Unmanned Underwater Vehicles (UUVs) for Oil & Gas Industry: Global Market 2022-2032 by Vehicle Type (ROVs, AUVs), Component (Hardware, Software, Operation and Service), Propulsion (Electric System, Mechanical System, Others), and Region
Global unmanned underwater vehicles (UUVs) for oil & gas market will reach $4.12 billion by 2032, growing by 8.5% annually over 2022-2032, driven by the increasing demand for energy, growing offshore exploration and oil & gas production, and the technological advancement of UUVs. Total fleet in operation will grow by 10.1% yearly during the forecast period.
Highlighted with 89 tables and 96 figures, this 184-page report “Unmanned Underwater Vehicles (UUVs) for Oil & Gas Industry: Global Market 2022-2032 by Vehicle Type (ROVs, AUVs), Component (Hardware, Software, Operation and Service), Propulsion (Electric System, Mechanical System, Others), and Region” is based on comprehensive research of the entire global unmanned underwater vehicles (UUVs) for oil & gas market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global unmanned underwater vehicles (UUVs) for oil & gas market in every aspect of the classification from perspectives of Vehicle Type, Component, Propulsion, and Region.
Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) and fleet (units) for 2022-2032 included in each mainstream section.
• ROVs
o Observation Vehicle
o Light Work Class Vehicle
o Medium Work Class Vehicle
o Heavy Work Class Vehicle
o Towed and Bottom-Crawling Vehicle
• AUVs
o Shallow AUVs
o Medium AUVs
o Large AUVs
Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Imaging
o Sensors and Automation
o Steering and Positioning
o Navigation
o Energy and Propulsion
o Communication
o Other Hardware
• Software
• Operation and Service
By Propulsion, the global market is segmented into the following sub-markets with annual revenue ($ mn) and fleet (units) for 2022-2032 included in each section.
• Electric System
• Mechanical System
• Other Propulsion Systems
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Norway, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Italy, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region, detailed analysis and data of annual revenue ($ mn) and fleet (units) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Vehicle Type, Component, and Propulsion over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Andrews Survey
C-Innovation
DOF Subsea AS
Forum Energy Technologies
Fugro Subsea Services Ltd.
Hallin Marine Subsea International PLC
Helix Energy Solutions
i-Tech (Subsea 7)
Kongsberg Gruppen ASA
Kystdesign AS
Oceaneering International, Inc.
Perry Slingsby Systems Limited
SAAB SEAEYE LTD.
Saipem (Sonsub)
Schilling Robotics, LLC
Soil Machine Dynamics Ltd. (SMD)
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 37
2.4 Emerging Opportunities and Market Trends 40
2.5 Porter’s Fiver Forces Analysis 44
3 Segmentation of Global Market by Vehicle Type 48
3.1 Market Overview by Vehicle Type 48
3.2 ROVs 51
3.2.1 Observation Vehicle 54
3.2.2 Light Work Class Vehicle 56
3.2.3 Medium Work Class Vehicle 58
3.2.4 Heavy Work Class Vehicle 60
3.2.5 Towed and Bottom-Crawling Vehicle 62
3.3 AUVs 64
3.3.1 Shallow AUVs 66
3.3.2 Medium AUVs 67
3.3.3 Large AUVs 68
4 Segmentation of Global Market by Component 69
4.1 Market Overview by Component 69
4.2 Hardware 71
4.2.1 Imaging 73
4.2.2 Sensors and Automation 74
4.2.3 Steering and Positioning 75
4.2.4 Navigation 76
4.2.5 Energy and Propulsion 77
4.2.6 Communication 78
4.2.7 Other Hardware 79
4.3 Software 80
4.4 Operation and Service 81
5 Segmentation of Global Market by Propulsion 82
5.1 Market Overview by Propulsion 82
5.2 Electric System 85
5.3 Mechanical System 87
5.4 Other Propulsion Systems 89
6 Segmentation of Global Market by Region 91
6.1 Geographic Market Overview 2022-2032 91
6.2 North America Market 2022-2032 by Country 96
