Global Deep Sea AUV Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Deep Sea AUV Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Deep Sea AUVs are autonomous underwater vehicles operating in deep water. It is an unmanned, self-propelled vehicle that is typically deployed from a surface vessel and can operate independently of that vessel for a period of hours to days. Deep Sea AUVs could perform complex sonar and oceanographic surveys over large areas. The ability of deep-water AUVs to fly relatively close to the seabed (< 5 m altitude in areas of low relief) means they are potentially capable of collecting seafloor mapping, profiling and imaging data of far higher spatial resolution and navigational accuracy than surface vessels and towed instruments.

Market Overview:

The latest research study on the global Deep Sea AUV market finds that the global Deep Sea AUV market reached a value of USD 85.69 million in 2022. It’s expected that the market will achieve USD 216.89 million by 2028, exhibiting a CAGR of 16.74% during the forecast period.

Assessment of the Overall Impact of COVID-19 on the Industry

The impact of the COVID-19 pandemic on the Deep Sea AUV industry is mainly reflected in downstream applications.

The first is business. The oil and gas industry uses AUVs to create detailed subsea maps before beginning construction of subsea infrastructure, and AUVs can also enable pipelines and subsea completions to be installed in the most cost-effective manner with minimal damage to the environment. However, the epidemic has dealt a serious blow to these commercial activities, and as a result, the demand for deep-sea AUVs in the commercial field has declined.

The field of marine science has also been severely impacted during the height of the pandemic, from the cancellation of laboratory and field events to the postponement of research on board ships. The ongoing COVID-19 pandemic has brought new social and academic realities to researchers around the world. Due to personnel constraints and delayed equipment flow, laboratories are temporarily closed or their workload is limited, and scientific work is restricted, directly affecting long-term laboratory experiments. Field work was also significantly limited, and sampling work (such as collecting time-sensitive data or using valuable shipping time) was mostly delayed. Continued delays in fieldwork will lead to gaps in time-series data, while long-term economic impacts will impact financial support for scientific research and cause research funding to be redirected or eliminated. In fact, many data collection efforts on ocean science involve public financing, but the severe consequences of COVID-19 for the global economy may affect these financings.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Kongsberg Maritime is one of the major players operating in the Deep Sea AUV market, holding a share of 33.69% in 2022.

Kongsberg Maritime is a provider of marine systems. Kongsberg Maritime's solution is applicable to land and sea, merchant ships, submarine, navy, coastal maritime affairs, aquaculture, training services, etc. Rolls-Royce Commercial Marine is now an integrated part of Kongsberg Maritime.

Bluefin Robotics products consists of autonomous unmanned underwater vehicles (UUVs) and related technologies for defense, commercial and scientific customers worldwide. Bluefin Robotics offer a full range of modular, free-flooded UUV platforms and products, including more than 70 different sensors on more than 100 vehicles. Bluefin Robotics is a wholly owned subsidiary of General Dynamics Mission Systems.

Segmentation Overview:

Among different product types, 6,000m segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Research areas segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Deep Sea AUV market covered in Chapter 3:

Kongsberg Maritime
Oceaneering International
International Submarine Engineering
ECA Group
Bluefin Robotics
Teledyne Technologies

In Chapter 4 and Chapter 14.2, on the basis of types, the Deep Sea AUV market from 2018 to 2029 is primarily split into:

4,500m
6,000m

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Deep Sea AUV market from 2018 to 2029 covers:

Military applications
Business application
Research areas

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)