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Offshore Wind Turbine Installation Vessel Market Trends and Forecast

The future of the global offshore wind turbine installation vessel market looks promising with opportunities in the onshore wind and offshore wind markets. The global offshore wind turbine installation vessel market is expected to grow with a CAGR of 15.6% from 2025 to 2031. The major drivers for this market are the rising investment in offshore wind energy projects, the growing demand for renewable energy, and the increasing size & capacity of wind turbines.

• Lucintel forecasts that, within the type category, heavy lift vessel is expected to witness the highest growth over the forecast period.
• Within the application category, onshore wind is expected to witness higher growth.
• In terms of region, Europe is expected to witness the highest growth over the forecast period.

Offshore Wind Turbine Installation Vessel Market Trends and Forecast

Offshore Wind Turbine Installation Vessel Market by Segment

Emerging Trends in the Offshore Wind Turbine Installation Vessel Market

The offshore wind turbine installation vessel market is being determined by a number of important trends fueled by advances in technology, regulation, and market demand. The trends are improving the abilities of installation vessels and making them more important to offshore wind projects internationally. The following are five important trends in the offshore wind turbine installation vessel market.
• Use of Larger Installation Vessels: With the ever-growing size of offshore wind turbines, there is a growing need for larger installation vessels that can accommodate the bigger components and heavier loads. Such vessels are engineered to carry and install turbines with greater efficiency and accuracy, decreasing installation time and cost. The move towards larger ships is especially marked in Europe, where the new generation of wind turbines is being installed in the deep water. This will continue to encourage the creation of more sophisticated, dedicated installation vessels that will be capable of serving the needs of newer offshore wind schemes.
• Application of Floating Wind Turbine Installation Vessels: With the increasing popularity of floating wind turbine technology, there has been increasing need for purpose-built installation vessels tailored to installing floating turbines. The vessels are better suited to the special challenges posed by floating wind turbines, such as their installation in deeper water where fixed-bottom turbines cannot be installed. Installation vessels for floating wind turbines are projected to form a major market segment, particularly in areas such as Japan and the U.S. West Coast, where floating wind technology is being increasingly adopted. This trend is creating new markets and opportunities for installation vessels.
• Sustainability and Reduced Emissions: There is an emerging trend towards creating environmentally friendly and low-emission offshore wind turbine installation vessels. As more environmental regulations are put in place and the world moves towards sustainability, manufacturers are turning their attention to creating vessels with lower carbon emissions. Such innovations involve alternative fuel usage, fuel efficiency, and green technology. With governments and businesses seeking to achieve carbon neutrality, demand for sustainable installation vessels that respond to the increased focus on green energy is high.
• Automation and Digitalization of Installation Vessels: The market for offshore wind turbine installation vessels is also adopting digitalization and automation. Vessels with cutting-edge digital technologies, such as sensors, automated cranes, and data analytics, can enhance operational efficiency, safety, and accuracy. Automation is especially useful in saving labor costs and avoiding human error in installations. Digital technology adoption also enables real-time monitoring of vessel performance and predictive maintenance capabilities. As the offshore wind market grows, such technological innovations are transforming the manner in which installation vessels function, making them efficient and economical.
• Growth of Offshore Wind Projects in Developing Markets: Developing markets, particularly in Asia and the U.S., are witnessing growth in offshore wind development. This is fueling demand for installation vessels specifically designed to meet these new regionsÄX%$%X unique conditions, such as deeper waters, greater wave heights, and more isolated locations. Offshore wind project expansions in nations like India, the U.S., and Japan are resulting in high demand for installation vessels, thereby fueling investment in new and modified vessels. As these markets grow up, requirements for installation-specific equipment will continue to increase, causing more sales of offshore wind turbine installation vessels.
These new trends are heavily influencing the offshore wind turbine installation vessel market by boosting vessel capabilities, efficiency, and responding to the needs of an expanding offshore wind industry. The transition towards bigger, greener, and high-tech vessels is enhancing the efficiency of offshore wind installations overall, while new market opportunities in emerging markets are driving the demand for specialized installation vessels.
Emerging Trends in the Offshore Wind Turbine Installation Vessel Market

Recent Development in the Offshore Wind Turbine Installation Vessel Market

The sales market for offshore wind turbine installation vessels is seeing significant growth due to both technological progress and the international movement towards renewable energy. Various important developments are impacting this market, such as the development of bigger, more capable installation vessels and the increasing offshore wind farms across the globe. Five of the most important developments over recent years are explained below, as they are the major drivers shaping the market today and pushing the growth forward tomorrow.
• Development of Larger and More Efficient Vessels: Current developments in offshore wind turbine installation ships are centered on making the ships larger and more efficient. The new ships are made to carry larger wind turbines, which need stronger and more efficient installation equipment. These developments enable quicker installation and more operational flexibility. As offshore wind turbines grow in size and magnitude, the need for larger ships that can support the next generation of turbines has increased tremendously.
• Hybrid and Green Technology Adoption: Due to increased environmental awareness, some ship builders are integrating hybrid and green technologies into offshore wind turbine installation vessels. These technologies are designed to minimize the carbon footprint of installation vessels and make them more efficient in terms of energy. Recent innovations involve the utilization of alternative fuels like hydrogen and biofuels, and the adoption of energy-saving technology. These green technologies are in sync with worldwide sustainability objectives and are increasingly becoming an important factor while designing new ships.
• Rise in Floating Wind Turbine Installations: Floating wind turbine technology is becoming popular, particularly where there are deep waters and normal fixed-bottom turbines are not applicable. Installation ships are being engineered to meet the unique demands of floating wind turbines, which generally include different means of installation compared to traditional turbines. Growth in floating wind farms is generating fresh demand for specific installation ships, thereby growing the market for them in areas such as Japan, the U.S., and Europe.
• Increasing Investment in Emerging MarketsÄX%$%X Offshore Wind Projects: Emerging markets, particularly in Asia and North America, are investing heavily in offshore wind power. The United States has taken major leaps forward in developing offshore wind capacity along its East Coast, and nations such as India and Japan are accelerating their offshore wind projects. These emerging markets are demanding specialized offshore wind turbine installation vessels, as they need customized solutions for the specific challenges of their geography and environments.
• Technological Integration for Higher Automation: Offshore wind turbine installation vessels are increasingly incorporating automation and digital technologies to enhance installation efficiency. These innovations include automated cranes, real-time performance monitoring, and data analytics for predictive maintenance. The use of automation reduces the need for human labor and minimizes errors, leading to more efficient operations. As the market grows, technological advancements in automation will continue to improve the overall performance and cost-effectiveness of offshore wind turbine installation vessels.
Current trends in the offshore wind turbine installation vessel industry are promoting substantial growth, as driven by technological, sustainability, and design innovations. The demand for larger, more efficient vessels, combined with the growth of floating wind turbines and the spread of offshore wind farms to emerging markets, is opening up new opportunities for vessel manufacturers. These advancements are molding the future of the offshore wind turbine installation vessel market, setting it up for further growth in the coming years.

Strategic Growth Opportunities in the Offshore Wind Turbine Installation Vessel Market

