increasing military spending are driving the growth of the Remotely Operated Vehicle (RVO) Market at a CAGR of 11.2% during the forecast period 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Remotely Operated Vehicle (RVO) Market” that contains the information from 2019 to 2035.

Remotely Operated Vehicle (RVO) Market Highlights

The Global Remotely Operated Vehicle (RVO) Market is estimated to register a CAGR of 11.2% during the forecast period of 2025 to 2035.

MRFR recognizes the following companies as the key players in the Global Remotely Operated Vehicle (RVO) Market — Include Kongsberg, Teledyne Technologies Incorporated, Exail Technologies, Saab Ab, Atlas Maridan, L3Harris Technologies, International Submarine Engineering Limited, Oceaneering International, Inc, Hydromea, Advanced Navigation, DeepOcean, Forum Energy Technologies, Inc, Total Marine Vehicle Class Pty Ltd, Soil Machine Dynamics Ltd, Shandong Future Robot Co. Ltd and others.

The Global Remotely Operated Vehicle (RVO) Market is accounted for registering a CAGR of 11.2% during the forecast period and is estimated to reach USD 8,910.2 million by 2035.

The driving demand in the oil and gas industry for Remotely Operated Vehicles has become mature. Most of the remaining oil and gas are in complex environments, requiring access at deep underwater or offshore locations that cannot easily be accessed by traditional means through human divers. The depth of ROVs enables them to reach depths and conditions inaccessibly practicable by humans. Exploration and production activities are experiencing a rebound in the oil and gas industry. High global energy consumption increases on the heels increases with incentives from the increased prices of oil as an opportunity to invest in offshore drilling with new fields. In this regard, ROVs play a crucial role, supporting everything from drilling support to installation, inspection, maintenance, and repair (IMR) of subsea infrastructure. 

They add to operational efficiency, making it possible to perform complex operations remotely and thus significantly lowering the risk and cost elements associated with manned operations. The advancement in ROV Vehicle Class has expanded their use and capabilities, and now they can be used to perform intricate tasks such as underwater repairs and installations. The latest ROVs are provided with advanced sensors and tools, allowing real-time data transmission and high-definition video feeds. This is what has made ROVs an essential tool for maintaining the integrity and safety of subsea operations, especially in harsh environments where visibility is poor and conditions are unpredictable.

As the industry goes further into water exploration, very much into regions like Brazil and West Africa, the demand for ROV is expected to increase exponentially in the coming years. There is a corresponding need to increase ROV deployment with the increasing complexity of subsea projects, and projections foresee a major rise in the use of ROVs within the next few years. The growth trajectory also receives its industry interest in this trend because of the concern by its industry to go green in being efficient with the exploitation of resources for environmental and resource protection through ROVs. For instance, ROVs can reduce the need for manned operations, thereby minimizing the environmental impact and contributing to a more sustainable approach to resource exploitation.

In summary, the demand in the oil and gas industry for ROVs is driven basically by the need for safer and more efficient, technologically advanced solutions to overcome modern challenges in subsea exploration and maintenance. These challenges include navigating complex underwater structures, conducting inspections in hazardous environments, and performing intricate tasks such as repairs and installations. As industry advances, ROVs will continue to be at the core of the operational strategies of maximizing productivity while minimizing the risk of acquiring vital sources of energy.

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Segmental Analysis

The Global Remotely Operated Vehicle (RVO) Market has been segmented based on by Vehicle Class, by Type, by Weight, by Depth Capacity and by Application.

Based on by Product Type, this segment includes Class I - Observation ROVS, Class II- Observation ROVS with Payload Option, Class III-Work-Class Vehicles (General Work-Class ROVs, Trenching ROVs, Others), Class IV-Towed and Bottom-Crawling Vehicles and Class V-Prototype or Development Vehicles. The Class III—Work-Class Vehicles segment dominated the global market in 2024, while the Class III—Work-Class Vehicles (Trenching ROVs) is projected to be the fastest–growing segment during the forecast period. Class II Observation ROVs add functionality to Class I vehicles as they include options for payloads, which increases the available tools and instrumentation. 

