The global market of offshore supply vessels around the world is growing rapidly. Increasing demand for automation in different energy verticals is the key factor which driving the market of offshore supply vessels. North America leads the global offshore supply vessels market. It offers benefits such as real time detection of faults in machineries, decrease the amount of defects in output as well as decrease production cost. Offshore supply vessels systems are being deployed in countries like India and China for smart grid techniques and to reduce power transmission and distribution losses. The existing supply and demand gap in the oil and gas sector has increased the need for efficient search and extraction of oil and gas. Offshore supply vessels systems are implemented to maximize oil and gas extraction. Additionally, the renewed interest in shale gas extraction has also driven the offshore supply vessels systems market.
Supply vessel referred as important part for transport and carry out logistics analysis based on their use. Carrying capacity, sailing, loading and unloading capabilities are the main functions for offshore market. Moreover, Delivery platforms help to maintain the requirements of construction and maintenance. Technical innovation of the vessels such as using fiberglass instead of steel provides different companies with substantial benefits from a weight and repair cost perspective.
On the other hand, the global for offshore support vessels market is expected to confront the challenges of high replacement and maintenance cost associated with these vessels. However, technological advancements transpired in the field of Offshore Supply Vessels that have allowed to overcome the obstacles faced while extending the lifetime of wells are assuring the rising demand for Offshore Supply Vessels operations.
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The market appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. The key players also focus on the design and installation engineering of equipment for offshore vessels. They involve in various specialist markets such as crane vessels, dredgers, semi-submersibles, offshore construction and supply vessels, offshore platforms and FPSO’s to acquire an in-depth knowledge of customer processes. However their core focus remains on Offshore Patrol Vessels, Landing Platform Docks, Mine Counter-Measure Vessels and submarines.
The major player operating in the market of Global Offshore supply vessels are Rem Maritime As, Bass Marine Pty Ltd. Harvey Gulf, Bourbon SA, Tidewater, ExxonMobil, Island Offshore Management, Havila Shipping ASA, Intermarine LLC
Industry/ Innovation/Related News:
January 11, 2018 – Statoil, the Norwegian energy company, announced that by May 2018 the company will send a vessel to survey a triangular slice of federal waters about 15 miles south of Long Island, where the company is planning to construct a wind farm that could generate up to 1.5 gigawatts of electricity for New York City and Long Island.
January 03, 2018 – Royal IHC (Netherlands), a global supplier of innovative and efficient offshore supply vessels announced that it together with Oceanteam ASA (Norway), a global offshore service provider; executed a signing protocol under the terms of which IHC will acquire all of the outstanding share capital of Oceanteam’s Dutch based engineering and consultancy company ‘KCI’ the Engineers B.V. subject to certain conditions precedent through an agreed Sale and Purchase Agreement.
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TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE:
1.3.1 GLOBAL OFFSHORE SUPPLY VESSELS MARKET: BY TYPE
1.3.2 GLOBAL OFFSHORE SUPPLY VESSELS MARKET: BY DEPTH
1.3.5 GLOBAL OFFSHORE SUPPLY VESSELS MARKET: BY REGION
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCHPT
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION
3 MARKET DYNAMICS
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
4 EXECUTIVE SUMMARY
5. MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS
6 GLOBAL OFFSHORE SUPPLY VESSELS MARKET
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