Close Menu
    PR Newswire

    Global Autonomous Underwater Vehicle Market to Surpass USD 5.95 Bn By 2031| Growth Market Reports

    PUNE, India, July 3, 2023 /PRNewswire/ — According to a recent market study by Growth Market Reports, titled, “Global Autonomous Underwater Vehicle Market Segments – by Type, Shape, Technology, Propulsion System, Payload Type, Application, and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031“, the market size was USD 1.78 Bn in 2022 and is expected to surpass USD 5.95 Bn at a CAGR of 14.3% by the end of 2031.

    Growth_Market_Reports_Logo1

    Key Players Covered

    • Lockheed Martin Corporation
    • General Dynamics Corporation
    • Boeing
    • Kongsberg
    • BAE Systems
    • ATLAS ELEKTRONIK GmbH
    • International Submarine Engineering Limited
    • Eelume AS
    • ECA GROUP
    • Graal Tech Srl

    Download PDF Sample here: https://growthmarketreports.com/request-sample/4810

    The report covers data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of market segments, industry players, and crucial strategies that helps market players to boost their market share.

    Enquiry before buying: https://growthmarketreports.com/enquiry-before-buying/4810

    Key Takeaways:

    • AUVs are self-propelled or unmanned vehicles that are equipped with sensors and actuators.
    • Increasing adoption in defense and growing exploration of rare earth minerals are expected to boost the demand for AUVs.
    • The medium AUVs (100m–1000m depth) segment is projected to expand at the fastest CAGR, owing to rising adoption in the oil & gas and defense sector.
    • The military & defense segment is anticipated to hold a major market share due to increasing demand for intelligence, surveillance, and reconnaissance activities.
    • North America is expected to dominate the global market, owing to the increasing defense budgets and rising procurement of advanced AUVs by the Navy for ISR operations.

    Get Full Access to 330 Pages Report: https://growthmarketreports.com/checkout/4810

    Segment Covered

    Type

    • Small AUVs (upto 100m depth)
    • Medium AUVs (100m–1000m depth)
    • Large AUVs (above 1000m depth)

    Shape

    • Torpedo
    • Streamlined Rectangular Style
    • Laminar Flow Body
    • Multi-hull Vehicle

    Technology

    • Communication System
    • Collision Avoidance System
    • Navigation System
    • Imaging System

    Propulsion System

    • Mechanical System
    • Electric System
    • Hybrid System

    Payload Type

    • Sensors
    • Cameras
    • Echo Sounder
    • Synthetic Aperture Sonar
    • Acoustic Doppler Current Profilers
    • Others

    Application

    • Scientific Research
    • Oil & Gas Industry
    • Military & Defense
    • Archaeology & Explorations
    • Oceanography
    • Environment Protection & Monitoring
    • Seabed Mining
    • Rescue Activities
    • Others

    Region

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

    Related Reports:

    Contact:
    Phone: +1 909 414 1393
    Email: sales@growthmarketreports.com
    Web: https://growthmarketreports.com
    LinkedIn: https://www.linkedin.com/company/growth-market-report/

    Logo : https://mma.prnewswire.com/media/1980656/Growth_Market_Reports_Logo1.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/global-autonomous-underwater-vehicle-market-to-surpass-usd-5-95-bn-by-2031-growth-market-reports-301868279.html

    Related Posts