Market Overview:
The global deep sea robots market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for deep sea robots for various applications such as drilling support, construction support, and repair & maintenance. North America is expected to hold the largest share of the global deep sea robots market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness highest growth during the forecast period owing to rising demand from countries such as China and Japan.
Product Definition:
Deep sea robots are used to explore and map the ocean floor. They are important for understanding the ocean floor and its ecosystem.
Light Work Deep Sea Robots:
Light work is a term used for conducting research activities at or below the surface of the water. It includes tasks like video recording, sampling, and others. The robots used for light work are generally smaller than those deployed for deep sea exploration as they do not require huge battery packs to operate and can also be operated from a ship or from land based stations using small boats with no need of docking facilities.
Heavy Work Deep Sea Robots:
Heavy work deep sea robots and it's usage in the market is expected to witness significant growth over the forecast period. The primary factor that propels this growth is increasing demand for oil & gas E&P globally. However, there are some factors that hinder this growth such as high cost of equipment and lack of experienced workforce.
Application Insights:
The global demand for drilling support deep sea robots is expected to witness a CAGR of XX% from 2018 to 2030 owing to the rising need for oil and gas exploration in harsh environments, such as ice caps and Greenland. The construction support segment is also expected to witness significant growth during the forecast period on account of increasing offshore projects across various regions.
The repair & maintenance segment held the largest market share in 2017, which can be attributed towards growing utilization of R&D systems for underwater repairs at depths greater than 1,000 meters below surface waters. Moreover, heavy work deep sea robots are increasingly utilized by research institutions and national marine agencies for conducting research operations at great depths below the surface waters.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing deep sea drilling activities and other applications across countries such as U.S., Canada, Mexico, and Brazil for oil exploration activities that require heavy work robots at significant depths underwater.
Asia Pacific is anticipated to witness a lucrative CAGR during the forecast period owing to increasing government initiatives for marine technology development coupled with rising demand from fishing industry across countries such as China, Japan, South Korea, Indonesia among others will drive this regional market over the next eight years.
Growth Factors:
- Increasing demand for deep sea robots from the defense sector for surveillance and mine detection purposes
- Growing popularity of remotely operated vehicles (ROVs) in the oil and gas industry for underwater inspection, repair, and maintenance operations
- Proliferation of autonomous underwater vehicles (AUVs) in research institutes and universities for oceanographic research activities
- Rising investments by governments worldwide in deep sea exploration projects to unravel the mysteries of the ocean floor
- Emergence of new applications areas such as marine archaeology that would require deployment of deep sea robots
Scope Of The Report
Report Attributes
Report Details
Report Title
Deep Sea Robots Market Research Report
By Type
Light Work Deep Sea Robots, Heavy Work Deep Sea Robots
By Application
Drilling Support, Construction Support, Repair & Maintenance
By Companies
Forum Energy Technologies, Oceaneering, TechnipFMC, Fugro, Saab Seaeye Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Deep Sea Robots Market Report Segments:
The global Deep Sea Robots market is segmented on the basis of:
Types
Light Work Deep Sea Robots, Heavy Work Deep Sea Robots
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Drilling Support, Construction Support, Repair & Maintenance
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Forum Energy Technologies
- Oceaneering
- TechnipFMC
- Fugro
- Saab Seaeye Ltd
Highlights of The Deep Sea Robots Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Light Work Deep Sea Robots
- Heavy Work Deep Sea Robots
- By Application:
- Drilling Support
- Construction Support
- Repair & Maintenance
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Deep Sea Robots Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Deep Sea Robots is a research and development company that specializes in developing autonomous underwater vehicles.
Some of the major players in the deep sea robots market are Forum Energy Technologies, Oceaneering, TechnipFMC, Fugro, Saab Seaeye Ltd.
The deep sea robots market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deep Sea Robots Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Deep Sea Robots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deep Sea Robots Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Deep Sea Robots Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Deep Sea Robots Market Size & Forecast, 2020-2028
4.5.1 Deep Sea Robots Market Size and Y-o-Y Growth
4.5.2 Deep Sea Robots Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Light Work Deep Sea Robots
5.2.2 Heavy Work Deep Sea Robots
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Drilling Support
6.2.2 Construction Support
6.2.3 Repair & Maintenance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deep Sea Robots Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Deep Sea Robots Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Light Work Deep Sea Robots
9.6.2 Heavy Work Deep Sea Robots
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Drilling Support
9.10.2 Construction Support
9.10.3 Repair & Maintenance
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Light Work Deep Sea Robots
10.6.2 Heavy Work Deep Sea Robots
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Drilling Support
10.10.2 Construction Support
10.10.3 Repair & Maintenance
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Light Work Deep Sea Robots
11.6.2 Heavy Work Deep Sea Robots
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Drilling Support
11.10.2 Construction Support
11.10.3 Repair & Maintenance
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Light Work Deep Sea Robots
12.6.2 Heavy Work Deep Sea Robots
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Drilling Support
12.10.2 Construction Support
12.10.3 Repair & Maintenance
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Light Work Deep Sea Robots
13.6.2 Heavy Work Deep Sea Robots
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Drilling Support
13.10.2 Construction Support
13.10.3 Repair & Maintenance
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Deep Sea Robots Market: Competitive Dashboard
14.2 Global Deep Sea Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Forum Energy Technologies
14.3.2 Oceaneering
14.3.3 TechnipFMC
14.3.4 Fugro
14.3.5 Saab Seaeye Ltd
