Report Code : CVMI24071673 | Published Date : July 16, 2024
The Offshore Support Vessels (OSVs) market is experiencing steady growth, fueled by the expansion of offshore oil and gas exploration, increasing installations of offshore wind farms, and advancements in vessel automation technology. Valued at USD XX billion in 2019, the market reached USD XX billion in 2023. It is expected to grow at a CAGR of XX% from 2024 to 2031, potentially reaching USD XX billion by 2031.
Offshore Support Vessels Market Key Market Insights
Offshore support vessels play a crucial role in subsea operations, transportation, and logistics for offshore projects. The demand for dynamic positioning (DP) systems, hybrid propulsion vessels, and autonomous OSVs is rising.
Offshore Support Vessels Market Growth Drivers
- Growing Offshore Oil and Gas Drilling Activities – The rise in deepwater and ultra-deepwater exploration projects is driving OSV demand.
- Rising Investments in Offshore Wind Energy – Offshore Service Vessels (OSVs) are increasingly utilized in the installation of wind farms and maintenance.
- Technological Advancements in Smart Navigation and Automation – The integration of AI-driven navigation, remote monitoring, and hybrid fuel technologies enhances operational efficiency efficiency.
- Government Regulations on Maritime Safety and Environmental Compliance – Stricter policies for emissions control, ballast water management, and safety compliance are shaping the OSV industry.
Offshore Support Vessels Market Regional Trends
- North America leads because of high offshore drilling activity in the Gulf of Mexico and a growing OSV fleet modernization.
- Europe is expanding with large-scale offshore wind projects and increasing investments in hybrid propulsion OSVs.
- The Asia-Pacific region is experiencing growth, fueled by deepwater exploration along the coasts of China and India, along with a rise in shipbuilding capabilities.
- Latin America and the MEA region are emerging markets that are benefiting from offshore oilfield expansions and the OSV fleet upgrades.
ClearView Market Insights Analysis;
The Offshore Support Vessels Market is poised for ongoing growth, fueled by the expansion of deepwater exploration, offshore renewable energy initiatives, and advancements in vessel technology. Companies investing in AI-driven navigation, hybrid propulsion OSVs, and regulatory-compliant vessel designs are set to lead this evolving sector.
Reasons To Buy

Scope

Key Players
- Bourbon Corporation
- Tidewater Inc.
- Maersk Supply Service
- Solstad Offshore ASA
- Siem Offshore Inc.
Global Offshore Support Vessels Market Report
- 1. Global Offshore Support Vessels Market Research Report
- 1.1 Study Objectives
- 1.2 Global Offshore Support Vessels Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Offshore Support Vessels Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Water Depth
- 2.1.3 By End User
- 2.1.4 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Water Depth, By End User, By Country
- 3.3. Opportunities – By Type, By Water Depth, By End User, By Country
- 3.4. Trends – By Type, By Water Depth, By End User, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Offshore Support Vessels Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Platform Supply Vessels (PSV)
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Anchor Handling Tug Supply (AHTS) Vessels
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Multipurpose Support Vessels (MPSV)
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.4 Crew Vessels
- 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.5 Standby and Rescue Vessels
- 5.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.6 Others
- 5.6.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.6.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.6.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.6.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Shallow Water
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Deepwater
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Ultra-Deepwater
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Oil and Gas Industry
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Offshore Wind Industry
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Defense Sector
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 North America
