Shopping Cart 0
Cart Subtotal
AED 0

Global Work Class ROVs Market 2017-2025 by Industry Vertical, Application, Hardware Component, Vehicle Type, Propulsion System and Region

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option: Yes
Copy Option: No
Deliverable Format : PDF Via Email

Single User License
AED 12111

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option: Yes
Copy Option: No
Deliverable Format : PDF Via Email

Site License
AED 17983

Multiple Users within the Company/ Enterprise
Print Option: Yes
Copy Option: Yes
Deliverable Format : Excel, PDF Via Email

Corporate User License
AED 24222

Details

Work-class remotely operated vehicles (ROVs) are large enough unmanned underwater vehicles to carry additional sensors and/or manipulators. These vehicles commonly have a multiplexing capability that allows additional sensors and tools to operate without being 'hard-wired' through the umbilical system. These ROVs are generally larger and more powerful than observation mini ROVs. The evolution of ROV technology has resulted in the ever-growing application of work class ROVs in oil & gas industry, military/defense, scientific research and other sectors. Global total Capex (capital expenditure) of work class ROVs in 2025 will advance to USD XXX billion, registering a CAGR of 9.3% between 2016 and 2025. This represents a cumulative Capex of USD XXX billion during 2017-2025 owing to a substantial adoption of work class ROVs for drilling support, construction support, as well as inspection, repair and maintenance (IRM) activities across the globe.

Highlighted with 47 tables and 102 figures, this 189-page report Global Work Class ROVs Market 2017-2025 by Industry Vertical, Application, Hardware Component, Vehicle Type, Propulsion System and Region is based on a comprehensive research of worldwide work class ROVs market by analyzing the entire global 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 provides historical market data for 2014 and 2015, revenue estimates for 2016, and forecasts from 2017 till 2025.

In-depth qualitative analyses include identification and investigation of the following aspects:

o Market Structure

o Growth Drivers

o Restraints and Challenges

o Emerging Product Trends & Market Opportunities

o Porter's Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global work class ROVs market in every aspect of the classification from perspectives of industry vertical, new built and operation/service, hardware component, vehicle type, application, propulsion system and region.

Based on industry vertical, the global work class ROV market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.

o Oil & Gas Industry

o Scientific Research

o Military & Defense

o Others

Based on capex source, the global market is analyzed on the following segments with annual capex in 2014-2025 provided for each segment.

o ROV New Builds

o ROV Operation & Service

Based on hardware component, the global work class ROV hardware market is divided and analyzed on the following segments in terms of capex for 2014-2025.

o Imaging System

o Sensors and Automation Systems

o Steering and Positioning

o Navigation System

o Energy and Propulsion

o Others

Based on vehicle type, the global work class ROV market is split and analyzed on the following sections in terms of annual capex and fleet in operation for 2014-2025.

o Light Work Class Vehicle

o Medium Work Class Vehicle

o Heavy Work Class Vehicle

Based on application, the global work-class ROV market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.

o Drilling Support

o Construction Support

o Inspection, Repair and Maintenance (IRM)

o Others

Based on propulsion system, the global market is segmented into the following sections and analyzed in terms of annual capex and operational fleet for 2014-2025.

o Hydraulic system

o Electric system

o Others

Geographically, the following regions together with the listed national markets are fully investigated:

o APAC (China, Malaysia, Australia, India, and Rest of APAC)

o Europe (Norway, UK, Rest of Europe)

o North America (U.S. and Canada)

o Latin America (Argentina, Brazil, Mexico, Rest of Latin America)

o Africa (Nigeria, Angola)

o Middle East

For each of the aforementioned regions and countries, detailed analysis and data for annual capex are available for 2014-2025. The breakdown of all regional markets and national markets by industry vertical and vehicle type over the forecast years is included.

The report also covers current competitive scenario and the predicted manufacture trend; and profiles global work class ROV vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global work class ROVs market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

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)

Kystdesign AS

Oceaneering International, Inc.

Perry Slingsby Systems Limited

SAAB SEAEYE LTD.

Saipem (Sonsub)

Schilling Robotics, LLC

Soil Machine Dynamics Ltd (SMD)

