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

  • Product Code:
    RP-ID-10077785
  • Published Date:
    Mar 2019
  • Region:
    Global
  • Pages:
    189
  • Category:
    ICT & Telecom
  • Publisher:
    Grace market Data
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 $XXX billion, registering a CAGR of 9.3% between 2016 and 2025. This represents a cumulative Capex of $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:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• 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.
• Oil & Gas Industry
• Scientific Research
• Military & Defense
• Others
Based on capex source, the global market is analyzed on the following segments with annual capex in 2014-2025 provided for each segment.
• ROV New Builds
• 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.
• Imaging System
• Sensors and Automation Systems
• Steering and Positioning
• Navigation System
• Energy and Propulsion
• 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.
• Light Work Class Vehicle
• Medium Work Class Vehicle
• 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.
• Drilling Support
• Construction Support
• Inspection, Repair and Maintenance (IRM)
• 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.
• Hydraulic system
• Electric system
• Others
Geographically, the following regions together with the listed national markets are fully investigated:
• APAC (China, Malaysia, Australia, India, and Rest of APAC)
• Europe (Norway, UK, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Argentina, Brazil, Mexico, Rest of Latin America)
• Africa (Nigeria, Angola)
• 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)
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
Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report
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)

Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

Related Reports