Press release
Underwater Drone Market Scale-Up: Size, Growth Rate, Major Players, and Trends by 2025
Underwater Drone Market
• The underwater drone market size has grown from $4.86 billion in 2024 to $5.36 billion in 2025, growing at a CAGR of 10.3%.
• The market size is expected to further boom to $7.98 billion in 2029 at a CAGR of 10.5%.
• Historic market growth is attributed to factors like ocean exploration, defense applications, oil industry inspections, environmental monitoring, commercial fishing operations, among others.
• Future trends anticipated to drive market growth include underwater mining activities, climate change impact mitigation, development of autonomous underwater vehicles (AUVs), and introduction of drones as a service (DaaS) models.
What Is Driving The Growth In The Underwater Drone Global Market?
Increasing defense expenses globally have contributed to the growth of the underwater drone market. Nations are modernizing their armed forces with advanced weapons, including underwater drones, to maintain dominant positions. For instance, the U.S. defense expenditure rose by $71 billion between 2021 and 2022 according to the Peter G. Peterson Foundation. This rise in defense expenses is expected to continue driving the growth of the underwater drone market.
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Who Are The Key Players Driving Underwater Drone Global Market Growth?
• Saab Seaeye Ltd.
• Teledyne Marine Group
• The Boeing Company
• Lockheed Martin Corporation
• Bluefin Robotics Inc.
• Kongsberg Maritime AS
• And many more
What Are The Key Trends In The Underwater Drone Global Market?
• Sensor integration
• Emergence of underwater drone swarms
• Development of hybrid underwater-air systems
• Advances in underwater communication technologies
• Continuous monitoring in commercial fisheries
• Integration of artificial intelligence (AI)
• Miniaturization of underwater drone technology
What Are The Segments Of The Global Underwater Drone Global Market Report?
• By Type: Remotely Operated Vehicle, Autonomous Underwater Vehicles, Hybrid Vehicles
• By Product Type: Micro, Small And Medium, Light Work-Class, Heavy Work-Class
• By Propulsion: Electric System, Mechanical System, Hybrid System
• By Application: Defense And Security, Scientific Research, Commercial Exploration, Others Applications
Which Region Leads The Global Underwater Drone Global Market?
Asia-Pacific was the largest region in the underwater drone market in 2024. The regions covered include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Underwater Drone Global Market Report 2025 Global Market Report?
• Market Size Analysis: Analyze the Underwater Drone Global Market Report 2025 size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Underwater Drone Global Market Report 2025 for effective categorization.
• Key Player Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Underwater Drone Global Market Report 2025 growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Underwater Drone Global Market Report 2025.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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