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Remote Operated Vehicle Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030

  • Report

  • 400 Pages
  • January 2024
  • Region: Global
  • Infinium Global Research
  • ID: 5933648
The report on the global remote operated vehicle market provides qualitative and quantitative analysis for the period from 2021-2030. The global remote operative vehicle market was valued at USD 1.38 billion in 2022 and is expected to reach USD 3.75 billion in 2030, with a CAGR of 11.54% during the forecast period 2023-2030. The study on remote operated vehicle market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.

The report on remote operated vehicle market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global remote operated vehicle market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global remote operated vehicle market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

  • The rise in the adoption of robots in law enforcement and the military and defense sectors drives the remote operative vehicle (ROV) market.
  • The ROV market is influenced greatly by continuous research and development (R&D) in underwater technologies, such as cameras and sensors

2) Restraints

  • High initial investment and operational costs may hamper the future growth of the market.

3) Opportunities

  • Government funding and assistance, as well as the framework's basis in the form of subsidies or low-interest loans, may open up future opportunities for the worldwide remote operative vehicle (ROV) market.

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The global remote operated vehicle market is segmented on the basis of class, vehicle type, technology, application, working depth, and use.

The Global Remote Operated Vehicle Market by Class

  • Class I (Pure observation)
  • Class II (Observation with payload option)
  • Class III (Work class vehicles)
  • Class IV (Seabed-working vehicles)
  • Class V (Prototype or development vehicles)

The Global Remote Operated Vehicle Market by Vehicle Type

  • Micro
  • Mini
  • General
  • Light work
  • Heavy work
  • Burial
  • Others

The Global Remote Operated Vehicle Market by Technology

  • Vehicle Cameras and Lighting System
  • Hydraulic Tool Control System
  • Vehicle Control and Navigation System
  • Tether Management System (TMS)
  • Launch and Recovery Systems (LARS)
  • Others

The Global Remote Operated Vehicle Market by Application

  • Heavy Lifting
  • Search and Rescue
  • Subsea Engineering Services
  • Observation and Inspection ROVs
  • Others

The Global Remote Operated Vehicle Market by Working Depth

  • Shallow Water
  • Deep Water

The Global Remote Operated Vehicle Market by Use

  • Defence and Security
  • Scientific Research
  • Renewable energy

Company Profiles

The companies covered in the report include

  • Exail Technologies
  • Innova
  • Total Marine Technology Pty Ltd
  • SeaRobotics Corp.
  • ROVOCO
  • IKM Gruppen AS
  • Kongsberg Maritime
  • Planys Technologies
  • Saab Seaeye Ltd
  • Oceaneering International, Inc

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the remote operated vehicle market.
2. Complete coverage of all the segments in the remote operated vehicle market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global remote operated vehicle market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Table of Contents

Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Remote Operated Vehicle Market Highlights
2.2. Remote Operated Vehicle Market Projection
2.3. Remote Operated Vehicle Market Regional Highlights
Chapter 3. Global Remote Operated Vehicle Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. Growth Matrix Analysis
3.4.1. Growth Matrix Analysis by Class
3.4.2. Growth Matrix Analysis by Vehicle Type
3.4.3. Growth Matrix Analysis by Technology
3.4.4. Growth Matrix Analysis by Application
3.4.5. Growth Matrix Analysis by Working Depth
3.4.6. Growth Matrix Analysis by Use
3.4.7. Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Remote Operated Vehicle Market
Chapter 4. Remote Operated Vehicle Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Remote Operated Vehicle Market
5.2. Companies Profiles
5.2.1. Exail Technologies
5.2.2. Innova
5.2.3. Total Marine Technology Pty Ltd
5.2.4. SeaRobotics Corp.
5.2.5. ROVOCO
5.2.6. IKM Gruppen AS
5.2.7. Kongsberg Maritime
5.2.8. Planys Technologies
5.2.9. Saab Seaeye Ltd
5.2.10. Oceaneering International, Inc
Chapter 6. Global Remote Operated Vehicle Market by Class
6.1. Class I (Pure observation)
6.2. Class II (Observation with payload option)
6.3. Class III (Work class vehicles)
6.4. Class IV (Seabed-working vehicles)
6.5. Class V (Prototype or development vehicles)
Chapter 7. Global Remote Operated Vehicle Market by Vehicle Type
7.1. Micro
7.2. Mini
7.3. General
7.4. Light work
7.5. Heavy work
7.6. Burial
7.7. Others
Chapter 8. Global Remote Operated Vehicle Market by Technology
8.1. Vehicle Cameras and Lighting System
8.2. Hydraulic Tool Control System
8.3. Vehicle Control and Navigation System
8.4. Tether Management System (TMS)
8.5. Launch and Recovery Systems (LARS)
8.6. Others
Chapter 9. Global Remote Operated Vehicle Market by Application
9.1. Heavy Lifting
9.2. Search and Rescue
9.3. Subsea Engineering Services
9.4. Observation and Inspection ROVs
9.5. Others
Chapter 10. Global Remote Operated Vehicle Market by Working Depth
10.1. Shallow Water
10.2. Deep Water
Chapter 11. Global Remote Operated Vehicle Market by Use
11.1. Defence and Security
11.2. Scientific Research
11.3. Renewable energy
Chapter 12. Global Remote Operated Vehicle Market by Region 2023-2030
12.1. North America
12.1.1. North America Remote Operated Vehicle Market by Class
12.1.2. North America Remote Operated Vehicle Market by Vehicle Type
12.1.3. North America Remote Operated Vehicle Market by Technology
12.1.4. North America Remote Operated Vehicle Market by Application
12.1.5. North America Remote Operated Vehicle Market by Working Depth
12.1.6. North America Remote Operated Vehicle Market by Use
12.1.7. North America Remote Operated Vehicle Market by Country
12.1.7.1. The U.S. Remote Operated Vehicle Market
12.1.7.1.1. The U.S. Remote Operated Vehicle Market by Class
12.1.7.1.2. The U.S. Remote Operated Vehicle Market by Vehicle Type
12.1.7.1.3. The U.S. Remote Operated Vehicle Market by Technology
12.1.7.1.4. The U.S. Remote Operated Vehicle Market by Application
12.1.7.1.5. The U.S. Remote Operated Vehicle Market by Working Depth
12.1.7.1.6. The U.S. Remote Operated Vehicle Market by Use
12.1.7.2. Canada Remote Operated Vehicle Market
12.1.7.2.1. Canada Remote Operated Vehicle Market by Class
12.1.7.2.2. Canada Remote Operated Vehicle Market by Vehicle Type
12.1.7.2.3. Canada Remote Operated Vehicle Market by Technology
12.1.7.2.4. Canada Remote Operated Vehicle Market by Application
12.1.7.2.5. Canada Remote Operated Vehicle Market by Working Depth
12.1.7.2.6. Canada Remote Operated Vehicle Market by Use
12.1.7.3. Mexico Remote Operated Vehicle Market
12.1.7.3.1. Mexico Remote Operated Vehicle Market by Class
12.1.7.3.2. Mexico Remote Operated Vehicle Market by Vehicle Type
12.1.7.3.3. Mexico Remote Operated Vehicle Market by Technology
12.1.7.3.4. Mexico Remote Operated Vehicle Market by Application
12.1.7.3.5. Mexico Remote Operated Vehicle Market by Working Depth