READ MORE

Table Of Content

Scope

Table of Contents

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 9

1.2 Research Methodology 10

1.2.1 Overview of Market Research Methodology 10

1.2.2 Market Assumption 11

1.2.3 Secondary Data 11

1.2.4 Primary Data 11

1.2.5 Data Filtration and Model Design 12

1.2.6 Market Size/Share Estimation 13

1.2.7 Research Limitations 14

1.3 Executive Summary 15

2 Market Overview and Qualitative Analysis 17

2.1 Market Size and Forecast 17

2.2 Market Structure 19

2.3 Major Growth Drivers 20

2.4 Market Restraints and Challenges 23

2.5 Emerging Opportunities and Market Trends 26

2.6 Porter's Fiver Forces Analysis 29

3 Analysis of Global Market by Industry Vertical 33

3.1 Market Overview by Industry Vertical 33

3.2 Work Class ROVs for Oil & Gas Industry: Global Market 2014-2025 35

3.3 Work Class ROVs for Scientific Research: Global Market 2014-2025 38

3.4 Work Class ROVs for Military & Defense: Global Market 2014-2025 41

3.5 Work Class ROVs for Other Industry Verticals: Global Market 2014-2025 44

4 Analysis of Global Market by New Builds and Operation & Service 46

4.1 Market Overview by New Builds and Operation & Service 46

4.2 Work Class ROV New Builds 48

4.3 Work Class ROV Operation & Service 50

5 Analysis of Global Market by Hardware Component 53

5.1 Market Overview by Hardware Component 53

5.2 Imaging System 55

5.3 Sensors and Automation Systems 57

5.4 Steering and Positioning 58

5.5 Navigation System 59

5.6 Energy and Propulsion 60

5.7 Other Hardware Components 61

6 Analysis of Global Market by Vehicle Type 62

6.1 Market Overview by Vehicle Type 62

6.2 Light Work-Class Vehicle 67

6.4 Medium Work-Class Vehicle 70

6.5 Heavy Work-Class Vehicle 73

7 Analysis of Global Market by Application 77

7.1 Market Overview by Application 77

7.2 Drilling Support 81

7.3 Construction Support 83

7.4 Inspection, Repair and Maintenance (IRM) 85

7.5 Other Applications 87

8 Analysis of Global Market by Propulsion System 89

8.1 Market Overview by Propulsion System 89

8.2 Hydraulic System 92

8.3 Electric System 94

8.4 Other Systems 98

9 Analysis of Global Market by Region 100

9.1 Geographic Market Overview by Region 2016-2025 100

9.2 North America Market 2014-2025 104

9.2.1 Overview of North America Market 104

9.2.2 U.S. Market 107

9.2.3 Canadian Market 109

9.3 European Market 2014-2025 111

9.3.1 Overview of European Market 111

9.3.2 Norway 114

9.3.3 UK 116

9.3.4 Rest of European Market 118

9.4 Asia-Pacific Market 2014-2025 119

9.4.1 Overview of Asia-Pacific Market 119

9.4.2 China 123

9.4.3 Malaysia 125

9.4.4 Australia 127

9.4.5 India 129

9.4.6 Rest of APAC Region 131

9.5 Latin America Market 2014-2025 132

9.5.1 Argentina 135

9.5.2 Brazil 137

9.5.3 Mexico 140

9.5.4 Rest of Latin America Market 142

9.6 Africa Market 2014-2025 143

9.6.1 Nigeria 146

9.6.2 Angola 148

9.6.3 Rest of Africa Market 150

9.7 Middle East Market 2014-2025 151

10 Competitive Landscape 152

10.1 Overview of Global Vendors 152

10.2 Company Profiles 157

11 Investing in Global Market: Risk Assessment and Management 183

11.1 Risk Evaluation of Global Market 183

11.2 Critical Success Factors (CSFs) 186

RELATED REPORTS AND PRODUCTS 189


List Of Figure

List of Figures:

Figure 1. Research Method Flow Chart 10

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13

Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2014-2025 15

Figure 4. Global Work Class ROVs Market by Capex, 2014-2025, USD mn 17

Figure 5. Global Work Class ROVs Market by Fleet, 2014-2025, units 17

Figure 6. Structure and Segments of Global Work Class ROVs Market 19

Figure 7. Primary Drivers and Impact Factors of Global Work Class ROVs Market 20

Figure 8. Primary Restraints and Impact Factors of Global Work Class ROVs Market 23

Figure 9. Porter's Fiver Forces Analysis of Global Work Class ROVs Market 29

Figure 10. Breakdown of Global Work Class ROVs Market by Industry Vertical, 2016-2025, % of Capex 34

Figure 11. 2014-2025 Capex Growth Rates of Global Sub-markets by Industry Vertical 34

Figure 12. Global Market of Work Class ROVs for Oil & Gas Industry by Capex, 2014-2025, USD mn 36

Figure 13. Global Population, GDP and Energy Demand, 1990-2030 36

Figure 14. Global Oil & Gas Offshore and Deepwater Production, 1970-2020 37

Figure 15. Global Market of Work Class ROVs for Scientific Research by Capex, 2014-2025, USD mn 39

Figure 16. Global Market of Work Class ROVs for Military & Defense by Capex, 2014-2025, USD mn 42

Figure 17. Global Market of Work Class ROVs for Other Industries by Capex, 2014-2025, USD mn 45

Figure 18. Breakdown of Global Work Class ROVs Market by New Builds and Operation & Service, 2016-2025, % of Capex 47

Figure 19. 2014-2025 Capex Growth Rates of Global Sub-markets by New Builds and Operation & Service 47

Figure 20. Global Work Class ROV New Builds, 2014-2025, units 49

Figure 21. Global Capex of Work Class ROV New Builds, 2014-2025, USD mn 49

Figure 22. Global Capex of Work Class ROV Operation & Service, 2014-2025, USD mn 50

