PUBLISHER: Polaris Market Research | PRODUCT CODE: 1831622
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1831622
The autonomous underwater vehicle market size is expected to reach USD 14,740.07 million by 2034, according to a new study by Polaris Market Research. The report "Autonomous Underwater Vehicle Market Share, Size, Trends, Industry Analysis Report: By Technology (Collision Avoidance, Navigation, Communication, Imagery, and Propulsion), By Type, By Shape, By Payload, By Application, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
An autonomous underwater vehicle (AUV) is a robotic, untethered submersible designed to operate independently underwater without real-time human control. Equipped with sensors, propulsion systems, navigation tools, and onboard computers, AUVs are pre-programmed to carry out complex missions in marine environments. They use sonar, high speed cameras, and other instruments to collect data on water temperature, salinity, ocean currents, seafloor topography, and marine life.
AUVs are widely used in scientific research, including oceanography and marine biology, to study ecosystems and climate change. They play a crucial role in offshore industries, such as oil and gas exploration, by inspecting pipelines, subsea infrastructure, and potential drilling sites. In defense and security, AUVs support naval operations through mine detection, surveillance, and reconnaissance missions. Environmental monitoring and underwater archaeology also benefit from AUVs. The ability of AUVs to operate at various depths and for extended durations makes them ideal for deep-sea exploration, where human access is limited.
In terms of technology, the navigation segment held the largest revenue share in 2024 due to its ability to offer accurate mapping, positioning, and route planning for complex underwater missions.
Based on type, the large segment accounted for 53.59% of revenue share in 2024 as oil and gas operators, and research institutions relied heavily on large vehicles for long-endurance and deep-sea missions.
In terms of shape, the torpedo segment dominated the revenue share in 2024 due to its design that provided superior hydrodynamics, speed, and maneuverability for a wide range of underwater missions.
Based on payload, the sensors segment held 28.19% of the revenue share in 2024, due to their versatility in delivering critical data across diverse underwater missions.
North America autonomous underwater vehicle market held 34.91% of global autonomous underwater vehicle market share in 2024. This dominance is attributed to strong investments in defense and maritime security, particularly from the U.S. Navy and allied agencies.
U.S. held 72.22% of revenue share in the North America autonomous underwater vehicle landscape in 2024, due to defense modernization initiatives and the need for advanced undersea warfare capabilities.
A few global key market players include Blue Robotics, Exail, Fugro, General Dynamics Corporation, HII, Kongsberg Discovery, Lockheed Martin Corporation, Ocean Infinity, Oceaneering International, SAAB AB, Teledyne Marine Technologies Incorporated, and The Boeing Company.
Polaris Market Research has segmented the market report on the basis of technology, type, shape, payload, application, and region:
By Technology Outlook (Revenue, USD Million, 2020-2034)
Collision Avoidance
Navigation
Communication
Imagery
Propulsion
By Type Outlook (Revenue, USD Million, 2020-2034)
Shallow
Medium
Large
By Shape Outlook (Revenue, USD Million, 2020-2034)
Torpedo
Laminar Flow Body
Streamlined Rectangular Style
Multi-hull
By Payload Outlook (Revenue, USD Million, 2020-2034)
Sensors
Cameras
Synthetic Aperture Sonars
Echo Sounders
Acoustic Doppler Current Profilers
Others
By Application Outlook (Revenue, USD Million, 2020-2034)
Army & Defense
Petroleum & Gas
Environmental Security & Tracking
Oceanography
Archeology & Exploration
Search & Rescue Activities
By Regional Outlook (Revenue, USD Million, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America