AUV & ROV for Offshore IRM Market

AUV & ROV for Offshore IRM Market



Growth Factors of AUV & ROV for Offshore IRM Market

The global AUV & ROV for offshore IRM market size was valued at USD 5.81 billion in 2023 and is projected to grow from USD 6.30 billion in 2024 to USD 12.21 billion by 2032, exhibiting a CAGR of 8.63% during the forecast period of 2024-2032.

The pandemic considerably affected the Offshore IRM market for AUVs and ROVs, causing supply chain disruptions that delayed production and deployment. Movement restrictions confine entry to offshore websites, decreasing operational ability and growing costs, impeding the AUV & ROV for offshore IRM market growth.

Critical elements for the AUV and ROV market in offshore IRM encompass rising demand for underwater inspections of growing older infrastructure, improvements in autonomous technology, accelerated focus on environmental safety, and developing investments in offshore strength initiatives, specifically renewables.

Advanced AUV and ROV technology are driving the offshore IRM market. These motors are becoming increasingly autonomous, able to perform complex responsibilities with minimum human intervention. Equipped with superior sensors and payloads, together with high-decision cameras, manipulators, and scientific instruments, AUVs and ROVs can collect precious information, conduct inspections, and perform upkeep responsibilities in complex underwater environments, expanding the AUV & ROV for offshore IRM market share globally. This technological advancement is enhancing the performance and effectiveness of offshore IRM operations.

Comprehensive Analysis of AUV & ROV for Offshore IRM Market

The AUV and ROV for the Offshore IRM market are segmented by kind, water depth, and application. By kind, ROVs dominate due to their potential to execute complicated operations with real-time control. The deep water segment leads by water intensity, profiting from sizeable oil and gas infrastructure, while shallow water is growing because of offshore renewable energy projects. By utility, the oil and gas area holds the most crucial percentage, pushed via the need for regular protection, with growing interest in offshore renewables and defense sectors also contributing to market growth.

The Asia Pacific region led the AUV & ROV for offshore IRM market by benefitting a size of USD 2.54 billion in 2023 due to the fast development happening in offshore oil and gas infrastructures, in addition to improvements in renewable energy.

The leading players in the AUV & ROV for Offshore IRM market significantly shape its growth trajectory and establish industry standards. Key players such as Fugro (Netherlands), Bluestream (Netherlands), James Fisher and Sons plc (U.K.), Boskalis (Netherlands), ROVCO (England), Sapura Energy Berhad (Malaysia), Saab Seaeye Ltd (U.K.), TechnipFMC (U.K.), Oceaneering International, Inc. (U.S.), Nexxis (U.S.), Baker Hughes (U.S.), Aker Solutions (Norway), STAPEM Offshore (France), Forum Energy Technologies, Inc. (U.S.), Saipem (Italy), Subsea 7 (U.K.), Utility ROV Services (Scotland), Orca Maritime, Inc. (U.S.), DeepOcean (Norway), IKM Subsea (Norway), and ROVOP (U.K.) contribute to a competitive landscape that drives innovation and market advancement.

In November 2023, Oceaneering International, Inc. introduced that Oceaneering Australia has presented an Inspection, Maintenance, and Repair (IMR) and Survey agreement using a distinguished power organization in Australia. Under this settlement, Oceaneering will perform diverse IMR and survey duties, which embody presenting remotely operated automobile (ROV) and survey personnel and systems, carrying out subsea inspections, coping with and engineering onshore initiatives, processing facts and associated deliverables, providing photogrammetry offerings, and facilitating onshore ROV video streaming for remote inspections.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 8.63% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

ROV (Remotely Operated Vehicle)
  • High Capacity Electric Vehicle
  • Small Vehicle
  • Heavy Work-Class Vehicle
  • Work-Class Vehicle
AUV (Autonomous Underwater Vehicle)
  • Man-portable
  • Light Weight Vehicle (LWV)
  • Heavy Weight Vehicle (HWV)
By Water Depth

Shallow Water

Deep Water

Ultra-deepwater

By Application

Offshore Renewable

Oil & Gas

Aquaculture

Security & Defense

Scientific/Institutional Survey

Others

By Region

North America (By Type, By Water Depth, By Application, By Country)
  • U.S. (By Water Depth)
  • Canada (By Water Depth)
Europe (By Type, By Water Depth, By Application, By Country)
  • U.K. (By Water Depth)
  • Norway (By Water Depth)
  • Netherlands (By Water Depth)
  • Rest of Europe (By Water Depth)
Asia Pacific (By Type, By Water Depth, By Application, By Country)
  • China (By Water Depth)
  • India (By Water Depth)
  • Australia (By Water Depth)
  • Southeast Asia (By Water Depth)
  • Rest of the Asia Pacific (By Water Depth)
Rest of the World (By Type, By Water Depth, By Application, By Country)

Please Note: It will take 5-6 business days to complete the report upon order confirmation.


