

The global Underwater ROV market size is predicted to grow from US$ 95.5 million in 2025 to US$ 158 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031.
An underwater remotely operated vehicle (ROV) is an unoccupied underwater robot that is connected to a ship by a series of cables. These cables transmit command and control signals between the operator and the ROV, allowing remote navigation of the vehicle. An ROV may include a video camera, lights, sonar systems, and an articulating arm. The articulating arm is used for retrieving small objects, cutting lines, or attaching lifting hooks to larger objects. The report mainly focuses on ROVs with max working depth between 100 to 500m.
This market has witnessed significant growth owing to increased usage in aquaculture, dams and ships inspection and scientific and research. Increased investment in underwater ROV by leading players is expected to favourably impact market growth over the forecast period.
The Asia Pacific is expected to be the fastest-growing market over the forecast period owing to extensive usage in the market. Developing Countries such as China, India and Southeast Asia have great potential due to the fast economy development.
For the underwater ROV industry, the market is concentrated. VideoRay, Teledyne and ECA Group are the leader companies globally. The top five manufacturers have more than 30% of the market share and they have expanded their sales worldwide.
The “Underwater ROV Industry Forecast” looks at past sales and reviews total world Underwater ROV sales in 2024, providing a comprehensive analysis by region and market sector of projected Underwater ROV sales for 2025 through 2031. With Underwater ROV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Underwater ROV industry.
This Insight Report provides a comprehensive analysis of the global Underwater ROV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Underwater ROV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Underwater ROV market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Underwater ROV and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Underwater ROV.
This report presents a comprehensive overview, market shares, and growth opportunities of Underwater ROV market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Max Depth 100-300m
Max Depth 301-500m
Segmentation by Application:
Aquaculture
Dams and Ships Inspection
Scientific and Research
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
VideoRay
Teledyne
Eca Group
Deep Trekker
SEAMOR Marine
Lighthouse
Saab
Deep Ocean Engineering
ROBOSEA
Blueye Robotics
Deepinfar
Shenzhen Vxfly
Nido Robotics
Subsea Tech
Blue Robotics
IROV Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Underwater ROV market?
What factors are driving Underwater ROV market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Underwater ROV market opportunities vary by end market size?
How does Underwater ROV break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Underwater ROV Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Underwater ROV by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Underwater ROV by Country/Region, 2020, 2024 & 2031
2.2 Underwater ROV Segment by Type
2.2.1 Max Depth 100-300m
2.2.2 Max Depth 301-500m
2.3 Underwater ROV Sales by Type
2.3.1 Global Underwater ROV Sales Market Share by Type (2020-2025)
2.3.2 Global Underwater ROV Revenue and Market Share by Type (2020-2025)
2.3.3 Global Underwater ROV Sale Price by Type (2020-2025)
2.4 Underwater ROV Segment by Application
2.4.1 Aquaculture
2.4.2 Dams and Ships Inspection
2.4.3 Scientific and Research
2.4.4 Others
2.5 Underwater ROV Sales by Application
2.5.1 Global Underwater ROV Sale Market Share by Application (2020-2025)
2.5.2 Global Underwater ROV Revenue and Market Share by Application (2020-2025)
2.5.3 Global Underwater ROV Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Underwater ROV Breakdown Data by Company
3.1.1 Global Underwater ROV Annual Sales by Company (2020-2025)
3.1.2 Global Underwater ROV Sales Market Share by Company (2020-2025)
3.2 Global Underwater ROV Annual Revenue by Company (2020-2025)
3.2.1 Global Underwater ROV Revenue by Company (2020-2025)
3.2.2 Global Underwater ROV Revenue Market Share by Company (2020-2025)
3.3 Global Underwater ROV Sale Price by Company
3.4 Key Manufacturers Underwater ROV Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Underwater ROV Product Location Distribution
3.4.2 Players Underwater ROV Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Underwater ROV by Geographic Region
4.1 World Historic Underwater ROV Market Size by Geographic Region (2020-2025)
4.1.1 Global Underwater ROV Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Underwater ROV Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Underwater ROV Market Size by Country/Region (2020-2025)
4.2.1 Global Underwater ROV Annual Sales by Country/Region (2020-2025)
4.2.2 Global Underwater ROV Annual Revenue by Country/Region (2020-2025)
4.3 Americas Underwater ROV Sales Growth
4.4 APAC Underwater ROV Sales Growth
4.5 Europe Underwater ROV Sales Growth
4.6 Middle East & Africa Underwater ROV Sales Growth
5 Americas
5.1 Americas Underwater ROV Sales by Country
5.1.1 Americas Underwater ROV Sales by Country (2020-2025)
5.1.2 Americas Underwater ROV Revenue by Country (2020-2025)
5.2 Americas Underwater ROV Sales by Type (2020-2025)
5.3 Americas Underwater ROV Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Underwater ROV Sales by Region
6.1.1 APAC Underwater ROV Sales by Region (2020-2025)
6.1.2 APAC Underwater ROV Revenue by Region (2020-2025)
6.2 APAC Underwater ROV Sales by Type (2020-2025)
6.3 APAC Underwater ROV Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Underwater ROV by Country
