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Remotely Operated Vehicle Market

ID: MRFR/SEM/5558-CR
280 Pages
Shubham Munde
February 2026

Remotely Operated Vehicles (ROV) Market Research Report by Type (Wired ROV, Wireless ROV), By Vehicle Class (Micro or Mini, Light Work Class, Work Class, Observation Class, Inspection Class), By Vehicle Weight (Up to 90 Kg, 91-907 Kg, Above 907 Kg), By Depth Capacity (Less than 200 Mts, 201 to 1000 Mts, More than 1000 Mts), By End User (Oil and Gas, Defense and Security, Scientific and Academic Research, Ship Repair & Maintenance, Others), By Region – Forecast to 2035

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Remotely Operated Vehicle Market Summary

As per Market Research Future analysis, the Remotely Operated Vehicles (ROV) Market Size Was Valued at USD 2,789.8 Million in 2024. The Global Remotely Operated Vehicles (ROV) Industry Is Projected to grow from USD 3,135.8 Million in 2025 to USD 8,183.6 Million by 2035, Exhibiting A Compound Annual Growth Rate (CAGR) of 10.1% during the Forecast Period (2025 - 2035).

Key Market Trends & Highlights

The Remotely Operated Vehicles (ROV) Market is experiencing robust growth driven by several key factors. The surge in global rig count trends, has propelled the market forward. The worldwide rig count reflects the intensity of oil and gas exploration and production across regions over time. North America consistently shows the highest activity, with rig counts ranging from 527 in 2020 to 745 in 2025. Moreover, Expansion of the Unmanned Sea System Market Supporting ROV Growth, further boosting demand. The global Remotely Operated Vehicles (ROV) is witnessing steady growth driven by:

  • Global Rig Count Trends
  • Expansion of the Unmanned Sea System Market Supporting ROV Growth.
  • Adoption of AI and Autonomous Capabilities

Market Size & Forecast

2024 Market Size 2,789.8 (USD Million)
2035 Market Size 8,183.6 (USD Million)
CAGR (2025 - 2035) 10.1%

Major Players

Oceaneering International, Inc, KONGSBERG, Teledyne Technologies Incorporated, DeepOcean, L3Harris Technologies, Forum Energy Technologies, Inc., Exail Technologies, International Submarine Engineering Limited (ISE), Soil Machine Dynamics Ltd (SMD), Total Marine Technology Pty Ltd., Saab.

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Remotely Operated Vehicle Market Trends

Improved Sensors and Payload Integration

The adoption of advanced sensors and modular payloads to increase the functionality of ROVs is one of the most evident trends in the market. Contemporary ROVs are also being fitted with high-definition cameras, multi-beam sonars, laser scanners, and non-destructive testing (NDT) equipment, making them capable of conducting accurate inspections of the pipelines, turbines, and other infrastructure underwater. As an illustration, the ROVs deployed in the North Sea oil fields are usually equipped with Cathodic Protection (CP) probes and ultrasonic corrosion sensors. It enables one deployment to handle various inspection and maintenance operations, which enhances efficiency and reduces the cost of running the operations.

Enhanced Connectivity Miniaturization and Energy Efficiency

The movement to smaller and lighter and more energy efficient ROVs is allowing them to be used in other areas like aquaculture, dam inspection, and port security. Portable inspection-size ROVs of firms such as Blueye Robotics and Deep Trekker are made to be easy to transport, and their operators can be trained to operate them in the shortest possible time. Simultaneously, the advances in the battery technology and energy-efficient propellers are increasing the operational length and shortening the environmental impact. This is a small form and energy saving combination that is making ROVs available to more markets, than the traditional oil and gas markets.

Implementation of Autonomous Capabilities AI adoption.