1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions & Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Insight on Regulatory Landscape
4.4. Porters Five Forces Analysis
4.5. Impact of COVID-19 on the AUV & ROV for Offshore IRM Market
4.6. Average Price for Offshore IRM Service (*based on actual case studies)
5. Global AUV & ROV for Offshore IRM Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
5.1. Key Findings
5.2. Market Analysis, Insights and Forecast – By Type
5.2.1. ROV (Remotely Operated Vehicle)
5.2.1.1. High Capacity Electric Vehicle
5.2.1.2. Small Vehicle
5.2.1.3. Heavy Work-Class Vehicle
5.2.1.4. Work-Class Vehicle
5.2.2. AUV (Autonomous Underwater Vehicle)
5.2.2.1. Man-portable
5.2.2.2. Light Weight Vehicle (LWV)
5.2.2.3. Heavy Weight Vehicle (HWV)
5.3. Market Analysis, Insights and Forecast – By Water Depth
5.3.1. Shallow Water
5.3.2. Deep Water
5.3.3. Ultra-deepwater
5.4. Market Analysis, Insights and Forecast – By Application
5.4.1. Offshore Renewable
5.4.2. Oil & Gas
5.4.3. Aquaculture
5.4.4. Security & Defense
5.4.5. Scientific/Institutional Survey
5.4.6. Others
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Rest of the World
6. North America AUV & ROV for Offshore IRM Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
6.1. Key Findings
6.2. Market Analysis, Insights and Forecast – By Type
6.2.1. ROV (Remotely Operated Vehicle)
6.2.1.1. High Capacity Electric Vehicle
6.2.1.2. Small Vehicle
6.2.1.3. Heavy Work-Class Vehicle
6.2.1.4. Work-Class Vehicle
6.2.2. AUV (Autonomous Underwater Vehicle)
6.2.2.1. Man-portable
6.2.2.2. Light Weight Vehicle (LWV)
6.2.2.3. Heavy Weight Vehicle (HWV)
6.3. Market Analysis, Insights and Forecast – By Water Depth
6.3.1. Shallow Water
6.3.2. Deep Water
6.3.3. Ultra-deepwater
6.4. Market Analysis, Insights and Forecast – By Application
6.4.1. Offshore Renewable
6.4.2. Oil & Gas
6.4.3. Aquaculture
6.4.4. Security & Defense
6.4.5. Scientific/Institutional Survey
6.4.6. Others
6.5. Market Analysis, Insights and Forecast – By Country
6.5.1. U.S. Market Analysis, Insights, and Forecast – By Water Depth
6.5.1.1. Shallow Water
6.5.1.2. Deep Water
6.5.1.3. Ultra-deepwater
6.5.2. Canada Market Analysis, Insights, and Forecast – By Water Depth
6.5.2.1. Shallow Water
6.5.2.2. Deep Water
6.5.2.3. Ultra-deepwater
7. Europe AUV & ROV for Offshore IRM Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
7.1. Key Findings
7.2. Market Analysis, Insights and Forecast – By Type
7.2.1. ROV (Remotely Operated Vehicle)
7.2.1.1. High Capacity Electric Vehicle
7.2.1.2. Small Vehicle
7.2.1.3. Heavy Work-Class Vehicle
7.2.1.4. Work-Class Vehicle
7.2.2. AUV (Autonomous Underwater Vehicle)
7.2.2.1. Man-portable
7.2.2.2. Light Weight Vehicle (LWV)
7.2.2.3. Heavy Weight Vehicle (HWV)
7.3. Market Analysis, Insights and Forecast – By Water Depth
7.3.1. Shallow Water
7.3.2. Deep Water
7.3.3. Ultra-deepwater
7.4. Market Analysis, Insights and Forecast – By Application
7.4.1. Offshore Renewable
7.4.2. Oil & Gas
7.4.3. Aquaculture
7.4.4. Security & Defense
7.4.5. Scientific/Institutional Survey
7.4.6. Others
7.5. Market Analysis, Insights and Forecast – By Country
7.5.1. UK Market Analysis, Insights, and Forecast – By Water Depth
7.5.1.1. Shallow Water
7.5.1.2. Deep Water
7.5.1.3. Ultra-deepwater
7.5.2. Norway Market Analysis, Insights, and Forecast – By Water Depth
