Global Anchor Handling Tug Supply Vessels Market Insights, Forecast to 2028

Anchor handling tug supply vessels are specially designed to handle anchors for oil rigs, tow ships to location, anchor ships and oil rigs, and serve as an emergency response and rescue vessel. The increasing number of offshore oil rigs is one of the primary factors driving the growth of this market globally. Oil rigs are offshore oil platforms that facilitate the drilling of wells for exploration and production activities. The increasing drilling of offshore oil and gas reserves will lead to a rise in the number of AHTS vessels. Moreover, the maturing onshore oil reserves in the North Sea and the Gulf of Mexico will also result in an augmented demand for AHTS vessels.
Market Analysis and Insights: Global Anchor Handling Tug Supply Vessels Market
Due to the COVID-19 pandemic, the global Anchor Handling Tug Supply Vessels market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Below 5,000 HP accounting for % of the Anchor Handling Tug Supply Vessels global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Oil & Gas segment is altered to an % CAGR throughout this forecast period.
One of the emerging factors spurring the growth prospects for this market is the increasing adoption of LNG-fueled vessels. Since LNG is cost-effective, the market is showing a trend of using LNG-fueled AHTS vessels instead of diesel-fueled ships. LNG is a low-pressure gas and is well suited for AHTS vessels. The LNG-fueled AHTS vessels are also likely to reduce the costs involved in the operation of AHTS, thereby propelling this market’s growth in the coming years.
In terms of production side, this report researches the Anchor Handling Tug Supply Vessels capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Anchor Handling Tug Supply Vessels by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Anchor Handling Tug Supply Vessels Scope and Segment
Anchor Handling Tug Supply Vessels market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Anchor Handling Tug Supply Vessels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Below 5,000 HP
5,000 - 9,999 HP
Above 10,000 HP
Segment by Application
Oil & Gas
Industrial
Others
By Company
BOURBON
Farstad Shipping
Havila Shipping
SEACOR Holdings
Swire Pacific Offshore Operations
Tidewater
Bass Marine
China Oilfield Services
Deep Sea Supply
Eastern Shipbuilding
EMAS Offshore
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E