The global underwater robotics market size is expected to reach USD 6.74 billion by 2025. The market is projected to expand at a substantial CAGR of 13.5% over the forecast period. Rising adoption of underwater robotics technology across military and commercial exploration applications for intelligence, surveillance, inspection, underwater repair maintenance, navigation and communication, and other operations is anticipated to boost market growth over the forecast period.
The commercial exploration segment held a significant share in themarket in 2017. The autonomous underwater vehicles (AUV) segment is expected to gain traction over the forecast period while reaching at over USD 1.48 billion by 2025. These vehicles are used in commercial exploration of oil and gas, military missions, as well as for scientific research activities.
The market growth is attributed to the rising investments in defense sectors across different countries. For instance, in 2016 the United States Department of Defense announced an investment of USD 600 million over the period of 2016 to 2020 for the development of variable payload unmanned undersea vehicles capabilities. This investment was majorly made by the U.S. Navy to improve intelligence, surveillance and rescue operations, acoustic surveillance, mine countermeasure, and anti-submarine warfare operation.
Further key findings from the study suggest:
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The commercial exploration segment held a significant share in themarket in 2017. The autonomous underwater vehicles (AUV) segment is expected to gain traction over the forecast period while reaching at over USD 1.48 billion by 2025. These vehicles are used in commercial exploration of oil and gas, military missions, as well as for scientific research activities.
The market growth is attributed to the rising investments in defense sectors across different countries. For instance, in 2016 the United States Department of Defense announced an investment of USD 600 million over the period of 2016 to 2020 for the development of variable payload unmanned undersea vehicles capabilities. This investment was majorly made by the U.S. Navy to improve intelligence, surveillance and rescue operations, acoustic surveillance, mine countermeasure, and anti-submarine warfare operation.
Further key findings from the study suggest:
- The global underwater robotics market accounted for USD 2.52 billion in 2017 and is expected to develop at a CAGR of 13.5% from 2018 to 2025
- ROV segment emerged as the largest by type in 2017 and is estimated to reach USD 5.26 billion by 2025
- By application, the commercial exploration segment is anticipated to witness the highest CAGR of 14.8% over the forecast period
- The Asia Pacific region is estimated to expand at the highest CAGR over the forecast period. Growing investments in autonomous marine vehicles in countries such as China, South Korea, Japan, India, and Australia are expected to drive the region’s growth
- Some of the key companies are Oceaneering International Inc.; ECA Group; Atlas Maridan; and Bluefin Robotics Corp.
