© 2016 Global Market Insights, Inc. USA. All Rights Reserved Offshore Support Vessel Market Price, Trends, Industry Outlook & Forecast
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Offshore Support Vessel Market size is projected to witness a robust growth owing to increasing subsea productions and explorations supported by high investments during the forecast timeframe. Offshore production is significantly propelling owing to the unexploited potential for large hydrocarbon reserves in deep water to cater to the increased energy demands and worldwide. Global Offshore Support Vessel Market The offshore support vessels (OSV) operate in different water depths including shallow, deep and ultra- deep ranges. The global offshore support vessel market is progressing into deep and ultra-deep water zones with the advent of new technologies. Development towards attaining operational excellence, enhancing water depth capabilities and diversification in OSVs will further complement the offshore support vessel market growth. Introduction of Dynamic Positioning System in OSVs eliminated water depth constraints and ensured better maneuverability and positioning of the vessel. Global Market Scenario of Offshore Support Vessel Industry
© 2016 Global Market Insights, Inc. USA. All Rights Reserved High initial investments coupled with volatile oil prices may challenge the offshore support vessel market growth. Key factors including vessel size, horsepower, lifespan, trading boundaries and need for compliance to changing regulatory framework strictly govern the global offshore support vessel market. Reasons to Buy This Report: 1. Offshore Support Vessel Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Offshore Support Vessel Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles In North America, the U.S. and the Gulf of Mexico serve as one of the potential offshore support vessel markets. Europe is anticipated to witness a high growth in the offshore support vessels industry owing to increased subsea productions and explorations. Oil and gas prices are projected to rise in the region in coming years accounting to high capital investment on E&P activities. Asia-Pacific is evolving as one of the major leaders for the offshore support carriers, owing to increasing growth in the offshore activities in South China Sea. Some of the high potential regions for the offshore support vessel market include China, India, Thailand, Malaysia, and Indonesia amongst others. Continue…
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