Global Offshore AUV & ROV Market Forecast 2026

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

GLOBAL OFFSHORE AUV & ROV MARKET

FORECAST & OPPORTUNITIES

2016 – 2026

2

Scope of ReportProduct of Interest (POI): Offshore AUV & ROV

Review Period

2016 – 2019

Base Year

2020

Estimated Year

2021

Forecast Period

2022 – 2026

Year RangePRODUCT TYPE

• AUV

• ROV

REGION

• North America

• South America

• Asia Pacific

• Europe

• Middle East & Africa

Autonomous Underwater Vehicles (AUVs) and Remotely Operated Vehicles (ROVs) are used forinspection, maintenance, and repair of offshore equipment. AUVs and RUVs are used in deepsubsea regions where environmental conditions are very harsh and monitoring and interventionin offshore equipment is extremely challenging.

Market Segmentation

PROPULSION TYPE

• Hybrid System

• Electric System

• Mechanical System

• Others

APPLICATION

• Drilling & Well Completion Support

• Construction Support

• Inspection, Repair & Maintenance

Service

• Subsea Engineering Services & Remote

Subsea Intervention Tooling Design

• Others

DEPTH

• Less Than 5,000 Feet

• 5,000–10,000 Feet

• Above 10,000 Feet

END USER

• Oil & Gas

• Defense

• Commercial

• Scientific Research

• Others

3

Table of Contents

S. No. Contents

1. Product Overview (Definition of product and major terminologies used in the report)

2.Research Methodology (Detailed description of the methodology used to conduct the research,Raw data backup, list of all secondary sources, List of respondents for primary surveys)

3. Executive Summary

4. Voice of Customer

5. Impact of COVID-19 on Global Offshore AUV & ROV Market

6.

Global Offshore AUV & ROV Market Outlook (This chapter includes a brief overview of the product of interest market such as total market’s growth rate, expected growth rate, key growth levers, leading region, top grossing product types, etc. It includes more of a qualitative information about the market.)

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, Others)

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, Others)

