Global Underwater Robotics Market Observational studies 2019 with Top Companies profile like Atlas Maridan ApS, DeepOcean, General Dynamics Mission Systems, ECA GROUP, International Submarine Engineering Ltd, Inuktun Services Ltd., Oceaneering

A Report, titled “Underwater Robotics Market” has been added to our repository. The report represents the current situation of the market based on in-depth analysis of all the major factors that are expected to impact its demand in the near future, it evaluates the state of the market by 2026. The report takes stock of the global market on the basis of its attractiveness as well as investment viability. It also offers quantitative and qualitative analysis of every feature of the market and catches the emerging industry trends. The aim of the report is to allow the readers to concentrate on the classifications on the basis of product qualifications, standing competitive landscape and the market's incomes with profitability.

Market Analysis: Global Underwater Robotics Market
Global Underwater Robotics Market is expected to rise from its initial estimated value of USD 2.79 billion in 2018 to an estimated value of USD 7.74 billion by 2026, registering a CAGR of 13.61% in the forecast period of 2019-2026. Increasing demand of underwater robotics from various end-user is major factor for the growth of this market.

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Global Underwater Robotics Market By Type (Remotely Operated Vehicle, Autonomous Underwater Vehicles), Applications (Defense & Security, Commercial Exploration, Scientific Research, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis: Global Underwater Robotics Market

Global underwater robotics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of underwater robotics market for global, Europe, North America, Asia-Pacific and South America.

Major Market Competitors/Players: Global Underwater Robotics Market

Few of the major competitors currently working in global underwater robotics market are Atlas Maridan ApS, Deep Ocean Engineering, Inc., General Dynamics Mission Systems, Inc., ECA GROUP, International Submarine Engineering Limited, Inuktun Services Ltd., Oceaneering International, Inc., Saab AB, Soil Machine Dynamics Ltd., Phoenix International, MacArtney A/S, Hydrovision.

Market Definition: Global Underwater Robotics Market

Underwater robotics is those robots which travel underwater. They are of two types remotely operated vehicles and autonomous under water vehicles. They are specially designed for the ocean supervision. They are widely used in defence and security, scientific research, commercial exploration etc. It plays very important role in maritime security, marine biology and underwater archaeology.

Market Drivers:

• Increasing demand of underwater robotics from various end-users is driving the growth of this market
• Technological advancement and development is another factor driving the market
Market Restraints:
• High investment cost is restraining the growth of this market
• Increasing chances of failure while performing underwater expeditions or surveys is another factor restraining the market growth

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Segmentation:

By Type

• Remotely Operated Vehicle

• Autonomous Underwater Vehicles)

By Applications
• Defense & Security
• Commercial Exploration
• Scientific Research
• Other

By Geography

• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

Key Developments in the Market:

• In March 2019, Planys Technologies announced the launch of their new remote operated vehicles for underwater inspection- Mikros. This new robot have the ability to to go 200- meter deep and can stay underwater for unlimited hours. They are designed in such a way that they can collect data in difficult situations like tubit waters, high depth and inside long pipelines.

• In November 2016, Planys Technologies
announced the launch of their second underwater robot ROV Beluga. This new vehicle has more thrust capacity and is designed to perform functions like spot bio-fouling cleaning, ultrasonic thickness measurements, cathodic potential (CP) measurements and many acoustic surveys. They are specially designed for gas and shipping sector but can be used in many different sectors.

Research Methodology: Global Underwater Robotics Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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