Figure 23. Global Work Class ROV Operation Personnel, 2014-2025 51

Figure 24. Global Vessel Demand (%) by Water Depth (m), 2010-2019 51

Figure 25. Breakdown of Global Work Class ROV Hardware Market by Component, 2016-2025, % of Capex 54

Figure 26. 2014-2025 Capex Growth Rates of Global Sub-markets by Hardware Component 54

Figure 27. Global Market of Work Class ROV Imaging System, 2014-2025, USD mn 55

Figure 28. Global Market of Work Class ROV Sensors and Automation Systems, 2014-2025, USD mn 57

Figure 29. Global Market of Work Class ROV Steering and Positioning System, 2014-2025, USD mn 58

Figure 30. Global Market of Work Class ROV Navigation System, 2014-2025, USD mn 59

Figure 31. Global Market of Work Class ROV Energy and Propulsion System, 2014-2025, USD mn 60

Figure 32. Global Market of Other Work Class ROV Hardware Components, 2014-2025, USD mn 61

Figure 33. Breakdown of Global Work Class ROV Market by Vehicle Type, 2016-2025, % of Fleet 64

Figure 34. 2014-2025 Fleet Growth Rates of Global Sub-markets by Vehicle Type 64

Figure 35. Breakdown of Global Work Class ROV Market by Vehicle Type, 2016-2025, % of Capex 65

Figure 36. 2014-2025 Capex Growth Rates of Global Sub-markets by Vehicle Type 65

Figure 37. Work-Class ROVs by Payload (kg) 66

Figure 38. Global Market of Light Work-Class ROVs by Fleet, 2014-2025, units 67

Figure 39. Global Market of Light Work-Class ROVs by Capex, 2014-2025, USD mn 68

Figure 40. Example Picture of Light Work-Class ROVs 69

Figure 41. Global Market of Medium Work-Class ROVs by Fleet, 2014-2025, units 70

Figure 42. Global Market of Medium Work-Class ROVs by Capex, 2014-2025, USD mn 71

Figure 43. Example Picture of Ultra Deep ROVs 72

Figure 44. Global Market of Heavy Work-Class ROVs by Fleet, 2014-2025, units 73

Figure 45. Global Market of Heavy Work-Class ROVs by Capex, 2014-2025, USD mn 74

Figure 46. Example Picture of Heavy Work-Class ROVs 75

Figure 47. Summary of Light, Medium and Heavy Work-Class ROVs 76

Figure 48. Breakdown of Global Work-Class ROVs Market by Application, 2016-2025, % of Capex 79

Figure 49. 2014-2025 Work-Class ROV Capex Growth Rates of Global Sub-markets by Application 79

Figure 50. Work Class ROVs by Excursion Length (m) of Tether Management Systems (TMS) 80

Figure 51. Global Market of Work-Class ROVs for Drilling Support by Capex, 2014-2025, USD mn 82

Figure 52. Global Market of Work-Class ROVs for Construction Support by Capex, 2014-2025, USD mn 84

Figure 53. Global Market of Work-Class ROVs for Inspection, Repair and Maintenance (IRM) by Capex, 2014-2025, USD mn 86

Figure 54. Global Market of Work-Class ROVs for Other Applications by Capex, 2014-2025, USD mn 88

Figure 55. Breakdown of Global Work Class ROV Market by Propulsion System, 2016-2025, % of Fleet 90

Figure 56. 2014-2025 Fleet Growth Rates of Global Sub-markets by Propulsion System 90

Figure 57. Breakdown of Global Work Class ROVs Market by Propulsion System, 2016-2025, % of Capex 91

Figure 58. 2014-2025 Capex Growth Rates of Global Sub-markets by Propulsion System 91

Figure 59. Global Hydraulic Work Class ROVs Market by Fleet, 2014-2025, units 92

Figure 60. Global Hydraulic Work Class ROVs Market by Capex, 2014-2025, USD mn 93

Figure 61. Global Electric Work Class ROVs Market by Fleet, 2014-2025, units 95

Figure 62. Global Electric Work Class ROVs Market by Capex, 2014-2025, USD mn 95

Figure 63. Example Picture of High Capacity Electric ROVs 97

Figure 64. Global Hybrid Work Class ROVs Market by Fleet, 2014-2025, units 98

Figure 65. Global Hybrid Work Class ROVs Market by Capex, 2014-2025, USD mn 99

Figure 66. Geographic Spread of Worldwide Work Class ROVs Market, 2016-2025, % of Capex 102

Figure 67. 2016-2025 Capex Growth Rates of Main Regional Markets 102

Figure 68. North American Work Class ROVs Market by Capex, 2014-2025, USD mn 105

Figure 69. Breakdown of North America Work Class ROVs Market by Country, 2016 and 2025, % of Capex 106

Figure 70. 2014-2025 Capex Growth Rates of National Markets in North America 106

Figure 71. U.S. Work Class ROVs Market by Capex, 2014-2025, USD mn 107

Figure 72. Canada Work Class ROVs Market by Capex, 2014-2025, USD mn 109

Figure 73. European Work Class ROVs Market by Capex, 2014-2025, USD mn 112

Figure 74. Breakdown of European Work Class ROVs Market by Country, 2016 and 2025, % of Capex 113

