According to a market report by Lucintel, the future of the global offshore support vessel market looks promising with opportunities in the oil & gas, offshore wind, patrolling, and research & surveying markets. The global offshore support vessel market is expected to reach an estimated $25 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are increasing investments in offshore oil and gas exploration and production activities, expansion of offshore renewable energy projects, as well as, rising trend of upgrading older vehicle fleets.

A more than 150 – page report is developed to understand trends, opportunity and forecast in offshore support vessel market to 2030 by water depth (shallow water, deepwater, and ultra-deepwater), vessel type (anchor handling tug supply vessel, platform supply vessels, crew vessel, and others), application (oil & gas, offshore wind, patrolling, research & surveying, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, anchor handling tug supply vessel, platform supply vessels, and crew vessel are the major segments of offshore support vessel market by Vessel type. Lucintel forecasts that anchor handling tug supply vessel will remain the largest segment over the forecast period because the AHTS units provide a strong design and variety of extra characteristics to push massive oil and gas buildings from shore to the appropriate site.

Within this market, offshore wind is expected to witness highest growth over the forecast period due to deployment of renewable energy sources.

APAC will remain the largest region over the forecast period due to existence of vast offshore reserves, growing enthusiasm for sustainable energy alternatives, and growing demand for OSVs for port support and logistics services.

DOF, Solstad Offshore, Tidewater, A.P. Moller – Maersk, Siem Offshore, BOURBON, and Vroon are the major suppliers in the offshore support vessel market.



This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]