Autonomous Underwater Vehicles Market by Type (Shallow, Medium, and Large AUVs), Technology (Collision Avoidance, Communication, Navigation, Propulsion, Sonar, and Imaging), Application (Oil & Gas, Oceanography, Military & Defense) - Global Forecast to 2022

Published: September 2016
No. of Pages: 152
    ReportsandReports

“Autonomous underwater vehicle (AUV) market projected to grow at a significant rate”

The said market is expected to grow from USD 211.8 million in 2016 to USD 497.9 million by 2022, at a CAGR of 15.31% during the forecast period. The high demand for autonomous underwater vehicle worldwide by the countries for monitoring their sea borders and by the oil & gas industries is a key factor responsible for the growth of the AUV market. However, stringent government regulations on using AUVs in the countries such as United States is a key factor that is restraining the growth of the autonomous underwater vehicles market.

“Search and salvage operations application projected to grow at the highest rate”

The market for the search and salvage operations application is expected to grow at the highest rate among all the applications. Incidences such as Malaysia Airlines flight MH-370 crash have been a vital factor for driving the growth of the AUV market for search and salvage operations. AUVs are expected to be adopted as an important tool for carrying out search and salvage operations in cases such as airplane crash in oceans, crash of warships, and breakdown of other commercial water vehicles.

“Imaging technology is estimated to grow at the highest rate between 2016 and 2022”

Imaging systems on AUVs are capable of capturing the pictures of the sea bed and the surrounding habitat which help the researchers in their oceanography or habitat research studies. Along with this, the growing awareness about the ability of the imaging systems to provide the exact information such as color and size of the objects present within the area under survey is one of the key factors which propel the growth of the imaging system market.

“North America is the major region for the AUV market”

The North American market is expected to hold the largest share in 2016, where the AUVs and its related products such as launch and recovery surface platforms are gaining momentum from various applications such as military & defense, oil & gas, environment protection and monitoring, oceanography, archeology and exploration, and search and salvage operation. The market in the APAC region is expected to grow at the highest rate. In the APAC region, especially in India, the plans to boost manufacturing under the project “Make in India” is one of the key driving factors for the AUV market in APAC.

Breakdown of profile of primary participants:

  • By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
  • By Designation: C-level Executives - 35%, Directors - 25%, and Others - 40%
  • By Region: North America - 45%, Europe - 20%, APAC - 30%, and RoW - 5%

Major players in the AUV market are Kongsberg Maritime AS (Norway), Teledyne Gavia ehf. (Iceland), Blue fin Robotics Corporation (U.S.), ECA Group (France), SaaBGroup (Sweden), Fugro N.V. (Netherlands), Atlas Elektronik Group GmbH (Germany), OceanServer Technology, Inc. (U.S.), Boston Engineering Corporation (U.S.), and International Submarine Engineering Ltd. (Canada).

The report on the AUV market segments the market by type, technology, application, and geography. Depending on the depth, the market for AUVs based on type is segmented into shallow AUVs (depth up to 100 meters), medium AUVs (depth up to 1,000 meters), and large AUVs (depth above 1,000 meters). The AUV market is segmented on the basis of technology, namely, collision avoidance, communication, navigation, propulsion, and imaging. Depending on the adoption of AUVs for various applications, the AUV market is segmented on the basis of applications, namely, military & defense, oil & gas, environmental protection and monitoring, oceanography, archeology and exploration, and search and salvage operation. Lastly, the global AUV market is segmented into four regions, namely, North America, Europe, APAC, and RoW.

The report would help the market leaders/new entrants in this market in the following ways:

  • This report segments the AUV market comprehensively and provides the closest approximations of the overall market size and that of the subsegments across different applications and regions.
  • The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
  • This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product launches, partnerships, and mergers & acquisitions in the AUV market.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets2765


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • China Passenger Vehicle Industry Overview, 2017-2021

    Readers can obtain the following information or more through this report: Development Environment of Passenger Vehicle Industry in China Analysis on Supply and Demand in Passenger Vehicle Industry in China Major Sales Channels of Passenger Vehic...

  • Global Rail Wheel Market by Manufacturers, Regions, Type and Application, Forecast to 2021

    Rail Wheels a type of Wheel specially designed for use on rail tracks. The Wheels is on the rails without guidance except for the shape of the tyre in relation to the rail head. Contrary to popular belief, the flanges should not touch the rails. Flan...

  • China Propeller Shafts Market Research Report 2017

    Notes: Sales, means the sales volume of Propeller Shafts Revenue, means the sales value of Propeller Shafts This report studies Propeller Shafts in China market, focuses on the top players in China market, with capacity, production, price, reven...

  • China Propeller Shaft Couplings Market Research Report 2017

    Notes: Sales, means the sales volume of Propeller Shaft Couplings Revenue, means the sales value of Propeller Shaft Couplings This report studies Propeller Shaft Couplings in China market, focuses on the top players in China market, with capacit...

  • Europe Ammunition Market Report 2017

    Notes: Sales, means the sales volume of Ammunition Revenue, means the sales value of Ammunition This report studies sales (consumption) of Ammunition in Europe market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses ...

  • Europe Aluminum Alloy Car Roof Racks Market Report 2017

    Notes: Sales, means the sales volume of Aluminum Alloy Car Roof Racks Revenue, means the sales value of Aluminum Alloy Car Roof Racks This report studies sales (consumption) of Aluminum Alloy Car Roof Racks in Europe market, especially in German...

  • United States Xylene (CAS No.1330-20-70) Market Report 2017

    Notes: Sales, means the sales volume of Xylene(CAS No.1330-20-70) Revenue, means the sales value of Xylene(CAS No.1330-20-70) This report studies sales (consumption) of Xylene(CAS No.1330-20-70) in United States market, focuses on the top player...

  • United States Wide Domain Automotive Oxygen Sensor Market Report 2017

    Notes: Sales, means the sales volume of Wide Domain Automotive Oxygen Sensor Revenue, means the sales value of Wide Domain Automotive Oxygen Sensor This report studies sales (consumption) of Wide Domain Automotive Oxygen Sensor in United States ...

  • United States Vehicle Lighting Fixtures Market Report 2017

    Notes: Sales, means the sales volume of Vehicle Lighting Fixtures Revenue, means the sales value of Vehicle Lighting Fixtures This report studies sales (consumption) of Vehicle Lighting Fixtures in United States market, focuses on the top player...

  • United States Vehicle Exhaust Purification System Market Report 2017

    Notes: Sales, means the sales volume of Vehicle Exhaust Purification System Revenue, means the sales value of Vehicle Exhaust Purification System This report studies sales (consumption) of Vehicle Exhaust Purification System in United States mar...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: