Report Detail

Service & Software Global Offshore IRM Service Market 2026 by Company, Regions, Type and Application, Forecast to 2032

  • RnM4670614
  • |
  • 10 February, 2026
  • |
  • Global
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  • 155 Pages
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  • GIR
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  • Service & Software

According to our (Global Info Research) latest study, the global Offshore IRM Service market size was valued at US$ 10738 million in 2025 and is forecast to a readjusted size of US$ 19384 million by 2032 with a CAGR of 8.7% during review period.
Offshore IRM (Inspection, Repair & Maintenance) Service refers to a comprehensive set of lifecycle services aimed at ensuring the structural integrity, operational reliability, and regulatory compliance of offshore energy assets. These assets include offshore oil & gas platforms (fixed and floating), subsea production systems, pipelines, umbilicals, and increasingly offshore wind foundations and cables. Offshore IRM encompasses both subsea IMR activities (conducted via ROVs, AUVs, and specialized vessels) and topside IMR services (covering platforms, FPSOs, jackets, and processing modules). The market is characterized by high technical complexity, safety-critical operations, and long-term service contracts tied to asset life-of-field strategies.
The upstream of the Offshore IRM Service market is capital-intensive and technology-driven. Key inputs include dynamically positioned vessels, ROV/AUV systems, inspection tools (NDT sensors, imaging systems), subsea tooling, and engineering software. Vessel owners, OEMs of subsea equipment, and technology providers form the core upstream suppliers. Skilled labor—such as offshore engineers, ROV pilots, and inspection specialists—is another critical upstream constraint, directly influencing service availability and cost structures.
Downstream demand is dominated by offshore oil & gas operators (IOCs and NOCs), FPSO owners, and offshore wind farm developers. Mature offshore basins, aging subsea infrastructure, and stricter safety and environmental regulations drive recurring IMR demand. Contracting models typically include long-term framework agreements, call-off contracts, and integrated life-of-field service packages, favoring large, well-capitalized service providers with global operational footprints.
Gross margins in Offshore IRM Services typically range from 20% to 35%, depending on service mix and asset utilization. Subsea IMR activities generally command higher margins due to technical barriers, limited qualified suppliers, and specialized assets such as ROV fleets and DP vessels. However, margins are sensitive to vessel day rates, crew utilization, weather downtime, and project execution efficiency. Integrated service models and long-term contracts help stabilize profitability.
Key market drivers include offshore asset aging, rising deepwater development, and the expansion of offshore wind infrastructure. Digitalization, remote inspection technologies, and predictive maintenance are reshaping service delivery models. At the same time, the market remains cyclical, closely linked to offshore CAPEX trends, oil price volatility, and vessel supply–demand balance. Industry consolidation continues as scale, fleet ownership, and engineering depth become decisive competitive advantages.
This report is a detailed and comprehensive analysis for global Offshore IRM Service market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Offshore IRM Service market size and forecasts, in consumption value ($ Million), 2021-2032
Global Offshore IRM Service market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Offshore IRM Service market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Offshore IRM Service market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Offshore IRM Service
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Offshore IRM Service market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TechnipFMC, Asso.subsea, DOF Group ASA, Bourbon Offshore, Reach Subsea, Oceaneering International, Cyan Renewables, Boskalis, DeepOcean, Subsea 7, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Offshore IRM Service market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Inspection
Maintenance
Repair
Others
Market segment by Water Depth
Shallow Water IRM
Mid-Water IRM
Deepwater IRM
Ultra-Deepwater IRM
Market segment by Asset Type
Subsea Production Systems
Pipelines & Flowlines
Risers & Umbilicals
Offshore Platforms & Jackets
Others
Market segment by Application
Oil & Gas
Wind Farms
Others
Market segment by players, this report covers
TechnipFMC
Asso.subsea
DOF Group ASA
Bourbon Offshore
Reach Subsea
Oceaneering International
Cyan Renewables
Boskalis
DeepOcean
Subsea 7
Fugro
Helix Energy Solutions
Offshore Oil Engineering
Prysmian Group
Baker Hughes
Bhagwan Marine
MISTRAS Group
Petrofac
James Fisher Marine Services
Bluestream
Rever Offshore
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Offshore IRM Service product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Offshore IRM Service, with revenue, gross margin, and global market share of Offshore IRM Service from 2021 to 2026.
Chapter 3, the Offshore IRM Service competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Offshore IRM Service market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Offshore IRM Service.
Chapter 13, to describe Offshore IRM Service research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Offshore IRM Service by Type
    • 1.3.1 Overview: Global Offshore IRM Service Market Size by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Global Offshore IRM Service Consumption Value Market Share by Type in 2025
    • 1.3.3 Inspection
    • 1.3.4 Maintenance
    • 1.3.5 Repair
    • 1.3.6 Others
  • 1.4 Classification of Offshore IRM Service by Water Depth
    • 1.4.1 Overview: Global Offshore IRM Service Market Size by Water Depth: 2021 Versus 2025 Versus 2032
    • 1.4.2 Global Offshore IRM Service Consumption Value Market Share by Water Depth in 2025
    • 1.4.3 Shallow Water IRM
    • 1.4.4 Mid-Water IRM
    • 1.4.5 Deepwater IRM
    • 1.4.6 Ultra-Deepwater IRM
  • 1.5 Classification of Offshore IRM Service by Asset Type
    • 1.5.1 Overview: Global Offshore IRM Service Market Size by Asset Type: 2021 Versus 2025 Versus 2032
    • 1.5.2 Global Offshore IRM Service Consumption Value Market Share by Asset Type in 2025
    • 1.5.3 Subsea Production Systems
    • 1.5.4 Pipelines & Flowlines
    • 1.5.5 Risers & Umbilicals
    • 1.5.6 Offshore Platforms & Jackets
    • 1.5.7 Others
  • 1.6 Global Offshore IRM Service Market by Application
    • 1.6.1 Overview: Global Offshore IRM Service Market Size by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Oil & Gas
    • 1.6.3 Wind Farms
    • 1.6.4 Others
  • 1.7 Global Offshore IRM Service Market Size & Forecast
  • 1.8 Global Offshore IRM Service Market Size and Forecast by Region
    • 1.8.1 Global Offshore IRM Service Market Size by Region: 2021 VS 2025 VS 2032
    • 1.8.2 Global Offshore IRM Service Market Size by Region, (2021-2032)
    • 1.8.3 North America Offshore IRM Service Market Size and Prospect (2021-2032)
    • 1.8.4 Europe Offshore IRM Service Market Size and Prospect (2021-2032)
    • 1.8.5 Asia-Pacific Offshore IRM Service Market Size and Prospect (2021-2032)
    • 1.8.6 South America Offshore IRM Service Market Size and Prospect (2021-2032)
    • 1.8.7 Middle East & Africa Offshore IRM Service Market Size and Prospect (2021-2032)

