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. Asia-Pacific observation mini ROVs market is projected to grow by 13.1% per annum over 2019-2026 and reach $155.0 million in 2026, becoming the second largest regional market in the world.
Highlighted with 12 tables and 35 figures, this 91-page report "Asia-Pacific Observation Mini ROVs Market 2018-2026 by Application, Size, Payload Option and Country" is based on a comprehensive research of the entire Asia-Pacific observation mini ROVs 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 2015-2018, revenue estimates for 2019, and forecasts from 2020 till 2026. (Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)
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 Asia-Pacific market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify Asia-Pacific observation mini ROVs market in every aspect of the classification from perspectives of Application, Size, Payload Option, and Country.
Based on application, the Asia-Pacific market is segmented into the following sub-markets with annual capex for 2015-2026 (historical and forecast) included in each section.
• Oil & Gas Industry
• Scientific Research
• Military & Defense
• Others
Based on vehicle size, the Asia-Pacific market is segmented into the following sub-markets with annual capex for 2015-2026 (historical and forecast) included in each segment.
• Micro Observation ROVs
• Mini Observation ROVs
Based on payload option, the Asia-Pacific market is analyzed on the following segments with annual capex for 2015-2026 (historical and forecast) included in each section.
• Observation Mini ROVs without Payloads
• Observation Mini ROVs with Payloads
Geographically, the following national markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC
For each of the aforementioned countries, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of key national markets by Vehicle Size and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Asia-Pacific 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 identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players:
AC-CESS
CISCREA
Deep Ocean Engineering, Inc.
Deep Sea Systems International
Deep Trekker Inc
Helix Energy Solutions
Hydrovision Ltd.
International Submarine Engineering (ISE) Ltd.
MarineNav Ltd.
Ocean Modules Sweden
Outland Technology, Inc.
SeaBotix, Inc.
Subsea Tech
VideoRay LLC
(Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)
Table of Contents
1 Introduction 5
1.1 Industry Definition and Research Scope 5
1.1.1 Industry Definition 5
1.1.2 Research Scope 6
1.2 Research Methodology 7
1.2.1 Overview of Market Research Methodology 7
1.2.2 Market Assumption 8
1.2.3 Secondary Data 8
1.2.4 Primary Data 8
1.2.5 Data Filtration and Model Design 9
1.2.6 Market Size/Share Estimation 10
1.2.7 Research Limitations 11
1.3 Executive Summary 12
2 Market Overview and Qualitative Analysis 14
2.1 Market Size and Forecast 14
2.2 Major Growth Drivers 16
2.3 Market Restraints and Challenges 19
2.4 Emerging Opportunities and Market Trends 22
2.5 Porter's Fiver Forces Analysis 25
3 Analysis of Asia-Pacific Market by Application 29
3.1 Market Overview by Application 29
3.2 Observation Mini ROVs for Oil & Gas Industry: Asia-Pacific Market 2015-2026 31
3.3 Observation Mini ROVs for Military & Defense: Asia-Pacific Market 2015-2026 34
3.4 Observation Mini ROVs for Scientific Research: Asia-Pacific Market 2015-2026 36
3.5 Observation Mini ROVs for Other Applications: Asia-Pacific Market 2015-2026 38
4 Analysis of Asia-Pacific Market by ROV Size 40
4.1 Market Overview by ROV Size 40
4.2 Asia-Pacific Micro Observation ROVs Market 2015-2026 43
4.3 Asia-Pacific Mini Observation ROVs Market 2015-2026 44
5 Analysis of Asia-Pacific Market by Payload Option 45
5.1 Market Overview by Payload Option 45
5.2 Observation Mini ROVs without Payloads 47
5.3 Observation Mini ROVs with Payloads 49
6 Asia-Pacific Market 2015-2026 51
6.1 Overview of Asia-Pacific Market 51
6.2 Japan 54
6.3 China 56
6.4 South Korea 58
6.5 Australia 59
6.6 India 61
6.7 Rest of APAC Region 62
7 Competitive Landscape 63
7.1 Overview of Asia-Pacific Vendors 63
7.2 Company Profiles 66
8 Investing in Asia-Pacific Market: Risk Assessment and Management 85
8.1 Risk Evaluation of Asia-Pacific Market 85
8.2 Critical Success Factors (CSFs) 88
RELATED REPORTS AND PRODUCTS 91
List of Tables:
Table 1. Snapshot of Asia-Pacific Observation Mini ROVs Market, 2018-2026 13
Table 2. Main Product Trends and Market Opportunities in Asia-Pacific Observation Mini ROVs Market 22
Table 3. Comparison of Micro and Mini Observation ROVs 41
Table 4. Japan Observation Mini ROVs Market by Application, 2018-2026, $ mn 55
Table 5. Japan Observation Mini ROVs Market by Vehicle Size, 2018-2026, $ mn 55
Table 6. China Observation Mini ROVs Market by Application, 2018-2026, $ mn 57
Table 7. China Observation Mini ROVs Market by Vehicle Size, 2018-2026, $ mn 57
Table 8. Australia Observation Mini ROVs Market by Application, 2018-2026, $ mn 60
Table 9. Australia Observation Mini ROVs Market by Vehicle Size, 2018-2026, $ mn 60
Table 10. Specification Comparison of Ocean Modules Sweden's Main Products 78
Table 11. Risk Evaluation for Investing in Asia-Pacific Market, 2018-2026 86
Table 12. Critical Success Factors and Key Takeaways 89
List of Figures:
Figure 1. Research Method Flow Chart 7
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 10
Figure 3. Asia-Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 12
