World Total CapEx of Work-Class ROVs to Post 9.3% CAGR to 2025, Projects GMR Data in Its Report Available at MarketPublishers.com03 Oct 2017 • by Natalie Aster
LONDON – The evolution of remotely operated vehicle (ROV) technology has led to the ever-increasing use of work-class ROVs in the oil and gas sector, military and defense, scientific R&D and other sectors. The world total CapEx of work-class ROVs in 2025 is expected to post a 9.3% CAGR through to 2025, owing to a considerable adoption of work-class ROVs for drilling and construction support, and also inspection, repair and maintenance (IRM) services from pole to pole.
New cutting-edge report “Global Work Class ROVs Market 2017-2025” drawn up by GMR Data is aimed at canvassing the overall world market and each of its sub-segments via comprehensively granular classifications by industry vertical, new builds and operation/service, hardware component, type of vehicle, application, propulsion system, and region-wise.
The report provides historical market figures for 2014-2016, and forecasts through to 2025. It canvasses the market scope; examines key market growth drivers, obstacles and challenges; limelights emerging product trends and market opportunities, and includes Porter’s fiver forces analysis. For each market segment and regions/countries discussed, the study presents granular analysis and data for annual CapEx from 2014 till 2025 (historical and forecasted). The research publication explores the present-day competitive scene and the projected production trends, and also offers detailed profiles of the global work-class ROV vendors comprising top market participants and major emerging players. It also gives a qualitative and quantitative evaluation of the potential risks related to investing in the world work class ROVs market.
Many more new research reports drawn up by GMR Data are provided at this page.