The global remotely operated underwater vehicle market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for ROVs in the oil and gas industry, growing need for ROVs in deep-sea exploration, and increasing demand for ROVs in offshore construction activities.
The intervention segment accounted for the largest share of the global remotely operated underwater vehicle market in 2018. This can be attributed to factors such as increased use of ROVs in deep-sea exploration activities and their ability to carry out interventions on subsea structures without human intervention. The observation segment accounted for a smaller share of the global remotely operated underwater vehicle market due to its limited application scope compared with that of intervention segment.
-The ROV market is expected to grow at a CAGR of 5.5% from 2017 to 2025.
-The ROV market is driven by the increasing demand for deep sea exploration and offshore oil and gas exploration.
-Increasing demand for deep sea exploration and offshore oil and gas exploration are driving the growth of the ROV market. The increasing number of accidents in offshore drilling operations has led to an increased need for underwater inspection, which in turn has led to an increase in demand for ROVs.
-The use of unmanned vehicles such as remotely operated underwater vehicles (ROVs) can help reduce risks associated with human exposure to hazardous environments, thereby reducing costs associated with accidents.
-A major factor driving the growth of this market is that it provides a cost effective solution when compared with other methods such as manned submersibles or manned surface vessels.
Industry Growth Insights published a new data on “Remotely Operated Underwater Vehicle Market”. The research report is titled “Remotely Operated Underwater Vehicle Market research by Types (Intervention, Observation), By Applications (Diver Observation, Pipeline Inspection, Construction Support, Platform Cleaning, Subsea Installations, Other), By Players/Companies AC-CESS, Ageotec, Argus Remote Systems AS, Bluefin Robotics Corporation, CISCREA, Deep Ocean Engineering, Deep Trekker, DOER Marine, DWTEK CO., LTD, ECA Group, EPRONS ROV and COMMERCIAL DIVING GROUP, Hydroacoustics Inc - HAI, iBubble, Inuktun Europe, Mitsui Engineering & Shipbuilding, Nord Slovakia,spol. s.r.o, Saab Seaeye, Seabotix, Shark Marine Technologies, Silvercrest Submarines, SMD, Sub-Atlantic, Subsea Tech, Teledyne Benthos, The Oceanscience Group, VideoRay”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Remotely Operated Underwater Vehicle Market Research Report
By Type
Intervention, Observation
By Application
Diver Observation, Pipeline Inspection, Construction Support, Platform Cleaning, Subsea Installations, Other
By Companies
AC-CESS, Ageotec, Argus Remote Systems AS, Bluefin Robotics Corporation, CISCREA, Deep Ocean Engineering, Deep Trekker, DOER Marine, DWTEK CO., LTD, ECA Group, EPRONS ROV and COMMERCIAL DIVING GROUP, Hydroacoustics Inc - HAI, iBubble, Inuktun Europe, Mitsui Engineering & Shipbuilding, Nord Slovakia,spol. s.r.o, Saab Seaeye, Seabotix, Shark Marine Technologies, Silvercrest Submarines, SMD, Sub-Atlantic, Subsea Tech, Teledyne Benthos, The Oceanscience Group, VideoRay
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Remotely Operated Underwater Vehicle Market Report Segments:
The global Remotely Operated Underwater Vehicle market is segmented on the basis of:
Types
Intervention, Observation
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
Diver Observation, Pipeline Inspection, Construction Support, Platform Cleaning, Subsea Installations, Other
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:
- AC-CESS
- Ageotec
- Argus Remote Systems AS
- Bluefin Robotics Corporation
- CISCREA
- Deep Ocean Engineering
- Deep Trekker
- DOER Marine
- DWTEK CO., LTD
- ECA Group
- EPRONS ROV and COMMERCIAL DIVING GROUP
- Hydroacoustics Inc - HAI
- iBubble
- Inuktun Europe
- Mitsui Engineering & Shipbuilding
- Nord Slovakia,spol. s.r.o
- Saab Seaeye
- Seabotix
- Shark Marine Technologies
- Silvercrest Submarines
- SMD
- Sub-Atlantic
- Subsea Tech
- Teledyne Benthos
- The Oceanscience Group
- VideoRay
Highlights of The Remotely Operated Underwater Vehicle 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:
- Intervention
- Observation
- By Application:
- Diver Observation
- Pipeline Inspection
- Construction Support
- Platform Cleaning
- Subsea Installations
- Other
- 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 Remotely Operated Underwater Vehicle 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.
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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?
A remotely operated underwater vehicle (ROV) is a robotic submersible that can be controlled from a distance. ROVs are used for a variety of tasks, including inspection and maintenance of underwater infrastructure, search and rescue operations, and scientific research.
