Offshore AUV & ROV Market is estimated to reach valuation of US$9117.01 mn by 2025

Pythonholic14 Apr, 2021Business

The global offshore AUV and ROV market will likely reach an evaluation of US$9117.01 mn by 2025-end. The market stood at a merely US$2065.56 mn in 2016. However, promising infrastructure projects like underwater highway project in Norway will likely drive growth at a robust 18.2% CAGR in the near future. Moreover, the consolidate nature of the market also promises new opportunities for emerging players as technological innovation becomes key to new growth opportunities in the global offshore AUV and ROV market.