The global underwater remotely operated vehicles market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market can be attributed to the increasing demand for underwater ROVs in various applications such as oil and gas, scientific research, military and defense, and others.
The micro ROVs segment is expected to grow at a CAGR of 6% during the forecast period due to their low cost and easy deployment in small areas with limited visibility. The lightworclass ROVs segment is expected to grow at a CAGR of 4% during the forecast period due to their high maneuverability in shallow water conditions with limited visibility. The heavyworclass ROVs segment is expected to grow at a CAGR of 3% during the forecast period due its ability for deep-sea exploration with high payload capacity and long operating time on battery power.
-Underwater remotely operated vehicles are being used to monitor coral reefs and other marine life.
-Underwater remotely operated vehicles are being used for scientific research purposes, such as exploring deep sea vents and hydrothermal vents.
-Underwater remotely operated vehicles are being used for search and rescue operations, such as locating sunken ships or submarines.
Industry Growth Insights published a new data on “Underwater Remotely Operated Vehicles Market”. The research report is titled “Underwater Remotely Operated Vehicles Market research by Types (Micro ROVs, Lightwork-class ROVs, Heavywork-class ROVs), By Applications (Oil & Gas, Scientific Research, Military & Defense, Others), By Players/Companies International Submarine Engineering (ISE), Deep Trekker, Teledyne SeaBotix, GNOM, Ageotec (Lighthouse), Submersible Systems Inc (SSI), Deep Ocean Engineering, Aquabotix Technology, DWTEK, EPRONS ROV, DOER Marine, Mariscope, Outland Technology, Rovtech Solutions, Robo Marine Indonesia”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Underwater Remotely Operated Vehicles Market Research Report
By Type
Micro ROVs, Lightwork-class ROVs, Heavywork-class ROVs
By Application
Oil & Gas, Scientific Research, Military & Defense, Others
By Companies
International Submarine Engineering (ISE), Deep Trekker, Teledyne SeaBotix, GNOM, Ageotec (Lighthouse), Submersible Systems Inc (SSI), Deep Ocean Engineering, Aquabotix Technology, DWTEK, EPRONS ROV, DOER Marine, Mariscope, Outland Technology, Rovtech Solutions, Robo Marine Indonesia
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Underwater Remotely Operated Vehicles Market Report Segments:
The global Underwater Remotely Operated Vehicles market is segmented on the basis of:
Types
Micro ROVs, Lightwork-class ROVs, Heavywork-class ROVs
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 & Gas, Scientific Research, Military & Defense, 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:
- International Submarine Engineering (ISE)
- Deep Trekker
- Teledyne SeaBotix
- GNOM
- Ageotec (Lighthouse)
- Submersible Systems Inc (SSI)
- Deep Ocean Engineering
- Aquabotix Technology
- DWTEK
- EPRONS ROV
- DOER Marine
- Mariscope
- Outland Technology
- Rovtech Solutions
- Robo Marine Indonesia
Highlights of The Underwater Remotely Operated Vehicles 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 ROVs
- Lightwork-class ROVs
- Heavywork-class ROVs
- By Application:
- Oil & Gas
- Scientific Research
- Military & Defense
- 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 Underwater Remotely Operated Vehicles 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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- Correctly Positioning New Products
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- 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?
Underwater Remotely Operated Vehicles (UROVs) are robots that can be controlled from a distance, allowing them to explore and collect data underwater. They are often used in research and exploration, as they allow for more efficient surveying than traditional methods.
Some of the key players operating in the underwater remotely operated vehicles market are International Submarine Engineering (ISE), Deep Trekker, Teledyne SeaBotix, GNOM, Ageotec (Lighthouse), Submersible Systems Inc (SSI), Deep Ocean Engineering, Aquabotix Technology, DWTEK, EPRONS ROV, DOER Marine, Mariscope, Outland Technology, Rovtech Solutions, Robo Marine Indonesia.
The underwater remotely operated vehicles 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. Underwater Remotely Operated Vehicles 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. Underwater Remotely Operated Vehicles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Underwater Remotely Operated Vehicles Market - Supply Chain
4.5. Global Underwater Remotely Operated Vehicles Market Forecast
4.5.1. Underwater Remotely Operated Vehicles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Underwater Remotely Operated Vehicles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Underwater Remotely Operated Vehicles Market Absolute $ Opportunity
5. Global Underwater Remotely Operated Vehicles 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. Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Type
5.3.1. Micro ROVs
5.3.2. Lightwork-class ROVs
5.3.3. Heavywork-class ROVs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Underwater Remotely Operated Vehicles 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. Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Scientific Research
6.3.3. Military & Defense
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Underwater Remotely Operated Vehicles 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. Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles 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. Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles Demand Share Forecast, 2019-2026
9. North America Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Scientific Research
9.4.3. Military & Defense
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Type
9.7.1. Micro ROVs
9.7.2. Lightwork-class ROVs
9.7.3. Heavywork-class ROVs
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 Underwater Remotely Operated Vehicles Demand Share Forecast, 2019-2026
10. Latin America Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Scientific Research
10.4.3. Military & Defense
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Type
10.7.1. Micro ROVs
10.7.2. Lightwork-class ROVs
10.7.3. Heavywork-class ROVs
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 Underwater Remotely Operated Vehicles Demand Share Forecast, 2019-2026
11. Europe Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Scientific Research
11.4.3. Military & Defense
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Type
11.7.1. Micro ROVs
11.7.2. Lightwork-class ROVs
11.7.3. Heavywork-class ROVs
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 Underwater Remotely Operated Vehicles Demand Share, 2019-2026
12. Asia Pacific Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Scientific Research
12.4.3. Military & Defense
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Type
12.7.1. Micro ROVs
12.7.2. Lightwork-class ROVs
12.7.3. Heavywork-class ROVs
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 Underwater Remotely Operated Vehicles Demand Share, 2019-2026
13. Middle East & Africa Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles 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 Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Scientific Research
13.4.3. Military & Defense
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Underwater Remotely Operated Vehicles Market Size and Volume Forecast by Type
13.7.1. Micro ROVs
13.7.2. Lightwork-class ROVs
13.7.3. Heavywork-class ROVs
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 Underwater Remotely Operated Vehicles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Underwater Remotely Operated Vehicles Market: Market Share Analysis
14.2. Underwater Remotely Operated Vehicles Distributors and Customers
14.3. Underwater Remotely Operated Vehicles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. International Submarine Engineering (ISE)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Deep Trekker
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Teledyne SeaBotix
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GNOM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ageotec (Lighthouse)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Submersible Systems Inc (SSI)
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 Ocean Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aquabotix Technology
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
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EPRONS ROV
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DOER Marine
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mariscope
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Outland Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rovtech Solutions
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Robo Marine Indonesia
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
