Automated Next Generation Deep-Sea Services: Smart ROV's Create a Blue Ocean Market

Automated Next Generation Deep-Sea Services: Smart ROV's Create a Blue Ocean Market

Integration of Technologies Poised to Open up a Billion Dollar Market

RELEASE DATE
19-Jun-2013
REGION
Global
Research Code: NC6E-01-00-00-00
SKU: IA00110-GL-MR_02261
$15,000.00
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SKU
IA00110-GL-MR_02261
$15,000.00
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Description

The global oil demand has been increasing at a near constant rate and increasing deep-sea oil and gas finds are leading to more deep-sea rigs. A growing number of ROVs per rig has resulted in a nearly 33.0 percent increase in market size and opportunity. A skewed balance between supply and demand presents significant opportunities for new market participants. After the BP oil spill disaster of 2010, market demand shot up and ever since a widening gap between supply and demand has existed. This study analyzes the changing rig owner needs, government mandates that contribute to increase in usage of remote operated underwater vehicles and the expected boom in the ROV market.

Table of Contents

Market Overview—Definitions

Market Overview—Definitions (continued)

Market Overview—Definitions (continued)

Market Overview—Segmentation

Market Overview—Abbreviations and Keywords

First Base—Business Insights

By 2035, At Least 70.0 Percent of Conventional Oil Reserves will have to be Newly Discovered or Developed

High Petrol Prices Driving Exploration and Rig Construction

Importance of ROVs in the Value Chain—ROVs Incorporated into the Rig Supply Chain

Increase of 33.0 Percent in ROV Deployment

Explosion of Opportunities for Manufacturers Due to Increasing ROV Penetration

Insufficient Global Manufacturing Capacity Pointing to Opportunities for Other Participants

Competitive Landscape Matrix—An Area Ripe for Other Participants to Capitalize On

Getting a Piece of the Action—Potential Strategies for Success

Second Base—Growth Insights

What are AUVs? AUV Structure Breakdown

Ease of Interfacing With Land and Ability to Participate in Groups Driving Value for Oil and Gas Participants

Primary Deployment Areas for AUVs Indicating a Primary Use for Data Gathering

From Present to Future—New Sampling Strategies Expected to Make AUVs Integral to Oil and Gas Participants

ROVs versus AUVs—Primary Differentiating Features

Present Limitations on ROVs Pointing to New Technology as the Solution to Bridges Certain Gaps

Best of Both Worlds Scenario Driving Rapid Product Acceptance and Demand

Market Potential for Acceptance: Key Unmet Needs Fulfilled Only by the Integration of these Technologies

Key Oil and Gas Demands: Automation Need of the Future

Key Oil and Gas Demands: Automation Need of the Future (continued)

Total ROV Market Landscape—Lack of Automation Capabilities Throughout the Spectrum

AUV Market Landscape—Lack of Work-class Capabilities Throughout the Spectrum

Potential Strategies to Integration—Consolidation the Fastest Way to Combine Expertise

Third Base—Profit Insights

The Importance of Software—A Key Building Block of AUVs

Market Movement From Self-software Development to Third-party Software Development

Why this Change is Happening—Hardware Commoditization Driving Software Differentiation

A Software Company in the AUV/ROV Landscape—SeeByte

Evolution of Dumb ROVs into Intelligent AUVs Addressing Key Needs of Oil and Gas Companies

ROV Software Predicted to Become Billion-dollar Industry by 2019

Getting a Piece of the Action—Potential Strategies for Success

The Last Word—Three Big Predictions

Legal Disclaimer

Oceaneering International Inc.

Canyon Offshore

Fugro Subsea Services Ltd.

Subsea7

Bluefin Robotics

SeeByte

Kongsberg

Who is Frost & Sullivan

What Makes Us Unique

TEAM Methodology

Our Global Footprint 40+ Offices

Related Research
The global oil demand has been increasing at a near constant rate and increasing deep-sea oil and gas finds are leading to more deep-sea rigs. A growing number of ROVs per rig has resulted in a nearly 33.0 percent increase in market size and opportunity. A skewed balance between supply and demand presents significant opportunities for new market participants. After the BP oil spill disaster of 2010, market demand shot up and ever since a widening gap between supply and demand has existed. This study analyzes the changing rig owner needs, government mandates that contribute to increase in usage of remote operated underwater vehicles and the expected boom in the ROV market.
More Information
No Index No
Podcast No
Industries Industrial Automation
WIP Number NC6E-01-00-00-00
Is Prebook No