7.1.1 Europe Underwater ROV Sales by Country (2020-2025)
7.1.2 Europe Underwater ROV Revenue by Country (2020-2025)
7.2 Europe Underwater ROV Sales by Type (2020-2025)
7.3 Europe Underwater ROV Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Underwater ROV by Country
8.1.1 Middle East & Africa Underwater ROV Sales by Country (2020-2025)
8.1.2 Middle East & Africa Underwater ROV Revenue by Country (2020-2025)
8.2 Middle East & Africa Underwater ROV Sales by Type (2020-2025)
8.3 Middle East & Africa Underwater ROV Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Underwater ROV
10.3 Manufacturing Process Analysis of Underwater ROV
10.4 Industry Chain Structure of Underwater ROV
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Underwater ROV Distributors
11.3 Underwater ROV Customer
12 World Forecast Review for Underwater ROV by Geographic Region
12.1 Global Underwater ROV Market Size Forecast by Region
12.1.1 Global Underwater ROV Forecast by Region (2026-2031)
12.1.2 Global Underwater ROV Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Underwater ROV Forecast by Type (2026-2031)
12.7 Global Underwater ROV Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 VideoRay
13.1.1 VideoRay Company Information
13.1.2 VideoRay Underwater ROV Product Portfolios and Specifications
13.1.3 VideoRay Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 VideoRay Main Business Overview
13.1.5 VideoRay Latest Developments
13.2 Teledyne
13.2.1 Teledyne Company Information
13.2.2 Teledyne Underwater ROV Product Portfolios and Specifications
13.2.3 Teledyne Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Teledyne Main Business Overview
13.2.5 Teledyne Latest Developments
13.3 Eca Group
13.3.1 Eca Group Company Information
13.3.2 Eca Group Underwater ROV Product Portfolios and Specifications
13.3.3 Eca Group Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Eca Group Main Business Overview
13.3.5 Eca Group Latest Developments
13.4 Deep Trekker
13.4.1 Deep Trekker Company Information
13.4.2 Deep Trekker Underwater ROV Product Portfolios and Specifications
13.4.3 Deep Trekker Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Deep Trekker Main Business Overview
13.4.5 Deep Trekker Latest Developments
13.5 SEAMOR Marine
13.5.1 SEAMOR Marine Company Information
13.5.2 SEAMOR Marine Underwater ROV Product Portfolios and Specifications
13.5.3 SEAMOR Marine Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 SEAMOR Marine Main Business Overview
13.5.5 SEAMOR Marine Latest Developments
13.6 Lighthouse
13.6.1 Lighthouse Company Information
13.6.2 Lighthouse Underwater ROV Product Portfolios and Specifications
13.6.3 Lighthouse Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Lighthouse Main Business Overview
13.6.5 Lighthouse Latest Developments
13.7 Saab
13.7.1 Saab Company Information
13.7.2 Saab Underwater ROV Product Portfolios and Specifications
13.7.3 Saab Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Saab Main Business Overview
13.7.5 Saab Latest Developments
13.8 Deep Ocean Engineering
13.8.1 Deep Ocean Engineering Company Information
13.8.2 Deep Ocean Engineering Underwater ROV Product Portfolios and Specifications
13.8.3 Deep Ocean Engineering Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Deep Ocean Engineering Main Business Overview
13.8.5 Deep Ocean Engineering Latest Developments
13.9 ROBOSEA
13.9.1 ROBOSEA Company Information
13.9.2 ROBOSEA Underwater ROV Product Portfolios and Specifications
13.9.3 ROBOSEA Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 ROBOSEA Main Business Overview
13.9.5 ROBOSEA Latest Developments
13.10 Blueye Robotics
13.10.1 Blueye Robotics Company Information
13.10.2 Blueye Robotics Underwater ROV Product Portfolios and Specifications
13.10.3 Blueye Robotics Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Blueye Robotics Main Business Overview
13.10.5 Blueye Robotics Latest Developments
13.11 Deepinfar
13.11.1 Deepinfar Company Information
13.11.2 Deepinfar Underwater ROV Product Portfolios and Specifications
13.11.3 Deepinfar Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Deepinfar Main Business Overview
13.11.5 Deepinfar Latest Developments
13.12 Shenzhen Vxfly
13.12.1 Shenzhen Vxfly Company Information
13.12.2 Shenzhen Vxfly Underwater ROV Product Portfolios and Specifications
13.12.3 Shenzhen Vxfly Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Shenzhen Vxfly Main Business Overview
13.12.5 Shenzhen Vxfly Latest Developments
13.13 Nido Robotics
13.13.1 Nido Robotics Company Information
13.13.2 Nido Robotics Underwater ROV Product Portfolios and Specifications
13.13.3 Nido Robotics Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Nido Robotics Main Business Overview
13.13.5 Nido Robotics Latest Developments
13.14 Subsea Tech
13.14.1 Subsea Tech Company Information
13.14.2 Subsea Tech Underwater ROV Product Portfolios and Specifications
13.14.3 Subsea Tech Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Subsea Tech Main Business Overview
13.14.5 Subsea Tech Latest Developments
13.15 Blue Robotics
13.15.1 Blue Robotics Company Information
13.15.2 Blue Robotics Underwater ROV Product Portfolios and Specifications
13.15.3 Blue Robotics Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Blue Robotics Main Business Overview
13.15.5 Blue Robotics Latest Developments
13.16 IROV Technologies
13.16.1 IROV Technologies Company Information
13.16.2 IROV Technologies Underwater ROV Product Portfolios and Specifications
13.16.3 IROV Technologies Underwater ROV Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 IROV Technologies Main Business Overview
13.16.5 IROV Technologies Latest Developments
14 Research Findings and Conclusion
*If Applicable.