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AUV & ROV Market

Global AUV & ROV Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Propulsion Coverage, By End-user Industry Coverage, By Geographic Coverage and By Company)

Published Date: Mar 2023 | Format: | No. of Pages: 195

Industry: Energy & Natural Resources | Author Name: Harshad

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Report Description Research Methodology

FAQ : AUV & ROV Market

Global AUV & ROV market is anticipated to reach US$7 Bn by 2030 end.

Global top 5 players in AUV & ROV include SUBSEA7, Oceaneering International, Inc., Technip fmc, Saab AB, and Fugro.

In 2022, the market in Middle East and Africa constituted 28.2% of the global AUV & ROV market by value. Asia Pacific is expected to register a CAGR of 8.2% from 2023-2030.

In terms of propulsion, hybrid & electric systems dominated the market in 2022. In terms of end-use industry, oil and gas industry constituted more than 50% share of the global AUV & ROV market in 2022.

The market faced the wrath during COVID-19 pandemic. There has been a significant fall in underwater exploration and maintenance projects.
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