LONDON, Feb. 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
World ROV Operations Market Forecast 2013-2017
ROV Work-Class Operations Expenditure to Grow by 80%
From 2013 to 2017 Douglas-Westwood forecast total ROV operations expenditure of approximately $9.7 billion (bn), an increase of nearly 80% over the previous five-year period ($5.4bn) in this sixth edition of the World ROV Operations Market Forecast.
Author, Kathryn Symes, commented, "Drilling support accounts for three-quarters of expenditure between 2013 and 2017, and is expected to increase over the period by 13%. DW forecast almost 527,000 days of ROV drilling support in the next five years, of which the majority is made up of work on exploration & appraisal wells. Expenditure on construction support accounts for a fifth of ROV operations, with repair & maintenance accounting for the remaining.
"Africa is forecast to experience strong demand from subsea development (DV) wells, driven by the discovery of new deepwater provinces offshore East Africa, and will remain the largest region, followed by Latin America and then Asia. The Middle East has the lowest ROV spend, and along with Norway will see decline in spend. Latin America is set to show the strongest growth of all regions."
The World ROV Operations Market Forecast 2013-2017 analyses the main factors driving demand for ROV operations and key themes include:
• Market drivers - identification and discussion of key underlying drivers and their influence on the global work-class ROV operations market.
• Historic and forecast activity - 2008 to 2017, segmented by region & sector.
• Market segmentation - by drill support, construction support and repair & maintenance, detailed by ROV days and units.
• Detailed forecasts - of ROV activities, including work requirements on subsea trees, umbilicals & flowlines, subsea processing, FPSO mooring & risers, trunkline installation, exploration & appraisal wells and subsea development wells.
This report is an excellent source of information for those seeking a timely update on this dynamic and rapidly changing industry. Geared to senior executives' needs, the report assumes no previous knowledge of the subject area. The report provides the reader with a comprehensive understanding of the key trends involved in shaping the requirement for ROV operations.
Table of Contents
1 Summary & Conclusions
• Summary
• Conclusions
2 Introduction to ROVs
• ROV Classifications
3 Competitive Landscape
• ROV Operators
4 Market Drivers
• Market Drivers
• Market Drivers - Oil and Gas
• Market Drivers - Offshore Rigs and Deepwater Capex
• Market Drivers - Subsea Hardware and Wind Turbines
5 The ROV Operations Market
• ROV Market Model and Overview
• Global ROV Forecast Totals
• ROV Market by Region - Summary ($ million)
• Global ROV Forecast Totals by Region
• Construction Support Market Demand by Region
• Drilling Support Market Demand by Region
• Repair & Maintenance Market Demand by Region
• Africa
• Asia
• Australasia
• Eastern Europe & FSU
• Latin America
• Middle East
• North America
• Norway
• UK
• RoWE
• The Market for Work Class ROV Manufacture
6 Appendix
• Data and Text Conventions
Figures
• Figure 1: Global - ROV Days and Spend by Region 2008-2017
• Figure 2: ROV Fleet Size
• Figure 3: Primary Energy Consumption by Region
• Figure 4: Oil Price and E&P Expenditure Index
• Figure 5: Offshore Rig Orders
• Figure 6: Global - Deepwater Capex by Component
• Figure 7: Subsea Hardware Expenditure by Region 2008-2017
• Figure 8: Wind Turbines Installed by Country 2013-2022
• Figure 9: ROV Operations Market by Region 2008-12 and 2013-17 ($ million)
• Figure 10: ROV Operations Market by Sector 2008-12 and 2013-17 ($ million)
• Figure 11: Global - ROV Days and Spend by Hardware 2008-2017
• Figure 12: Global - ROV Days and Spend by Region 2008-2017
• Figure 13: Global - Construction Support ROV Days and Spend 2008-2017
• Figure 14: Global - Drilling Support ROV Days and Spend 2008-2012
• Figure 15: Global - Repair & Maintenance Days and Spend 2008-2017
• Figure 16: Africa - ROV Days and Spend 2008-2017
• Figure 17: Asia - ROV Days and Spend 2008-2017
• Figure 18: Australasia - ROV Days and Spend 2008-2017
• Figure 19: Eastern Europe & FSU - ROV Days and Spend 2008-2017
• Figure 20: Latin America - ROV Days and Spend 2008-2017
• Figure 21: Middle East - ROV Days and Spend 2008-2017
• Figure 22: North America - ROV Days and Spend 2008-2017
• Figure 23: Norway - ROV Days and spend 2008-2017
• Figure 24: UK - ROV Days and Spend 2008-2017
• Figure 25: RoWE - ROV Days and spend 2008-2017
• Figure 26: Global - Implied ROV Newbuilds 2008-2017
Tables
• Table 1: ROV Classifications
• Table 2: Unmanned Vehicles Applications
• Table 3: Global - ROV Days, Units and Spend by Hardware 2012-2017
• Table 4: Global - ROV Days, Units and Spend by Region 2012-2017
• Table 5: Global - Construction Support ROV Days, Units and Spend 2012-2017
• Table 6: Global - Drilling Support ROV Days and Spend 2012-2017
• Table 7: Global - Repair & Maintenance ROV Days, Units and Spend 2012-2017
• Table 8: Africa - ROV Days, Units and spend 2012-2017
• Table 9: Asia - ROV Days, Units and Spend 2012-2017
• Table 10: Australasia - ROV Days, Units and Spend 2012-2017
• Table 11: Eastern Europe & FSU - ROV Days, Units and Spend 2012-2017
• Table 12: Latin America - ROV Days, Units and Spend 2012-2017
• Table 13: Middle East - ROV Days, Units and Spend 2012-2017
• Table 14: North America - ROV Days and Spend 2008-2017
• Table 15: Norway - ROV Days, Units and Spend 2012-2017
• Table 16: UK - ROV Days, Units and Spend 2012-2017
• Table 17: RoWE - ROV Days, Units and Spend 2012-2017
Read the full report:
World ROV Operations Market Forecast 2013-2017
http://www.reportbuyer.com/energy_utilities/oil_gas/world_rov_operations_market_forecast_2013_2017.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=NoCategory
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Sarah Smith
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