Offshore wind turbine installation vessel are in the process of a substantial change, being driven by increased demand for clean energy and improved vessel design technologies. The main growth opportunities exist in a number of applications such as utility-scale projects, floating wind turbines, and offshore wind installations in emerging economies. The following section details five main growth opportunities in the offshore wind turbine installation vessel market.
• Utility-Scale Offshore Wind Farms: One of the biggest growth prospects in the offshore wind turbine installation vessel market is the creation of vessels designed for large utility-scale offshore wind farms. Large-scale developments need specialized vessels capable of handling high-capacity turbines and enabling long-duration installation operations in deeper waters. With numerous nations striving to expand their renewable energy capacity, utility-scale offshore wind farms are gaining prominence, and demand for installation vessels that can effectively carry out these large-scale projects is on the rise.
• Floating Wind Turbine Installations: Floating wind turbine technology is a new trend in offshore wind energy, especially in deep waters. The need for dedicated installation vessels for floating wind turbines is on the rise as more nations venture into this technology. The installation process of floating wind farms needs to be different, and installing vessels need to be configured for these unique requirements. As demand increases for floating wind farms, installing vessels to install these complicated projects will be needed more.
• Offshore Wind Development in Emerging Markets: Emerging economies in Asia, North America, and other parts of the world are investing significantly in offshore wind power. As the markets grow, there is increasing demand for installation vessels capable of withstanding the challenges presented by local conditions. These emerging markets offer a major opportunity for installation vessel builders to launch new vessels that will cater to the particular requirements of these markets, such as peculiar geographic conditions and local regulations.
• Digitalization and Technological Innovation: Incorporating advanced digital solutions and automation into offshore wind turbine installation ships presents a prime growth prospect. Automated cranes, real-time monitoring, and predictive maintenance, among other technologies, are increasing the pace, safety, and cost-effectiveness of installations. With further development of such technologies, demand will be increasing for ships fitted with state-of-the-art automation and digital capabilities designed to enhance operating efficiency.
• Sustainability and Environmental Focus: Environmental sustainability is increasingly becoming a priority in the offshore wind turbine installation vessel industry. Governments and businesses alike are under pressure to minimize the carbon footprint of their activities, thus driving demand for eco-friendly technologies in installation vessels. Hybrid, environmentally friendly vessels that run on alternative fuels as well as energy-efficient technologies will remain a central growth opportunity, especially in countries with high environmental regulation standards.
Strategic opportunities for growth in the market for offshore wind turbine installation vessels are fueled by offshore wind project expansions, technology advancements, and a move towards cleaner and more efficient operations. The increasing need for specialized vessels that can manage floating wind turbines, coupled with rising investments in emerging economies, will continue to drive the growth of the market over the next few years.

Offshore Wind Turbine Installation Vessel Market Driver and Challenges

The offshore wind turbine installation vessel market is being affected by several drivers and challenges that are dictating its growth pattern. Some of these drivers and challenges include technological development, economic drivers, regulatory drivers, design challenges, supply chain restrictions, and market competition. Below are the drivers and challenges affecting the market.
The factors responsible for driving the offshore wind turbine installation vessel market include:
1. Technological Advancements: Advances in vessel technology, digitalization, and automation are fueling the offshore wind turbine installation vessel market growth. Emerging developments in vessel capabilities, like larger turbines and floating wind farms, are enhancing installation efficiency and growing the potential of the market. Digital technologies like real-time monitoring and predictive maintenance are optimizing vessel operations, increasing market demand further.
2. Increased Demand for Offshore Wind Power: With nations competing to achieve renewable energy targets and curb carbon emissions, demand for offshore wind power is expanding at a high rate. Installation vessels for offshore wind turbines play a vital role in the effective installation of offshore wind farms, and therefore the demand for vessels is high. Increased growth of offshore wind farms, especially in Europe, Asia, and North America, is driving the market.
3. Government Policies and Incentives: Government policies to encourage offshore wind energy development, including subsidies, tax credits, and renewable energy targets, are promoting investment in offshore wind schemes. These policies are stimulating demand for installation vessels since they allow the quick development of offshore wind capacity. With governments continuing to favor renewable energy, the installation vessel market is anticipated to develop steadily.
4. Emphasis on Sustainability: Environmental and sustainability concerns are increasingly dictating the market for offshore wind turbine installation vessels. With the tightening of environmental regulations, producers are creating environmentally friendly vessels with reduced carbon footprints. The trend is not only aiding in the expansion of the market but also aligning with worldwide efforts to cut down on greenhouse gas emissions and slow climate change.
5. Increased Investment in Emerging Economies: Emerging economies, especially in Asia and North America, are stepping up investments in offshore wind power. These economies offer a huge opportunity for the installation vessel market, as they need vessels that are designed to suit local conditions. As these economies keep on developing, the demand for installation vessels will increase, leading to the overall development of the industry.
Challenges in the offshore wind turbine installation vessel market are:
1. High Capital Investment: Offshore wind turbine installation vessels are capital-intensive in terms of development and operation. The expense of constructing specialist vessels, as well as the maintenance necessary, can act as a deterrent for companies at a smaller scale wishing to penetrate the market. Such a high capital investment threshold can constrain market expansion as well as limit competition.
2. Supply Chain Constraints: Material supply chain and labor constraints, notably skilled labor, may hinder offshore wind turbine installation vessel construction. Delays in the availability of vessels and vessel construction can hamper the on-time delivery of offshore wind installations. Overcoming these supply chain challenges will be key to sustaining the smooth growth of the market for offshore wind turbine installation vessels.
3. Existing Technologies Competition: The offshore wind turbine installation vessel industry is threatened by incumbent technologies, e.g., jack-up rigs and barges, which have served the offshore wind installation process for decades. These incumbent technologies can offer lower initial capital expenditure, thereby making it challenging for new vessels to penetrate. To counter this, vessel builders will need to offer greater efficiency, cost savings, and capability.
The offshore wind turbine installation vessel market is driven by various strong drivers, namely technological developments, increasing offshore wind energy demand, and incentives offered by governments. Nevertheless, such challenges as a high investment amount, supply limitations, and competitiveness of traditional technology need to be overcome in order to sustain long-term growth. In general, the market itself is looking toward growth since all these drivers and challenges tend to develop over time.

