Offshore Support Vessel (OSV) Market Size Expected to Reach $31.4 Billion by 2028
The global Offshore Support Vessel Market size is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services,...
Offshore Support Vessel Market worth $31.4 Billion by 2028
The global Offshore Support Vessel Market is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services,...
Offshore Support Vessel Market worth $26.8 Billion by 2026
The global Offshore Support Vessel Market is expected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, during the forecast period. The market growth is driven by robust investments in the offshore oil & gas and renewable sectors. Increasing deepwater activities and decommissioning of aging offshore infrastructure is likely to offer lucrative...
Thermoplastic Pipe Market – Strategies Set to Create New Revenue Streams for Companies
The global thermoplastic pipe market is driven by the increasing usage of engineered thermoplastic materials in manufacturing pipes.
The global thermoplastic pipe market is projected to reach USD 3.3 billion by 2026 from an estimated USD 2.7 billion in 2021, at a CAGR of 4.5% during the forecast period.
Key Market Players:
The major players in the global thermoplastic pipe market are...
Offshore Support Vessel Market Booming Worldwide with Strong Growth by 2026
The global Offshore Support Vessel Market is expected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, during the forecast period. The market growth is driven by robust investments in the offshore oil & gas and renewable sectors. Increasing deepwater activities and decommissioning of aging offshore infrastructure is likely to offer lucrative...
Offshore Support Vessel Market expected to Grow $26.8 Billion by 2026
According to the new market research report
“Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby &
Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow
water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region –
Global Forecast to 2026″, published
by MarketsandMarkets™, the global Offshore Support Vessel Market is expected...
Offshore Support Vessel Market Booming with Increasing Focus on Oil & Gas Production at Offshore Fields
The offshore support vessel market is expected to grow from an estimated USD 20.06 Billion in 2018 to USD 25.66 Billion by 2023, at a CAGR of 5.04%, during the forecast period. The market is set to witness growth due to the ongoing offshore activities across the US, China, Brazil, and the North Sea, as well as the increasing focus on deepwater fields. Offshore exploration and production investments...
Three Factors Driving Global Offshore Support Vessel Market
Platform support vessels or offshore support ships are designed to deliver resources to offshore oil platforms. Ranging from 20 meters to 100 meters in length, these ships are known for their multitasking abilities. However, transportation of goods and staff from offshore oil reserves to oil platform is their prime duty. Line of large scale of developments is the biggest driver for the global offshore...