Report overview
ROVs are unoccupied, usually highly maneuverable, and operated by a crew either aboard a vessel/floating platform or on proximate land. They are common in deepwater industries such as offshore hydrocarbon extraction. They are linked to a host ship by a neutrally buoyant tether or, often when working in rough conditions or in deeper water, a load-carrying umbilical cable is used along with a tether management system (TMS).
This report aims to provide a comprehensive presentation of the global market for Remotely Operated Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Remotely Operated Vehicles. This report contains market size and forecasts of Remotely Operated Vehicles in global, including the following market information:
Global Remotely Operated Vehicles Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Remotely Operated Vehicles Market Sales, 2019-2024, 2024-2029, (Units)
Global top five Remotely Operated Vehicles companies in 2023 (%)
The global Remotely Operated Vehicles market was valued at US$ million in 2023 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Max Depth<3000m Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Remotely Operated Vehicles include Forum Energy Technologies, Oceaneering, TechnipFMC plc, Saab Seaeye Limited, IKM, Saipem, ECA, SMD and L3 Calzoni, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Remotely Operated Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Remotely Operated Vehicles Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (Units)
Global Remotely Operated Vehicles Market Segment Percentages, by Type, 2023 (%)
Max Depth<3000m
Max Depth 3000m-4000m
Max Depth>4000m
Global Remotely Operated Vehicles Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (Units)
Global Remotely Operated Vehicles Market Segment Percentages, by Application, 2023 (%)
Drilling Support
Construction Support
Offshore Inspection
Others
Global Remotely Operated Vehicles Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (Units)
Global Remotely Operated Vehicles Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Remotely Operated Vehicles revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Remotely Operated Vehicles revenues share in global market, 2023 (%)
Key companies Remotely Operated Vehicles sales in global market, 2019-2024 (Estimated), (Units)
Key companies Remotely Operated Vehicles sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Forum Energy Technologies
Oceaneering
TechnipFMC plc
Saab Seaeye Limited
IKM
Saipem
ECA
SMD
L3 Calzoni
Deep Ocean Engineering, Inc.
TMT
Argus Remote Systems
Outline of Major Chapters:
Chapter 1: Introduces the definition of Remotely Operated Vehicles, market overview.
Chapter 2: Global Remotely Operated Vehicles market size in revenue and volume.
Chapter 3: Detailed analysis of Remotely Operated Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Remotely Operated Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Remotely Operated Vehicles capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.