List of Offshore Wind Turbine Installation Vessel Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies offshore wind turbine installation vessel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the offshore wind turbine installation vessel companies profiled in this report include-
• A2SEA
• MPI-Offshore
• Seajacks
• Fred. Olsen Windcarrier
• Geosea
• Van Oord
• Jack-Up Barge
• SEAFOX
• Swire Blue Ocean
• Gaoh Offshore

Offshore Wind Turbine Installation Vessel Market by Segment

The study includes a forecast for the global offshore wind turbine installation vessel market by type, application, and region.

Offshore Wind Turbine Installation Vessel Market by Type [Value from 2019 to 2031]:


• Self-Propelled Jack-Up Vessel
• Normal Jack-Up Vessel
• Heavy Lift Vessel

Offshore Wind Turbine Installation Vessel Market by Application [Value from 2019 to 2031]:


• Onshore Wind
• Offshore Wind

Offshore Wind Turbine Installation Vessel Market by Region [Value from 2019 to 2031]:


• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Offshore Wind Turbine Installation Vessel Market

The market for Offshore wind turbine installation vessel has witnessed significant growth as a result of the increased need for renewable energy and technological advancements in offshore wind technologies. A number of nations, such as the United States, China, Germany, India, and Japan, are heavily committing to offshore wind projects and increasing their installation vessel fleet in response to increased energy needs. These developments are defining the market, with different technological and infrastructural innovations in each country. Below, we discuss recent important developments in the offshore wind turbine installation vessel market in these five countries.
• United States: The United States has developed significantly in offshore wind, especially along the East Coast, where several large-scale offshore wind farms are in development. Recent developments have involved the buildup of U.S. offshore wind installation fleets, with firms investing in dedicated vessels to underpin the development of this sector. Offshore wind commitment from the government, combined with rising federal backing, has continued to spur these developments. The Biden administrationÄX%$%Xs plan to secure 30 gigawatts of offshore wind power through 2030 is likely to fuel high demand for installation vessels over the next few years.
• China: China dominates the worldÄX%$%Xs offshore wind turbine market in capacity and is aggressively building its installation vessel fleet. With a strong emphasis on the renewable energy sector, China has witnessed a significant upsurge in construction of offshore wind farms, encouraged by the evolution of specialized vessels meant for mega-installations. The nation is also spending big on enhancing the efficiency of these ships, with a target of lowering installation costs and enhancing working schedules. ChinaÄX%$%Xs escalating demand for offshore wind power, coupled with improved installation vessels technology, is likely to make it a market leader.
• Germany: GermanyÄX%$%Xs market for offshore wind turbines and installation ships is already established, making it a major player in the European offshore wind industry. Recent developments in the nation involve greater investments in installation vessels with high capacities that will accommodate the increasing size of future wind turbines. German industry is concentrating on enhancing the environmental integrity of these vessels through the adoption of cleaner technologies and lowering emission levels. With a focus on increasing offshore wind capacity as part of its renewable energy ambitions, Germany is likely to remain a key driver of demand for specialist installation vessels in the European market.