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Europe
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Asia-Pacific
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.4 Latin America
- 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.5 Middle East & Africa
- 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.6 Global Offshore Support Vessels Market - Opportunity Analysis Index, By Type, By Water Depth, By End User, and Region, 2024 - 2031
- 9.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 9.1.1 Platform Supply Vessels (PSV)
- 9.1.2 Anchor Handling Tug Supply (AHTS) Vessels
- 9.1.3 Multipurpose Support Vessels (MPSV)
- 9.1.4 Crew Vessels
- 9.1.5 Standby and Rescue Vessels
- 9.1.6 Others
- 9.2.1 Shallow Water
- 9.2.2 Deepwater
- 9.2.3 Ultra-Deepwater
- 9.3.1 Oil and Gas Industry
- 9.3.2 Offshore Wind Industry
- 9.3.3 Defense Sector
- 9.4.1 United States
- 9.4.2 Canada
9.6 Regional Trends Analysis
9.7 North America Global Offshore Support Vessels Market Research Report - Company Profiles- 9.7.1 Company 1 (United States)
- 9.7.2 Company 2 (Canada)
- 9.7.3 Company 3 (Canada)
- 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 10.1.1 Platform Supply Vessels (PSV)
- 10.1.2 Anchor Handling Tug Supply (AHTS) Vessels
- 10.1.3 Multipurpose Support Vessels (MPSV)
- 10.1.4 Crew Vessels
- 10.1.5 Standby and Rescue Vessels
- 10.1.6 Others
- 10.2.1 Shallow Water
- 10.2.2 Deepwater
- 10.2.3 Ultra-Deepwater
- 10.3.1 Oil and Gas Industry
- 10.3.2 Offshore Wind Industry
- 10.3.3 Defense Sector
- 10.4.1 Germany
- 10.4.2 United Kingdom
- 10.4.3 France
- 10.4.4 Spain
- 10.4.5 Italy
- 10.4.6 Russia
- 10.4.7 Netherlands
- 10.4.8 Poland
- 10.4.9 Rest of Europe
10.6 Regional Trends Analysis
10.7 Europe Global Offshore Support Vessels Market Research Report - Company Profiles- 10.7.1 Company 1 (Germany)
- 10.7.2 Company 2 (United Kingdom)
- 10.7.3 Company 3 (United Kingdom)
- 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Platform Supply Vessels (PSV)
- 11.1.2 Anchor Handling Tug Supply (AHTS) Vessels
- 11.1.3 Multipurpose Support Vessels (MPSV)
- 11.1.4 Crew Vessels
- 11.1.5 Standby and Rescue Vessels
- 11.1.6 Others
- 11.2.1 Shallow Water
- 11.2.2 Deepwater
- 11.2.3 Ultra-Deepwater
- 11.3.1 Oil and Gas Industry
- 11.3.2 Offshore Wind Industry
- 11.3.3 Defense Sector
- 11.4.1 China
- 11.4.2 Japan
- 11.4.3 India
- 11.4.4 South Korea
- 11.4.5 Australia & NZ
- 11.4.6 ASEAN
- 11.4.7 Rest of Asia-Pacific
11.6 Regional Trends Analysis
11.7 Asia-Pacific Global Offshore Support Vessels Market Research Report - Company Profiles- 11.7.1 Company 1 (China)
- 11.7.2 Company 2 (Japan)
- 11.7.3 Company 3 (Japan)
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Platform Supply Vessels (PSV)
- 12.1.2 Anchor Handling Tug Supply (AHTS) Vessels
- 12.1.3 Multipurpose Support Vessels (MPSV)
- 12.1.4 Crew Vessels
- 12.1.5 Standby and Rescue Vessels
- 12.1.6 Others
- 12.2.1 Shallow Water
- 12.2.2 Deepwater
- 12.2.3 Ultra-Deepwater
- 12.3.1 Oil and Gas Industry
- 12.3.2 Offshore Wind Industry
- 12.3.3 Defense Sector
- 12.4.1 Brazil
- 12.4.2 Mexico
- 12.4.3 Argentina
- 12.4.4 Peru
- 12.4.5 Colombia
- 12.4.6 Rest of Latin America
12.6 Regional Trends Analysis
12.7 Latin America Global Offshore Support Vessels Market Research Report - Company Profiles- 12.7.1 Company 1 (Brazil)
- 12.7.2 Company 2 (Mexico)
- 12.7.3 Company 3 (Mexico)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Platform Supply Vessels (PSV)
- 13.1.2 Anchor Handling Tug Supply (AHTS) Vessels
- 13.1.3 Multipurpose Support Vessels (MPSV)
- 13.1.4 Crew Vessels
- 13.1.5 Standby and Rescue Vessels
- 13.1.6 Others
- 13.2.1 Shallow Water
- 13.2.2 Deepwater
- 13.2.3 Ultra-Deepwater
- 13.3.1 Oil and Gas Industry
- 13.3.2 Offshore Wind Industry
- 13.3.3 Defense Sector
- 13.4.1 Saudi Arabia
- 13.4.2 UAE
- 13.4.3 South Africa
- 13.4.4 Egypt
- 13.4.5 Israel
- 13.4.6 Rest of Middle East and Africa
13.6 Regional Trends Analysis
13.7 Middle East & Africa Global Offshore Support Vessels Market Research Report - Company Profiles- 13.7.1 Company 1 (Saudi Arabia)
- 13.7.2 Company 2 (UAE)
- 13.7.3 Company 3 (UAE)
- 14.1 Strategic Dashboard of Top Market Players
14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 14.2.1 Bourbon Corporation
- 14.2.2 Tidewater Inc.
- 14.2.3 Maersk Supply Service
- 14.2.4 Solstad Offshore ASA
- 14.2.5 Siem Offshore Inc.
16. Principal Presumptions and Acronyms