12.1.7.3.6. Mexico Remote Operated Vehicle Market by Use
12.2. Europe
12.2.1. Europe Remote Operated Vehicle Market by Class
12.2.2. Europe Remote Operated Vehicle Market by Vehicle Type
12.2.3. Europe Remote Operated Vehicle Market by Technology
12.2.4. Europe Remote Operated Vehicle Market by Application
12.2.5. Europe Remote Operated Vehicle Market by Working Depth
12.2.6. Europe Remote Operated Vehicle Market by Use
12.2.7. Europe Remote Operated Vehicle Market by Country
12.2.7.1. Germany Remote Operated Vehicle Market
12.2.7.1.1. Germany Remote Operated Vehicle Market by Class
12.2.7.1.2. Germany Remote Operated Vehicle Market by Vehicle Type
12.2.7.1.3. Germany Remote Operated Vehicle Market by Technology
12.2.7.1.4. Germany Remote Operated Vehicle Market by Application
12.2.7.1.5. Germany Remote Operated Vehicle Market by Working Depth
12.2.7.1.6. Germany Remote Operated Vehicle Market by Use
12.2.7.2. United Kingdom Remote Operated Vehicle Market
12.2.7.2.1. United Kingdom Remote Operated Vehicle Market by Class
12.2.7.2.2. United Kingdom Remote Operated Vehicle Market by Vehicle Type
12.2.7.2.3. United Kingdom Remote Operated Vehicle Market by Technology
12.2.7.2.4. United Kingdom Remote Operated Vehicle Market by Application
12.2.7.2.5. United Kingdom Remote Operated Vehicle Market by Working Depth
12.2.7.2.6. United Kingdom Remote Operated Vehicle Market by Use
12.2.7.3. France Remote Operated Vehicle Market
12.2.7.3.1. France Remote Operated Vehicle Market by Class
12.2.7.3.2. France Remote Operated Vehicle Market by Vehicle Type
12.2.7.3.3. France Remote Operated Vehicle Market by Technology
12.2.7.3.4. France Remote Operated Vehicle Market by Application
12.2.7.3.5. France Remote Operated Vehicle Market by Working Depth
12.2.7.3.6. France Remote Operated Vehicle Market by Use
12.2.7.4. Italy Remote Operated Vehicle Market
12.2.7.4.1. Italy Remote Operated Vehicle Market by Class
12.2.7.4.2. Italy Remote Operated Vehicle Market by Vehicle Type
12.2.7.4.3. Italy Remote Operated Vehicle Market by Technology
12.2.7.4.4. Italy Remote Operated Vehicle Market by Application
12.2.7.4.5. Italy Remote Operated Vehicle Market by Working Depth
12.2.7.4.6. Italy Remote Operated Vehicle Market by Use
12.2.7.5. Rest of Europe Remote Operated Vehicle Market
12.2.7.5.1. Rest of Europe Remote Operated Vehicle Market by Class
12.2.7.5.2. Rest of Europe Remote Operated Vehicle Market by Vehicle Type
12.2.7.5.3. Rest of Europe Remote Operated Vehicle Market by Technology
12.2.7.5.4. Rest of Europe Remote Operated Vehicle Market by Application
12.2.7.5.5. Rest of Europe Remote Operated Vehicle Market by Working Depth
12.2.7.5.6. Rest of Europe Remote Operated Vehicle Market by Use
12.3. Asia Pacific
12.3.1. Asia Pacific Remote Operated Vehicle Market by Class
12.3.2. Asia Pacific Remote Operated Vehicle Market by Vehicle Type
12.3.3. Asia Pacific Remote Operated Vehicle Market by Technology
12.3.4. Asia Pacific Remote Operated Vehicle Market by Application
12.3.5. Asia Pacific Remote Operated Vehicle Market by Working Depth
12.3.6. Asia Pacific Remote Operated Vehicle Market by Use
12.3.7. Asia Pacific Remote Operated Vehicle Market by Country
12.3.7.1. China Remote Operated Vehicle Market
12.3.7.1.1. China Remote Operated Vehicle Market by Class
12.3.7.1.2. China Remote Operated Vehicle Market by Vehicle Type
12.3.7.1.3. China Remote Operated Vehicle Market by Technology
12.3.7.1.4. China Remote Operated Vehicle Market by Application
12.3.7.1.5. China Remote Operated Vehicle Market by Working Depth
12.3.7.1.6. China Remote Operated Vehicle Market by Use
12.3.7.2. Japan Remote Operated Vehicle Market
12.3.7.2.1. Japan Remote Operated Vehicle Market by Class
12.3.7.2.2. Japan Remote Operated Vehicle Market by Vehicle Type
12.3.7.2.3. Japan Remote Operated Vehicle Market by Technology
12.3.7.2.4. Japan Remote Operated Vehicle Market by Application
