The 2024 data for European offshore activity vessels reveals that Norway maintains the largest share at 49.71%, displaying a steady 3.61% year-on-year growth. The United Kingdom follows with a 33.56% share, despite a decline of 3.63%. The Netherlands is stable with a 10.39% share, demonstrating consistent growth of 3.47%. Germany's share surged significantly by 113.44%, highlighting a remarkable upward trend. Ireland also saw notable growth with a 44.18% increase. Other countries have relatively minor shares with varied growth rates.
Future trends to watch include:
- Potential continued expansion in Germany and Ireland, driven by substantial recent growth.
- Stability in Nordic countries, notably Norway's dominance in the sector.
- A focus on diversification and investments in renewable energy sectors across Europe, possibly impacting vessel distribution.
Top countries in Number of Offshore Activities Vessels Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 49.71 | 2023 | +5% | +3.61% | View data |
| 2 | 2 United Kingdom | 33.56 | 2023 | -0.33% | -3.63% | View data |
| 3 | 3 Netherlands | 10.39 | 2023 | +3.54% | +3.47% | View data |
| 4 | 4 Germany | 3.45 | 2023 | +10.9% | +113.44% | View data |
| 5 | 5 Croatia | 1.18 | 2023 | -7.19% | -5.76% | View data |
| 6 | 6 Cyprus | 0.72 | 2023 | +23.44% | +0.13% | View data |
| 7 | 7 France | 0.61 | 2023 | +4.72% | +5.25% | View data |
| 8 | 8 Ireland | 0.37 | 2023 | +2.53% | +44.18% | View data |
| 9 | 9 Italy | 0.33 | 2023 | +4.35% | +24.57% | View data |
| 10 | 10 Portugal | 0.082 | 2023 | +5.88% | -1.08% | View data |
