Asia-Pacific Offshore Support Vessels Market Outlook to 2023 - Market Analysis by Geography, Type of Vessel, Competitive Landscape, Key Company Information - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

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Asia Pacific is one of the leading regions for growth in offshore development. A wide array of geographical factors has fueled the growth in offshore production which makes Asia Pacific a reasonably huge market for offshore support vessels. There has been a significant evolution of offshore support vessels in terms of reliability, diversification, and in their worldwide operation and water depth capabilities. The different categories of offshore support vessels available today are increasing with an increase in technological sophistication.

As oil and gas explorations move towards deeper waters, multi-functional offshore support vessels are now called upon to perform different tasks, and have created various niches or categories within the market. Present day offshore support vessels are equipped with increased cargo capacity, panoramic navigation bridge visibility, large accommodation spaces, enhanced crew amenities and state-of-the-art propulsion and automation systems.

Vessels designed for inspection, maintenance and repair are generally equipped with large accommodation spaces, heavy lift cranes, helidecks and streamlined bow forms for operation in harsh environments. Vessels specialized for multi-tasking carry out maintenance and repair operations on platform facilities as well as subsea pipelines and equipment.

 Efforts are now underway globally to explore new areas for oil and gas in view of decreasing reserves. Operators and explorers are now moving in to much deeper seas, where the use of subsea systems is prominent. Factors such as declining oil and gas reserves, increasing energy demand, and growth in subsea exploration activities are driving the market. On the flip side, environmental barriers such as occasions when the operators are forced to work in harsh environments, high initial costs, and lack of skilled labor are constraining the growth of the market.

The report analyzes the Market Definition for offshore support vessels along with identification of key drivers and restraints for the market. Identification and analysis of macro and micro factors affecting the Asia Pacific offshore support vessels market, with region specific assessments and competition analysis on a regional scale have been carried out. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies which can influence the market on a regional scale have been discussed in detail. An extensively researched competitive landscape section includes the profiles of major companies along with their market share, analysis of their current strategic interests and their key financial information.

1. Executive Summary

2. Research Methodology

3. Asia-Pacific Offshore Support Vessels Market Overview

3.1 Introduction

3.2 Market Size and Demand Forecast Until 2022

3.3 Recent Trends and Developments

3.4 Investment Opportunities

4. Market Dynamics

4.1 Drivers

4.2 Constraints

4.3 Opportunities

5. Offshore Support Vessels Value Chain Analysis

6. Asia-Pacific Offshore Support Vessels Market Analysis, by Country

6.1 China

6.1.1 Market Overview

6.1.2 Market Size and Demand Forecast Until 2022

6.2 India

6.2.1 Market Overview

6.2.2 Market Size and Demand Forecast Until 2022

6.3 Indonesia

6.3.1 Market Overview

6.3.2 Market Size and Demand Forecast Until 2022

6.4 Malaysia

6.4.1 Market Overview

6.4.2 Market Size and Demand Forecast Until 2022

6.5 Australia

6.5.1 Market Overview

6.5.2 Market Size and Demand Forecast Until 2022

6.6 Rest of Asia-Pacific

6.6.1 Market Overview

6.6.2 Market Size and Demand Forecast Until 2022

7. Asia-Pacific Offshore Support Vessels Market Analysis, by Type

7.1 Anchor Handling Tug/Anchor Handling Towing Supply Vessels (AHT/AHTSs)

7.1.1 Overview

7.1.2 Market Size and Demand Forecast Until 2022

7.1.3 Orderbook Analysis

7.1.4 Charter Rate Analysis

7.2 Multi-Purpose/Multi-Role Supply Vessels (MPSV)

7.2.1 Overview

7.2.2 Market Size and Demand Forecast Until 2022

7.2.3 Orderbook Analysis

7.2.4 Charter Rate Analysis

7.3 Platform Supply Vessels

7.3.1 Overview

7.3.2 Market Size and Demand Forecast Until 2022

7.3.3 Orderbook Analysis

7.3.4 Charter Rate Analysis

7.4 Others

8. Key Company Analysis

8.1 Bourbon Offshore

8.2 Bass Marine Pty Ltd. 

8.3 Deep Sea Supply Plc.

8.4 Farstad Shipping ASA

8.5 GulfMark Offshore, Inc.

8.6 Gulfshield 

8.7 Intermarine LLC

8.8 Maersk Supply Service 

8.9 Seacor Marine

8.10 Siem Offshore

8.11 Swire Pacific Offshore

8.12 Tidewater, Inc. 

9. Competitive Landscape

9.1 Mergers & Acquisitions

9.2 Joint Ventures, Collaborations and Agreements

10. Appendix

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