Key Players in the market are Bass Marine Pty Ltd, Farstad Shipping ASA, Gulfmark Offshore Inc., Seacor Marine Llc, Siem Offshore, Swire Pacific Limited
(PRWEB) October 31, 2014
The report "Offshore Support Vessel Market by Type (Anchor Handling, Towing & Supply Vessel, Platform Supply Vessels, Multi-Purpose Service Vessel, Crew Boats, Standby & Rescue Vessels & Others) & by Geography - Global Trends & Forecast to 2018", defines and segments the offshore support vessel market with analysis and forecasting of the global revenue.
Offshore support vessel market is estimated to grow from $ 69,298.2 Million in 2013 to $ 91,228.8 Million by 2018, with a CAGR of 5.7% from 2013 to 2018.
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Browse 106 market data tables with 21 figures spread through 246 pages and in-depth TOC on "Offshore Support Vessel Market - Global Trends & Forecast To 2018".
The Offshore support vessel market has significant growth lined up for large scale development. This market totally depends on offshore exploration and production activities, which is one of the key driving factors. Any fluctuation in offshore industry or in oil & gas market is completely reflected on offshore support vessels market.
Favorable demand in APAC and growing number of offshore platforms are also expected to be the major demand drivers for the market.
The companies involved in offshore support vessel business are thus expanding into emerging markets such as APAC, U S- Gulf of Mexico (GOM), South America, North-West Europe etc. Technological advancements and innovative new vessels are the key strategies that are helping the companies to maximize their revenues.
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Anchor Handling, Towing and Supply Vessel (AHTS) is the major vessel type for offshore support vessel market. It is expected to maintain a dominating position over the next few years. The market is also studied with respect to other types of vessels including Platform Supply Vessels (PSV), Multi-Purpose Service Vessel (MPSV), Crew boats, Standby and Rescue vessels.
Geographically, the market is studied for different regions such as APAC, North-West Europe, South America, U S- Gulf of Mexico (GOM), West Africa, Middle East and Rest of the World (ROW). The value and volume market for offshore support vessel (by demand) is analyzed in detail for all the micro and macro markets. The study covers different growth strategies such as products launch, expansions, and agreements followed by key manufacturers over a period of time.
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