Global Underwater ROV Market 2024-2030
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Global Underwater ROV Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

 UNDERWATER ROV MARKET

 

INTRODUCTION TOUNDERWATER ROV MARKET

A Remote-Controlled Submersible Device, often known as that of an undersea drone as well as undersea robots, is an unmanned underwater platform. ROVs can investigate the underwater world while the controller, or pilots, stays on the top.

 

Because SCUBA swimmers seldom travel further than two hundred metres and biological vessels are costly and scarce, humankind's capacity to investigate and operate in the waters is constrained lacking ROVs. ROVs exist in a variety of forms and sizes to meet a variety of applications, but they all share several fundamental characteristics.

 

Infographic: Underwater ROV Market, Underwater ROV Market Size, Underwater ROV Market Trends, Underwater ROV Market Forecast, Underwater ROV Market Risks, Underwater ROV Market Report, Underwater ROV Market Share

 

 UNDERWATER ROV MARKET DEVELOPMENTS AND INNOVATIONS

 

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1From DRDO to BPCL, India’s first underwater drone, EyeROV Tuna, finds many takersA business headquartered in Kerala is developing India's first commercial portable drone for underwater inspections.GlobalThis would enhance better Technological Controls
2Optimising Operations with underwater ROVsThe REVOLUTION is a ROV that has been fully redesigned. The REVOLUTION is a serious vehicle with expanded cargo capacity, deeper depths, and sophisticated stabilisation technologies.GlobalThis would enhance better Technological Controls
3Dubai Customs gets underwater drone technology to enhance inspectionTo improve its maritime inspection capabilities, Dubai Customs began using a Remotely Operated Vehicle (ROV), often known as an underwater drone.GlobalThis would enhance better Technological Controls
4US’ ‘New Mantra’: After Combat UAV’s, Washington Now Investing In ‘Highly Enduring’ Underwater DronesThe Defense Advanced Research Projects Agency (DARPA) has picked Northrop Grumman and Martin Defense Group to move forward with the second phase of the Manta Ray undersea drone project.GlobalThis would enhance better Technological Controls
5Army ropes in underwater ROV to locate wreckageAccording to Army sources, an Indian Navy Command Clearance Diving Team from Mumbai has arrived in Pathankot and is camping around the reservoir's borders, armed with hand-held navigation equipment with built-in SONAR.GlobalThis would enhance better Technological Controls

 

COMPETITIVE LANDSCAPE OFUNDERWATER ROV MARKET

Advancements in technology in autonomous marine vessels, such as elevated sensors, improved manipulator arms, and extremely sensitive sonar, have reduced the time necessary to examine equipment and some other submerged goods, resulting in an ocean of prospects in the submerged drones sector.

 

Even during coming quarters, factors such as an increment in profound offshore exploration and production, an increase in the quantity for submersible drone technology for intelligence and military application areas, an increase in market share for ocean currents investigation, and an increase in federal assistance to modernise armed units are expected to propel the global underwater robot market forward.

 

Boeing is a leading mobiliser of the autonomously operated underwater ROVs technology in the market. The Echo Voyager is a completely autonomous oversized autonomous underwater vehicles (XLUUV) category remotely operated underwater vehicle (UUV) that really can perform a range of tasks formerly unattainable owing to typical UUV limits.

 

Echo Voyager has a large internal and exterior cargo space as well as accessible energy capacity, pushing the boundaries of what might be currently feasible in unmanned underwater systems. This vessel's superior autonomy allows it to operate for extended periods of time over ocean, making it a more cost-effective and mission-capable option than standard UUVs.

 

SAAB Seaeye is part of the component manufacture trending companies in the current industry. The Falcon idea is perhaps the most effective underwater electric autonomous technology of its own type, having completed countless complex and difficult missions in a variety of business, military, including academic environments.

 

The Falcon-DR is outfitted to Saab Seaeye's powerful iCON advanced control technology, which gives it superior controllability and clinical information, but also the flexibility to personalize the operator interface and activate capabilities like station maintaining. The Falcon-DR is a small, lightweight submarine that is little over one metre in length and can dive to a depth of 1000 metres.

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix