Deepwater Projects Create High Spec OSV Demand

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2025-06-19 10:19:50

The global OSV market reached approximately USD 46.2 billion in 2024 and is projected to climb to USD 61.3 billion by 2033, achieving a steady 3.2% CAGR. A wider forecast suggests the market will hit around USD 31.4 billion by 2028, growing at 6.7% CAGR Driving forces include evolving offshore oil & gas exploration, the rise of offshore wind, deepwater expansion, and the modernization of...

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