Global Deep Sea AUV (Depth above 3000m) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Deep Sea AUV (Depth above 3000m) 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 (Depth above 3000m) market finds that the global Deep Sea AUV (Depth above 3000m) 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.

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.

Political uncertainty

For general products, a stable political environment will benefit the development of the product market. However, due to the application of Deep Sea AUV in the military, the unstable international political environment may sometimes in turn promote the development of the Deep Sea AUV industry. Due to the role of deep-sea AUVs in intelligence gathering and other aspects, the use of deep-sea AUVs for military purposes is still an area worth looking forward to and unexplored. The instability of international relations may lead governments to focus on the development of marine equipment in the deep-sea AUV industry. For example, the United States and Russia are developing very large AUVs weighing tens of tons, which can be quickly configured to carry different types of loads according to mission requirements.

The impact of people's curiosity and exploration of the deep sea on the deep sea AUV

Oceans cover 70 percent of the Earth's surface, but even today, their depths remain largely unexplored. Scientists estimate that 90 to 95 percent of the deep ocean remains a mystery. With the development of society and the advancement of science and technology, people's curiosity and exploration of the deep sea field are increasing day by day. In addition, with the progress of some research, it has been found that the deep sea is not without impact on human life, on the contrary, it has important global functions, including sequestering carbon from the atmosphere, nourishing fish resources, etc. In addition, there are huge reserves of oil, natural gas, precious metals and rare minerals in the deep sea. These discoveries have fueled enthusiasm for the deep sea, which has also spurred the development of deep-sea exploration equipment, including deep-sea AUVs.

Industry development is in its infancy

The Deep Sea AUV industry is in its infancy. At present, the number of manufacturers mastering the Deep Sea AUV industrialization technology is very small, and the industry competition is not obvious. On the contrary, there are relatively more cooperation between enterprises.

Region Overview:

In 2022, the share of the Deep Sea AUV (Depth above 3000m) market in North America stood at 35.58%.

Company Overview:

Kongsberg Maritime is one of the major players operating in the Deep Sea AUV (Depth above 3000m) market, holding a share of 33.69% in 2022.

Kongsberg Maritime

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

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:

By type, 6,000m segment accounted for the largest share of market in 2022.

Application Overview:

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

Key Companies in the global Deep Sea AUV (Depth above 3000m) market covered in Chapter 3:

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

In Chapter 4 and Chapter 14.2, on the basis of types, the Deep Sea AUV (Depth above 3000m) 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 (Depth above 3000m) 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)