Offshore Support Vessel Market to Reach $43.07 billion with 5.7% CAGR Forecast to 2022
offshore support vessel market accounted for $29.15 billion in 2015 and is expected to reach $43.07 billion by 2022 growing at a CAGR of 5.7%.
PUNE, MAHARASHTRA, INDIA, November 23, 2016 /EINPresswire.com/ -- Offshore Support Vessel Industry
Description
According to Stratistics MRC, the offshore support vessel market accounted for $29.15 billion in 2015 and is expected to reach $43.07 billion by 2022 growing at a CAGR of 5.7%. The offshore support vessels are used to transport the food, goods, employees, and other stuff to the field from shore. The offshore support vessels are now available in different categories with increasing technological superiority. The factors favoring the market growth include growing offshore fields, increasing demand for energy, declining oil and gas reserves, growing offshore and subsea exploration activities. However, environmental issues, lack of skilled labor and high initial prices are the restraints for market growth.
Anchor Handling Towing Supply Vessels (AHTS) is the leading segment with more than 50% of share in global offshore support vessels market followed by platform support vessels. Asia Pacific is expected to be the fastest growing market with increasing deep water exploration activities. Brazil, Middle East, Mexico and South East Asia have the promising markets for offshore support vessels market.
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The key players of the market include,
Baker Hughes Inc., Siem Offshore, Schlumberger Limited, Intermarine Llc, GulfMark, Halliburton Company, Weatherford International, Farstad Shipping Asa, Gulfshield, Tidewater, Inc., Bourbon SA, Swire Group Ltd., Seacor Marine LLC and Havila Shipping ASA.
Types of Offshore Support Vessels Covered:
• Anchor Handling Tug Supply Vessels (AHTS)
• Platform Supply Vessels
• Standby/Guard Vessels
• Multi Purpose Supply Vessel (MPSV)
• Specialty Vessels
• Others
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Content
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Offshore Support Vessel Market, By Vessel Type
5.1 Introduction
5.2 Anchor Handling Tug Supply Vessels (AHTS)
5.3 Platform Supply Vessels
5.4 Standby/Guard Vessels
5.5 Multi Purpose Supply Vessel (MPSV)
5.6 Specialty Vessels
5.7 Others
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