March 01, 2011 09:08 ET

Remotely Operated Vehicles (ROV) & Autonomous Underwater Vehicles (AUV) Worth $1.27 Billion in 2010

ROCKVILLE, MD--(Marketwire - March 1, 2011) - has announced the addition of Visiongain's new report, "Remotely Operated Vehicles (ROV) and Autonomous Underwater Vehicles (AUV) in the Energy Market 2011-2021," to their collection of Transportation & Shipping market reports. For more information, visit

"Remotely Operated Vehicles (ROV) and Autonomous Underwater Vehicles (AUV) in the Energy Market 2011-2021" examines in depth one of the most powerful and exciting areas in the offshore oil and gas industry; an industry which is seeing a profound movement towards deep sea development. ROVs and AUVs are a vital component of subsea work, especially where great depths and extreme environments create challenging conditions. Based on our research, the global ROV and AUV market in the energy sector was worth $1.27bn in 2010. The report analyzes, quantifies and forecasts the expected growth in the global and regional ROV and AUV markets over the period 2011-2021.

This report covers recent big contracts, progression in politically sensitive areas and the knock-on effects of the Deepwater Horizon oil spill. The report analyzes a wealth of data and introduces a clear breakdown of where the market will develop based upon diverse factors and insight, anticipating how and why the market will evolve from 2011 onwards.

The report also provides a comprehensive assessment of applications of ROVs and AUVs in the energy industry and considers emerging technologies and likely future developments.

How much will the ROV and AUV sector in the energy market increase over the period 2011-2021? How much will individual regions spend on ROVs and AUVs between 2011 and 2021? Who are the leading companies in the ROV and AUV industry? Which market will be the largest in 10 years time? Which geographical regions will see the most impressive growth over the next ten years? Which technologies are likely to succeed? These critical questions and many more are definitively answered in this comprehensive report.

For more information, visit

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