Unmanned Underwater Vehicles (UUVs) for Oil & Gas Industry: Asia Pacific Market 2022-2032 by Vehicle Type (ROVs, AUVs), Component (Hardware, Software, Operation and Service), Propulsion (Electric System, Mechanical System, Others), and Country

September 2023 | 127 pages | ID: UBBFA2898A58EN
GMD Research

Abstracts

Asia Pacific unmanned underwater vehicles (UUVs) for oil & gas market will grow by 9.3% annually with a total addressable market cap of $4.85 billion over 2023-2032, driven by the increasing demand for energy, growing offshore exploration and oil & gas production, and the technological advancement of UUVs.

Highlighted with 36 tables and 62 figures, this 127-page report “Unmanned Underwater Vehicles (UUVs) for Oil & Gas Industry: Asia Pacific Market 2022-2032 by Vehicle Type (ROVs, AUVs), Component (Hardware, Software, Operation and Service), Propulsion (Electric System, Mechanical System, Others), and Country” is based on comprehensive research of the entire Asia Pacific unmanned underwater vehicles (UUVs) for oil & gas market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific unmanned underwater vehicles (UUVs) for oil & gas market in every aspect of the classification from perspectives of Vehicle Type, Component, Propulsion, and Country.

Based on Vehicle Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and fleet (units) for 2022-2032 included in each mainstream section.

• ROVs
• Observation Vehicle
• Light Work Class Vehicle
• Medium Work Class Vehicle
• Heavy Work Class Vehicle
• Towed and Bottom-Crawling Vehicle
• AUVs
• Shallow AUVs
• Medium AUVs
• Large AUVs

Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Hardware
• Imaging
• Sensors and Automation
• Steering and Positioning
• Navigation
• Energy and Propulsion
• Communication
• Other Hardware
• Software
• Operation and Service

By Propulsion, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and fleet (units) for 2022-2032 included in each section.

• Electric System
• Mechanical System
• Other Propulsion Systems

Geographically, the following national/local markets are fully investigated:

• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Vehicle Type, Component, and Propulsion over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Andrews Survey

C-Innovation

DOF Subsea AS

Forum Energy Technologies

Fugro Subsea Services Ltd.

Hallin Marine Subsea International PLC

Helix Energy Solutions

i-Tech (Subsea 7)

Kongsberg Gruppen ASA

Kystdesign AS

Oceaneering International, Inc.

Perry Slingsby Systems Limited

SAAB SEAEYE LTD.

Saipem (Sonsub)

Schilling Robotics, LLC

Soil Machine Dynamics Ltd. (SMD)

(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION 7

1.1 Industry Definition and Research Scope 7
  1.1.1 Industry Definition 7
  1.1.2 Research Scope 9
1.2 Research Methodology 12
  1.2.1 Overview of Market Research Methodology 12
  1.2.2 Market Assumption 13
  1.2.3 Secondary Data 13
  1.2.4 Primary Data 13
  1.2.5 Data Filtration and Model Design 14
  1.2.6 Market Size/Share Estimation 15
  1.2.7 Research Limitations 16
1.3 Executive Summary 17

2 MARKET OVERVIEW AND DYNAMICS 19

2.1 Market Size and Forecast 19
  2.1.1 Impact of COVID-19 on World Economy 21
  2.1.2 Impact of COVID-19 on the Market 24
  2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 26
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter’s Fiver Forces Analysis 42

3 SEGMENTATION OF ASIA PACIFIC MARKET BY VEHICLE TYPE 46

3.1 Market Overview by Vehicle Type 46
3.2 ROVs 49
  3.2.1 Observation Vehicle 52
  3.2.2 Light Work Class Vehicle 54
  3.2.3 Medium Work Class Vehicle 56
  3.2.4 Heavy Work Class Vehicle 58
  3.2.5 Towed and Bottom-Crawling Vehicle 60
3.3 AUVs 62
  3.3.1 Shallow AUVs 64
  3.3.2 Medium AUVs 65
  3.3.3 Large AUVs 66

4 SEGMENTATION OF ASIA PACIFIC MARKET BY COMPONENT 67

4.1 Market Overview by Component 67
4.2 Hardware 69
  4.2.1 Imaging 71
  4.2.2 Sensors and Automation 72
  4.2.3 Steering and Positioning 73
  4.2.4 Navigation 74
  4.2.5 Energy and Propulsion 75
  4.2.6 Communication 76
  4.2.7 Other Hardware 77
4.3 Software 78
4.4 Operation and Service 79

5 SEGMENTATION OF ASIA PACIFIC MARKET BY PROPULSION 80

5.1 Market Overview by Propulsion 80
5.2 Electric System 83
5.3 Mechanical System 85
5.4 Other Propulsion Systems 87

6 ASIA-PACIFIC MARKET 2022-2032 BY COUNTRY 89

6.1 Overview of Asia-Pacific Market 89
6.2 Japan 92
6.3 China 95
6.4 Australia 97
6.5 India 99
6.6 South Korea 101
6.7 Rest of APAC Region 103

