Global Remotely Operated Vehicle (ROV) Market Examined & Forecast in New Topical Research Report by GMR Data Published at MarketPublishers.com07 Aug 2017 • by Natalie Aster
LONDON – Known as unoccupied, highly maneuverable underwater robots that are operated and navigated from aboard, remotely operated vehicles (ROVs) are acquiring popularity worldwide. The adoption of ROVs is gaining traction at a swift pace in such industries as oil and gas, military and defense, scientific research, amid others.
During 2017-2025, the global total capital expenditure (Capex) of ROVs is expected to demonstrate sustainable growth, supported primarily by the rapidly rising adoption of ROVs for drilling and construction support, inspection and IRM activities. In 2025, the total Capex of ROVs is likely to climb to about USD 5.15 billion globally.
New all-around research report “Global Remotely Operated Vehicle (ROV) Market 2017-2025 by Industry Vertical, Application, Hardware Component, Vehicle Type, Propulsion System and Region” prepared by GMR Data provides a comprehensive insight into the current situation in the global market for ROVs. This topical publication covers the entire world’s market as well as focuses on its segments and sub-segments, gives detailed classifications and covers the major aspects. It provides a profound analysis of the market dynamics, reviews the main market growth drivers, challenges, restraints; examines the emerging market trends and looks at the promising future opportunities and growth prospects; offers a detailed market segmentation analysis based on applications, industry verticals, hardware components, vehicle types, regions, hardware components, etc. Moreover, Porter’s Five Forces analysis is also available here. Additionally, this research study evaluates the potential risks associated with investing in the global ROVs industry and gives the market forecasts through 2025.
Besides, the competitive landscape in the market is highlighted and top global ROVs market players are profiled in this research report.
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