ROV market US$2.4 billion by 2012

Date: 27/03/2009

One of the finding of a new market study shows that the expenditure on work-class ROV (Remotely Operated Vehicle) has more that tripled since 2003. This growth is expected to continue over the next five years. The main drivers are: deep water exploration both scientific and commercial, offshore drilling rigs, offshore construction, marine construction maintenance and up-grading.

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