The market for offshore support vessels is expected to reach a value of $71.23 billion by 2019, at a CAGR of 11.3%.
(PRWEB) November 17, 2014
The offshore support vessel market report analyzes the number of offshore support vessels with respect to demand and supply. The study segments the global offshore support vessel market by types which include Anchor Handling, Towing and Supply Vessel (AHTS), Platform Supply Vessels (PSV), Multipurpose Service Vessel (MPSV), Crew boats, Standby and Rescue vessels and others. The report also analyzes the OSV market in different geographic regions including North America, South America, Europe, Asia-Pacific, West & South Africa, Middle East and ROW.
The offshore support vessels or OSVs are vessels used in the marine industry. The designs of the OSV are unique, and each type has its own properties and features, as per the type of operation. OSVs are efficient and vital components of the oil & gas industry. They provide logistic facility along with various other supporting activities including platform support, anchor handling, standby facility, rescue and many more. Complete report is available at http://www.reportsnreports.com/reports/259769-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.html .
The global offshore support vessel market is rising marine logistics demand. The lucrative and high-investment areas of the offshore regions such as North Sea, U.S Gulf of Mexico and new discoveries in West Africa are the key driving factors for the high growth of the offshore support vessel market.
The major players in offshore support vessel market are Bourbon Sa, ACH Foam Technologies, Edison Chouest offshore, Farstad Shipping Asa, Gulfmark offshore, Harvey Gulf International Marine Llc, Havila Shipping Asa, Island Offshore Asa, Rem Maritime As, Seacor Marine Llc, Siem Offshore, Solstad Offshore Asa, Swire Group Ltd, The Maersk Group, Tidewater Inc and Vroon Group. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=259769 .
Continuous progress in offshore oil & gas industry, increase in rig count and exploration rate create strong prospects for the future of the offshore support vessel market globally. The market for offshore support vessels is expected to reach a value of $71.23 billion by 2019, at a CAGR of 11.3%. Anchor Handling, Towing and Supply Vessel (AHTS) Supply Vessels (PSV) lead the market and are estimated to reach a value of $40.21 billion by the year 2019. The AHTS market is expected to grow at a CAGR of 12.1% owing to the increased amount of day rates in North America, Europe and West Africa. Priced at $4650 for a single user PDF, a discount on this research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=259769 .
The offshore support vessel market is also analyzed with respect to Porter's Five Forces model. Different market forces such as suppliers’ power, buyers’ power and degree of competition, threat of substitutes, and the threat of new entrants are analyzed with respect to the offshore support vessel industry. The report also provides a competitive landscape of major market players around the globe that includes developments, mergers & acquisition, expansion and investments, agreements and contracts, new technology developments, and others. A number of these developments are pertaining to the key industry players that suggest the growth strategy of these companies as well as of the overall industry.
The report also provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key burning issues in the offshore support vessel market. Key players in the industry are profiled in detail with their recent developments.
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