7.5.2.1. Shallow Water
7.5.2.2. Deep Water
7.5.2.3. Ultra-deepwater
7.5.3. Netherland Market Analysis, Insights, and Forecast – By Water Depth
7.5.3.1. Shallow Water
7.5.3.2. Deep Water
7.5.3.3. Ultra-deepwater
7.5.4. Rest of Europe Market Analysis, Insights, and Forecast – By Water Depth
7.5.4.1. Shallow Water
7.5.4.2. Deep Water
7.5.4.3. Ultra-deepwater
8. Asia Pacific AUV & ROV for Offshore IRM Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
8.1. Key Findings
8.2. Market Analysis, Insights and Forecast – By Type
8.2.1. ROV (Remotely Operated Vehicle)
8.2.1.1. High Capacity Electric Vehicle
8.2.1.2. Small Vehicle
8.2.1.3. Heavy Work-Class Vehicle
8.2.1.4. Work-Class Vehicle
8.2.2. AUV (Autonomous Underwater Vehicle)
8.2.2.1. Man-portable
8.2.2.2. Light Weight Vehicle (LWV)
8.2.2.3. Heavy Weight Vehicle (HWV)
8.3. Market Analysis, Insights and Forecast – By Water Depth
8.3.1. Shallow Water
8.3.2. Deep Water
8.3.3. Ultra-deepwater
8.4. Market Analysis, Insights and Forecast – By Application
8.4.1. Offshore Renewable
8.4.2. Oil & Gas
8.4.3. Aquaculture
8.4.4. Security & Defense
8.4.5. Scientific/Institutional Survey
8.4.6. Others
8.5. Market Analysis, Insights and Forecast – By Country
8.5.1. China Market Analysis, Insights, and Forecast – By Water Depth
8.5.1.1. Shallow Water
8.5.1.2. Deep Water
8.5.1.3. Ultra-deepwater
8.5.2. India Market Analysis, Insights, and Forecast – By Water Depth
8.5.2.1. Shallow Water
8.5.2.2. Deep Water
8.5.2.3. Ultra-deepwater
8.5.3. Australia Market Analysis, Insights, and Forecast – By Water Depth
8.5.3.1. Shallow Water
8.5.3.2. Deep Water
8.5.3.3. Ultra-deepwater
8.5.4. Southeast Asia Market Analysis, Insights, and Forecast – By Water Depth
8.5.4.1. Shallow Water
8.5.4.2. Deep Water
8.5.4.3. Ultra-deepwater
8.5.5. Rest of Asia Pacific Market Analysis, Insights, and Forecast – By Water Depth
8.5.5.1. Shallow Water
8.5.5.2. Deep Water
8.5.5.3. Ultra-deepwater
9. Rest of the World AUV & ROV for Offshore IRM Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
9.1. Key Findings
9.2. Market Analysis, Insights and Forecast – By Type
9.2.1. ROV (Remotely Operated Vehicle)
9.2.1.1. High Capacity Electric Vehicle
9.2.1.2. Small Vehicle
9.2.1.3. Heavy Work-Class Vehicle
9.2.1.4. Work-Class Vehicle
9.2.2. AUV (Autonomous Underwater Vehicle)
9.2.2.1. Man-portable
9.2.2.2. Light Weight Vehicle (LWV)
9.2.2.3. Heavy Weight Vehicle (HWV)
9.3. Market Analysis, Insights and Forecast – By Water Depth
9.3.1. Shallow Water
9.3.2. Deep Water
9.3.3. Ultra-deepwater
9.4. Market Analysis, Insights and Forecast – By Application
9.4.1. Offshore Renewable
9.4.2. Oil & Gas
9.4.3. Aquaculture
9.4.4. Security & Defense
9.4.5. Scientific/Institutional Survey
9.4.6. Others
10. Competitive Analysis
10.1. Company Market Share Analysis, 2023
10.2. Company Profile
10.2.1. Fugro
10.2.1.1. Business Overview
10.2.1.2. Product Application, & Services
10.2.1.3. Recent Developments
10.2.1.4. Financials (Based on Availability)
10.2.2. Bluestream
10.2.2.1. Business Overview
10.2.2.2. Product Application, & Services
10.2.2.3. Recent Developments
10.2.2.4. Financials (Based on Availability)
10.2.3. James Fisher and Sons plc.
10.2.3.1. Business Overview
10.2.3.2. Product Application, & Services
10.2.3.3. Recent Developments
10.2.3.4. Financials (Based on Availability)
