Global Offshore Supply Vessel (OSV) Market: Analysis By Type, By Depth, By Region: Opportunities and Forecasts (2016-2021) – By Type (AHTS, PSV, Others), By Depth (Shallow Water, Deep water), By Region (North America, South America, Europe, Asia-Pacific, Africa, Middle-East, RoW)
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global offshore supply vessels market on the basis of Type (AHTS, PSV & Others), Depth (Shallow water and Deep water) and Region (North America, South America, Europe, Asia-Pacific, Africa, Middle-East & RoW).
Global Offshore Supply Vessels Market is forecasted to grow at a CAGR of 6.03% during 2016 – 2021. The strong growth in offshore supply vessels is driven by rise in demand for Oil& Gas globally, increase in offshore drilling activities and growth in production & exploration activities. Moreover, companies operating in this market are focusing on investments in R&D for continuous innovation and strengthening their positions in the market by targeted acquisitions and product expansions. Bourbon, Tidewater Inc., Maersk Supply Services, Edison Chouest Offshore, SIEM offshore Inc., Farstad Shipping ASA are the major players in the market.
Demand for AHTS vessels is projected to display a faster growth than PSV and other vessels. The surging demand for floating production systems coupled with movement towards deeper water basins are some of the major trends affecting the growth of the said market in the near future. Among the regions, the South American region is predicted to advance at the highest rate, mainly driven by the rich unexplored hydrocarbon reserves as well as rise in the offshore drilling activities.
According to Azoth Analytics research report, “Global Offshore Supply Vessel (OSV) Market: Analysis By Type, By Depth, By Region: Opportunities and Forecasts (2016-2021)”, Global Offshore Supply Vessels market is projected to exhibit a CAGR of 6.03% during 2016 - 2021.
Scope of the Report
Global Market (Actual Period: 2011-2015, Forecast Period: 2016E-2021)
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