Autonomous Underwater Vehicle (AUV) Market Share, Analysis, Report and Forecast, 2017-2024 - PowerPoint PPT Presentation

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Autonomous Underwater Vehicle (AUV) Market Share, Analysis, Report and Forecast, 2017-2024

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Title: Autonomous Underwater Vehicle (AUV) Market Share, Analysis, Report and Forecast, 2017-2024


1
Autonomous Underwater Vehicle Market Price,
Trends, Industry Outlook Forecast 2017-2024
2
Key Insights from Autonomous Underwater Vehicle
Market
  • Autonomous Underwater Vehicle Market size will
    gain momentum over the coming years owing to its
    growing need for reliable security measures at
    maritime borders. AUVs are being deployed for
    exploration activities for deep water surveying
    applications such as pipe surveys in the oil
    gas industry.
  • Autonomous underwater vehicles aid scientists
    researchers in habitat oceanography studies
    owing to their ability to capture images of the
    seabed and the neighboring habitat with the usage
    of imaging systems. These systems provide precise
    information, such as size and color of the area
    under consideration, which is a crucial factor
    driving the AUV market growth.
  • RD investments, high initial investments, and
    excessive cost of operations will hamper the AUV
    market growth. Connectivity issues in deep-sea
    levels is also a major challenge in applications
    wherein the vehicles communicate or send data and
    other relevant information above the sea level.

3
Continued...
  • The AUV market can be segmented into technology,
    type, and applications. Based on technology, the
    industry is classified into collision avoidance,
    navigation, communication, imaging, and
    propulsion technologies. The navigation
    technology will witness a high growth over the
    coming years as the information, such as the
    location of vehicles, is necessary for safe
    operation and recovery.
  • Based on the applications, the AUV market can be
    segmented into military defense, oil gas,
    environmental protection monitoring,
    oceanography, archeological exploration, and
    search salvage operations. The archeological
    exploration segment is anticipated to grow
    steadily owing to the use of vehicles in
    underwater exploration activities, which include
    the extraction of minerals such as magnesium,
    zinc, and cobalt.

4

Latest Research Report On Autonomous Underwater
Vehicle Market _at_ https//www.gminsights.com/indu
stry-analysis/autonomous-underwater-vehicle-auv-ma
rket Request for a table of content of this
research report _at_ https//www.gminsights.com/requ
est-toc/upcoming/2279
5
Major Companies in Autonomous Underwater Vehicle
Market
  • Atlas Elektronik GmbH
  • Saab Group
  • Bluefin Robotics
  • Boston Engineering Corporation
  • Lockheed Martin Corporation
  • International Submarine Engineering (ISE) Ltd.
  • Oceanserver Technology
  • Teledyne Technologies
  • Kongsberg Gruppen

6
Regional Insights in Autonomous Underwater
Vehicle Market
  • The Asia Pacific AUV market will witness a high
    growth owing to its implementation in several
    regional navy applications. High GDP growth in
    several countries in the region will create
    several growth opportunities. Rising awareness
    regarding the growing security requirements in
    countries, such as China, India, Japan, and South
    Korea, has enhanced the adoption of these
    vehicles. Moreover, the presence of major
    players, such as Atlas Elektronik GmbH, Lockheed
    Martin Corporation, and Saab Group in the region,
    is providing a strong base for the AUV market
    over the coming years.

7
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