DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2jcdkj/offshore_support) has announced the addition of the "Offshore Support Vessel Market - Global Trends & Forecast To 2018" report to their offering.
Offshore support vessel market is expected to reach $91.2 billion market by 2018 with an anticipated firm annualized growth rate of 5.7% from 2013 to 2018. The US - Gulf of Mexico (GOM), with its thriving economies and rapidly expanding manufacturing base, is expected to experience the highest revenue growth during the next five years. In terms of vessel count (demand), APAC is dominating the market.
This market is dependent on offshore exploration and production activities, which is one of the key driving factors. Any fluctuation in offshore industry or in oil and gas market is completely reflected in the offshore support vessel market.
Favorable demand in APAC and the growing number of offshore platforms are also expected to be the major demand drivers for the market.
The companies involved in offshore support vessel business are thus expanding into emerging markets such as APAC, U S - Gulf of Mexico (GOM), South America, North-West Europe etc. Technological advancements and innovative new vessels are the key strategies that are helping the companies to maximize their revenues.
Anchor Handling, Towing and Supply Vessel (AHTS) is the major vessel type for offshore support vessel market. It is expected to maintain a dominating position over the next few years. The market is also studied with respect to other types of vessels including Platform Supply Vessels (PSV), Multi-Purpose Service Vessel (MPSV), Crew boats, Standby and Rescue vessels.
Geographically, the market is studied for different regions such as APAC, North-West Europe, South America, U S- Gulf of Mexico (GOM), West Africa, Middle East and Rest of the World (ROW). The value and volume market for offshore support vessel (by demand) is analyzed in detail for all the micro and macro markets. The study covers different growth strategies such as products launch, expansions, and agreements followed by key manufacturers over a period of time.
Companies Mentioned:
- Abdoncallais Offshore Llc
- Bass Marine Pty Ltd
- Bourbon Sa
- China Yantai Salvage
- Edison Chouest Offshore (ECO)
- Farstad Shipping ASA
- Gulfmark Offshore Inc
- Harvey Gulf International Marine
- Havila Shipping Asa
- Intermarine Llc
- Island Offshore Management As
- Maersk Supply Service
- Rem Maritime As
- Seacor Marine Llc
- Siem Offshore
- Solstad Offshore Asa
- Swire Pacific Limited
- Tidewater Inc
- Vroon Groupa
For more information visit http://www.researchandmarkets.com/research/2jcdkj/offshore_support
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