석유 및 가스용 수중 모니터링 시스템 시장 예측(-2030년) : 유형별, 구성요소별, 용도별, 최종 사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Underwater Monitoring System for Oil and Gas Market is accounted for $3.5 billion in 2024 and is expected to reach $5.3 billion by 2030 growing at a CAGR of 7.1% during the forecast period. Underwater Monitoring System for oil and gas is a set of advanced technologies used to monitor and manage operations in offshore oil and gas production environments. These systems, which include sensors, cameras, acoustics, and remote-controlled devices, collect data on pressure, temperature, flow rates, and subsea equipment like pipelines, wells, and rigs. They enable real-time monitoring, allowing operators to detect potential issues like leaks, corrosion, or mechanical failures before they escalate. The data collected is then transmitted to surface platforms or control centers for analysis and decision-making.

Market Dynamics:

Driver:

Increased offshore exploration and production

The demand for advanced underwater monitoring technologies is increasing as offshore operations expand into deeper waters, requiring systems capable of withstanding extreme pressures, temperatures, and harsh environments. Moreover real-time monitoring and predictive maintenance are essential for the integrity of complex infrastructure, such as pipelines, subsea wells, and platforms, reducing operational downtime and maintenance costs, thus driving a substantial demand for more sophisticated monitoring solutions.

Restraint:

High installation and maintenance costs

High installation and maintenance costs can hinder the adoption of underwater monitoring systems, especially among smaller oil and gas operators. These companies may lack the financial resources to invest in advanced monitoring technologies or prioritize cost-cutting measures. This results in a concentrated market and limited growth potential for UMS technologies. Additionally, companies may delay or limit investment in advanced monitoring technologies, limiting the development of more efficient, automated, or integrated technologies.

Opportunity:

Rising concerns about subsea asset integrity

Concerns over subsea asset integrity have led to a shift towards predictive maintenance, where monitoring systems can forecast potential failures before they occur. By analyzing historical data and using machine learning algorithms, UMS can predict maintenance needs, allowing for scheduled interventions to prevent costly breakdowns or operational disruptions. This approach extends asset life, reduces inspection frequency, and lowers emergency repair costs, driving the development of more sophisticated monitoring systems with enhanced data analytics and predictive capabilities.

Threat:

Complexity of subsea environments

Subsea environments demand specialized monitoring systems that can withstand extreme pressures, temperatures, and corrosive conditions. This requires significant investment in research, materials, and components, making UMS more expensive for oil and gas operators. The complexity of these environments further complicates the creation of cost-effective solutions, as standard monitoring technologies often need to be customized, increasing upfront costs for companies.

Covid-19 Impact

The COVID-19 pandemic significantly impacted the Underwater Monitoring System (UMS) market for oil and gas by disrupting global supply chains, delaying project timelines, and reducing exploration and production activities due to safety concerns and economic uncertainty. However, the pandemic also highlighted the importance of remote monitoring and automation, accelerating the adoption of advanced UMS technologies to ensure operational continuity and safety while minimizing physical interventions in offshore environments.

The riser monitoring systems segment is expected to be the largest during the forecast period

The riser monitoring systems is is expected to secure the largest market share throughout the forecast period due to constant motion and exposure to extreme pressures, temperatures, and corrosive seawater. Real-time monitoring of these systems helps operators assess their integrity and detect early failure signs. Advanced sensors in these systems monitor parameters like pressure, temperature, flow, and strain, reducing the risk of accidents, repairs, and production downtime, increasing demand for advanced underwater monitoring systems in the oil and gas sector.

The exploration & drilling segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the exploration & drilling segment is expected to witness the highest CAGR growth rate owing to specialized underwater monitoring systems for extreme conditions like high pressures, low temperatures, and corrosive seawater. As exploration extends to deeper subsea locations, the need for advanced underwater sensors, cameras, communication systems and data analytics tools increases. The expansion of exploration activities in remote offshore areas like the Arctic drives the demand for sophisticated UMS for continuous, accurate, and real-time monitoring.

Region with largest share:

The North America region is anticipated to hold the largest share of the market during the forecast period owing to North America, particularly the US and Canada which is home to significant offshore oil and gas reserves, including the Gulf of Mexico and Newfoundland and Labrador. These reserves require extensive underwater monitoring for safety and efficiency. The size and importance of these reserves drive demand for advanced underwater monitoring systems further boosting the market.