6.2.1 Overview of North America Market 96
6.2.2 U.S. 100
6.2.3 Canada 103
6.2.4 Mexico 105
6.3 European Market 2022-2032 by Country 107
6.3.1 Overview of European Market 107
6.3.2 Germany 111
6.3.3 U.K. 113
6.3.4 France 115
6.3.5 Spain 117
6.3.6 Norway 119
6.3.7 Russia 121
6.3.8 Rest of European Market 123
6.4 Asia-Pacific Market 2022-2032 by Country 125
6.4.1 Overview of Asia-Pacific Market 125
6.4.2 Japan 129
6.4.3 China 132
6.4.4 Australia 134
6.4.5 India 136
6.4.6 South Korea 138
6.4.7 Rest of APAC Region 140
6.5 South America Market 2022-2032 by Country 142
6.5.1 Argentina 145
6.5.2 Brazil 147
6.5.3 Chile 149
6.5.4 Rest of South America Market 151
6.6 MEA Market 2022-2032 by Country 152
6.6.1 UAE 155
6.6.2 Saudi Arabia 157
6.6.3 South Africa 159
6.6.4 Other National Markets 161
7 Competitive Landscape 162
7.1 Overview of Key Vendors 162
7.2 New Product Launch, Partnership, Investment, and M&A 166
7.3 Company Profiles 167
Andrews Survey 167
C-Innovation 169
DOF Subsea AS 170
Forum Energy Technologies 171
Fugro Subsea Services Ltd. 172
Hallin Marine Subsea International PLC 173
Helix Energy Solutions 174
i-Tech (Subsea 7) 175
Kongsberg Gruppen ASA 176
Kystdesign AS 177
Oceaneering International, Inc. 178
Perry Slingsby Systems Limited 179
SAAB SEAEYE LTD. 180
Saipem (Sonsub) 181
Schilling Robotics, LLC 182
Soil Machine Dynamics Ltd. (SMD) 183
RELATED REPORTS 184
List of Tables:
Table 1. Snapshot of Global Oil & Gas UUVs Market in Balanced Perspective, 2022-2032 20
Table 2. World Economic Outlook, 2021-2031 24
Table 3. World Economic Outlook, 2021-2023 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Main Product Trends and Market Opportunities in Global Oil & Gas UUVs Market 40
Table 6. Global Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 48
Table 7. Global Oil & Gas UUVs Market by Vehicle Type (Fleet in Operation), 2022-2032, units 50
Table 8. Global Oil & Gas UUVs Market: ROVs by Type, 2022-2032, $ mn 52
Table 9. Classifications of ROVs by Type 53
Table 10. Global Oil & Gas UUVs Market: AUVs by Type, 2022-2032, $ mn 65
Table 11. Global Oil & Gas UUVs Market by Component, 2022-2032, $ mn 69
Table 12. Global Oil & Gas UUVs Market: Hardware by Type, 2022-2032, $ mn 72
Table 13. Global Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 82
Table 14. Global Oil & Gas UUVs Market by Propulsion (Fleet in Operation), 2022-2032, units 84
Table 15. Global Oil & Gas UUVs Market by Region, 2022-2032, $ mn 92
Table 16. Global Oil & Gas UUVs Market by Region (Fleet in Operation), 2022-2032, units 94
Table 17. Leading National Oil & Gas UUVs Market, 2022 and 2032, $ mn 95
Table 18. North America Oil & Gas UUVs Market by Country, 2022-2032, $ mn 98
Table 19. U.S. Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 102
Table 20. U.S. Oil & Gas UUVs Market by Component, 2022-2032, $ mn 102
Table 21. U.S. Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 102
Table 22. Canada Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 104
Table 23. Canada Oil & Gas UUVs Market by Component, 2022-2032, $ mn 104
Table 24. Canada Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 104
Table 25. Mexico Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 106
Table 26. Mexico Oil & Gas UUVs Market by Component, 2022-2032, $ mn 106
Table 27. Mexico Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 106
Table 28. Europe Oil & Gas UUVs Market by Country, 2022-2032, $ mn 110
Table 29. Germany Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 112
Table 30. Germany Oil & Gas UUVs Market by Component, 2022-2032, $ mn 112
Table 31. Germany Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 112
Table 32. U.K. Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 114
Table 33. U.K. Oil & Gas UUVs Market by Component, 2022-2032, $ mn 114
Table 34. U.K. Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 114
