Offshore Support Vehicle Market Analysis

  • Report ID: 3812
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Offshore Support Vehicle Segmentation

The market is segmented by end user into oil & gas, patrolling, offshore wind, research & surveying, and others, out of which, the offshore wind segment is anticipated to observe notable growth in the global offshore support vehicle industry. This can be accounted to the favorable government initiatives to promote the generation of clean energy and curb harmful GHF discharges. Apart from this, the oil & gas segment is assessed to gather the largest share during the forecast period owing to the growing investments in exploration and production (E&P) operations. Additionally, on the basis of vessel type, the anchor handling tug vessels (AHT) segment is predicted to occupy the largest share by the end of 2030 ascribing to the high usage of these type of vessels to supply equipment such as anchors, tugs and winches to hydrocarbon E&P sites.

Our in-depth analysis of the global market includes the following segments:

          By Vessel Type

  • Anchor Handling Tug Vessels (AHT)
  • Platform Supply Vessels (PSV)
  • Crew Vessel
  • Others

          By End-User

  • Oil & Gas
  • Patrolling
  • Offshore Wind
  • Research & Surveying
  • Others

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of offshore support vehicle is assessed at USD 19.29 billion.

Offshore Support Vehicle Market size was valued at USD 18.22 billion in 2024 and is expected to reach USD 43.38 billion by 2037, registering around 6.9% CAGR during the forecast period i.e., between 2025-2037.

North America industry is anticipated to account for largest revenue share by 2037, ascribed to rise in investments for E&P activities from oil & gas companies, and increasing production from conventional and unconventional oil reservoirs in the region.

The major players in the market are Bourbon Corporation SA, Tidewater Inc., Seacor Marine Holdings Inc., Maersk Supply Service A/S. Solstad Offshore ASA, and others.
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