Region with highest CAGR:

Over the forecasted timeframe, the Asia Pacific region is anticipated to exhibit the highest CAGR due to growing energy technology sector, with countries like Japan and South Korea leading the way in developing advanced offshore technologies. Japan has invested heavily in subsea engineering and monitoring systems, while China has enhanced its offshore exploration capabilities. This trend is driving the UMS market, as oil and gas operators aim to improve efficiency, safety, and real-time monitoring for offshore operations.

Key players in the market

Some of the key players in Underwater Monitoring System for Oil and Gas market include BMT Group, Bowtech Products Limited, DSPComm, Force Technologies, Fugro, KCF Technologies, Kongsberg Maritime, Kraken Robotics, Mitcham Industries, OceanServer Technology, Inc., One Subsea, Pulse Structural Monitoring, Schlumberger-OneSubsea, Sonardyne and Teledyne Marine .

Key Developments:

In April 2024, KCF Technologies announced a strategic partnership. This collaboration aims to offer a comprehensive solution for end-to-end reliability consulting, machine monitoring, and actionable predictive maintenance insights for electrical and mechanical assets.

In February 2024, BMT Group unveiled its first Service Operation Vessel (SOV) design, capable of being powered by methanol, potentially the e-fuel variant. This design aims to enhance sustainability in offshore operations, including those in the oil and gas sector, by reducing greenhouse gas emissions and increasing fuel efficiency.

Types Covered:

• Riser Monitoring Systems
• Pipeline Monitoring Systems
• Subsea Surveillance Systems
• Underwater Robots/ROVs
• Other Types

Components Covered:

• Sensors
• Communication Systems
• Data Analytics Platforms
• Other Components

Applications Covered:

• Exploration & Drilling
• Production & Storage
• Pipeline Integrity
• Environmental Monitoring
• Asset Integrity & Maintenance
• Other Applications

End Users Covered:

• Oil & Gas
• Subsea Contractors
• Government & Regulatory
• Energy & Utility
• Consulting & Engineering
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Underwater Monitoring System for Oil and Gas Market, By Type

• 5.1 Introduction
• 5.2 Riser Monitoring Systems
• 5.3 Pipeline Monitoring Systems
• 5.4 Subsea Surveillance Systems
• 5.5 Underwater Robots/ROVs
• 5.6 Other Types

6 Global Underwater Monitoring System for Oil and Gas Market, By Component

• 6.1 Introduction
• 6.2 Sensors
  • 6.2.1 Pressure Sensors
  • 6.2.2 Temperature Sensors
  • 6.2.3 Flow Meters
  • 6.2.4 Acoustic Sensors
• 6.3 Communication Systems
  • 6.3.1 Acoustic Modems
  • 6.3.2 Electromagnetic Systems
  • 6.3.3 Optical Systems
• 6.4 Data Analytics Platforms
• 6.5 Other Components

7 Global Underwater Monitoring System for Oil and Gas Market, By Application

• 7.1 Introduction
• 7.2 Exploration & Drilling
• 7.3 Production & Storage
• 7.4 Pipeline Integrity
• 7.5 Environmental Monitoring
• 7.6 Asset Integrity & Maintenance
• 7.7 Other Applications

8 Global Underwater Monitoring System for Oil and Gas Market, By End User

• 8.1 Introduction
• 8.2 Oil & Gas
• 8.3 Subsea Contractors
• 8.4 Government & Regulatory
• 8.5 Energy & Utility
• 8.6 Consulting & Engineering
• 8.7 Other End Users

9 Global Underwater Monitoring System for Oil and Gas Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 BMT Group
• 11.2 Bowtech Products Limited
• 11.3 DSPComm
• 11.4 Force Technologies
• 11.5 Fugro
• 11.6 KCF Technologies
• 11.7 Kongsberg Maritime
• 11.8 Kraken Robotics
• 11.9 Mitcham Industries
• 11.10 OceanServer Technology, Inc.
• 11.11 One Subsea
• 11.12 Pulse Structural Monitoring
• 11.13 Schlumberger-OneSubsea
• 11.14 Sonardyne
• 11.15 Teledyne Marine