Global Offshore Supply Vessel Market 2020-2024
Technavio has been monitoring the offshore supply vessel market and it is poised to grow by $ 4.77 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on offshore supply vessel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing number of global offshore oil and gas drills, growing demand for oil and its byproducts, and technical developments in OSVs. In addition, an increasing number of global offshore oil and gas drills is anticipated to boost the growth of the market as well.
The offshore supply vessel market analysis includes type segment and geographical landscapes.
Technavio's offshore supply vessel market is segmented as below:
By Geographical landscapes
- North America
- South America
This study identifies the increasing demand for high-capacity and LNG-fueled OSVs as one of the prime reasons driving the offshore supply vessel market growth during the next few years. Also, drop in CAPEX and deepwater activities and recovery in utilization rates will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our offshore supply vessel market covers the following areas:
- Offshore supply vessel market sizing
- Offshore supply vessel market forecast
- Offshore supply vessel market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore supply vessel market vendors that include A.P. Moller - Maersk AS, Bass Marine Pty Ltd., BOURBON Corp., Edison Chouest Offshore Co., Harvey Gulf International Marine LLC, Hornbeck Offshore Services Inc., Island Offshore Management AS, SEACOR Marine Holdings Inc., Swire Pacific Ltd., and Tidewater Inc. Also, the offshore supply vessel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.