The global underwater drone market was valued at $3.59 billion in 2019, and is projected to reach $7.39 billion by 2027, registering a CAGR of 11.7%. The report provides in-depth forecast and analysis on the Underwater Drone Market on a global and regional level. The research study provides historical data from 2014 to 2020 along with forecast data from 2021 to 2027. This research study on Underwater Drone Market includes drivers and restraints along with the impact they have on the demand over the forecast period. Also this research study provides the opportunities available Underwater Drone Market on global level.
Underwater drones, also known as unmanned underwater vehicles (UUV) are the type of vehicles that are capable to function under the water (ocean and sea) without a human occupant. These vehicles are generally divided into two categories—remotely operated underwater vehicles (ROVs) that are controlled throughout their operations by a distant human operator, and autonomous underwater vehicles (AUVs) that are capable to function autonomously without any real-time human inputs. Technological advancements in unmanned underwater vehicles, for instance, high-resolution cameras, superior manipulator arms, and highly sensitive sonar have led to a reduction in the timelines required to inspect equipment and other submerged items, consequently opening an ocean of opportunities in the underwater drone market.
The Underwater Drone Market report has been segmented as By Type, By Application and By Geographical Region.
Underwater Drone market by Type is further bifurcated into AUV, ROV. By Application the report is further bifurcated into Underwater Shooting, Fishing, Education and Other.
Based on geography, the Underwater Drone Market is divided into North America, Europe, Asia-Pacific, South America and Middle East and Africa. North America is further divided into the US, Canada, Mexico whereas Europe consists of the UK, Germany, France, Italy and Rest of Europe. Asia-Pacific is segmented into Japan, South Korea, India, China and Rest of Asia-Pacific. The South America region includes Brazil, Argentina and the Rest of South America, while the Middle East and Africa is categorized into GCC Countries, Egypt, South Africa and Rest of Middle East and Africa.
Key Players operating in Underwater Drone Market are PowerVision, CHASING, Geneinno, QYSEA, Blueye Robotics, Robosea, Shenzhen Vxfly, Aquarobotman, Notilo Plus, Navatics
Global Underwater Drone Market Key Segments:
North America ( USA, Canada, Mexico)
Europe(UK, Germany, France, Italy and Rest of Europe)
Asia-Pacific(Japan, South Korea, India, China and Rest of Asia-Pacific)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC Countries, Egypt, South Africa and Rest of Middle East and Africa)
By Key Players
Key Questions answered in this report:
Full In Depth Analysis of Underwater Drone Market.
What was the market size from 2014 to 2020
What will be the market growth till 2027
What are the market drivers, restraints and opportunities and their impact on the market.
Detailed segmentation of the market
What are the key strategies of Major players