Address: C76, Balewadi, Pune, Maharashtra
Unmanned underwater vehicles are anticipated to make inroads in the global underwater vehicle industry at a value CAGR of 14.91% over 2019-2028. It is anticipated to reach approximately USD 7.64 billion, which was around USD 2.92 billion in 2019.
Expanding utilization of unmanned underwater vehicles for sea security and observation in maritime powers, expanding military, financial plan in creating nations, Expanding request of UUV in oil and gas division for doing reviews at extraordinary profundities and developing utilization of unmanned underwater vehicles for mapping the seafloor and examining oceanography are some factors expected to drive the development of the worldwide unmanned underwater vehicles to showcase sooner rather than later.
Top Driver: Robust Demand for deep-water offshore oil & gas production
The interest for oil and gas has developed as of late, expanding by 31% since 2000. This interest, principally determined by the creating scene, is conjecture to proceed as oil is an essential vitality for significant ventures, for example, transportation, and can’t be effectively subbed by elective vitality sources. Be that as it may, with the gracefully of oil and gas from regular assets declining, the center has moved to deep water off-shore oil and gas production, which, thus, made a significant interest for ROVs for penetrating help, knowledge, and fix and support exercises in the subsea market.
Besides, developing utilization of unmanned underwater vehicles for mapping the sea depths and contemplating oceanography are factors expected to drive development of the global unmanned underwater vehicles showcase soon.
Autonomous Underwater Vehicle (AUV) to Make Crucial Contribution to Growth of Global Unmanned Underwater Vehicle Market
The development of the market can be ascribed to the rising number of profound water seaward oil and gas creation exercises and expanding oceanic security dangers. For AUV the development predominantly ascribed to the expanding use of AUVs in guard tasks and profound water study. The Autonomous Underwater Vehicle Market is expected to grow from USD 916 million to USD 2,698.9 million, at a CAGR of 24.13% from 2019 to 2028.Teledyne Technologies Inc.’s product AUV is performing monitoring or surveillance tasks.
Other segments by Application are Defense, Commercial Exploration, Miscellaneous and Scientific Research, by type are Autonomous Underwater Vehicle (AUV) and Remotely Operated Underwater Vehicle (ROV),By Payload are Lighting Systems, Cameras, Sensors, Synthetic Aperture Sonar, Video Screen and Inertial Navigation Systems (INS)
Rising Investments in Unmanned Underwater Vehicle and Research to Benefit North America Market
North America Region is anticipated to grow with the high percentage comparing with other regions. As they are adopting the advanced technology and their spending on military is increasing. They are doing off-shore drilling activities which are also a factor for the growth of their region. Market in Middle East and Africa is relied upon to enlist worthwhile development as far as income sooner rather than later, from developing oil and gas investigation exercises in this district.
Players to Focus on Expanding Applications in Global Unmanned Underwater Vehicle
The global unmanned underwater vehicle market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Teledyne Technologies Inc. and Lockheed Martin Corporation among others could be at the forefront of the competition in the global unmanned underwater vehicle market.
Teledyne Technologies Inc: Teledyne Gavia gives turnkey overview answers for military, business and logical applications. The Gavia AUV conveys a variety of sensors and custom payload modules making it ideal for observing or surveillance assignments where self-sufficiency, cost, and simplicity of arrangement matters. Its particular plan considers fast sensor reconfiguration and battery substitution
Lockheed Martin Corporation: Lockheed Martin is progressing subsea assessments for the oil and gas industry by utilizing Marlin to give quicker, more secure, affordable, and increasingly productive reviews contrasted with utilizing jumpers and fastened remotely worked vehicles. Furnished with sensors and vigorous independence, Marlin conducts auxiliary reviews, pipeline investigations, base trash overviews, and subsea office assessments. The 10-foot long submarine is profoundly flexibility and ready to work in restricted spaces, run up to four bunches, and voyage for as long as 18 hours. Marlin can perform up to multiple times quicker assessments, conveying higher loyalty data in hours versus days.
