Autonomous Underwater Vehicle (AUV) Market by Vehicle Type (Small, Medium, Large), by Depth (0-100m, Depth up to 1000m, More than 1000 meters), by Shape (Torpedo, Laminar Flow Body, Streamlined Rectangular Style, Multi-hull vehicle), by Speed (less than 5 Knots, More than 5 knots), by System (Propulsion System, Collision Avoidance System, Navigation System, Communication System, Sensors, Others), by Application (Defense, ISR, Security detection and inspection, Mine Counter measures, Others), Commercial ({Offshore Drilling, Offshore subsea survey, Pipeline and cabling, Others}, Scientific Research, Others), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) Market Size & Forecasting To 2030

The Global Autonomous Underwater Vehicle (AUV) Market was projected to be USD 1.42 Billion in 2021 and is anticipated to exhibit a growth rate of 22.5% CAGR over the projected period (2021-2030).

Autonomous underwater vehicles (AUVs) enable large-area surveys as they have sufficient power to deploy unmanned maritime systems (UMS). The capabilities of AUVs range from the ability to obtain higher data quality, such as high-resolution maps of the deep seafloor, to the ability to establish a ubiquitous ocean presence, such as utilizing many small AUVs to survey oceanographic fields.

AUV technology is quickly evolving, and a wide range of novel AUV applications are now being developed. They can be employed for commercial purposes like oil and gas exploration or for identifying ship and aircraft wreckage, military purposes like surveillance or anti-submarine warfare, and research purposes like ocean surveying or measuring the physical parameters of the water column. Navigation, mapping sonar, energy storage, and propulsion systems are some other examples.

Increased effort in areas ranging from research to manufacturing and operation of AUVs has resulted from the recent establishment of substantial markets in both commercial and military sectors. As a result, component companies are putting in a lot of effort to adapt their product lines to better support AUVs. Thus, AUV capabilities are rapidly expanding, and this trend is likely to continue for some time.

However, these devices are costly to buy, run, and maintain, requiring dedicated technical assistance, ship time, and maintenance. These factors may restrain the growth of the autonomous underwater vehicles (AUVs) market.

Impact of COVID-19 on Global Autonomous Underwater Vehicle (AUV) Market

The global lockdown measures deployed to halt the spread of the coronavirus pandemic have wreaked havoc on the fishing, tourism, and maritime transportation industries. The health of our oceans, seas, and coasts has been harmed by the increasingly unsustainable exploitation of marine resources for economic purposes. The COVID-19 pandemic provides an opportunity to turn things around and revive industries using the ocean economy. By combining sensors such as camera, infrared, radar, and lidar, autonomous underwater vehicles may create actionable data. In the marine sector, developing machine learning models to detect and classify things of interest are driving the demand AUVs. As a result, these devices can provide long-term solutions to boost sea trade, tourist, military, and defense, all of which are projected to recover quickly from the impact of the COVID-19 pandemic. As a result, the market is likely to expand rapidly in the next few years.

TABLE 1: GLOBAL AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET OVERALL SNAPSHOT

TABLE 1: GLOBAL AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET OVERALL SNAPSHOT

Market Segmentation

The global autonomous underwater vehicle (AUV) market report has been segmented by vehicle type, by depth, by shape, by speed, by system, by application, and region.

FIGURE 1: GLOBAL AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET SEGMENTATION

FIGURE 1: GLOBAL AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET SEGMENTATION

Autonomous Underwater Vehicle (AUV) Market, by Vehicle Type

Based on vehicle type, the global autonomous underwater vehicle (AUV) market is divided into small, medium, and large.  The small autonomous underwater vehicle type segment is expected to hold the largest share of the market. AUVs are small, easily portable vehicles. They are self-guided and self-powered. They are less expensive than a remotely operated underwater vehicles (ROV) and able to maintain a direct trajectory through water. Small AUVs can be equipped with unique sensors to study ocean phenomena, map coastal features (like deep-water corals), and observe marine life. AUVs can assist in monitoring the activity around protected areas, like marine reserves, and shipwrecks.

Autonomous Underwater Vehicle (AUV) Market, by Depth

Based on depth, the global autonomous underwater vehicle (AUV) market is divided into 0-100m, depth up to 1000m, and more than 1000m.

The 0-100m segment is projected to account for a major market share. These AUVs that are designed for 0-100m are used for high-speed transits in coastal environments. At a range <100 m the AUVs can detect an object continuously closing on the vehicle.

