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The global autonomous underwater vehicle market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 19% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Autonomous underwater vehicle (AUV) refers to a self-propelled device that conducts underwater survey missions without any human interventions. It is primarily deployed for remote navigation, detection, and mapping pertaining to diverse marine-based applications. These applications mostly include collision avoidance, marine exploration, communication, imaging, archaeological research, etc. AUVs are independent of any surface vessels which make them capable of performing deepwater activities even during harsh weather conditions, unlike a remotely operated vehicle (ROV). As a result, they are widely adopted across diverse sectors, such as oil and gas, defense, scientific research, oceanography, archaeological exploration, environmental protection, etc.
The expanding oil and gas sector has led to the increasing adoption of AUVs for offshore field explorations, monitoring of subsea pipelines, and installation of new infrastructures. Furthermore, several oil and gas companies are getting inclined towards AUVs for deepwater drilling applications as they eliminate the requirement for supporting surface vessels, thereby reducing the overall project costs. Additionally, the growing maritime security concerns have also augmented the demand for AUVs for underwater monitoring and surveillance missions in the military and defense sector. Besides this, the market is further driven by the increasing number of marine exploration activities to extract minerals such as zinc, magnesium, and cobalt that are used in the fabrication of consumer electronics and automobiles. Moreover, the extensive R&D activities in the oceanography sector are propelling the product demand for real-time data transmission and high-standard hydrographic surveys. The rising integration of AUVs with connectivity-temperature-depth (CTD) and biogeochemical sensors is also catalyzing the market growth. Apart from this, the increasing adoption of AUVs in the aquaculture sector for monitoring water turbidity, conductivity, and temperature, along with observing the fish behavior during feeding processes, is further driving the market. Moreover, the emergence of the Internet of Underwater Things (IoUT) for improving intra-communication efficiency between remotely deployed AUVs, is also expected to drive the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global autonomous underwater vehicle market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, technology, payload type, shape and application.
Breakup by Type:
Breakup by Technology:
Breakup by Payload Type:
Breakup by Shape:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Atlas Elektronik GmbH, BAE Systems PLC, Boston Engineering Corporation, ECA Group, Fugro, General Dynamics Mission Systems Inc. (General Dynamics Corporation), Hydromea SA, International Submarine Engineering Ltd, Kongsberg Maritime (Kongsberg Gruppen ASA), L3Harris OceanServer, Lockheed Martin Corporation, Saab AB, The Boeing Company and Teledyne Marine (Teledyne Technologies Inc).
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Technology, Payload Type, Shape, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Brazil, Mexico|
|Companies Covered||Atlas Elektronik GmbH, BAE Systems PLC, Boston Engineering Corporation, ECA Group, Fugro, General Dynamics Mission Systems Inc. (General Dynamics Corporation), Hydromea SA, International Submarine Engineering Ltd, Kongsberg Maritime (Kongsberg Gruppen ASA), L3Harris OceanServer, Lockheed Martin Corporation, Saab AB, The Boeing Company and Teledyne Marine (Teledyne Technologies Inc).|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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