In 2023, the number of offshore activities vessels in the UK stood at 31.00 million gross tonnage. From 2024 to 2028, the forecasted growth is modest, displaying a steady annual increase. The year-on-year percentage growth from 2024 through 2028 is consistent, with a Compound Annual Growth Rate (CAGR) of approximately 1.23% over this period. The figures illustrate a consistent, yet slightly accelerating upward trend in vessel capacity.
Future trends to watch for include:
- The impact of technological advancements on vessel efficiency and capacity.
- Regulatory changes affecting the operation and construction of offshore vessels.
- Fluctuations in global oil and gas markets influencing offshore activity levels.