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Table of Contents
Chapter 1 Report Scope1.1 Segment Market Scope
1.2 Regional Scope
1.3 Estimates & Forecasts Timeline
Chapter 2 Methodology
2.1 Research Methodology
2.2 Research Scope and Assumptions
2.3 List to Data Sources
2.4 List of Abbreviations
Chapter 3 Objective
Chapter 4 Executive Summary
Chapter 5 Market Variables, Trends & Scope
5.1 Market Segmentation
Chapter 6 Industry Outlook
6.1 Underwater Robotics Market Snapshot
6.2 Global Underwater Robotics Market
6.3 Type Segment Trends
6.4 Application Segment Trends
6.5 Regional Segment Trends
6.6 Market Variable Analysis
6.6.1 Market drivers analysis
6.6.2 The rise in undersea mineral exploration activity
6.6.3 The potential use of underwater robots in military application
6.6.4 Increase in adoption of advanced robotics technology in oil & gas industry
6.6.5 Market restraint analysis
6.6.6 Difficulty in underwater communication and navigation
Chapter 7 Market Summary
7.1 Porter’s Five Forces Analysis
Chapter 8 Value Chain Analysis
Chapter 9 Competitive And Vendor Landscape
9.1 Underwater Robotics Market – Key Company Analysis, 2017
9.2 Participant categorization
Chapter 10 Underwater Robotics Market: Type Estimates & Trend analysis
10.1 Segment Analysis
10.2 Remotely operated vehicle (ROV)
10.3 Autonomous underwater vehicle (AUV)
Chapter 11 Underwater Robotics Market: Application Estimates & Trend analysis
11.1 Segment Analysis
11.2 Defense & Security Segment Trends
11.3 Commercial Exploration Segment Trends
11.4 Scientific Research Segment Trends
11.5 Other Segment Trends
Chapter 12 Underwater Robotics Market: Regional Estimates & Trend
12.1 Segment Analysis
12.2 North America Segment Trends
12.3 North America underwater robotics market, by type, 2014 - 2025
12.4 North America underwater robotics market, by application, 2014 - 2025
12.5 U.S.
12.5.1 U.S. underwater robotics market, by type
12.5.2 U.S. underwater robotics market, by application, 2014 - 2025
12.6 Canada
12.6.1 Canada underwater robotics market, by type
12.6.2 Canada underwater robotics market, by application, 2014 - 2025
12.7 Europe Segment Trends
12.7.1 Europe underwater robotics market, by type, 2014 - 2025
12.7.2 Europe underwater robotics market, by application, 2014 - 2025
12.7.3 U.K.
12.7.3.1 U.K. underwater robotics market, by type
12.7.3.2 U.K. underwater robotics market, by application, 2014 - 2025
12.7.4 Germany
12.7.4.1 Germany underwater robotics market, by type
12.7.4.2 Germany underwater robotics market, by application, 2014 - 2025
12.7.5 Russia
12.7.5.1 Russia underwater robotics market, by type
12.7.5.2 Russia underwater robotics market, by application, 2014 - 2025
12.7.6 France
12.7.6.1 France underwater robotics market, by type
12.7.6.2 France underwater robotics market, by application, 2014 - 2025
12.8 Asia Pacific Segment Trends
12.8.1 Asia Pacific underwater robotics market, by type, 2014 - 2025
12.8.2 Asia Pacific underwater robotics market, by application, 2014 - 2025
12.8.3 China
12.8.3.1 China underwater robotics market, by type
12.8.3.2 China underwater robotics market, by application, 2014 - 2025
12.8.4 India
12.8.4.1 India underwater robotics market, by type
12.8.4.2 India underwater robotics market, by application, 2014 - 2025
12.8.5 Japan
12.8.5.1 Japan underwater robotics market, by type
12.8.5.2 Japan underwater robotics market, by application, 2014 - 2025
12.8.6 Australia
12.8.6.1 Australia underwater robotics market, by type
12.8.6.2 Australia underwater robotics market, by application, 2014 - 2025
12.9 Latin America Segment Trends
12.9.1 Latin America underwater robotics market, by type, 2014 - 2025
12.9.2 Latin America underwater robotics market, by application, 2014 - 2025
12.9.3 Brazil
12.9.3.1 Brazil underwater robotics market, by type
12.9.3.2 Brazil underwater robotics market, by application, 2014 - 2025
12.9.4 Mexico
12.9.4.1 Mexico underwater robotics market, by type
12.9.4.2 Mexico underwater robotics market, by application, 2014 - 2025
12.10 Middle East & Africa Segment Trends
12.10.1.1 Middle East & Africa underwater robotics market, by type, 2014 - 2025
12.10.1.2 Middle East & Africa underwater robotics market, by application, 2014 - 2025
Chapter 13 Competitive Landscape
13.1 ATLAS MARIDAN Aps
13.1.1 Company Overview
13.1.2 Financial Performance
13.1.3 Product Benchmarking
13.1.4 Strategic Initiative
13.2 Deep Ocean Engineering, Inc.
13.2.1 Company Overview
13.2.2 Financial Performance
13.2.3 Product Benchmarking
13.2.4 Strategic Initiative
13.3 Bluefin Robotics Corporation
13.3.1 Company Overview
13.3.2 Product Benchmarking
13.3.3 Strategic Initiative
13.4 ECA Group
13.4.1 Company Overview
13.4.2 Financial Performance
13.4.3 Product Benchmarking
13.4.4 Strategic Initiative
13.5 International Submarine Engineering
13.5.1 Company Overview
13.5.2 Financial Performance
13.5.3 Product Benchmarking
13.6 Inuktun Services Ltd.
13.6.1 Company Overview
13.6.2 Product Benchmarking
13.7 Oceaneering International, Inc.
13.7.1 Company Overview
