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Market Analysis and Insights: Global Observation Mini ROV Market
Modern ROV systems can be categorized by size, depth capability, onboard horsepower, and whether they are all-electric or electro-hydraulic.
Micro - typically Micro class ROVs are very small in size and weight. Today’s Micro Class ROVs can weigh less than 3 kg. These ROVs are used as an alternative to a diver, specifically in places where a diver might not be able to physically enter such as a sewer, pipeline or small cavity.
Mini - typically Mini Class ROVs weigh in around 15 kg. Mini Class ROVs are also used as a diver alternative. One person may be able to transport the complete ROV system out with them on a small boat, deploy it and complete the job without outside help. Occasionally both Micro and Mini classes are referred to as "eyeball" class to differentiate them from ROVs that may be able to perform intervention tasks.
This report covers both micro and mini Observation ROV.
Due to the COVID-19 pandemic, the global Observation Mini ROV market size is estimated to be worth US$ 78 million in 2022 and is forecast to a readjusted size of US$ 139 million by 2029 with a CAGR of 8.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Micro Observation ROV accounting for % of the Observation Mini ROV global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Aquaculture segment is altered to an % CAGR throughout this forecast period.
The major players in global Observation Mini ROV market include VideoRay, Teledyne, AC-CESS, etc. The top 3 players occupy about 30% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Micro Observation ROV is the main type, with a share about 60%. Aquaculture is the main application, which holds a share about 35%.
Global Observation Mini ROV Scope and Market Size
The global Observation Mini ROV market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Observation Mini ROV market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Micro Observation ROV
Mini Observation ROV
Segment by Application
Aquaculture
Dams and Ships Inspection
Defence
Scientific and Research
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
VideoRay
Teledyne SeaBotix
AC-CESS
Deep Trekker
SEAMOR Marine
Blueye Robotics
MarineNav
Outland Technology
ROBOSEA
Deepinfar
Shenzhen Vxfly
Gnom ROV
Blue Robotics
Subsea Tech
JW Fishers
Nido Robotics
Modern ROV systems can be categorized by size, depth capability, onboard horsepower, and whether they are all-electric or electro-hydraulic.
Micro - typically Micro class ROVs are very small in size and weight. Today’s Micro Class ROVs can weigh less than 3 kg. These ROVs are used as an alternative to a diver, specifically in places where a diver might not be able to physically enter such as a sewer, pipeline or small cavity.
Mini - typically Mini Class ROVs weigh in around 15 kg. Mini Class ROVs are also used as a diver alternative. One person may be able to transport the complete ROV system out with them on a small boat, deploy it and complete the job without outside help. Occasionally both Micro and Mini classes are referred to as "eyeball" class to differentiate them from ROVs that may be able to perform intervention tasks.
This report covers both micro and mini Observation ROV.
Due to the COVID-19 pandemic, the global Observation Mini ROV market size is estimated to be worth US$ 78 million in 2022 and is forecast to a readjusted size of US$ 139 million by 2029 with a CAGR of 8.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Micro Observation ROV accounting for % of the Observation Mini ROV global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Aquaculture segment is altered to an % CAGR throughout this forecast period.
The major players in global Observation Mini ROV market include VideoRay, Teledyne, AC-CESS, etc. The top 3 players occupy about 30% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Micro Observation ROV is the main type, with a share about 60%. Aquaculture is the main application, which holds a share about 35%.
Global Observation Mini ROV Scope and Market Size
The global Observation Mini ROV market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Observation Mini ROV market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Micro Observation ROV
Mini Observation ROV
Segment by Application
Aquaculture
Dams and Ships Inspection
Defence
Scientific and Research
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
VideoRay
Teledyne SeaBotix
AC-CESS
Deep Trekker
SEAMOR Marine
Blueye Robotics
MarineNav
Outland Technology
ROBOSEA
Deepinfar
Shenzhen Vxfly
Gnom ROV
Blue Robotics
Subsea Tech
JW Fishers
Nido Robotics
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