Underwater Drone Market is Forecasted to Reach US$ 7.9 Billion in 2028, Says Stratview Research
The global underwater drone market is projected to witness a growth rate of 10.2% annually from 2022 to 2028 with an anticipated size of US$ 7.9 billion by 2028, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global underwater drone market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3028/underwater-drone-market.html#form
Report Highlights:
Market Size in 2028: US$ 7.9 billion
Growth (CAGR): 10.2% during 2022-2028
Forecast Period: 2022-2028
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Underwater Drone Market:
The global underwater drone market is segmented based on type, application type, propulsion system type, product type, and region.
Based on type - The market is divided into three categories based on type: Remotely operated underwater vehicles (ROV), autonomous underwater vehicles (AUV), and hybrid vehicles. The remotely operated vehicle segment holds the highest market share in 2021. The ROVs are mostly used for critical missions and work the best in challenging environments. During the forecast period, the autonomous underwater vehicle segment will experience significant growth.
Based on propulsion system type - The market is divided into three categories according to propulsion system: electric, mechanical, and hybrid. The electric systems segment will show significant growth in the market during 2022-2028.
Based on application type - The market is divided into four categories based on application: commercial exploration, scientific research, defense & security, and others. The defense & security segment holds the highest market share in 2021 and is expected to lead the market during the forecast period. The defense forces' increased use of underwater drones to fight maritime security threats, such as submarine warfare, seabed mines, anti-ship & anti-submarine missiles, and others, is the cause of this expansion.
Based on product type - The underwater drone market is divided into four product categories: micro, small and medium, light work-class, and heavy work-class. Due to growing use in applications for observations of water column properties, monitoring, and benthic zones, the small vehicle segment will have considerable growth throughout the projection period. For deep-water surveys, high-capacity electric vehicles are used. A wide variety of sensors, communication systems, and navigation and positioning systems are included in the heavy work class vehicles.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/3028/underwater-drone-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that the North America has the largest market share in the world. This growth outlook is majorly attributed to the following-
• The United States is the world's largest producer, operator, and exporter of such vehicles.
• The increasing use of remotely operated vehicles (ROVs) in commercial and defense sectors is expected to drive growth in the North American ROVs market.
Asia Pacific underwater drone market is expected to grow significantly. The increase can be attributed to increased defense investments from countries such as India, China, Japan, South Korea, and others. As a result, drones can operate for longer underwater and need fewer Li-ion battery recharges.
Underwater Drone Market Drivers:
Some of the key drivers listed in the report are given below.
• The rise in deep-water offshore oil and gas exploration
• The rise in demand for underwater drones for defense and security applications
• The rise in demand for oceanographic research
• The rise in government support for the modernization of military forces
Top Companies in the Underwater Drone Market:
Stratview Research has identified the following companies as the top market players.
• Saab Seaeye Ltd
• Teledyne Marine Group
• The Boeing Company
• Lockheed Martin Corporation
• Bluefin Robotics
• Kongsberg Maritime
• ECA Group
• Oceaneering International, Inc.
• TechnipFMC plc
• Deep Ocean Engineering, Inc.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Underwater Drone Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• ROV Market: https://stratviewresearch.com/3760/rov-market.html
• AI in Drones Market: https://stratviewresearch.com/3977/ai-in-drones-market.html
Postal Address:
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Call Us: +13133074176
About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
Stratview Research, a global market research firm has launched a report on the global underwater drone market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3028/underwater-drone-market.html#form
Report Highlights:
Market Size in 2028: US$ 7.9 billion
Growth (CAGR): 10.2% during 2022-2028
Forecast Period: 2022-2028
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Underwater Drone Market:
The global underwater drone market is segmented based on type, application type, propulsion system type, product type, and region.
Based on type - The market is divided into three categories based on type: Remotely operated underwater vehicles (ROV), autonomous underwater vehicles (AUV), and hybrid vehicles. The remotely operated vehicle segment holds the highest market share in 2021. The ROVs are mostly used for critical missions and work the best in challenging environments. During the forecast period, the autonomous underwater vehicle segment will experience significant growth.
Based on propulsion system type - The market is divided into three categories according to propulsion system: electric, mechanical, and hybrid. The electric systems segment will show significant growth in the market during 2022-2028.
Based on application type - The market is divided into four categories based on application: commercial exploration, scientific research, defense & security, and others. The defense & security segment holds the highest market share in 2021 and is expected to lead the market during the forecast period. The defense forces' increased use of underwater drones to fight maritime security threats, such as submarine warfare, seabed mines, anti-ship & anti-submarine missiles, and others, is the cause of this expansion.
Based on product type - The underwater drone market is divided into four product categories: micro, small and medium, light work-class, and heavy work-class. Due to growing use in applications for observations of water column properties, monitoring, and benthic zones, the small vehicle segment will have considerable growth throughout the projection period. For deep-water surveys, high-capacity electric vehicles are used. A wide variety of sensors, communication systems, and navigation and positioning systems are included in the heavy work class vehicles.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/3028/underwater-drone-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that the North America has the largest market share in the world. This growth outlook is majorly attributed to the following-
• The United States is the world's largest producer, operator, and exporter of such vehicles.
• The increasing use of remotely operated vehicles (ROVs) in commercial and defense sectors is expected to drive growth in the North American ROVs market.
Asia Pacific underwater drone market is expected to grow significantly. The increase can be attributed to increased defense investments from countries such as India, China, Japan, South Korea, and others. As a result, drones can operate for longer underwater and need fewer Li-ion battery recharges.
Underwater Drone Market Drivers:
Some of the key drivers listed in the report are given below.
• The rise in deep-water offshore oil and gas exploration
• The rise in demand for underwater drones for defense and security applications
• The rise in demand for oceanographic research
• The rise in government support for the modernization of military forces
Top Companies in the Underwater Drone Market:
Stratview Research has identified the following companies as the top market players.
• Saab Seaeye Ltd
• Teledyne Marine Group
• The Boeing Company
• Lockheed Martin Corporation
• Bluefin Robotics
• Kongsberg Maritime
• ECA Group
• Oceaneering International, Inc.
• TechnipFMC plc
• Deep Ocean Engineering, Inc.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Underwater Drone Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• ROV Market: https://stratviewresearch.com/3760/rov-market.html
• AI in Drones Market: https://stratviewresearch.com/3977/ai-in-drones-market.html
Postal Address:
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Call Us: +13133074176
About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
