Global Offshore AUV & ROV Market, By Product Type (AUV, ROV), By Propulsion System (Hybrid System, Electric System, Mechanical System), By Depth (Less Than 5,000 Feet, 5,000–10,000 Feet, Above 10,000 Feet), By Application (Drilling & Well Completion Support, Construction Support, Inspection, Repair & Maintenance Service, Subsea Engineering Services & Remote Subsea Intervention Tooling Design), By End User (Oil & Gas, Defense, Commercial, Scientific Research) By Region, Competition Forecast & Opportunities, 2016-2026
Global offshore AUV & ROV market was valued USD 3.53 Billion in 2020 and is expected to grow at an impressive rate of 11.48% CAGR during 2021-2026.The global offshore AUV & ROV market is driven by the increasing offshore oil & gas discoveries in different countries across the globe. Additionally, these AUVs & ROVs help in detecting submerged rocks and obstructions and raise alarms & alerts. As a result of this they are highly preferred and used in the navigational system of marine vehicles. However, this is quite capital intensive and requires huge investment thereby restricting the market growth during the forecast period.
The exceptional services offered by autonomous underwater vehicle (AUV) as well as remotely operated vehicles (ROV) have created a huge demand across the world. The excessive use of fossil fuels has led to an increasing adoption of AUV and ROV among end users across the world. The constantly rising demand for hydrocarbons has encouraged companies to focus on offshore drilling activities, to enhance green energy. The role of AUVs in studying seafloors before construction of subs-seas infrastructure has fueled the demand for AUVs in recent years. Additionally, the incorporation of technologies such as intelligent control systems and sensor-based steering will contribute to an increase in the demand for AUVs and ROVs across the world. The report encompasses several factors that have constituted an increase in the global offshore AUV and ROV market.
The global offshore AUV & ROV market is segmented based on product type, propulsion system, depth, application, end user, company, and region. Based on propulsion system, the market can be categorized into hybrid system, electric system, mechanical system. The electric system is expected to dominate the market during the forecast period on account of associated advantages such as low weight, versatility, small & compact size, reliability, low noise, among others.
Regionally, the offshore AUV & ROV market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall offshore AUV & ROV market owing to the increasing oil & gas projects especially in the U.S. and Mexico.
The major players operating in the offshore AUV & ROV market are Oceaneering International, Inc, Fugro NV, DOF Subsea AS, Subsea 7, Inc, Helix Energy Solutions Group Inc, Atlas Electronik GmbH, Kongsberg Maritime AS, Deep Ocean Group, Saipem S.p.A, Teledyne Technologies Inc. and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026.
Objective of the Study:
- To analyze historical growth in market size of Global Offshore AUV & ROV Market from 2016 to 2020.
- To estimate and forecast the market size of Global Offshore AUV & ROV Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast global offshore AUV & ROV market based on product type, propulsion system, depth, application, end user, company, and regional distribution.
- To identify dominant region or segment in the global offshore AUV & ROV market.
- To identify drivers and challenges for global offshore AUV & ROV market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global offshore AUV & ROV market.
- To identify and analyze the profiles of leading players operating in global offshore AUV & ROV market.
- To identify key sustainable strategies adopted by market players in global offshore AUV & ROV market.
TechSci Research calculated the market size of Global Offshore ROV &AUV Market using a Top-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Offshore AUV & ROV manufacturers/ suppliers/ distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers.
- Organizations, forums, and alliances related to offshore AUV & ROV.
Report Scope:
In this report, Global Offshore AUV & ROV Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Offshore AUV & ROV Market, By Product Type:
- AUV
- Man Portable
- Large Vehicle
- Light Weight Vehicle (LWV)
- Heavy Weight Vehicle (HWV)
- ROV
- Small Vehicle
- Work-Class Vehicle
- Heavy Work-Class Vehicle
- High-Capacity Electric Vehicle
- Global Offshore AUV & ROV Market, By Propulsion System:
- Hybrid System
- Electric System
- Mechanical System
- Global Offshore AUV & ROV Market, By Depth:
- Less Than 5,000 Feet
- 5,000–10,000 Feet
- Above 10,000 Feet
- Global Offshore AUV & ROV Market, By Application:
- Drilling & Well Completion Support
- Construction Support
- Inspection
- Repair & Maintenance Service
- Subsea Engineering Services & Remote Subsea Intervention Tooling Design
- Global Offshore AUV & ROV Market, By End User:
- Oil & Gas
- Defense
- Commercial
- Scientific Research
- Global Offshore AUV & ROV Market, By Region:
- North America
- Europe
- Asia Pacific
- South America
- MEA
Company Profiles: Detailed analysis of the major companies present in Global Offshore AUV & ROV Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
- 1. Product Overview
- 2. Research Methodology
- 3. Impact of COVID-19 on Global Offshore AUV & ROV Market
- 4. Executive Summary
- 5. Voice of Customer
- 5.1. Brand Awareness
- 5.2. Brand Satisfaction
- 5.3. Factors Affecting the purchase decision of offshore AUV & ROV.
