DUBLIN--(BUSINESS WIRE)--The "AUV & ROV Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.
The market for AUV & ROV is expected to grow at a CAGR of 5.17% during the forecast period of 2019 - 2024
Factors such as rising offshore oil and gas production activities, growing offshore wind power industry, and increasing oil and gas decommissioning activities are expected to be major drivers driving the AUV & ROV market. However, global offshore investments have been in a steep decline, as result of the oil price collapse during mid-2014; this, in turn, has resulted in a less number of offshore oil and gas activities in the recent years and has limited the growth of the market studied.
4.2 Market Size and Demand Forecast in USD million, till 2024
4.3 ROV Fleet Historic and Demand Forecast in unit, till 2024
4.5 AUV Fleet Historic and Demand Forecast in unit, till 2024
4.7 Offshore Sector Capital Expenditures (CAPEX) Forecast in USD billion, by Region, till 2024
4.8 Offshore Sector Capital Expenditures (CAPEX) Forecast in USD billion, by Water Depth, till 2024
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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