10.2.4. Boskalis
10.2.4.1. Business Overview
10.2.4.2. Product Application, & Services
10.2.4.3. Recent Developments
10.2.4.4. Financials (Based on Availability)
10.2.5. ROVCO
10.2.5.1. Business Overview
10.2.5.2. Product Application, & Services
10.2.5.3. Recent Developments
10.2.5.4. Financials (Based on Availability)
10.2.6. Sapura Energy Berhad
10.2.6.1. Business Overview
10.2.6.2. Product Application, & Services
10.2.6.3. Recent Developments
10.2.6.4. Financials (Based on Availability)
10.2.7. Saab Seaeye Ltd
10.2.7.1. Business Overview
10.2.7.2. Product Application, & Services
10.2.7.3. Recent Developments
10.2.7.4. Financials (Based on Availability)
10.2.8. TechnipFMC
10.2.8.1. Business Overview
10.2.8.2. Product Application, & Services
10.2.8.3. Recent Developments
10.2.8.4. Financials (Based on Availability)
10.2.9. Oceaneering International, Inc.
10.2.9.1. Business Overview
10.2.9.2. Product Application, & Services
10.2.9.3. Recent Developments
10.2.9.4. Financials (Based on Availability)
10.2.10. Nexxis
10.2.10.1. Business Overview
10.2.10.2. Product Application, & Services
10.2.10.3. Recent Developments
10.2.10.4. Financials (Based on Availability)
10.2.11. Baker Hughes
10.2.11.1. Business Overview
10.2.11.2. Product Application, & Services
10.2.11.3. Recent Developments
10.2.11.4. Financials (Based on Availability)
10.2.12. Aker Solutions
10.2.12.1. Business Overview
10.2.12.2. Product Application, & Services
10.2.12.3. Recent Developments
10.2.12.4. Financials (Based on Availability)
10.2.13. STAPEM Offshore
10.2.13.1. Business Overview
10.2.13.2. Product Application, & Services
10.2.13.3. Recent Developments
10.2.13.4. Financials (Based on Availability)
10.2.14. Forum Energy Technologies, Inc.
10.2.14.1. Business Overview
10.2.14.2. Product Application, & Services
10.2.14.3. Recent Developments
10.2.14.4. Financials (Based on Availability)
10.2.15. Saipem
10.2.15.1. Business Overview
10.2.15.2. Product Application, & Services
10.2.15.3. Recent Developments
10.2.15.4. Financials (Based on Availability)
10.2.16. Subsea 7
10.2.16.1. Business Overview
10.2.16.2. Product Application, & Services
10.2.16.3. Recent Developments
10.2.16.4. Financials (Based on Availability)
10.2.17. Utility ROV Services
10.2.17.1. Business Overview
10.2.17.2. Product Application, & Services
10.2.17.3. Recent Developments
10.2.17.4. Financials (Based on Availability)
10.2.18. Orca Maritime, Inc.
10.2.18.1. Business Overview
10.2.18.2. Product Application, & Services
10.2.18.3. Recent Developments
10.2.18.4. Financials (Based on Availability)
10.2.19. DeepOcean
10.2.19.1. Business Overview
10.2.19.2. Product Application, & Services
10.2.19.3. Recent Developments
10.2.19.4. Financials (Based on Availability)
10.2.20. IKM Subsea
10.2.20.1. Business Overview
10.2.20.2. Product Application, & Services
10.2.20.3. Recent Developments
10.2.20.4. Financials (Based on Availability)
10.2.21. ROVOP
10.2.21.1. Business Overview
10.2.21.2. Product Application, & Services
10.2.21.3. Recent Developments
10.2.21.4. Financials (Based on Availability)
10.2.22. Nauticus Robotics
10.2.22.1. Business Overview
10.2.22.2. Product Application, & Services
10.2.22.3. Recent Developments
10.2.22.4. Financials (Based on Availability)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings