The Europe offshore support vessels market size is projected to grow at a CAGR of 5.10% between 2025 and 2034. The market is being fuelled by the growing demand for oil and gas in the region.
As the UK government is expected to boost its reliance on the North Sea for extracting oil and natural gas, the Europe offshore support vessels market growth is expected to receive a positive impact. The diversification of the UK’s energy mix is expected to lead to a higher demand for oil anchor handling tug vessels, multipurpose support vessels, and platform supply vessels which can assist the oil extraction and distribution processes.
The rising demand for essential minerals such as zinc, cobalt, and copper is expected to drive major European companies towards exploring deep sea beds in the Arctic Ocean for mineral extraction. This is expected to drive the Europe offshore support vessels market expansion over the forecast period. For instance, countries such as Norway are implementing strategies for clean energy transition by deliberating deep sea mining of essential minerals, which can be utilised in improving electric vehicle batteries and other technologies.
Given the increasing demand for energy across the region, oil and gas are still expected to remain a major source of fulfilling the energy requirements, thereby influencing the Europe offshore support vessels market expansion favourably.
Market Segmentation
Europe Offshore Support Vessels Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Anchor Handling Tug Vessel (AHTV)
Platform Supply Vessel
Multipurpose Support Vessel
Crew Vessel
Standby and Rescue Vessel
Others
Market Breakup by Application:
Shallow Water
Deep Water
Market Breakup by End Use:
Offshore Oil and Gas
Offshore Wind
Market Breakup by Country:
Germany
United Kingdom
France
Italy
Others
The key Europe offshore support vessels market players are Tidewater Inc., AP Moeller - Maersk A/S, SEACOR Marine Holdings Inc., Solstad Offshore ASA, Damen Shipyards Group, Royal IHC, DOF Group ASA, Horizon Maritime Services Ltd., Havila Shipping ASA, and Vroon B.V., among others.
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Offshore Support Vessels Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Offshore Support Vessels Historical Market (2018-2024)
- 5.3 Global Offshore Support Vessels Market Forecast (2025-2034)
- 5.4 Global Offshore Support Vessels Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Europe Offshore Support Vessels Market Overview
- 6.1 Key Industry Highlights
- 6.2 Europe Offshore Support Vessels Historical Market (2018-2024)
- 6.3 Europe Offshore Support Vessels Market Forecast (2025-2034)
- 7 Europe Offshore Support Vessels Market by Type
- 7.1 Anchor Handling Tug Vessel (AHTV)
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Platform Supply Vessel
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Multipurpose Support Vessel
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Crew Vessel
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Standby and Rescue Vessel
- 7.5.1 Historical Trend (2018-2024)
- 7.5.2 Forecast Trend (2025-2034)
- 7.6 Others
- 8 Europe Offshore Support Vessels Market by Application
- 8.1 Shallow Water
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Deep Water
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 Europe Offshore Support Vessels Market by End Use
- 9.1 Offshore Oil and Gas
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Offshore Wind
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Europe Offshore Support Vessels Market by Country
- 10.1 Germany
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Kingdom
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 France
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Italy
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators of Demand
- 11.4 Key Indicators of Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Tidewater Inc.
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 AP Moeller - Maersk A/S
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 SEACOR Marine Holdings Inc.
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Siem Offshore Inc.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Solstad Offshore ASA
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Damen Shipyards Group
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Royal IHC
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 DOF Group ASA
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Horizon Maritime Services Ltd.
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Havila Shipping ASA
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Vroon B.V.
- 12.5.11.1 Company Overview
- 12.5.11.2 Product Portfolio
- 12.5.11.3 Demographic Reach and Achievements
- 12.5.11.4 Certifications
- 12.5.12 Others
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