openPR Logo
Press release

Underwater Drones Market - Competitive Dynamics by 2025 | Kongsberg Maritime

10-22-2018 08:47 AM CET | IT, New Media & Software

Press release from: TMR Research

Underwater Drones Market - Competitive Dynamics by 2025 |

Global Underwater Drones Market: Snapshot

The technology that has enabled the development of drones—the remote, tiny, and highly innovative unmanned aerial vehicles—has advanced massively in the past few years, enabling the development of drones with futuristic features and capabilities. The technology continues to advance and new varieties of drones are being introduced relentlessly in the global market. Underwater drones, the unmanned underwater vehicles that have the capability of navigating underwater without the need for human intervention, are one such variety of drones that is capturing the attention of consumers from across a number of industries.

Presently in its early stages of development, the global market for underwater drones is steadily picking pace in terms of demand and adoption across a number of application areas. The demand is presently served majorly by applications such as aquaculture, marine inspection and research, offshore drilling, port security, pipeline inspection and maintenance, and potable water management. Owing to their high costs, underwater drones are presently witnessing demand majorly from regions such as Europe and North America owing to the presence of several developed economies in the regions.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2654

Despite the presence of a vast set of growth opportunities in emerging economies from steadily expanding industries such as oil and gas, marine inspection and research, and aquaculture, the high cost of these products is hindering their adoption to a certain degree. However, as an increased number of companies enter the market for underwater drones, the costs are expected to go down in the near future.

Global Underwater Drones Market: Overview

Underwater drones are unmanned underwater vehicles (UUVs) that are gathering pace in the application areas of robotics engineering. Underwater drones have a wide range of applications in various sectors including defense, law enforcement and public safety, marine, and information and communication technologies (ICT). Sometimes known as remotely-operated underwater vehicles (ROVs), the technologies used in UUVs may include cameras, sensors, and lasers, and these are typically operated using mobile devices. Their use is getting popular in diverse areas such as marine inspection and research, port security, aquaculture, potable water management, offshore drilling, and pipeline inspection and maintenance. The growing use of consumer drones for underwater applications is opening up promising avenues in undersea cinematography and fishing.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=2654

Global Underwater Drones Market: Key Trends

The burgeoning application of consumer drones for a variety of underwater operation and inspection activities and the growing demand for unmanned underwater vehicles in marine research are some of the key trends boosting the underwater drones market. There is a growing demand for UUV among defense and law enforcement agencies for surveillance. This has stimulated substantial research and development funding in developed nations, thereby catalyzing the underwater drones market. The limited practical applications of underwater drones, primarily due to high cost and technological constraints with tethering, is a key factor likely to hinder the market growth to an extent. Constant improvements in the control systems of UUVs and recent advancements in the camera technology are expected to open up exciting opportunities in the market.

Global Underwater Drones Market: Market Potential

The rising popularity of ROVs to be equipped with virtual reality technologies for a better immersive experiences below ocean and sea has opened up lucrative growth avenues in the underwater drones market. Blueye Robotics, a Norwegian technology start-up, in June 2017, has launched a remotely-operated underwater vehicle, called the Blueye Pioneer drone. The Pioneer drone can made to go to a depth of 450 feet and take 1080p videos, record, and stream them at a pace of 30 frames/seconds. Equipped with LED lights, they can even work even in murky water.

Read Comprehensive Overview of Report @ https://www.tmrresearch.com/underwater-drones-market

The Pioneer drone is considered useful in various underwater application such as inspecting underwater sea cables and checking offshore wind farms. In addition, it can be remotely controlled using user-friendly navigation controls, such as videogame console controller, or through a smartphone. The high-technology drone, believes Blueye Robotics, is a significant technological advancement as it can be combined with virtual reality headsets. The company hopes to ship the device in 2018 for an estimated price of US$3550.

In another recent development, PowerVision Robot Corporation, a pioneer in developing underwater drones, has launched PowerEye in January 2017. It is a tethered drone fitted with a sonar system that can be descended to a depth of 30 meters to detect fish up to more 40 meters. The drone has gained popularity with fishing enthusiasts and serious hobbyists alike.

Global Underwater Drones Market: Regional Outlook

Geographically, North America is a prominent market for underwater drones. The growth of the regional market is driven by substantial spending by the defense in advanced nations and the burgeoning off-shore oil drilling activities across several parts of the region. Meanwhile, the Middle East and Africa and Asia Pacific are expected to offer lucrative growth avenues for players in the underwater drones market. The rising threat of terrorist activities is anticipated to boost these regional markets. In addition, recent advances in oil and gas exploration activities made in Nigeria is expected to accentuate the South African market for underwater drones.

