AUV Market Competitive Landscape, Growth Factors, Revenue Analysis, 2020–2028

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The global Autonomous Underwater Vehicle (AUV) market size is expected to reach USD 3,143.3 Million in 2028 and register a revenue CAGR of 21.9% during the forecast period.

Reports and Data has recently published a research report titled global AUV Market forecast to 2028 which provides a comprehensive overview of the AUV industry. The report offers current market scenario with accurate information about market size, market share, market revenue growth, drivers, restraints, growth opportunities, challenges and top companies. The report offers details about effect of coronavirus outbreak on the market statistics, and market positon.

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 The defense and aerospace sector is rapidly gaining traction over the recent past and is expected to grow significantly going ahead. Revenue growth is attributed to factors such as increasing border disputes, increasing need for advanced military weapons and systems for land, sea and air, increasing investments to develop technologically advanced aircrafts and space systems. In addition, availability of advanced camera technology for military purposes, rising funds by various public and private sectors for upgrading existing systems and increasing investments to develop crewless airways and UAVs are expected to fuel market growth going ahead.

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 The report sheds light on recent activities by market players such as business expansion plans, product portfolio, market positon, global position, and license agreements. The key players in global AUV market are adopting various strategies such as mergers and acquisitions, partnerships, collaborations, joint ventures and product launches to gain a robust footing in the market and expand their product bases.

Leading companies operating in the market and profiled in the report include:

Some major companies profiled in the market report are Teledyne Technologies, Kongsberg Maritime, L3 OceanServer, Saab AB, General Dynamics Corporation, International Submarine Engineering Limited, Lockheed Martin Corporation, Boston Engineering Corporation, ECA Group, and Teledyne Technologies Incorporated.

Regional Outlook:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, Spain, Sweden, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East and Africa)

AUV Market Segmentation:

Type Outlook (Revenue, USD Million; 2018-2028)

  • Shallow AUVs (Up to 100 Meters)
  • Medium AUVs (Up to 1,000 Meters)
  • Large AUVs (More Than 1,000 Meters)

Shape Outlook (Revenue, USD Million; 2018-2028)

  • Laminar Flow Body
  • Multi-Hull Vehicle
  • Streamlined Rectangular Style
  • Torpedo

Technology Outlook (Revenue, USD Million; 2018-2028)

  • Collision Avoidance
  • Navigation
  • Communication
  • Propulsion
  • Imaging

Payload Type Outlook (Revenue, USD Million; 2018-2028)

  • Acoustic Doppler Current Profilers (ADCPs)
  • Echo Sounders
  • Synthetic Aperture Sonars
  • Cameras
  • Sensors
  • Others

Application Outlook (Revenue, USD Million; 2018-2028)

  • Military Defense
  • Oil Gas
  • Oceanography
  • Archeology Exploration
  • Search Salvage Operations
  • Environmental Protection Monitoring
  • Scientific Research
  • Commercial

Key questions addressed in the report:

  • What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?
  • What are the key factors are expected to driver global AUV market during the forecast period?
  • Which key players operating in the global AUV market?
  • Which region is expected to register fastest revenue CAGR over the forecast period?
  • What are the key restraints expected to hamper global market growth over the forecast period?
  • Which regional market is expected to account for significant revenue share in the global AUV market over the forecast period?
  • Which application segment revenue is expected to register rapid growth between 2021 and 2028?

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