openPR Logo
Press release

Offshore AUV & ROV Market - Global Industry Analysis 2024

12-16-2016 10:50 AM CET | Energy & Environment

Press release from: TMR – Research Reports

Offshore AUV & ROV Market - Global Industry Analysis 2024

The exploration and production of oil and gas is shifting toward the subsea regions. The subsea environment remains mostly unexplored on earth, which adds to the difficulty experienced when it comes to monitoring and conducting intervention in these regions. It also raises some unique challenges as well as environmental issues. These tough environmental conditions has led to the rapid development of the remotely operated vehicles (ROV) and autonomous underwater vehicles (AUV) technology. AUVs and ROVs are used for the maintenance, repair, and inspection of offshore equipment.

ROVs are an established technology used extensively in the oil & gas industry (up to 3000 m depth) as well as by the scientific and military communities. The ROV technology improves work efficiency and reliability and creates smaller umbilicals and advancements in the launch and recovery systems. AUVs, on the other hand, are speedy and accurate.

Get Free PDF Research Brochure for more Professional and Technical Insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17456

AUV is an emerging technology for small production runs. They are unmanned submersible vehicles, independent of outside facilities or operators, and free-swimming. They have various applications in pipeline inspection, sub-sea inspection, sub-sea survey, cable inspection, sampling, oceanographic, environmental monitoring, iceberg profiling, under-ice surveys, countermeasures, underwater photography, and mine detection. For the oil & gas industry, AUVs are an effective tool for deep water mapping and survey as they exhibit better data quality and cost-effective operations.

The offshore AUV & ROV markets have been segmented by application, payload, propulsion system, product type, and region. Based on application, the market is divided into the oil and gas industry, commercial, defense, scientific research, and others sectors. ROVs are mainly used for various commercial applications, such as offshore drilling, survey and sea bed mapping, pipelining, inspection several, and cabling. The payload-based categories include sensors, synthetic aperture sonar, camera, video screen, lighting system, and others.

In terms of propulsion system, the market has been grouped into mechanical system, electric system, hybrid system, and others. Based on ROV product type, the divisions include high capacity electric vehicle, small vehicle, heavy work-class, and work-class vehicle. Based on AUV product type, they are man portable, lightweight vehicle (LWV), heavyweight vehicle (HWV), and large vehicle. Finally, in terms of region, the market is distributed over North America, Latin America, Asia Pacific, Europe, and Middle East and Africa.

The market for offshore AUV and ROV is majorly driven by factors such as the growing necessity for mapping and ocean data, threats, and maritime security. The increasing global requirement for deep water production is another important aspect, with offshore explorations in Brazil, Nigeria, Indonesia, and the Gulf of Mexico expected to rise during the forecast period. There’s also an escalating number of offshore wells in harsh environments and rising demand for energy and petro chemicals. However, an unstable oil & gas market, price constraints, and technological limitations might hampering this growth.

North America is one of the leaders of the autonomous underwater vehicle (AUV) & remotely operated vehicle (ROV) market, and is anticipated to witness further growth during the forecast period. The U.S. is a major operator, developer, and exporter of ROV & AUV across the globe. The markets in Asia Pacific, Latin America, and Africa are anticipated to expand during the forecast period. With the increasing exploration and production of deep water activities in the subsea region of South Africa, the demand of AUV and ROV for operating at such depths is bound to rise.

Browse Market Research Report with ToC & Free Analysis : http://www.transparencymarketresearch.com/offshore-auv-rov-market.html

Key players in the global offshore AUV & ROV market include Saab AB, Fugro N.V., Ocean Engineering Ltd, Kongsberg Maritime, Bluefin Robotics, Atlas Elektronik GmbH, BIRNS. INC., International Submarine Engineering, Ltd, Schilling Robotics LLC, Teledyne Technologies, Inc., and Subsea 7 S.A.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit : http://globalresearchanalysis.blogspot.in/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Offshore AUV & ROV Market - Global Industry Analysis 2024 here

News-ID: 396931 • Views: 438

More Releases from TMR – Research Reports

Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture. Another factor catalyzing growth in the global
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units. While expanding operations across emerging nations has

All 5 Releases


More Releases for ROV

Global Offshore AUV & ROV Market Research
The Global Offshore AUV & ROV Market is ready to become solid amid the estimate time frame. A portion of the conspicuous patterns that the market is seeing incorporate progressions in electrical engine innovation, flow drift in the sustainable area including the establishment of seaward breeze cultivate locales and expanding vitality utilization. Get sample copy of report : https://www.marketdensity.com/contact?ref=Sample&reportid=6261 Table of Contents 1 Offshore AUV & ROV Market Overview 1.1 Product
Global SxS (ROV) Market 2018 - John Deere, Kawasaki, Yamaha, Kubota
Apex Market Reports, recently published a detailed market research study focused on the “SxS (ROV) Market” across the global, regional and country level. The report provides 360° analysis of “SxS (ROV) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of SxS (ROV) on
United States Offshore ROV Market Develop business strategies
MarketResearchReports.Biz adds “United States Offshore ROV Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Offshore ROV and the growth estimates for the forecasted period. Remotely operated vehicles (ROVs) are a vital part of underwater activities. The offshore industry could not function without them as ROVs perform crucial installation, inspection, maintenance, and decommissioning of subsea infrastructure. Scope of the Report: This
Offshore AUV & ROV Market Trends and Key Developments 2025
In a largely consolidated and competitive global offshore AUV and ROV market dominated by well-entrenched players, technological innovation is what key vendors are vying for to steal a march on their competitors, says Transparency Market Research (TMR) in a new report. View Full Report: https://www.transparencymarketresearch.com/offshore-auv-rov-market.html Key participants in the global offshore AUV and ROV market include Subsea 7 Inc., SAAB AB, Fugro NV, Ocean Engineering Ltd., Bluefin Robotics, Atlas Electronik GmbH, Kongsberg
Offshore AUV & ROV Industry Trends and key Insights by 2024
A new research report by Transparency Market Research offers a comprehensive evaluation of the global Offshore AUV & ROV Market. The study, titled “Offshore AUV & ROV Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024”, is available for sale on the firm’s website. The exploration and production of oil and gas is shifting toward the subsea regions. The subsea environment remains mostly unexplored on earth,
Global Observation Mini ROV Market Research Report 2017
Product Description In this report, the global Observation Mini ROV market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Request Report Sample: https://goo.gl/Zn7SxL Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Observation Mini ROV in these regions,