Asia Pacific observation mini ROVs market will grow by 10.3% annually with a total addressable market cap of $1.68 billion over 2023-2032, driven by the rising adoption of mini ROVs in the end-user verticals, the technological advancements and innovation, and the growing R&D investment along with government supports.
Highlighted with 31 tables and 47 figures, this 108-page report “Asia Pacific Observation Mini ROVs Market 2022-2032 by Component (Hardware, Solutions & Services), Vehicle Size (Micro, Mini), Payload Option (Without Payloads, With Payloads), Application (Oil & Gas, Military & Defense, Scientific Research, Aquaculture, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific observation mini ROVs market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific observation mini ROVs market in every aspect of the classification from perspectives of Component, Vehicle Size, Payload Option, Application, and Country.
Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Imaging System
o Sensors and Automation System
o Steering and Positioning System
o Navigation System
o Energy and Propulsion System
o Other Hardware
• Solutions & Services
Based on Vehicle Size, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Micro Observation ROVs
• Mini Observation ROVs
By Payload Option, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Observation Mini ROVs without Payloads
• Observation Mini ROVs with Payloads
By Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Oil & Gas Industry
• Military & Defense
• Scientific Research
• Aquaculture
• Other Applications
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Vehicle Size, and Application over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected 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 so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 24
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 26
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Asia Pacific Market by Component 46
3.1 Market Overview by Component 46
3.2 Hardware 48
3.2.1 Imaging System 50
3.2.2 Sensors and Automation System 51
3.2.3 Steering and Positioning System 52
3.2.4 Navigation System 53
3.2.5 Energy and Propulsion System 54
3.2.6 Other Hardware 55
3.3 Solutions & Services 56
4 Segmentation of Asia Pacific Market by Vehicle Size 57
4.1 Market Overview by Vehicle Size 57
4.2 Micro Observation ROVs 60
4.3 Mini Observation ROVs 61
5 Segmentation of Asia Pacific Market by Payload Option 62
5.1 Market Overview by Payload Option 62
5.2 Observation Mini ROVs without Payloads 64
5.3 Observation Mini ROVs with Payloads 65
6 Segmentation of Asia Pacific Market by Application 66
6.1 Market Overview by Application 66
6.2 Oil & Gas Industry 68
6.3 Military & Defense 69
6.4 Scientific Research 70
6.5 Aquaculture 71
6.6 Other Applications 72
7 Asia-Pacific Market 2022-2032 by Country 73
7.1 Overview of Asia-Pacific Market 73
7.2 Japan 76
7.3 China 79
7.4 Australia 81
7.5 India 83
7.6 South Korea 85
7.7 Rest of APAC Region 87
8 Competitive Landscape 89
8.1 Overview of Key Vendors 89
8.2 New Product Launch, Partnership, Investment, and M&A 92
8.3 Company Profiles 93
AC-CESS 93
CISCREA 95
Deep Ocean Engineering, Inc. 96
Deep Sea Systems International 97
Deep Trekker Inc. 98
Helix Energy Solutions 99
Hydrovision Ltd. 100
International Submarine Engineering (ISE) Ltd. 101
MarineNav Ltd. 102
Ocean Modules Sweden 103
Outland Technology, Inc. 104
SeaBotix, Inc. 105
Subsea Tech 106
VideoRay LLC 107
RELATED REPORTS 108
List of Tables:
Table 1. Snapshot of Asia Pacific Observation Mini ROVs Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. Scenarios for Economic Impact of Ukraine Crisis 27
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Observation Mini ROVs Market 38
Table 6. Asia Pacific Observation Mini ROVs Market by Component, 2022-2032, $ mn 46
Table 7. Asia Pacific Observation Mini ROVs Market: Hardware by Type, 2022-2032, $ mn 49
Table 8. Comparison of Micro and Mini Observation ROVs 57
Table 9. Asia Pacific Observation Mini ROVs Market by Vehicle Size, 2022-2032, $ mn 58
Table 10. Asia Pacific Observation Mini ROVs Market by Payload Option, 2022-2032, $ mn 62
Table 11. Asia Pacific Observation Mini ROVs Market by Application, 2022-2032, $ mn 66
Table 12. APAC Observation Mini ROVs Market by Country, 2022-2032, $ mn 74
Table 13. Japan Observation Mini ROVs Market by Component, 2022-2032, $ mn 78
Table 14. Japan Observation Mini ROVs Market by Vehicle Size, 2022-2032, $ mn 78
Table 15. Japan Observation Mini ROVs Market by Application, 2022-2032, $ mn 78
Table 16. China Observation Mini ROVs Market by Component, 2022-2032, $ mn 80
Table 17. China Observation Mini ROVs Market by Vehicle Size, 2022-2032, $ mn 80
Table 18. China Observation Mini ROVs Market by Application, 2022-2032, $ mn 80
Table 19. Australia Observation Mini ROVs Market by Component, 2022-2032, $ mn 82
Table 20. Australia Observation Mini ROVs Market by Vehicle Size, 2022-2032, $ mn 82
Table 21. Australia Observation Mini ROVs Market by Application, 2022-2032, $ mn 82
Table 22. India Observation Mini ROVs Market by Component, 2022-2032, $ mn 84
Table 23. India Observation Mini ROVs Market by Vehicle Size, 2022-2032, $ mn 84
Table 24. India Observation Mini ROVs Market by Application, 2022-2032, $ mn 84
Table 25. South Korea Observation Mini ROVs Market by Component, 2022-2032, $ mn 86
Table 26. South Korea Observation Mini ROVs Market by Vehicle Size, 2022-2032, $ mn 86
Table 27. South Korea Observation Mini ROVs Market by Application, 2022-2032, $ mn 86
Table 28. Observation Mini ROVs Market in Rest of APAC by Country/Region, 2022-2032, $ mn 88
Table 29. AC-CESS: Company Snapshot 93
Table 30. AC-CESS: Business Segmentation 94
Table 31. AC-CESS: Product Portfolio 94