Figure 75. 2014-2025 Capex Growth Rates of National Markets in Europe 113

Figure 76. Work Class ROVs Market in Norway by Capex, 2014-2025, USD mn 114

Figure 77. Work Class ROVs Market in UK by Capex, 2014-2025, USD mn 116

Figure 78. Work Class ROVs Market in Rest of Europe by Capex, 2014-2025, USD mn 118

Figure 79. Asia-Pacific Work Class ROVs Market by Capex, 2014-2025, USD mn 120

Figure 80. Breakdown of APAC Work Class ROVs Market by Country, 2016 and 2025, % of Capex 121

Figure 81. 2014-2025 Capex Growth Rates of National Markets in APAC 121

Figure 82. Work Class ROVs Market in China by Capex, 2014-2025, USD mn 123

Figure 83. Work Class ROVs Market in Malaysia by Capex, 2014-2025, USD mn 125

Figure 84. Work Class ROVs Market in Australia by Capex, 2014-2025, USD mn 127

Figure 85. Work Class ROVs Market in India by Capex, 2014-2025, USD mn 129

Figure 86. Work Class ROVs Market in Rest APAC by Capex, 2014-2025, USD mn 131

Figure 87. Latin America Work Class ROVs Market by Capex, 2014-2025, USD mn 133

Figure 88. Breakdown of Latin America Work Class ROVs Market by Country, 2016 and 2025, % of Capex 134

Figure 89. 2014-2025 Capex Growth Rates of National Markets in Latin America 134

Figure 90. Work Class ROVs Market in Argentina by Capex, 2014-2025, USD mn 135

Figure 91. Work Class ROVs Market in Brazil by Capex, 2014-2025, USD mn 137

Figure 92. Work Class ROVs Market in Mexico by Capex, 2014-2025, USD mn 140

Figure 93. Work Class ROVs Market in Rest of Latin America by Capex, 2014-2025, USD mn 142

Figure 94. Africa Work Class ROVs Market by Capex, 2014-2025, USD mn 143

Figure 95. Breakdown of Africa Work Class ROVs Market by Country, 2016 and 2025, % of Capex 145

Figure 96. 2014-2025 Capex Growth Rates of National Markets in Africa 145

Figure 97. Work Class ROVs Market in Nigeria by Capex, 2014-2025, USD mn 146

Figure 98. Work Class ROVs Market in Angola by Capex, 2014-2025, USD mn 148

Figure 99. Middle East Work Class ROVs Market by Capex, 2014-2025, USD mn 151

Figure 100. Growth Stage of Global Work-Class ROV Industry over the Forecast Period 152

Figure 101. Fugro Revenue Share by Industry, % 165

Figure 102. Fugro Revenue Share by End-user, % 166


List Of Table

List of Tables:

Table 1. Snapshot of Global Work Class ROVs Market, 2016-2025 16

Table 2. Main Product Trends and Market Opportunities in Global Work Class ROVs Market 26

Table 3. Classifications of ROVs by Type 63

Table 4. Leading National Work Class ROVs Markets by Capex, 2016 and 2025, USD mn 101

Table 5. North America Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 105

Table 6. North America Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 105

Table 7. U.S. Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 108

Table 8. U.S. Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 108

Table 9. Canada Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 110

Table 10. Canada Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 110

Table 11. Europe Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 112

Table 12. Europe Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 112

Table 13. Norway Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 115

Table 14. Norway Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 115

Table 15. UK Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 117

Table 16. UK Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 117

Table 17. APAC Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 120

Table 18. APAC Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 120

Table 19. China Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 124

Table 20. China Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 124

Table 21. Malaysia Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 126

Table 22. Malaysia Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 126

Table 23. Australia Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 128

Table 24. Australia Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 128

Table 25. India Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 130

Table 26. India Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 130

Table 27. Latin America Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 133

Table 28. Latin America Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 133

Table 29. Argentina Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 136

Table 30. Argentina Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 136

Table 31. Brazil Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 138

Table 32. Brazil Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 138

Table 33. Mexico Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 141

Table 34. Mexico Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 141

Table 35. Africa Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 144

Table 36. Africa Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 144

Table 37. Nigeria Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 147

Table 38. Nigeria Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 147

Table 39. Angola Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 149

Table 40. Angola Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 149

Table 41. Market Share of Global Work-Class ROVs by Manufacturer, % Capex 155

Table 42. Market Share of Global Work-Class ROVs by Operator, %Capex 155

Table 43. Forum Energy Technologies, Inc. Condensed Consolidated Statements of Income, 2016-2017 162

Table 44. Forum Energy Technologies, Inc. Revenue by Business Segment, 2016-2017 163

Table 45. Main Products and Services of i-Tech 171

Table 46. Risk Evaluation for Investing in Global Market, 2016-2025 184

Table 47. Critical Success Factors and Key Takeaways 187

Licence Rights

Section Purchase

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS

Products and Companies


Companies

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)

Kystdesign AS

Oceaneering International, Inc.

