How big is the ROV Market?

The ROV Market size is expected to reach USD 2.39 billion in 2024 and grow at a CAGR of 7.65% to reach USD 3.46 billion by 2029. Read More

What is the current ROV Market size?

In 2024, the ROV Market size is expected to reach USD 2.39 billion. Read More

Who are the key players in ROV Market?

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. Read More

Which is the fastest growing region in ROV Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in ROV Market?

In 2024, the North America accounts for the largest market share in ROV Market. Read More

What years does this ROV Market cover, and what was the market size in 2023?

In 2023, the ROV Market size was estimated at USD 2.21 billion. The report covers the ROV Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the ROV Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

ROV Market - Remotely Operated Vehicles - Companies, Trends & Share

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

The Report Covers Remotely Operated Vehicles (ROV) Market Size & Share. It is Segmented by Type (Work Class ROV and Observatory Class ROV), Application (Oil and Gas, Defense, and Other Applications), Activity (Survey, Inspection, Repair, and Maintenance, Burial and Trenching, and Other Activities), and Geography (North America, South America, Europe, Middle East and Africa, and Asia-Pacific). The Report Offers the Market Size and Forecasts in Revenue (USD) for all the Above Segments.

ROV Industry Overview

The ROV market is semi-fragmented. Some of the major players in the market (in no particular order) include DeepOcean AS, DOF Subsea AS, Oceaneering International Inc., Helix Energy Solutions Group Inc., and TechnipFMC PLC.