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Global Underwater Drone Market Size study, by Type (Remotely Operated Vehicle, Autonomous Underwater Vehicles, and Hybrid Vehicles), Application, Propulsion System, and Product Type and Regional Forecasts 2020-2027

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Global Underwater Drone Market Size study, by Type (Remotely Operated Vehicle, Autonomous Underwater Vehicles, and Hybrid Vehicles), Application, Propulsion System, and Product Type and Regional Forecasts 2020-2027
Published: February 5, 2021 Content info:
Description

Title:
Global Underwater Drone Market Size study, by Type (Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicles (AUV), and Hybrid Vehicles), Application (Defense & Security, Scientific Research, Commercial Exploration, and Others), Propulsion System (Electric System, Mechanical System and Hybrid System), and Product Type (Micro, Small and Medium, Light Work-Class, and Heavy Work-Class) and Regional Forecasts 2020-2027.

Global Underwater Drone Market is valued approximately USD 3.59 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 11.7% over the forecast period 2020-2027. The underwater drones are types of vehicles which can operate under water (oceans and sea) without human occupants. They are also known as unmanned underwater vehicles (UUV). These vehicles are normally divided into two categories: remotely operated underwater vehicles (ROVs) controlled by a distant human operator during their operations, and autonomous underwater vehicles (AUVs) capable of operating autonomously without any human interaction in real time. Further, increasing growth factors such as oceanographic research demand, Under-water drones can be used to observe and inspect oceans when run on a remote basis (ROV) or completely independent under-water vehicles (AUVs). To counter the declining health of oceans, scientists and experts have coordinated an upcoming campaign in the course of the years, which eventually led the General Assembly of the United Nations in 2017 to announce the Ocean Science Decade (2021-2030). This raises awareness of the rapid decrease in the health and wealth of the oceans among governments and scientists. In order to improve ocean management, science and technology supported mitigation policies are needed. It is expected that the rising use of underwater drones in oceanographic research would further the growth of the global market for underwater drones. Furthermore, operators are also exploring oil and gas deposits in deeper seas and are expected to make a leap in adoption of ROVs and AUVs in the years. Underwater drones improve operational protection, provide support for drilling and subsea construction, reduce the effect of inspection activities on the environment and decrease staff deployment. Underwater drones are an alternative to routine inspection work for divers under the sea. Drones perform inspection works are safe, effective and minimize the effect on the environment from regular monitoring and inspection which leads to create more demand for Global Underwater Drone Market. However, AUVs-related contact issues impedes the growth of the market over the forecast period of 2020-2027. Also, technical developments in unmanned underwater vehicles, high-resolution cameras, superior manipulator weapons, and highly sensitive sonar have led to a decrease in the timelines needed for inspecting equipment and other submerged objects, thereby opening up an ocean of possibilities in underwater drones market.

The regional analysis of global Underwater Drone market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to increasing activities for offshore oil and gas exploration in European countries, the region is expected to make a significant contribution to world share. For example, the Russian oil company Lukoil concluded in May 2018 the construction of the Caspian Sea third puits in the Russian region of Filanovsky. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increased usage in China, India, South Korea and Japan for underwater robotics in defense operations, oil and gas explorations would create lucrative growth prospects for the Underwater Drone market across Asia-Pacific region.

Major market player included in this report are:

The Boeing Company

Lockheed Martin Corporation

Bluefin Robotics

Saab Seaeye Ltd

Teledyne Marine Group

Kongsberg Maritime

Oceaneering International, Inc.

TechnipFMC plc

ECA Group

Deep Ocean Engineering, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Remotely Operated Vehicle (ROV)

Autonomous Underwater Vehicles (AUV)

Hybrid Vehicles

By Application:

Defense & Security

Scientific Research

Commercial Exploration

Others

By Propulsion System:

Electric System

Mechanical System

Hybrid System

By Product Type:

Micro

Small and Medium

Light Work-Class

Heavy Work-Class

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018

Base year - 2019

Forecast period - 2020 to 2027

Target Audience of the Global Underwater Drone Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
    • 1.2.1. Underwater Drone Market, by Region, 2018-2027 (USD Billion)
    • 1.2.2. Underwater Drone Market, by Type, 2018-2027 (USD Billion)
    • 1.2.3. Underwater Drone Market, by Application, 2018-2027 (USD Billion)
    • 1.2.4. Underwater Drone Market, by Propulsion System, 2018-2027 (USD Billion)
    • 1.2.5. Underwater Drone Market, by Product Type, 2018-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Underwater Drone Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Underwater Drone Market Dynamics

