Global Offshore Supply Vessel (OSV) Market Growth 2019-2024

Published On: Mar 2019

Format: PDF

Publisher: LP infomation

Pages: 162

Report ID: 236739

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.

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.

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.


According to this study, over the next five years the Offshore Supply Vessel (OSV) market will register a 8.3% CAGR in terms of revenue, the global market size will reach US$ 25000 million by 2024, from US$ 15500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Offshore Supply Vessel (OSV) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Offshore Supply Vessel (OSV) market by product type, application, key manufacturers and key regions and countries.

This study considers the Offshore Supply Vessel (OSV) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Anchor Handling Tug Supply
Platform Supply Vessel
Multipurpose Support Vessel
Standby & Rescue Vessel
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Shallow Water
Deep Water

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Edison Chouest
Tidewater
Bourbon Offshore
DOF
Swires
Maersk Supply Service
Farstad Shipping
Hornbeck
Cosl
Island Offshore Management
Gulf Mark
Havila Shipping

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Offshore Supply Vessel (OSV) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Offshore Supply Vessel (OSV) market by identifying its various subsegments.
Focuses on the key global Offshore Supply Vessel (OSV) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Offshore Supply Vessel (OSV) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Offshore Supply Vessel (OSV) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Offshore Supply Vessel (OSV) Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Offshore Supply Vessel (OSV) Consumption 2014-2024
2.1.2 Offshore Supply Vessel (OSV) Consumption CAGR by Region
2.2 Offshore Supply Vessel (OSV) Segment by Type
2.2.1 Anchor Handling Tug Supply
2.2.2 Platform Supply Vessel
2.2.3 Multipurpose Support Vessel
2.2.4 Standby & Rescue Vessel
2.2.5 Others
2.3 Offshore Supply Vessel (OSV) Consumption by Type
2.3.1 Global Offshore Supply Vessel (OSV) Consumption Market Share by Type (2014-2019)
2.3.2 Global Offshore Supply Vessel (OSV) Revenue and Market Share by Type (2014-2019)
2.3.3 Global Offshore Supply Vessel (OSV) Sale Price by Type (2014-2019)
2.4 Offshore Supply Vessel (OSV) Segment by Application
2.4.1 Shallow Water
2.4.2 Deep Water
2.5 Offshore Supply Vessel (OSV) Consumption by Application
2.5.1 Global Offshore Supply Vessel (OSV) Consumption Market Share by Application (2014-2019)
2.5.2 Global Offshore Supply Vessel (OSV) Value and Market Share by Application (2014-2019)
2.5.3 Global Offshore Supply Vessel (OSV) Sale Price by Application (2014-2019)

3 Global Offshore Supply Vessel (OSV) by Players
3.1 Global Offshore Supply Vessel (OSV) Sales Market Share by Players
3.1.1 Global Offshore Supply Vessel (OSV) Sales by Players (2017-2019)
3.1.2 Global Offshore Supply Vessel (OSV) Sales Market Share by Players (2017-2019)
3.2 Global Offshore Supply Vessel (OSV) Revenue Market Share by Players
3.2.1 Global Offshore Supply Vessel (OSV) Revenue by Players (2017-2019)
3.2.2 Global Offshore Supply Vessel (OSV) Revenue Market Share by Players (2017-2019)
3.3 Global Offshore Supply Vessel (OSV) Sale Price by Players
3.4 Global Offshore Supply Vessel (OSV) Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Offshore Supply Vessel (OSV) Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Offshore Supply Vessel (OSV) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Offshore Supply Vessel (OSV) by Regions
4.1 Offshore Supply Vessel (OSV) by Regions
4.1.1 Global Offshore Supply Vessel (OSV) Consumption by Regions
4.1.2 Global Offshore Supply Vessel (OSV) Value by Regions
4.2 Americas Offshore Supply Vessel (OSV) Consumption Growth
4.3 APAC Offshore Supply Vessel (OSV) Consumption Growth
4.4 Europe Offshore Supply Vessel (OSV) Consumption Growth
4.5 Middle East & Africa Offshore Supply Vessel (OSV) Consumption Growth

