The global offshore support vessels market size reached USD 19.01 Billion in 2025. The market is projected to grow at a CAGR of 6.80% between 2026 and 2035, reaching almost USD 36.70 Billion by 2035.
Base Year
Historical Period
Forecast Period
Offshore oil and gas projects are expected to dominate the market over the forecast period.
Deep water is expected to dominate the global offshore support vessels market.
The Middle East and Africa is expected to emerge as a leading region in the market.
Compound Annual Growth Rate
6.8%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Offshore Support Vessels Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 19.01 |
| Market Size 2035 | USD Billion | 36.70 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 6.80% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 7.8% |
| CAGR 2026-2035 - Market by Country | India | 9.0% |
| CAGR 2026-2035 - Market by Country | China | 7.5% |
| CAGR 2026-2035 - Market by Type | Platform Supply Vessel | 8.1% |
| CAGR 2026-2035 - Market by Application | Deep Water | 7.3% |
| Market Share by Country 2025 | UK | 3.5% |
The Middle East and Africa is expected to constitute a major portion of the global offshore support vessels market share. This is because of the high rate of offshore support vessel (OSV) utilisation (85-90%) in the region, driven by increasing government and foreign direct investments into the construction and maintenance of new oilfields and natural gas projects in Saudi Arabia, Qatar, and the United Arab Emirates. The offshore support vessels market growth is also being driven by the expansion of the offshore oil drilling facilities in the region.
Geopolitical tensions are expected to prompt major military powers to boost cross border collaboration for the procurement of OSVs. This is expected to enhance the security preparedness of nations at sea and propel the global offshore support vessels market expansion in the forecast period.
Ocean exploration is becoming a vital part of many nations’ climate action and energy security strategies. The United States of America, Australia, Iceland, and South Africa are undertaking seabed mapping and exploration activities to discover new mineral and biological sources of energy and study marine hazards and plate tectonics to improve their security against natural disasters. This is expected to drive the offshore support vessels market development in the forecast period.
"Global Offshore Support Vessels Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Region
| CAGR 2026-2035 - Market by | Country |
| India | 9.0% |
| China | 7.5% |
| Canada | 6.4% |
| UK | 6.2% |
| Australia | 5.3% |
| USA | XX% |
| Germany | XX% |
| France | 5.3% |
| Italy | XX% |
| Japan | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
The key global offshore support vessels market players are:-
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market was valued at nearly USD 19.01 Billion in 2025.
The market is projected to grow at a CAGR of 6.80% between 2026 and 2035.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 36.70 Billion in 2035.
The various applications of offshore support vessels are shallow water and deep water.
The different end uses of the product include offshore oil and gas and offshore wind.
The different types of offshore support vessels are anchor handling tug vessel (AHTV), platform supply vessel, multipurpose support vessel, crew vessel, and standby and rescue vessel, among others.
The major regions in the market include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The key market players are Tidewater Inc., AP Moeller - Maersk A/S, Royal IHC, SEACOR Marine Holdings Inc., Austal Ltd., Damen Shipyards Group, Hornbeck Offshore Services, Inc., Siem Offshore Inc., Harvey Gulf International Marine, LLC, Horizon Maritime Services Ltd., and Otto Candies, LLC, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share