Europe Offshore Support Vessels Market Analysis, Recent Trends and Regional Growth Forecast by 2026

edwardebreen15 June 23, 2022

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According to IMARC Group’s latest report, titled “Europe Offshore Support Vessels Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is expected to exhibit steady growth during 2021-2026. Offshore support vessels refer to the marine infrastructures used for carrying goods, resources, and equipment during subsea exploration and construction activities. These support vessels majorly include diving support, crane, pipe laying vessels, seismic survey ships, and platform supply vessels (PSVs). They are used for locating and examining oil and gas-bearing fields, towing or positioning rigs/platforms, supplying maintenance facilities, etc. Offshore support vessels also comprise of powerful small-sized boats that aid in emergencies at offshore installations. They also provide other services, including transportation, anchor management, platform support, etc.

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Growing offshore exploratory activities in the oil and gas industry are primarily driving the European market. Furthermore, the rising demand for PSVs during the production stage of offshore drilling has augmented the market for offshore support vessels in the region. Additionally, various technological developments in vessel manufacturing have led to the integration of Dynamic Positioning (DP) systems in marine installations. Several regional manufacturers are launching digitalized vessels to automate the controlling process of propellers and thrusters. Additionally, rapid industrialization, coupled with rising investments for upgrading marine infrastructures, is anticipated to bolster the growth of the Europe offshore support vessels market. Looking forward, IMARC Group expects the Europe offshore support vessels market to continue its robust growth during the forecast period (2021-2026).

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Segmentation:

Type:

Anchor Handling Towing Supply Vessel
Platform Supply Vessel
Fast Supply Intervention Vessel
Multi-Purpose Service Vessel
Others

Water Depth:

Shallow Water
Deepwater

Fuel:

Fuel Oil
LNG

Service Type:

Technical Services
Inspection & Survey
Crew Management
Logistics & Cargo Management
Anchor Handling & Seismic Support
Others

Application:

Oil and Gas Applications
Offshore Applications

Country:

Germany
France
United Kingdom
Italy
Spain
Others

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Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.