Get In Touch

Doppler Velocity Logs (DVLs) Market

Doppler velocity log is a navigational arrangement used to screen distantly worked vehicles (ROV), independent submerged vehicles (AUV), lightweight planes, and human-involved vehicles. DVL parts comprise of a DVL gadget links, and programming. DVL is utilized in acoustic estimations following of submerged base following or following velocity estimations. DVLs can give refreshed speeds, which thus can be utilized to compute the distance voyaged. Makers have fostered another class of DVLs that radically lessens its size when contrasted with the conventional DVLs.

Expansion in submerged seismic study and development movement combined with checking of existing resources are expected to help the DVLs market sooner rather than later. The Doppler velocity logs market is extending at a critical development rate attributable to the adherence to different government standards and guidelines on submerged emanations.

Submerged climate is the new boondocks for future significant disclosures in profound and super profound beach front water. Researchers and analysts require new and better detecting technology to investigate these tremendous assets. The destructive idea of seawater, bio-fouling, restricted energy asset module, pressure safe fenced in area, and information move unwavering quality cutoff the usage of link based submerged correspondence stages. Precision and unwavering quality of ongoing information is the critical driver for the development popular for DVL.

Underwater environment is the new frontier for future major discoveries in deep and ultra-deep coastal water. Scientists and researchers require new and better sensing technology to explore these vast resources. The corrosive nature of seawater, bio-fouling, limited energy resource module, pressure resistant enclosure, and data transfer reliability limit the utilization of cable-based underwater communication platforms. Accuracy and reliability of real-time data is the key driver for the growth in demand for DVL. However, these limitations are overcome by the usage of Doppler velocity logs (DVLs). Doppler velocity logs consist of several components that are used to fulfill the demand for sonar and underwater communications in scientific explorations, commercial explorations, defense surveillances, and environmental protection. Therefore, the sensing technology for offshore applications has developed significantly in the last few years.

Doppler velocity log is a navigational solution used to monitor remotely-operated vehicles (ROV), autonomous underwater vehicles (AUV), gliders, and human-occupied vehicles. DVL components consist of a DVL device cables, and software. DVL is used in acoustic measurements tracking of underwater bottom-tracking or tracking velocity measurements. DVLs can provide updated velocities, which in turn can be used to calculate the distance traveled. Manufacturers have developed a new class of DVLs that drastically reduces its size as compared to the traditional DVLs. DVLs are integrated with vessels and other platforms such as AUV, ROV, and gliders to obtain underwater real-time data. Increase in underwater seismic survey and construction activity coupled with monitoring of existing assets are anticipated to boost the DVLs market in the near future. The Doppler velocity logs market is expanding at a significant growth rate owing to the adherence to various government norms and regulations on underwater emissions.

DVLs has a wide range of applications in the offshore oil & gas industry activities such as pre-installation survey/ baseline studies, construction & installation, drilling, production, and decommissioning phases. Navy and military use DVLs for underwater security, marine ecosystem studies, and monitoring of existing assets, among others. Exploration of deep offshore areas, for new hydrocarbon deposits, has become easier than due to advancements in the technology. Doppler velocity logs aid in exploration activities of new hydrocarbon reserves, as they provide accurate estimation of the ocean-bottom.

The Doppler velocity logs market can be segmented based on installation, application, and region. In terms of installation, the Doppler velocity logs market can be divided into AUV, ROV, ASV, towfish, and others. Based on application, the market can be segregated into oil & gas, naval, environmental, commercial, and others.

In terms of geography, countries in Europe account for a major share of the global Doppler velocity logs market. Robust manufacturing base of DVLs in Germany, France, Spain, and the UK is expected to increase the incorporation of DVLs to efficiently utilize real-time data related to underwater statistics in the near future. In North America, especially the U.S., significant amount of unexplored oil & gas reserves lie in deep and ultra-deep ranges. Increasing concerns and challenges related to deep and ultra-deep waters to boost the demand for DVLs in North America. The U.S. houses several companies that are engaged in the manufacturing of DVLs for marine applications. The DVLs market in North America is driven by deep-water and ultra-deep water oil & gas exploration. The market also benefits from underwater environmental concerns, aquaculture, and naval activities. Demand for DVLs is expected to increase at a moderate rate in Middle East & Africa during the forecast period. However, the demand for DVLs in South Africa is growing at a considerable pace due to the year-on-year growth in offshore exploration activities. Asia Pacific has a large number of small-scale and large-scale underwater instrumentation providers. However, Middle-east & Africa has several countries that are politically instable. This has resulted in less investment growth in offshore activities.

Key manufacturers and suppliers operating in the Doppler velocity logs market include Teledyne RD Instruments USA, NortekUSA, Honeywell International, SonTek, Eiva, RS Aqua, etc. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Doppler Velocity Logs Market

Pre Book