One of the trends in the ROV operations is the integration of artificial intelligence (AI), which allows automating inspection and data analysis processes. With the combination of machine learning and computer vision, nowadays, ROVs can recognize cracks, leaks, or corrosion on subsea assets with high accuracy. An example is the Liberty ROV system of Oceaneering that uses AI technologies to facilitate the inspection process and minimize the human factor. The realization of hybrid ROV/AUV systems that are autonomously navigable is also being realized and this will enable ROVs to perform missions with minimal human intervention, a factor that will save a lot of money and enhance efficiency.

Remotely Operated Vehicle Market Drivers

Increasing Global Rig Count Trends

The number of rigs in the world in any given period indicates the degree of oil and gas exploration and production in the various regions. North America is the busiest, and the number of rigs has been reported as 527 in 2020 and 745 in 2025. Although the numbers in this region have fallen since its peak in 2019, the presence of the rigs is large and stable, which speaks of its investments and dominance in the energy industry. The Middle East too is a key participant with the number of rigs exceeding 265 showing strength and continued exploration in spite of the world shocks.
Moderate fluctuations are observed in other regions like Asia-Pacific and Latin America and this implies emerging opportunities and changing investments. The fact that Asia-Pacific has been steadily rising since 182 in 2021 to 207 in 2025 is indicative of sustained growth, and Latin America is recovering since 107 in 2020 to 135 in 2025 is a sign of re-emphasis on exploration. Conversely, Europe and Africa have lesser but stable rig activity, which indicates niche markets and stable regional demand without expansions and contractions.
Generally, the rig count trends reflect the manner in which the global energy landscape is changing with the market dynamics, technology and geopolitics. The 2020 drastic drops in all regions would be attributed to the effect of the pandemic, with subsequent recoveries varying according to the region. Through these patterns, the stakeholders in the industry are in a better position to determine the level of supply, invest, and manoeuvre the uncertainties in the global oil and gas mask.

Expansion of the Unmanned Sea System Market Supporting ROV Growth

A key force behind the ROV market is the booming global unmanned sea system market particularly the unmanned underwater vehicles (UUVs). UUVs are projected to increase to EUR14.1 billion by 2030 with an annual CAGR of 15.8, and thus there is an evident increase in the demand of the subsea exploration, inspection and maintenance technologies. ROVs are essential to such operations, complex underwater work, and the growing use of unmanned systems is the direct driver of the necessity of high-quality and reliable ROV solutions. The marine industry is also changing with the trend of automation and remote operations where the key priorities are safety, efficiency, and cost-effectiveness. With companies investing in unmanned sea systems to minimize human risk and work in deeper or more adverse environments, ROVs are becoming essential instruments of data collection, repair and monitoring. This increasing dependence on remotely operated technology makes ROVs stronger in the market and promotes further innovation and use.

Moreover, an increase in the use of offshore oil and gas, defense, marine research, and underwater infrastructure development, among other sectors, is also leading to investments in both USVs and UUVs. These industries demand accurate and strong underwater equipment and ROVs play a very important role in the operational success of these sectors. With the growing range of the unmanned systems, there is also a growing need in the use of ROVs to assist in the operations of the unmanned systems and this has seen the unmanned sea system market as a major and sustained growth driver to the overall ROV market in the world.

Market Segment Insights

By Vehicle Class: Work Class (Dominating market)

Based on vehicle class, the Remotely Operated Vehicles (ROV) Market has been segmented into Micro or Mini, Light Work Class, Work Class, Observation Class, and Inspection Class. In 2024, work class segment accounted for the largest market share. Work Class ROVs are full-size and heavy-duty types that operate in complex underwater tasks at very deep depths. They are fitted with several manipulators, sophisticated sensors and tooling and are essential in oil and gas exploration offshore, construction in sub-sea and defense operations. They are able to deal with the repair of pipelines, drilling assistance and heavy lifting. Their strength is such that they are the workhorse of subsea industrial operations in the world.