6.2.5. By End User (Oil & Gas, Defense, Commercial, Scientific Research)

6.2.6. By Company (2020)

6.2.7. By Region

4

Table of Contents

S. No. Contents

6.3. Product Market Map

7. Asia-Pacific Offshore AUV & ROV Market Outlook


7.1.1. By Value


7.2.1. By Product Type

7.2.2. By Propulsion System

7.2.3. By Depth

7.2.4 By Application

7.2.5. By End User

7.2.6. By Country

7.3. China Offshore AUV & ROV Market Outlook

7.3.1. Market Size & Forecast

7.3.1.1. By Value

7.3.2. Market Share & Forecast

7.3.2.1. By Product Type

7.3.2.2. By Propulsion System

7.3.2.3. By Depth

7.3.2.4. By Application

7.3.2.5. By End User

5

Table of Contents

S. No. Contents

7.4. India Offshore AUV & ROV Market Outlook


7.4.1.1. By Value




7.4.2.3. By Depth



7.5. Japan Offshore AUV & ROV Market Outlook


7.5.1.1. By Value




7.5.2.3. By Depth



6

Table of Contents

S. No. Contents

7.6. South Korea Offshore AUV & ROV Market Outlook


7.6.1.1. By Value




7.6.2.3. By Depth



8. Europe Offshore AUV & ROV Market Outlook


8.1.1. By Value




8.2.3. By Depth

8.2.4. By Application

8.2.5. By End User

8.2.6. By Country

8.3. France Offshore AUV & ROV Market Outlook


7

Table of Contents

S. No. Contents

8.3.1.1. By Value




8.3.2.3. By Depth



8.4. Germany Offshore AUV & ROV Market Outlook


8.4.1.1. By Value




8.4.2.3. By Depth



8.5. Italy Offshore AUV & ROV Market Outlook


8.5.1.1. By Value


8

Table of Contents

S. No. Contents



8.5.2.3. By Depth



8.6. United Kingdom Offshore AUV & ROV Market Outlook


8.6.1.1. By Value




8.6.2.3. By Depth



8.7. Spain Offshore AUV & ROV Market Outlook


8.7.1.1. By Value




8.7.2.3. By Depth

9

Table of Contents

S. No. Contents



9. North America Offshore AUV & ROV Market Outlook


9.1.1. By Value




9.2.3. By Depth


9.2.5. By End User

9.2.6. By Country (United States, Mexico, Canada)

9.3. United States Offshore AUV & ROV Market Outlook


9.3.1.1. By Value




9.3.2.3. By Depth



10

Table of Contents

S. No. Contents

9.4. Mexico Offshore AUV & ROV Market Outlook


9.4.1.1. By Value




9.4.2.3. By Depth



9.5. Canada Offshore AUV & ROV Market Outlook


9.5.1.1. By Value




9.5.2.3. By Depth



11

Table of Contents

S. No. Contents

10. South America Offshore AUV & ROV Market Outlook


10.1.1. By Value




10.2.3. By Depth


10.2.5. By End User

10.2.6. By Country

10.3. Brazil Offshore AUV & ROV Market Outlook


10.3.1.1. By Value


10.3.2.1.By Product Type

10.3.2.2.By Propulsion System

10.3.2.3. By Depth

12

Table of Contents

S. No. Contents



10.4. Argentina Offshore AUV & ROV Market Outlook


10.4.1.1. By Value




10.4.2.3. By Depth



10.5. Colombia Offshore AUV & ROV Market Outlook


10.5.1.1. By Value




10.5.2.3. By Depth

13

Table of Contents

S. No. Contents



11. Middle East and Africa (MEA) Offshore AUV & ROV Market Outlook


11.1.1. By Value




11.2.3. By Depth

11.2.4. By Application

11.2.5. By End User

11.2.6. By Country

11.3. South Africa Offshore AUV & ROV Market Outlook


11.3.1.1 By Value




11.3.2.3. By Depth


14

Table of Contents

S. No. Contents


11.4. Saudi Arabia Offshore AUV & ROV Market Outlook


11.4.1.1. By Value




11.4.2.3. By Depth



11.5. UAE Offshore AUV & ROV Market Outlook


11.5.1.1. By Value




11.5.2.3. By Depth



15

Table of Contents

S. No. Contents

12. Market Dynamics (This chapter assesses the major demand drivers and restraints.)

12.1. Drivers

12.2. Challenges

13.Market Trends & Developments(This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development)

14. Competitive Landscape

14.1. Competition Outlook

14.2. Company Profiles (Leading Companies)

14.2.1. Company Details

14.2.2. Products & Services

14.2.3. Financials (As Reported)

14.2.4. Key Market Focus & Geographical Presence

15.Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share)

16. About Us & Disclaimer

14.2.5. Recent Developments

14.2.6. Key Management Personnel

RESEARCH METHODOLOGY

17

Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing list of respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in the global offshore AUV &

ROV market, overall market size and segmental

market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about the global offshore AUV &

ROV Market.

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

18


Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the global offshore AUV & ROV market. The team has

analyzed the outlook of various segments of this market, while considering the major influencing factors. The study includes market

forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global offshore

AUV & ROV market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive

secondary research and primary surveys, with various key opinion leaders/stakeholders, such as offshore AUV & ROV companies, channel

partners, market influencers & end users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 offshore AUV & ROV companies, 100 – 120 end users, and 15 – 20 Industry experts and other value

chain stakeholders in the global offshore AUV & ROV market to obtain the overall market size from 2016-2020, which was validated by the

Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data from

2016-2020.

19


• Respondents were asked about the current and future market growth rates, market shares by product type, by propulsion system, by depth,

by application, by end user, by each region. Removing the outlier responses, the geometric mean of growth estimates and provider wise

revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across

various segments were further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market shares by product type, by propulsion system, by depth, by application, by end user, by region and by company were calculated

based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market

shares or revenue generated from various component of offshore AUV & ROV. The final shares were calculated by taking the geometric

mean of the responses gathered from key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global

offshore AUV & ROV market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

20


TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research

also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It

should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the

United States Dollar (USD), with the market size indicated in USD million.

Partial List of Companies Interviewed Key Secondary Sources

▪ Subsea 7 Inc.

▪ SAAB AB

▪ Fugro NV

▪ Ocean Engineering Ltd

▪ Bluefin Robotics

▪ Atlas Electronik GmbH

▪ Kongsberg Maritime

▪ Deep Ocean Group

▪ Saipem S.p.A.

▪ Teledyne Technologies

▪ BIRNS Inc.

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

21

Industry Brief

According to recently released TechSci Research report “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 is forecast to grow at a CAGR of 11.48% in value terms to reach USD7.03 billion by 2026. The exceptional services offered by autonomous

underwater vehicle (AUV) as well as remotely operated vehicles (ROV) have created a huge demand for these vehicles across the world. Moreover, the

excessive use of fossil fuels has led to an increasing adoption of AUV and ROV among end users. In addition to this, the rising demand for hydrocarbons has

encouraged companies to focus on offshore drilling activities, to enhance green energy and role of AUVs in studying seafloors before construction of subs-seas

infrastructure has thus fuelled 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 in the forecast period. And the ever-increasing demand

for oil and gas and near exhaustion of near-shore and onshore reserves have necessitated the exploration of deep-water reserves. This is leading to the

increasing employment of high technology based remotely operated vehicles (ROVs) that can tap reserves buried thousands of meters deep in the ocean floor.

