[237 Pages Report] The unmanned underwater vehicle market is projected to grow from an estimated USD 2.69 Billion in 2017 to USD 5.20 Billion by 2022, at a CAGR of 14.07% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.
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Scope of the Report
This research report categorizes the unmanned underwater vehicle market into the following segments and sub-segments:
Global Unmanned Underwater Vehicle Market, By Type
ROV
AUV
Global ROV and AUV Market, By Application
Commercial Exploration
Defense
Scientific Research
Miscellaneous
Global ROV and AUV Market, By Payload
Sensors
Synthetic Aperture Sonar
Inertial Navigation Systems (INS)
Cameras
Video Screens
Lighting Systems
Others
Based on application, the unmanned underwater vehicle market has been segmented into defense, commercial exploration, scientific research, and miscellaneous. The commercial exploration segment is projected to witness the highest growth during the forecast period, due to the increased demand for UUVs in commercial applications, such as surveys and seabed mapping, offshore drilling, and pipeline inspection.
Global ROV and AUV Market, By Propulsion system
Electric Systems
Mechanical Systems
Hybrid Systems
Others
Global ROV Market, By Product Type
Small Vehicles
High-capacity Electric Vehicles
Work Class Vehicles
Heavy Work Class Vehicles
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Global AUV Market, By Product Type
Man Portable
Light Weight Vehicles
Heavy Weight Vehicles
Large Vehicles
Based on type, the unmanned underwater vehicle market has been segmented into Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicle (AUV). The remotely operated vehicle market is estimated to be a larger market in 2017, due to the high demand for high-powered ROVs for ultra-deep sea ocean levels drilling.
Global ROV and AUV Market, By Region
North America
Europe
Middle East
Asia Pacific
Latin America
Africa
Key players operating in the global unmanned underwater vehicle (UUV) market include Teledyne Technologies (US), Fugro (The Netherlands), Subsea 7 (UK), Kongsberg Maritime (Norway), and Oceaneering International Inc. (US). Long-term contracts and new product launches are the two major growth strategies adopted by key players to strengthen their position and enhance their product offerings in the market.
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630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com
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