- 6. Global Offshore AUV & ROV Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type (AUV (Man Portable, Large Vehicle, Light Weight Vehicle (LWV), Heavy Weight Vehicle (HWV)), ROV (Small Vehicle, Work-Class Vehicle, Heavy Work-Class Vehicle, High-Capacity Electric Vehicle))
- 6.2.2. By Propulsion System (Hybrid System, Electric System, Mechanical System)
- 6.2.3. By Depth (Less Than 5,000 Feet, 5,000–10,000 Feet, Above 10,000 Feet)
- 6.2.4. By Application (Drilling & Well Completion Support, Construction Support, Inspection, Repair & Maintenance Service, Subsea Engineering Services & Remote Subsea Intervention Tooling Design)
- 6.2.5. By End User (Oil & Gas, Defense, Commercial, Scientific Research)
- 6.2.6. By Region (North America, APAC, Europe, MEA and South America)
- 6.2.7. By Company, 2020
- 6.3. Product Market Map
- 7. Asia-Pacific Offshore AUV & ROV Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Product Type (AUV (Man Portable, Large Vehicle, Light Weight Vehicle (LWV), Heavy Weight Vehicle (HWV)), ROV (Small Vehicle, Work-Class Vehicle, Heavy Work-Class Vehicle, High-Capacity Electric Vehicle))
- 7.1.2. By Propulsion System (Hybrid System, Electric System, Mechanical System)
- 7.1.3. By Depth (Less Than 5,000 Feet, 5,000–10,000 Feet, Above 10,000 Feet)
- 7.1.4. By Application (Drilling & Well Completion Support, Construction Support, Inspection, Repair & Maintenance Service, Subsea Engineering Services & Remote Subsea Intervention Tooling Design)
- 7.1.5. By End User (Oil & Gas, Defence, Commercial, Scientific Research)
- 7.1.6. By Country (China, India, Japan, South Korea, Rest of APAC)
- 7.2. Product Market Map
- 7.3. Asia-Pacific Offshore ROV & AUV Market Regional Analysis
- 7.3.1. China Offshore ROV & AUV Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.1.1. By Value
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Product Type
- 7.3.1.2.2. By Propulsion System
- 7.3.1.2.3. By Depth
- 7.3.1.2.4. By Application
- 7.3.1.2.5. By End User
- 7.3.2. Japan Offshore ROV & AUV Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.1.1. By Value
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Product Type
- 7.3.2.2.2. By Propulsion System
- 7.3.2.2.3. By Depth
- 7.3.2.2.4. By Application
- 7.3.2.2.5. By End User
- 7.3.3. South Korea Offshore ROV & AUV Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.1.1. By Value
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Product Type
- 7.3.3.2.2. By Propulsion System
- 7.3.3.2.3. By Depth
- 7.3.3.2.4. By Application
- 7.3.3.2.5. By End User
- 7.3.4. India Offshore ROV & AUV Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.1.1. By Value
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Product Type
- 7.3.4.2.2. By Propulsion System
- 7.3.4.2.3. By Depth
- 7.3.4.2.4. By Application
- 7.3.4.2.5. By End User
- 8. Europe Offshore ROV & AUV Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Product Type (AUV (Man Portable, Large Vehicle, Light Weight Vehicle (LWV), Heavy Weight Vehicle (HWV)), ROV (Small Vehicle, Work-Class Vehicle, Heavy Work-Class Vehicle, High-Capacity Electric Vehicle))
- 8.1.2. By Propulsion System (Hybrid System, Electric System, Mechanical System)
- 8.1.3. By Depth: (Less Than 5,000 Feet, 5,000–10,000 Feet, Above 10,000 Feet)
- 8.1.4. By Application (Drilling & Well Completion Support, Construction Support, Inspection, Repair & Maintenance Service, Subsea Engineering Services & Remote Subsea Intervention Tooling Design)
- 8.1.5. By End User (Oil & Gas, defence, Commercial, Scientific Research)
- 8.1.6. By Country (Germany, Italy, United Kingdom, France, Spain, Rest of Europe)
