Global Remotely Operated Vehicle (ROV) Market 2017-2025 by Industry Vertical, Application, Hardware Component, Vehicle Type, Propulsion System and Region

July 2017 | 194 pages | ID: GDAC21B5B36EN
GMD Research

Abstracts

Remotely Operated Vehicles (ROVs) are unoccupied underwater robots, connected to an operator via a series of cables which transmit command and control signals to and from the underwater vehicle and the operator, allowing remote navigation of the vehicles. The evolution of ROV technology has resulted in the ever-growing application in oil & gas industry, military/defense, scientific research and other sectors. Global total Capex (capital expenditure) of ROVs in 2025 will advance to $5.15 billion. This represents a continuous XX% increase yearly between 2016 and 2025 and a cumulative Capex of $XXX billion during 2017-2025 driven by the substantial adoption of ROVs for drilling support, construction support, as well as inspection, repair and maintenance (IRM) activities.

Highlighted with 47 tables and 57 figures, this 194-page report “Global Remotely Operated Vehicle (ROV) Market 2017-2025 by Industry Vertical, Application, Hardware Component, Vehicle Type, Propulsion System and Region” is based on a comprehensive research of the ROVs market by analyzing the entire global 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.

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 report also quantifies global ROVs market in every aspect of the classification from perspectives of industry vertical, application, new built and operation/service, hardware component, vehicle type, propulsion system and region.

Based on industry vertical, the global ROV market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.

• Oil & Gas Industry
• Scientific Research
• Military & Defense
• Others

Based on application, the global work-class ROV market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.

• Drilling Support
• Construction Support
• Inspection, Repair and Maintenance (IRM)
• Others

Based on capex source, the global market is analyzed on the following segments with annual capex in 2014-2025 provided for each segment.

• ROV New Builds
• ROV Operation & Service

Based on system component, the global ROV hardware market is divided and analyzed on the following segments in terms of capex for 2014-2025.

• Imaging System
• Sensors and Automation Systems
• Steering and Positioning
• Navigation System
• Energy and Propulsion
• Others

Based on vehicle type, the global ROV market is split and analyzed on the following sections in terms of annual capex and fleet in operation for 2014-2025.

• Observation Vehicle
• Light Work Class Vehicle
• Medium Work Class Vehicle
• Heavy Work Class Vehicle
• Towed and Bottom-Crawling Vehicle

Based on propulsion system, the global ROV market is segmented into the following sections and analyzed in terms of annual capex and operational fleet for 2014-2025.

• Hydraulic system
• Electric system
• Others

Geographically, the following regions together with the listed national markets are fully investigated:

• APAC (China, Malaysia, Australia, India, and Rest of APAC)
• Europe (Norway, UK, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Argentina, Brazil, Mexico, Rest of Latin America)
• Africa (Nigeria, Angola)
• Middle East

For each of the aforementioned regions and countries, detailed analysis and data for annual capex are available for 2014-2025. The breakdown of all regional markets and national markets by industry vertical and vehicle type over the forecast years is included.

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

Specifically, potential risks associated with investing in global ROVs market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Contents

1 INTRODUCTION

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

2 MARKET OVERVIEW AND QUALITATIVE ANALYSIS

2.1 Market Size and Forecast
2.2 Market Structure
2.3 Major Growth Drivers
2.4 Market Restraints and Challenges
2.5 Emerging Opportunities and Market Trends
2.6 Porter’s Fiver Forces Analysis

3 ANALYSIS OF GLOBAL MARKET BY INDUSTRY VERTICAL

3.1 Market Overview by Industry Vertical
3.2 ROVs for Oil & Gas Industry: Global Market 2014-2025
3.3 ROVs for Scientific Research: Global Market 2014-2025
3.4 ROVs for Military & Defense: Global Market 2014-2025
3.5 ROVs for Other Industry Verticals: Global Market 2014-2025

4 ANALYSIS OF GLOBAL MARKET BY NEW BUILDS AND OPERATION & SERVICE

4.1 Market Overview by New Builds and Operation & Service
4.2 ROV New Builds
4.3 ROV Operation & Service

5 ANALYSIS OF GLOBAL MARKET BY HARDWARE COMPONENT

5.1 Market Overview by Hardware Component
5.2 Imaging System
5.3 Sensors and Automation Systems
5.4 Steering and Positioning
5.5 Navigation System
5.6 Energy and Propulsion
5.7 Other Hardware Components