7 COMPETITIVE LANDSCAPE 105

7.1 Overview of Key Vendors 105
7.2 New Product Launch, Partnership, Investment, and M&A 109
7.3 Company Profiles 110
Andrews Survey 110
C-Innovation 112
DOF Subsea AS 113
Forum Energy Technologies 114
Fugro Subsea Services Ltd. 115
Hallin Marine Subsea International PLC 116
Helix Energy Solutions 117
i-Tech (Subsea 7) 118
Kongsberg Gruppen ASA 119
Kystdesign AS 120
Oceaneering International, Inc. 121
Perry Slingsby Systems Limited 122
SAAB SEAEYE LTD. 123
Saipem (Sonsub) 124
Schilling Robotics, LLC 125
Soil Machine Dynamics Ltd. (SMD) 126
RELATED REPORTS 127

List Of Tables

LIST OF TABLES:

Table 1. Snapshot of Asia Pacific Oil & Gas UUVs Market in Balanced Perspective, 2022-2032 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. Scenarios for Economic Impact of Ukraine Crisis 27
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Oil & Gas UUVs Market 38
Table 6. Asia Pacific Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 46
Table 7. Asia Pacific Oil & Gas UUVs Market by Vehicle Type (Fleet in Operation), 2022-2032, units 48
Table 8. Asia Pacific Oil & Gas UUVs Market: ROVs by Type, 2022-2032, $ mn 50
Table 9. Classifications of ROVs by Type 51
Table 10. Asia Pacific Oil & Gas UUVs Market: AUVs by Type, 2022-2032, $ mn 63
Table 11. Asia Pacific Oil & Gas UUVs Market by Component, 2022-2032, $ mn 67
Table 12. Asia Pacific Oil & Gas UUVs Market: Hardware by Type, 2022-2032, $ mn 70
Table 13. Asia Pacific Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 80
Table 14. Asia Pacific Oil & Gas UUVs Market by Propulsion (Fleet in Operation), 2022-2032, units 82
Table 15. APAC Oil & Gas UUVs Market by Country, 2022-2032, $ mn 90
Table 16. Japan Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 94
Table 17. Japan Oil & Gas UUVs Market by Component, 2022-2032, $ mn 94
Table 18. Japan Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 94
Table 19. China Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 96
Table 20. China Oil & Gas UUVs Market by Component, 2022-2032, $ mn 96
Table 21. China Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 96
Table 22. Australia Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 98
Table 23. Australia Oil & Gas UUVs Market by Component, 2022-2032, $ mn 98
Table 24. Australia Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 98
Table 25. India Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 100
Table 26. India Oil & Gas UUVs Market by Component, 2022-2032, $ mn 100
Table 27. India Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 100
Table 28. South Korea Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 102
Table 29. South Korea Oil & Gas UUVs Market by Component, 2022-2032, $ mn 102
Table 30. South Korea Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 102
Table 31. Oil & Gas UUVs Market in Rest of APAC by Country/Region, 2022-2032, $ mn 104
Table 32. Market Share of World Work-Class ROVs by Manufacturer, % Capex 107
Table 33. Market Share of World Work-Class ROVs by Operator, %Capex 107
Table 34. Andrews Survey: Company Snapshot 110
Table 35. Andrews Survey: Business Segmentation 111
Table 36. Andrews Survey: Product Portfolio 111

List Of Figures

LIST OF FIGURES:

Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17
Figure 4. Asia Pacific Oil & Gas UUVs Market by Sales Revenue, 2022-2032, $ mn 19
Figure 5. Asia Pacific Oil & Gas UUVs Market by Fleet in Operation, 2022-2032, units 20
Figure 6. Impact of COVID-19 on Business 24
Figure 7. Primary Drivers and Impact Factors of Asia Pacific Oil & Gas UUVs Market 30
Figure 8. World Crude Oil Production, 2000-2021, million tons 33
Figure 9. World Gas Production, 1990-2021, bcm 34
Figure 10. Primary Restraints and Impact Factors of Asia Pacific Oil & Gas UUVs Market 35
Figure 11. Investment Opportunity Analysis 39
Figure 12. Porter’s Fiver Forces Analysis of Asia Pacific Oil & Gas UUVs Market 42
Figure 13. Breakdown of Asia Pacific Oil & Gas UUVs Market by Vehicle Type, 2022-2032, % of Revenue 47
Figure 14. Asia Pacific Addressable Market Cap in 2023-2032 by Vehicle Type, Value ($ mn) and Share (%) 47
Figure 15. Breakdown of Asia Pacific Oil & Gas UUVs Market by Vehicle Type, 2022-2032, % of Fleet in Operation 48
Figure 16. Asia Pacific Oil & Gas UUVs Market by Vehicle Type: ROVs, 2022-2032, $ mn 49
Figure 17. Asia Pacific Oil & Gas UUVs Market by Vehicle Type (Fleet in Operation): ROVs, 2022-2032, units 50
Figure 18. Example Picture of Observation ROVs 52
Figure 19. Asia Pacific Oil & Gas UUVs Market by ROVs: Observation Vehicle, 2022-2032, $ mn 53
Figure 20. Example Picture of Light Work-Class ROVs 54
Figure 21. Asia Pacific Oil & Gas UUVs Market by ROVs: Light Work Class Vehicle, 2022-2032, $ mn 55
Figure 22. Example Picture of Ultra Deep ROVs 56
Figure 23. Asia Pacific Oil & Gas UUVs Market by ROVs: Medium Work Class Vehicle, 2022-2032, $ mn 57
Figure 24. Example Picture of Heavy Work-Class ROVs 58
Figure 25. Asia Pacific Oil & Gas UUVs Market by ROVs: Heavy Work Class Vehicle, 2022-2032, $ mn 59
Figure 26. Example Picture of Towed and Bottom-Crawling ROVs 60
Figure 27. Asia Pacific Oil & Gas UUVs Market by ROVs: Towed and Bottom-Crawling Vehicle, 2022-2032, $ mn 61
Figure 28. Asia Pacific Oil & Gas UUVs Market by Vehicle Type: AUVs, 2022-2032, $ mn 62
Figure 29. Asia Pacific Oil & Gas UUVs Market by Vehicle Type (Fleet in Operation): AUVs, 2022-2032, units 63
Figure 30. Asia Pacific Oil & Gas UUVs Market by AUVs: Shallow AUVs, 2022-2032, $ mn 64
Figure 31. Asia Pacific Oil & Gas UUVs Market by AUVs: Medium AUVs, 2022-2032, $ mn 65
Figure 32. Asia Pacific Oil & Gas UUVs Market by AUVs: Large AUVs, 2022-2032, $ mn 66
Figure 33. Breakdown of Asia Pacific Oil & Gas UUVs Market by Component, 2022-2032, % of Sales Revenue 68
Figure 34. Asia Pacific Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 68
Figure 35. Asia Pacific Oil & Gas UUVs Market by Component: Hardware, 2022-2032, $ mn 69
Figure 36. Asia Pacific Oil & Gas UUVs Market by Hardware: Imaging, 2022-2032, $ mn 71
Figure 37. Asia Pacific Oil & Gas UUVs Market by Hardware: Sensors and Automation, 2022-2032, $ mn 72
Figure 38. Asia Pacific Oil & Gas UUVs Market by Hardware: Steering and Positioning, 2022-2032, $ mn 73
Figure 39. Asia Pacific Oil & Gas UUVs Market by Hardware: Navigation, 2022-2032, $ mn 74
Figure 40. Asia Pacific Oil & Gas UUVs Market by Hardware: Energy and Propulsion, 2022-2032, $ mn 75
Figure 41. Asia Pacific Oil & Gas UUVs Market by Hardware: Communication, 2022-2032, $ mn 76
Figure 42. Asia Pacific Oil & Gas UUVs Market by Hardware: Other Hardware, 2022-2032, $ mn 77
Figure 43. Asia Pacific Oil & Gas UUVs Market by Component: Software, 2022-2032, $ mn 78
Figure 44. Asia Pacific Oil & Gas UUVs Market by Component: Operation and Service, 2022-2032, $ mn 79
Figure 45. Breakdown of Asia Pacific Oil & Gas UUVs Market by Propulsion, 2022-2032, % of Sales Revenue 81
Figure 46. Asia Pacific Addressable Market Cap in 2023-2032 by Propulsion, Value ($ mn) and Share (%) 81
Figure 47. Breakdown of Asia Pacific Oil & Gas UUVs Market by Propulsion, 2022-2032, % of Fleet in Operation 82
Figure 48. Asia Pacific Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Electric System, 2022-2032, $ mn 83
Figure 49. Asia Pacific Oil & Gas UUVs Market by Propulsion: Electric System, 2022-2032, units 84
Figure 50. Asia Pacific Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Mechanical System, 2022-2032, $ mn 85
Figure 51. Asia Pacific Oil & Gas UUVs Market by Propulsion: Mechanical System, 2022-2032, units 86
Figure 52. Asia Pacific Oil & Gas UUVs Market by Propulsion: Other Propulsion Systems, 2022-2032, $ mn 87
Figure 53. Asia Pacific Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Other Propulsion Systems, 2022-2032, units 88
Figure 54. Breakdown of APAC Oil & Gas UUVs Market by Country, 2022 and 2032, % of Revenue 90
Figure 55. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 91
Figure 56. Oil & Gas UUVs Market in Japan, 2022-2032, $ mn 93
Figure 57. Oil & Gas UUVs Market in China, 2022-2032, $ mn 95
Figure 58. Oil & Gas UUVs Market in Australia, 2022-2032, $ mn 97
Figure 59. Oil & Gas UUVs Market in India, 2022-2032, $ mn 99
Figure 60. Oil & Gas UUVs Market in South Korea, 2022-2032, $ mn 101
Figure 61. Oil & Gas UUVs Market in Rest of APAC, 2022-2032, $ mn 103
Figure 62. Growth Stage of Asia Pacific Oil & Gas UUVs Industry over the Forecast Period 105