is dominating the market.
The key factors which are driving growth in the offshore support vessel
market are global oil & gas demand, growing exploration and
production activities and increase in the number or offshore platforms.
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Offshore support vessel is a moderately developing market with no
other substitutes available currently which makes it backbone of
offshore industry. Consequently, the market is expected to continue
the steady growth rate in future.
Offshore support vessel manufacturers are focusing on R&D in order to
develop new and improved vessels for offshore platforms, which offer
more distinguished and revolutionary features such as Dynamic
positioning (DP) with better efficiency and navigational ability.
Expansion and mergers & acquisitions into new and emerging markets
such as APAC, North-West Europe, and South America has been and
will be the key for success for offshore support vessel manufacturers
and managers to increase their overall sales and revenue.
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Tidewater (U.S.) is one of the key players in offshore support vessel
market. It holds significant share of the offshore support vessel market
followed by, Edison Chouest (U.S.) and Seacor marine (U.S.). The
market is mostly fragmented with large number of small support vessel
companies.
Offshore Support Vessel: Market Revenue, By Region (2011-2018)
For this report, the major players in the market are identified through
secondary and primary research based on which, their market shares
are evaluated. This includes study of the annual reports of top market
players and interviews with key opinion leaders such as CEOs,
Directors, and marketing people.
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The size of overall market is determined by forecasting techniques
based on offshore support vessel types demand in different regions,
which is validated through primary sources. The vessel counts (number)
for various types of offshore support vessels are determined and are
evaluated using primary and secondary research. The market data is
available from 2011 to 2018 with CAGR from 2013 to 2018.
This report analyzes various marketing trends and establishes the most
effective growth strategy. It identifies market dynamics such as drivers,
opportunities, burning issues, and winning imperatives. Major
companies such Tidewater (U.S.), Edison Chouest (U.S.), Seacor marine
(U.S.), Maersk supply service (Denmark), Bourbon (France) etc. have
also been profiled in this report.
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Scope of the report:
On basis of geography:
North-West Europe
South America
APAC
West Africa
U S- Gulf of Mexico (GOM)
Middle East
ROW
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On basis of types
Anchor Handling, Towing and Supply Vessel (AHTS)
Platform Supply Vessels (PSV)
Multi-Purpose Service Vessel (MPSV)
Crew boats
Standby and Rescue vessels
Others
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1. Introduction
2. Executive Summary
3. Premium Insights (Page No. - 24)
4. Market Overview
5. Offshore Support Vessels Market, By Types
6. Offshore Support Vessels Market, By Geography
7. Competitive Landscape
8. Company Profiles (Overview, Financials, Products & Services,
Strategy, And Developments)
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Global Floating LNG (FLNG) Trends Outlook and Investment
Prospects to 2020- Over $70 Billion Capital Investments to Float
Offshore
W&T Offshore, Inc. Oil & Gas Exploration and Production Operations
and Cost Analysis - Q3, 2013
European Offshore Wind Industry, 2013 - H2 Installations Set to
Outpace H1?
The Offshore Oil and Gas Decommissioning Market 2013-2023
W&T Offshore Inc., Company Intelligence Report
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