By Vehicle Weight: Above 907 Kg (largest segment)

Based on vehicle weight, the Remotely Operated Vehicles (ROV) Market has been segmented into Up to 90 Kg, 91-907 Kg, and Above 907 Kg. The Above 907 Kg segment accounted for the largest share in Remotely Operated Vehicles (ROV) Market in 2024. ROVs with heavy duty are heavier than 907 kg and are used in deep sea and extreme conditions. The ROVs are of high-endurance which is accompanied by advanced technologies that render them effective in complex underwater constructions, exploration of deep seas and in conducting mass inspection of offshore platforms and pipes. They are heavy hence resistant to heavy currents and pressure of water at lower levels and hence in massive demand in oil and gas industry, marine archaeology and scientific research.

By Depth Capacity: More than 1000 Mts (largest and fastest growing segment)

Based on depth capacity, the Remotely Operated Vehicles (ROV) Market has been segmented into Less than 200 Mts, 201 to 1000 Mts, More than 1000 Mts. In the year 2024, More than 1000 Mts segment dominated the market. Deep-sea work-class ROVs are designed with a depth rating over 1000 meters and designed to be used in deep-sea exploration, offshore drilling support, subsea mining, and defense operations. They can also operate in high-pressure environments and have advanced sensors, manipulator arms, and powerful tooling systems. This segment is projected to continue growing as the demand of deepwater oil exploration and gas exploration as well as the interest in seabed mining increases.

By End User: Oil and Gas (largest and fastest growing segment)

Based on type the Remotely Operated Vehicles (ROV) Market has been segmented into Oil and Gas, Defense and Security, Scientific and Academic Research, Ship Repair and Maintenance, and Other. Further the Oil and Gas is classified as Drilling Support, Construction Support, Inspection Repair and Maintenance (IRM), and Others. Whereas the Defense and Security is classified as Explosive Ordnance Disposal (EOD), Hull Inspections, Ballast Tank Inspections, and Search and Rescue Operations. Oil and Gas segment accounted for the largest share in Remotely Operated Vehicles (ROV) Market in 2024.

By Type: Wired ROV (Largest market share holder)

Based on Type, the Remotely Operated Vehicles (ROV) Market has been segmented into Wired ROV, and Wireless ROV. The Wired ROV dominated the market in 2024. Tethered systems are Wired Remotely Operated Vehicles which are connected to a surface control unit via a cable. It is a reliable communications and power source. The connection allows real time control and data transmission and appropriate in the deep sea exploration and industrial usage where consistency in performance is highly regarded. The tether typically contains a video, data, and power conductor combination in order to provide continuous operation. The use of a cable is however limiting as far as movement and mobility in the deep seafloor area is concerned. Nevertheless, piped ROVs are favored due to their stability and high-bandwidth capability at high depths.

Get more detailed insights about Remotely Operated Vehicle Market

Regional Insights

Based on region, the Global Aircraft Video Surveillance Market is segmented into North America, Europe, Asia-Pacific, South America and Middle East and Africa. North America accounted for the largest market share in 2024 and is anticipated to reach USD 2,674.2 Million by 2035. Asia-Pacific is projected to grow at the highest CAGR of 8.2% during the forecast period.

Remotely Operated Vehicles (ROV) Market Regional Insights

North America: Deepwater offshore operations hub

North America dominates the world ROV marketplace by means of a large number of offshore oil and gas activities especially in the deepwater and ultra-deepwater fields. The high emphasis on offshore asset inspection, maintenance, and repair in the region is enhancing the introduction of sophisticated ROV systems. Also, the market is growing as a result of high investments in underwater infrastructure, naval defense applications, and underwater research activities. On-going technological developments in imaging, navigation and automation, and restrictive safety requirements reducing the scope of human diving activities further reinforce ROV demand in the region.

Europe: Offshore renewables and inspection

Europe is an advanced ROV market that is backed by the vast number of offshore wind energy installations, cable networks, and oil and gas in the North Sea. The need to maintain offshore wind farms and the growing focus on renewable energy has boosted the demand of both inspection-class and work-class ROVs by a significant margin. Also, stringent environmental and safety conditions are promoting the application of remote operated systems in place of the traditional ones. The further market growth in the region is provided by constant innovation in underwater robotics and close cooperation of energy companies with technology providers.

Asia-pacific: Rapid offshore infrastructure growth

The most rapidly growing region of the ROV market is Asia Pacific, which is promoted by the rise in the number of offshore exploration projects, the development of underwater infrastructure, and the intensification of naval modernization. The ROV solutions are in high demand as the countries in the region invest in underwater surveillance, mapping of seabed, and offshore energy projects. Moreover, increased use of ROVs in marine research, aquaculture research, and port inspection is facilitating the growth of the market. The market perspective in the Asia Pacific is still getting better owing to the rapid industrialization and technological developments.

South America: Offshore energy-driven demand

The South American market of ROV is also showing a stable growth and this growth has been facilitated by the exploration of offshore oil and gas, especially in deepwater fields. The demand of work-class ROVs is increasing as due to the growing investment in the inspection and maintenance of subsea pipelines. Although the market development can be affected by the change in energy prices, the long-term offshore development projects still contribute to the adoption of ROV. Also, there is a gradual market growth in the region due to an enhancement of regulatory frameworks and an increase in attention to the operational safety.

Middle-East & Africa: Harsh environment subsea operations

The region of the Middle East and Africa is experiencing an increasing adoption of ROVs as a result of the growing offshore oil and gas production, the development of underwater infrastructure and the growing interest of underwater asset security. ROVs are more frequently applied in the inspection, maintenance and monitoring of severe marine environments where human intervention is restricted. Also, an increase in investments in offshore energy projects and slow uptake of new technologies in the subsea are also contributing to the growth of the market. The focus on strategic protection of underwater properties is yet another boost to regional demand.

Remotely Operated Vehicle Market Regional Image

Key Players and Competitive Insights

The Remotely Operated Vehicles (ROV) Market is quite dynamic in terms of competition due to the continuous improvements in the technology. Due to the technology advancement, coupled with the rising number of ai and autonomous capabilities and demand for enhanced connectivity miniaturization and energy efficiency, the competitiveness of the market of Remotely Operated Vehicles (ROV)s is shifting rapidly. The industry participants or the players of the global automotive connectivity market have been pointed out as Oceaneering International, Inc, KONGSBERG, Teledyne Technologies Incorporated, DeepOcean, L3Harris Technologies, Forum Energy Technologies, Inc., Exail Technologies, International Submarine Engineering Limited (ISE), Soil Machine Dynamics Ltd (SMD), Total Marine Technology Pty Ltd., Saab, and others. Firms are keen on achieving substantial market share by creating new products in the market and by mergers and acquisitions. These companies are putting a lot of capital into research and development in an effort to increase the efficiency of the types, dependability, and compatibility of ROVs. Companies are tying up with numerous technology suppliers with an aim of making sure that modern ROVs solutions are now open to dynamism, more regulatory and safety standards, thereby creating a much-needed trust, and fueling market growth.

Key Companies in the Remotely Operated Vehicle Market include

Industry Developments

August 2025: Oceaneering announced $180 Million of Subsea Robotics Contracts with Petrobras. Oceaneering will provide work class remotely operated vehicle (“ROV”) services, specialized tooling packages, and survey services onboard multiple anchor handling and ROV support vessels working on Petrobras projects offshore Brazil.

September 2023: Oceaneering International announces at Offshore Europe that its Subsea Robotics group is introducing a new Unmanned Surface Vehicle (USV) service to support remote survey work scopes. Oceaneering has reached an agreement with Exail to purchase its first DriX USV. The DriX USV will enable Oceaneering to improve operational efficiencies, reduce vessel time, and significantly lower carbon emissions for deepwater geophysical, asset inspection, and offshore/nearshore survey operations.

