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

September 2023 | 128 pages | ID: UB8C095771A3EN
GMD Research

Abstracts

Europe unmanned underwater vehicles (UUVs) for oil & gas market was valued at $333.5 million in 2022 and will grow by 8.1% annually over 2022-2032, driven by the increasing demand for energy, growing offshore exploration and oil & gas production, and the technological advancement of UUVs.

Highlighted with 39 tables and 63 figures, this 128-page report “Unmanned Underwater Vehicles (UUVs) for Oil & Gas Industry: Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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:

• Germany
• UK
• France
• Spain
• Norway
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Italy, Denmark, and Finland)

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 EUROPE 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 EUROPE 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 EUROPE 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 EUROPEAN MARKET 2022-2032 BY COUNTRY 89

6.1 Overview of European Market 89
6.2 Germany 92
6.3 U.K. 94
6.4 France 96
6.5 Spain 98
6.6 Norway 100
6.7 Russia 102
6.8 Rest of European Market 104

7 COMPETITIVE LANDSCAPE 106

7.1 Overview of Key Vendors 106
7.2 New Product Launch, Partnership, Investment, and M&A 110
7.3 Company Profiles 111
Andrews Survey 111
C-Innovation 113
DOF Subsea AS 114
Forum Energy Technologies 115
Fugro Subsea Services Ltd. 116
Hallin Marine Subsea International PLC 117
Helix Energy Solutions 118
i-Tech (Subsea 7) 119
Kongsberg Gruppen ASA 120
Kystdesign AS 121
Oceaneering International, Inc. 122
Perry Slingsby Systems Limited 123
SAAB SEAEYE LTD. 124
Saipem (Sonsub) 125
Schilling Robotics, LLC 126
Soil Machine Dynamics Ltd. (SMD) 127
RELATED REPORTS 128

List Of Tables

LIST OF TABLES:

Table 1. Snapshot of Europe 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 Europe Oil & Gas UUVs Market 38
Table 6. Europe Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 46
Table 7. Europe Oil & Gas UUVs Market by Vehicle Type (Fleet in Operation), 2022-2032, units 48
Table 8. Europe Oil & Gas UUVs Market: ROVs by Type, 2022-2032, $ mn 50
Table 9. Classifications of ROVs by Type 51
Table 10. Europe Oil & Gas UUVs Market: AUVs by Type, 2022-2032, $ mn 63
Table 11. Europe Oil & Gas UUVs Market by Component, 2022-2032, $ mn 67
Table 12. Europe Oil & Gas UUVs Market: Hardware by Type, 2022-2032, $ mn 70
Table 13. Europe Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 80
Table 14. Europe Oil & Gas UUVs Market by Propulsion (Fleet in Operation), 2022-2032, units 82
Table 15. Europe Oil & Gas UUVs Market by Country, 2022-2032, $ mn 91
Table 16. Germany Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 93
Table 17. Germany Oil & Gas UUVs Market by Component, 2022-2032, $ mn 93
Table 18. Germany Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 93
Table 19. U.K. Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 95
Table 20. U.K. Oil & Gas UUVs Market by Component, 2022-2032, $ mn 95
Table 21. U.K. Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 95
Table 22. France Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 97
Table 23. France Oil & Gas UUVs Market by Component, 2022-2032, $ mn 97
Table 24. France Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 97
Table 25. Spain Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 99
Table 26. Spain Oil & Gas UUVs Market by Component, 2022-2032, $ mn 99
Table 27. Spain Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 99
Table 28. Norway Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 101
Table 29. Norway Oil & Gas UUVs Market by Component, 2022-2032, $ mn 101
Table 30. Norway Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 101
Table 31. Russia Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 103
Table 32. Russia Oil & Gas UUVs Market by Component, 2022-2032, $ mn 103
Table 33. Russia Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 103
Table 34. Oil & Gas UUVs Market in Rest of Europe by Country, 2022-2032, $ mn 105
Table 35. Market Share of World Work-Class ROVs by Manufacturer, % Capex 108
Table 36. Market Share of World Work-Class ROVs by Operator, %Capex 108
Table 37. Andrews Survey: Company Snapshot 111
Table 38. Andrews Survey: Business Segmentation 112
Table 39. Andrews Survey: Product Portfolio 112