Perry Slingsby Systems Limited

SAAB SEAEYE LTD.

Saipem (Sonsub)

Schilling Robotics, LLC

Soil Machine Dynamics Ltd (SMD)

Company Profile

Company Profile Title

Work-class remotely operated vehicles (ROVs) are large enough unmanned underwater vehicles to carry additional sensors and/or manipulators. These vehicles commonly have a multiplexing capability that allows additional sensors and tools to operate without being 'hard-wired' through the umbilical system. These ROVs are generally larger and more powerful than observation mini ROVs. The evolution of ROV technology has resulted in the ever-growing application of work class ROVs in oil & gas industry, military/defense, scientific research and other sectors. Global total Capex (capital expenditure) of work class ROVs in 2025 will advance to USD XXX billion, registering a CAGR of 9.3% between 2016 and 2025. This represents a cumulative Capex of USD XXX billion during 2017-2025 owing to a substantial adoption of work class ROVs for drilling support, construction support, as well as inspection, repair and maintenance (IRM) activities across the globe.

Highlighted with 47 tables and 102 figures, this 189-page report Global Work Class ROVs Market 2017-2025 by Industry Vertical, Application, Hardware Component, Vehicle Type, Propulsion System and Region is based on a comprehensive research of worldwide work class ROVs market by analyzing the entire global 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 provides historical market data for 2014 and 2015, revenue estimates for 2016, and forecasts from 2017 till 2025.

In-depth qualitative analyses include identification and investigation of the following aspects:

o Market Structure

o Growth Drivers

o Restraints and Challenges

o Emerging Product Trends & Market Opportunities

o Porter's Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global work class ROVs market in every aspect of the classification from perspectives of industry vertical, new built and operation/service, hardware component, vehicle type, application, propulsion system and region.

Based on industry vertical, the global work class ROV market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.

o Oil & Gas Industry

o Scientific Research

o Military & Defense

o Others

Based on capex source, the global market is analyzed on the following segments with annual capex in 2014-2025 provided for each segment.

o ROV New Builds

o ROV Operation & Service

Based on hardware component, the global work class ROV hardware market is divided and analyzed on the following segments in terms of capex for 2014-2025.

o Imaging System

o Sensors and Automation Systems

o Steering and Positioning

o Navigation System

o Energy and Propulsion

o Others

Based on vehicle type, the global work class ROV market is split and analyzed on the following sections in terms of annual capex and fleet in operation for 2014-2025.

o Light Work Class Vehicle

o Medium Work Class Vehicle

o Heavy Work Class Vehicle

Based on application, the global work-class ROV market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.

o Drilling Support

o Construction Support

o Inspection, Repair and Maintenance (IRM)

o Others

Based on propulsion system, the global market is segmented into the following sections and analyzed in terms of annual capex and operational fleet for 2014-2025.

o Hydraulic system

o Electric system

o Others

Geographically, the following regions together with the listed national markets are fully investigated:

o APAC (China, Malaysia, Australia, India, and Rest of APAC)

o Europe (Norway, UK, Rest of Europe)

o North America (U.S. and Canada)

o Latin America (Argentina, Brazil, Mexico, Rest of Latin America)

o Africa (Nigeria, Angola)

o Middle East

For each of the aforementioned regions and countries, detailed analysis and data for annual capex are available for 2014-2025. The breakdown of all regional markets and national markets by industry vertical and vehicle type over the forecast years is included.

The report also covers current competitive scenario and the predicted manufacture trend; and profiles global work class ROV vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global work class ROVs market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

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)

Kystdesign AS

Oceaneering International, Inc.

Perry Slingsby Systems Limited

SAAB SEAEYE LTD.

Saipem (Sonsub)

Schilling Robotics, LLC

Soil Machine Dynamics Ltd (SMD)

