Published Date: Mar, 2023 | 164 Pages | Report ID: MRU_297438
Offshore AUV Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
297438 | Date :
Mar, 2023 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Offshore AUV market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Offshore AUV is projected to rise moderately in the projected time frame of 2023-2030.
Autonomous Operated Vehicles (AUV) is the unmanned underwater vehicles which are operated without direct human intervention. They are being designed to perform underwater survey missions required in commercial, scientific research, and defense sectors. They are capable of carrying out an entire mission independently and return to the pre-programmed location where the data is collected and analyzed. Autonomous underwater vehicles are used in key application areas in commercial, scientific research, and defense.
Currently, the Defense market makes up approximately 58% of AUV sales. The Scientific Research market makes up approximately 14% of the AUV market. The Commercial market makes up approximately 28% of AUV sales. Defense and scientific research markets are expected to make up more than 64% of projected sales through 2023. AUVs will be increasingly used in the Commercial market, primarily because of the cost of using ROVs. The increased functionality in AUVs and the demand for floating production systems and remote fields also are drivers for adopting AUVs.
The market for large AUVs is expected to grow at a high rate between 2022 and 2023. Large AUVs can operate at a depth of more than 1,000 meters and are widely used for hydrographic exploration, deep ocean search, and deep water surveys. The AUVs intended for exploration activities in deep waters are specifically used for deep water mapping and surveying applications, including pipe surveys for the oil & gas sector. There is a growing demand for new energy sources worldwide, which can be met with the help of large AUVs as this type of AUVs can reach great depths underwater.
North America held the largest share of the autonomous underwater vehicle market in 2020. The increasing adoption of AUVs for military & defense applications in the US is driving the growth of the AUV market in North America. However, among all regions, the AUV market in APAC is expected to grow at the highest rate between 2022 and 2023. The rising need for energy, along with the high GDP growth rate, in developing countries in APAC, such as China and India, is creating huge opportunities for manufacturers of AUVs in this region.
The Offshore AUV market was valued at 40 Million US$ in 2020 and is projected to reach 110 Million US$ by 2030, at a CAGR of 15.1% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Offshore AUV.
Objectives of Research:
The overview of the global Offshore AUV market
Report comprised of the market companies, to describe and define and analyze the Offshore AUV market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, Kongsberg Maritime, OceanServer Technology, Teledyne Gavia, Bluefin Robotics, Atlas Elektronik, ISE Ltd, JAMSTEC, ECA SA, SAAB Group, Falmouth Scientific, Tianjin Sublue
Market by Order Type
Shallow AUV (depth up to 100 m)
Medium AUVs (depth up to 1000 m)
Large AUVs (depth more than 1000 m)
Offshore AUV Data by Application
Defense
Scientific Research
Commercial
Offshore AUV Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the Offshore AUV market comprising definition
Offshore AUV Market Growth Drivers, Restrains, Challenges and opportunities
Major trends which is impacting the global Offshore AUV market
Offshore AUV Market segmentation and complete information about the market
Regional analysis of the market
Which regional market will develop as a champion at intervals in the coming years?
What are the top companies at intervals in the global Offshore AUV market?
What are the growth strategies of the key players to sustain hold at intervals in the global Offshore AUV market?
Offshore AUV Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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