Product Code: ETC4534705 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India offshore support vessel market is a vital sector supporting the nation`s offshore oil and gas industry. Offshore support vessels are specialized ships and boats designed to provide various services to offshore oil and gas operations. These vessels are essential for transporting personnel, equipment, and supplies to offshore platforms, as well as for providing assistance during drilling, production, and maintenance activities. India expanding offshore oil and gas sector relies on a diverse fleet of offshore support vessels to ensure the smooth and efficient operation of offshore facilities. The market encompasses a wide range of vessel types, including supply vessels, crew boats, and anchor handling tug supply vessels. The India offshore support vessel market plays a pivotal role in ensuring the safe and productive operation of offshore facilities, supporting the nation`s energy exploration and production activities.
The India offshore support vessel market is primarily driven by the need for logistics, transportation, and support services for offshore drilling and production operations. Offshore support vessels, including supply vessels and crew boats, are essential for the safe and efficient functioning of offshore facilities. The market is influenced by the increasing exploration of offshore reserves and the expansion of offshore activities. The demand for specialized support vessels in deepwater and challenging environments further boosts the market. Challenges include fluctuations in oil prices, vessel maintenance, and safety regulations.
Challenges in the India Offshore Support Vessel Market include the need for modernizing and expanding the vessel fleet, ensuring the safety of crew and equipment during offshore operations, and adapting to fluctuating demand in the oil and gas sector.
The offshore support vessel market was affected by reduced offshore activities. However, as the industry resumes its operations, the demand for support vessels is expected to rebound, driven by exploration and production needs.
Key players include Bourbon Offshore, Swire Pacific Offshore, Tidewater, Maersk Supply Service, and Edison Chouest Offshore.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Offshore Support Vessel Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Offshore Support Vessel Market Revenues & Volume, 2021 & 2031F |
3.3 India Offshore Support Vessel Market - Industry Life Cycle |
3.4 India Offshore Support Vessel Market - Porter's Five Forces |
3.5 India Offshore Support Vessel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Offshore Support Vessel Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Offshore Support Vessel Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Offshore Support Vessel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in offshore oil and gas exploration activities in India |
4.2.2 Increasing demand for offshore support vessels for maintenance and logistics support |
4.2.3 Government initiatives to boost maritime infrastructure and promote domestic shipbuilding industry |
4.3 Market Restraints |
4.3.1 Volatility in oil prices affecting investment in offshore projects |
4.3.2 Regulatory challenges and environmental concerns impacting offshore operations |
4.3.3 Competition from other maritime transportation modes like pipelines and onshore logistics |
5 India Offshore Support Vessel Market Trends |
6 India Offshore Support Vessel Market, By Types |
6.1 India Offshore Support Vessel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Offshore Support Vessel Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Offshore Support Vessel Market Revenues & Volume, By Anchor-handling tug supply vessels, 2021-2031F |
6.1.4 India Offshore Support Vessel Market Revenues & Volume, By Platform support vessels, 2021-2031F |
6.1.5 India Offshore Support Vessel Market Revenues & Volume, By Multipurpose support vessels, 2021-2031F |
6.1.6 India Offshore Support Vessel Market Revenues & Volume, By Emergency response/standby and rescue vessels, 2021-2031F |
6.1.7 India Offshore Support Vessel Market Revenues & Volume, By Crew vessels, 2021-2031F |
6.1.8 India Offshore Support Vessel Market Revenues & Volume, By Seismic vessels, 2021-2031F |
6.2 India Offshore Support Vessel Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Offshore Support Vessel Market Revenues & Volume, By Shallow water , 2021-2031F |
6.2.3 India Offshore Support Vessel Market Revenues & Volume, By Deepwater, 2021-2031F |
6.3 India Offshore Support Vessel Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 India Offshore Support Vessel Market Revenues & Volume, By Oil & Gas , 2021-2031F |
6.3.3 India Offshore Support Vessel Market Revenues & Volume, By Offshore Wind, 2021-2031F |
7 India Offshore Support Vessel Market Import-Export Trade Statistics |
7.1 India Offshore Support Vessel Market Export to Major Countries |
7.2 India Offshore Support Vessel Market Imports from Major Countries |
8 India Offshore Support Vessel Market Key Performance Indicators |
8.1 Utilization rate of offshore support vessels in Indian waters |
8.2 Average age of the offshore support vessel fleet in India |
8.3 Number of contracts or projects awarded to domestic offshore support vessel companies |
8.4 Average daily charter rates for offshore support vessels in the Indian market |
8.5 Rate of technological advancements and adoption in the offshore support vessel sector in India |
9 India Offshore Support Vessel Market - Opportunity Assessment |
9.1 India Offshore Support Vessel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Offshore Support Vessel Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Offshore Support Vessel Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Offshore Support Vessel Market - Competitive Landscape |
10.1 India Offshore Support Vessel Market Revenue Share, By Companies, 2024 |
10.2 India Offshore Support Vessel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |