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South Korea Remotely Operated Vehicle Market

ID: MRFR/SEM/45193-HCR
200 Pages
Garvit Vyas
October 2025

South Korea Remotely Operated Vehicle Market Research Report: By Type (Observation Vehicle, Work Class Vehicle, Towed and Bottom-Crawling Vehicle) andBy Application (Oil and Gas Application, Military and Defense, Scientific Research, Others)- Forecast to 2035

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South Korea Remotely Operated Vehicle Market Summary

As per MRFR analysis, the South Korea remotely operated-vehicle market size was estimated at 0.07 USD Million in 2024. The South Korea remotely operated-vehicle market is projected to grow from 0.08 USD Million in 2025 to 0.203 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 10.42% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea remotely operated-vehicle market is poised for growth driven by technological advancements and increasing demand in various sectors.

  • Technological advancements are enhancing the capabilities of remotely operated vehicles, making them more efficient and versatile.
  • The defense applications segment is currently the largest, while the underwater exploration segment is the fastest-growing in the market.
  • Government support is fostering innovation and investment in the remotely operated-vehicle sector, contributing to its expansion.
  • Increased demand for underwater exploration and advancements in robotics and automation are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 0.07 (USD Million)
2035 Market Size 0.203 (USD Million)
CAGR (2025 - 2035) 10.42%

Major Players

Oceaneering International (US), Saab AB (SE), Teledyne Technologies (US), Kongsberg Gruppen (NO), Fugro (NL), Deep Ocean (GB), ECA Group (FR), Atlas Copco (SE), Schilling Robotics (US)

South Korea Remotely Operated Vehicle Market Trends

The remotely operated-vehicle market in South Korea is experiencing notable growth, driven by advancements in technology and increasing applications across various sectors. The demand for these vehicles is rising in industries such as marine exploration, defense, and environmental monitoring. As South Korea invests in research and development, the market is likely to see innovations that enhance the capabilities and efficiency of remotely operated vehicles. Furthermore, the government’s support for maritime technology initiatives appears to bolster the market's expansion, creating opportunities for local manufacturers and service providers. In addition to technological advancements, the remotely operated-vehicle market is influenced by the growing emphasis on safety and environmental sustainability. Companies are increasingly adopting these vehicles to conduct operations in hazardous environments, minimizing risks to human operators. The integration of artificial intelligence and automation into remotely operated vehicles may further enhance their functionality, making them more appealing to various industries. As South Korea continues to prioritize technological innovation, the remotely operated-vehicle market is poised for sustained growth, reflecting the nation’s commitment to advancing its maritime capabilities and addressing emerging challenges.

Technological Advancements

The remotely operated-vehicle market is witnessing rapid technological advancements, particularly in automation and artificial intelligence. These innovations enhance operational efficiency and expand the range of applications across sectors such as marine research and defense.

Government Support

The South Korean government is actively supporting the remotely operated-vehicle market through funding and initiatives aimed at promoting maritime technology. This support is likely to encourage local manufacturers and stimulate market growth.

Safety and Environmental Focus

There is a growing emphasis on safety and environmental sustainability within the remotely operated-vehicle market. Companies are increasingly utilizing these vehicles to perform tasks in hazardous environments, thereby reducing risks to human operators.

South Korea Remotely Operated Vehicle Market Drivers

Expansion of Offshore Energy Projects

The remotely operated-vehicle market is significantly impacted by the expansion of offshore energy projects in South Korea. With the country aiming to increase its renewable energy capacity, particularly in offshore wind and tidal energy, the demand for ROVs is likely to rise. These vehicles play a crucial role in the installation, maintenance, and inspection of underwater infrastructure associated with energy projects. The South Korean government has set a target to generate 20% of its energy from renewable sources by 2030, which is expected to drive investments in ROV technology. This trend suggests that as offshore energy initiatives grow, the remotely operated-vehicle market will benefit from increased utilization in supporting these projects.

Advancements in Robotics and Automation

The remotely operated-vehicle market is significantly influenced by advancements in robotics and automation technologies. South Korea, known for its robust technology sector, has seen a surge in the development of sophisticated ROVs equipped with cutting-edge sensors and AI capabilities. These innovations enhance operational efficiency and reduce human intervention, making ROVs more appealing to various industries, including oil and gas, construction, and environmental monitoring. The market is projected to grow at a CAGR of 12% over the next five years, reflecting the increasing integration of automation in ROV operations. This trend suggests that as technology continues to evolve, the remotely operated-vehicle market will likely expand, driven by the demand for more intelligent and autonomous systems.

Growing Interest in Defense Applications

The remotely operated-vehicle market is witnessing a surge in interest from defense sectors in South Korea. The government has recognized the strategic importance of ROVs for surveillance, reconnaissance, and combat support. Recent investments in military technology have led to the development of advanced ROVs capable of operating in hostile environments. The South Korean defense budget for 2025 allocates approximately $3 billion for unmanned systems, which includes ROVs. This focus on defense applications not only enhances national security but also stimulates innovation within the market. As defense agencies increasingly adopt ROVs for various missions, the market is expected to experience substantial growth, indicating a promising future for the industry.

Increased Demand for Underwater Exploration

The remotely operated-vehicle market in South Korea is experiencing heightened demand for underwater exploration, driven by the country's rich marine biodiversity and the need for sustainable resource management. As industries such as fisheries and marine research expand, the requirement for advanced remotely operated vehicles (ROVs) becomes more pronounced. The South Korean government has allocated approximately $200 million to support marine research initiatives, which is likely to boost the adoption of ROVs. Furthermore, the increasing interest in underwater tourism and environmental monitoring is expected to further propel the market. This trend indicates a growing recognition of the importance of ROVs in exploring and preserving marine ecosystems, thereby enhancing the overall market landscape.

Rising Environmental Regulations and Compliance

The remotely operated-vehicle market is influenced by the rising environmental regulations and compliance requirements in South Korea. As the government enforces stricter environmental protection laws, industries are compelled to adopt ROVs for monitoring and assessing environmental impacts. ROVs are increasingly utilized for tasks such as underwater inspections, pollution monitoring, and habitat assessments, which are essential for compliance with environmental standards. The market is projected to grow as companies seek to enhance their environmental stewardship and meet regulatory demands. This trend indicates that the remotely operated-vehicle market will likely expand as industries prioritize sustainability and compliance in their operations.

Market Segment Insights

By Product Type: Class III - Work-Class Vehicles (Largest) vs. Class I - Observation ROVS (Fastest-Growing)

The South Korea remotely operated-vehicle market is characterized by diverse product types, with Class III - Work-Class Vehicles holding the largest market share. These vehicles are preferred in complex tasks due to their robust capabilities. In contrast, Class I - Observation ROVS are emerging rapidly, attracting interest for their versatility in various applications, leading to significant market growth. Growth trends in this segment are propelled by technological advancements and increasing demands in commercial and industrial sectors. As operational efficiency and safety are prioritized, demand for Class III vehicles continues to rise. Meanwhile, Class I observation ROVS are becoming a go-to choice for operators seeking cost-effective and adaptable solutions, indicating a shift towards these innovative vehicles in the market landscape.

Class III - Work-Class Vehicles (Dominant) vs. Class I - Observation ROVS (Emerging)

Class III - Work-Class Vehicles are distinguished by their advanced capabilities and heavy-duty design, making them suitable for complex underwater tasks and a preferred choice for industries like oil and gas, and marine research. They dominate the market due to their reliability and efficiency in high-stakes environments. Conversely, Class I - Observation ROVS are gaining traction as an emerging solution, primarily due to their affordability and ease of use. These vehicles provide operators with essential data collection capabilities, making them attractive for new entrants in underwater operations. The distinct characteristics and operational benefits of both classes highlight the diversifying needs within the South Korea remotely operated-vehicle market.

By Type: Wired ROV (Largest) vs. Wireless ROV (Fastest-Growing)

In the South Korea remotely operated-vehicle market, the Wired ROV segment holds the largest share, driven by its reliability and robustness in various applications including underwater exploration and industrial inspections. On the other hand, the Wireless ROV segment is emerging rapidly, capturing attention due to its flexibility and ease of deployment, particularly in areas where cable connections are impractical. This has allowed it to gain a noteworthy share among innovative solutions for marine operations. The growth trends for these segments are significantly influenced by technological advancements and increasing demand for remote underwater operations. Wired ROVs are favored in traditional industries such as oil and gas, where dependability is crucial. Conversely, the Wireless ROV segment is predicted to grow faster as industries seek to adopt more technologically advanced methods and remote capabilities to enhance operational efficiency and safety.

