Albany, NY -- (SBWIRE) -- 05/22/2019 -- The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as "Offshore AUV & ROV Market Analysis, Size, Share, Trends & Growth Projections Studied during 2017-2025". The fact-based research report on the global Offshore AUV & ROV market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

This report analyzes and forecasts the market for offshore AUV & ROV at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2017 to 2025. The study includes drivers and restraints of the global offshore AUV & ROV market. It also covers the impact of these drivers and restraints on demand for offshore AUV & ROV during the forecast period. The report also highlights opportunities in the offshore AUV & ROV market at the global and regional level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global offshore AUV & ROV market. Porter's Five Forces model for the offshore AUV & ROV market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides the estimated market size of offshore AUV & ROV for 2016 and forecast for the next eight years. The global market size of offshore AUV & ROV has been provided in terms of revenue. Market numbers have been estimated based on propulsion, product, and application segments of offshore AUV & ROV market. Market size and forecast for each major propulsion, product, and application have been provided in terms of global and regional markets.

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In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, webcasts specific to companies operating in the market, Marine Geology, The Association for Unmanned Vehicle Systems International, Australian Association for Unmanned Systems, Remotely Operated Vehicles Committee of the Marine Product Society, International Marine Contractors Association, Autonomous Undersea Vehicle Applications Center, Ministry of Earth Sciences, Maritime Reporter, National Oceanic and Atmospheric Administration. Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, Propulsion, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-hand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team's expertise and market understanding.

The study provides a decisive view of the global offshore AUV & ROV market by segmenting it in terms of propulsion, product, and application. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for offshore AUV & ROV in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual propulsion, product, and application segments in all the regions.

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The study includes profiles of major companies operating in the global offshore AUV & ROV market. Key players in the offshore AUV & ROV market include Subsea 7 Inc., SAAB AB, Fugro NV, Ocean Engineering Ltd., Bluefin Robotics, Atlas Elektronik Gmbh, Kongsberg Maritime, Teledyne Technologies LLC, BIRNS, INC.; International Submarine Engineering Ltd., Schilling Robotics LLC (now Technip FMC), Oceaneering International Inc. Market players have been profiled in terms of attributes such as company overview, overall revenue, business strategies, recent developments, and SWOT analysis.

The report segments the global Offshore AUV & ROV market as follows:

Offshore AUV & ROV Market: Propulsion System Analysis

Electric system

Mechanical System

Hybrid System

Others

Offshore AUV & ROV Market: Product Analysis

ROV

High Capacity Electric Vehicle

Small Vehicle

Heavy Work-Class Vehicle

Work-Class Vehicle

AUV

Man Portable

Light Weight Vehicle (LWV)

Heavy Weight Vehicle (HWV)

Large Vehicle

Offshore AUV & ROV Market: Application Analysis

Oil & Gas

Commercial

Defense

Scientific Research

Others

Offshore AUV & ROV Market: Regional Analysis

North America

Massachusetts

Other U.S. states

Canada

Europe

France

U.K.

Spain

Germany

Italy

Rest of Europe

Asia Pacific

China

Japan

India

ASEAN

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa (MEA)

GCC

South Africa

Rest of MEA

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