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Global Deep Sea Mining Equipment Market By Type (Polymetallic Nodules, Polymetallic Sulphides and Cobalt-Rich Crusts), By Service (Exploration and Extraction) Growth, Future Prospects & Competitive Analysis, 2016 – 2030

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Published: | Report ID: 16867 | Report Format : PDF

Key Highlights of the report

How are the major segments performing in the deep sea mining equipment market?

  • In 2022, the cobalt-rich crusts category accounted for the largest share of the market. Cobalt-rich crusts are a viable seafloor resource because they contain significant concentrations of the metals cobalt, nickel, manganese, and other elements, some of which may even be greater than what is found in land deposits.
  • In 2022, the extraction category held the largest share. In this phase, the ocean floor is searched for mineral deposits and other resources using various methods, including acoustic surveys, magnetic surveys, and remote sensing.
  • In 2022, the seabed mining crawler category held a largest share. Crawler machines are tracked vehicles used for mining and drilling operations that can move along the ocean floor. They can function in harsh situations and are outfitted with various tools.

What is the market size of deep sea mining equipment regarding value?

The global deep sea mining equipment market is anticipated to grow at a substantial CAGR of 65.10% in the upcoming years. The global deep sea mining equipment industry was estimated to be worth USD 1.1 billion in 2022 and was expected to be worth USD 36.8 billion by 2028.

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Which region dominated the deep sea mining equipment market?

In 2022, the Asia Pacific region was anticipated to hold a prominent share in the global deep sea mining equipment market. Deep sea mining is getting more assistance from these regions’ governments in order to increase electricity production and gather minerals and ore for export. Additionally, it is anticipated that growing investments in cutting-edge excavation tools and equipment in nations like Australia and India and other emerging nations will fuel market growth. To address the increased demand from end users and numerous industries, the economies of the Asia Pacific region are turning to deep sea mining. Infrastructure and the electronics sectors are growing quickly in this area, which is anticipated to continue during the projected period.

How US market is performing in the deep sea mining equipment market?

In 2022, the United States was anticipated to hold a prominent share in the North American region’s global deep sea mining equipment market. The need for industrial metals like copper, platinum, and nickel is projected to increase due to the expanding vehicle manufacturing sectors in Germany and the US, ultimately increasing market penetration. Due to a large increase in projects, the construction and shipbuilding industries have been growing quickly. The need for metals and minerals is anticipated to increase as a result, which will increase the demand for deep sea mining equipment.

How is the economy impacting the global deep sea mining equipment growth?

The COVID-19 pandemic significantly impacted the manufacturing, oil & gas, and construction industries. Additionally, mining operations were greatly curtailed or discontinued. Worldwide, supply chains for manufacturing, transportation, and related operations were constrained. This directly impacted the growth of the deep sea mining equipment and technology market. Hence, impeding economic growth.

What is the competitive environment of the deep sea mining equipment market?

In order to provide customers in the deep sea mining equipment & technologies market with superior goods and services, major market players have chosen methods like new launches, product development, collaboration, and acquisition. Emerging R&D initiatives creating sustainable mining models are also expected to provide opportunities for testing and executing advanced deep sea mining projects.

Executive Summary

What are the key trends in the deep sea mining equipment market?

  • Some of the leading nations for deep sea mining activities include China, Papua New Guinea, Germany, the United Kingdom, and Russia. In these nations, the adoption of cutting-edge technologies is very high. The need for deep sea mining equipment is anticipated to increase as a result in the near future.
  • A number of foreign developers intend to use FDI incentive programs to launch their enterprises in emerging nations. It is anticipated that this will indirectly stimulate national economies and industrialisation. Deep sea mining is predicted to grow alongside industrialization, mostly as a result of an increase in consumer demand for metal goods.

How the growth of the deep sea mining equipment market has been influenced by the increase in the number of golf courses?