- 8.2. Product Market Map
- 8.3. Europe Offshore ROV & AUV Market Regional Analysis
- 8.3.1. Germany Offshore ROV & AUV Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.1.1. By Value
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Product Type
- 8.3.1.2.2. By Propulsion System
- 8.3.1.2.3. By Depth
- 8.3.1.2.4. By Application
- 8.3.1.2.5. By End User
- 8.3.2. United Kingdom Offshore ROV & AUV Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.1.1. By Value
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Product Type
- 8.3.2.2.2. By Propulsion System
- 8.3.2.2.3. By Depth
- 8.3.2.2.4. By Application
- 8.3.2.2.5. By End User
- 8.3.3. France Offshore ROV & AUV Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.1.1. By Value
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Product Type
- 8.3.3.2.2. By Propulsion System
- 8.3.3.2.3. By Depth
- 8.3.3.2.4. By Application
- 8.3.3.2.5. By End User
- 8.3.4. Spain Offshore ROV & AUV Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.1.1. By Value
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Product Type
- 8.3.4.2.2. By Propulsion System
- 8.3.4.2.3. By Depth
- 8.3.4.2.4. By Application
- 8.3.4.2.5. By End User
- 8.3.5. Italy Offshore ROV & AUV Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.1.1. By Value
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Product Type
- 8.3.5.2.2. By Propulsion System
- 8.3.5.2.3. By Depth
- 8.3.5.2.4. By Application
- 8.3.5.2.5. By End User
- 9. North America Offshore ROV & AUV Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Product Type (AUV (Man Portable, Large Vehicle, Light Weight Vehicle (LWV), Heavy Weight Vehicle (HWV)), ROV (Small Vehicle, Work-Class Vehicle, Heavy Work-Class Vehicle, High-Capacity Electric Vehicle))
- 9.1.2. By Propulsion System (Hybrid System, Electric System, Mechanical System)
- 9.1.3. By Depth: (Less Than 5,000 Feet, 5,000–10,000 Feet, Above 10,000 Feet)
- 9.1.4. By Application (Drilling & Well Completion Support, Construction Support, Inspection, Repair & Maintenance Service, Subsea Engineering Services & Remote Subsea Intervention Tooling Design)
- 9.1.5. By End User (Oil & Gas, Defence, Commercial, Scientific Research)
- 9.1.6. By Country (USA, Canada, Mexico)
- 9.2. Product Market Map
- 9.3. North Offshore ROV & AUV Market Regional Analysis
- 9.3.1. United States Offshore ROV & AUV Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.1.1. By Value
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Product Type
- 9.3.1.2.2. By Propulsion System
- 9.3.1.2.3. By Depth
- 9.3.1.2.4. By Application
- 9.3.1.2.5. By End User
- 9.3.2. Canada Offshore ROV & AUV Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.1.1. By Value
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Product Type
- 9.3.2.2.2. By Propulsion System
- 9.3.2.2.3. By Depth
- 9.3.2.2.4. By Application
- 9.3.2.2.5. By End User
- 9.3.3. Mexico Offshore ROV & AUV Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.1.1. By Value
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Product Type
- 9.3.3.2.2. By Propulsion System
- 9.3.3.2.3. By Depth
- 9.3.3.2.4. By Application
- 9.3.3.2.5. By End User
- 10. Middle East & Africa Offshore ROV & AUV Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Product Type (AUV (Man Portable, Large Vehicle, Light Weight Vehicle (LWV), Heavy Weight Vehicle (HWV)), ROV (Small Vehicle, Work-Class Vehicle, Heavy Work-Class Vehicle, High-Capacity Electric Vehicle))
- 10.1.2. By Propulsion System (Hybrid System, Electric System, Mechanical System)
- 10.1.3. By Depth (Less Than 5,000 Feet, 5,000–10,000 Feet, Above 10,000 Feet)
