Remotely Operated Vehicle Market

The remotely operated vehicle market is projected to grow from USD 2.80 billion in 2025 to USD 4.08 billion by 2030 at a CAGR of 7.8%. The global market is driven by expanding offshore oil & gas activities, including deep-water production and subsea asset inspection. Increasing deployment of offshore wind farms is accelerating demand for subsea construction and maintenance support. Defense procurement for underwater surveillance and mine countermeasure capabilities adds consistent spending. Additionally, growth in subsea research, environmental monitoring, and critical pipeline inspection strengthens market adoption, as industries prioritize operational safety, asset integrity, and reduced risk in complex undersea environments.

To know about the assumptions considered for the study download the pdf brochure

Major market players include Forum Energy Technologies, Inc., L3Harris Technologies, Inc., BAE Systems, Oceaneering International, Inc., and Saipem S.p.A. These companies have employed various organic and inorganic growth strategies, including acquisitions, agreements, collaborations, expansions, partnerships, and product launches, to enhance their international footprint and capture a significant share of the remotely operated vehicle market.

Forum Energy Technologies, Inc. is an engineering and manufacturing company that provides equipment and services to the energy, industrial, and defense sectors. Its operations cover subsea systems, drilling equipment, production technologies, and flow management products used in offshore and onshore activities. Within its subsea portfolio, the company designs and manufactures work-class and inspection-class ROVs, trenchers, tether management systems, and submarine rescue platforms supplied under the Perry Slingsby Systems and Sub-Atlantic brands. Its unmanned underwater systems support inspection, intervention, survey, trenching, and submarine rescue functions for commercial operators and naval organizations. The company also develops manned rescue vehicles and associated launch and recovery systems for submarine emergency response. It maintains engineering, manufacturing, testing, and lifecycle-support capabilities, including subsea system integration and hyperbaric testing facilities, to support its products across defense and offshore applications.

L3Harris Technologies, Inc. is a US-based defense and technology company that provides systems and services across air, land, sea, space, and cyber domains. The company operates globally and is structured around multiple business segments covering communication systems, aviation systems, integrated mission systems, and space and airborne technologies. Its activities include the design, engineering, production, and support of platforms, sensors, communication equipment, electronic systems, and mission-management technologies used by defense, government, and commercial operators. Within the unmanned maritime domain, L3Harris supplies underwater and surface systems, including the IVER family of autonomous underwater vehicles and supporting mission equipment used for survey, mine countermeasures, security operations, and environmental data collection. The company maintains engineering, manufacturing, testing, and lifecycle-support capabilities through facilities in the US and international locations.

BAE Systems is a UK-based defense and aerospace company that develops, manufactures, and supports systems across land, sea, air, cyber, and space domains. The company operates in more than 40 countries with a workforce of about 110,000 employees and maintains major businesses in electronic systems, platforms and services, air systems, maritime programs, and cyber and intelligence solutions. Its operations cover engineering, production, system integration, and long-term support for government and security customers. In the underwater segment, BAE Systems supplies technologies and components used in naval platforms and unmanned underwater systems, including mission systems, sensors, electronic components, and integration capabilities that support autonomous and remotely operated underwater vehicles used in surveillance, mine countermeasures, and naval operations. These activities are supported by global engineering centres, production sites, and lifecycle support functions across the company’s business units.

Oceaneering International, Inc. is a US-based engineering and technology company that provides products and services primarily for offshore energy, with additional activities in defense, aerospace, material handling, and industrial sectors. The company’s operations cover remotely operated vehicles, subsea hardware, tooling, project management, and specialized engineering support across the lifecycle of offshore and subsea assets. Its portfolio includes work-class and inspection-class ROV systems, intervention tools, and subsea connection equipment used in construction, inspection, and maintenance tasks. In the unmanned underwater segment, Oceaneering develops and operates platforms such as the Nexxus, Magnum Plus, Millennium Plus, Isurus, and eNovus work-class ROVs, as well as resident systems including Freedom and Liberty. These systems support intervention, survey, inspection, and operational tasks in deep-water and high-current environments. The company also provides associated engineering, integration, field services, and long-term operational support to energy and government clients.

Saipem S.p.A. is an Italy-based engineering and construction company that delivers onshore and offshore infrastructure for the energy and industrial sectors. Its operations span project design, engineering, procurement, installation, and maintenance of pipelines, subsea systems, processing facilities, and complex energy-related structures. The company uses its offshore construction and installation fleet to support field development, subsea intervention, and inspection tasks across deep-water and shallow-water environments. Within underwater operations, Saipem employs a range of remotely operated vehicles and autonomous underwater systems to support inspection, survey, trenching, and construction activities. Its ROV portfolio includes work-class systems used for subsea installation, maintenance, and intervention, while its autonomous underwater vehicles support pipeline inspection, seabed mapping, and environmental surveys. These systems are integrated into Saipem’s broader subsea engineering and field-support services, which include system integration, operational planning, data acquisition, and lifecycle maintenance for offshore projects

Related Reports:

ROV Market by Size (Observation Class, Medium/Small, Work Class), Application (Military & Defense, Oil & Gas, Environmental Protection & Monitoring, Oceanography, Archaeology & Exploration), System, Speed, Propulsion, and Region - Global Forecast To 2030

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com