The development of numerous projects around the world, as well as the rise in population and industrialization, are all contributing to the rapid growth of the shipbuilding and construction industries. The world’s population is expected to continue to rise in the twenty-first century, reaching an estimated 10 billion people by 2026, according to data provided by Worldometer, which shows that the population is now increasing at a rate of about 1.05 percent per year. Global demand for metals and minerals has increased as a result of this. For instance, a deep-sea metal called zinc is utilized to prevent rust when creating different types of structures, bridges, cars, etc. Additionally, the expansion of service sectors like insurance, ITC, and BFSC has increased the demand for commercial space, leading to increased building, which is anticipated to benefit the deep sea mining equipment market.

Deep Sea Mining Equipment Market

Which are the key investments by the deep sea mining equipment market players?

During the projection period, it is anticipated that rising mining activities and rising investments in deep sea mining equipment will lead to tremendous market expansion. Presently, China is the world’s top producer of rare earth materials. China has announced a few initiatives in the sector to take advantage of the rapidly expanding demand for rare earth minerals and solidify its position as the world’s top producer of rare earth minerals.

Some major players in the deep sea mining equipment market are 2H Offshore (Acteon Group Ltd.), Bauer AG, Cellula Robotics Ltd., Deep Reach Technology, Inc., Kongsberg Maritime, Odyssey Marine Exploration, Inc., Robert Bosch GmbH, Saab Seaeye Ltd (Saab AB), SEAS Offshore Pty Ltd. and Soil Machine Dynamics Ltd.

What are the major driving factors for the deep sea mining equipment market?

A rise in deep sea exploration activities for scientific and emergency management purposes is driving the market for deep sea mining equipment. Data and information are collected to study the marine life and motions beneath the Earth’s crust. Metal needs, such as those for cobalt, nickel, copper, and other materials, have also encouraged the research of the ocean below and will be followed by their extraction resulting in a growth of the market. However, adopting the Internet of Underwater Things (IoUT) will enhance data collection and equipment control, which may create a possible opportunity for the deep sea mining equipment market during the anticipated year.

What are the major risks for the deep sea mining equipment market?

Due to its noise, vibration, and other drilling activities, the extraction machinery may impact marine life. Because of the potential loss of marine life, the market for deep sea mining might be restricted. The Covid-19 pandemic all severely impacted the manufacturing, oil & gas, and construction industries. Additionally, mining operations were greatly curtailed or discontinued.

Which is the key type category in the deep sea mining equipment market?

The cobalt-rich crusts category held the largest share in the market in 2022. Mineral deposits called cobalt-rich crusts, commonly called cobalt crusts or cobalt crust deposits, develop on the top of submerged mountains and plateaus called seamounts. These crusts are great candidates for deep sea mining operations because they are commonly found at depths of 400 to 7,000 metres. Cobalt, nickel, copper, manganese, iron, and platinum are among the metallic and non-metallic substances that make up cobalt-rich crusts. In light of the rising demand for electric vehicles and other clean energy technologies, deep sea mining companies are actively investigating the possibilities of cobalt-rich crust deposits.

How is the deep sea mining equipment market performing in regions?

North American market is anticipated to witness fastest growth in the global deep sea mining equipment market during the forecast period. The main factors propelling market expansion in North America include rising mineral mining activity, greater use of cutting-edge mining equipment, and government efforts. In addition, it is projected that during the forecast period, the demand for these items will be driven by the switch from conventional deep sea mining to cutting-edge, economical deep sea mining.

What is the regulatory landscape for the deep sea mining equipment market?

Minerals found on the seabed are increasingly in demand. However, prematurely creating DSM regulatory framework may exacerbate geopolitical rivalry and environmental deterioration. For instance, China in particular has shown a desire to influence global maritime standards with its aggressive actions in the South China Sea and DSM. China, which already rules the mining industry on land, is now in the driver’s seat in the race to the ocean’s depths thanks to its development of superior technology and influence over the regulatory landscape. ISA has granted 30 deep-sea mining contracts, and China `has the most active contracts, with five of the total.

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What are the major players planning for the future of the deep sea mining equipment market?