Table 35. France Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 116
Table 36. France Oil & Gas UUVs Market by Component, 2022-2032, $ mn 116
Table 37. France Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 116
Table 38. Spain Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 118
Table 39. Spain Oil & Gas UUVs Market by Component, 2022-2032, $ mn 118
Table 40. Spain Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 118
Table 41. Norway Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 120
Table 42. Norway Oil & Gas UUVs Market by Component, 2022-2032, $ mn 120
Table 43. Norway Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 120
Table 44. Russia Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 122
Table 45. Russia Oil & Gas UUVs Market by Component, 2022-2032, $ mn 122
Table 46. Russia Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 122
Table 47. Oil & Gas UUVs Market in Rest of Europe by Country, 2022-2032, $ mn 124
Table 48. APAC Oil & Gas UUVs Market by Country, 2022-2032, $ mn 127
Table 49. Japan Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 131
Table 50. Japan Oil & Gas UUVs Market by Component, 2022-2032, $ mn 131
Table 51. Japan Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 131
Table 52. China Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 133
Table 53. China Oil & Gas UUVs Market by Component, 2022-2032, $ mn 133
Table 54. China Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 133
Table 55. Australia Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 135
Table 56. Australia Oil & Gas UUVs Market by Component, 2022-2032, $ mn 135
Table 57. Australia Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 135
Table 58. India Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 137
Table 59. India Oil & Gas UUVs Market by Component, 2022-2032, $ mn 137
Table 60. India Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 137
Table 61. South Korea Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 139
Table 62. South Korea Oil & Gas UUVs Market by Component, 2022-2032, $ mn 139
Table 63. South Korea Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 139
Table 64. Oil & Gas UUVs Market in Rest of APAC by Country/Region, 2022-2032, $ mn 141
Table 65. South America Oil & Gas UUVs Market by Country, 2022-2032, $ mn 144
Table 66. Argentina Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 146
Table 67. Argentina Oil & Gas UUVs Market by Component, 2022-2032, $ mn 146
Table 68. Argentina Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 146
Table 69. Brazil Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 148
Table 70. Brazil Oil & Gas UUVs Market by Component, 2022-2032, $ mn 148
Table 71. Brazil Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 148
Table 72. Chile Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 150
Table 73. Chile Oil & Gas UUVs Market by Component, 2022-2032, $ mn 150
Table 74. Chile Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 150
Table 75. MEA Oil & Gas UUVs Market by Country, 2022-2032, $ mn 154
Table 76. UAE Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 156
Table 77. UAE Oil & Gas UUVs Market by Component, 2022-2032, $ mn 156
Table 78. UAE Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 156
Table 79. Saudi Arabia Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 158
Table 80. Saudi Arabia Oil & Gas UUVs Market by Component, 2022-2032, $ mn 158
Table 81. Saudi Arabia Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 158
Table 82. South Africa Oil & Gas UUVs Market by Vehicle Type, 2022-2032, $ mn 160
Table 83. South Africa Oil & Gas UUVs Market by Component, 2022-2032, $ mn 160
Table 84. South Africa Oil & Gas UUVs Market by Propulsion, 2022-2032, $ mn 160
Table 85. Market Share of World Work-Class ROVs by Manufacturer, % Capex 164
Table 86. Market Share of World Work-Class ROVs by Operator, %Capex 164
