A new report

Building on previous versions of The World ROV Market Report, this new edition 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.

ROV technologies

The World ROV Market 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. Individual sections discuss the fundamental technologies of positioning and obstacle avoidance; main ROV components such as umbilical cables, tooling, survey sensors, cameras and manipulators.

Unique market modelling

The Douglas-Westwood ROV modelling process is comprehensive, identifying existing fleet numbers and forecasting growth through a number of industry conditions including deepwater & subsea expenditure and drillship & semi-submersible newbuild activity.

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.

Market drivers & influences

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.

Industry players & competitive landscape

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.

Introduction and Executive Summary– Overview of key report findings and underlying drivers.
Introduction to Umanned Underwater Vehicles– Overview of ROV vehicle types and their purpose.
Development and Evolution of the Unmanned Vehicle– The history and development of ROV technology and changes in markets and applications.
UUV Technology– ROV Elements, operation & control, launch & recovery systems, umbilicals & tethers, frame materials & buoyancy, propulsion & maneuvering, cameras & lights, manipulators, tooling equipment and underwater navigation & positioning.
Applications– Seabed mining, marine renewable energy, oil & gas operations, pipeline operations, subsea cables, ocean research, aquaculture, salvage, search & rescue, military & security applications.
ROV Sectors and Industries– Security & inspection, military, trenching, burial & mining, deep water research, eyeball/observation class & work class.
Macro-economic Drivers– A large number of underlying macro-economic drivers impact on the offshore oil & gas ROV industry; which are examined in detail here.
The world ROV market– Underlying macro-economic and industry-specific drivers, overview of market modelling process, global work-class ROV markets by expenditure, ROV days and units. Capital expenditure on work-class ROV manufacture. Competitive landscape and operator fleet numbers. Overview of ROV manufacturers and market shares.
Company profiles– Summary company profiles, hardware manufacturers, survey companies & vehicle operators.