Offshore Support Vessel Market
                     Offshore Support Vessel Market  Industry Analysis, Share, Growth, Sales, Trends, Supply, 
Forecast 2026
Market Overview
The development of offshore facilities involves a variety of marine assets. Over the past few 
decades, there has been a drastic increase in the offshore E&P activities resulting in to increase in 
development and demand for offshore support vessels. These vessels are used for exploration, 
development, production and decommissioning phase of an offshore oil, and gas fields. Offshore 
support vessel (OSV) can be prepared according to the operators specifications. Offshore E&P 
operations are complex, failure of operations have drastic consequences on economy and 
environment. Different types of support vessels are required for different offshore environment. 
Therefore, development in technology has immensely supported the growth of offshore support 
vessel market.
Increase in oil demand is expected to increase the exploration and production, in turn fueling 
offshore support vessel market. However, fluctuating oil price, high initial investment, lack of 
skilled labor, and government regulations are the major restrains for the growth of offshore support 
vessel market.
Request Sample Copy Of This Business 
Report:https://www.coherentmarketinsights.com/insight/request-sample/758
Market Dynamics
Asia Pacific is accounted to have fastest growth in the offshore support vessel market, owing to 
increase in globalization and energy demand from economies, such as China, India, Malaysia, and 
Indonesia. Development in technology has led to augment in the offshore support vessel market. 
Furthermore, increasing consumption and offshore E&P development in Australia, South China 
Sea, and Gulf of Thailand have driven the offshore support vessel market in this region. According 
to Baker Hughes, the offshore rig count in Asia Pacific in March 2017 was 76 as compared to 
March 2016, which was 70.
Global Offshore Support Vessel Market Taxonomy
On the basis of type, the global offshore support vessel market is segmented as:
•Anchor Handling Towing and Supply Vessel (AHTS)
•Seismic Vessel
•Platform Supply Vessel (PSV)
•Well Intervention Vessel
•Offshore Construction Vessel
•Accommodation Ships
•Multipurpose Support Vessel (MSV)
•Crew Vessel
•Inspection, Maintenance and Repair Vessel (IMR)
•Mooring Launchers
•Remote Operating Vessel (ROV)
•Dive Support Vessel
•Chase Vessel
•Safety Standby/Utility Vessel
•Oil Terminal Support Vessel
•Others
The major players operating global offshore support vessel market are maEdison Chouest Offshore, 
Abdon Callais Offshore, Havila Shipping ASA, Farstad Shipping ASA, Gulfmark Offshore Inc., 
Bourbon Offshore Marine services, and Island Offshore Management AS.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready 
syndicated research reports, custom market analysis, consulting services, and competitive analysis 
through various recommendations related to emerging market trends, technologies, and potential 
absolute dollar opportunity.
Contact Us:
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: [email protected]
Visit Our Blogs:https://blog.coherentmarketinsights.com