Offshore ROV Market by Type (Observation, Work, and Intervention), by Top Companies, Business Growth, Key Applications, Demand, Size, Global Forecast to 2023
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The offshore ROV market is estimated to be USD 802.9 million in 2018 and is projected to reach USD 943.1million by 2023, at a CAGR of 3.27% from 2018 to 2023.Rise in the demand for oil & gas is the key factor driving the offshore ROV market.
The leading players in the offshore ROV market include Oceaneering (US), Subsea 7 (UK), Fugro (Netherlands), TechnipFMC (UK), Saipem (Italy), Forum (US), DOF (Norway), ECA (France), Deep Ocean Group (Norway), ISE (Canada), Deep Ocean Engineering (US), and AC-CESS (Scotland).
The report defines, describes, and forecasts the global offshore ROV market by type, depth, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the offshore ROV market.
Why buy this report?
The report identifies and addresses key markets for offshore ROV, which would help manufacturers review the growth in demand.
The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
The distribution of primary interviews is as follows:
By Company Type: Tier 1- 35%, Tier 2- 45%, Tier 3- 20%
By Designation: C-Level- 35%, Manager-Level- 25%, and Others- 40%
By Region: North America - 45%, Europe - 20%, Asia Pacific - 27%, Middle East & Africa - 5%, and South America - 3%
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Table of Contents
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
22.214.171.124 Key Data From Secondary Sources
2.1.2 Primary Data
126.96.36.199 Key Data From Primary Sources
188.8.131.52 Key Industry Insights
184.108.40.206 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Offshore ROV Market
4.2 Market, By Type/Class
4.3 Market, By Application
4.4 Market, By Depth
4.5 Middle East & Africa: Market, By Country & Type/Class
4.6 Market, By Country
5 Market Overview
220.127.116.11 Offshore Oil & Gas Discoveries in Prominent Countries
18.104.22.168 Rise in Demand for Oil & Gas
22.214.171.124 Capital-Intensive Market
126.96.36.199 Arctic Discoveries
188.8.131.52 High Operational Risk
184.108.40.206 Lack of Technical Expertise
5.2 Recent Trends
5.2.1 Automated ROV/Smart ROV
6 Offshore ROV Market, By Type/Class
6.2 Observation Class
6.3 Work Class
6.4 Intervention/Inspection Class
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