READ MORE

Scope

Table of Contents

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 9

1.2 Research Methodology 10

1.2.1 Overview of Market Research Methodology 10

1.2.2 Market Assumption 11

1.2.3 Secondary Data 11

1.2.4 Primary Data 11

1.2.5 Data Filtration and Model Design 12

1.2.6 Market Size/Share Estimation 13

1.2.7 Research Limitations 14

1.3 Executive Summary 15

2 Market Overview and Qualitative Analysis 17

2.1 Market Size and Forecast 17

2.2 Market Structure 19

2.3 Major Growth Drivers 20

2.4 Market Restraints and Challenges 23

2.5 Emerging Opportunities and Market Trends 26

2.6 Porter's Fiver Forces Analysis 29

3 Analysis of Global Market by Industry Vertical 33

3.1 Market Overview by Industry Vertical 33

3.2 Work Class ROVs for Oil & Gas Industry: Global Market 2014-2025 35

3.3 Work Class ROVs for Scientific Research: Global Market 2014-2025 38

3.4 Work Class ROVs for Military & Defense: Global Market 2014-2025 41

3.5 Work Class ROVs for Other Industry Verticals: Global Market 2014-2025 44

4 Analysis of Global Market by New Builds and Operation & Service 46

4.1 Market Overview by New Builds and Operation & Service 46

4.2 Work Class ROV New Builds 48

4.3 Work Class ROV Operation & Service 50

5 Analysis of Global Market by Hardware Component 53

5.1 Market Overview by Hardware Component 53

5.2 Imaging System 55

5.3 Sensors and Automation Systems 57

5.4 Steering and Positioning 58

5.5 Navigation System 59

5.6 Energy and Propulsion 60

5.7 Other Hardware Components 61

6 Analysis of Global Market by Vehicle Type 62

6.1 Market Overview by Vehicle Type 62

6.2 Light Work-Class Vehicle 67

6.4 Medium Work-Class Vehicle 70

6.5 Heavy Work-Class Vehicle 73

7 Analysis of Global Market by Application 77

7.1 Market Overview by Application 77

7.2 Drilling Support 81

7.3 Construction Support 83

7.4 Inspection, Repair and Maintenance (IRM) 85

7.5 Other Applications 87

8 Analysis of Global Market by Propulsion System 89

8.1 Market Overview by Propulsion System 89

8.2 Hydraulic System 92

8.3 Electric System 94

8.4 Other Systems 98

9 Analysis of Global Market by Region 100

9.1 Geographic Market Overview by Region 2016-2025 100

9.2 North America Market 2014-2025 104

9.2.1 Overview of North America Market 104

9.2.2 U.S. Market 107

9.2.3 Canadian Market 109

9.3 European Market 2014-2025 111

9.3.1 Overview of European Market 111

9.3.2 Norway 114

9.3.3 UK 116

9.3.4 Rest of European Market 118

9.4 Asia-Pacific Market 2014-2025 119

9.4.1 Overview of Asia-Pacific Market 119

9.4.2 China 123

9.4.3 Malaysia 125

9.4.4 Australia 127

9.4.5 India 129

9.4.6 Rest of APAC Region 131

9.5 Latin America Market 2014-2025 132

9.5.1 Argentina 135

9.5.2 Brazil 137

9.5.3 Mexico 140

9.5.4 Rest of Latin America Market 142

9.6 Africa Market 2014-2025 143

9.6.1 Nigeria 146

9.6.2 Angola 148

9.6.3 Rest of Africa Market 150

9.7 Middle East Market 2014-2025 151

10 Competitive Landscape 152

10.1 Overview of Global Vendors 152

10.2 Company Profiles 157

11 Investing in Global Market: Risk Assessment and Management 183

11.1 Risk Evaluation of Global Market 183

11.2 Critical Success Factors (CSFs) 186

RELATED REPORTS AND PRODUCTS 189


List Of Figure

List of Figures:

Figure 1. Research Method Flow Chart 10

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13

Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2014-2025 15

Figure 4. Global Work Class ROVs Market by Capex, 2014-2025, USD mn 17

Figure 5. Global Work Class ROVs Market by Fleet, 2014-2025, units 17

Figure 6. Structure and Segments of Global Work Class ROVs Market 19

Figure 7. Primary Drivers and Impact Factors of Global Work Class ROVs Market 20

Figure 8. Primary Restraints and Impact Factors of Global Work Class ROVs Market 23

Figure 9. Porter's Fiver Forces Analysis of Global Work Class ROVs Market 29

Figure 10. Breakdown of Global Work Class ROVs Market by Industry Vertical, 2016-2025, % of Capex 34

Figure 11. 2014-2025 Capex Growth Rates of Global Sub-markets by Industry Vertical 34

Figure 12. Global Market of Work Class ROVs for Oil & Gas Industry by Capex, 2014-2025, USD mn 36

Figure 13. Global Population, GDP and Energy Demand, 1990-2030 36

Figure 14. Global Oil & Gas Offshore and Deepwater Production, 1970-2020 37

Figure 15. Global Market of Work Class ROVs for Scientific Research by Capex, 2014-2025, USD mn 39

Figure 16. Global Market of Work Class ROVs for Military & Defense by Capex, 2014-2025, USD mn 42

Figure 17. Global Market of Work Class ROVs for Other Industries by Capex, 2014-2025, USD mn 45

Figure 18. Breakdown of Global Work Class ROVs Market by New Builds and Operation & Service, 2016-2025, % of Capex 47

Figure 19. 2014-2025 Capex Growth Rates of Global Sub-markets by New Builds and Operation & Service 47

Figure 20. Global Work Class ROV New Builds, 2014-2025, units 49

Figure 21. Global Capex of Work Class ROV New Builds, 2014-2025, USD mn 49

Figure 22. Global Capex of Work Class ROV Operation & Service, 2014-2025, USD mn 50

Figure 23. Global Work Class ROV Operation Personnel, 2014-2025 51

Figure 24. Global Vessel Demand (%) by Water Depth (m), 2010-2019 51

Figure 25. Breakdown of Global Work Class ROV Hardware Market by Component, 2016-2025, % of Capex 54

Figure 26. 2014-2025 Capex Growth Rates of Global Sub-markets by Hardware Component 54

