Global Autonomous Underwater Vehicle Market, By Component (Cameras, Synthetic Aperture Sonars, Senso

Published Date: | Report Code : AD1935318

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High demand from the military & defense industry in the emerging regions is expected to drive the demand of the Autonomous Underwater Vehicle market during the forecast period.  Some of the major end-use industries in autonomous underwater vehicle markets have been witnessing strong growth in the emerging region such as the Asia Pacific and the Middle East.  

An autonomous underwater vehicle (AUV) is an underwater vehicle capable of carrying out simple activities with minimal or no human supervision. These unmanned vehicles are used for various purposes, including mapping rock foundation. These vehicles come along with cutting edge technology, such as collision avoidance and oceanographic sensors, among others. Thus, they are capable of completing missions without human intervention.

The large AUVs type segment is expected to grow significantly during the forecast period due to their capability to operate at great depths, thus making them apt to be used for oceanography, salvage operations, habitat research, etc.

The demand for autonomous underwater vehicles for military & defense purposes is expected to grow at a considerable rate since countries such as the US, Canada, France, and China are adopting AUVs for purposes, such as security and surveillance at the border, antisubmarine warfare, monitoring smuggling of illegal items, environmental assessment, etc. The military & defense end-user segment is expected to account for a large share of the market.

The autonomous underwater vehicle market in APAC is expected to grow at a high rate due to the increasing need for energy in developing China and India. North America is expected to account for the largest share of the autonomous underwater vehicle market, owing to factors such as increasing adoption of AUVs for military & defense purposes.

Key Factors Impacting Market Growth:

  • Increase in R&D activities
  • The rise in fish farming
  • High initial outlay
  • The high cost of operations 

Regional Outlook: 

The Global autonomous underwater vehicle market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. The rest of the World includes South America and Africa. North America and the European region have been traditional regions for the aerospace & defense sector with the presence of major manufacturers and high market demand. In addition to this, these regions have been aggressive in terms of technological developments and research. This is one of the key factors governing the demand for a global autonomous underwater vehicle market during the forecast period. Major countries in these regions include the US, France, UK, Germany, Italy, Russia, Canada, and So on. This sector is one of the key contributors to the economies in the region. The Asia Pacific is estimated to be the fastest-growing region with increasing expenditure on defense and space research. With the presence of some of the fastest-growing economies including India and China, this region is projected to be a major market for global autonomous underwater vehicles during the forecast period. Other key countries in the region include South Korea, Japan, and Australia. The Middle East region promises a high potential demand for autonomous underwater vehicle market during the forecast period. Major countries in this region include UAE, Saudi Arabia, Iran, Israel, and others. The rest of the World is an emerging market for global autonomous underwater vehicles with demand from countries including South Africa, Brazil, Argentina, Nigeria, and others during the forecast period.

Companies Covered: Kongsberg Maritime, International Submarine Engineering Ltd., Teledyne Gavia ehf., Atlas Elektronik GMBH, L3 OceanServer, Bluefin Robotics, Saab AB, ECA Group, General Dynamics Corp., ECA Robotics SAS, Hydromea SA, Saab AB…

Market Segmentation:

By Component:

  • Cameras
  • Synthetic Aperture Sonars
  • Sensors
  • Echo Sounders
  • Acoustic Doppler Current Profilers
  • Others

By Type:

  • Large AUVs
  • Medium AUVs
  • Shallow AUVs

By Technology:

  • Collision Avoidance
  • Imaging
  • Communication
  • Navigation
  • Propulsion

By End User:

  • Military & Defense
  • Commercial
  • Scientific

By Region:

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

Reasons to Buy This Report:

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

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