Robohub.org
ROV operations expenditures to grow to $1.5 billion by 2017
Douglas-Westwood, an energy research group, says (in their $5,000 World ROV Operations Market Forecast 2013-2017 report), that ROV operations expenditures will grow 80% over the next 5 years.
- 75% of the ROV vehicles are used as work-class vehicles; the remainder are for inspection.
- The combined purchase and operations expenditures over those years will be $9.7 billion.
- Insight into those numbers provided by Unmanned Vehicle Systems Consulting said that global ROV sales in 2010 were $850 million of which 50% were for energy use; 25% for defense and security and 25% for scientific research.
- Further, roughly 20% of the vehicles were autonomous underwater vehicles (AUVs); the rest were ROVs (remotely operated vehicles).
tags: AUV, c-Business-Finance, cx-Industrial-Automation, cx-Military-Defense, Mapping-Surveillance, ROV
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Related posts :
Robot Talk Episode 144 – Robot trust in humans, with Samuele Vinanzi
Robot Talk
13 Feb 2026
In the latest episode of the Robot Talk podcast, Claire chatted to Samuele Vinanzi from Sheffield Hallam University about how robots can tell whether to trust or distrust people.
How can robots acquire skills through interactions with the physical world? An interview with Jiaheng Hu
AIhub and Lucy Smith
12 Feb 2026
Find out more about work published at the Conference on Robot Learning (CoRL).
Sven Koenig wins the 2026 ACM/SIGAI Autonomous Agents Research Award
AIhub
10 Feb 2026
Sven honoured for his work on AI planning and search.
Robot Talk Episode 143 – Robots for children, with Elmira Yadollahi
Robot Talk
06 Feb 2026
In the latest episode of the Robot Talk podcast, Claire chatted to Elmira Yadollahi from Lancaster University about how children interact with and relate to robots.
New frontiers in robotics at CES 2026
Henry Hickson
03 Feb 2026
Henry Hickson reports on the exciting developments in robotics at Consumer Electronics Show 2026.
Robot Talk Episode 142 – Collaborative robot arms, with Mark Gray
Robot Talk
30 Jan 2026
In the latest episode of the Robot Talk podcast, Claire chatted to Mark Gray from Universal Robots about their lightweight robotic arms that work alongside humans.
Robot Talk Episode 141 – Our relationship with robot swarms, with Razanne Abu-Aisheh
Robot Talk
23 Jan 2026
In the latest episode of the Robot Talk podcast, Claire chatted to Razanne Abu-Aisheh from the University of Bristol about how people feel about interacting with robot swarms.
Vine-inspired robotic gripper gently lifts heavy and fragile objects
MIT News
23 Jan 2026
The new design could be adapted to assist the elderly, sort warehouse products, or unload heavy cargo.
