Updated Edition Report on Doppler Velocity Logs (DVLs) Market Size & Share, Growth, Trends, and Forecast 2017 - 2025

"The Report Doppler Velocity Logs (DVLs) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

The main objective of this report is to define, describe, and forecast the global “ Doppler Velocity Logs (DVLs) ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Underwater environment is the new frontier for future major discoveries in deep and ultra-deep coastal water. Scientists and researchers require new and better sensing technology to explore these vast resources. The corrosive nature of seawater, bio-fouling, limited energy resource module, pressure resistant enclosure, and data transfer reliability limit the utilization of cable-based underwater communication platforms. Accuracy and reliability of real-time data is the key driver for the growth in demand for DVL. However, these limitations are overcome by the usage of Doppler velocity logs (DVLs). Doppler velocity logs consist of several components that are used to fulfill the demand for sonar and underwater communications in scientific explorations, commercial explorations, defense surveillances, and environmental protection. Therefore, the sensing technology for offshore applications has developed significantly in the last few years.

Doppler velocity log is a navigational solution used to monitor remotely-operated vehicles (ROV), autonomous underwater vehicles (AUV), gliders, and human-occupied vehicles. DVL components consist of a DVL device cables, and software. DVL is used in acoustic measurements tracking of underwater bottom-tracking or tracking velocity measurements. DVLs can provide updated velocities, which in turn can be used to calculate the distance traveled. Manufacturers have developed a new class of DVLs that drastically reduces its size as compared to the traditional DVLs. DVLs are integrated with vessels and other platforms such as AUV, ROV, and gliders to obtain underwater real-time data. Increase in underwater seismic survey and construction activity coupled with monitoring of existing assets are anticipated to boost the DVLs market in the near future. The Doppler velocity logs market is expanding at a significant growth rate owing to the adherence to various government norms and regulations on underwater emissions.

DVLs has a wide range of applications in the offshore oil & gas industry activities such as pre-installation survey/ baseline studies, construction & installation, drilling, production, and decommissioning phases. Navy and military use DVLs for underwater security, marine ecosystem studies, and monitoring of existing assets, among others. Exploration of deep offshore areas, for new hydrocarbon deposits, has become easier than due to advancements in the technology. Doppler velocity logs aid in exploration activities of new hydrocarbon reserves, as they provide accurate estimation of the ocean-bottom.

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The Doppler velocity logs market can be segmented based on installation, application, and region. In terms of installation, the Doppler velocity logs market can be divided into AUV, ROV, ASV, towfish, and others. Based on application, the market can be segregated into oil & gas, naval, environmental, commercial, and others.

In terms of geography, countries in Europe account for a major share of the global Doppler velocity logs market. Robust manufacturing base of DVLs in Germany, France, Spain, and the UK is expected to increase the incorporation of DVLs to efficiently utilize real-time data related to underwater statistics in the near future. In North America, especially the U.S., significant amount of unexplored oil & gas reserves lie in deep and ultra-deep ranges. Increasing concerns and challenges related to deep and ultra-deep waters to boost the demand for DVLs in North America. The U.S. houses several companies that are engaged in the manufacturing of DVLs for marine applications. The DVLs market in North America is driven by deep-water and ultra-deep water oil & gas exploration. The market also benefits from underwater environmental concerns, aquaculture, and naval activities. Demand for DVLs is expected to increase at a moderate rate in Middle East & Africa during the forecast period. However, the demand for DVLs in South Africa is growing at a considerable pace due to the year-on-year growth in offshore exploration activities. Asia Pacific has a large number of small-scale and large-scale underwater instrumentation providers. However, Middle-east & Africa has several countries that are politically instable. This has resulted in less investment growth in offshore activities.

Key manufacturers and suppliers operating in the Doppler velocity logs market include Teledyne RD Instruments USA, NortekUSA, Honeywell International, SonTek, Eiva, RS Aqua, etc.

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.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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