6 ANALYSIS OF GLOBAL MARKET BY VEHICLE TYPE

6.1 Market Overview by Vehicle Type
6.2 Observation Vehicle
6.3 Light Work-Class Vehicle
6.4 Medium Work-Class Vehicle
6.5 Heavy Work-Class Vehicle
6.6 Towed and Bottom-Crawling Vehicle

7 ANALYSIS OF GLOBAL WORK-CLASS ROVS MARKET BY APPLICATION

7.1 Market Overview by Application
7.2 Drilling Support
7.3 Construction Support
7.4 Inspection, Repair and Maintenance (IRM)
7.5 Other Applications

8 ANALYSIS OF GLOBAL MARKET BY PROPULSION SYSTEM

8.1 Market Overview by Propulsion System
8.2 Hydraulic System
8.3 Electric System
8.4 Other Systems

9 ANALYSIS OF GLOBAL MARKET BY REGION

9.1 Geographic Market Overview by Region 2016-2025
9.2 North America Market 2014-2025
  9.2.1 Overview of North America Market
  9.2.2 U.S. Market
  9.2.3 Canadian Market
9.3 European Market 2014-2025
  9.3.1 Overview of European Market
  9.3.2 Norway
  9.3.3 UK
  9.3.4 Rest of European Market
9.4 Asia-Pacific Market 2014-2025
  9.4.1 Overview of Asia-Pacific Market
  9.4.2 China
  9.4.3 Malaysia
  9.4.4 Australia
  9.4.5 India
  9.4.6 Rest of APAC Region
9.5 Latin America Market 2014-2025
  9.5.1 Argentina
  9.5.2 Brazil
  9.5.3 Mexico
  9.5.4 Rest of Latin America Market
9.6 Africa Market 2014-2025
  9.6.1 Nigeria
  9.6.2 Angola
  9.6.3 Rest of Africa Market
9.7 Middle East Market 2014-2025

10 COMPETITIVE LANDSCAPE

10.1 Overview of Global Vendors
10.2 Company Profiles

11 INVESTING IN GLOBAL MARKET: RISK ASSESSMENT AND MANAGEMENT

11.1 Risk Evaluation of Global Market
11.2 Critical Success Factors (CSFs)

RELATED REPORTS AND PRODUCTS

List Of Tables

LIST OF TABLES

Table 1. Snapshot of Global ROVs Market, 2016-2025
Table 2. Main Product Trends and Market Opportunities in Global ROVs Market
Table 3. Classifications of ROVs by Type
Table 4. Leading National ROVs Markets by Capex, 2016 and 2025, $ mn
Table 5. North America ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 6. North America ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 7. U.S. ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 8. U.S. ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 9. Canada ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 10. Canada ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 11. Europe ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 12. Europe ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 13. Norway ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 14. Norway ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 15. UK ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 16. UK ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 17. APAC ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 18. APAC ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 19. China ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 20. China ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 21. Malaysia ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 22. Malaysia ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 23. Australia ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 24. Australia ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 25. India ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 26. India ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 27. Latin America ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 28. Latin America ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 29. Argentina ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 30. Argentina ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 31. Brazil ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 32. Brazil ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 33. Mexico ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 34. Mexico ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 35. Africa ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 36. Africa ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 37. Nigeria ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 38. Nigeria ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 39. Angola ROVs Market by Industry Vertical, 2016-2025, $ mn
Table 40. Angola ROVs Market by Vehicle Type, 2016-2025, $ mn
Table 41. Market Share of Global Work-Class ROVs by Manufacturer, % Capex
Table 42. Market Share of Global Work-Class ROVs by Operator, %Capex
Table 43. Forum Energy Technologies, Inc. Condensed Consolidated Statements of Income, 2016-2017
Table 44. Forum Energy Technologies, Inc. Revenue by Business Segment, 2016-2017
Table 45. Main Products and Services of i-Tech
Table 46. Risk Evaluation for Investing in Global Market, 2016-2025
Table 47. Critical Success Factors and Key Takeaways