Recent advancements in hydraulic and underground mining technology have created new opportunities for remote operation in deep-sea mines and also created future growth opportunities for deep sea mining equipment companies to manufacture equipment that can be used for efficiently mineral exploration, extraction, and transportation. For instance, the businesses are creating cutting-edge technologies like SONAR, remotely controlled robotic vehicles, and seabed vacuums to interfere with marine life as little as possible. According to projections, these technologies will less influence deep sea ecosystems and mineral depletion.

REPORT ATTRIBUTE DETAILS
Deep Sea Mining Equipment Market by Volume Yes
Deep Sea Mining Equipment Market by Value Yes
Deep Sea Mining Equipment Market, Tornado Analysis Yes
Deep Sea Mining Equipment Market, STAR Analysis Yes
Deep Sea Mining Equipment Market, SRC Analysis Yes
Deep Sea Mining Equipment Market, Import-Export Data Yes (On Demand)
Deep Sea Mining Equipment Market Pricing Analysis Yes (On Demand)
Deep Sea Mining Equipment Market Segment Analysis By Type (Polymetallic Nodules, Polymetallic Sulphides and Cobalt-Rich Crusts)

By Service (Exploration and Extraction)

By Equipment Type (Seabed Mining Crawler, Riser System and Others)

Deep Sea Mining Equipment Market, Regional Analysis North America (US and Canada)

Europe (Germany, UK, France, Italy, Spain, and Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, South East Asia, and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

Middle East and Africa (GCC Countries, South Africa, and Rest of Middle East and Africa)

Deep Sea Mining Equipment Market Key Companies AlertFind, ProcessOne, Pulsate, Google, PushAssist, Beeem, Prowl, Regroup Mass Notification, Plot Projects, NotifyVisitors, Accengage, WebEngage, Lilomi, Appboy and Audioburst
Deep Sea Mining Equipment Market Competitive Landscape Market Share Analysis

Competitive Benchmarking

Key Players Market Positioning

Geographical Presence Analysis

Major Strategies Adopted

Segmentation of Global Deep Sea Mining Equipment Market-

Global Deep Sea Mining Equipment Market – By Type

  • Polymetallic Nodules
  • Polymetallic Sulphides
  • Cobalt-Rich Crusts

Global Deep Sea Mining Equipment Market – By Service

  • Exploration
  • Extraction

Global Deep Sea Mining Equipment Market – By Equipment Type

  • Seabed Mining Crawler
  • Riser System
  • Others

Global Deep Sea Mining Equipment Market – By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Deep Sea Mining Equipment Market
2.2. Global Deep Sea Mining Equipment Market, By Type
2.3. Global Deep Sea Mining Equipment Market, By Service
2.4. Global Deep Sea Mining Equipment Market, By Equipment Type
2.5. Global Deep Sea Mining Equipment Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Deep Sea Mining Equipment Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Type
3.5.2. Service
3.5.3. Equipment Type
3.5.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Material Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Deep Sea Mining Equipment Market
7.1. Global Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
7.1.1. Overview
7.1.2. Global Deep Sea Mining Equipment Market, By Type, 2022 vs 2030 (in%)
7.1.3. Global Deep Sea Mining Equipment Market, By Polymetallic Nodules, 2017-2030 (US$ Bn)
7.1.4. Global Deep Sea Mining Equipment Market, By Polymetallic Sulphides, 2017-2030 (US$ Bn)
7.1.5. Global Deep Sea Mining Equipment Market, By Cobalt-Rich Crusts, 2017-2030 (US$ Bn)
7.2. Global Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
7.2.1. Overview
7.2.2. Global Deep Sea Mining Equipment Market, By Service, 2022 vs 2030 (in%)
7.2.3. Global Deep Sea Mining Equipment Market, By Exploration, 2017-2030 (US$ Bn)
7.2.4. Global Deep Sea Mining Equipment Market, By Extraction, 2017-2030 (US$ Bn)
7.3. Global Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
7.3.1. Overview
7.3.2. Global Deep Sea Mining Equipment Market, By Equipment Type, 2022 vs 2030 (in%)
7.3.3. Global Deep Sea Mining Equipment Market, By Seabed Mining Crawler, 2017-2030 (US$ Bn)
7.3.4. Global Deep Sea Mining Equipment Market, By Riser System, 2017-2030 (US$ Bn)
7.3.5. Global Deep Sea Mining Equipment Market, By Others, 2017-2030 (US$ Bn)