Table 87. Andrews Survey: Company Snapshot 167
Table 88. Andrews Survey: Business Segmentation 168
Table 89. Andrews Survey: Product Portfolio 168List of Figures:
Figure 1. Research Method Flow Chart 14
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 17
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 19
Figure 4. Global Oil & Gas UUVs Market by Sales Revenue, 2022-2032, $ mn 21
Figure 5. Global Oil & Gas UUVs Market by Fleet in Operation, 2022-2032, units 22
Figure 6. Impact of COVID-19 on Business 26
Figure 7. Primary Drivers and Impact Factors of Global Oil & Gas UUVs Market 32
Figure 8. World Crude Oil Production, 2000-2021, million tons 35
Figure 9. World Gas Production, 1990-2021, bcm 36
Figure 10. Primary Restraints and Impact Factors of Global Oil & Gas UUVs Market 37
Figure 11. Investment Opportunity Analysis 41
Figure 12. Porter’s Fiver Forces Analysis of Global Oil & Gas UUVs Market 44
Figure 13. Breakdown of Global Oil & Gas UUVs Market by Vehicle Type, 2022-2032, % of Revenue 49
Figure 14. Global Addressable Market Cap in 2023-2032 by Vehicle Type, Value ($ mn) and Share (%) 49
Figure 15. Breakdown of Global Oil & Gas UUVs Market by Vehicle Type, 2022-2032, % of Fleet in Operation 50
Figure 16. Global Oil & Gas UUVs Market by Vehicle Type: ROVs, 2022-2032, $ mn 51
Figure 17. Global Oil & Gas UUVs Market by Vehicle Type (Fleet in Operation): ROVs, 2022-2032, units 52
Figure 18. Example Picture of Observation ROVs 54
Figure 19. Global Oil & Gas UUVs Market by ROVs: Observation Vehicle, 2022-2032, $ mn 55
Figure 20. Example Picture of Light Work-Class ROVs 56
Figure 21. Global Oil & Gas UUVs Market by ROVs: Light Work Class Vehicle, 2022-2032, $ mn 57
Figure 22. Example Picture of Ultra Deep ROVs 58
Figure 23. Global Oil & Gas UUVs Market by ROVs: Medium Work Class Vehicle, 2022-2032, $ mn 59
Figure 24. Example Picture of Heavy Work-Class ROVs 60
Figure 25. Global Oil & Gas UUVs Market by ROVs: Heavy Work Class Vehicle, 2022-2032, $ mn 61
Figure 26. Example Picture of Towed and Bottom-Crawling ROVs 62
Figure 27. Global Oil & Gas UUVs Market by ROVs: Towed and Bottom-Crawling Vehicle, 2022-2032, $ mn 63
Figure 28. Global Oil & Gas UUVs Market by Vehicle Type: AUVs, 2022-2032, $ mn 64
Figure 29. Global Oil & Gas UUVs Market by Vehicle Type (Fleet in Operation): AUVs, 2022-2032, units 65
Figure 30. Global Oil & Gas UUVs Market by AUVs: Shallow AUVs, 2022-2032, $ mn 66
Figure 31. Global Oil & Gas UUVs Market by AUVs: Medium AUVs, 2022-2032, $ mn 67
Figure 32. Global Oil & Gas UUVs Market by AUVs: Large AUVs, 2022-2032, $ mn 68
Figure 33. Breakdown of Global Oil & Gas UUVs Market by Component, 2022-2032, % of Sales Revenue 70
Figure 34. Global Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 70
Figure 35. Global Oil & Gas UUVs Market by Component: Hardware, 2022-2032, $ mn 71
Figure 36. Global Oil & Gas UUVs Market by Hardware: Imaging, 2022-2032, $ mn 73
Figure 37. Global Oil & Gas UUVs Market by Hardware: Sensors and Automation, 2022-2032, $ mn 74
Figure 38. Global Oil & Gas UUVs Market by Hardware: Steering and Positioning, 2022-2032, $ mn 75
Figure 39. Global Oil & Gas UUVs Market by Hardware: Navigation, 2022-2032, $ mn 76
Figure 40. Global Oil & Gas UUVs Market by Hardware: Energy and Propulsion, 2022-2032, $ mn 77
Figure 41. Global Oil & Gas UUVs Market by Hardware: Communication, 2022-2032, $ mn 78
Figure 42. Global Oil & Gas UUVs Market by Hardware: Other Hardware, 2022-2032, $ mn 79
Figure 43. Global Oil & Gas UUVs Market by Component: Software, 2022-2032, $ mn 80
Figure 44. Global Oil & Gas UUVs Market by Component: Operation and Service, 2022-2032, $ mn 81
Figure 45. Breakdown of Global Oil & Gas UUVs Market by Propulsion, 2022-2032, % of Sales Revenue 83
Figure 46. Global Addressable Market Cap in 2023-2032 by Propulsion, Value ($ mn) and Share (%) 83
