Pipe Laying Vessel Market

By Installation;

J-Lay Barges, S-Lay Barges, and Reel Barges

By Positioning System;

Anchor System and Dynamic Positioning System

By Depth;

Shallow Water and Deepwater

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn211461893 Published Date: September, 2025 Updated Date: October, 2025

Pipe Laying Vessel Market Overview

Pipe Laying Vessel Market (USD Million)

Pipe Laying Vessel Market was valued at USD 2,957.70 million in the year 2024. The size of this market is expected to increase to USD 5,476.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.2%.


Pipe Laying Vessel Market

*Market size in USD million

CAGR 9.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.2 %
Market Size (2024)USD 2,957.70 Million
Market Size (2031)USD 5,476.62 Million
Market ConcentrationMedium
Report Pages400
2,957.70
2024
5,476.62
2031

Major Players

  • Subsea 7
  • Allseas
  • Tidewater Inc.
  • TechnipFMC plc
  • Saipem
  • Gulfmark Offshore Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Pipe Laying Vessel Market

Fragmented - Highly competitive market without dominant players


The Pipe Laying Vessel Market is expanding steadily as offshore projects demand specialized vessels for subsea pipeline installation. Around 54% of offshore developments now depend on these vessels for efficient and reliable operations. Their ability to manage complex deep-water tasks reinforces their importance in energy infrastructure growth.

Oil and Gas Sector Driving Growth
A significant share of demand comes from the oil and gas industry, where nearly 58% of subsea pipelines are installed using pipe laying vessels. Their role in enabling precise deployment, minimizing downtime, and supporting both shallow and deep-water projects makes them critical to global energy supply.

Advancements Improving Vessel Capabilities
Recent progress in automation, dynamic positioning, and heavy-lift systems has increased efficiency by over 42%. Nearly 50% of newly launched vessels are equipped with smart systems that improve accuracy, safety, and performance. These advancements are strengthening their adoption across large-scale offshore projects.

Efficiency and Cost Benefits Encouraging Adoption
Offshore operators are seeking faster and more cost-effective project execution, with about 47% reporting shorter timelines through modern pipe laying vessels. Improved automation and advanced pipeline handling tools have boosted cost efficiency by more than 35%, making these vessels highly attractive for large investments.

Smart Marine Operations Integration
The trend toward digitalized maritime operations is enhancing vessel adoption, with over 60% of offshore projects using pipe laying vessels equipped with smart connectivity and predictive maintenance tools. Their integration supports real-time decision-making, operational sustainability, and efficient execution, highlighting their role in future-ready offshore development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Installation
    2. Market Snapshot, By Positioning System
    3. Market Snapshot, By Depth
    4. Market Snapshot, By Region
  4. Pipe Laying Vessel Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Offshore Oil & Gas Activity
        2. Deepwater Exploration
      2. Restraints
        1. High Capital Costs
        2. Strict Regulations
      3. Opportunities
        1. Technological Advancements
        2. Expansion into New Regions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Pipe Laying Vessel Market, By Installation, 2021 - 2031 (USD Million)
      1. J-Lay Barges
      2. S-Lay Barges
      3. Reel Barges
    2. Pipe Laying Vessel Market, By Positioning System, 2021 - 2031 (USD Million)
      1. Anchor System
      2. Dynamic Positioning System
    3. Pipe Laying Vessel Market, By Depth, 2021 - 2031 (USD Million)
      1. Shallow Water
      2. Deepwater
    4. Pipe Laying Vessel Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Subsea 7
      2. Allseas
      3. Tidewater
      4. TechnipFMC
      5. Saipem
      6. Seacor Marine
      7. Van Oord
      8. Boskalis
      9. Hyundai Heavy Industries
      10. Royal IHC
      11. Telford Offshore
      12. Leighton Offshore
      13. McDermott International
      14. Heerema Marine Contractors
      15. Heerema
  7. Analyst Views
  8. Future Outlook of the Market