• India: India has been quite interested in the development of offshore wind energy projects, especially along its western coast. The government has launched initiatives to promote offshore wind energy and is actively engaged in developing the required infrastructure, including installation vessels. IndiaÄX%$%Xs commitment to increasing the size of its renewable energy portfolio has seen co-operations with overseas companies introduce specialized offshore installation ships to market. As the offshore wind sector matures in India, the requirement for effective, value-for-money installation ships will increase, bringing with it an opportunity for development by both indigenous and overseas providers.
• Japan: Japan is advancing offshore wind growth as part of a larger energy transformation strategy. The nation is concentrating on building up its capacity of offshore wind energy, specifically in terms of floating wind turbines that need to be installed with specialized vessels. JapanÄX%$%Xs vessel technology advancements are oriented towards minimizing the costs and maximizing the efficiency of installation. As part of its strategy focusing on offshore wind power for the attainment of carbon neutrality targets, JapanÄX%$%Xs demand for offshore wind turbine installation vessels will steadily expand as both local and foreign investors engage with the industry.
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Features of the Global Offshore Wind Turbine Installation Vessel Market

Market Size Estimates: Offshore wind turbine installation vessel market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
Segmentation Analysis: Offshore wind turbine installation vessel market size by type, application, and region in terms of value ($B).
Regional Analysis: Offshore wind turbine installation vessel market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the offshore wind turbine installation vessel market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the offshore wind turbine installation vessel market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Lucintel Consulting Services

FAQ

Q1. What is the growth forecast for offshore wind turbine installation vessel market?
Answer: The global offshore wind turbine installation vessel market is expected to grow with a CAGR of 15.6% from 2025 to 2031.
Q2. What are the major drivers influencing the growth of the offshore wind turbine installation vessel market?
Answer: The major drivers for this market are the rising investment in offshore wind energy projects, the growing demand for renewable energy, and the increasing size & capacity of wind turbines.
Q3. What are the major segments for offshore wind turbine installation vessel market?
Answer: The future of the offshore wind turbine installation vessel market looks promising with opportunities in the onshore wind and offshore wind markets.
Q4. Who are the key offshore wind turbine installation vessel market companies?
Answer: Some of the key offshore wind turbine installation vessel companies are as follows:
• A2SEA
• MPI-Offshore
• Seajacks
• Fred. Olsen Windcarrier
• Geosea
• Van Oord
• Jack-Up Barge
• SEAFOX
• Swire Blue Ocean
• Gaoh Offshore
Q5. Which offshore wind turbine installation vessel market segment will be the largest in future?
Answer: Lucintel forecasts that, within the type category, heavy lift vessel is expected to witness the highest growth over the forecast period.
Q6. In offshore wind turbine installation vessel market, which region is expected to be the largest in next 5 years?
Answer: In terms of region, Europe is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the offshore wind turbine installation vessel market by type (self-propelled jack-up vessel, normal jack-up vessel, and heavy lift vessel), application (onshore wind and offshore wind), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Offshore Wind Turbine Installation Vessel Market, Offshore Wind Turbine Installation Vessel Market Size, Offshore Wind Turbine Installation Vessel Market Growth, Offshore Wind Turbine Installation Vessel Market Analysis, Offshore Wind Turbine Installation Vessel Market Report, Offshore Wind Turbine Installation Vessel Market Share, Offshore Wind Turbine Installation Vessel Market Trends, Offshore Wind Turbine Installation Vessel Market Forecast, Offshore Wind Turbine Installation Vessel Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
                                                            Table of Contents