The core function remains within visual inspection but allows an operator the ability to provide basic manipulative tasks of sample collection and environmental monitoring, among other duties. The enhanced cameras and sensors in these systems take in more detailed data than those previously available, making them better for marine research, underwater archaeology, and infrastructure inspection. Payload options are made flexible, which allows customization of the ROV based on specific missions, improving its utility in various underwater scenarios.

Based on Type, this segment includes Wired ROV, Wireless ROV. The Wired ROV segment dominated the global market in 2024, while the Wireless ROV is projected to be the fastest–growing segment during the forecast period. Wired Remotely Operated Vehicles are tethered systems that have a connection to a surface control unit through a cable. It provides a sure source of communication and power supply. The connection will enable real-time control and data transmission, making it suitable for deep-sea exploration and industrial applications where consistency in performance is very important. The tether usually has multiple conductors for video, data, and power to ensure uninterrupted operation. However, reliance on a cable is restrictive in terms of mobility and accessibility in the deep seafloor environment. Despite this, piped ROVs are preferred for their stability and high-bandwidth support across great depths.

Based on Weight, this segment includes Up to 90 Kg, 91-907 Kg and above 907 Kg. The 91-907 Kg segment dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. The 91 to 907 kg ROVs are multi-purpose and heavy-duty for use in more demanding subsea operations. These units fall into the medium depth, such as underwater inspection, maintenance of offshore structure, and marine surveys, as they can accommodate added Vehicle Class such as high-definition cameras, sonar system, and manipulator capabilities to execute complex operations. This balance between portability and capability allows ROVs to find a home in various commercial industries, such as oil and gas, marine research, and underwater construction where reliability and performance are most crucial.

Based on Depth Capacity, this segment includes Less than 1000 Mts, 1000 Mts to 5000 Mts and more than 5000 Mts. The 1000 Mts to 5000 Mts segment dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. ROVs capable of operating between 1000 and 5000 meters are increasingly in demand due to their suitability for deeper offshore activities. These vehicles are equipped with advanced Vehicle Class, including enhanced navigation systems and high-resolution cameras, making them essential for tasks such as subsea inspections, pipeline monitoring, and scientific research. Their robust construction ensures reliability in challenging conditions, and they often feature specialized tools for complex interventions. As industries expand their exploration efforts into deeper waters, the need for ROVs in this depth range is expected to grow, driving technological innovations and operational efficiencies.

Based on Application, this segment includes Oil & Gas (Drilling Support, Construction Support, Inspection, Repair and Maintenance (IRM), Others), Defense & Security (Explosive Ordnance Disposal (EOD), Hull Inspections, Ballast Tank Inspections, Search and Rescue Operations), Scientific & Academic Research, Others. The Oil & Gas segment dominated the global market in 2024, while Defense & Security (Hull Inspections) is projected to be the fastest–growing segment during the forecast period. The importance of ROVs to the oil and gas industry can never be understated because, without them, improvement of drilling operations to more efficient safety would be almost impossible. Drilling Support is able to facilitate ROV operations with support from drilling equipment with live feeds for enhanced efficiency during actual drilling processes. 

Construction Support ROV helps lay down pipelines and establish subsea structures or performs the necessary surveys on how complex underwater construction jobs should be simplified. Subsea infrastructure integrity would depend on Inspection, Repair, and Maintenance, while ROVs would inspect pipelines and platforms regularly and carry out repairs. Some of the other applications within this segment are environmental monitoring and emergency response, and both are examples of the way ROVs can help in keeping operations safe and compliant.

Regional Analysis

Geographically, the Global Remotely Operated Vehicle (RVO) Market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa and South and Central America.

