The global subsea and offshore services market size accounted for USD 16.50 billion in 2025 and is forecasted to hit around USD 27.97 billion by 2034, representing a CAGR of 6.04% from 2025 to 2034. The North America market size was estimated at USD 5.60 billion in 2024 and is expanding at a CAGR of 6.19% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Subsea and Offshore Services Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Subsea and Offshore Services Market, by Service Type
8.1.1 Engineering, Procurement, Construction, Installation & Commissioning (EPCIC)
8.1.1.1. Market Revenue and Forecast
8.1.2. Inspection, Maintenance, And Repair (IMR)
8.1.2.1. Market Revenue and Forecast
8.1.3. Subsea Intervention & Remediation
8.1.3.1. Market Revenue and Forecast
8.1.4. Diving & Manned Intervention
8.1.4.1. Market Revenue and Forecast
8.1.5. Survey Services
8.1.5.1. Market Revenue and Forecast
8.1.6. Subsea Construction Support
8.1.6.1. Market Revenue and Forecast
8.1.7. Logistics & Project Management
8.1.7.1. Market Revenue and Forecast
8.1.8. Decommissioning Services
8.1.8.1. Market Revenue and Forecast
8.1.9. Subsea Power & Umbilical Services
8.1.9.1. Market Revenue and Forecast
9.1. Subsea and Offshore Services Market, by Application / End-Use Sector
9.1.1. Offshore Oil & Gas
9.1.1.1. Market Revenue and Forecast
9.1.2. Offshore Renewable Energy
9.1.2.1. Market Revenue and Forecast
9.1.3. Marine Infrastructure & Utilities
9.1.3.1. Market Revenue and Forecast
10.1. Subsea and Offshore Services Market, by Water Depth / Geography Type
10.1.1. Shallow Water Services (0–200 m)
10.1.1.1. Market Revenue and Forecast
10.1.2. Deepwater Services (> 1,000 m)
10.1.2.1. Market Revenue and Forecast
10.1.3. Mid-Water Services (200–1,000 m)
10.1.3.1. Market Revenue and Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Service Type
11.1.2. Market Revenue and Forecast, by Application / End-Use Sector
11.1.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Service Type
11.1.4.2. Market Revenue and Forecast, by Application / End-Use Sector
11.1.4.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Service Type
11.1.5.2. Market Revenue and Forecast, by Application / End-Use Sector
11.1.5.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.2. Europe
11.2.1. Market Revenue and Forecast, by Service Type
11.2.2. Market Revenue and Forecast, by Application / End-Use Sector
11.2.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Service Type
11.2.4.2. Market Revenue and Forecast, by Application / End-Use Sector
11.2.4.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Service Type
11.2.5.2. Market Revenue and Forecast, by Application / End-Use Sector
11.2.5.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Service Type
11.2.6.2. Market Revenue and Forecast, by Application / End-Use Sector
11.2.6.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Service Type
11.2.7.2. Market Revenue and Forecast, by Application / End-Use Sector
11.2.7.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.3. APAC
11.3.1. Market Revenue and Forecast, by Service Type
11.3.2. Market Revenue and Forecast, by Application / End-Use Sector
11.3.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Service Type
11.3.4.2. Market Revenue and Forecast, by Application / End-Use Sector
11.3.4.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Service Type
11.3.5.2. Market Revenue and Forecast, by Application / End-Use Sector
11.3.5.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Service Type
11.3.6.2. Market Revenue and Forecast, by Application / End-Use Sector
11.3.6.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Service Type
11.3.7.2. Market Revenue and Forecast, by Application / End-Use Sector
11.3.7.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.4. MEA
11.4.1. Market Revenue and Forecast, by Service Type
11.4.2. Market Revenue and Forecast, by Application / End-Use Sector
11.4.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Service Type
11.4.4.2. Market Revenue and Forecast, by Application / End-Use Sector
11.4.4.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Service Type
11.4.5.2. Market Revenue and Forecast, by Application / End-Use Sector
11.4.5.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Service Type
11.4.6.2. Market Revenue and Forecast, by Application / End-Use Sector
11.4.6.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Service Type
11.4.7.2. Market Revenue and Forecast, by Application / End-Use Sector
11.4.7.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Service Type
11.5.2. Market Revenue and Forecast, by Application / End-Use Sector
11.5.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Service Type
11.5.4.2. Market Revenue and Forecast, by Application / End-Use Sector
11.5.4.3. Market Revenue and Forecast, by Water Depth / Geography Type
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Service Type
11.5.5.2. Market Revenue and Forecast, by Application / End-Use Sector
11.5.5.3. Market Revenue and Forecast, by Water Depth / Geography Type
12.1. DeepOcean
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Sembcorp
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Keppel Corporation
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. PT.Offshore Services Indonesia (OSI)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Marine B.V
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. ITC Global
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. SBSS
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Hobeck Offshore Services
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Acteon
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Island Offshore
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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