            1. Executive Summary

            2. Global Offshore Wind Turbine Installation Vessel Market : Market Dynamics
                        2.1: Introduction, Background, and Classifications
                        2.2: Supply Chain
                        2.3: Industry Drivers and Challenges

            3. Market Trends and Forecast Analysis from 2019 to 2031
                        3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
                        3.2. Global Offshore Wind Turbine Installation Vessel Market Trends (2019-2024) and Forecast (2025-2031)
                        3.3: Global Offshore Wind Turbine Installation Vessel Market by Type
                                    3.3.1: Self-Propelled Jack-Up Vessel
                                    3.3.2: Normal Jack-Up Vessel
                                    3.3.3: Heavy Lift Vessel
                        3.4: Global Offshore Wind Turbine Installation Vessel Market by Application
                                    3.4.1: Onshore Wind
                                    3.4.2: Offshore Wind

            4. Market Trends and Forecast Analysis by Region from 2019 to 2031
                        4.1: Global Offshore Wind Turbine Installation Vessel Market by Region
                        4.2: North American Offshore Wind Turbine Installation Vessel Market
                                    4.2.1: North American Market by Type: Self-Propelled Jack-Up Vessel, Normal Jack-Up Vessel, and Heavy Lift Vessel
                                    4.2.2: North American Market by Application: Onshore Wind and Offshore Wind
                        4.3: European Offshore Wind Turbine Installation Vessel Market
                                    4.3.1: European Market by Type: Self-Propelled Jack-Up Vessel, Normal Jack-Up Vessel, and Heavy Lift Vessel
                                    4.3.2: European Market by Application: Onshore Wind and Offshore Wind
                        4.4: APAC Offshore Wind Turbine Installation Vessel Market
                                    4.4.1: APAC Market by Type: Self-Propelled Jack-Up Vessel, Normal Jack-Up Vessel, and Heavy Lift Vessel
                                    4.4.2: APAC Market by Application: Onshore Wind and Offshore Wind
                        4.5: ROW Offshore Wind Turbine Installation Vessel Market
                                    4.5.1: ROW Market by Type: Self-Propelled Jack-Up Vessel, Normal Jack-Up Vessel, and Heavy Lift Vessel
                                    4.5.2: ROW Market by Application: Onshore Wind and Offshore Wind

            5. Competitor Analysis
                        5.1: Product Portfolio Analysis
                        5.2: Operational Integration
                        5.3: Porter’s Five Forces Analysis

            6. Growth Opportunities and Strategic Analysis
                        6.1: Growth Opportunity Analysis
                                    6.1.1: Growth Opportunities for the Global Offshore Wind Turbine Installation Vessel Market by Type
                                    6.1.2: Growth Opportunities for the Global Offshore Wind Turbine Installation Vessel Market by Application
                                    6.1.3: Growth Opportunities for the Global Offshore Wind Turbine Installation Vessel Market by Region
                        6.2: Emerging Trends in the Global Offshore Wind Turbine Installation Vessel Market
                        6.3: Strategic Analysis
                                    6.3.1: New Product Development
                                    6.3.2: Capacity Expansion of the Global Offshore Wind Turbine Installation Vessel Market
                                    6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Offshore Wind Turbine Installation Vessel Market
                                    6.3.4: Certification and Licensing

            7. Company Profiles of Leading Players
                        7.1: A2SEA
                        7.2: MPI-Offshore
                        7.3: Seajacks
                        7.4: Fred. Olsen Windcarrier
                        7.5: Geosea
                        7.6: Van Oord
                        7.7: Jack-Up Barge
                        7.8: SEAFOX
                        7.9: Swire Blue Ocean
                        7.10: Gaoh Offshore
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
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