Global Offshore Support Vessels Market - 2019-2026
発行: DataM Intelligence
世界のオフショア支援船市場は、 石油・ガス探査活動のためのオフショア支援船の需要の高まり、液化天然ガス（LNG）需要の増加、および世界中の再生可能セクターへの投資の増加によって成長が牽引されています。 2019年の国際ガス連合報告書によると、世界のLNG取引量は2018年と比較して13％増加し、354.7MTとなりました。オフショア支援船はLNG探査のために重要な役割を果たしており、世界のオフショア支援船の需要を後押ししています。また、北米地域は、高度な技術と自動車用の高い石油需要により、市場が順調に成長すると予測されています。
Offshore support vessels are designed to accomplish variety of task including transfer of medium to large loads required in offshore operations. The offshore support vessels are used specially for providing support and transportation in the oil exploration and construction work. Support vessels can be available from length 50 to 100 meters for performing various tasks including to provide essential supplies to the excavation and construction units located at the high seas. Support vessels has some of the crucial advantages as it provides comfortable accommodation, transiting and relieving of crewing personnel, proper logistics on board service, maneuvering systems and dive support systems at sea level. The global offshore support vessels market valued USD XX million in 2018 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2026.
The market is driven by the rising demand of offshore support vessels for oil and gas exploration activities, raising liquefied natural gas (LNG) demand, and increasing investment in the renewable sector worldwide. According to the International Gas Union Report in 2019, the global LNG trade has been increased by 13% with unit of 40.9 MT increased to 354.7 MT as compare to 2018. The offshore support vessels plays vital role for LNG exploration, the organization also stated that, the global LNG fleet consists of 541 active vessels in the 2019 year. Similarly the global nominal regasification capacity has increased to 826 MTPA by February 2020 which propels the offshore support vessels demand around the globe.
There is a rise in the launch of new innovative next generation design implemented offshore support vessels for oil and gas industry may create huge opportunity for the growth of the this market. For instance 28th Feb 2019, Havila shipping Company has been implemented Rolls-Royce's next generation Energy Management System for nine offshore vessels including four platform supply vessels (PSV), four anchor handling tug supply (AHTS) ships, and one rescue and recovery vessel (RRV).
The global offshore support vessels market is segmented based on type, application, and region.
In terms of type the global offshore support vessels market is bifurcated into platform supply vessels (PSVS), Accommodation Ships, Anchor Handling Tug Vessel (AHTV), Seismic vessel, and Well intervention vessel. Among this platform supply vessels (PSVS) segment has highest share in 2019 owing to good stability, fast lead time, handy vessel, for the easy to maintain, and strong adaptability to in the any field. This vessel has substantial usage in drilling rig platforms to help in the oil excavation operations. According to the DNV GL's Energy Transition Outlook, the onshore oil production is projected to be double with around 22 million barrels per day (Mbpd) by 2035.
Similarly Accommodation ships, Anchor Handling tug vessel (AHTV), Seismic vessel, and Well intervention vessel segment are also growing at faster pace owing to rising the oil exploration and production activities, wind energy establishments in the sea for creating the wind farms for electricity supply. For instance on 29th July 2019 March 2020, Scotland's has been built largest offshore wind farm which was officially opened. The project has capacity of 588MW costing Euro 2.65bn for electricity generation.
Depending on the application, the global offshore support vessels are segmented into oil exploration and drilling, and offshore wind. Among this oil exploration and drilling segment has the highest market share in 2019. This growth is anticipated due rise in oil exploration and production activities from the developing region like China, India and Middle East Countries. According to the Organization of the Petroleum Exporting Countries, overall half of the global refinery capacity of oil and natural gases 9.5 million barrels per day has been added from the Asia-Pacific, and Middle East region. Thus for the oil exploration the offshore support vessels has substantial use to help in handling various tanks loads of different capacities.
Similarly, offshore wind segments are also growing at faster pace owing to increasing demand for the electricity with the renewable energy sources like wind farm at sea level. Europe has planned to establish huge, floating offshore wind turbine at sea. According to the trade body WindEurope in 2019, the average size of offshore turbines installed were 7.8 MW. International Consortium of Investigative Journalists Organization's report, the countries like Germany, Spain Norway, France, and Denmark has aimed for reducing the cost of floating offshore wind energy production. Thus to build such huge infrastructure of wind energy turbines and other components, the offshore support vessels play vital role for transport and accommodation.
By region, the global offshore support vessels market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, Asia Pacific is the dominating region for the global offshore support vessels market and expected to grow at the highest CAGR during the forecasted period due growing oil exploration and production countries with surge demand followed by North America region. Furthermore, Asia Pacific countries have huge container traffic which requires offshore support vessels to move the container loads. As per the United Nations Conference on Trade and Development (UNCTAD) in 2018, the container port traffic in the Asian Countries was 64% whereas in Europe and North America region were 16% and 8% respectively. This organization also stated that, the Asian Countries are responsible for almost 90% ship manufacturing whereas China leads with around 40% ship production. Furthermore the offshore support vessels have huge demand at different ports to handle the containers for import export activities.
The North America region is expected to have positive market growth due to the presence of advanced technology and high petroleum demand for automotive vehicles. According to the API Petroleum Statistical Data in 2020, the U.S. petroleum demand for gasoline vehicles was around 2.0 million barrels per day (mb/d) which propels the oil and gas exploration activities. Thus with surge in the oil & gas exploration activities, the offshore support vessels helps to handle and transport the components, machinery at sea level.
The global Offshore support vessels market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Swire Group, Tidewater, ExxonMobil, Havila Shipping, Hornbeck Offshore Services, Siem Offshore, The Maersk Group, Seacor Marine LLC, Bourbon, Solstad Offshore ASA are the leading market players with significant market share.
Major players are receiving launching new projects with advanced technology offshore support vessels for industrial, oil & gas explorations. For instance, on December 2019, ExxonMobil has been reported Mako-1 encountered oil-bearing sandstone reservoir with approximately 164 feet (50 meters) of a high-quality. The oil reservoir was located approximately six miles (10 kilometers) southeast of the Liza field.
Companies are entering into the collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance, on 4th March 2020, JFLCO Company had been completed the acquisition of global marine group for around USD 99 millions. Furthermore on 8th Jan 2020, Shearwater Company has been completed long-term marine and strategic vessel transaction with acquisition of CGG Company. The both made five-year capacity service agreement to takeover of five high-end seismic vessels.