2 Company Profiles

  • 2.1 TechnipFMC
    • 2.1.1 TechnipFMC Details
    • 2.1.2 TechnipFMC Major Business
    • 2.1.3 TechnipFMC Offshore IRM Service Product and Solutions
    • 2.1.4 TechnipFMC Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 TechnipFMC Recent Developments and Future Plans
  • 2.2 Asso.subsea
    • 2.2.1 Asso.subsea Details
    • 2.2.2 Asso.subsea Major Business
    • 2.2.3 Asso.subsea Offshore IRM Service Product and Solutions
    • 2.2.4 Asso.subsea Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Asso.subsea Recent Developments and Future Plans
  • 2.3 DOF Group ASA
    • 2.3.1 DOF Group ASA Details
    • 2.3.2 DOF Group ASA Major Business
    • 2.3.3 DOF Group ASA Offshore IRM Service Product and Solutions
    • 2.3.4 DOF Group ASA Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 DOF Group ASA Recent Developments and Future Plans
  • 2.4 Bourbon Offshore
    • 2.4.1 Bourbon Offshore Details
    • 2.4.2 Bourbon Offshore Major Business
    • 2.4.3 Bourbon Offshore Offshore IRM Service Product and Solutions
    • 2.4.4 Bourbon Offshore Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Bourbon Offshore Recent Developments and Future Plans
  • 2.5 Reach Subsea
    • 2.5.1 Reach Subsea Details
    • 2.5.2 Reach Subsea Major Business
    • 2.5.3 Reach Subsea Offshore IRM Service Product and Solutions
    • 2.5.4 Reach Subsea Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Reach Subsea Recent Developments and Future Plans
  • 2.6 Oceaneering International
    • 2.6.1 Oceaneering International Details
    • 2.6.2 Oceaneering International Major Business
    • 2.6.3 Oceaneering International Offshore IRM Service Product and Solutions
    • 2.6.4 Oceaneering International Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Oceaneering International Recent Developments and Future Plans
  • 2.7 Cyan Renewables
    • 2.7.1 Cyan Renewables Details
    • 2.7.2 Cyan Renewables Major Business
    • 2.7.3 Cyan Renewables Offshore IRM Service Product and Solutions
    • 2.7.4 Cyan Renewables Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Cyan Renewables Recent Developments and Future Plans
  • 2.8 Boskalis
    • 2.8.1 Boskalis Details
    • 2.8.2 Boskalis Major Business
    • 2.8.3 Boskalis Offshore IRM Service Product and Solutions
    • 2.8.4 Boskalis Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Boskalis Recent Developments and Future Plans
  • 2.9 DeepOcean
    • 2.9.1 DeepOcean Details
    • 2.9.2 DeepOcean Major Business
    • 2.9.3 DeepOcean Offshore IRM Service Product and Solutions
    • 2.9.4 DeepOcean Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 DeepOcean Recent Developments and Future Plans
  • 2.10 Subsea 7
    • 2.10.1 Subsea 7 Details
    • 2.10.2 Subsea 7 Major Business
    • 2.10.3 Subsea 7 Offshore IRM Service Product and Solutions
    • 2.10.4 Subsea 7 Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Subsea 7 Recent Developments and Future Plans
  • 2.11 Fugro
    • 2.11.1 Fugro Details
    • 2.11.2 Fugro Major Business
    • 2.11.3 Fugro Offshore IRM Service Product and Solutions
    • 2.11.4 Fugro Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Fugro Recent Developments and Future Plans
  • 2.12 Helix Energy Solutions
    • 2.12.1 Helix Energy Solutions Details
    • 2.12.2 Helix Energy Solutions Major Business
    • 2.12.3 Helix Energy Solutions Offshore IRM Service Product and Solutions
    • 2.12.4 Helix Energy Solutions Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Helix Energy Solutions Recent Developments and Future Plans
  • 2.13 Offshore Oil Engineering