- 10.1.4. By Application (Drilling & Well Completion Support, Construction Support, Inspection, Repair & Maintenance Service, Subsea Engineering Services & Remote Subsea Intervention Tooling Design)
- 10.1.5. By End User (Oil & Gas, Defense, Commercial, Scientific Research)
- 10.1.6. By Country (Saudi Arabia, UAE, South Africa, Rest of MEA)
- 10.2. Product Market Map
- 10.3. Middle East & Africa Offshore ROV & AUV Market Regional Analysis
- 10.3.1. Saudi Arabia Offshore ROV & AUV Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.1.1. By Value
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Product Type
- 10.3.1.2.2. By Propulsion System
- 10.3.1.2.3. By Depth
- 10.3.1.2.4. By Application
- 10.3.1.2.5. By End User
- 10.3.2. South Africa Offshore ROV & AUV Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.1.1. By Value
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Product Type
- 10.3.2.2.2. By Propulsion System
- 10.3.2.2.3. By Depth
- 10.3.2.2.4. By Application
- 10.3.2.2.5. By End User
- 10.3.3. UAE Offshore ROV & AUV Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.1.1. By Value
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Product Type
- 10.3.3.2.2. By Propulsion System
- 10.3.3.2.3. By Depth
- 10.3.3.2.4. By Application
- 10.3.3.2.5. By End User
- 11. South America Offshore ROV & AUV Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Product Type (AUV (Man Portable, Large Vehicle, Light Weight Vehicle (LWV), Heavy Weight Vehicle (HWV)), ROV (Small Vehicle, Work-Class Vehicle, Heavy Work-Class Vehicle, High-Capacity Electric Vehicle))
- 11.1.2. By Propulsion System (Hybrid System, Electric System, Mechanical System)
- 11.1.3. By Depth: (Less Than 5,000 Feet, 5,000–10,000 Feet, Above 10,000 Feet)
- 11.1.4. By Application (Drilling & Well Completion Support, Construction Support, Inspection, Repair & Maintenance Service, Subsea Engineering Services & Remote Subsea Intervention Tooling Design)
- 11.1.5. By End User (Oil & Gas, Defense, Commercial, Scientific Research)
- 11.1.6. By Country (Brazil, Argentina, Colombia )
- 11.1.8. By Product Market Map
- 11.2. South America Offshore ROV & AUV Market Regional Analysis
- 11.2.1. Brazil Offshore ROV & AUV Market Outlook
- 11.2.1.1. Market Size & Forecast
- 11.2.1.1.1. By Value
- 11.2.1.2. Market Share & Forecast
- 11.2.1.2.1. By Product Type
- 11.2.1.2.2. By Propulsion System
- 11.2.1.2.3. By Depth
- 11.2.1.2.4. By Application
- 11.2.1.2.5. By End User
- 11.2.2. Argentina Offshore ROV & AUV Market Outlook
- 11.2.2.1. Market Size & Forecast
- 11.2.2.1.1. By Value
- 11.2.2.2. Market Share & Forecast
- 11.2.2.2.1. By Product Type
- 11.2.2.2.2. By Propulsion System
- 11.2.2.2.3. By Depth
- 11.2.2.2.4. By Application
- 11.2.2.2.5. By End User
- 11.2.3. Colombia Offshore ROV & AUV Market Outlook
- 11.2.3.1. Market Size & Forecast
- 11.2.3.1.1. By Value
- 11.2.3.2. Market Share & Forecast
- 11.2.3.2.1. By Product Type
- 11.2.3.2.2. By Propulsion System
- 11.2.3.2.3. By Depth
- 11.2.3.2.4. By Application
- 11.2.3.2.5. By End User
- 12. Market Dynamics
- 12.1. Drivers
- 12.2. Challenges
- 13. Market Trends & Developments
- 14. Competitive Landscape
- 14.1. Company Profiles
- 14.1.1. Oceaneering International, Inc
- 14.1.2. Fugro NV
- 14.1.3. DOF Subsea AS
- 14.1.4. Subsea 7, Inc
- 14.1.5. Helix Energy Solutions Group Inc
- 14.1.6. Atlas Electronik GmbH
- 14.1.7. Kongsberg Maritime AS
- 14.1.8. Deep Ocean Group
- 14.1.9. Saipem S.p.A
- 14.1.10. Teledyne Technologies Inc.
- 15. Strategic Recommendations
- 16. About Us & Disclaimer
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