These systems are adapted for inspection missions, particularly to search pipelines. All this can be wirelessly controlled remotely at a distance up to 200m. There are more than 50% of undersea oil & gas pipelines at depths of 0-100m. Hence, these types of AUV systems that function 0-100m have a high demand in oil & gas and commercial sector.

Autonomous Underwater Vehicle (AUV) Market, by Shape

Based on shape, the global autonomous underwater vehicle (AUV) market is divided into torpedo, laminar flow body, streamlined rectangular style, and multi-hull vehicle.  Torpedo segment is anticipated to capture the largest market share. The Torpedo is an underwater vehicle and it is commonly used to inspect tunnels and pipelines from a distance of up to 5000 meters.

The vehicle has HD color video camera with integrated LED illumination, as well as other sensors like multibeam sonar (acoustic imaging) and an acoustic profiler. Torpedo enable sonar and visual inspections incase of flooded pipelines. They can be specifically used energy facility levels (thermal and nuclear power plants) and at dams. Hence, increasing application of Torpedo AUVs in detection and surveillance is driving the growth of the segment.

Autonomous Underwater Vehicle (AUV) Market, by Speed

Based on speed, the global autonomous underwater vehicle (AUV) market is divided into less than 5 Knots and more than 5 knots. Less than 5 knots segment is projected to capture a major share of the market. The growth of the segment is attributed to its scientific applications in marine biology to geological investigation. AUVs are more stable platforms with faster advanced technology. Furthermore, these AUVs can carry out their task without being followed closely by a large surface vessel.

Autonomous Underwater Vehicle (AUV) Market, by System

Based on system, the global autonomous underwater vehicle (AUV) market is divided into propulsion system, collision avoidance system, navigation system, communication system, sensors, and others. The propulsion system segment is likely to hold a major market share.

The propulsion system uses thrusters that realize their movement due to possessing high maneuverability capabilities and velocity. Therefore, the growth of the segment is on account of its use in inspection, underwater mapping, or intervention.

Autonomous Underwater Vehicle (AUV) Market, by Application

Based on application, the global autonomous underwater vehicle (AUV) market is divided into defense, commercial, scientific research, and others.

The defense segment is further divided into ISR, security, detection and inspection, mine counter measures, and others.  The commercial segment is further divided into offshore drilling, offshore subsea survey, pipeline and cabling, and others.

The commercial segment is expected to be the largest segment of the market. AUVs and oceanographic gliders are used in commercial oil and gas to deep fields off South America, Africa, and Asia. AUVs are also used for environmental monitoring requirements. It has usage in the commercial and scientific front as well.

As per the United Nations Conference on Trade and Development, maritime transport 2018 review, approximately 80% of the world’s population lives near the ocean and 90% of its global trade traverses the seas. Hence, increased utilization of ocean resources to support the world’s population growth as energy, natural resources, and food needs has resulted in increasing deployment of AUVs.

Global Autonomous Underwater Vehicle (AUV) Market, based on Regional Analysis

The region segment includes major regions such as Asia Pacific, Middle East & Africa, North America, Europe, and South America.

North America is expected to account for a major share of the global market. The growth of the regional market is attributed to mine counter measure (detection and classification), sea floor survey, hydrographic and oceanographic data acquisition, homeland security (wreck localization, port, and coastal security.

The United States is a major country with a significant market share. A wide variety of glider designs are in use by the US Navy and ocean research organizations. For instance, in December 2009, one of the gliders build by Webb Research became the first to complete a transatlantic journey, traveling from New Jersey on the east coast of the United States to the west coast of Spain in 221 days. In another instance, the Seaglider built by the University of Washington and the Spray built by the Scripps Institution of Oceanography crossed the Gulf Stream from the mainland USA to Bermuda, and, together with the Webb Slocum, have conducted sustained, multivehicle collaborative monitoring of oceanographic variables in Monterey Bay off California.

Asia Pacific is projected to be the fastest growing market. Countries like India and China are looking to pursue underwater unmanned technologies.

