"Actionable Insights to Fuel Your Growth"

Offshore AUV & ROV Market Size, Share and Global Trend By Product(Autonomous Underwater Vehicle (AUV) & Remotely Operated Vehicle), By Propulsion(Electric System, Mechanical System, Hybrid System), By Application(Drilling and Well Completion Support, Construction Support, and others), and Regional Forecast, 2024-2032

Region : | Report ID: FBI100432 | Status : Ongoing



Humanity’s dependence on fossil fuel and oil-based products continue to grow despite the developing green energy technologies and their implementation in our daily life. Therefore, to meet the demand of hydrocarbons geologist turned to offshore activities. Autonomous underwater vehicle (AUV) is untethered underwater robotic vehicle primarily used to survey seafloors before subsea infrastructures are built. The autonomous underwater vehicle has a computer on board that works with intelligent distributed control technology to steer the AUV and collect the oceanographic data.

In remotely operated vehicle a network of cables is used to establish the connection between operator and ROV i.e. it is tethered through cables. An underwater ROV is well equipped with modern technology and a lighting system with a video camera to conduct regular pipeline inspection and contribute to geology education and sea life learning.

To gain extensive insights into the market, Request for Customization

The offshore AUV and ROV market for oil and gas is classified on the basis of Product & Propulsion. ROV and AUV can be propelled by an electric system in which a battery is used to supply power whereas in mechanical system traditional internal combustion (IC) engine is used. When an electric system is coupled with a mechanical system then it is termed as a hybrid system and is used where there are strict pollution norms. According to the purpose of a wide array of application different product of AUV and ROV is employed.

AUV and ROV are equipped with modern technology to monitor the seabed, inspect oil pipeline, observe oceanography for sea learning which is expected to grow the market of AUV and ROV. It finds a broad application in defense, offshore activities, research, and airplanes crash investigation which drives the market for offshore AUV and ROV. The deepwater monitoring of seabed requires highly autonomous and advanced sensors which increase the surveillance cost which in turn restraint the growth of the offshore AUV and ROV market.


The leading companies in offshore ROV and AUV are Subsea 7, Fugro NV, Bluefin Robotics, Atlas Elektonik, Kongsberg Maritime, Teledyne Technologies, Birns Inc, International Submarine Engineering Ltd., DOF ASA, Stapem Offshore, Oceaneering International, Technip FMC, Deep Ocean Group, and Saipem S.p.A.




By Product

·      Autonomous Underwater Vehicle (AUV)

Ø  Man-Portable

Ø  Large Vehicle

Ø  Light Weight Vehicle (LWV)

Ø  Heavy Weight Vehicle (HWV)

·      Remotely Operated Vehicle

Ø  Small Vehicle

Ø  Work-Class Vehicle

Ø  Heavy Work-Class Vehicle

Ø  High Capacity Electric Vehicle

By Propulsion

·      Electric System

·      Mechanical System

·      Hybrid System

By Application

·      Drilling and Well Completion Support

·      Construction Support

·      Inspection, Repair and Maintenance Service

·      Subsea Engineering Services

·      Remote Subsea Intervention Tooling Design and Build

·      Others

By Geography

·      North America (USA and Canada)

·      Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

·      Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

·      Latin America (Brazil, Mexico and Rest of Latin America)

·      Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)


The global offshore AUV and ROV market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In North America, USA is dominating the AUV and ROV market as it was first invented in the University of Washington. Countries are allocating heavy budgets for national security and developing merchant ships and submarines for monitoring subsea areas. Also, companies are heavily investing in offshore drilling activities for the exploration of hydrocarbon increasing the growth of AUV and ROV in North America. The presence of developed countries such as the UK, Russia, Italy, France, etc. in Europe along with enormous offshore exploration will increase the market of AUV and ROV in the region. The Asia Pacific has a high potential of the market due to heavy investment and strong presence among economies like India and China. China is considered as one the top manufacturer of hydrocarbon in the world and companies are extensively investing in offshore drilling to meet the market demand. India and China having the strongest defense budget allocation for securing their respective sea region which is expected the growth of the AUV and ROV market in the Asia Pacific.


  • In February 2019, Stapem offshore announced the acquisition of the Film Ocean which operates a fleet of ROV utilized in the oil and gas. The company said acquisition of Film Ocean will support the company’s long term plans for growth in the new and existing market.  

  • In February 2019, Petrobras has awarded a long term contract for three ROV Support Vessels (RS) to DOF ASA.

  • In January 2019, Ocean Power Technology and Saab Seaeye have made a joint agreement for development and marketing of AUV & ROV in terms of providing cost-effective power and communication solution.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

The Japan Research

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.