Type: Wired ROV (Dominant) vs. Wireless ROV (Emerging)

Wired ROVs remain dominant in the South Korea remotely operated-vehicle market, particularly due to their ability to operate in challenging underwater environments where stable and high-quality data transmission is paramount. These ROVs typically feature robust construction, allowing for prolonged operational periods and access to deeper underwater locations. In contrast, Wireless ROVs present an emerging alternative that emphasizes mobility and ease of use, allowing operators to navigate more freely without the logistical challenges of cables. The growing trend towards automation and remote operations is fueling interest in Wireless technologies, and as connectivity improves, these vehicles are likely to see increased adoption in diverse marine applications.

By Weight: 91-907 Kg (Largest) vs. Above 907 Kg (Fastest-Growing)

In the South Korea remotely operated-vehicle market, the weight distribution reveals that the segment of 91-907 kg captures a significant market share, thereby establishing itself as the largest category within this sector. Meanwhile, the segment comprising vehicles that weigh above 907 kg is gradually shaping up to be the fastest-growing segment, reflecting a burgeoning demand for heavier vehicles that cater to specialized applications and complex environments. The growth trends in the weight segment are driven by advancements in technology and an increase in demand for heavier ROVs that offer enhanced capabilities and operational depth. Factors such as an expanding industrial sector, rising investments in underwater exploration, and the need for robust vehicles in harsh environments are propelling the demand for weight segments that exceed 907 kg. As businesses and governments alike seek more sophisticated remote-operated solutions, this segment is poised for substantial development in the coming years.

91-907 Kg (Dominant) vs. Above 907 Kg (Emerging)

The 91-907 kg segment is characterized by its adaptability and versatility, serving a wide range of applications from underwater inspections to construction tasks. Its dominance in the market can be attributed to a balanced mix of maneuverability and payload capacity, making it the go-to choice for many users within the South Korea remotely operated-vehicle market. On the other hand, the Above 907 kg segment is emerging strongly owing to its potential for advanced functionalities. These heavier ROVs are increasingly utilized for complex tasks such as deep-sea exploration and resource extraction, capitalizing on their ability to handle larger payloads and withstand challenging conditions. This growing trend indicates a shift in market dynamics towards heavier, more capable vehicles.

By Depth Capacity: 1000 Mts to 5000 Mts (Largest) vs. More than 5000 Mts (Fastest-Growing)

In the South Korea remotely operated-vehicle market, the depth capacity segment is divided into three primary categories: 'Less than 1000 Mts', '1000 Mts to 5000 Mts', and 'More than 5000 Mts'. The largest share is held by the 1000 Mts to 5000 Mts category, which dominates the market due to its versatility and wide application range, making it the preferred choice among operators. Meanwhile, the 'More than 5000 Mts' category is emerging rapidly, capturing attention for specialized applications in deep-sea exploration and offshore developments. As the demand for advanced deep-sea capabilities grows, the trend in this segment reveals an upward trajectory for deeper capacity ROVs. Key drivers for growth include increasing investments in marine research, offshore oil & gas projects, and a growing emphasis on sustainability in underwater exploration. The 'More than 5000 Mts' segment is expected to see the fastest growth due to innovations in technology and rising interest in untapped underwater resources, which are critical for future marine operations.

1000 Mts to 5000 Mts (Dominant) vs. More than 5000 Mts (Emerging)

The 1000 Mts to 5000 Mts depth capacity segment is dominant in the South Korea remotely operated-vehicle market, characterized by its adaptability for various tasks ranging from inspections to cable laying. Its established reputation in standard operations makes it a trusted choice among operators. In contrast, the 'More than 5000 Mts' segment is emerging, equipped for specialized deep-sea applications. This segment benefits from technological innovations, such as enhanced materials and advanced navigation systems, allowing these ROVs to operate effectively in challenging underwater environments. Industry dynamics point toward an increasing reliance on these deeper capacity ROVs for critical exploration and extraction activities, suggesting a shift in market priorities as operators seek more capable underwater vehicles.

