Offshore Support Vessels Market Growth, Share, Outlook and Forecast 2023-2028

According to IMARC Group’s latest report, titled “ Offshore Support Vessels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, the global offshore support vessels market size reached US$ 43.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028. Offshore support vessels (OSVs) are specialized ships designed to provide support and services to offshore oil and gas exploration and production operations. These vessels are used to transport personnel, equipment, and supplies to offshore installations, and can also be used for various other tasks, including towing, anchor handling, firefighting, and rescue operations. OSVs are typically equipped with advanced navigation and communication systems, as well as specialized equipment, such as cranes, winches, and helidecks. They play a crucial role in the offshore oil and gas industry, ensuring...