Figure 27. Global Market of Work Class ROV Imaging System, 2014-2025, USD mn 55

Figure 28. Global Market of Work Class ROV Sensors and Automation Systems, 2014-2025, USD mn 57

Figure 29. Global Market of Work Class ROV Steering and Positioning System, 2014-2025, USD mn 58

Figure 30. Global Market of Work Class ROV Navigation System, 2014-2025, USD mn 59

Figure 31. Global Market of Work Class ROV Energy and Propulsion System, 2014-2025, USD mn 60

Figure 32. Global Market of Other Work Class ROV Hardware Components, 2014-2025, USD mn 61

Figure 33. Breakdown of Global Work Class ROV Market by Vehicle Type, 2016-2025, % of Fleet 64

Figure 34. 2014-2025 Fleet Growth Rates of Global Sub-markets by Vehicle Type 64

Figure 35. Breakdown of Global Work Class ROV Market by Vehicle Type, 2016-2025, % of Capex 65

Figure 36. 2014-2025 Capex Growth Rates of Global Sub-markets by Vehicle Type 65

Figure 37. Work-Class ROVs by Payload (kg) 66

Figure 38. Global Market of Light Work-Class ROVs by Fleet, 2014-2025, units 67

Figure 39. Global Market of Light Work-Class ROVs by Capex, 2014-2025, USD mn 68

Figure 40. Example Picture of Light Work-Class ROVs 69

Figure 41. Global Market of Medium Work-Class ROVs by Fleet, 2014-2025, units 70

Figure 42. Global Market of Medium Work-Class ROVs by Capex, 2014-2025, USD mn 71

Figure 43. Example Picture of Ultra Deep ROVs 72

Figure 44. Global Market of Heavy Work-Class ROVs by Fleet, 2014-2025, units 73

Figure 45. Global Market of Heavy Work-Class ROVs by Capex, 2014-2025, USD mn 74

Figure 46. Example Picture of Heavy Work-Class ROVs 75

Figure 47. Summary of Light, Medium and Heavy Work-Class ROVs 76

Figure 48. Breakdown of Global Work-Class ROVs Market by Application, 2016-2025, % of Capex 79

Figure 49. 2014-2025 Work-Class ROV Capex Growth Rates of Global Sub-markets by Application 79

Figure 50. Work Class ROVs by Excursion Length (m) of Tether Management Systems (TMS) 80

Figure 51. Global Market of Work-Class ROVs for Drilling Support by Capex, 2014-2025, USD mn 82

Figure 52. Global Market of Work-Class ROVs for Construction Support by Capex, 2014-2025, USD mn 84

Figure 53. Global Market of Work-Class ROVs for Inspection, Repair and Maintenance (IRM) by Capex, 2014-2025, USD mn 86

Figure 54. Global Market of Work-Class ROVs for Other Applications by Capex, 2014-2025, USD mn 88

Figure 55. Breakdown of Global Work Class ROV Market by Propulsion System, 2016-2025, % of Fleet 90

Figure 56. 2014-2025 Fleet Growth Rates of Global Sub-markets by Propulsion System 90

Figure 57. Breakdown of Global Work Class ROVs Market by Propulsion System, 2016-2025, % of Capex 91

Figure 58. 2014-2025 Capex Growth Rates of Global Sub-markets by Propulsion System 91

Figure 59. Global Hydraulic Work Class ROVs Market by Fleet, 2014-2025, units 92

Figure 60. Global Hydraulic Work Class ROVs Market by Capex, 2014-2025, USD mn 93

Figure 61. Global Electric Work Class ROVs Market by Fleet, 2014-2025, units 95

Figure 62. Global Electric Work Class ROVs Market by Capex, 2014-2025, USD mn 95

Figure 63. Example Picture of High Capacity Electric ROVs 97

Figure 64. Global Hybrid Work Class ROVs Market by Fleet, 2014-2025, units 98

Figure 65. Global Hybrid Work Class ROVs Market by Capex, 2014-2025, USD mn 99

Figure 66. Geographic Spread of Worldwide Work Class ROVs Market, 2016-2025, % of Capex 102

Figure 67. 2016-2025 Capex Growth Rates of Main Regional Markets 102

Figure 68. North American Work Class ROVs Market by Capex, 2014-2025, USD mn 105

Figure 69. Breakdown of North America Work Class ROVs Market by Country, 2016 and 2025, % of Capex 106

Figure 70. 2014-2025 Capex Growth Rates of National Markets in North America 106

Figure 71. U.S. Work Class ROVs Market by Capex, 2014-2025, USD mn 107

Figure 72. Canada Work Class ROVs Market by Capex, 2014-2025, USD mn 109

Figure 73. European Work Class ROVs Market by Capex, 2014-2025, USD mn 112

Figure 74. Breakdown of European Work Class ROVs Market by Country, 2016 and 2025, % of Capex 113