By Application: Oil & Gas (Largest) vs. Defense & Security (Fastest-Growing)

In the South Korea remotely operated-vehicle market, the application segments are dominated by Oil & Gas, accounting for a significant share of market usage. This segment's rigorous demand stems from the need for unmanned operations in hazardous environments, providing a substantial advantage that drives its extensive adoption. Following closely is the Defense & Security sector, which is rapidly gaining traction due to heightened global security concerns and investments in surveillance technologies, enhancing its position in the market. The growth trends in these segments are largely influenced by technological advancements and rising operational efficiency requirements. The Oil & Gas sector continues to invest in ROVs for enhanced exploration and maintenance activities, while the Defense & Security segment benefits from increased government spending on military technologies and the ever-evolving nature of threats, which necessitates advanced remote surveillance capabilities.

Oil & Gas (Dominant) vs. Defense & Security (Emerging)

The Oil & Gas application segment remains the dominant force in the South Korea remotely operated-vehicle market. Its established infrastructure and ongoing projects ensure steady demand for ROVs, especially in deep-sea exploration and pipeline inspection. On the other hand, the Defense & Security sector is emerging as a critical player, fueled by the need for real-time intelligence and surveillance. As military strategies evolve towards more remote and automated systems, investments in ROV technology are set to increase. The high operational capabilities of ROVs in both harsh underwater environments and complex missions present a competitive edge that appeals to both sectors. As technologies advance, the integration of AI and automation in these applications will likely lead to improved efficiency and operational scope.

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Key Players and Competitive Insights

The remotely operated-vehicle market in South Korea is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand across various sectors, including oil and gas, marine research, and defense. Key players such as Oceaneering International (US), Teledyne Technologies (US), and Kongsberg Gruppen (NO) are strategically positioned to leverage innovation and partnerships to enhance their market presence. Oceaneering International (US) focuses on integrating advanced robotics and AI into their ROV systems, which appears to be a critical factor in maintaining their competitive edge. Meanwhile, Kongsberg Gruppen (NO) emphasizes regional expansion and collaboration with local firms to tailor solutions that meet specific market needs, thereby enhancing their operational effectiveness.

The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to reduce costs and improve service delivery. The market structure is moderately fragmented, with several players vying for market share, yet the collective influence of major companies shapes competitive dynamics significantly. This fragmentation allows for niche players to emerge, while larger firms consolidate their positions through strategic acquisitions and partnerships.

In August 2025, Teledyne Technologies (US) announced a partnership with a South Korean marine research institute to develop next-generation ROVs equipped with enhanced data collection capabilities. This collaboration is likely to bolster Teledyne's reputation in the region and expand its technological offerings, aligning with the growing emphasis on data-driven decision-making in marine operations. Furthermore, in September 2025, Kongsberg Gruppen (NO) launched a new ROV model designed specifically for deep-sea exploration, which could potentially redefine operational standards in the industry, showcasing their commitment to innovation and sustainability.

In October 2025, Oceaneering International (US) unveiled a new AI-driven navigation system for their ROVs, which is expected to improve operational efficiency and safety in challenging underwater environments. This development not only enhances their product portfolio but also positions Oceaneering as a leader in integrating cutting-edge technology into traditional ROV applications. Additionally, in November 2025, Fugro (NL) announced the acquisition of a local ROV service provider, which may strengthen their market position and expand their service capabilities in South Korea, reflecting a trend towards consolidation in the industry.

As of November 2025, the most pressing trends shaping competition in the remotely operated-vehicle market include digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly pivotal, as companies seek to pool resources and expertise to navigate complex market demands. The competitive landscape is likely to evolve from a focus on price-based competition to one centered on innovation, technological advancement, and supply chain reliability, suggesting that companies that prioritize these areas will be better positioned for future success.

Key Companies in the South Korea Remotely Operated Vehicle Market market include

Industry Developments

In the South Korea Remotely Operated Vehicle Market, significant developments have occurred recently, including advancements by major companies such as Hyundai Heavy Industries and Samsung Heavy Industries, focusing on enhancing ROV technology for underwater exploration and inspection services.

As of October 2023, growth in the market valuation of these companies has been attributed to increased demand for subsea operations driven by the oil and gas sector. There have been notable research collaborations as well, such as between Daejeon University and Korea Maritime and Ocean University, aimed at technological innovations in underwater robotics.

Additionally, LIG Nex1 is expanding its role in developing ROVs for defense purposes. Recent mergers and acquisitions have been unfolding, with Hyundai Robotics announcing a strategic acquisition of Ocean Manufacturing in September 2023 to strengthen its position in the ROV manufacturing landscape.