  • 3.1. Underwater Drone Market Impact Analysis (2018-2027)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Underwater Drone Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Underwater Drone Market, by Type

  • 5.1. Market Snapshot
  • 5.2. Global Underwater Drone Market by Type, Performance - Potential Analysis
  • 5.3. Global Underwater Drone Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
  • 5.4. Underwater Drone Market, Sub Segment Analysis
    • 5.4.1. Remotely Operated Vehicle (ROV)
    • 5.4.2. Autonomous Underwater Vehicles (AUV)
    • 5.4.3. Hybrid Vehicles

Chapter 6. Global Underwater Drone Market, by Application

  • 6.1. Market Snapshot
  • 6.2. Global Underwater Drone Market by Application, Performance - Potential Analysis
  • 6.3. Global Underwater Drone Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
  • 6.4. Underwater Drone Market, Sub Segment Analysis
    • 6.4.1. Defense & Security
    • 6.4.2. Scientific Research
    • 6.4.3. Commercial Exploration
    • 6.4.4. Others

Chapter 7. Global Underwater Drone Market, by Propulsion System

  • 7.1. Market Snapshot
  • 7.2. Global Underwater Drone Market by Propulsion System, Performance - Potential Analysis
  • 7.3. Global Underwater Drone Market Estimates & Forecasts by Propulsion System 2017-2027 (USD Billion)
  • 7.4. Underwater Drone Market, Sub Segment Analysis
    • 7.4.1. Electric System
    • 7.4.2. Mechanical System
    • 7.4.3. Hybrid System

Chapter 8. Global Underwater Drone Market, by Product Type

  • 8.1. Market Snapshot
  • 8.2. Global Underwater Drone Market by Product Type, Performance - Potential Analysis
  • 8.3. Global Underwater Drone Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion)
  • 8.4. Underwater Drone Market, Sub Segment Analysis
    • 8.4.1. Micro
    • 8.4.2. Small and Medium
    • 8.4.3. Light Work-Class
    • 8.4.4. Heavy Work-Class

Chapter 9. Global Underwater Drone Market, Regional Analysis

  • 9.1. Underwater Drone Market, Regional Market Snapshot
  • 9.2. North America Underwater Drone Market
    • 9.2.1. U.S. Underwater Drone Market
      • 9.2.1.1. Type breakdown estimates & forecasts, 2017-2027
      • 9.2.1.2. Application breakdown estimates & forecasts, 2017-2027
      • 9.2.1.3. Propulsion System breakdown estimates & forecasts, 2017-2027
      • 9.2.1.4. Product Type breakdown estimates & forecasts, 2017-2027
    • 9.2.2. Canada Underwater Drone Market
  • 9.3. Europe Underwater Drone Market Snapshot
    • 9.3.1. U.K. Underwater Drone Market
    • 9.3.2. Germany Underwater Drone Market
    • 9.3.3. France Underwater Drone Market
    • 9.3.4. Spain Underwater Drone Market
    • 9.3.5. Italy Underwater Drone Market
    • 9.3.6. Rest of Europe Underwater Drone Market
  • 9.4. Asia-Pacific Underwater Drone Market Snapshot
    • 9.4.1. China Underwater Drone Market
    • 9.4.2. India Underwater Drone Market
    • 9.4.3. Japan Underwater Drone Market
    • 9.4.4. Australia Underwater Drone Market
    • 9.4.5. South Korea Underwater Drone Market
    • 9.4.6. Rest of Asia Pacific Underwater Drone Market
  • 9.5. Latin America Underwater Drone Market Snapshot
    • 9.5.1. Brazil Underwater Drone Market
    • 9.5.2. Mexico Underwater Drone Market
  • 9.6. Rest of The World Underwater Drone Market

Chapter 10. Competitive Intelligence

  • 10.1. Top Market Strategies
  • 10.2. Company Profiles
    • 10.2.1. The Boeing Company
      • 10.2.1.1. Key Information
      • 10.2.1.2. Overview
      • 10.2.1.3. Financial (Subject to Data Availability)
      • 10.2.1.4. Product Summary
      • 10.2.1.5. Recent Developments
    • 10.2.2. Lockheed Martin Corporation
    • 10.2.3. Bluefin Robotics
    • 10.2.4. Saab Seaeye Ltd
    • 10.2.5. Teledyne Marine Group
    • 10.2.6. Kongsberg Maritime
    • 10.2.7. Oceaneering International, Inc.
    • 10.2.8. TechnipFMC plc
    • 10.2.9. ECA Group
    • 10.2.10. Deep Ocean Engineering, Inc.