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. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17
Figure 4. Europe Oil & Gas UUVs Market by Sales Revenue, 2022-2032, $ mn 19
Figure 5. Europe 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 Europe 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 Europe Oil & Gas UUVs Market 35
Figure 11. Investment Opportunity Analysis 39
Figure 12. Porter’s Fiver Forces Analysis of Europe Oil & Gas UUVs Market 42
Figure 13. Breakdown of Europe Oil & Gas UUVs Market by Vehicle Type, 2022-2032, % of Revenue 47
Figure 14. Europe Addressable Market Cap in 2023-2032 by Vehicle Type, Value ($ mn) and Share (%) 47
Figure 15. Breakdown of Europe Oil & Gas UUVs Market by Vehicle Type, 2022-2032, % of Fleet in Operation 48
Figure 16. Europe Oil & Gas UUVs Market by Vehicle Type: ROVs, 2022-2032, $ mn 49
Figure 17. Europe 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. Europe Oil & Gas UUVs Market by ROVs: Observation Vehicle, 2022-2032, $ mn 53
Figure 20. Example Picture of Light Work-Class ROVs 54
Figure 21. Europe 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. Europe 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. Europe 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. Europe Oil & Gas UUVs Market by ROVs: Towed and Bottom-Crawling Vehicle, 2022-2032, $ mn 61
Figure 28. Europe Oil & Gas UUVs Market by Vehicle Type: AUVs, 2022-2032, $ mn 62
Figure 29. Europe Oil & Gas UUVs Market by Vehicle Type (Fleet in Operation): AUVs, 2022-2032, units 63
Figure 30. Europe Oil & Gas UUVs Market by AUVs: Shallow AUVs, 2022-2032, $ mn 64
Figure 31. Europe Oil & Gas UUVs Market by AUVs: Medium AUVs, 2022-2032, $ mn 65
Figure 32. Europe Oil & Gas UUVs Market by AUVs: Large AUVs, 2022-2032, $ mn 66
Figure 33. Breakdown of Europe Oil & Gas UUVs Market by Component, 2022-2032, % of Sales Revenue 68
Figure 34. Europe Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 68
Figure 35. Europe Oil & Gas UUVs Market by Component: Hardware, 2022-2032, $ mn 69
Figure 36. Europe Oil & Gas UUVs Market by Hardware: Imaging, 2022-2032, $ mn 71
Figure 37. Europe Oil & Gas UUVs Market by Hardware: Sensors and Automation, 2022-2032, $ mn 72
Figure 38. Europe Oil & Gas UUVs Market by Hardware: Steering and Positioning, 2022-2032, $ mn 73
Figure 39. Europe Oil & Gas UUVs Market by Hardware: Navigation, 2022-2032, $ mn 74
Figure 40. Europe Oil & Gas UUVs Market by Hardware: Energy and Propulsion, 2022-2032, $ mn 75
Figure 41. Europe Oil & Gas UUVs Market by Hardware: Communication, 2022-2032, $ mn 76
Figure 42. Europe Oil & Gas UUVs Market by Hardware: Other Hardware, 2022-2032, $ mn 77
Figure 43. Europe Oil & Gas UUVs Market by Component: Software, 2022-2032, $ mn 78
Figure 44. Europe Oil & Gas UUVs Market by Component: Operation and Service, 2022-2032, $ mn 79
Figure 45. Breakdown of Europe Oil & Gas UUVs Market by Propulsion, 2022-2032, % of Sales Revenue 81
Figure 46. Europe Addressable Market Cap in 2023-2032 by Propulsion, Value ($ mn) and Share (%) 81
Figure 47. Breakdown of Europe Oil & Gas UUVs Market by Propulsion, 2022-2032, % of Fleet in Operation 82
Figure 48. Europe Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Electric System, 2022-2032, $ mn 83
Figure 49. Europe Oil & Gas UUVs Market by Propulsion: Electric System, 2022-2032, units 84
Figure 50. Europe Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Mechanical System, 2022-2032, $ mn 85
Figure 51. Europe Oil & Gas UUVs Market by Propulsion: Mechanical System, 2022-2032, units 86
Figure 52. Europe Oil & Gas UUVs Market by Propulsion: Other Propulsion Systems, 2022-2032, $ mn 87
Figure 53. Europe Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Other Propulsion Systems, 2022-2032, units 88
Figure 54. Breakdown of European Oil & Gas UUVs Market by Country, 2022 and 2032, % of Revenue 90
Figure 55. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 91
Figure 56. Oil & Gas UUVs Market in Germany, 2022-2032, $ mn 92
Figure 57. Oil & Gas UUVs Market in U.K., 2022-2032, $ mn 94
Figure 58. Oil & Gas UUVs Market in France, 2022-2032, $ mn 96
Figure 59. Oil & Gas UUVs Market in Spain, 2022-2032, $ mn 98
Figure 60. Oil & Gas UUVs Market in Norway, 2022-2032, $ mn 100
Figure 61. Oil & Gas UUVs Market in Russia, 2022-2032, $ mn 102
Figure 62. Oil & Gas UUVs Market in Rest of Europe, 2022-2032, $ mn 104
Figure 63. Growth Stage of Europe Oil & Gas UUVs Industry over the Forecast Period 106