Global Untethered Autonomous Underwater Vehicle Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Untethered Autonomous Underwater Vehicle Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Untethered underwater vehicle (AUV) is a self-driving, unmanned, unfettered underwater vehicle that can perform simple activities with little or no human supervision. In addition to the wide range of applications in the oil and gas industry, untethered autonomous underwater vehicles are also used in military and national defense, oceanography, environmental protection and monitoring, archaeology and exploration industries.

Market Overview:

The latest research study on the global Untethered Autonomous Underwater Vehicle market finds that the global Untethered Autonomous Underwater Vehicle market reached a value of USD 448.85 million in 2022. It’s expected that the market will achieve USD 763.83 million by 2028, exhibiting a CAGR of 9.27% during the forecast period.

As a high-tech product, the autonomous underwater vehicle (AUV) plays a vital role in marine scientific research, detection, military and other aspects. The marine data acquired by the autonomous underwater vehicle (AUV) has important scientific research and national defense significance. An autonomous underwater vehicle (AUV) can operate without human intervention. The autonomous underwater vehicle (AUV) is equipped with technologies such as communication, collision avoidance, navigation, imaging and propulsion. With the rapid development of new technologies such as electronic computers, automatic control, and navigation, as well as the needs of marine engineering and military affairs, AUV has attracted widespread attention from the international industry. AUV is widely used in military and national defense, environmental protection and monitoring, oceanography, archaeology and exploration, and oil and gas industries. Due to the coronavirus pandemic, the feature of AUV operation without manual intervention has become an advantage during the epidemic.

Increased application of autonomous underwater vehicles in various end uses

Autonomous Underwater Vehicle (AUV) is a mission controller that integrates artificial intelligence and other advanced computing technologies. It integrates deep-diving vehicles, sensors, environmental effects, computer software, energy storage, conversion and propulsion, new materials and New technology, and high technology such as underwater intelligent weapons. An autonomous underwater vehicle (AUV) is a self-driving, unmanned, unfettered underwater vehicle that can perform simple activities with little or no human supervision.
AUV is usually used as a survey platform to map the seabed or characterize the physical, chemical or biological properties of water. AUV can travel underwater, and can be equipped with various payloads, such as cameras, sonar, bottom profiler, multi-beam echo sounder, etc. The combination of the versatility of the AUV configuration and the ability of the underwater vehicle to perform independent movements makes the AUV a powerful instrument in any underwater measurement or inspection work. In addition to its wide application in the oil and gas industry, AUV is also used in military and defense, oceanography, environmental protection and monitoring, archaeology and exploration industries.

The problem of communication system failure

With the continuous development of the development and utilization of marine resources, autonomous underwater vehicles (AUVs), as an important underwater unmanned vehicle, have become more and more widely used in seabed terrain detection and marine resource exploration.
Autonomous underwater vehicles use the latest communication system, which uses electromagnetic radiation waves to communicate from objects to ships or ships. Water will absorb electromagnetic radiation waves, thereby rendering the communication system ineffective, which will be a limiting factor in the autonomous underwater vehicle market during the forecast period.

Region Overview:

Europe was the largest revenue market with a market share of 39.59% in 2015 and 38.85% in 2019, a decrease of 0.74%. In 2019, the USA market share was 33.65%, ranking second.

Company Overview:

The top three companies are Kongsberg Maritime, Teledyne Gavia ehf., Lockheed Martin Corporation with the revenue market share of 15.42%, 9.94%, 9.79% in 2019.

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.

Teledyne Gavia ehf.

Teledyne Marine is a group of leading-edge subsea technology companies that are part of Teledyne Technologies Incorporated. Through acquisitions and collaboration over the past ten years, Teledyne Marine has evolved into an industry powerhouse, bringing Imaging, Instruments, Interconnect, Seismic, and Vehicle technology together to provide total solutions to customers.

Segmentation Overview:

Among different product types, Large AUVs (Depth more than 1,000 meters) segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Military & Defense segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Untethered Autonomous Underwater Vehicle market covered in Chapter 3:

Teledyne Gavia ehf.
Kongsberg Maritime
ATLAS ELEKTRONIK GmbH
RTSYS
Hydromea SA
L3 OceanServer
International Submarine Engineering Ltd.
Bluefin Robotics
Fugro
Saab AB
Boston Engineering Corporation
ECA Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Untethered Autonomous Underwater Vehicle market from 2018 to 2029 is primarily split into:

Shallow AUVs (Depth up to 100 meters)
Medium AUVs (Depth up to 1,000 meters)
Large AUVs (Depth more than 1,000 meters)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Untethered Autonomous Underwater Vehicle market from 2018 to 2029 covers:

Military & Defense
Oil & Gas
Environmental Protection and Monitoring
Oceanography
Archeological and Exploration
others

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)