The global ROV market has been growing rapidly over the last years. The primary
reason for this development has been the advancement in offshore technologies
which has lead to the introduction of more complex subsea infrastructure and to
an increase in exploration and production spending, particularly in deepwater
and ultra deepwater regions. As expenditure in deepwater areas and on subsea
infrastructure around the world increases, ROVs will become an increasingly
critical aspect of offshore oil and gas development. The positive growth
forecast for the development of the deepwater market and subsea infrastructure
market along with the increased focus on safety and security mean that ROVs will
take on an even more important role in the oil and gas business throughout the
coming decade. As a consequence, determined that the value of the market for
ROVs in the oil & gas industry in 2013 will reach $2,458m.
To Know More - ROVs in the Oil & Gas Industry 2013-2023
To Know More - ROVs in the Oil & Gas Industry 2013-2023
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