Autonomous Underwater Vehicle Market 2020 Latest Trend, Future Growth Analysis By Top Key Players | Forecast To 2028

Autonomous Underwater Vehicles Market growth is expected to gain high momentum during the forecast period due to increased military activities and government regulations.

What are Autonomous underwater vehicles (AUV) and what are their applications and uses?

Autonomous underwater vehicles (AUV) are the specifically designed autonomous vehicles which are robotic in nature and used for various exploration and underwater research work. We are also referred to as marine robots and are used for a wide range of military activities, exploration for architectural applications and research for different industries such as oil & gas and others. Some of the activities included in these applications are undersea mapping; oceanographic tracking; locating naval sea mines; grounded aircraft search; laying undersea cables and examining underwater structures.

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Autonomous underwater vehicles aid researchers in habitat & oceanography studies because of their ability to capture images of the seabed and surrounding habitat using imaging systems. Such systems provide precise information such as the region under consideration, such as size and color, which is a crucial factor driving the growth of the AUV industry. Many companies provide the research and exploration activities with real-time & fast data transmission and high-standard hydrographic surveys.

Segmentation for better understanding of this market and its growth prospects They are segmented by type of vehicle as small, medium, large, payload, imagery, navigation, and others. They are segmented into Military & Defence, Explorations, and other segments based on the application area. The key factors for the growth of the global AUV market are rapid technological development, the need for much safer sea boundaries, and an increasing number of archeological and reserve discovery research and exploration work carried out.

Some of the key Impact Factors:
o Technological advancement and better performance vehicles
o The growth of research and exploration tasks
o Increased military tasks and government regulations

Regional fragmentation to understand growth patterns

The regional outlook for autonomous underwater vehicles market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are projected to be primary regions for autonomous underwater vehicles market during the forecast period. As one of the industrialized regions, the energy & power sector is the key to the operation of the various industries in the region. This is one of the key factors that control the development of the demand for autonomous underwater vehicles in those areas. Some of the major economies covered in this region include US, Germany, UK, France, Italy, Canada, and so on.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. International Submarine Engineering (ISE) Ltd.
2. Atlas Elektronik GmbH
3. Saab Group
4. Bluefin Robotics
5. Teledyne Technologies
6. Boston Engineering Corporation
7. Lockheed Martin Corporation
8. Oceanserver Technology
9. Kongsberg Gruppen
10. Graal Inc.
11. Eca Group
12. Fugro and others.

The Asia Pacific to show promising growth during the forecast period

The Asia Pacific is projected as one of the rapidly growing regions for autonomous underwater vehicles market during the forecast period. Some of the highest growing economies and rising energy & power demand to cater for high population & industries are expected to drive demand in this area. China and India are expected to register major demand during the forecast period. During the forecast period, the Middle East which includes the UAE, Saudi Arabia, Iran, Qatar and others promises high market potential. Rest of the World including Africa and South America are emerging regions in terms of market demand over the forecast period.

Market Segmentation:

o By Component:
o Cameras
o Synthetic Aperture Sonars
o Sensors
o Echo Sounders
o Acoustic Doppler Current Profilers
o Others

o By Type:
o Large AUVs
o Medium AUVs
o Shallow AUVs

o By Technology:
o Collision Avoidance
o Imaging
o Communication
o Navigation
o Propulsion

o By End User:
o Military & Defense
o Commercial
o Scientific

o By Region:
o North America
o By Country (US, Canada, Mexico)
o By Component
o By Type
o By Technology
o By End-User
o Western Europe:
o By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
o By Component
o By Type
o By Technology
o By End-User
o Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Component
o By Type
o By Technology
o By End-User
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Component
o By Type
o By Technology
o By End-User
o Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Component
o By Type
o By Technology
o By End-User
o Rest of the World
o By Region (South America, Africa, Rest of the World)
o By Component
o By Type
o By Technology
o By End-User

Reasons to Buy This Report:
o Market size estimation of the autonomous underwater vehicle market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
o We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

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This release was published on openPR.