Table of Contents
Unmanned underwater vehicles are of two types Autonomous Underwater Vehicles and Remotely Operated Vehicles, main difference being that AUV does not require continuous human interference or control and operates according to the pre-programmed instructions while the ROV is controlled via an umbilical cord. Defense and government, academic and scientific research, commercial activity and retrieval systems are the major application where unmanned underwater vehicles are used.
The CAGR for the unmanned underwater vehicles market for the period 2015-2020 is estimated to be around 11%. Operations and sales market for Remotely Operated Vehicles and Autonomous Underwater Vehicles is also studied and estimated in the report. The Unmanned underwater vehicles market for different geographical regions considering key economies is provided. CAGR for AUV and ROV for the geographic regions are estimated.The report considers all the major manufacturers and operators of the Remotely Operated Vehicles. Oceaneering International Inc is the major manufacturer and operator of ROVs with a fleet ownership of 332 ROV to its name. Subsea7 has the second largest ownership of the Remotely Operated Vehicles; it has about 175 ROV in its fleet. The Market share of top 10 companies is also provided in the report. UUV market is consolidated industry and it can be prominently seen that very few companies occupy a large portion of market. Most of the top revenue generating companies manufacture underwater vehicle in house and use it for operations in subsea as per the contract requirement.
Offshore oil and gas industry heavily depends on these vessels in deep waters for various exploration and upstream processes. Commercial Exploration in the ocean depths for oil, gas and minerals is a relatively recent activity. Since deep and ultra-deep oceans still remain to be an unexplored part of the planet, tremendous increase in the underwater activity can be foreseen in the near future.
Some Prominent Players Are:
Oceaneering International Inc.
Deep Ocean Engineering
FMC Schilling Robotics LLC
Bluefin Corp and others.
Some prominent explorers and operators are:
Monterey Bay Aquarium Research Institute
Hibbard Inshore LLC
Saipem America and others.
Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.
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