13.7.2 Financial Performance
13.7.3 Product Benchmarking
13.7.4 Strategic Initiative
13.8 Saab AB
13.8.1 Company Overview
13.8.2 Financial Performance
13.8.3 Product Benchmarking
13.8.4 Strategic Initiative
13.9 Schilling Robotics, LLC
13.9.1 Company Overview
13.9.2 Financial Performance
13.9.3 Product Benchmarking
13.9.4 Strategic Initiative
13.10 Soil Machine Dynamics Ltd.
13.10.1 Company Overview
13.10.2 Financial Performance
13.10.3 Product Benchmarking
13.10.4 Strategic Initiative
List of Tables
Table 1 List of Abbreviation
Table 2 Global underwater robotics market, 2014 - 2025 (USD Million)
Table 3 Global underwater robotics market by type segment, 2014 - 2025 (USD Billion)
Table 4 Global underwater robotics market by application segment, 2014 - 2025 (USD Billion)
Table 5 Global underwater robotics market by region, 2014 - 2025 (USD Billion)
Table 6 Functions of software suppliers
Table 7 Participant categorization by product
Table 8 Global remotely operated vehicle market, by region, 2014 - 2025 (USD Million)
Table 9 Global AUV market, by region, 2014 - 2025 (USD Million)
Table 10 Global underwater robotic market for the defense & security segment, by region, 2014 - 2025 (USD Million)
Table 11 Global underwater robotic market for the commercial exploration segment, by region, 2014 - 2025 (USD Million)
Table 12 Global underwater robotic market for the scientific &research segment, by region, 2014 - 2025 (USD Million)
Table 13 Global underwater robotic market for the other segment, by region, 2014 - 2025 (USD Million)
Table 14 North America underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 15 North America underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 16 U.S. underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 17 U.S. underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 18 Canada underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 19 Canada underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 20 Europe underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 21 Europe underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 22 U.K. underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 23 U.K. underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 24 Germany underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 25 Germany underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 26 Russia underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 27 Russia underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 28 France underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 29 France underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 30 Asia Pacific underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 31 Asia Pacific underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 32 China underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 33 China underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 34 India underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 35 India underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 36 Japan underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 37 Japan underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 38 Australia underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 39 Australia underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 40 Latin America underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 41 Latin America underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 42 Brazil underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 43 Brazil underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 44 Mexico underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 45 Mexico underwater robotics market, by application, 2014 - 2025 (USD Million)
Table 46 Middle East & Africa underwater robotics market, by type , 2014 - 2025 (USD Million)
Table 47 Middle East & Africa underwater robotics market, by application, 2014 - 2025 (USD Million)List of Figures
Fig.1 Underwater robotics market segment scope
Fig.2 Underwater robotics market regional scope
Fig.3 Underwater robotics market research methodology
Fig.4 Underwater robotics market data triangulation technique
Fig.5 Underwater robotics market primary research scope
Fig.6 Underwater robotics market segmentation
Fig.7 Underwater Robotics market: Market snapshot
Fig.8 Underwater robotics market: Porter’s five forces analysis
Fig.9 Underwater robotics market: Value chain analysis
Fig.10 Underwater robotics market: Type segment analysis
Fig.11 Underwater robotics market: Application segment analysis
Fig.12 Underwater robotics market: Regional outlook
Fig.13 Underwater robotics market: Regional analysis
Companies Mentioned
- ATLAS MARIDAN Aps
- Deep Ocean Engineering, Inc.
- Bluefin Robotics Corporation
- ECA Group
- International Submarine Engineering
- Inuktun Services Ltd.
- Oceaneering International, Inc.
- Saab AB
- Schilling Robotics, LLC
- Soil Machine Dynamics Ltd.
Methodology
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