North America Pipe Laying Vessel Market is Expected to grow at a robust CAGR of 8.23% through 2030F
The
North America Pipe Laying Vessel Market is expected to be led by the United
States due to its extensive offshore oil and gas infrastructure and ongoing
deepwater project developments in the Gulf of Mexico, during the forecast
period 2026-2030F.
According
to TechSci Research report, “North
America Pipe Laying Vessel Market – By Country, Competition, Forecast &
Opportunities, 2020-2030F, The North America Pipe Laying Vessel Market was
valued at USD 1.07 Billion in 2024 and is expected to reach USD 1.72 Billion by
2030 with a CAGR of 8.23% during the forecast period.
The
increasing demand for natural gas as a cleaner alternative to coal and oil in
North America is fostering the expansion of subsea natural gas transportation
infrastructure, thereby driving the pipe laying vessel market. Natural gas,
being a vital energy source for electricity generation, heating, and industrial
use, is gaining prominence in the regional energy mix, and much of the supply
is derived from offshore production sites. To facilitate the efficient
transport of natural gas from these offshore reserves to onshore processing and
distribution networks, extensive pipeline systems must be constructed beneath
the ocean floor. Pipe laying vessels are essential to this process, enabling
the safe, precise, and time-sensitive deployment of kilometers-long pipelines
in challenging underwater conditions. The infrastructure expansion is
particularly relevant as liquefied natural gas terminals in Texas and Louisiana
expand their export capacities to meet growing international demand. These
facilities require reliable and large-volume pipeline connections to offshore
supply hubs, increasing the pressure on operators to accelerate subsea pipeline
construction.
The
emergence of floating liquefied natural gas facilities that rely on subsea
tie-backs amplifies the strategic importance of pipe laying vessels.
Governments and private sector stakeholders are allocating substantial capital
to support energy infrastructure modernization, with a focus on secure and
resilient pipeline networks. As such, vessel owners are increasingly investing
in fleet upgrades that can support deeper installations and larger pipe
diameters suited for natural gas transport. The trend is reinforced by a
growing preference for pipeline transport over tanker shipping due to
cost-efficiency, lower environmental risk, and reduced carbon emissions.
Additionally, pipeline monitoring and maintenance services, which are often
bundled with pipe laying contracts, are creating added value opportunities for
vessel operators. The combined effect of rising gas demand, infrastructure
investment, and environmental considerations is expected to keep the pipe
laying vessel market on an upward trajectory.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on the "North America Pipe Laying Vessel Market"
Based
on Depth, Deep Water segment is emerging as the fastest-growing area within the
North America pipe laying vessel market, driven by increasing investments in
offshore oil and gas exploration in regions such as the Gulf of Mexico and the
Arctic. These deep-water zones offer significant untapped hydrocarbon reserves,
prompting energy companies to deploy advanced technologies and high-capacity
vessels capable of operating in extreme depths and challenging marine
environments. Unlike shallow water installations, deep water projects demand
specialized pipe laying vessels equipped with dynamic positioning systems,
advanced tensioners, and greater storage capacity to handle longer and heavier
pipelines.
Governments
and private operators are increasingly focusing on energy security and supply
diversification, encouraging exploration beyond traditional offshore areas.
Technological advancements, such as improved subsea robotics and remotely
operated vehicles, are also making deep water pipeline installation more
efficient and economically viable. The growing demand for liquefied natural gas
and the construction of subsea interconnectors between production sites and
onshore terminals are further contributing to the rapid expansion of deep water
projects. As a result, the segment is witnessing increased capital deployment,
fleet upgrades, and long-term project planning, positioning it as a critical
driver of growth in the regional pipe laying vessel market over the coming
years.
Based
on country, Mexico is
rapidly emerging as the fastest-growing country in the North America pipe
laying vessel market due to its expanding offshore oil and gas exploration
initiatives and increased government focus on energy infrastructure
development. The country is investing heavily in offshore projects in the Gulf
of Mexico, aiming to boost domestic energy production and reduce reliance on
imports. National and international energy firms are actively involved in
building subsea pipeline networks, requiring modern pipe laying vessels capable
of deep and ultra-deep water operations. Furthermore, Mexico’s regulatory
reforms and public-private partnerships have created a favorable investment
environment, accelerating project approvals and vessel deployments. As a
result, Mexico is positioning itself as a key contributor to regional maritime
pipeline development and offshore energy logistics.
Key
market players in the North America Pipe Laying Vessel market are: -
- Saipem
S.p.A.
- TechnipFMC
plc
- McDermott
International, Ltd.
- Shell
Offshore Inc.
- Larsen
& Toubro Limited
- Fugro
N.V.
- Seadrill
Limited
- Bureau
Veritas S.A.
Download Free Sample Report
Customers can also request
for 10% free customization on this report.
“The
North America pipe laying vessel market is expected to witness sustained growth
in the coming years, driven by rising offshore oil and gas exploration,
increasing demand for subsea pipeline infrastructure, and expanding energy
security initiatives. Technological advancements in vessel capabilities,
including dynamic positioning and deep water laying systems, will enable more
complex projects. Government support for infrastructure upgrades and private
sector investments in liquefied natural gas and intercontinental pipeline
connections will further fuel growth. Aging pipeline networks will require
replacement and extension, ensuring continued demand for pipe laying vessels
across both shallow and deep water zones in the region.” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based Global management
consulting firm.
“North America Pipe Laying Vessel Market By
Installation (J-lay Barges, S-lay Barges, Reel Barges), By Positioning System
(Anchor System, Dynamic Positioning System), By Depth (Shallow Water, Deep
Water), By Country, By Competition, Forecast and Opportunities, 2020-2030F,” has evaluated the future growth
potential of North America Pipe Laying Vessel Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in North America Pipe Laying Vessel Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
M: +13322586602
Email: [email protected]
Website: https://www.techsciresearch.com