Offshore Support Vessel Market

The offshore support vessel (OSV) market comprises specialized ships that serve offshore energy operations. The primary customers are companies in the oil & gas and offshore wind sectors. Key growth drivers include rising global energy demand, increased investment in deep-water exploration and production, and a significant expansion in offshore wind farm construction and maintenance activities.

CAGR

4.2%

Compound Annual Growth Rate

Current Value

$26.7B

Estimated 2026

Projected Value

$37.1B

By 2034

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