Canada Underwater Robotics Market to 2032

Overview

The Canada Underwater Robotics Market is expected to reach a 533.70 USD Million by 2032 and is projected to grow at a CAGR of 16.59% from 2025 to 2032.

Revenue, 2024 (USD Million)
205.17
Forecast, 2032 (USD Million)
533.70
CAGR, 2024 - 2032
16.59%
Report Coverage
Canada

Canada Underwater Robotics Market 2018-2032 USD Million

Canada Underwater Robotics Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 205.17 USD Million
  • Projected Market Size (2032): 533.70 USD Million
  • CAGR (2025-2032): 16.59%

Key Findings of Canada Underwater Robotics Market

  • The Canada Underwater Robotics Market was valued at 205.17 USD Million in 2024.
  • The Canada Underwater Robotics Market is likely to grow at a CAGR of 16.59% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Remotely Operated Vehicles (ROV) in Type Segment accounted for the largest share of the market with a revenue of 131.91 USD Million
  • The fastest growing segment Thrusters in Component Segment grew Fastest with a CAGR of 17.99% during the forecast period from 2024 to 2032.

Canada Underwater Robotics Market Scope

Canada Underwater Robotics Market Segmentation & Scope
Type
  • Autonomous Underwater Vehicles
  • Remotely Operated Vehicles (ROV)
Working Depth
  • Ultra-Deep Water
  • Shallow
  • Deep Water
Task
  • Construction
  • Burial and Trenching
  • Others
  • Observation
  • Intervention
  • Survey
  • Inspection
Application
  • Commercial Exploration
  • Others
  • Scientific Research
  • Defense & Security
  • Oil & Gas
Depth
  • More than 5,000 Mts
  • Less than 1,000 Mts
  • 1,000 Mts to 5,000 Mts
Component
  • Pilot Controls
  • Others
  • Frame
  • Lights
  • Camera
  • Tethers
  • Thrusters

Canada Underwater Robotics Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 205.17 USD Million
Market Value in 2032 533.70 USD Million
CAGR (2025-2032) 16.59%
Historic Data 2016-2023
Market Segments Covered Type,Working Depth,Task,Application,Depth,Component

Regional Insights:

  • Leading Market (2024-2032): Canada, leading in terms of revenue 205.17 USD Million in 2024
    • Key Country: Canada, leading in terms of revenue with value of 205.17 USD Million in 2024.

Segments and Scope

  • Canada Underwater Robotics Market to 2032, By Type
    • Remotely Operated Vehicles (ROV) is the largest segment in Canada Underwater Robotics Market to 2032 with a revenue of 131.91 USD Million in the year 2024.
    • Autonomous Underwater Vehicles is the Fastest growing segment in Canada Underwater Robotics Market to 2032 with a Growth rate of 16.00 % in forecast period 2025-2032.
  • Canada Underwater Robotics Market to 2032, By Working Depth
    • Deep Water is the largest segment in Canada Underwater Robotics Market to 2032 with a revenue of 102.92 USD Million in the year 2024.
    • Deep Water is the Fastest growing segment in Canada Underwater Robotics Market to 2032 with a Growth rate of 17.35 % in forecast period 2025-2032.
  • Canada Underwater Robotics Market to 2032, By Task
    • Inspection is the largest segment in Canada Underwater Robotics Market to 2032 with a revenue of 69.88 USD Million in the year 2024.
    • Inspection is the Fastest growing segment in Canada Underwater Robotics Market to 2032 with a Growth rate of 17.44 % in forecast period 2025-2032.
  • Canada Underwater Robotics Market to 2032, By Application
    • Oil & Gas is the largest segment in Canada Underwater Robotics Market to 2032 with a revenue of 89.86 USD Million in the year 2024.
    • Oil & Gas is the Fastest growing segment in Canada Underwater Robotics Market to 2032 with a Growth rate of 17.39 % in forecast period 2025-2032.
  • Canada Underwater Robotics Market to 2032, By Depth
    • 1,000 Mts to 5,000 Mts is the largest segment in Canada Underwater Robotics Market to 2032 with a revenue of 107.57 USD Million in the year 2024.
    • 1,000 Mts to 5,000 Mts is the Fastest growing segment in Canada Underwater Robotics Market to 2032 with a Growth rate of 17.55 % in forecast period 2025-2032.
  • Canada Underwater Robotics Market to 2032, By Component
    • Thrusters is the largest segment in Canada Underwater Robotics Market to 2032 with a revenue of 60.32 USD Million in the year 2024.
    • Thrusters is the Fastest growing segment in Canada Underwater Robotics Market to 2032 with a Growth rate of 17.99 % in forecast period 2025-2032.

Canada Underwater Robotics Market Company Share Analysis

 
Company Name Company Share Analysis
Saab AB
boeing
General Dynamics Mission Systems, Inc.
Mitsui E&S Holdings Co., Ltd.
Oceaneering International, Inc.
Canada Underwater Robotics Market Company Share Analysis

Canada Underwater Robotics Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Underwater Robotics Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Underwater Robotics Market Company Profiling

Canada Underwater Robotics Market Company Profiling
Frequently Asked Questions
The Canada Underwater Robotics Market is segmented based on Segmentation Type,Working Depth,Task,Application,Depth,Component .
Canada Underwater Robotics Market was valued at USD 205.17(Revenue in USD Million) in 2022.
Canada Underwater Robotics Market is projected to grow at a CAGR of 16.59% during the forecast period of 2024 to 2032.
The Remotely Operated Vehicles (ROV) segment is expected to dominate the Canada Underwater Robotics Market, holding a largest market share of 131.91 USD Million in 2024

Canada Underwater Robotics Market Scope

Canada Underwater Robotics Market Segmentation & Scope
Type
  • Autonomous Underwater Vehicles
  • Remotely Operated Vehicles (ROV)
Working Depth
  • Ultra-Deep Water
  • Shallow
  • Deep Water
Task
  • Construction
  • Burial and Trenching
  • Others
  • Observation
  • Intervention
  • Survey
  • Inspection
Application
  • Commercial Exploration
  • Others
  • Scientific Research
  • Defense & Security
  • Oil & Gas
Depth
  • More than 5,000 Mts
  • Less than 1,000 Mts
  • 1,000 Mts to 5,000 Mts
Component
  • Pilot Controls
  • Others
  • Frame
  • Lights
  • Camera
  • Tethers
  • Thrusters
Frequently Asked Questions
The Canada Underwater Robotics Market is segmented based on Segmentation Type,Working Depth,Task,Application,Depth,Component .
Canada Underwater Robotics Market was valued at USD 205.17(Revenue in USD Million) in 2022.
Canada Underwater Robotics Market is projected to grow at a CAGR of 16.59% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Underwater Robotics Market for final year is USD 533.70 (USD Million).

Canada Underwater Robotics Market Company Profiling

Canada Underwater Robotics Market Company Profiling
Frequently Asked Questions
The Canada Underwater Robotics Market is segmented based on Segmentation Type,Working Depth,Task,Application,Depth,Component .
Canada Underwater Robotics Market was valued at USD 205.17(Revenue in USD Million) in 2022.
Canada Underwater Robotics Market is projected to grow at a CAGR of 16.59% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Underwater Robotics Market for final year is USD 533.70 (USD Million).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.