(MENAFN- Nxtgen Reports) In this report,global Pipelay Vessel Market will reach 943.0 Million USD by the end of 2022 with a CAGR of -5.50%
The global Pipelay Vessel market was valued at 1251.5 Million USD in 2017 and will reach 943.0 Million USD by the end of 2022, growing at a CAGR of -5.50% during 2017-2022.
Popularly known as PLV, pipelaying ship is a maritime vessel used in the construction of subsea infrastructure. It serves to connect oil production platforms with refineries on shore. To accomplish this goal a typical pipelaying vessel carries a heavy lift crane, used to install pumps and valves, and equipment to lay pipe between subsea structures.
Pipelay Vessel can be divided into three categories: J-lay Barges type, S-lay Barges type and Reel Barges type. J-lay Barges type accounted for the highest proportion in revenue market, with a figure of 63.71% in 2017, followed by Reel Barges type, account for 18.87% and S-lay Barges type account for 17.43%.
In 2017, a total of six devices were sold globally, including four in Europe and two in South America.
Pipelaying ship is a maritime vessel used in the construction of subsea infrastructure. It serves to connect oil production platforms with refineries on shore. To accomplish this goal a typical pipelaying vessel carries a heavy lift crane, used to install pumps and valves, and equipment to lay pipe between subsea structures. Mining and transportation of Oil & Gas projects has led to the increasing demand for pipelaying ship. Increasing offshore projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the pipelay vessel market during the forecast period. With increased focus on offshore market, the pipelay vessel market is likely to witness a Steady growth in coming years.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Pipelay Vessel for these regions, from 2014 to 2026 (forecast), covering
Global Pipelay Vessel market competition by top manufacturers/players, with Pipelay Vessel sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Pipelay Vessel for each application, including
Shallow & Benign
Harsh & Deep
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