Global Offshore AUV & ROV Market is projected
to reach USD 942.98 Million by 2023, growing at a CAGR of over 3% from 2019-2023.
Offshore oil and gas discoveries in prominent countries and rise in demand for
oil & gas are driving the Offshore AUV & ROV market globally. Moreover,
autonomous underwater vehicles find wide application in navigation systems of
marine vehicles to raise alerts regarding submerged rocks and obstructions that
can cause accidents. AUVs that are based on advanced technology operate sans
human controllers to conduct a mission. Based on depth, the offshore AUV & ROV
market has been segmented into Less than 5,000 feet, 5,000–10,000 feet, and
Above 10,000 feet. In 2017, the 5,000–10,000 feet segment led the market and is
projected to hold the largest share of the market during 2019-2023. Growing
technological advancements in the offshore sector has helped meet the
increasing environmental regulation and these technological advancements are
anticipated to continue to engineer further growth in the oil & gas
unmanned vehicles sector. The leading players in the global offshore AUV and
ROV market are Subsea 7 Inc., SAAB AB, Fugro NV, Ocean Engineering Ltd.,
Bluefin Robotics, Atlas Electronik GmbH, Kongsberg Maritime, among others.
Years
considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019–2023
Objective of the Study:
- To
analyse and forecast the market size of Offshore AUV & ROV Market, in terms
of value.
- To
classify and forecast Global Offshore AUV & ROV Market based on
type, class, application, depth and regional distribution.
- To
identify drivers and challenges for Global Offshore AUV & ROV Market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Global Offshore AUV & ROV Market.
- To
conduct the pricing analysis for Offshore AUV & ROV Market.
- To
identify and analyse the profile of leading players involved in the manufacturing
of Global Offshore AUV & ROV Market.
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Some of the leading players in the Global Offshore AUV
& ROV Market are Subsea 7, Oceaneering International, Deepocean, International
Submarine Engineering, Ac-Cess, DOF Subsea, Fugro, Technipfmc, Saipem, ECA
Group etc.
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the suppliers which could not be identified due
to the limitations of secondary research. TechSci Research analysed the service
offerings, distribution channels and presence of all major collaboration manufacturers
across the globe.
TechSci Research
calculated the market size of Global Offshore
AUV & ROV Market using a bottom-up approach, where
data for various end user industries and its application across various product
types were recorded and forecast for the future years. TechSci Research sourced
these values from the industry experts and company representatives and
externally validated through analysing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company website, news articles, press releases,
company annual reports, investor presentations and financial reports were also
used by TechSci Research.
Key Target
Audience:
- Manufacturers of Offshore AUV & ROV
- Oil & gas organizations
- Offshore AUV & ROV service companies
- Suppliers and Distributors
- End-Use Industries
- Raw Material Suppliers
- Industry associations and experts
- Research organizations and consulting
companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The
study is useful in providing answers to several critical questions that are
important for the industry stakeholders such as collaboration manufacturer and
partners, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In
this report, Global Offshore AUV & ROV Market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Market, By Class:
- Observation
Class
- Work
Class
- Intervention
Class
- Market, By Type:
- Small
AUV
- Medium
AUV
- Large
AUV
- Market, By Application:
- Drilling
and Well Completion Support
- Construction
Support
- Inspection,
Repair and Maintenance Service
- Subsea
Engineering Services
- Remote
Subsea Intervention Tooling Design and Build
- Market, By Depth:
- Less
Than 5,000 Feet
- 5,000–10,000
Feet
- Above
10,000
- Market,
by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe
- France
- Germany
- United
Kingdom
- Italy
- Spain
- North America
- United
States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South
Africa
- Saudi
Arabia
- UAE
- Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present
in Offshore AUV & ROV Market.
Available Customizations:
With
the given market data, TechSci Research offers customizations according the
company’s specific needs. The following customization options are available for
the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and
indirect sales channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at sales@techsciresearch.com