5 Americas
5.1 Americas Offshore Supply Vessel (OSV) Consumption by Countries
5.1.1 Americas Offshore Supply Vessel (OSV) Consumption by Countries (2014-2019)
5.1.2 Americas Offshore Supply Vessel (OSV) Value by Countries (2014-2019)
5.2 Americas Offshore Supply Vessel (OSV) Consumption by Type
5.3 Americas Offshore Supply Vessel (OSV) Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Offshore Supply Vessel (OSV) Consumption by Countries
6.1.1 APAC Offshore Supply Vessel (OSV) Consumption by Countries (2014-2019)
6.1.2 APAC Offshore Supply Vessel (OSV) Value by Countries (2014-2019)
6.2 APAC Offshore Supply Vessel (OSV) Consumption by Type
6.3 APAC Offshore Supply Vessel (OSV) Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Offshore Supply Vessel (OSV) by Countries
7.1.1 Europe Offshore Supply Vessel (OSV) Consumption by Countries (2014-2019)
7.1.2 Europe Offshore Supply Vessel (OSV) Value by Countries (2014-2019)
7.2 Europe Offshore Supply Vessel (OSV) Consumption by Type
7.3 Europe Offshore Supply Vessel (OSV) Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Offshore Supply Vessel (OSV) by Countries
8.1.1 Middle East & Africa Offshore Supply Vessel (OSV) Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Offshore Supply Vessel (OSV) Value by Countries (2014-2019)
8.2 Middle East & Africa Offshore Supply Vessel (OSV) Consumption by Type
8.3 Middle East & Africa Offshore Supply Vessel (OSV) Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Offshore Supply Vessel (OSV) Distributors
10.3 Offshore Supply Vessel (OSV) Customer

11 Global Offshore Supply Vessel (OSV) Market Forecast
11.1 Global Offshore Supply Vessel (OSV) Consumption Forecast (2019-2024)
11.2 Global Offshore Supply Vessel (OSV) Forecast by Regions
11.2.1 Global Offshore Supply Vessel (OSV) Forecast by Regions (2019-2024)
11.2.2 Global Offshore Supply Vessel (OSV) Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Offshore Supply Vessel (OSV) Forecast by Type
11.8 Global Offshore Supply Vessel (OSV) Forecast by Application

12 Key Players Analysis
12.1 Edison Chouest
12.1.1 Company Details
12.1.2 Offshore Supply Vessel (OSV) Product Offered
12.1.3 Edison Chouest Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Edison Chouest News
12.2 Tidewater
12.2.1 Company Details
12.2.2 Offshore Supply Vessel (OSV) Product Offered
12.2.3 Tidewater Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Tidewater News
12.3 Bourbon Offshore
12.3.1 Company Details
12.3.2 Offshore Supply Vessel (OSV) Product Offered
12.3.3 Bourbon Offshore Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Bourbon Offshore News
12.4 DOF
12.4.1 Company Details
12.4.2 Offshore Supply Vessel (OSV) Product Offered
12.4.3 DOF Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 DOF News
12.5 Swires
12.5.1 Company Details
12.5.2 Offshore Supply Vessel (OSV) Product Offered
12.5.3 Swires Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Swires News
12.6 Maersk Supply Service
12.6.1 Company Details
12.6.2 Offshore Supply Vessel (OSV) Product Offered
12.6.3 Maersk Supply Service Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Maersk Supply Service News
12.7 Farstad Shipping
12.7.1 Company Details
12.7.2 Offshore Supply Vessel (OSV) Product Offered
12.7.3 Farstad Shipping Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Farstad Shipping News
12.8 Hornbeck
12.8.1 Company Details
12.8.2 Offshore Supply Vessel (OSV) Product Offered
12.8.3 Hornbeck Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Hornbeck News
12.9 Cosl
12.9.1 Company Details
12.9.2 Offshore Supply Vessel (OSV) Product Offered
12.9.3 Cosl Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Cosl News
12.10 Island Offshore Management
12.10.1 Company Details
12.10.2 Offshore Supply Vessel (OSV) Product Offered
12.10.3 Island Offshore Management Offshore Supply Vessel (OSV) Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Island Offshore Management News
12.11 Gulf Mark
12.12 Havila Shipping

13 Research Findings and Conclusion