The Global Autonomous Underwater Vehicle Market was valued at USD 312.24 million in 2016 and is projected to reach USD 1918.33 million by 2025, growing at a CAGR of 22.35% from 2017 to 2025 top key players are Bluefin Robotics , ECA Group, Saab AB , Kongs

By Technology (Collision Avoidance, Communication, Propulsion, Imaging, Navigation, Sonar), Type (Shallow AUVs, Medium AUVs, Large AUVs), End User (Commercial, Military & Defense, Scientific), and Regional Market Size, Status and Forecast to 2025

The Global Autonomous Underwater Vehicle Market was valued at USD 312.24 million in 2016 and is projected to reach USD 1918.33 million by 2025, growing at a CAGR of 22.35% from 2017 to 2025. An Autonomous Underwater Vehicle (AUV) is a robot that travels underwater without requiring input from an operator. AUVs are programmed at the surface, and then navigate through the water on their own, collecting data such as temperature, salinity, and dissolved oxygen, detect chlorophyll from microscopic marine algae, and measure concentrations of small particles in the water, map the seafloor and collect images of the seafloor and the midwater. Benefits of AUVs include - highly stable and agile, provides accurate target location, low deployment costs, high reliability and improved data quality.

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Technological advancements
1.2 Increasing need of more reliable security measures
1.3 AUVs Meeting Specifications for Carrying Out Active and Vigorous Research
1.4 Rising demand for AUVs in environmental protection, military & defense and oil & gas sectors
2. Market Restraints
2.1 Issues related with technical accuracy and communication protocol
2.2 High overall operation cost

Market Segmentation:
The Global Autonomous Underwater Vehicle Market is segmented on the technology, type, end user, and region.

1. Technology:
1.1 Collision Avoidance
1.2 Communication
1.3 Propulsion
1.4 Imaging, Navigation
1.5 Sonar

2. By Type:
2.1 Shallow AUVs

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2.2 Medium AUVs
2.3 Large AUVs

3. By End User:
3.1 Commercial
3.2 Military & Defense
3.3 Scientific

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. International Submarine Engineering (ISE) Ltd.
2. Bluefin Robotics
3. ECA Group
4. Saab AB
5. Kongsberg Maritime
6. Teledyne Gavia EHF.
7. Lockheed Martin Corporation
8. Atlas Elektronik GmbH
9. Fugro
10. Graal, Inc
11. Boston Engineering Corporation

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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