8. North America Deep Sea Mining Equipment Market Analysis
8.1. North America Deep Sea Mining Equipment Market, by Type, 2017-2030(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Deep Sea Mining Equipment Market, by Service, 2017-2030(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030(US$ Bn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
8.4.1. U.S.
8.4.1.1. U.S. Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
8.4.1.2. U.S. Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
8.4.1.3. U.S. Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
8.4.1.4. U.S. Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
8.4.2. Canada
8.4.2.1. Canada Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
8.4.2.2. Canada Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
8.4.2.3. Canada Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
8.4.2.4. Canada Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)

9. Europe Deep Sea Mining Equipment Market Analysis
9.1. Europe Deep Sea Mining Equipment Market, by Type, 2017-2030(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Deep Sea Mining Equipment Market, by Service, 2017-2030(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030(US$ Bn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Europe Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
9.4.1. Germany
9.4.1.1. Germany Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.1.2. Germany Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
9.4.1.3. Germany Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
9.4.1.4. Germany Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
9.4.2. France
9.4.2.1. France Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.2.2. France Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
9.4.2.3. France Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
9.4.2.4. France Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
9.4.3. UK
9.4.3.1. UK Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.3.2. UK Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
9.4.3.3. UK Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
9.4.3.4. UK Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
9.4.4. Italy
9.4.4.1. Italy Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.4.2. Italy Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
9.4.4.3. Italy Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
9.4.4.4. Italy Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
9.4.5. Spain
9.4.5.1. Spain Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.5.2. Spain Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
9.4.5.3. Spain Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
9.4.5.4. Spain Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
9.4.6. Rest of Europe
9.4.6.1. Rest of Europe Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.6.2. Rest of Europe Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
9.4.6.3. Rest of Europe Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
9.4.6.4. Rest of Europe Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)

10. Asia Pacific Deep Sea Mining Equipment Market Analysis
10.1. Asia Pacific Deep Sea Mining Equipment Market, by Type, 2017-2030(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Deep Sea Mining Equipment Market, by Service, 2017-2030(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030(US$ Bn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
10.4.1. China
10.4.1.1. China Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.1.2. China Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
10.4.1.3. China Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
10.4.1.4. China Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
10.4.2. Japan
10.4.2.1. Japan Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.2.2. Japan Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
10.4.2.3. Japan Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
10.4.2.4. Japan Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
10.4.3. India
10.4.3.1. India Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.3.2. India Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
10.4.3.3. India Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
10.4.3.4. India Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
10.4.4. South Korea
10.4.4.1. South Korea Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.4.2. South Korea Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
10.4.4.3. South Korea Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
10.4.4.4. South Korea Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
10.4.5. South-East Asia
10.4.5.1. South-East Asia Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.5.2. South-East Asia Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
10.4.5.3. South-East Asia Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
10.4.5.4. South-East Asia Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
10.4.6. Rest of Asia Pacific
10.4.6.1. Rest of Asia Pacific Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.6.2. Rest of Asia Pacific Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
10.4.6.3. Rest of Asia Pacific Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
10.4.6.4. Rest of Asia Pacific Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)

11. Latin America Deep Sea Mining Equipment Market Analysis
11.1. Latin America Deep Sea Mining Equipment Market, by Type, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Deep Sea Mining Equipment Market, by Service, 2017-2030(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
11.4.1. Brazil
11.4.1.1. Brazil Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.1.2. Brazil Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
11.4.1.3. Brazil Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
11.4.1.4. Brazil Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
11.4.2. Mexico
11.4.2.1. Mexico Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.2.2. Mexico Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
11.4.2.3. Mexico Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
11.4.2.4. Mexico Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
11.4.3. Rest of Latin America
11.4.3.1. Rest of Latin America Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.3.2. Rest of Latin America Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
11.4.3.3. Rest of Latin America Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
11.4.3.4. Rest of Latin America Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)

