Global Construction Vessel Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Construction Vessel Market By Type & Systems: Global Opportunity Analysis and Industry Forecast, 2017–2025,” ,” the construction vessel market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. European region dominates the construction vessel market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
The demand for dynamic-positioning vessels which includes computer controlled system is increasing compare to non-dynamic-positioning vessels. Also, increase in oil & gas exploration helps to increase the production of construction vessel & support provided to the offshore transportation.
The key factor that drives oilfield specialty market in North America is expansion of shale oil & gas industries. Asia-pacific is expected to witness fastest growth in upcoming years. The active participation of countries like Saudi Arabia & Iran will drives the growth of market globally.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global construction vessel market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: National Oilwell Varco, BOA Offshore AS, GC Rieber Shipping, The Damen Group, Technip S.A, Swiber Holdings Ltd., Delta SubSea LLC, Baku Shipyard, Tidewater Inc., and ABB Ltd."
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