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Global Industry Analysis Report on Unmanned Underwater Vehicles

Reviewed

May 2 2014

Research and Markets has announced the addition of the "Unmanned Underwater Vehicles Market by product, Application & by Geography (North America, Europe, Asia-Pacific, The Middle-East, Latin America, ROW) - Forecasts & Analysis 2014-2019" report to their offering.

The global Unmanned Underwater Vehicles (UUV) market research report includes the Remotely Operated Vehicles (ROV) and Autonomous Underwater Vehicles (AUV) market. This report provides the market analysis of the global UUV market over the next five years. It discusses the industry, market, and technology trends that are currently prevailing in the UUV market. The UUV categorizes the global market on the basis of type (ROV and AUV), geography, country, and application. The ROV and AUV have applications in the defense; oil and gas, and scientific research areas.

The global Unmanned Underwater Vehicles market will exhibit a robust growth over the next five years. The global ROV market is estimated to be $1.2 billion in 2014 and is expected to register a CAGR of 20.11% in 2019. The global AUV market is estimated to be $457 million in 2014 and is expected to register a CAGR of 31.95% in 2019.

The ROV and AUV markets are driven by the increasing need of ROV and AUV in areas such as offshore drilling; oceanographic studies; underwater inspection and maintenance; and surveillance and security. With the evolution of technology, better endurance, miniaturization, and enhanced payloads, ROV and AUV are efficiently used for undersea activities. The commercialization of ROV and AUV and its increased capabilities have revolutionized their growth over the years. Offshore drilling will remain the prime sector for ROV. Defense and oceanographic studies will remain a major sector for AUV.

The Asia-Pacific, Latin American, and African regions will prove to be emerging markets for the Unmanned Underwater Vehicles. SAAB (Sweden), Fugro (The Netherlands), Oceaneering (U.S.), will be the market leaders that occupy a significant market share for ROV. Kongsberg (Norway), Teledyne (U.S.), Bluefin Robotics (U.S.), and Atlas Elekronik (Germany), will be the leaders in the AUV market.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview

4 Product Analysis

5 Regional Analysis

6 Country Analysis

7 Competitive Landscape

8 Company Profiles

Companies Mentioned: