Market Overview:
The Global Mini ROV Observer Market is expected to grow at a CAGR of XX% and is projected to reach a market size of USD XX million by 2030. The mini ROV observer market is segmented on the basis of type, application and region. On the basis of type, the mini ROV observer market is segmented into micro observation ROV and mini observation ROV. The micro observation ROV segment dominated the global mini-ROV observer market in 2017 owing to its low cost and easy operability as compared to other types of mini-ROVs available in the market. However, with technological advancements being made in this field on a regular basis, it can be expected that this scenario might change over time. On the basis of application, oil & gas accounted for majority share in 2017 owing to increasing exploration & production activities across different parts of the world; however defence sector is also anticipated to witness significant growth during forecast period due from rising security concerns among various nations globally.
Product Definition:
A Mini ROV Observer is a small remotely operated underwater vehicle that is used for close up inspection and surveillance of objects or areas beneath the water surface. This type of ROV is often used by divers to inspect submerged objects or in search and rescue operations.
Micro Observation ROV:
Micro observation ROV (ROV M-OBS) is a small remotely operated vehicle used for observing the underwater world. It's size and capabilities are similar to that of a normal ROV but it can be operated from shore without any complex systems or trained personnel.
Mini Observation ROV:
The global mini observation ROV market size was valued at USD 8.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for offshore oil & gas exploration, coupled with rising number of deep-water discoveries, is anticipated to drive the market growth over the forecast period.
Growing energy demand has led to an increase in offshore drilling activities across various regions such as North America.
Application Insights:
The oil and gas segment dominated the global mini ROV observer market in terms of revenue share in 2017. The growth can be attributed to the rising demand for deep-water exploration as well as offshore wind energy projects. Miniature remotely operated vehicles are used extensively for inspection, maintenance, and repair activities at oil platforms and onshore facilities.
Offshore wind energy is one of the major renewable sources of electricity generation that is projected to augment significantly over the next few years owing to favorable government policies such as feed-in tariff schemes that offer lucrative subsidies for installing solar photovoltaic systems.
Regional Analysis:
Asia Pacific mini rov observer market is expected to grow at a lucrative rate over the forecast period. The growth can be attributed to increasing R&D activities in the field of robotics and underwater vehicles. Increasing demand for oil and gas across emerging economies such as China, India, Indonesia, Malaysia has led to an increase in expenditure on exploration activities which is anticipated to drive the regional market over the forecast period.
The North America region accounted for a significant share of revenue in 2017 owing to high technological advancements observed within its maritime sector that have resulted into development of advanced diving equipment and other marine related products used by mini-ROVs operators. Moreover, presence of prominent players operating within this region will also help boost growth during the forecast period.
Growth Factors:
- Increasing demand for underwater exploration and survey
- Rising popularity of remotely operated vehicles among researchers, educators, and hobbyists
- Proliferation of small autonomous underwater vehicles (AUVs)
- Growing number of applications for Mini ROVs in commercial, defense, and scientific sectors
- Advances in technology that make these systems more affordable and easier to use
Scope Of The Report
Report Attributes
Report Details
Report Title
Mini ROV Observer Market Research Report
By Type
Micro Observation ROV, Mini Observation ROV
By Application
Oil and Gas, Defence, Others
By Companies
Deep Trekker, VideoRay, MarineNav, AC-CESS, Subsea Tech, CISCREA, Outland Technology, Ocean Modules Sweden, Seabotix
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Mini ROV Observer Market Report Segments:
The global Mini ROV Observer market is segmented on the basis of:
Types
Micro Observation ROV, Mini Observation ROV
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
Oil and Gas, Defence, Others
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:
- Deep Trekker
- VideoRay
- MarineNav
- AC-CESS
- Subsea Tech
- CISCREA
- Outland Technology
- Ocean Modules Sweden
- Seabotix
Highlights of The Mini ROV Observer 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:
- Micro Observation ROV
- Mini Observation ROV
- By Application:
- Oil and Gas
- Defence
- Others
- 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 Mini ROV Observer 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
- Business Expansion Strategies
- 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?
Mini ROV Observer is a free software for Windows that allows you to control a mini-ROV from your computer.
Some of the major companies in the mini rov observer market are Deep Trekker, VideoRay, MarineNav, AC-CESS, Subsea Tech, CISCREA, Outland Technology, Ocean Modules Sweden, Seabotix.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mini ROV Observer 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 Mini ROV Observer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Mini ROV Observer 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 Mini ROV Observer 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 Mini ROV Observer Market Size & Forecast, 2020-2028 4.5.1 Mini ROV Observer Market Size and Y-o-Y Growth 4.5.2 Mini ROV Observer 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 Micro Observation ROV
5.2.2 Mini Observation ROV
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 Oil and Gas
6.2.2 Defence
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mini ROV Observer 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 Mini ROV Observer 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 Micro Observation ROV
9.6.2 Mini Observation ROV
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 Oil and Gas
9.10.2 Defence
9.10.3 Others
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 Micro Observation ROV
10.6.2 Mini Observation ROV
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 Oil and Gas
10.10.2 Defence
10.10.3 Others
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 Micro Observation ROV
11.6.2 Mini Observation ROV
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 Oil and Gas
11.10.2 Defence
11.10.3 Others
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 Micro Observation ROV
12.6.2 Mini Observation ROV
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 Oil and Gas
12.10.2 Defence
12.10.3 Others
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 Micro Observation ROV
13.6.2 Mini Observation ROV
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 Oil and Gas
13.10.2 Defence
13.10.3 Others
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 Mini ROV Observer Market: Competitive Dashboard
14.2 Global Mini ROV Observer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Deep Trekker
14.3.2 VideoRay
14.3.3 MarineNav
14.3.4 AC-CESS
14.3.5 Subsea Tech
14.3.6 CISCREA
14.3.7 Outland Technology
14.3.8 Ocean Modules Sweden
14.3.9 Seabotix