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Global Offshore Supply Vessel Market Report 2023-2029

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.

The offshore supply vessel industry can be broken down into several segments, anchor handling tug supply, platform supply vessel, etc.

 

Source: Secondary Sources and Global Info Research, 2020

 

According to the new market research report “Global Offshore Supply Vesse Market Report 2023-2029”, published by QYResearch, the global Offshore Supply Vesse market size is projected to reach USD 21.81 billion by 2029, at a CAGR of 6.8% during the forecast period.

 

Figure.   Global Offshore Supply Vessel Market Size (US$ Million), 2018-2029

Based on or includes research from QYResearch: Global Offshore Supply Vessel Market Report 2023-2029.

 

Figure.   Global Offshore Supply Vessel Top 5 Players Ranking and Market ShareBased on data of 2021, Continually updated

Based on or includes research from QYResearch: 2021 data information of Global Offshore Supply Vessel Market Report 2023-2029.

 

The global key manufacturers of Offshore Supply Vesse include DOF Group, Bourbon Offshore, Solstad Offshore, Edison Chouest, COSL, Tidewater, Swire Group, CBO Group, Maersk Supply Service, Siem Offshore, etc. In 2021, the global top five players had a share approximately 28.0% in terms of revenue.

 

 

 

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