Market Overview:
The global construction support vessels market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas, submarine communications, power, and other applications. In terms of type, the platform supply vessels segment is expected to lead the market during the forecast period. This can be attributed to their ability to provide offshore support services such as transportation of personnel, equipment, and supplies; firefighting; search and rescue; rig moves; anchor handling; and marine survey operations.
Product Definition:
A construction support vessel (CSV) is a naval auxiliary ship, or other specialized vessel, used to provide support to maritime construction projects such as dredging, offshore drilling or pipeline installation. They may also be used in port operations such as loading and unloading of cargo and personnel, as well as providing water and power connections to the shore.
Platform Supply Vessels:
Platform supply vessels are specialized cargo ships that offer a wide range of services including dry bulk, liquid bulk, general cargo and containerized cargoes. They are used to transport goods from one place to another in the offshore oil & gas industry. The global market for platform supply vessels is expected to witness significant growth over the forecast period owing to increasing demand for crude oil and natural gas from various end-use industries such as power generation, transportation and domestic applications like heating and cooking.
Multipurpose Supply Vessels:
Multipurpose supply vessels are cargo ships designed to carry different kinds of goods including construction materials, food & beverages, and other industrial supplies. They are built with versatile capabilities to carry out multiple tasks in a single voyage. The multipurpose supply vessel is mainly used by the construction companies as it has the ability to transport building materials such as steel and glass curtain walling which can be assembled in one trip rather than sending them individually on various deliveries.
Application Insights:
The oil & gas segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for crude oil from offshore platforms, growing need to transport petroleum products onshore, and an increase in drilling activities across the globe.
Submarine communications is anticipated to witness significant growth over the forecast period owing to rising demand from various industries including energy & power generation and defense among others. These vessels are used for communication between surface ships & submarines as they have high-frequency radios that enable them access into deep waters without any wires connecting them with shore stations.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. China, India, Japan, South Korea and Taiwan are some of the prominent markets in this region.
The demand for oil & gas vessels is anticipated to be a key factor influencing regional growth over the forecast period owing to growing energy needs across emerging economies such as China and India. In addition, factors such as favorable government policies aimed at promoting offshore oilfield development along with increasing exploration activities are likely to drive industry expansion over the next eight years.
Europe accounted for more than 20% share of global revenue in 2017 owing to high maritime activity levels observed across countries including Germany, Italy.
Growth Factors:
- Increasing demand for construction support vessels from the oil and gas industry as a result of increasing exploration and production activities.
- Growing demand for construction support vessels from the renewable energy sector due to increasing installation of wind turbines and solar farms.
- Rising investments in infrastructure development projects across the globe, which is expected to drive the need for construction support vessels in the near future.
- Proliferation of maritime trade and increase in seaborne traffic, especially in developing countries, is anticipated to boost growth of the global construction support vessels market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Construction Support Vessels Market Research Report
By Type
Platform Supply Vessels, Multipurpose Supply Vessels
By Application
Oil & Gas, Submarine Communications, Power, Others
By Companies
Nam Cheong, VT Halter Marine, Americasn SB, Damen, SINOPACIFIC, Shipyard DeHoop, Wuchang Shipbuilding, BAE Systems, Ulstein Verft, Bollinger Shipyards, Bordelon Marine SB, Eastern Shipbuilding Group, Remontowa, Harvey Shipyards
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Construction Support Vessels Market Report Segments:
The global Construction Support Vessels market is segmented on the basis of:
Types
Platform Supply Vessels, Multipurpose Supply Vessels
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Submarine Communications, Power, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nam Cheong
- VT Halter Marine
- Americasn SB
- Damen
- SINOPACIFIC
- Shipyard DeHoop
- Wuchang Shipbuilding
- BAE Systems
- Ulstein Verft
- Bollinger Shipyards
- Bordelon Marine SB
- Eastern Shipbuilding Group
- Remontowa
- Harvey Shipyards
Highlights of The Construction Support Vessels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Platform Supply Vessels
- Multipurpose Supply Vessels
- By Application:
- Oil & Gas
- Submarine Communications
- Power
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Construction Support Vessels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Construction support vessels are used to transport materials and equipment during the construction of a project.
Some of the major companies in the construction support vessels market are Nam Cheong, VT Halter Marine, Americasn SB, Damen, SINOPACIFIC, Shipyard DeHoop, Wuchang Shipbuilding, BAE Systems, Ulstein Verft, Bollinger Shipyards, Bordelon Marine SB, Eastern Shipbuilding Group, Remontowa, Harvey Shipyards.
The construction support vessels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Construction Support Vessels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Construction Support Vessels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Construction Support Vessels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Construction Support Vessels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Construction Support Vessels Market Size & Forecast, 2020-2028
4.5.1 Construction Support Vessels Market Size and Y-o-Y Growth
4.5.2 Construction Support Vessels Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Platform Supply Vessels
5.2.2 Multipurpose Supply Vessels
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Submarine Communications
6.2.3 Power
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Construction Support Vessels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Construction Support Vessels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Platform Supply Vessels
9.6.2 Multipurpose Supply Vessels
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Submarine Communications
9.10.3 Power
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Platform Supply Vessels
10.6.2 Multipurpose Supply Vessels
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Submarine Communications
10.10.3 Power
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Platform Supply Vessels
11.6.2 Multipurpose Supply Vessels
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Submarine Communications
11.10.3 Power
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Platform Supply Vessels
12.6.2 Multipurpose Supply Vessels
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Submarine Communications
12.10.3 Power
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Platform Supply Vessels
13.6.2 Multipurpose Supply Vessels
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Submarine Communications
13.10.3 Power
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Construction Support Vessels Market: Competitive Dashboard
14.2 Global Construction Support Vessels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nam Cheong
14.3.2 VT Halter Marine
14.3.3 Americasn SB
14.3.4 Damen
14.3.5 SINOPACIFIC
14.3.6 Shipyard DeHoop
14.3.7 Wuchang Shipbuilding
14.3.8 BAE Systems
14.3.9 Ulstein Verft
14.3.10 Bollinger Shipyards
14.3.11 Bordelon Marine SB
14.3.12 Eastern Shipbuilding Group
14.3.13 Remontowa
14.3.14 Harvey Shipyards