12.3.7.2.5. Japan Remote Operated Vehicle Market by Working Depth
12.3.7.2.6. Japan Remote Operated Vehicle Market by Use
12.3.7.3. India Remote Operated Vehicle Market
12.3.7.3.1. India Remote Operated Vehicle Market by Class
12.3.7.3.2. India Remote Operated Vehicle Market by Vehicle Type
12.3.7.3.3. India Remote Operated Vehicle Market by Technology
12.3.7.3.4. India Remote Operated Vehicle Market by Application
12.3.7.3.5. India Remote Operated Vehicle Market by Working Depth
12.3.7.3.6. India Remote Operated Vehicle Market by Use
12.3.7.4. South Korea Remote Operated Vehicle Market
12.3.7.4.1. South Korea Remote Operated Vehicle Market by Class
12.3.7.4.2. South Korea Remote Operated Vehicle Market by Vehicle Type
12.3.7.4.3. South Korea Remote Operated Vehicle Market by Technology
12.3.7.4.4. South Korea Remote Operated Vehicle Market by Application
12.3.7.4.5. South Korea Remote Operated Vehicle Market by Working Depth
12.3.7.4.6. South Korea Remote Operated Vehicle Market by Use
12.3.7.5. Australia Remote Operated Vehicle Market
12.3.7.5.1. Australia Remote Operated Vehicle Market by Class
12.3.7.5.2. Australia Remote Operated Vehicle Market by Vehicle Type
12.3.7.5.3. Australia Remote Operated Vehicle Market by Technology
12.3.7.5.4. Australia Remote Operated Vehicle Market by Application
12.3.7.5.5. Australia Remote Operated Vehicle Market by Working Depth
12.3.7.5.6. Australia Remote Operated Vehicle Market by Use
12.3.7.6. Rest of Asia-Pacific Remote Operated Vehicle Market
12.3.7.6.1. Rest of Asia-Pacific Remote Operated Vehicle Market by Class
12.3.7.6.2. Rest of Asia-Pacific Remote Operated Vehicle Market by Vehicle Type
12.3.7.6.3. Rest of Asia-Pacific Remote Operated Vehicle Market by Technology
12.3.7.6.4. Rest of Asia-Pacific Remote Operated Vehicle Market by Application
12.3.7.6.5. Rest of Asia-Pacific Remote Operated Vehicle Market by Working Depth
12.3.7.6.6. Rest of Asia-Pacific Remote Operated Vehicle Market by Use
12.4. RoW
12.4.1. RoW Remote Operated Vehicle Market by Class
12.4.2. RoW Remote Operated Vehicle Market by Vehicle Type
12.4.3. RoW Remote Operated Vehicle Market by Technology
12.4.4. RoW Remote Operated Vehicle Market by Application
12.4.5. RoW Remote Operated Vehicle Market by Working Depth
12.4.6. RoW Remote Operated Vehicle Market by Use
12.4.7. RoW Remote Operated Vehicle Market by Sub-region
12.4.7.1. Latin America Remote Operated Vehicle Market
12.4.7.1.1. Latin America Remote Operated Vehicle Market by Class
12.4.7.1.2. Latin America Remote Operated Vehicle Market by Vehicle Type
12.4.7.1.3. Latin America Remote Operated Vehicle Market by Technology
12.4.7.1.4. Latin America Remote Operated Vehicle Market by Application
12.4.7.1.5. Latin America Remote Operated Vehicle Market by Working Depth
12.4.7.1.6. Latin America Remote Operated Vehicle Market by Use
12.4.7.2. Middle East Remote Operated Vehicle Market
12.4.7.2.1. Middle East Remote Operated Vehicle Market by Class
12.4.7.2.2. Middle East Remote Operated Vehicle Market by Vehicle Type
12.4.7.2.3. Middle East Remote Operated Vehicle Market by Technology
12.4.7.2.4. Middle East Remote Operated Vehicle Market by Application
12.4.7.2.5. Middle East Remote Operated Vehicle Market by Working Depth
12.4.7.2.6. Middle East Remote Operated Vehicle Market by Use
12.4.7.3. Africa Remote Operated Vehicle Market
12.4.7.3.1. Africa Remote Operated Vehicle Market by Class
12.4.7.3.2. Africa Remote Operated Vehicle Market by Vehicle Type
12.4.7.3.3. Africa Remote Operated Vehicle Market by Technology
12.4.7.3.4. Africa Remote Operated Vehicle Market by Application
12.4.7.3.5. Africa Remote Operated Vehicle Market by Working Depth
12.4.7.3.6. Africa Remote Operated Vehicle Market by Use

Companies Mentioned

  • Exail Technologies
  • Innova
  • Total Marine Technology Pty Ltd
  • SeaRobotics Corp.
  • ROVOCO
  • IKM Gruppen AS
  • Kongsberg Maritime
  • Planys Technologies
  • Saab Seaeye Ltd
  • Oceaneering International, Inc