Figure 75. 2014-2025 Capex Growth Rates of National Markets in Europe 113

Figure 76. Work Class ROVs Market in Norway by Capex, 2014-2025, USD mn 114

Figure 77. Work Class ROVs Market in UK by Capex, 2014-2025, USD mn 116

Figure 78. Work Class ROVs Market in Rest of Europe by Capex, 2014-2025, USD mn 118

Figure 79. Asia-Pacific Work Class ROVs Market by Capex, 2014-2025, USD mn 120

Figure 80. Breakdown of APAC Work Class ROVs Market by Country, 2016 and 2025, % of Capex 121

Figure 81. 2014-2025 Capex Growth Rates of National Markets in APAC 121

Figure 82. Work Class ROVs Market in China by Capex, 2014-2025, USD mn 123

Figure 83. Work Class ROVs Market in Malaysia by Capex, 2014-2025, USD mn 125

Figure 84. Work Class ROVs Market in Australia by Capex, 2014-2025, USD mn 127

Figure 85. Work Class ROVs Market in India by Capex, 2014-2025, USD mn 129

Figure 86. Work Class ROVs Market in Rest APAC by Capex, 2014-2025, USD mn 131

Figure 87. Latin America Work Class ROVs Market by Capex, 2014-2025, USD mn 133

Figure 88. Breakdown of Latin America Work Class ROVs Market by Country, 2016 and 2025, % of Capex 134

Figure 89. 2014-2025 Capex Growth Rates of National Markets in Latin America 134

Figure 90. Work Class ROVs Market in Argentina by Capex, 2014-2025, USD mn 135

Figure 91. Work Class ROVs Market in Brazil by Capex, 2014-2025, USD mn 137

Figure 92. Work Class ROVs Market in Mexico by Capex, 2014-2025, USD mn 140

Figure 93. Work Class ROVs Market in Rest of Latin America by Capex, 2014-2025, USD mn 142

Figure 94. Africa Work Class ROVs Market by Capex, 2014-2025, USD mn 143

Figure 95. Breakdown of Africa Work Class ROVs Market by Country, 2016 and 2025, % of Capex 145

Figure 96. 2014-2025 Capex Growth Rates of National Markets in Africa 145

Figure 97. Work Class ROVs Market in Nigeria by Capex, 2014-2025, USD mn 146

Figure 98. Work Class ROVs Market in Angola by Capex, 2014-2025, USD mn 148

Figure 99. Middle East Work Class ROVs Market by Capex, 2014-2025, USD mn 151

Figure 100. Growth Stage of Global Work-Class ROV Industry over the Forecast Period 152

Figure 101. Fugro Revenue Share by Industry, % 165

Figure 102. Fugro Revenue Share by End-user, % 166


List Of Table

List of Tables:

Table 1. Snapshot of Global Work Class ROVs Market, 2016-2025 16

Table 2. Main Product Trends and Market Opportunities in Global Work Class ROVs Market 26

Table 3. Classifications of ROVs by Type 63

Table 4. Leading National Work Class ROVs Markets by Capex, 2016 and 2025, USD mn 101

Table 5. North America Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 105

Table 6. North America Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 105

Table 7. U.S. Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 108

Table 8. U.S. Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 108

Table 9. Canada Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 110

Table 10. Canada Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 110

Table 11. Europe Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 112

Table 12. Europe Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 112

Table 13. Norway Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 115

Table 14. Norway Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 115

Table 15. UK Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 117

Table 16. UK Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 117

Table 17. APAC Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 120

Table 18. APAC Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 120

Table 19. China Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 124

Table 20. China Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 124

Table 21. Malaysia Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 126

Table 22. Malaysia Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 126

Table 23. Australia Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 128

Table 24. Australia Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 128

Table 25. India Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 130

Table 26. India Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 130

Table 27. Latin America Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 133

Table 28. Latin America Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 133

Table 29. Argentina Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 136

Table 30. Argentina Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 136

Table 31. Brazil Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 138

Table 32. Brazil Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 138

Table 33. Mexico Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 141

Table 34. Mexico Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 141

Table 35. Africa Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 144

Table 36. Africa Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 144

Table 37. Nigeria Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 147

Table 38. Nigeria Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 147

Table 39. Angola Work Class ROVs Market by Industry Vertical, 2016-2025, USD mn 149

Table 40. Angola Work Class ROVs Market by Vehicle Type, 2016-2025, USD mn 149

Table 41. Market Share of Global Work-Class ROVs by Manufacturer, % Capex 155

Table 42. Market Share of Global Work-Class ROVs by Operator, %Capex 155

Table 43. Forum Energy Technologies, Inc. Condensed Consolidated Statements of Income, 2016-2017 162

Table 44. Forum Energy Technologies, Inc. Revenue by Business Segment, 2016-2017 163

Table 45. Main Products and Services of i-Tech 171

Table 46. Risk Evaluation for Investing in Global Market, 2016-2025 184

Table 47. Critical Success Factors and Key Takeaways 187

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS


Companies

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)

Kystdesign AS

Oceaneering International, Inc.

Perry Slingsby Systems Limited

SAAB SEAEYE LTD.

Saipem (Sonsub)

Schilling Robotics, LLC

Soil Machine Dynamics Ltd (SMD)