Market for ROVs in Oil & Gas Industry to be Worth USD 2,458 Million in 2013, Forecast Visiongain26 Feb 2013 • by Natalie Aster
The global ROV market has been growing rapidly over the last years. The primary reason for this development has been the advancement in offshore technologies which has lead to the introduction of more complex subsea infrastructure and to an increase in exploration and production spending, particularly in deepwater and ultra deepwater regions. As expenditure in deepwater areas and on subsea infrastructure around the world increases, ROVs will become an increasingly critical aspect of offshore oil and gas development.
According to the report “ROVs in the Oil & Gas Industry 2013-2023” by Visiongain, the positive growth forecast for the development of the deepwater market and subsea infrastructure market along with the increased focus on safety and security mean that ROVs will take on an even more important role in the oil and gas business throughout the coming decade. The report states that the value of the market for ROVs in the oil & gas industry in 2013 will reach $2,458m.
ROVs in the Oil & Gas Industry 2013-2023
Published: February, 2013
Price: US$ 2,738.00
Visiongain consulted widely with industry experts and full transcripts from these exclusive interviews are included in the report. As such, its reports have a unique blend of primary and secondary sources providing informed opinion. The report provides insight into key drivers and restraints behind technological and project developments, as well as identifying leading companies. The report also provides a unique blend of qualitative analysis combined with extensive quantitative data including global and national markets forecasts from 2013-2023 - all highlighting key business opportunities.
More information can be found in the report “ROVs in the Oil & Gas Industry 2013-2023” by Visiongain.
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