Global Autonomous Underwater Vehicle Market Overview
Introduction:
An autonomous underwater vehicle (AUV) is a machine which trips underwater without necessitating input from an operator. AUVs establishes a part of a larger group of undersea systems known as unmanned underwater vehicles. It is a link that comprises non-autonomous remotely functioned underwater vehicles (ROVs), which are measured and powered from the surface by an operator/pilot via an umbilical or using remote control. It may be used in numerous military applications like anti-submarine warfare, oceanography, payload delivery, mine counter and many more. Autonomous underwater vehicles can also be helpful to track illegal human and drug trafficking along with goods and materials smuggling. The autonomous underwater vehicle market accounted for US$ 1.18 billion in 2020 and is estimated to be US$ 7.43 billion by 2030 and is anticipated to register a CAGR of 20.4%.
Global Autonomous Underwater Vehicle Market Dynamics
Rising technological advancement
However, high initial investments, and excessive cost of operations are few factors, literally hamper the autonomous underwater vehicle market growth. Connectivity issues in deep-sea levels is also a major challenge in applications wherein, the vehicles communicate or send data and other relevant information above the sea level. Though the demand for vehicles is rising, several government organizations are imposing guidelines on using the vehicles, which are hindering the autonomous underwater vehicle market growth.
Global Autonomous Underwater Vehicle Market Segmentation
Autonomous underwater vehicle market is segmented based on type, technology, application and region.
Based on type, it is segmented as shallow AUV’s, medium AUV’s, and large AUV’s. Based on technology, global market is segmented as collision avoidance, communication, navigation, propulsion. Based on the applications, the AUV market can be segmented into military & defense, oil & gas, environmental protection and monitoring, oceanography, archaeological and exploration.
The autonomous underwater vehicle market accounted for US$ 1.18 billion in 2020 and is estimated to be US$ 7.43 billion by 2030 and is anticipated to register a CAGR of 20.4%. Based on region, the target market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific AUV market has high growth owing to its implementation in several regional navy applications. High GDP growth in several countries in the region will create several growth opportunities globally.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
|
Market Segmentation |
By Type- Shallow AUVs, Medium AUVs, and Large AUVs By Technology- Collision Avoidance, Communication, Navigation, Propulsion By Application– Military & Defense, Oil & Gas, Environmental Protection and Monitoring, Oceanography, Archaeological and Exploration |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the autonomous underwater vehicle market report based on type, technology, application, and region.
Autonomous Underwater Vehicle Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Autonomous Underwater Vehicle Market Key Players
The key market players contributing to the autonomous underwater vehicle market includes Kongsberg Maritime, Inc., General Dynamics Mission Systems, Inc., ECA GROUP, Saab AB, Lockheed Martin Corporation, Fugro, Atlas Electronic GmbH, Boston Engineering Corporation, International Submarine Engineering Limited, GRAAL, Inc.
Global Autonomous Underwater Vehicle Market Company Profile
- Kongsberg Maritime, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- General Dynamics Mission Systems, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ECA GROUP
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Saab AB
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lockheed Martin Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fugro.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Atlas Elektronik GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Boston Engineering Corporation.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- International Submarine Engineering Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GRAAL, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Autonomous Underwater Vehicle Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Autonomous Underwater Vehicle Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Shallow AUVs
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Medium AUVs
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Large AUVs
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Technology 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Collision Avoidance
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Communication
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Navigation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Propulsion
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Military & Defense
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Oil & Gas
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Environmental Protection and Monitoring
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Oceanography
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Archaeological and Exploration
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Kongsberg Maritime, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- General Dynamics Mission Systems, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ECA GROUP
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Saab AB
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lockheed Martin Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fugro.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Atlas Elektronik GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Boston Engineering Corporation.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- International Submarine Engineering Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GRAAL, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Autonomous Underwater Vehicle Market report segments based on type, technology, application and region.
Growth due to the increase in umbilical applications for safety and security purposes.
Asia-Pacific region will expect to grow in the forecast period
The leading players operating in the Autonomous Underwater Vehicle Market include Kongsberg Maritime, Inc., General Dynamics Mission Systems, Inc., ECA GROUP, Saab AB, Lockheed Martin Corporation, Fugro, Atlas Electronic GmbH, Boston Engineering Corporation, International Submarine Engineering Limited, and GRAAL, Inc.