Scope of the Report
By Type:
By Propulsion System
By Product Type
By Application:
By Region
Key Reasons to Purchase this Report
Table of Content
Chapter 2 Our Research Practice
Chapter 4 Covid-19 Impact Analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Unmanned Underwater Vehicle Market Forces
5.2 Porter’s Five Forces Analysis
5.2.2 Threats From New Entrants
5.2.4 Threat From Substitute Product
Chapter 6 Global Unmanned Underwater Vehicle Market -Industry Snapshots
6.1.1 Global Unmanned Underwater Vehicle Market Value, 2019 – 2028, (US$ Bn)
6.2.2 Restraint/Challenges analysis
6.3 Supply Chain/Value Chain Analysis
Chapter 7 Global Unmanned Underwater Vehicle Market Analysis, by Type
7.2 Key Findings for Unmanned Underwater Vehicle Market- By Type
7.2.1 Unmanned Underwater Vehicle Market- Autonomous Underwater Vehicle (AUV)
7.2.2 Unmanned Underwater Vehicle Market- Remotely Operated Underwater Vehicle (ROV)
Chapter 8 Global Unmanned Underwater Vehicle Market Analysis, by Product Type
8.2 Key Findings for Unmanned Underwater Vehicle Market- By Product Type
8.2.1 Unmanned Underwater Vehicle Market- Small Vehicles
8.2.2 Unmanned Underwater Vehicle Market- High-capacity Electric Vehicles
8.2.3 Unmanned Underwater Vehicle Market- Work Class Vehicles
8.2.4 Unmanned Underwater Vehicle Market- Heavy Work Class Vehicles
8.2.5 Unmanned Underwater Vehicle Market- Man Portable
8.2.6 Unmanned Underwater Vehicle Market- Heavy Weight Vehicles
8.2.7 Unmanned Underwater Vehicle Market- Large Vehicles
Chapter 9 Global Unmanned Underwater Vehicle Market Analysis, by Propulsion System
9.2 Key Findings for Unmanned Underwater Vehicle Market- By Propulsion System
9.2.1 Unmanned Underwater Vehicle Market- Electric
9.2.2 Unmanned Underwater Vehicle Market- Mechanical
9.2.3 Unmanned Underwater Vehicle Market- Hybrid
9.2.4 Unmanned Underwater Vehicle Market- Others
Chapter 10 Global Unmanned Underwater Vehicle Market Analysis, by Application
10.2 Key Findings for Unmanned Underwater Vehicle Market- By Application
10.2.1 Unmanned Underwater Vehicle Market- Defense
10.2.2 Unmanned Underwater Vehicle Market- Commercial Exploration
10.2.3 Unmanned Underwater Vehicle Market- Miscellaneous
10.2.4 Unmanned Underwater Vehicle Market- Scientific Research
Chapter 11 Unmanned Underwater Vehicle Market Analysis by Region
11.1 Key Findings for Unmanned Underwater Vehicle Market- By region
11.2.1 Global Unmanned Underwater Vehicle Market Analysis, By Type, 2019 – 2028
11.2.2 Global Unmanned Underwater Vehicle Market Analysis, By Product Type, 2019 – 2028
11.2.3 Global Unmanned Underwater Vehicle Market Analysis, By Propulsion System, 2019 – 2028
11.2.4 Global Unmanned Underwater Vehicle Market Analysis, By Application, 2019 – 2028
11.3 Unmanned Underwater Vehicle Market – North America
11.3.5 North America Market, By Type
11.3.6 North America Market, By Product Type
11.3.7 North America Market, By Propulsion System
11.3.8 North America Market, By Application
11.4 Unmanned Underwater Vehicle Market – Europe
11.4.8 Europe Market, By Product Type
11.4.9 Europe market by, Propulsion System
11.4.10 Europe Market, By Application
11.5 Unmanned Underwater Vehicle Market – Asia Pacific
11.5.6 Asia Pacific Market, By Type
11.5.7 Asia Pacific Market, By Product Type
11.5.8 Asia Pacific Market, By Propulsion System
11.5.9 Asia Pacific Market, By Application
11.6 Unmanned Underwater Vehicle Market – LAMEA
11.6.2 Middle East & Africa (MEA)
11.6.5 Latin America, Middle East and Africa Market, By Type
11.6.6 Latin America, Middle East and Africa Market, By Product Type
11.6.7 Latin America, Middle East and Africa Market, By Propulsion System
11.6.8 Latin America, Middle East and Africa Market, By Application
Chapter 12 Market Competition Analysis
12.1 Market Share/Positioning Analysis
12.1.1 Market Positioning of Key Vendors, 2019
12.1.2 Key Strategies Adopted by the Leading Players
Chapter 13 Company Profiles- Snapshot
13.1 Lockheed Martin Corporation
13.5 Oceaneering International, Inc.
13.9 International Submarine Engineering
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
Please fill out the form to receive sample pages of the report