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. Work class vehicles is the product type segment contributing to the largest market share in the remotely operated

vehicles market. Work class vehicles that weigh about 700 kg are known as light work class ROVs. These vehicles are used in engineering and scientific

research to capture, measure, construct or conceal items underwater. The maximum depth range for light work class ROVs is between 4,000 and 6,000 meters.

Work class ROVs with robotic arm manipulators are used to grasp objects, pumps, and brushes for cleaning operations as well as for underwater pipeline or

deep-water rig construction. The electronic instruments used in work class ROVs include underwater cameras and lights; acoustic positioning instruments;

Conductivity, Temperature, and Depth (CTD) recording instruments; tracking systems; and side-scan, bottom scan, and multi-beam sonar.

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 fuelled 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.

Oceaneering International. Inc, Fugro, DOF Subsea, Helix Energy Solutions, Subsea 7. Inc, SaaB AB, Bluefin Robotics, Atlas Electronik, Kongsberg Maritime,

Deep Ocean Group, Saipem S.p.A, Teledyne Technologies, are some of the companies operating in the offshore AUV & ROV market.

“The electric system accounted for largest market share of 37.86% in 2020 and is expected to dominate the market by 2026 with a share of 38.72%. Electric

systems contain lithium-ion batteries that are used in ROVs and these batteries are useful for increased endurance and greater operating range. Moreover,

these batteries are commonly used in combination with other propulsion systems for improving the efficiency and reliability of ROVs. High thrust to weight ratio,

excellent reliability in operations, ability to fit a battery for tether-less operations, and environment friendly are some of the benefits of an electric propulsion

system. Additionally, technological advancement in AUV & ROV propulsion system, ongoing research activities on marine science, and the launch of efficient

electric propulsion systems are the factors that have boosted the adoption of electric propulsion.”, said Mr. Karan Chechi, Research Director with TechSci

Research, a research based global management consulting firm.

22

Sample Data - Snapshot

Global Offshore AUV & ROV Market Size, By Value (USD Million), 2016–2026F

5.00 6.007.00 8.00

9.00 10.0011.00 12.00

13.00 14.0015.00

2016 2020 2021E 2026F

By Value (USD Million)

CAGR By Value CAGR By Value

XX% YY%

40%40%

40%

40%

40%

40%

40%

40%

40%

40%

40%

60%60%

60%

60%

60%

60%

60%

60%

60%

60%

60%

2016

2017

2018

2019

2020

2021F

2022F

2023F

2024F

2025F

2026F

AUV ROVEurope Offshore AUV & ROV Market Share, By Product Type, By Value, 2016–2026F

25%25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

2016

2017

2018

2019

2020

2021F

2022F

2023F

2024F

2025F

2026F

Hybrid System Electric System Mechanical System Others

Germany Offshore AUV & ROV Market Share, By Propulsion System, By Value, 2016–2026F

23

Report Ordering

Report Name: GLOBAL OFFSHORE AUV & ROV MARKET

FORECAST & OPPORTUNITIES2016 – 2026

To View Sample OR Purchase Report

License Type Price

Single User License $4450

Multi-User License $5450

Custom Research License $9450

https://www.techsciresearch.com/report/global-offshore-auv-rov-market/3336.html

About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in

number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The

proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’

model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

Related Reports

• India Commercial Drones Market By Type (Fixed Wing, High-Altitude Long Endurance (HALE), Unmanned Combat Aerial Vehicle (UCAV),

Medium-Altitude Long-Endurance Unmanned Aerial Vehicle (MALE) and Others), By Payload (Less than 250 gm, 250 gm - 2 kg, 2-25kg, 25-250kg,

above 250 Kg), By Application (Agriculture & Forestry, Media & Entertainment, Mapping & Monitoring and Others), By Company and By

Geography, Forecast & Opportunities, 2025

• Global Agriculture Drones Market By Type (Hardware (Fixed wing, Rotary Blade and Hybrid) and Software (Data Management, Imaging

Software, Data Analysis and Others)), By Component (Frames, Controller systems, Battery, Propulsion systems and Others), By Application

(Crop spraying, VRA and Others), By Region, By Company, Competition, Forecast & Opportunities, 2025

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considersreliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors oromissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of thisreport. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative marketsize and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – North America708 Third Avenue, Manhattan,

New York, United StatesTel: +1- 646- 360- 1656

Email: [email protected] www.techsciresearch.com

Disclaimer

TechSci Research – Europe54, Old brook, Bretton,

Peterborough, United Kingdom


TechSci Research – Asia-PacificB – 44, Sector – 57, Noida, National Capital

Region, U.P. - IndiaTel: +91-120-4523900


Marketing

Global Offshore AUV & ROV Market Forecast 2026