Global Underwater Robots Market Growth 2023-2029

Global Underwater Robots Market Growth 2023-2029

Underwater robots, also known as unmanned remotely operated submersibles (ROV), are extreme operating robots that work underwater. The underwater environment is harsh and dangerous, and the depth of human diving is limited, so underwater robots have become an important tool for developing the ocean. There are mainly two types of unmanned remotely controlled submersibles: cable remotely controlled submersibles and cableless remotely controlled submersibles. Among them, cabled remotely controlled submersibles are divided into three types: self-propelled underwater, towed and crawling on submarine structures.
LPI (LP Information)' newest research report, the “Underwater Robots Industry Forecast” looks at past sales and reviews total world Underwater Robots sales in 2022, providing a comprehensive analysis by region and market sector of projected Underwater Robots sales for 2023 through 2029. With Underwater Robots sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Underwater Robots industry.
This Insight Report provides a comprehensive analysis of the global Underwater Robots 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 Underwater Robots portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Underwater Robots market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Underwater Robots 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 Underwater Robots.
The global Underwater Robots market size is projected to grow from US$ 261.6 million in 2022 to US$ 424.4 million in 2029; it is expected to grow at a CAGR of 424.4 from 2023 to 2029.
Global Underwater Robots key players include Forum Energy Technologies, TechnipFMC plc, Deep Ocean Engineering, etc. Global top three manufacturers hold a share over 30%.
North America is the largest market, with a share over 30%, followed by Europe, and Asia Pacific, both have a share over 35 percent.
In terms of product, Below 3000m is the largest segment, with a share over 65%. And in terms of application, the largest application is Deep Inspection, followed by Drilling Support, Submarine Construction Support, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Underwater Robots market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 3000m
3000m-4000m
Over 4000m
Segmentation by application
Drilling Support
Deep Inspection
Submarine Construction Support
Other
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
TMT
Argus Remote Systems
Key Questions Addressed in this Report
What is the 10-year outlook for the global Underwater Robots market?
What factors are driving Underwater Robots market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Underwater Robots market opportunities vary by end market size?
How does Underwater Robots 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.