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

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 Companies - Top Company List

ROV Companies (2024 - 2029)

There are numerous companies within the industry that are making significant strides in their respective fields. These corporations are constantly innovating, developing new technologies and solutions to meet the evolving needs of their customers. From energy solutions to subsea technologies, these businesses are at the forefront of their industries. Despite facing various challenges, these firms continue to push the boundaries, demonstrating their resilience and commitment to excellence.

Top Companies in ROV Market

This report lists the top ROV companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the ROV industry.

DeepOcean AS
DOF Subsea AS
Oceaneering International Inc.
TechnipFMC PLC
Helix Energy Solutions Group Inc.

*Disclaimer: Top companies sorted in no particular order

ROV Market Concentration

ROV Company List

DeepOcean AS
DOF Subsea AS
Helix Energy Solutions Group Inc.
TechnipFMC PLC
Bourbon Corporation SA
Fugro NV
Oceaneering International Inc.
Saab Seaeye Limited
Forum Energy Technologies Inc.
Saipem SpA
Delta SubSea LLC
ROVOP

Specific to ROV Market

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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

ROV Market Companies Summary

The global ROV market is seeing a surge in demand due to increasing offshore oil and gas exploration activities, particularly in regions such as the Americas, Asia-Pacific, and Middle-East & Africa. The growth in offshore renewable technologies is also contributing to the market expansion. However, the ban on offshore exploration and production activities in certain regions may impede market growth. Despite this, opportunities for ROV deployment are expected to rise due to ongoing deepwater, ultra-deepwater oil and gas discoveries, and shale gas explorations. The ROV market is also witnessing a rise in the capital expenditure in the offshore industry, increasing the demand for various advanced technologies, tools, and equipment. This includes ROVs, which ease the maintenance and inspection work in the offshore sector. Additionally, the offshore E&P operators are expected to increase their investment, which is likely to boost the demand for ROVs. The introduction of remote-operated vehicles for underwater safety inspections by major oil companies also indicates the growing demand for ROVs in the sector. The rapid growth in offshore oil, gas, and energy operations is expected to drive the demand for ROVs in the coming years.

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ROV Companies - Table of Contents

1. COMPETITIVE LANDSCAPE
1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
2. 1.2 Strategies Adopted by Leading Players
3. 1.3 Company Profiles
  1. 1.3.1 DeepOcean AS
  2. 1.3.2 DOF Subsea AS
  3. 1.3.3 Helix Energy Solutions Group Inc.
  4. 1.3.4 TechnipFMC PLC
  5. 1.3.5 Bourbon Corporation SA
  6. 1.3.6 Fugro NV
  7. 1.3.7 Oceaneering International Inc.
  8. 1.3.8 Saab Seaeye Limited
  9. 1.3.9 Forum Energy Technologies Inc.
  10. 1.3.10 Saipem SpA
  11. 1.3.11 Delta SubSea LLC
  12. 1.3.12 ROVOP
4. *List Not Exhaustive
5. 1.4 List of Other Prominent Players
6. 1.5 Market Ranking/Share (%) Analysis

ROV Companies FAQs

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.