Offshore Support Vessel Market Share Expected to Reach $36.3 billion by 2029
The global Offshore Support Vessel Market Share is expected to grow from USD 25.6 billion in 2024 to USD 36.3 billion by 2029, at a CAGR of 7.2% during the 2024-2029. An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services, such as transportation...
Offshore Support Vessel Market Size to Grow $36.3 Billion by 2029
The global Offshore Support Vessel Market in terms of revenue was estimated to be worth $25.6 billion in 2024 and is poised to reach $36.3 billion by 2029, growing at a CAGR of 7.2% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The global Offshore Support Vessel Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the...
Support at Sea: Trends in the Offshore Support Vessel Market
An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services, such as transportation of personnel, equipment and supplies, maintenance and repair, and oil spill response. The market growth of OSVs is driven by substantial investments in the offshore...
Offshore Support Vessel (OSV) Market Size Expected to Reach $31.4 Billion by 2028
The global Offshore Support Vessel Market size is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services,...
Fuel Cell Generator Market worth $2.1 Billion by 2030
The global Fuel Cell Generator Market is projected to reach USD 2.1 billion in 2030 from USD 0.4 billion in 2023 at a CAGR of 25.4% according to a new report by MarketsandMarkets™. The chemical energy of a fuel is converted directly into electricity by a fuel cell generator, which is an electrical power generation system that makes use of fuel cell technology. It is made up of a stack of fuel...
Offshore Support Vessel Market worth $31.4 Billion by 2028
The global Offshore Support Vessel Market is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services,...
High-Speed Engine Market worth $27.1 Billion by 2026
The global High-Speed Engine Market is projected to reach USD 27.1 billion by 2026 from an estimated USD 21.1 billion in 2021, at a CAGR of 5.1% during the forecast period. Rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism are the major drivers of the High-Speed Engine Markets. Increased demand for backup power...
Fuel Cell Generator Market worth $1.4 Billion by 2030
According to the new market research report “Fuel Cell Generator Market by Type (PEMFC, SOFC, AFC), End User
(Marine, Aquaculture, Construction, Agriculture, Data Center, Emergency
Response Generator), Region (North America, Europe, Asia Pacific, Rest of the
World) – Global Forecast to 2030”, published by MarketsandMarkets™, The
global fuel cell generator market size is estimated to be...
Shore Power Market Size to Reach $2.8 Billion by 2027
According to the new market research report
“Shore
Power Market by Installation (Shoreside, Shipside), Connection (New
Installation, Retrofit), Component (Transformers, Frequency Converters, and
More), Power Output (Up to 30 MVA, 30 to 60 MVA, Above 60 MVA) and Region –
Global Forecast to 2027″, published by MarketsandMarkets™, the Shore
Power Market size will grow to USD 2.8 billion...
Marine VFD Market Likely to Boost Future Growth by 2026
According to the new market research report “Marine VFD Market by Type (AC Drive, DC Drive), Voltage (Low Voltage, Medium Voltage), Application (Pump, Fan, Compressor, Propeller (With Shaft Generator, Without Shaft Generator), Crane & Hoist), and Region – Global Forecast to 2026 “ size will grow to USD 1,075 million by 2026 (forecast year) from USD 804 million in 2021 (estimated...