Offshore Support Vessel Market Size to Grow $36.3 Billion by 2029

Offshore Support Vessel Market
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

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

Offshore Support Vessel (OSV) Market Size
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,...

Offshore Support Vessel Market worth $31.4 Billion by 2028

Offshore Support Vessel Market
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,...

Hydraulic Fracturing Market to Penetrate Untapped Regions During 2021 – 2026

According to the new market research report “Hydraulic Fracturing Market by Well Type (Horizontal Well, and Vertical Well), Technology (Plug and Perf, and Sliding Sleeve), Application (Shale gas, Tight Oil, and Tight gas), and Region – Global Trends and Forecast to 2026″ The hydraulic fracturing market is projected to reach USD 50.2 billion by 2026. The hydraulic fracturing...

Offshore Support Vessel Market worth $26.8 Billion by 2026

Offshore Support Vessel Market
The global Offshore Support Vessel Market is expected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, during the forecast period. The market growth is driven by robust investments in the offshore oil & gas and renewable sectors. Increasing deepwater activities and decommissioning of aging offshore infrastructure is likely to offer lucrative...

Well Intervention Market: Overview of Key Strategies Developed by Top Players

Well Intervention Market
According to a research report, Well Intervention Market size will grow to  USD 9.3 billion by 2026 from USD 7.6 billion in 2021, at a CAGR of 4.2% during the forecast period. Continuous rise in number of mature oil & gas fields in North America, Europe, and the Middle East, along with growing primary energy demand from the Asia Pacific are the driving factors for the well intervention market,...

Thermoplastic Pipe Market – Strategies Set to Create New Revenue Streams for Companies

Thermoplastic Pipe Market
The global thermoplastic pipe market is driven by the increasing usage of engineered thermoplastic materials in manufacturing pipes. The global thermoplastic pipe market is projected to reach USD 3.3 billion by 2026 from an estimated USD 2.7 billion in 2021, at a CAGR of 4.5% during the forecast period. Key Market Players: The major players in the global thermoplastic pipe market are...

Offshore Decommissioning Market Booming Worldwide with Strong Growth in Near Future

Offshore Decommissioning Market
The global offshore decommissioning market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%. Aging offshore oil & gas infrastructure and maturing fields are driving the offshore decommissioning industry. Low oil prices of the past couple of years have made it even more difficult to maintain low production mature reserves, driving...

Offshore Support Vessel Market Booming Worldwide with Strong Growth by 2026

Offshore Support Vessel Market
The global Offshore Support Vessel Market is expected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, during the forecast period. The market growth is driven by robust investments in the offshore oil & gas and renewable sectors. Increasing deepwater activities and decommissioning of aging offshore infrastructure is likely to offer lucrative...