    • 2.13.1 Offshore Oil Engineering Details
    • 2.13.2 Offshore Oil Engineering Major Business
    • 2.13.3 Offshore Oil Engineering Offshore IRM Service Product and Solutions
    • 2.13.4 Offshore Oil Engineering Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Offshore Oil Engineering Recent Developments and Future Plans
  • 2.14 Prysmian Group
    • 2.14.1 Prysmian Group Details
    • 2.14.2 Prysmian Group Major Business
    • 2.14.3 Prysmian Group Offshore IRM Service Product and Solutions
    • 2.14.4 Prysmian Group Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Prysmian Group Recent Developments and Future Plans
  • 2.15 Baker Hughes
    • 2.15.1 Baker Hughes Details
    • 2.15.2 Baker Hughes Major Business
    • 2.15.3 Baker Hughes Offshore IRM Service Product and Solutions
    • 2.15.4 Baker Hughes Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 Baker Hughes Recent Developments and Future Plans
  • 2.16 Bhagwan Marine
    • 2.16.1 Bhagwan Marine Details
    • 2.16.2 Bhagwan Marine Major Business
    • 2.16.3 Bhagwan Marine Offshore IRM Service Product and Solutions
    • 2.16.4 Bhagwan Marine Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Bhagwan Marine Recent Developments and Future Plans
  • 2.17 MISTRAS Group
    • 2.17.1 MISTRAS Group Details
    • 2.17.2 MISTRAS Group Major Business
    • 2.17.3 MISTRAS Group Offshore IRM Service Product and Solutions
    • 2.17.4 MISTRAS Group Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 MISTRAS Group Recent Developments and Future Plans
  • 2.18 Petrofac
    • 2.18.1 Petrofac Details
    • 2.18.2 Petrofac Major Business
    • 2.18.3 Petrofac Offshore IRM Service Product and Solutions
    • 2.18.4 Petrofac Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 Petrofac Recent Developments and Future Plans
  • 2.19 James Fisher Marine Services
    • 2.19.1 James Fisher Marine Services Details
    • 2.19.2 James Fisher Marine Services Major Business
    • 2.19.3 James Fisher Marine Services Offshore IRM Service Product and Solutions
    • 2.19.4 James Fisher Marine Services Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 James Fisher Marine Services Recent Developments and Future Plans
  • 2.20 Bluestream
    • 2.20.1 Bluestream Details
    • 2.20.2 Bluestream Major Business
    • 2.20.3 Bluestream Offshore IRM Service Product and Solutions
    • 2.20.4 Bluestream Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 Bluestream Recent Developments and Future Plans
  • 2.21 Rever Offshore
    • 2.21.1 Rever Offshore Details
    • 2.21.2 Rever Offshore Major Business
    • 2.21.3 Rever Offshore Offshore IRM Service Product and Solutions
    • 2.21.4 Rever Offshore Offshore IRM Service Revenue, Gross Margin and Market Share (2021-2026)
    • 2.21.5 Rever Offshore Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Offshore IRM Service Revenue and Share by Players (2021-2026)
  • 3.2 Market Share Analysis (2025)
    • 3.2.1 Market Share of Offshore IRM Service by Company Revenue
    • 3.2.2 Top 3 Offshore IRM Service Players Market Share in 2025
    • 3.2.3 Top 6 Offshore IRM Service Players Market Share in 2025
  • 3.3 Offshore IRM Service Market: Overall Company Footprint Analysis
    • 3.3.1 Offshore IRM Service Market: Region Footprint
    • 3.3.2 Offshore IRM Service Market: Company Product Type Footprint
    • 3.3.3 Offshore IRM Service Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Offshore IRM Service Consumption Value and Market Share by Type (2021-2026)
  • 4.2 Global Offshore IRM Service Market Forecast by Type (2027-2032)