Other key players like Korea Shipbuilding and Offshore Engineering are also investing in RD to enhance their existing capabilities.

Over the past few years, the market has seen substantial growth supported by increased government funding for maritime Research and Development initiatives, particularly in 2021 and 2022, as South Korea aims to solidify its global presence in the marine technology sector.

Future Outlook

South Korea Remotely Operated Vehicle Market Future Outlook

The remotely operated-vehicle market is projected to grow at a 10.42% CAGR from 2024 to 2035, driven by technological advancements, increased demand in various sectors, and enhanced operational efficiencies.

New opportunities lie in:

  • Development of advanced AI-driven navigation systems for enhanced operational safety.
  • Expansion into underwater exploration services for natural resource management.
  • Integration of real-time data analytics for improved decision-making in remote operations.

By 2035, the market is expected to achieve substantial growth, positioning itself as a leader in innovative operational solutions.

Market Segmentation

South Korea Remotely Operated Vehicle Market Type Outlook

  • Wired ROV
  • Wireless ROV

South Korea Remotely Operated Vehicle Market Weight Outlook

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

South Korea Remotely Operated Vehicle Market Application Outlook

  • Oil & Gas
  • Defense & Security
  • Scientific & Academic Research
  • Others

South Korea Remotely Operated Vehicle Market Product Type Outlook

  • Class I - Observation ROVS
  • Class II - Observation ROVS with Payload Option
  • Class III - Work-Class Vehicles
  • Class IV - Towed and Bottom-Crawling Vehicles
  • Class V - Prototype or Development Vehicles

South Korea Remotely Operated Vehicle Market Depth Capacity Outlook

  • Less than 1000 Mts
  • 1000 Mts to 5000 Mts
  • More than 5000 Mts

Report Scope

MARKET SIZE 2024 0.07(USD Million)
MARKET SIZE 2025 0.08(USD Million)
MARKET SIZE 2035 0.203(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 10.42% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Oceaneering International (US), Saab AB (SE), Teledyne Technologies (US), Kongsberg Gruppen (NO), Fugro (NL), Deep Ocean (GB), ECA Group (FR), Atlas Copco (SE), Schilling Robotics (US)
Segments Covered Product Type, Type, Weight, Depth Capacity, Application
Key Market Opportunities Advancements in automation and AI enhance operational efficiency in the remotely operated-vehicle market.
Key Market Dynamics Technological advancements drive innovation in remotely operated-vehicle applications, enhancing operational efficiency and safety in South Korea.
Countries Covered South Korea

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FAQs

What is the expected market size of the South Korea Remotely Operated Vehicle Market in 2024?

The South Korea Remotely Operated Vehicle Market is expected to be valued at 78.0 USD Million in 2024.

What will be the projected market size by 2035?

By 2035, the South Korea Remotely Operated Vehicle Market is projected to reach a value of 304.0 USD Million.

What is the expected CAGR for the South Korea Remotely Operated Vehicle Market from 2025 to 2035?

The expected CAGR for the South Korea Remotely Operated Vehicle Market from 2025 to 2035 is 13.164%.

Which type of remotely operated vehicles is expected to have the highest market value in 2035?

The Work Class Vehicle segment is expected to have the highest market value at 120.0 USD Million in 2035.

What was the market value of Observation Vehicles in 2024?

The market value of Observation Vehicles in 2024 is estimated at 26.0 USD Million.

Who are the key players in the South Korea Remotely Operated Vehicle Market?

Key players in the market include Hyundai Heavy Industries, Samsung Heavy Industries, and Daewoo Shipbuilding and Marine Engineering.

What is the expected market size for Towed & Bottom-Crawling Vehicles in 2035?

The expected market size for Towed & Bottom-Crawling Vehicles is projected to be 84.0 USD Million in 2035.

What are the key applications driving growth in the South Korea Remotely Operated Vehicle Market?

Key applications include underwater exploration, marine research, and offshore oil and gas operations.

What challenges does the South Korea Remotely Operated Vehicle Market face?

Challenges include technological advancements and competition from alternative marine technologies.

Are there any emerging trends in the South Korea Remotely Operated Vehicle Market?

Emerging trends include increased investment in autonomous underwater vehicles and advancements in remote control technologies.

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