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 January 27, 2016 - 1:18 PM EST
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Offshore Support Vessel Market Global Forecast - Expected to Reach $38.53 Billion by 2020 - Research and Markets

Research and Markets ( has announced the addition of the "Offshore Support Vessel Market - Global Forecast to 2020" report to their offering.

Growing demand for oil & gas is expected to drive the offshore support vessel market at a CAGR of 5.8% during the forecast period.

Meanwhile, the recent decline in the global crude oil price has negatively affected E&P activities, which is prominently visible with the sharp decline in the global rig count, affecting drilling activities. This has further affected the market of offshore support vessels. Discovery of new offshore oil & gas fields and growing demand for oil & gas are the major driving factors of the market.

Deep water offshore support vessels are expected to witness the highest growth in the market. With maturing onshore oilfields, subsea and offshore markets are expected to grow significantly over the next few years, with West Africa, North America, South America, and Europe leading in total expenditures. As a result, deep water offshore support vessels are estimated to grow at the highest rate and are slightly ahead of shallow water offshore support vessels.

Companies Mentioned:

  • Bourbon Sa
  • Edison Chouest Offshore
  • Farstad Shipping Asa
  • Gulfmark Offshore Inc.
  • Harvey Gulf International Marine, Llc
  • Havila Shipping Asa
  • Hornbeck Offshore
  • Island Offshore Management as
  • Rem Maritime as
  • Seacor Marine Llc.
  • Siem Offshore Inc.
  • Solstad Offshore Asa
  • Swire Group Ltd.
  • The Maersk Group
  • Tidewater, Inc.
  • Vroon Group

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Offshore Support Vessel Market, By Type

7 Offshore Support Vessel Market, By Depth

8 Offshore Support Vessel Market, By Region

9 Competitive Landscape

10 Company Profiles

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Energy and Natural Resources, Maritime

Source: Business Wire (January 27, 2016 - 1:18 PM EST)

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