12. Middle East and Africa Deep Sea Mining Equipment Market Analysis
12.1. Middle East and Africa Deep Sea Mining Equipment Market, by Type, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Deep Sea Mining Equipment Market, by Service, 2017-2030(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
12.4.1. GCC Countries
12.4.1.1. GCC Countries Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.1.2. GCC Countries Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
12.4.1.3. GCC Countries Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
12.4.1.4. GCC Countries Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
12.4.2. South Africa
12.4.2.1. South Africa Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.2.2. South Africa Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
12.4.2.3. South Africa Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
12.4.2.4. South Africa Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)
12.4.3. Rest of Middle East and Africa
12.4.3.1. Rest of Middle East and Africa Deep Sea Mining Equipment Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.3.2. Rest of Middle East and Africa Deep Sea Mining Equipment, By Type, 2017-2030 (US$ Bn)
12.4.3.3. Rest of Middle East and Africa Deep Sea Mining Equipment, By Service, 2017-2030 (US$ Bn)
12.4.3.4. Rest of Middle East and Africa Deep Sea Mining Equipment, By Equipment Type, 2017-2030 (US$ Bn)

13. Company Profiles
13.1. 2H Offshore (Acteon Group Ltd.)
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2022)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Bauer AG
13.3. Cellula Robotics Ltd.
13.4. Deep Reach Technology, Inc.
13.5. Kongsberg Maritime
13.6. Odyssey Marine Exploration, Inc.
13.7. Robert Bosch GmbH
13.8. Saab Seaeye Ltd (Saab AB)
13.9. SEAS Offshore Pty Ltd
13.10. Soil Machine Dynamics Ltd

