The United States offshore support vessels market size reached US$ 4.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.1% during 2025-2033.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
|
US$ 4.1 Billion |
Market Forecast in 2033
|
US$ 7.2 Billion |
Market Growth Rate 2025-2033 | 6.1% |
Offshore support vessels are utilized for transporting supplies, goods and equipment during construction activities and subsea exploration. They are also used to locate and inspect oil and gas-bearing areas, offer maintenance facilities and tow and position rigs/platforms. Besides this, they also provide services, such as anchor management, platform support and transportation, and respond to emergencies at offshore installations. At present, crane, diving support, pipe laying vessels, platform supply vessels (PSV’s) and seismic survey ships are some of the common categories of offshore support vessels that find extensive application across the United States.
The offshore supply vessels market in the US is primarily driven by the inflating prices of oil and the declining cost of drilling. As a result, the offshore oil production, along with the offshore rig count, has significantly increased. Moreover, the emerging trends of exploration and development activities to maintain offshore production is positively influencing the market. Apart from this, the rising offshore wind activities in the country are augmenting the construction, maintenance, operation, and other activities, which, in turn, are acting as another growth-inducing factors. However, the ongoing coronavirus disease (COVID-19) pandemic has impacted the offshore supply vessels market growth due to a slump in the demand for goods. The market will witness growth once normalcy is attained post removal of lockdown restrictions.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States offshore support vessels market report, along with forecasts at the country and regional level from 2025-2033. Our report has categorized the market based on type, water depth, fuel, service type and application.
Breakup by Type:
Breakup by Water Depth:
Breakup by Fuel:
Breakup by Service Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | US$ Billion |
Segment Coverage | Type, Water Depth, Fuel, Service Type, Application, Region |
Region Covered | Northeast, Midwest, South, West |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |