Global Underwater Robotics Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • Apr 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Underwater Robotics Market, By Type (Remotely Operated Vehicles (ROV) and Autonomous Underwater Vehicles (AUV)), Application (Oil and Gas, Commercial Exploration, Defense and Security and Scientific Research and others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Underwater Robotics MarketMarket Analysis and Insights : Global Underwater Robotics Market

The underwater robotics market is expected to witness market growth at a rate of 19.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on underwater robotics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.  

An underwater robot also called as an autonomous underwater vehicle is a machine, which can be remotely operated. It is basically designed to work under water for continuous oceanic surveillance. Robotics has been utilized in the manufacturing in the past few years. Marvellous expansion over the years has made them more cultured and dependable for military and law implementation applications. Moreover, underwater robot is also utilized to monitor the operations undersea across the oil fields, as it can drive, drift or glide through oceans without the need of any human operator’s control. Furthermore, it also finds function across archaeology and oceanology undersea to discover new species of aquatic animals and the exploring of sunken ships. Underwater robots play significant role in the expansion of the offshore industry. In addition, it has numerous implementations in the field of marine biology, underwater archaeology, and maritime security.

Factors such as the growing of the undersea mineral exploration activity, the functions of underwater robots recognized in the military applications, potential utilization in the underwater surveillance and offshore oil and gas exploration, the rising acceptance of the robotics in defense and security functions, the growing utilization of progressive robotics technology in oil and the gas industry, the rising of the investments in defense sectors across different countries are expected to boost the growth of the underwater robotics market in the forecast period. However, the high expenditure of products and high initial investment in the research and development procedure for the expansion of the new products and the failures that might happen during the execution of the underwater expeditions or surveys. Additionally, the growing utilization of the underwater robotics technology across military and commercial exploration implementations for the intelligence, surveillance, inspection, underwater repair maintenance, navigation and communication, and other operations are to further extend profitable opportunities for the growth of the underwater robotics market throughout the forecast period. Despite that, the navigation and communication is one of the chief concerns when it originates to the deployment of the underwater robotics might further challenge the growth of the underwater robotics market in the near future.

This underwater robotics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on underwater robotics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.                                                              

Underwater Robotics Market Scope and Market Size

The underwater robotics market is segmented on the basis of type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. 

  • Based on the type, the underwater robotics market is segmented into remotely operated vehicles (ROV) and autonomous underwater vehicles (AUV)
  • Based on the application, the underwater robotics market is segmented into oil and gas, commercial exploration, defense and security and scientific research and others

Underwater Robotics Market Country Level Analysis

The underwater robotics market is analysed and market size, volume information is provided by country, type and application as referenced above.   

The countries covered in the underwater robotics market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).  

Europe dominates the underwater robotics market because of the increasing offshore of oil and gas exploration activities in the region which will further boost the demand in the coming years. Asia Pacific is anticipated to observe considerable amount of growth in the underwater robotics market because of the rising utilization of the underwater robotics in the defense and the oil and gas exploration activities in the advanced countries of the region which is further projected to propel the demand in the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Underwater Robotics Market Share Analysis

The underwater robotics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to underwater robotics market.

The major players covered in the underwater robotics market report are Atlas Maridan ApS, Deep Ocean Engineering, Inc., General Dynamics Mission Systems, Inc., ECA Group, International Submarine Engineering Limited, Inuktun Services Ltd., Oceaneering International, Inc., Saab AB, Soil Machine Dynamics Ltd., Phoenix International, MacArtney A/S, HYDROVISION, Schilling Robotics, Eddyfi, TechnipFMC plc, Boeing., VideoRay LLC., Forum Energy Technologies, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Underwater Robotics Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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