The World ROV Market Report
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The World ROV Market Report


The World ROV Market Report
The World ROV Market Report

The World ROV Market Report from industry analysts Douglas-Westwood forecasts that following a softening of expenditure throughout 2009 a significant increase in work-class activity will occur over the period 2010-2014. The report is geared to the needs of the senior executive and assumes no previous reader knowledge of the subject area. The study describes the development of the industry and gives many examples of the various types of ROVs and the technologies involved.

The World ROV Market Report 2010-2014 identifies 2009 expenditure on ROV services in the global work-class market at $1.7 billion. The report forecasts rapid recovery and expenditure from a 2009 low, growing to $3.2 billion by 2014. Increase in ROV demand and the attrition of the existing fleet will require over 550 new work-class units over the next five years – driven by the industry’s push into deepwater and the increased necessity of work-class ROVs in today’s industry.

The report identifies and charts key underlying drivers and defines their influence on the global work-class ROV market, including global energy demand, oil supply, production profiles, offshore expenditure, drilling activity, rig availability, deepwater & subsea expenditure and innovative subsea processing technologies.

The report considers recent developments in the market and identifies key consolidation of work-class ROV operators. Fleet ownership and appendices outline significant companies, both vehicle operators and technology providers. Individual sections discuss the fundamental technologies of positioning and obstacle avoidance; main ROV components such as umbilical cables, tooling, survey sensors, cameras and manipulators.


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