Global Remotely Operated Vehicles Market Growth 2023-2029

Global Remotely Operated Vehicles Market Growth 2023-2029

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).

LPI (LP Information)' newest research report, the “Remotely Operated Vehicles Industry Forecast” looks at past sales and reviews total world Remotely Operated Vehicles sales in 2022, providing a comprehensive analysis by region and market sector of projected Remotely Operated Vehicles sales for 2023 through 2029. With Remotely Operated Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Remotely Operated Vehicles industry.

This Insight Report provides a comprehensive analysis of the global Remotely Operated Vehicles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Remotely Operated Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Remotely Operated Vehicles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Remotely Operated Vehicles and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Remotely Operated Vehicles.

The global Remotely Operated Vehicles market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Remotely Operated Vehicles is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Remotely Operated Vehicles is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Remotely Operated Vehicles is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Remotely Operated Vehicles players cover Forum Energy Technologies, Oceaneering, TechnipFMC plc, Saab Seaeye Limited, IKM, Saipem, ECA, SMD and L3 Calzoni, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Remotely Operated Vehicles market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Max Depth<3000m
Max Depth 3000m-4000m
Max Depth>4000m

Segmentation by application
Drilling Support
Construction Support
Offshore Inspection
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Forum Energy Technologies
Oceaneering
TechnipFMC plc
Saab Seaeye Limited
IKM
Saipem
ECA
SMD
L3 Calzoni
Deep Ocean Engineering, Inc.
TMT
Argus Remote Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Remotely Operated Vehicles market?

What factors are driving Remotely Operated Vehicles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Remotely Operated Vehicles market opportunities vary by end market size?

How does Remotely Operated Vehicles break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.