Los Angeles, CA -- (SBWire) -- 05/14/2019 --This report studies the Pipelay Vessel market, from angles of players, regions, product types and end industries, to analyze the status and the future.
Popularly known as PLV, pipelaying ship is a maritime vessel used in the construction of subsea infrastructure. It serves to connect oil production platforms with refineries on shore. To accomplish this goal a typical pipelaying vessel carries a heavy lift crane, used to install pumps and valves, and equipment to lay pipe between subsea structures.
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Mining and transportation of Oil & Gas projects has led to the increasing demand for pipelaying ship. Increasing offshore projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the pipelay vessel market during the forecast period.
The global Pipelay Vessel market was 1840 million US$ in 2018 and is expected to 780 million US$ by the end of 2025, growing at a CAGR of -10.2% between 2019 and 2025.
This report studies the Pipelay Vessel market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Pipelay Vessel in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
IHC Merwede
HHI
ZPMC
Keppel Singmarine
DSME
Vard
Saipem
By the product type, the market is primarily split into
J-lay Barges
S-lay Barges
Reel Barges
By the end users/application, this report covers the following segments
Shallow & Benign
Harsh & Deep
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Pipelay Vessel Market Outlooks 2019: Industry Analysis, Market Segmentation, Challenges and Opportunities to 2025