Future Outlook

Remotely Operated Vehicle Market Future Outlook

The Remotely Operated Vehicle Market (ROV) Market is projected to grow at a 10.1% CAGR from 2025 to 2035, driven by the global rig count trends and expansion of the unmanned sea system market supporting ROV growth.

New opportunities lie in:

  • Enhancing Comfort and Connectivity Through Biometric and AI Integration
  • Lightweight and Space-Efficient Seating for Electric and Autonomous Vehicles

By 2035, the ROV market is expected to be robust, driven by technological advancements and diverse applications.

Market Segmentation

Global Remotely Operated Vehicles (ROV) Type Outlook

  • Wired ROV
  • Wireless ROV

Global Remotely Operated Vehicles (ROV) End User Outlook

  • Oil and Gas
  • Defense and Security
  • Scientific and Academic Research
  • Ship Repair & Maintenance
  • Others

Global Remotely Operated Vehicles (ROV) Regional Outlook

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • South America
  • Rest of South America

Global Remotely Operated Vehicles (ROV) Vehicle Class Outlook

  • Micro or Mini
  • Light Work Class
  • Work Class
  • Observation Class
  • Inspection Class

Global Remotely Operated Vehicles (ROV) Depth Capacity Outlook

  • Less than 200 Mts
  • 201 to 1000 Mts
  • More than 1000 Mts

Global Remotely Operated Vehicles (ROV) Vehicle Weight Outlook

  • Up to 90 Kg
  • 91-907 Kg
  • Above 907 Kg

Report Scope

Market Size 2024

2,789.8 (USD Million)

Market Size 2025

3,135.8 (USD Million)

Market Size 2035

8,183.6 (USD Million)

Compound Annual Growth Rate (CAGR)

10.1% (2025 - 2035)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Base Year

2024

Market Forecast Period

2025 - 2035

Historical Data

2019 - 2023

Market Forecast Units

USD Million

Key Companies Profiled

Oceaneering International, Inc, KONGSBERG, Teledyne Technologies Incorporated, DeepOcean, L3Harris Technologies, Forum Energy Technologies, Inc., Exail Technologies, International Submarine Engineering Limited (ISE), Soil Machine Dynamics Ltd (SMD), Total Marine Technology Pty Ltd., Saab.

Segments Covered

By Type, By Vehicle Class, By Vehicle Weight, By Depth Capacity, By End User

Key Market Opportunities

·     Enhancing Comfort and Connectivity Through Biometric and AI Integration

·     Lightweight and Space-Efficient Seating for Electric and Autonomous Vehicles

Key Market Dynamics

·    Global Rig Count Trends

·    Expansion of the Unmanned Sea System Market Supporting ROV Growth

Region Covered

North America, Europe, APAC, South America, MEA

 

Market Highlights

Author
Shubham Munde
Research Analyst Level II

With a technical background in information technology & semiconductors, Shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the ICT/Semiconductor domain. Shubham holds a Bachelor’s in Information and Technology and a Master of Business Administration (MBA). Shubham has executed over 150 research projects for our clients under the brand name Market Research Future in the last 2 years. His core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. He is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. He has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. He has worked on the projects of top tech brands such as IBM, Google, Microsoft, AWS, Meta, Oracle, Cisco Systems, Samsung, Accenture, VMware, Schneider Electric, Dell, HP, Ericsson, and so many others. He has worked on Metaverse, Web 3.0, Zero-Trust security, cyber-security, blockchain, quantum computing, robotics, 5G technology, High-Performance computing, data centers, AI, automation, IT equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.

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FAQs

What is the projected market valuation for the Remotely Operated Vehicle (ROV) market in 2035?

The projected market valuation for the Remotely Operated Vehicle (ROV) market in 2035 is 8,183.6 USD Million.

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