introduce teledyne’s diversified m arket p erspective scope the market size and nature
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Industry in the Ocean Markets, Macrotrends and Motivations Justin E. Manley Senior Director Business Development Teledyne Benthos. Objectives. Introduce Teledyne’s diversified m arket p erspective Scope the market size and nature Introduce key industry considerations - PowerPoint PPT PresentationTRANSCRIPT
Industry in the OceanMarkets, Macrotrends and Motivations
Justin E. ManleySenior Director Business Development
Teledyne Benthos
• Introduce Teledyne’s diversified market perspective• Scope the market size and nature• Introduce key industry considerations• Introduce a vision of the future of ocean technology• Foster discussion
The “capitalist” view of the ocean from a former academic and former Government technologist who escaped the Beltway
Objectives
Fisheries
Science/Research
Offshore Energy
Defense R&D
Transportation
Subsea Mining
3
Homeland Security
Teledyne Marine Markets
4
Strategic Business Units
• Offshore Ops. & Maint. - $335B next 5 years• Deepwater Market - $232B next 5 years• Subsea Hardware - $135B next 5 years• Floating Production - $91B 2013-2017• Subsea Vessel Ops. - $77B 2012-2016
– Roughly $182B per year
• FLNG – no $ info (one unit = $3B)
• Offshore Wind – no $ info
• ROVs – $891M in 2010 to $1.7B in 2015• AUVs – 560 units in 2012 to 913 in 2016
• Navy – $170B FY13 • NOAA - ~$5B/year • NSF OCE- ~$350M/year• OOI - $300M over 10 years
Market Size (imperfect information)
Images courtesy Douglas-Westwood,
• Timescale– Purchasing cycle & program/spending stability
• Transaction Complexity– Review process, posture of acquisition agents &
Terms and Conditions
• Regulations– Trade & environmental compliance
• Business Model– Service vs. Product vs. Program
• Innovation and Intellectual Property– NRE vs. IRAD
Industry Considerations (vary widely)
STEM – Key Requirement Across Industry
Images courtesy MATE Center, AUVSI Foundation and Rutgers
The Networked Future
The Networked Future, open to all, will it yield a “smartphone era” for ocean operations?
Images courtesy WHOI, OceanServer Technologies, Bluefin Robotics, iRobot and Liquid Robotics