5 Market Size Segment by Application

  • 5.1 Global Offshore IRM Service Consumption Value Market Share by Application (2021-2026)
  • 5.2 Global Offshore IRM Service Market Forecast by Application (2027-2032)

6 North America

  • 6.1 North America Offshore IRM Service Consumption Value by Type (2021-2032)
  • 6.2 North America Offshore IRM Service Market Size by Application (2021-2032)
  • 6.3 North America Offshore IRM Service Market Size by Country
    • 6.3.1 North America Offshore IRM Service Consumption Value by Country (2021-2032)
    • 6.3.2 United States Offshore IRM Service Market Size and Forecast (2021-2032)
    • 6.3.3 Canada Offshore IRM Service Market Size and Forecast (2021-2032)
    • 6.3.4 Mexico Offshore IRM Service Market Size and Forecast (2021-2032)

7 Europe

  • 7.1 Europe Offshore IRM Service Consumption Value by Type (2021-2032)
  • 7.2 Europe Offshore IRM Service Consumption Value by Application (2021-2032)
  • 7.3 Europe Offshore IRM Service Market Size by Country
    • 7.3.1 Europe Offshore IRM Service Consumption Value by Country (2021-2032)
    • 7.3.2 Germany Offshore IRM Service Market Size and Forecast (2021-2032)
    • 7.3.3 France Offshore IRM Service Market Size and Forecast (2021-2032)
    • 7.3.4 United Kingdom Offshore IRM Service Market Size and Forecast (2021-2032)
    • 7.3.5 Russia Offshore IRM Service Market Size and Forecast (2021-2032)
    • 7.3.6 Italy Offshore IRM Service Market Size and Forecast (2021-2032)

8 Asia-Pacific

  • 8.1 Asia-Pacific Offshore IRM Service Consumption Value by Type (2021-2032)
  • 8.2 Asia-Pacific Offshore IRM Service Consumption Value by Application (2021-2032)
  • 8.3 Asia-Pacific Offshore IRM Service Market Size by Region
    • 8.3.1 Asia-Pacific Offshore IRM Service Consumption Value by Region (2021-2032)
    • 8.3.2 China Offshore IRM Service Market Size and Forecast (2021-2032)
    • 8.3.3 Japan Offshore IRM Service Market Size and Forecast (2021-2032)
    • 8.3.4 South Korea Offshore IRM Service Market Size and Forecast (2021-2032)
    • 8.3.5 India Offshore IRM Service Market Size and Forecast (2021-2032)
    • 8.3.6 Southeast Asia Offshore IRM Service Market Size and Forecast (2021-2032)
    • 8.3.7 Australia Offshore IRM Service Market Size and Forecast (2021-2032)

9 South America

  • 9.1 South America Offshore IRM Service Consumption Value by Type (2021-2032)
  • 9.2 South America Offshore IRM Service Consumption Value by Application (2021-2032)
  • 9.3 South America Offshore IRM Service Market Size by Country
    • 9.3.1 South America Offshore IRM Service Consumption Value by Country (2021-2032)
    • 9.3.2 Brazil Offshore IRM Service Market Size and Forecast (2021-2032)
    • 9.3.3 Argentina Offshore IRM Service Market Size and Forecast (2021-2032)

10 Middle East & Africa

  • 10.1 Middle East & Africa Offshore IRM Service Consumption Value by Type (2021-2032)
  • 10.2 Middle East & Africa Offshore IRM Service Consumption Value by Application (2021-2032)
  • 10.3 Middle East & Africa Offshore IRM Service Market Size by Country
    • 10.3.1 Middle East & Africa Offshore IRM Service Consumption Value by Country (2021-2032)
    • 10.3.2 Turkey Offshore IRM Service Market Size and Forecast (2021-2032)
    • 10.3.3 Saudi Arabia Offshore IRM Service Market Size and Forecast (2021-2032)
    • 10.3.4 UAE Offshore IRM Service Market Size and Forecast (2021-2032)

11 Market Dynamics

  • 11.1 Offshore IRM Service Market Drivers
  • 11.2 Offshore IRM Service Market Restraints
  • 11.3 Offshore IRM Service Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Offshore IRM Service Industry Chain
  • 12.2 Offshore IRM Service Upstream Analysis
  • 12.3 Offshore IRM Service Midstream Analysis
  • 12.4 Offshore IRM Service Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Offshore IRM Service. Industry analysis & Market Report on Offshore IRM Service is a syndicated market report, published as Global Offshore IRM Service Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Offshore IRM Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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