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underwater robotics market is expected to witness USD 8,036.40 million by the year 2029, Size, Share, Trends, Key Drivers, Demand
Data Bridge Market Research analyses that the global underwater robotics market is expected to reach USD 8,036.40 million by the year 2029. "Market Overview
Underwater robotics is a branch of robotics that covers the research and development, design, manufacture, and application of robots operating in underwater environments. The term can refer to any robot functioning at or below water level (marine robotic systems). Still, it usually refers specifically to autonomous vehicles designed for use underwater. An underwater robot also called an autonomous underwater vehicle, is a machine that can be remotely operated. It is designed to work underwater for continuous oceanic surveillance. Robotics has been utilized in manufacturing in the past few years. The marvelous expansion has made them more cultured and dependable for military and law implementation applications. Underwater robots play a significant role in the expansion of the offshore industry. In addition, it has numerous implementations in marine biology, underwater archaeology, and maritime security.
Market Dynamics of the Global Underwater Robotics Market Include:
• Increasing use of underwater robotics for military and security purposes
The use of underwater vehicles is increasing in military, navy, and police forces for operations such as intelligence gathering, surveillance and reconnaissance (ISR), mine countermeasures, inspection and identification, oceanography, and payload delivery. This increasing use of ROVs and AUVs is expected to drive the Global underwater robotics market.
• Rising use of ROVs in the oil & gas industries
The increasing functions of ROVs over the years, mainly due to technological advancement and the need to search and explore more offshore reserves of oil and gas, are expected to hoist the growth of the global underwater robotics market.
• Increasing demand for AUVs for underwater exploration and scientific research
Several vehicles are operating successfully in the offshore industries and the applied and academic oceanographic sciences, but the availability of these AUVs at a justifiable rate for the service they offer is a prime factor.
• Growing demand for underwater robotics for search, rescue and repair operation
The constant development of underwater vehicles according to the requirement needed in operations such as search and rescue and underwater repair at remote locations and in hostile conditions is boosting the demand for ROVs, which is expected to act as a driver for the global underwater robotics market.
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