Oil & gas exploration and production activities are being carried out, both onshore and offshore, worldwide. The offshore oilfield business consists of the survey, exploration, construction, production, maintenance, upgradation of production facilities, and decommissioning. The activities at various stages of the oilfield lifecycle require different types of specialized offshore support vessels (OSV), which are suited for the project needs.
Albany, NY -- (SBWIRE) -- 06/17/2019 -- Offshore Supply Vessel (OSV) Market report profiles topmost manufactures operating (Edison Chouest, Tidewater, Bourbon Offshore, DOF, Swires, Maersk Supply Service, Farstad Shipping, Hornbeck, Cosl, Island Offshore Management, Gulf Mark, Havila Shipping Offshore Supply Vessel (OSV)) in terms of various attributes such as Company Overview, Financial Overview, Product Portfolio, Business Strategies, and Recent Developments. Offshore Supply Vessel (OSV) industry report firstly introduced the Offshore Supply Vessel (OSV) basics: Definitions, Classifications, Applications and Market Overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region Offshore Supply Vessel (OSV) market conditions, including the product Price, Profit, Capacity, Production, Supply, demand,6 year forecast (2019-2025), market growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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Offshore Supply Vessel (OSV) Market Competition by Manufacturers (2019-2025)
Offshore Supply Vessel (OSV) Market Share of Top 3 and Top 5 Manufacturers, Offshore Supply Vessel (OSV) Market by Capacity, Production and Share by Manufacturers, Revenue and Share by Manufacturers, Manufacturers Manufacturing Base Distribution, Sales Area, Market Competitive Situation and Trends.
Highbrow of Offshore Supply Vessel (OSV) Market: This industry study presents the global Offshore Supply Vessel (OSV) market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Offshore Supply Vessel (OSV) production, revenue and market share by manufacturers, key regions and type;
The consumption of Offshore Supply Vessel (OSV) in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Edison Chouest, Tidewater, etc.
Offshore Supply Vessel (OSV) is a sea motor vessel used for transmitting cargos, goods, supplies, crews, and offshore exploration and production equipment across oil platforms. OSV supports marine offshore drilling activities through the transportation of offshore energy resources, and it also facilitates oil rigs installation process. It is mostly used by oil and gas companies for exploration and production (E&P) activities. OSV is operated by ship owners or by companies that take OSV on lease. In addition, OSV facilitates the maritime logistics operation for various other industries such as Subsea and Deep Water Mining.
Deepwater production and exploration activities and investments by emerging economies in offshore exploration will drive the offshore support vessel market.
The offshore supply vessel market has been segmented into vessel type, depth, and region. The market has been further segmented, by vessel type; into anchor handling tug supply vessels, platform supply vessels (PSV), multipurpose support vessels (MPSV), and standby and rescue vessels, crew vessels, chase vessels, seismic vessels, and others. The AHTS vessels segment accounted for the largest share, 45% of the market in 2017, AHTS vessels are principal support vessels used for towing, anchoring, and supplying equipment to drilling rigs and production platforms, making them the largest segment of the Offshore Support Vessel Market. Demand for offshore drilling is projected to recover slowly, particularly in deepwater fields as oil prices stabilize, thus, helping the AHTS market.
On the basis of depth, the market has been segmented into shallow water and deepwater segments. The application of offshore support vessels in shallow water projects is estimated to lead the market, in terms of market value share of 70.7% in 2017. The shallow water basins in the Middle East, Asia-Pacific, Europe, and North America will play a major role in driving the Offshore Support Vessel Market. Shallow water operations are typically less expensive compared to deepwater operations. Thus, recovering oil prices will lead to a faster increase in offshore activity in shallow water basins compared to deepwater ones.
The OSV market is less concentrated, various enterprises have invested in fleet expansion, so as to replace older vessels, and enhance their position in global market. Key players in offshore support vessel market include Edison Chouest, Tidewater, Bourbon Offshore, DOF, Swires, Maersk Supply Service, Farstad Shipping, Hornbeck, Cosl, Island Offshore Management, Gulf Mark and Havila Shipping.
Global Offshore Supply Vessel (OSV) market size will reach 29100 million US$ by 2025, from 15500 million US$ in 2017, at a CAGR of 8.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Offshore Supply Vessel (OSV).
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, Offshore Supply Vessel (OSV) market share and growth rate of each type, primarily split into-
Anchor Handling Tug Supply
Platform Supply Vessel
Multipurpose Support Vessel
Standby & Rescue Vessel
Others
Offshore Supply Vessel (OSV)
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, Offshore Supply Vessel (OSV) market share and growth rate of Offshore Supply Vessel (OSV) for each application, including-
Shallow Water
Deep Water
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Geographically, the report includes the research on production, consumption, revenue, Offshore Supply Vessel (OSV) market share and growth rate, and forecast (2019-2025) of the following regions:
United States, China, Japan, India, Other Regions
Europe (Germany, UK, France, Italy, Spain, Russia, Poland)
Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)
Central and South America (Brazil, Mexico, Colombia)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
Key Questions Answered in the Report:
How is the Offshore Supply Vessel (OSV) market expected to Grow In Terms Of Valueduring the study period?
What are the Competition Developments and Trendsin the Offshore Supply Vessel (OSV) market?
What are the underlying Macro-Economic and Industry Factorsimpacting the growth of the Offshore Supply Vessel (OSV) market?
What are the Key Challenges, Opportunities, and Improvementsfaced by market players in the global Offshore Supply Vessel (OSV) market?
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