Global Platform Supply Vessels (PSV) Market Report By Type (PSV below 3000 DWT, PSV above 3000 DWT), By Applications (Oil and Gas Production, Offshore Construction, Military, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214032
January 2021
Report Formats:
Global Platform Supply Vessels (PSV) Market Overview
The global platform supply vessels (PSV) market size was valued at USD 3 billion by 2019 and is estimated to reach USD 18 billion with a prominent CAGR of 14% during the forecast period of 2021-2027. The key drivers impacting the platform supply vessels market are growing offshore oil & gas exploration and the logistics demand from the offshore units. The rising oil and gas demand globally leads to oil & gas exploration activities, thus expected to create more demand for PSVs in the forecast period. According to the International Association of oil and gas producer report (2018), the worldwide demand for oil in 2018 was 30% higher than it was in 2000. I addition, demand for natural gas was surged by 60% during 2018.

The increasing investment in oil and gas drilling activities worldwide is also estimated to be a significant determinant adding growth to the market. Also, the current trend of using platform supply vessel to supply essential goods and equipment to the offshore wind farms is considered as the key factor positively impacting the market. However, the high operational risk and maintenance cost may hamper the global platform supply vessels industry in the long run. Also, the significant decrease in oil prices is likely to restrict the market growth. The current industry trends, such as increased exploration actives in ultra-deepwater and arctic regions and the need for the replacement and decommission of old offshore infrastructure, are creating new market opportunities for the key players.

The platform supply vessels market is vast, with a large number of local and global players. The key leaders follow various strategies to improve their market position, such as mergers, acquisitions, expansions, and improved quality products at the best prices to enhance their market share across the world. For instance, In January 2017, GulfMark Offshore, Inc. and ASCO Marine, Ltd. signed an agreement for utilizing Highland Prince. It is a platform support vessel for its continental shelf operations in the U.K.The report studies a few key players of the global platform supply vessel market, covering the company profile, product list, and company financial information. The dominating key players included in the report are Daewoo Shipbuilding & Marine Engineering Co., Ltd., Grup Aresa Internacional, China Shipbuilding Industry Co. Ltd. Hanjin Heavy Industries & Construction Co., Ltd., Yangzijiang Shipbuilding Holdings Ltd, Fincantieri S.p.A.,  GulfMark Offshore, Inc., and ASCO Marine, Ltd always been the initial targets of platform supply vessels companies and many others. 

Global Platform Supply Vessels (PSV) Market Share

In this market research report, the market is segmented by applications, type, and region.

Analysis By Applications
By applications, the report is categorized into Oil and Gas Production, Offshore Construction, Military, Others. An oil and gas production dominates the application segment in 2019 with a maximum market share in terms of revenue. It is expected to maintain its dominancy over the forecast period because of the ever-increasing demand for oil and gas across various industries. Moreover, the rising investment in offshore drilling activity worldwide is driving the oil and gas application segment.
 
Analysis By Type
By type, the report is categorized into PSV below 3000 DWT, PSV above 3000 DWT. PSV below 3000 DWT dominate the type segment in 2019 with a maximum market share. It is due to its increasing usage in the transportation of goods, equipment, and rig crew to the offshore oil production and drilling platform.

Analysis By Region
In the regional outlook of the global platform supply vessels market, Asia pacific dominates with over two-thirds of shares in 2019. Asia Pacific region is the significant region globally, driving the market share over a forecast period. The stabilizing oil prices led to oil & gas operators, increasing exploration and production expenses in China's offshore market. Moreover, a growing number of long-term contracts and the development of offshore vessels for the offshore support vessel industry by the Indian companies drive its market in India. For instance, in October 2020, Indian company L&T launches an offshore patrol vessel for the Indian Coast Guard. The Middle East regions are also estimated to grow during the forecast period due to the rising focus on developing offshore reserves by replacing old onshore fields.

Market Segmentation covered in the Report:
By Type
  • PSV below 3000 DWT
  • PSV above 3000 DWT
By Applications
  • Oil and Gas Production, 
  • Offshore Construction, 
  • Military
  • Others
By Region
  • North America
  • Europe
  • the Asia Pacific
  • Latin America
  • The Middle East and Africa
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.  

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . PLATFORM SUPPLY VESSELS (PSV) – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Type
           3.7.2 By Applications
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL PLATFORM SUPPLY VESSELS (PSV) MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 PSV below 3000 DWT Market by Regions
       6.6 PSV above 3000 DWT Market by Regions
 
7 . GLOBAL PLATFORM SUPPLY VESSELS (PSV) MARKET ANALYSIS BY APPLICATIONS
       7.1 Overview by Applications
       7.2 Historical and Forecast Data
       7.3 Analysis by Applications
       7.4 Oil and Gas Production,  Market by Regions
       7.5 Offshore Construction,  Market by Regions
       7.6 Military Market by Regions
       7.7 Others Market by Regions
 
8 . GLOBAL PLATFORM SUPPLY VESSELS (PSV) MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE PLATFORM SUPPLY VESSELS (PSV) COMPANIES
       9.1. Platform Supply Vessels (Psv) Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF PLATFORM SUPPLY VESSELS (PSV) INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Daewoo Shipbuilding & Marine Engineering Co., Ltd.
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Grup Aresa Internacional
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. China Shipbuilding Industry Co. Ltd
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Hanjin Heavy Industries & Construction Co., Ltd.
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Yangzijiang Shipbuilding Holdings Ltd
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Fincantieri S.p.A.
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. GulfMark Offshore, Inc.
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. ASCO Marine, Ltd
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Type (USD MN)
  •  PSV below 3000 DWT Market by Geography (USD MN)
  •  PSV above 3000 DWT Market by Geography (USD MN)
  •  Analysis Market by Applications (USD MN)
  •  Oil and Gas Production,  Market by Geography (USD MN)
  •  Offshore Construction,  Market by Geography (USD MN)
  •  Military Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Platform Supply Vessels (Psv) Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Platform Supply Vessels (Psv) Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Platform Supply Vessels (Psv) Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Type
  •  Market Attractiveness Analysis by Applications
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Type (USD MN)
  •  PSV below 3000 DWT Market by Geography (USD MN)
  •  PSV above 3000 DWT Market by Geography (USD MN)
  •  Global Market Analysis by Applications (USD MN)
  •  Oil and Gas Production,  Market by Geography (USD MN)
  •  Offshore Construction,  Market by Geography (USD MN)
  •  Military Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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