Some of the key players operating in the remotely operated underwater vehicle market are AC-CESS, Ageotec, Argus Remote Systems AS, Bluefin Robotics Corporation, CISCREA, Deep Ocean Engineering, Deep Trekker, DOER Marine, DWTEK CO., LTD, ECA Group, EPRONS ROV and COMMERCIAL DIVING GROUP, Hydroacoustics Inc - HAI, iBubble, Inuktun Europe, Mitsui Engineering & Shipbuilding, Nord Slovakia,spol. s.r.o, Saab Seaeye, Seabotix, Shark Marine Technologies, Silvercrest Submarines, SMD, Sub-Atlantic, Subsea Tech, Teledyne Benthos, The Oceanscience Group, VideoRay.
The remotely operated underwater vehicle market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Remotely Operated Underwater Vehicle Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Remotely Operated Underwater Vehicle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Remotely Operated Underwater Vehicle Market - Supply Chain
4.5. Global Remotely Operated Underwater Vehicle Market Forecast
4.5.1. Remotely Operated Underwater Vehicle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Remotely Operated Underwater Vehicle Market Size (000 Units) and Y-o-Y Growth
4.5.3. Remotely Operated Underwater Vehicle Market Absolute $ Opportunity
5. Global Remotely Operated Underwater Vehicle Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Type
5.3.1. Intervention
5.3.2. Observation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Remotely Operated Underwater Vehicle Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Application
6.3.1. Diver Observation
6.3.2. Pipeline Inspection
6.3.3. Construction Support
6.3.4. Platform Cleaning
6.3.5. Subsea Installations
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Remotely Operated Underwater Vehicle Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Remotely Operated Underwater Vehicle Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Remotely Operated Underwater Vehicle Demand Share Forecast, 2019-2026
9. North America Remotely Operated Underwater Vehicle Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Application
9.4.1. Diver Observation
9.4.2. Pipeline Inspection
9.4.3. Construction Support
9.4.4. Platform Cleaning
9.4.5. Subsea Installations
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Type
9.7.1. Intervention
9.7.2. Observation
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Remotely Operated Underwater Vehicle Demand Share Forecast, 2019-2026
10. Latin America Remotely Operated Underwater Vehicle Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Application
10.4.1. Diver Observation
10.4.2. Pipeline Inspection
10.4.3. Construction Support
10.4.4. Platform Cleaning
10.4.5. Subsea Installations
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Type
10.7.1. Intervention
10.7.2. Observation
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Remotely Operated Underwater Vehicle Demand Share Forecast, 2019-2026
11. Europe Remotely Operated Underwater Vehicle Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Application
11.4.1. Diver Observation
11.4.2. Pipeline Inspection
11.4.3. Construction Support
11.4.4. Platform Cleaning
11.4.5. Subsea Installations
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Remotely Operated Underwater Vehicle Market Size and Volume Forecastby Type
11.7.1. Intervention
11.7.2. Observation
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Remotely Operated Underwater Vehicle Demand Share, 2019-2026
12. Asia Pacific Remotely Operated Underwater Vehicle Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Application
12.4.1. Diver Observation
12.4.2. Pipeline Inspection
12.4.3. Construction Support
12.4.4. Platform Cleaning
12.4.5. Subsea Installations
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Type
12.7.1. Intervention
12.7.2. Observation
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Remotely Operated Underwater Vehicle Demand Share, 2019-2026
13. Middle East & Africa Remotely Operated Underwater Vehicle Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Remotely Operated Underwater Vehicle Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Application
13.4.1. Diver Observation
13.4.2. Pipeline Inspection
13.4.3. Construction Support
13.4.4. Platform Cleaning
13.4.5. Subsea Installations
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Remotely Operated Underwater Vehicle Market Size and Volume Forecast by Type
13.7.1. Intervention
13.7.2. Observation
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Remotely Operated Underwater Vehicle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Remotely Operated Underwater Vehicle Market: Market Share Analysis
14.2. Remotely Operated Underwater Vehicle Distributors and Customers
14.3. Remotely Operated Underwater Vehicle Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AC-CESS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ageotec
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Argus Remote Systems AS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bluefin Robotics Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CISCREA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Deep Ocean Engineering
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Deep Trekker
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DOER Marine
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DWTEK CO., LTD
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ECA Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. EPRONS ROV and COMMERCIAL DIVING GROUP
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hydroacoustics Inc - HAI
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. iBubble
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Inuktun Europe
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mitsui Engineering & Shipbuilding
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Nord Slovakia,spol. s.r.o
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Saab Seaeye
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Seabotix
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shark Marine Technologies
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Silvercrest Submarines
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