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2014-2025
Figure 4. Global ROVs Market by Capex, 2014-2025, $ mn
Figure 5. Global ROVs Market by Fleet, 2014-2025, units
Figure 6. Structure and Segments of Global ROVs Market
Figure 7. Primary Drivers and Impact Factors of Global ROVs Market
Figure 8. Primary Restraints and Impact Factors of Global ROVs Market
Figure 9. Porter’s Fiver Forces Analysis of Global ROVs Market
Figure 10. Breakdown of Global ROVs Market by Industry Vertical, 2016-2025, % of Capex
Figure 11. 2014-2025 Capex Growth Rates of Global Sub-markets by Industry Vertical
Figure 12. Global Market of ROVs for Oil & Gas Industry by Capex, 2014-2025, $ mn
Figure 13. Global Population, GDP and Energy Demand, 1990-2030
Figure 14. Global Oil & Gas Offshore and Deepwater Production, 1970-2020
Figure 15. Global Market of ROVs for Scientific Research by Capex, 2014-2025, $ mn
Figure 16. Global Market of ROVs for Military & Defense by Capex, 2014-2025, $ mn
Figure 17. Global Market of ROVs for Other Industry Verticals by Capex, 2014-2025, $ mn
Figure 18. Breakdown of Global ROVs Market by New Builds and Operation & Service, 2016-2025, % of Capex
Figure 19. 2014-2025 Capex Growth Rates of Global Sub-markets by New Builds and Operation & Service
Figure 20. Global ROV New Builds, 2014-2025, units
Figure 21. Global Capex of ROV New Builds, 2014-2025, $ mn
Figure 22. Global Capex of ROV Operation & Service, 2014-2025, $ mn
Figure 23. Global ROV Operation Personnel, 2014-2025
Figure 24. Global Vessel Demand (%) by Water Depth (m)., 2010-2019
Figure 25. Breakdown of Global ROV Hardware Market by Component, 2016-2025, % of Capex
Figure 26. 2014-2025 Capex Growth Rates of Global Sub-markets by Hardware Component
Figure 27. Global Market of ROV Imaging System, 2014-2025, $ mn
Figure 28. Global Market of ROV Sensors and Automation Systems, 2014-2025, $ mn
Figure 29. Global Market of ROV Steering and Positioning System, 2014-2025, $ mn
Figure 30. Global Market of ROV Navigation System, 2014-2025, $ mn
Figure 31. Global Market of ROV Energy and Propulsion System, 2014-2025, $ mn
Figure 32. Global Market of Other ROV Hardware Components, 2014-2025, $ mn
Figure 33. Breakdown of Global ROV Market by Vehicle Type, 2016-2025, % of Fleet
Figure 34. 2014-2025 Fleet Growth Rates of Global Sub-markets by Vehicle Type
Figure 35. Breakdown of Global ROV Market by Vehicle Type, 2016-2025, % of Capex
Figure 36. 2014-2025 Capex Growth Rates of Global Sub-markets by Vehicle Type
Figure 37. Work-Class ROVs by Payload (kg)
Figure 38. Global Market of Observation ROVs by Fleet, 2014-2025, units
Figure 39. Global Market of Observation ROVs by Capex, 2014-2025, $ mn
Figure 40. Example Picture of Observation ROVs
Figure 41. Summary of Observation ROVs
Figure 42. Summary of Observation ROVs with Payload Option
Figure 43. Global Market of Light Work-Class ROVs by Fleet, 2014-2025, units
Figure 44. Global Market of Light Work-Class ROVs by Capex, 2014-2025, $ mn
Figure 45. Example Picture of Light Work-Class ROVs
Figure 46. Example Picture of High Capacity Electric ROVs
Figure 47. Global Market of Medium Work-Class ROVs by Fleet, 2014-2025, units
Figure 48. Global Market of Medium Work-Class ROVs by Capex, 2014-2025, $ mn
Figure 49. Example Picture of Ultra Deep ROVs
Figure 50. Global Market of Heavy Work-Class ROVs by Fleet, 2014-2025, units
Figure 51. Global Market of Heavy Work-Class ROVs by Capex, 2014-2025, $ mn
Figure 52. Example Picture of Heavy Work-Class ROVs
Figure 53. Summary of Light, Medium and Heavy Work-Class ROVs
Figure 54. Global Market of Towed and Bottom-Crawling ROVs by Fleet, 2014-2025, units
Figure 55. Global Market of Towed and Bottom-Crawling ROVs by Capex, 2014-2025, $ mn
Figure 56. Example Picture of Towed and Bottom-Crawling ROVs