Figure 47. Breakdown of Global Oil & Gas UUVs Market by Propulsion, 2022-2032, % of Fleet in Operation 84
Figure 48. Global Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Electric System, 2022-2032, $ mn 85
Figure 49. Global Oil & Gas UUVs Market by Propulsion: Electric System, 2022-2032, units 86
Figure 50. Global Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Mechanical System, 2022-2032, $ mn 87
Figure 51. Global Oil & Gas UUVs Market by Propulsion: Mechanical System, 2022-2032, units 88
Figure 52. Global Oil & Gas UUVs Market by Propulsion: Other Propulsion Systems, 2022-2032, $ mn 89
Figure 53. Global Oil & Gas UUVs Market by Propulsion (Fleet in Operation): Other Propulsion Systems, 2022-2032, units 90
Figure 54. Global Market Snapshot by Region 91
Figure 55. Geographic Spread of Worldwide Oil & Gas UUVs Market, 2022-2032, % of Sales Revenue 92
Figure 56. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%) 93
Figure 57. Geographic Spread of Worldwide Oil & Gas UUVs Market, 2022-2032, % of Fleet in Operation 94
Figure 58. North American Oil & Gas UUVs Market, 2022-2032, $ mn 97
Figure 59. Breakdown of North America Oil & Gas UUVs Market by Country, 2022 and 2032, % of Revenue 98
Figure 60. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 99
Figure 61. U.S. Oil & Gas UUVs Market, 2022-2032, $ mn 101
Figure 62. Canada Oil & Gas UUVs Market, 2022-2032, $ mn 103
Figure 63. Oil & Gas UUVs Market in Mexico, 2022-2032, $ mn 105
Figure 64. European Oil & Gas UUVs Market, 2022-2032, $ mn 108
Figure 65. Breakdown of European Oil & Gas UUVs Market by Country, 2022 and 2032, % of Revenue 109
Figure 66. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 110
Figure 67. Oil & Gas UUVs Market in Germany, 2022-2032, $ mn 111
Figure 68. Oil & Gas UUVs Market in U.K., 2022-2032, $ mn 113
Figure 69. Oil & Gas UUVs Market in France, 2022-2032, $ mn 115
Figure 70. Oil & Gas UUVs Market in Spain, 2022-2032, $ mn 117
Figure 71. Oil & Gas UUVs Market in Norway, 2022-2032, $ mn 119
Figure 72. Oil & Gas UUVs Market in Russia, 2022-2032, $ mn 121
Figure 73. Oil & Gas UUVs Market in Rest of Europe, 2022-2032, $ mn 123
Figure 74. Asia-Pacific Oil & Gas UUVs Market, 2022-2032, $ mn 126
Figure 75. Breakdown of APAC Oil & Gas UUVs Market by Country, 2022 and 2032, % of Revenue 126
Figure 76. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 128
Figure 77. Oil & Gas UUVs Market in Japan, 2022-2032, $ mn 130
Figure 78. Oil & Gas UUVs Market in China, 2022-2032, $ mn 132
Figure 79. Oil & Gas UUVs Market in Australia, 2022-2032, $ mn 134
Figure 80. Oil & Gas UUVs Market in India, 2022-2032, $ mn 136
Figure 81. Oil & Gas UUVs Market in South Korea, 2022-2032, $ mn 138
Figure 82. Oil & Gas UUVs Market in Rest of APAC, 2022-2032, $ mn 140
Figure 83. South America Oil & Gas UUVs Market, 2022-2032, $ mn 143
Figure 84. Breakdown of South America Oil & Gas UUVs Market by Country, 2022 and 2032, % of Revenue 143
Figure 85. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 144
Figure 86. Oil & Gas UUVs Market in Argentina, 2022-2032, $ mn 145
Figure 87. Oil & Gas UUVs Market in Brazil, 2022-2032, $ mn 147
Figure 88. Oil & Gas UUVs Market in Chile, 2022-2032, $ mn 149
Figure 89. Oil & Gas UUVs Market in Rest of South America, 2022-2032, $ mn 151
Figure 90. Oil & Gas UUVs Market in Middle East and Africa (MEA), 2022-2032, $ mn 153
Figure 91. Breakdown of MEA Oil & Gas UUVs Market by Country, 2022 and 2032, % of Revenue 153
Figure 92. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 154
Figure 93. Oil & Gas UUVs Market in UAE, 2022-2032, $ mn 155
Figure 94. Oil & Gas UUVs Market in Saudi Arabia, 2022-2032, $ mn 157
Figure 95. Oil & Gas UUVs Market in South Africa, 2022-2032, $ mn 159
Figure 96. Growth Stage of Global Oil & Gas UUVs Industry over the Forecast Period 162
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|