Market Research Store: Published latest report on "Global Offshore Support Vessel Market Outlook (2015-2022)" into their database.
Deerfield Beach, FL -- (SBWIRE) -- 02/23/2016 -- Offshore Support Vessel - Global Market Outlook (2015-2022)
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.
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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. 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
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- North America
o Rest of Europe
- Asia Pacific
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o South Africa