Global Underwater Drones Market: Competitive Analysis

In recent years, the technology has garnered substantial interest among several robotics firms focused on developing underwater consumer drones. This has led several emerging players to generate funds using crowdsourcing in order to consolidate their distribution channels and explore new geographic markets. Leading players are also investing substantial amounts in research and development activities in order to gain a competitive edge over others. Key players vying for a significant share in the underwater drones market include Kongsberg Maritime, Oceaneering International Inc., Teledyne Technologies, Subsea 7 S.A, Blueye, and Aquabotix Technology Corporation.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Underwater Drones Market - Competitive Dynamics by 2025 | Kongsberg Maritime here

News-ID: 1317159 • Views: 324

More Releases from TMR Research

KEY OPINION LEADER MANAGEMENT MARKET SCOPE, SEGMENTATION, DEVELOPMENT AND OPPORT …
Global Key Opinion Leader Management Market: Snapshot Key opinion leaders (KOLs) are trustworthy, influential, and experts of a particular field in the healthcare industry. Relationships of a firm with these KOLs is of great importance to manage and build a strong healthcare profile. These key opinion leaders go a long way towards educating the scientific and medical communities as well as help in increasing awareness pertaining to the recent developments in
SMART WATER GRID MARKET NEWER SEGMENTS OF APPLICATION 2025
Global Smart Water Grid Market – Snapshot The global smart water grid market is foreseen to experience its development prodded on the back of the prerequisite of managing old infrastructure, rise in information and communication technology (ICT), gap between supply and demand, water shortage, and several other factors. So as to guarantee smooth supply of water and keep a tab on its equal supply, smart water grid technology is expected to
DIGITAL UTILITY MARKET EXPANSION PROJECTED TO GAIN AN UPTICK DURING 2025
Global Digital Utility Market: Snapshot In the midst of surging demand for quick digitalization and green energy in the energy segment, the interest for digital utility system is rising notably. Penetration of digital innovations in the vitality sector and programs in nations, for example, India and China expected to fulfil local needs are foreseen to feed the demand for digital utility solutions. Get Exclusive PDF Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3398 Rise in
WEB CONTENT MANAGEMENT MARKET VALUE PROJECTED TO EXPAND BY 2025
Global Web Content Management Market: Snapshot The global web content management market is anticipated to gain impetus due to the need for organizing and appropriately using content across various marketing channels such as social media and mobile, and not just the web. Web content management allows users to have a seamless web experience while helping organizations to digitally market their products and services. It helps both technical and non-technical users to

All 5 Releases


More Releases for Underwater

Global Underwater Camera Market Research Report
This report studies the global Underwater Camera market status and forecast, categorizes the global Underwater Camera market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. The global Underwater Camera market is valued at xx million US$ in 2017 and is expected to reach xx million US$ by the
Global Underwater Lighting Depth Research Report 2019
The global Underwater Lighting market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Underwater Lighting volume and value at global level, regional level and company level. From a global perspective, this report represents overall Underwater Lighting market size by analyzing historical data and future prospect. Regionally, this report focuses on
Underwater Concrete Market Insights, Forecast to 2025
This report researches the worldwide Underwater Concrete market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Underwater Concrete breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Download
Piezoelectric Single Crystals for Underwater Sonar Transducers
CTS Corporation (NYSE: CTS) has published a white paper presenting the advantages of piezoelectric single crystals for underwater sonar transducers. PIN-/PMN-PT piezoelectric single crystals are among the most important technological advancements for underwater acoustics in recent years. Increased Sensitivity and Wider Bandwidth CTS PMN-PT and PIN-PMN-PT single crystal piezoelectric materials provide increased sensitivity and wider bandwidth for underwater transducers. Thus, the performance marks of underwater transducers are significantly higher when
Underwater Drones Market- Product Applications 2025
Global Underwater Drones Market: Snapshot The technology that has enabled the development of drones—the remote, tiny, and highly innovative unmanned aerial vehicles—has advanced massively in the past few years, enabling the development of drones with futuristic features and capabilities. The technology continues to advance and new varieties of drones are being introduced relentlessly in the global market. Underwater drones, the unmanned underwater vehicles that have the capability of navigating underwater without
Global Underwater Robotics Market Research Report 2017
In this report, the global Underwater Robotics market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Underwater Robotics in these regions, from 2012 to 2022 (forecast), covering North