List of Figures
FIG. 1 Global Deep Sea Mining Equipment Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Deep Sea Mining Equipment Market Segmentation
FIG. 4 Global Deep Sea Mining Equipment Market, by Type, 2022 (US$ Bn)
FIG. 5 Global Deep Sea Mining Equipment Market, by Service, 2022 (US$ Bn)
FIG. 6 Global Deep Sea Mining Equipment Market, by Equipment Type, 2022 (US$ Bn)
FIG. 7 Global Deep Sea Mining Equipment Market, by Geography, 2022 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Type, 2022
FIG. 9 Attractive Investment Proposition, by Service, 2022
FIG. 10 Attractive Investment Proposition, by Equipment Type, 2022
FIG. 11 Attractive Investment Proposition, by Geography, 2022
FIG. 12 Global Market Share Analysis of Key Deep Sea Mining Equipment Market Manufacturers, 2022
FIG. 13 Global Market Positioning of Key Deep Sea Mining Equipment Market Manufacturers, 2022
FIG. 14 Global Deep Sea Mining Equipment Market Value Contribution, By Type, 2022 & 2030 (Value %)
FIG. 15 Global Deep Sea Mining Equipment Market, by Polymetallic Nodules, Value, 2017-2030 (US$ Bn)
FIG. 16 Global Deep Sea Mining Equipment Market, by Polymetallic Sulphides, Value, 2017-2030 (US$ Bn)
FIG. 17 Global Deep Sea Mining Equipment Market, by Cobalt-Rich Crusts, Value, 2017-2030 (US$ Bn)
FIG. 18 Global Deep Sea Mining Equipment Market Value Contribution, By Service, 2022 & 2030 (Value %)
FIG. 19 Global Deep Sea Mining Equipment Market, by Exploration, Value, 2017-2030 (US$ Bn)
FIG. 20 Global Deep Sea Mining Equipment Market, by Extraction, 2017-2030 (US$ Bn)
FIG. 21 Global Deep Sea Mining Equipment Market Value Contribution, By Equipment Type, 2022 & 2030 (Value %)
FIG. 22 Global Deep Sea Mining Equipment Market, by Seabed Mining Crawler, Value, 2017-2030 (US$ Bn)
FIG. 23 Global Deep Sea Mining Equipment Market, by Riser System, 2017-2030 (US$ Bn)
FIG. 24 Global Deep Sea Mining Equipment Market, by Others, 2017-2030 (US$ Bn)
FIG. 25 North America Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 26 U.S. Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 27 Canada Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 28 Europe Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 29 Germany Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 30 France Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 31 U.K. Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 32 Italy Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 33 Spain Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 34 Rest of Europe Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 35 Asia Pacific Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 36 China Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 37 Japan Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 38 India Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 39 South Korea Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 40 South-East Asia Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 41 Rest of Asia Pacific Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 42 Latin America Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 43 Brazil Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 44 Mexico Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 45 Rest of Latin America Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 46 Middle East & Africa Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 47 GCC Countries Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 48 South Africa Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)
FIG. 49 Rest of Middle East and Africa Deep Sea Mining Equipment Market, 2017-2030 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Deep Sea Mining Equipment Market
TABLE 2 Global Deep Sea Mining Equipment Market, by Competitive Benchmarking, 2022
TABLE 3 Global Deep Sea Mining Equipment Market, by Geographical Presence Analysis, 2022
TABLE 4 Global Deep Sea Mining Equipment Market, by Key Strategies Analysis, 2022
TABLE 5 Global Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 6 Global Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 7 Global Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 8 Global Deep Sea Mining Equipment Market, by Geography, 2017-2030 (US$ Bn)
TABLE 9 North America Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 10 North America Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 11 North America Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 12 North America Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
TABLE 13 US Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 14 US Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 15 US Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 16 Canada Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 17 Canada Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 18 Canada Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 19 Europe Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 20 Europe Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 21 Europe Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 22 Europe Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
TABLE 23 Germany Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 24 Germany Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 25 Germany Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 26 France Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 27 France Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 28 France Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 29 UK Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 30 UK Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 31 UK Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 32 Italy Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 33 Italy Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 34 Italy Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 35 Spain Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 36 Spain Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 37 Spain Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 38 Rest of Europe Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 39 Rest of Europe Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 40 Rest of Europe Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 41 Asia Pacific Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 42 Asia Pacific Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 43 Asia Pacific Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 44 Asia Pacific Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
TABLE 45 China Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 46 China Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 47 China Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 48 Japan Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 49 Japan Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 50 Japan Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 51 India Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 52 India Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 53 India Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 54 South Korea Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 55 South Korea Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 56 South Korea Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 57 South-East Asia Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 58 South-East Asia Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 59 South-East Asia Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 60 Rest of Asia Pacific Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 61 Rest of Asia Pacific Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 62 Rest of Asia Pacific Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 63 Latin America Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 64 Latin America Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 65 Latin America Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 66 Latin America Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
TABLE 67 Brazil Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 68 Brazil Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 69 Brazil Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 70 Mexico Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 71 Mexico Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 72 Mexico Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 73 Rest of Latin America Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 74 Rest of Latin America Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 75 Rest of Latin America Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 76 Middle East and Africa Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 77 Middle East and Africa Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 78 Middle East and Africa Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 79 Middle East and Africa Deep Sea Mining Equipment Market, by Country, 2017-2030 (US$ Bn)
TABLE 80 GCC Countries Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 81 GCC Countries Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 82 GCC Countries Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 83 South Africa Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 84 South Africa Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 85 South Africa Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)
TABLE 86 Rest of Middle East and Africa Deep Sea Mining Equipment Market, by Type, 2017-2030 (US$ Bn)
TABLE 87 Rest of Middle East and Africa Deep Sea Mining Equipment Market, by Service, 2017-2030 (US$ Bn)
TABLE 88 Rest of Middle East and Africa Deep Sea Mining Equipment Market, by Equipment Type, 2017-2030 (US$ Bn)

Frequently asked questions

How does COVID-19 Impact the global deep sea mining equipment market?

The manufacturing, oil & gas, and construction industries were all severely impacted by the Covid-19 pandemic. Thus, mining operations were greatly curtailed or discontinued.

Which is the leading region of the market for deep sea mining equipment?

Asia Pacific accounted for the most heightened share in the global deep sea mining equipment market.

What are the key drivers for the growth of the deep sea mining equipment market?

A rise in deep sea exploration activities for scientific and emergency management purposes is driving the market for deep sea mining equipment.

Which is the major segment in the deep sea mining equipment market by service?

The extraction segment had a major share in the global market in 2022.

Which is the major segment in the deep sea mining equipment market by equipment type?

The seabed mining crawler segment had a major share in the global market.

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