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ROV Companies (2024 - 2029)

There are numerous companies within the industry that are making significant strides in their respective fields. These corporations are constantly innovating, developing new technologies and solutions to meet the evolving needs of their customers. From energy solutions to subsea technologies, these businesses are at the forefront of their industries. Despite facing various challenges, these firms continue to push the boundaries, demonstrating their resilience and commitment to excellence.

Home Market Analysis Energy & Power Research Oil and Gas Research Upstream Research Offshore AUV and ROV Research ROV Research Remotely Operated Vehicles Industry Companies

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Team License

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Corporate License

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Top Companies in ROV Market

This report lists the top ROV companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the ROV industry.

  1. DeepOcean AS

  2. DOF Subsea AS

  3. Oceaneering International Inc.

  4. TechnipFMC PLC

  5. Helix Energy Solutions Group Inc.

*Disclaimer: Top companies sorted in no particular order

ROV Market Major Players

ROV Market Concentration

ROV Market Concentration

ROV Company List

  1. 1. INTRODUCTION

    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions

  2. 2. EXECUTIVE SUMMARY

  3. 3. RESEARCH METHODOLOGY

  4. 4. MARKET OVERVIEW

    1. 4.1 Introduction

    2. 4.2 Market Size and Demand Forecast in USD billion, till 2029

    3. 4.3 Recent Trends and Developments

    4. 4.4 Government Policies and Regulations

    5. 4.5 Market Dynamics

      1. 4.5.1 Drivers

        1. 4.5.1.1 Increasing Offshore Oil & Gas Exploration Activities in the Americas, Asia-Pacific, and Middle East and Africa

        2. 4.5.1.2 Growing Offshore Renewable Technologies

      2. 4.5.2 Restraints

        1. 4.5.2.1 Ban on Offshore Exploration and Production Activities in Multiple Regions

    6. 4.6 Supply Chain Analysis

    7. 4.7 Porter's Five Forces Analysis

      1. 4.7.1 Bargaining Power of Suppliers

      2. 4.7.2 Bargaining Power of Consumers

      3. 4.7.3 Threat of New Entrants

      4. 4.7.4 Threat of Substitute Products and Services

      5. 4.7.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Work Class ROV

      2. 5.1.2 Observatory Class ROV

    2. 5.2 Application

      1. 5.2.1 Oil and Gas

      2. 5.2.2 Defense

      3. 5.2.3 Other Applications

      4. 5.2.4 Deep Sea Marine Exploration

    3. 5.3 Activity

      1. 5.3.1 Survey

      2. 5.3.2 Inspection, Repair, and Maintenance

      3. 5.3.3 Burial and Trenching

      4. 5.3.4 Other Activities

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Rest of North America

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 Denmark

        3. 5.4.2.3 Norway

        4. 5.4.2.4 United Kingdom

        5. 5.4.2.5 Italy

        6. 5.4.2.6 NORDIC

        7. 5.4.2.7 Russia

        8. 5.4.2.8 France

        9. 5.4.2.9 Turkey

        10. 5.4.2.10 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 India

        3. 5.4.3.3 Japan

        4. 5.4.3.4 Australia

        5. 5.4.3.5 Thailand

        6. 5.4.3.6 Malaysia

        7. 5.4.3.7 Indonesia

        8. 5.4.3.8 Vietnam

        9. 5.4.3.9 Rest of Asia-Pacific

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Colombia

        4. 5.4.4.4 Rest of South America

      5. 5.4.5 Middle East and Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 United Arab Emirates

        3. 5.4.5.3 Nigeria

        4. 5.4.5.4 South Africa

        5. 5.4.5.5 Qatar

        6. 5.4.5.6 Egypt

        7. 5.4.5.7 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 DeepOcean AS

      2. 6.3.2 DOF Subsea AS

      3. 6.3.3 Helix Energy Solutions Group Inc.

      4. 6.3.4 TechnipFMC PLC

      5. 6.3.5 Bourbon Corporation SA

      6. 6.3.6 Fugro NV

      7. 6.3.7 Oceaneering International Inc.

      8. 6.3.8 Saab Seaeye Limited

      9. 6.3.9 Forum Energy Technologies Inc.

      10. 6.3.10 Saipem SpA

      11. 6.3.11 Delta SubSea LLC

      12. 6.3.12 ROVOP

    4. *List Not Exhaustive

    5. 6.4 List of Other Prominent Players

    6. 6.5 Market Ranking/Share (%) Analysis

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Ongoing Deepwater and Ultra-deepwater Oil and Gas Discoveries


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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

ROV Market Companies Summary

The global ROV market is seeing a surge in demand due to increasing offshore oil and gas exploration activities, particularly in regions such as the Americas, Asia-Pacific, and Middle-East & Africa. The growth in offshore renewable technologies is also contributing to the market expansion. However, the ban on offshore exploration and production activities in certain regions may impede market growth. Despite this, opportunities for ROV deployment are expected to rise due to ongoing deepwater, ultra-deepwater oil and gas discoveries, and shale gas explorations. The ROV market is also witnessing a rise in the capital expenditure in the offshore industry, increasing the demand for various advanced technologies, tools, and equipment. This includes ROVs, which ease the maintenance and inspection work in the offshore sector. Additionally, the offshore E&P operators are expected to increase their investment, which is likely to boost the demand for ROVs. The introduction of remote-operated vehicles for underwater safety inspections by major oil companies also indicates the growing demand for ROVs in the sector. The rapid growth in offshore oil, gas, and energy operations is expected to drive the demand for ROVs in the coming years.

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ROV Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Strategies Adopted by Leading Players

    3. 1.3 Company Profiles

      1. 1.3.1 DeepOcean AS

      2. 1.3.2 DOF Subsea AS

      3. 1.3.3 Helix Energy Solutions Group Inc.

      4. 1.3.4 TechnipFMC PLC

      5. 1.3.5 Bourbon Corporation SA

      6. 1.3.6 Fugro NV

      7. 1.3.7 Oceaneering International Inc.

      8. 1.3.8 Saab Seaeye Limited

      9. 1.3.9 Forum Energy Technologies Inc.

      10. 1.3.10 Saipem SpA

      11. 1.3.11 Delta SubSea LLC

      12. 1.3.12 ROVOP

    4. *List Not Exhaustive

    5. 1.4 List of Other Prominent Players

    6. 1.5 Market Ranking/Share (%) Analysis

ROV Companies FAQs

DeepOcean AS, DOF Subsea AS, Oceaneering International Inc., TechnipFMC PLC and Helix Energy Solutions Group Inc. are the major companies operating in the ROV Market.

ROV Market Report Snapshots

ROV Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)