TABLE 2 GLOBAL AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET OVERVIEW

TABLE 2: GLOBAL AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET OVERVIEW

 FIGURE 2: GLOBAL AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET (USD BILLION), 2021–2030

FIGURE 2: GLOBAL AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET (USD BILLION), 2021–2030

Recent Developments in the Global Autonomous Underwater Vehicle (AUV) Market

  • September 2020 - The Central Mechanical Engineering Research Institute (CMERI), a state-affiliated Indian research and development (R&D) organization overseen by the government’s Council of Scientific Research (CSIR), planned to expand R&D work on underwater vehicles. The organization intended to develop long-endurance autonomous underwater vehicles (AUVs) for commercial and defense applications, with government funding.
  • January 2020 - École Centrale (MEC) announced the launch of its first Autonomous Underwater Vehicle (AUV) named Black Pearl. It is a self-propelled, unmanned, untethered underwater vehicle capable of carrying out simple activities with little or no human supervision. Simply put, it is a computer-controlled system (or a robot) operating underwater.
  • December 2020 - South Korea’s Defense Acquisition Program Administration (DAPA) announced that it will commence indigenous development of an autonomous underwater vehicle (AUV) optimized for mine detection.

What Does This Report Provide?

This report provides a detailed understanding of the global autonomous underwater vehicle (AUV) market from qualitative and quantitative perspectives during the forecast period. The major market drivers, challenges, and opportunities for the global autonomous underwater vehicle (AUV) market have been covered in the report.

Major Companies: In this report, the major companies studied are Kongsberg Maritime (Norway), International Submarine Engineering Limited (Canada), Teledyne Marine (Iceland), ATLAS ELEKTRONIK GmbH (Germany), Saab (Sweden), ECA GROUP (France), General Dynamics Corp. (the United States), ECA Robotics SAS (France), Hydromea (Switzerland).

Market Segmentation:

AUV Market by Vehicle Type

  • Small
  • Medium
  • Large

AUV Market by Depth

  • 0-100 m
  • Depth upto 1000 meters
  • More than 1000 meters

AUV Market by Shape

  • Torpedo
  • Laminar Flow Body
  • Streamlined Rectangular Style
  • Multi-hull vehicle

 AUV Market by Speed

  • less than 5 Knots
  • More than 5 knots

AUV Market by System

  • Propulsion System
  • Collision Avoidance System
  • Navigation System
  • Communication System
  • Sensors
  • Others

 AUV Market by Application

  • Defense
    • ISR
    • Security, detection, and inspection
    • Mine Counter measures
    • Others
  • Commercial
    • Offshore Drilling
    • Offshore subsea survey
    • Pipeline and cabling
    • Others
  • Scientific Research
  • Others

By Region:

North America  AUV Market

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Vehicle Type
  • North America, by Depth
  • North America, by Shape
  • North America, by Speed
  • North America, by System
  • North America, by Application

Europe  AUV Market

  • Europe, by Country
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe 
  • Europe, by Vehicle Type
  • Europe, by Depth
  • Europe, by Shape
  • Europe, by Speed
  • Europe, by System
  • Europe, by Application

Asia Pacific  AUV Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific 
  • Asia Pacific, by Vehicle Type
  • Asia Pacific, by Depth
  • Asia Pacific, by Shape
  • Asia Pacific, by Speed
  • Asia Pacific, by System
  • Asia Pacific, by Application

Middle East & Africa  AUV Market

  • Middle East & Africa, by Country 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Middle East & Africa, by Vehicle Type
  • Middle East & Africa, by Depth
  • Middle East & Africa, by Shape
  • Middle East & Africa, by Speed
  • Middle East & Africa, by System
  • Middle East & Africa, by Application

South America  AUV Market

  • South America, by Country 
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • South America, by Vehicle Type
  • South America, by Depth
  • South America, by Shape
  • South America, by Speed
  • South America, by System
  • South America, by Application

Objectives of this Report:

  • To estimate the market size for the autonomous underwater vehicle (AUV) market on a regional and global basis
  • To provide a competitive scenario for the autonomous underwater vehicle (AUV) market with major developments observed by the key companies in the historic years
  • To evaluate key factors governing the dynamics of autonomous underwater vehicle (AUV) market with their potential growth during the forecast period

Key Questioned Answered in the Report:

  • What are major growth drivers and market trends that impacting on the global autonomous underwater vehicle (AUV) market?
  • What the market size both in terms of value and volume for global autonomous underwater vehicle (AUV) market?
  • Who are leading market players and who are the new market players that operate in the global autonomous underwater vehicle (AUV) market with an estimated market share?
  • What are the future investment and opportunity in the global autonomous underwater vehicle (AUV) market?
  • Impact of COVID-19 on global autonomous underwater vehicle (AUV) market

Customization of the market analysis:

  • By sub-segment
  • By customer-specific demand of additional customization including type, country, and application market analysis
  • by potential listing of customers and pricing assessment
  • Type-specific competitive analysis

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