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Unmanned Underwater Vehicles Market: Global Forecasts until 2022

  • July 2017
  • 239 pages
  • ID: 5001209
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"The growing number of deep-water offshore oil & gas production activities is a main aspect projected to drive the industry demand for Unmanned Underwater Vehicles, globally"

The unmanned underwater vehicle market is forecasted to grow from an estimated ~$2.7B in 2017 to ~$5.2B by 2022, at a compound annual growth rate of ~14.1 percent between 2017 and 2022. The market increase can be accredited to the increasing number of deep-water offshore oil & gas production activities and growing maritime security threats.

"The commercial exploration segment of the of the Remotely Operated Vehicle market is anticipated to witness the highest rise during the estimate period"

Established on application, the remotely operated vehicle market has been broken down into commercial exploration, defense, scientific research, and miscellaneous. The commercial exploration segment of the market is anticipated to witness the highest increase during the outlook period. ROVs are used for various commercial applications, including survey and seabed mapping, offshore drilling, pipelining, cabling, and inspection different others.

"North America continent is intended to be the largest industry for unmanned underwater vehicles in 2017"

North America (NA) is forecasted to be the biggest market for unmanned underwater vehicles in 2017. The USA is the biggest developer, operator, exporter, and consumer of UUVs, globally, which is anticipated to support the increase of the market in North America continent.

Distribution of profile of primary members taking part for the unmanned underwater vehicle market

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

• By Area: North America (NA) - 45.0 percent, EU - 20.0 percent, Asia-Pac - 30.0 percent, RoW - 5.0 percent

main firms decribed in the analysis contain Teledyne Technologies, Subsea 7, Kongsberg Maritime, and Oceaneering International Inc..

Segment Research

This market report classifies the unmanned underwater vehicle market established on category and autonomous underwater vehicle, ROV product type (small vehicles, high-capacity electric vehicles, work class vehicles, and heavy work class vehicles), AUV product type (man-portable vehicles, lightweight vehicles, heavyweight vehicles. and big vehicles), application (commercial exploration, defense, scientific research, and miscellaneous), propulsion (electric systems, mechanical systems, hybrid systems, and others), payload (sensors, lasers, camera, radars, and others) and maps these segments and subsegments across the main regions of the world, that is, North America continent, Europe (EU), Asia Pacific (APAC), the Middle East (ME), Latin America area and African continent.

Why acquiring this study can help you:

From an insight prospect, this market research highlights on different levels of analyses - industry study, market share research of top players, company descriptions, coming out and high-growth segments of the market, high-growth areas, and sector drivers, market restraints, alternatives, and opportunities.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on UUVs provided by the most important 10 market actors in the overall unmanned underwater vehicle market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the unmanned underwater vehicle market

• Market Development: Highlighted information about profitable emerging sectors - the report analyses the sectors for unmanned underwater vehicle across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the unmanned underwater vehicle market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the unmanned underwater vehicle market

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