The Asia Pacific Remotely Operated Vehicle (RVO) market is growing rapidly, driven by the increase in demand for ROVS for oil and gas industry and increase in demand for deepwater exploration and development projects and increasing military spending. The Asia-Pacific region offers a growth opportunity market for unmanned underwater vehicles. With increasing defense budgets, heightened maritime security concerns, and reduced costs by the development of underwater Vehicle Class, prospects for the ROV market in the Asia-Pacific region are looking bright across the forecast period. 

Countries such as China, Japan, South Korea, and Australia are making huge investments in developing and inducting ROVs for a variety of applications including oceanic exploration, marine research, and naval operations. The market comprises a wide range of platforms in ROVs, from small man-portable systems to large, long-endurance vehicles. As regional powers work towards increasing their maritime capabilities, demand for advanced ROV solutions will only continue to increase—hence, the Asia-Pacific will turn into a strategic battleground between ROV manufacturers and Vehicle Class providers.

Major demand factors driving the North American Unmanned Underwater Vehicles market are sourced from the government of the United States, especially the Department of Defense. For ROV manufacturers, DoD is an essential downstream client that provides some stability through long-term contracts. Such ROVs are widely used in commercial applications by research institutions, oil and gas companies, or other clients for tasks concerning seafloor and pipeline inspection in addition to environmental monitoring in the government sector. Since ROV subtitle manufacturers experienced robust demand from all potential applications over the period, their story with respect to the contracts from the government and the oil and gas industry remains exceptional. Even when almost all industries had a challenging time because of the COVID pandemic in 2020, the revenue for the ROV manufacturers experienced a substantial increase since they received significant government funding that went in favour of shoring up the demand created by other industries that suffered a setback.

Growth of the ROV market in Europe has been gaining momentum in recent times, driven in part by growing underwater exploration and defense and security applications coupled with environmental monitoring. Europe is also a significant hub in the development and deployment of ROVs since some of the leading manufacturers and several research institutions are based there. The key market leaders in this include the United Kingdom, Germany, and France. Such countries are leading heavy investors in the development of advanced technologies in ROVs. They use these in developing ROVs for various applications ranging from military and defense to oil and gas exploration and scientific research. Another characteristic of the European ROV market is the large number of SMEs developing innovative solutions for ROVs. These companies are leveraging advanced research and development capabilities available in the region to create leading-edge ROV technologies that would help serve the diverse needs of the market.

This Middle East and Africa ROV market is likely to bully in the forecasted years due to some impulse factors, including the rise in offshore oil and gas exploration activities, surge in demand for maritime security, and underwater Vehicle Class evolution. Countries like Saudi Arabia, the United Arab Emirates, and South Africa are developing and fielding ROVs for a host of applications such as underwater inspection, mine countermeasures, and marine research. Another driver for this market is that in regional underwater operations, there is a need for cost-effective solutions which are operationally effective.

The South and Central America ROV market is likely to grow in view of the increasing demand from offshore oil and gas exploration, marine research, and environmental monitoring activities that are undertaken in this region. Countries like Brazil, Mexico, and Colombia are investing in the development and deployment of ROVs to support their maritime operations and enhance their underwater capabilities. Another driver for the market is the improved coastal and port security, coupled with growing interest in the region's ocean space for its sustainable management and conservation.

Key Findings of the Study

• The Global Remotely Operated Vehicle (RVO) Market is expected to reach USD 8,910.0 million by 2035, at a CAGR of 2% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on Type segment, ROV segment was attributed to holding the largest market in 2024.


• Kongsberg, Teledyne Technologies Incorporated, Exail Technologies, Saab Ab, Atlas Maridan, L3Harris Technologies, International Submarine Engineering Limited, Oceaneering International, Inc, Hydromea, Advanced Navigation, DeepOcean, Forum Energy Technologies, Inc, Total Marine Vehicle Class Pty Ltd, Soil Machine Dynamics Ltd, Shandong Future Robot Co. Ltd and others are some of the players in the market.