Chapter 11. Research Process

  • 11.1. Research Process
    • 11.1.1. Data Mining
    • 11.1.2. Analysis
    • 11.1.3. Market Estimation
    • 11.1.4. Validation
    • 11.1.5. Publishing
  • 11.2. Research Attributes
  • 11.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Underwater Drone market, report scope
  • TABLE 2. Global Underwater Drone market estimates & forecasts by Region 2017-2027 (USD Billion)
  • TABLE 3. Global Underwater Drone market estimates & forecasts by Type 2017-2027 (USD Billion)
  • TABLE 4. Global Underwater Drone market estimates & forecasts by Application 2017-2027 (USD Billion)
  • TABLE 5. Global Underwater Drone market estimates & forecasts by Propulsion System 2017-2027 (USD Billion)
  • TABLE 6. Global Underwater Drone market estimates & forecasts by Product Type 2017-2027 (USD Billion)
  • TABLE 7. Global Underwater Drone market by segment, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 8. Global Underwater Drone market by region, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 9. Global Underwater Drone market by segment, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 10. Global Underwater Drone market by region, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 11. Global Underwater Drone market by segment, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 12. Global Underwater Drone market by region, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 13. Global Underwater Drone market by segment, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 14. Global Underwater Drone market by region, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 15. Global Underwater Drone market by segment, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 16. Global Underwater Drone market by region, estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 17. U.S. Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 18. U.S. Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 19. U.S. Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 20. Canada Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 21. Canada Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 22. Canada Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 23. UK Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 24. UK Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 25. UK Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 26. Germany Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 27. Germany Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 28. Germany Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 29. RoE Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 30. RoE Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 31. RoE Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 32. China Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 33. China Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 34. China Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 35. India Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 36. India Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 37. India Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 38. Japan Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 39. Japan Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 40. Japan Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 41. RoAPAC Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 42. RoAPAC Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 43. RoAPAC Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 44. Brazil Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 45. Brazil Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 46. Brazil Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 47. Mexico Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 48. Mexico Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 49. Mexico Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 50. RoLA Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 51. RoLA Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 52. RoLA Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 53. Row Underwater Drone market estimates & forecasts, 2017-2027 (USD Billion)
  • TABLE 54. Row Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 55. Row Underwater Drone market estimates & forecasts by segment 2017-2027 (USD Billion)
  • TABLE 56. List of secondary sources, used in the study of global Underwater Drone market
  • TABLE 57. List of primary sources, used in the study of global Underwater Drone market
  • TABLE 58. Years considered for the study

Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Underwater Drone market, research methodology
  • FIG 2. Global Underwater Drone market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Underwater Drone market, key trends 2019
  • FIG 5. Global Underwater Drone market, growth prospects 2020-2027
  • FIG 6. Global Underwater Drone market, porters 5 force model
  • FIG 7. Global Underwater Drone market, pest analysis
  • FIG 8. Global Underwater Drone market, value chain analysis
  • FIG 9. Global Underwater Drone market by segment, 2017 & 2027 (USD Billion)
  • FIG 10. Global Underwater Drone market by segment, 2017 & 2027 (USD Billion)
  • FIG 11. Global Underwater Drone market by segment, 2017 & 2027 (USD Billion)
  • FIG 12. Global Underwater Drone market by segment, 2017 & 2027 (USD Billion)
  • FIG 13. Global Underwater Drone market by segment, 2017 & 2027 (USD Billion)
  • FIG 14. Global Underwater Drone market, regional snapshot 2017 & 2027
  • FIG 15. North America Underwater Drone market 2017 & 2027 (USD Billion)
  • FIG 16. Europe Underwater Drone market 2017 & 2027 (USD Billion)
  • FIG 17. Asia pacific Underwater Drone market 2017 & 2027 (USD Billion)
  • FIG 18. Latin America Underwater Drone market 2017 & 2027 (USD Billion)
  • FIG 19. Global Underwater Drone market, company market share analysis (2019)
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