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The observation mini remotely operated vehicles (ROV) is an inspection class vehicle equipped with a forward-looking high-resolution color zoom video camera. Observation ROVs include mini- and micro- unmanned vehicles with power less than 10 HP, which are used in underwater inspection, surveillance and monitoring. The evolution of ROV technology has resulted in the ever-growing application of observation mini ROVs in oil & gas industry, military/defense, scientific research and other sectors. Asia-Pacific observation mini ROVs market is projected to grow by 13.1% per annum over 2019-2026 and reach $155.0 million in 2026, becoming the second largest regional market in the world.
Highlighted with 12 tables and 35 figures, this 91-page report "Asia-Pacific Observation Mini ROVs Market 2018-2026 by Application, Size, Payload Option and Country" 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 provides historical market data for 2015-2018, revenue estimates for 2019, and forecasts from 2020 till 2026. (Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers the next 5-10 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. The balanced (most likely) projection is used to quantify Asia-Pacific observation mini ROVs market in every aspect of the classification from perspectives of Application, Size, Payload Option, and Country.
Based on application, the Asia-Pacific market is segmented into the following sub-markets with annual capex for 2015-2026 (historical and forecast) included in each section.
- Oil & Gas Industry
- Scientific Research
- Military & Defense
- Others
Based on vehicle size, the Asia-Pacific market is segmented into the following sub-markets with annual capex for 2015-2026 (historical and forecast) included in each segment.
- Micro Observation ROVs
- Mini Observation ROVs
Based on payload option, the Asia-Pacific market is analyzed on the following segments with annual capex for 2015-2026 (historical and forecast) included in each section.
- Observation Mini ROVs without Payloads
- Observation Mini ROVs with Payloads
Geographically, the following national markets are fully investigated:
- Japan
- China
- South Korea
- Australia
- India
- Rest of APAC
For each of the aforementioned countries, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of key national markets by Vehicle Size and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Asia-Pacific observation mini ROVs market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
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 if necessary, so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)