Figure 4. Asia-Pacific Observation Mini ROVs Market by Capex, 2015-2026, $ mn 14
Figure 5. Primary Drivers and Impact Factors of Asia-Pacific Observation Mini ROVs Market 16
Figure 6. Primary Restraints and Impact Factors of Asia-Pacific Observation Mini ROVs Market 19
Figure 7. Porter's Fiver Forces Analysis of Asia-Pacific Observation Mini ROVs Market 25
Figure 8. Breakdown of Asia-Pacific Observation Mini ROVs Market by Application, 2018-2026, % of Capex 30
Figure 9. 2015-2026 Capex Growth Rates of Asia-Pacific Sub-markets by Application 30
Figure 10. Asia-Pacific Market of Observation Mini ROVs for Oil & Gas Industry by Capex, 2015-2026, $ mn 32
Figure 11. Global Population, GDP and Energy Demand, 1990-2030 32
Figure 12. Global Oil & Gas Offshore and Deepwater Production, 1970-2020 33
Figure 13. Asia-Pacific Market of Observation Mini ROVs for Military & Defense by Capex, 2015-2026, $ mn 35
Figure 14. Asia-Pacific Market of Observation Mini ROVs for Scientific Research by Capex, 2015-2026, $ mn 37
Figure 15. Asia-Pacific Market of Observation Mini ROVs for Other Applications by Capex, 2015-2026, $ mn 39
Figure 16. Example Picture of Observation ROVs 41
Figure 17. Breakdown of Asia-Pacific Observation Mini ROVs Market by ROV Size, 2018-2026, % of Capex 42
Figure 18. 2015-2026 Capex Growth Rates of Asia-Pacific Sub-markets by ROV Size 42
Figure 19. Asia-Pacific Market of Micro Observation ROVs, 2015-2026, $ mn 43
Figure 20. Asia-Pacific Market of Mini Observation ROVs, 2015-2026, $ mn 44
Figure 21. Breakdown of Asia-Pacific Observation Mini ROVs Market by Payload Option, 2018-2026, % of Capex 46
Figure 22. 2015-2026 Capex Growth Rates of Asia-Pacific Sub-markets by Payload Option 46
Figure 23. Asia-Pacific Market of Observation Mini ROVs without Payloads, 2015-2026, $ mn 47
Figure 24. Summary of Observation ROVs 48
Figure 25. Asia-Pacific Market of Observation Mini ROVs with Payloads, 2015-2026, $ mn 50
Figure 26. Summary of Observation ROVs with Payload Option 50
Figure 27. Breakdown of APAC Observation Mini ROVs Market by Country, 2018 and 2026, % of Capex 52
Figure 28. 2015-2026 Capex Growth Rates of National Markets in APAC 52
Figure 29. Observation Mini ROVs Market in Japan by Capex, 2015-2026, $ mn 54
Figure 30. Observation Mini ROVs Market in China by Capex, 2015-2026, $ mn 56
Figure 31. Observation Mini ROVs Market in South Korea by Capex, 2015-2026, $ mn 58
Figure 32. Observation Mini ROVs Market in Australia by Capex, 2015-2026, $ mn 59
Figure 33. Observation Mini ROVs Market in India by Capex, 2015-2026, $ mn 61
Figure 34. Observation Mini ROVs Market in Rest APAC by Capex, 2015-2026, $ mn 62
Figure 35. Growth Stage of Asia-Pacific Observation Mini ROV Industry over the Forecast Period 63
Market Overview
The Asia Pacific Vanadium Market is poised for substantial growth from 2024 to 2034, driven by increasing demand across various industries and technological advancements in vanadium production. The market is projected to reach USD XX.XX billion by 2034, growing at a comp...
Market Overview
The Asia Pacific Vascular Closure Devices Market is anticipated to experience substantial growth from 2024 to 2034. The market's expansion is fueled by advancements in vascular closure technologies, increasing prevalence of cardiovascular diseases, and the growing adopti...
Market Overview
The Asia Pacific Nuclear Medicine Market is poised for significant growth from 2024 to 2034, driven by advancements in nuclear imaging technologies, increased application in various medical fields, and rising healthcare investments across the region. The market is expect...
Market Overview
The Asia Pacific Anti-Pollution Mask Market is set to experience substantial growth from 2024 to 2034. Starting with a market valuation of USD XX.XX billion in 2024, it is projected to reach USD XX.XX billion by 2034, reflecting a significant compound annual growth rate ...
Market Overview
The Asia Pacific Ethnic Wear Market is anticipated to experience robust growth from 2024 to 2034. Starting with a market valuation of USD XX.XX billion in 2024, it is projected to surge to USD XX.XX billion by 2034, reflecting a strong compound annual growth rate (CAGR) ...
Market Overview
The Asia Pacific FinTech Investment Market is poised for significant expansion from 2024 to 2034. With an initial valuation of USD XX.XX billion in 2024, the market is forecasted to reach USD XX.XX billion by 2034, reflecting a robust compound annual growth rate (CAGR) o...
Market Overview
The Asia Pacific Airport Asset Tracking Market is anticipated to witness significant growth from 2024 to 2034, propelled by the increasing need for efficient asset management and operational visibility in the aviation sector. The market is projected to reach USD XX.XX bi...
Market Overview
The Asia Pacific Sustainable Aviation Fuel Market is positioned for substantial growth from 2024 to 2034, driven by escalating environmental regulations, increasing corporate sustainability initiatives, and a growing emphasis on reducing aviation carbon emissions. The ma...
The Social Media Mini dramas Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufactur...
Market Overview
The Asia Pacific Integrated Facility Management Market is projected for substantial growth from 2024 to 2034. Valued at USD XX.XX billion in 2024, the market is anticipated to reach USD XX.XX billion by 2034, reflecting a robust compound annual growth rate (CAGR) of XX.X...