Figure 57. Breakdown of Global Work-Class ROVs Market by Application, 2016-2025, % of Capex
Figure 58. 2014-2025 Work-Class ROV Capex Growth Rates of Global Sub-markets by Application
Figure 59. Work Class ROVs by Excursion Length (m) of Tether Management Systems (TMS)
Figure 60. Global Market of Work-Class ROVs for Drilling Support by Capex, 2014-2025, $ mn
Figure 61. Global Market of Work-Class ROVs for Construction Support by Capex, 2014-2025, $ mn
Figure 62. Global Market of Work-Class ROVs for Inspection, Repair and Maintenance (IRM) by Capex, 2014-2025, $ mn
Figure 63. Global Market of Work-Class ROVs for Other Applications by Capex, 2014-2025, $ mn
Figure 64. Breakdown of Global ROV Market by Propulsion System, 2016-2025, % of Fleet
Figure 65. 2014-2025 Fleet Growth Rates of Global Sub-markets by Propulsion System
Figure 66. Breakdown of Global ROVs Market by Propulsion System, 2016-2025, % of Capex
Figure 67. 2014-2025 Capex Growth Rates of Global Sub-markets by Propulsion System
Figure 68. Global Hydraulic ROVs Market by Fleet, 2014-2025, units
Figure 69. Global Hydraulic ROVs Market by Capex, 2014-2025, $ mn
Figure 70. Global Electric ROVs Market by Fleet, 2014-2025, units
Figure 71. Global Electric ROVs Market by Capex, 2014-2025, $ mn
Figure 72. Global Hybrid ROVs Market by Fleet, 2014-2025, units
Figure 73. Global Hybrid ROVs Market by Capex, 2014-2025, $ mn
Figure 74. Geographic Spread of Worldwide ROVs Market, 2016-2025, % of Capex
Figure 75. 2016-2025 Capex Growth Rates of Main Regional Markets
Figure 76. North American ROVs Market by Capex, 2014-2025, $ mn
Figure 77. Breakdown of North America ROVs Market by Country, 2016 and 2025, % of Capex
Figure 78. 2014-2025 Capex Growth Rates of National Markets in North America
Figure 79. U.S. ROVs Market by Capex, 2014-2025, $ mn
Figure 80. Canada ROVs Market by Capex, 2014-2025, $ mn
Figure 81. European ROVs Market by Capex, 2014-2025, $ mn
Figure 82. Breakdown of European ROVs Market by Country, 2016 and 2025, % of Capex
Figure 83. 2014-2025 Capex Growth Rates of National Markets in Europe
Figure 84. ROVs Market in Norway by Capex, 2014-2025, $ mn
Figure 85. ROVs Market in UK by Capex, 2014-2025, $ mn
Figure 86. ROVs Market in Rest of Europe by Capex, 2014-2025, $ mn
Figure 87. Asia-Pacific ROVs Market by Capex, 2014-2025, $ mn
Figure 88. Breakdown of APAC ROVs Market by Country, 2016 and 2025, % of Capex
Figure 89. 2014-2025 Capex Growth Rates of National Markets in APAC
Figure 90. ROVs Market in China by Capex, 2014-2025, $ mn
Figure 91. ROVs Market in Malaysia by Capex, 2014-2025, $ mn
Figure 92. ROVs Market in Australia by Capex, 2014-2025, $ mn
Figure 93. ROVs Market in India by Capex, 2014-2025, $ mn
Figure 94. ROVs Market in Rest APAC by Capex, 2014-2025, $ mn
Figure 95. Latin America ROVs Market by Capex, 2014-2025, $ mn
Figure 96. Breakdown of Latin America ROVs Market by Country, 2016 and 2025, % of Capex
Figure 97. 2014-2025 Capex Growth Rates of National Markets in Latin America
Figure 98. ROVs Market in Argentina by Capex, 2014-2025, $ mn
Figure 99. ROVs Market in Brazil by Capex, 2014-2025, $ mn
Figure 100. ROVs Market in Mexico by Capex, 2014-2025, $ mn
Figure 101. ROVs Market in Rest of Latin America by Capex, 2014-2025, $ mn
Figure 102. Africa ROVs Market by Capex, 2014-2025, $ mn
Figure 103. Breakdown of Africa ROVs Market by Country, 2016 and 2025, % of Capex
Figure 104. 2014-2025 Capex Growth Rates of National Markets in Africa
Figure 105. ROVs Market in Nigeria by Capex, 2014-2025, $ mn
Figure 106. ROVs Market in Angola by Capex, 2014-2025, $ mn
Figure 107. Middle East ROVs Market by Capex, 2014-2025, $ mn
Figure 108. Fugro Revenue Share by Industry, %
Figure 109. Fugro Revenue Share by End-user, %