Offshore AUV Market (Updated Version Available)

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 2018 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 2017. 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 2018 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 report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Offshore AUV industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Offshore AUV by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Offshore AUV market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Offshore AUV market for 2015-2027.

Key Companies
Kongsberg Maritime
OceanServer Technology
Teledyne Gavia
Bluefin Robotics
Atlas Elektronik
ISE Ltd
JAMSTEC
ECA SA
SAAB Group
Falmouth Scientific
Tianjin Sublue

Offshore AUV Market by Type
Shallow AUV (depth up to 100 m)
Medium AUVs (depth up to 1000 m)
Large AUVs (depth more than 1000 m)
Offshore AUV Market by Application
Defense
Scientific Research
Commercial

Offshore AUV Market by Region
United States
Europe
China
Japan
Other Regions

Offshore AUV Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa


At the same time, we classify Offshore AUV according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Offshore AUV market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Offshore AUV market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Offshore AUV market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Offshore AUV market for the forecast period 2021 - 2027?
• What are the driving forces in the Offshore AUV market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Offshore AUV industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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