The observation mini remotely operated vehicles (ROV) is an inspection class vehicle equipped with a forward-looking high-resolution color zoom video camera. Observation ROVs include mini- and micro- unmanned vehicles with power less than 10 HP, which are used in underwater inspection, surveillance and monitoring. The evolution of ROV technology has resulted in the ever-growing application of observation mini ROVs in oil & gas industry, military/defense, scientific research and other sectors. Global total Capex (capital expenditure) of observation mini ROVs in 2025 will advance to $XXX billion, registering a CAGR of XX% between 2016 and 2025. This represents a cumulative Capex of $4.29 billion during 2017-2025 owing to a substantial adoption of observation mini ROVs with or without payloads across the globe.
Highlighted with 35 tables and 56 figures, this 124-page report “Global Observation Mini ROVs Market 2017-2025 by Application, Size, Payload Option and Region” is based on a comprehensive research of the observation mini ROVs market by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2014 and 2015, revenue estimates for 2016, and forecasts from 2017 till 2025.
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global observation mini ROVs market in every aspect of the classification from perspectives of application, vehicle size, payload option and region.
Based on application, the global observation mini ROVs market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.
- Oil & Gas Industry
- Scientific Research
- Military & Defense
Based on vehicle size, the global market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.
- Micro Observation ROVs
- Mini Observation ROVs
Based on payload option, the global market is analyzed on the following segments with annual capex in 2014-2025 provided for each segment.
- Observation Mini ROVs without Payloads
- Observation Mini ROVs with Payloads
Geographically, the following regions together with the listed national markets are fully investigated:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
- North America (U.S. and Canada)
- Latin America
- Middle East
For each of the aforementioned regions and countries, detailed analysis and data for annual capex are available for 2014-2025. The breakdown of all regional markets and some national markets by application and vehicle size over the forecast years is included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles global observation mini ROV vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global observation mini ROVs market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.