Underwater Robotics Market size is expected to reach nearly US$ 7.84 Bn by 2029 with the CAGR of 8.15% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report
Underwater Robotics Market Overview
The major driving factor of the global underwater robotics market are exploration for oil & gas, mineral exploration, underwater data collection, search and rescue, monitoring sea life & underwater environmental changes, and also in military and defense applications. The high cost of R&D for the development of underwater robots is a key factor restraining the growth of the global market. Furthermore, malfunctions that occur while performing underwater expeditions or surveys are another factor expected to hinder the growth of the global underwater robotics market over the forecast period. The report contains a detailed list of factors that will drive and restrain the growth of the underwater robotics market.Underwater Robotics Market Segment Analysis
Based on type, the remotely operated vehicle is the dominant segment as remotely operated vehicles are expected to lose market share and autonomous underwater vehicles are expected to gain traction during the forecast period. Growth of remotely operated vehicle segment is attributed to rising offshore deep-sea oil and drilling industry owing to its capability to perform undersea operations such as drilling, equipment assembling, underwater repair, and maintenance. The autonomous underwater vehicles segment is projected to witness significant growth during the forecast period due to increasing demand and adoption in defense applications such as surveillance, mine counter measurement, anti-warfare application, and others. Moreover, potential use in ocean floor mapping, testing water samples, polar ice research, and pipeline inspection is expected to further drive expansion over the forecast period. The Asia Pacific region is estimated to expand at the highest CAGR over the forecast period due to high adoption of underwater robots in emerging economies and growing investments in autonomous marine vehicles in the countries such as China, South Korea, Japan, India, and Australia are expected to drive the region’s growth. The reports cover the recent development in the market for a underwater robotics such as, in July 2017, the US Defense Advanced Research Projects Agency (DARPA) signed a contract of USD 4.6 Million with BAE Systems.to develop UUV to supplement manned submarines, helping them to detect targets by sending sonar pulses. Sensors used in underwater robot has vast applications in industrial sectors. Further, R&D has helped in developing an advanced imaging system that is used at low depth and can trace the enemy ship in the water. Growing focus on innovation by DRDO for advanced defense equipment is likely to boost the growth of the market during the forecast period. The objective of the report is to present a comprehensive analysis of the Global Underwater Robotics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Underwater Robotics Market dynamics, structure by analyzing the market segments and project the Global Underwater Robotics Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Underwater Robotics Market make the report investor’s guide.Underwater Robotics Market Scope : Inquire before buying
Underwater Robotics Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 4.53 Bn. Forecast Period 2023 to 2029 CAGR: 8.15% Market Size in 2029: US $ 7.84 Bn. Segments Covered: by Type Remotely Operated Vehicle Autonomous Underwater Vehicles by Application Defense & Security Commercial Exploration Scientific Research Others Underwater Robotics Market, by Region:
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Underwater Robotics Market, Key Players:
1. ATLAS MARIDAN Aps 2. Deep Ocean Engineering, Inc. 3. Bluefin Robotics Corporation 4. ECA Group 5. International Submarine Engineering 6. Inuktun Services Ltd. 7. Oceaneering International, Inc. 8. Saab AB 9. Schilling Robotics, LLC 10. Soil Machine Dynamics Ltd. 11. General Dynamics Mission Systems, Inc. 12. Phoenix International 13. MacArtney A/S 14. Hydrovision 15. Eddyfi 16. TechnipFMC plc 17. Macartney Group 18. ACSA 19. Shenzhen Vic am Mechatronics Co. Ltd. 20. Weihai Future Robot Co. Ltd. 21. Chap pie Robot. 22. FMC Technologies Schilling Robotics 23. Floatation Technologies LLC Frequently Asked Questions: 1. Which region has the largest share in Global Underwater Robotics Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Underwater Robotics Market? Ans: The Global Underwater Robotics Market is growing at a CAGR of 8.15% during forecasting period 2023-2029. 3. What is scope of the Global Underwater Robotics market report? Ans: Global Underwater Robotics Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Underwater Robotics market? Ans: The important key players in the Global Underwater Robotics Market are – ATLAS MARIDAN Aps, Deep Ocean Engineering, Inc., Bluefin Robotics Corporation, ECA Group, International Submarine Engineering, Inuktun Services Ltd., Oceaneering International, Inc., Saab AB, 5. What is the study period of this market? Ans: The Global Underwater Robotics Market is studied from 2022 to 2029.
Underwater Robotics Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Underwater Robotics Market Size, by Market Value (US$ Bn) and Volume (US$ Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Underwater Robotics Market Industry Trends 5. Supply Side and Demand Side Indicators 6. Underwater Robotics Market Analysis and Forecast 6.1. Underwater Robotics Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Underwater Robotics Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Underwater Robotics Market Value Share Analysis, by Type 7.4. Underwater Robotics Market Size (US$ Bn) Forecast, by Type 7.5. Underwater Robotics Market Analysis, by Type 7.6. Underwater Robotics Market Attractiveness Analysis, by Type 8. Underwater Robotics Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Underwater Robotics Market Value Share Analysis, by Application 8.4. Underwater Robotics Market Size (US$ Bn) Forecast, by Application 8.5. Underwater Robotics Market Analysis, by Application 8.6. Underwater Robotics Market Attractiveness Analysis, by Application 9. Underwater Robotics Market Analysis, by Region 9.1. Underwater Robotics Market Value Share Analysis, by Region 9.2. Underwater Robotics Market Size (US$ Bn) Forecast, by Region 9.3. Underwater Robotics Market Attractiveness Analysis, by Region 10. North America Underwater Robotics Market Analysis 10.1. Key Findings 10.2. North America Underwater Robotics Market Overview 10.3. North America Underwater Robotics Market Value Share Analysis, by Type 10.4. North America Underwater Robotics Market Forecast, by Type 10.4.1. Remotely Operated Vehicle 10.4.2. Autonomous Underwater Vehicles 10.5. North America Underwater Robotics Market Value Share Analysis, by Application 10.6. North America Underwater Robotics Market Forecast, by Application 10.6.1. Defense & Security 10.6.2. Commercial Exploration 10.6.3. Scientific Research 10.6.4. Others 10.7. North America Underwater Robotics Market Value Share Analysis, by Country 10.8. North America Underwater Robotics Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Underwater Robotics Market Analysis, by Country 10.10. U.S. Underwater Robotics Market Forecast, by Type 10.10.1. Remotely Operated Vehicle 10.10.2. Autonomous Underwater Vehicles 10.11. U.S. Underwater Robotics Market Forecast, by Application 10.11.1. Defense & Security 10.11.2. Commercial Exploration 10.11.3. Scientific Research 10.11.4. Others 10.12. Canada Underwater Robotics Market Forecast, by Type 10.12.1. Remotely Operated Vehicle 10.12.2. Autonomous Underwater Vehicles 10.13. Canada Underwater Robotics Market Forecast, by Application 10.13.1. Defense & Security 10.13.2. Commercial Exploration 10.13.3. Scientific Research 10.13.4. Others 10.14. North America Underwater Robotics Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Underwater Robotics Market Analysis 11.1. Key Findings 11.2. Europe Underwater Robotics Market Overview 11.3. Europe Underwater Robotics Market Value Share Analysis, by Type 11.4. Europe Underwater Robotics Market Forecast, by Type 11.4.1. Remotely Operated Vehicle 11.4.2. Autonomous Underwater Vehicles 11.5. Europe Underwater Robotics Market Value Share Analysis, by Application 11.6. Europe Underwater Robotics Market Forecast, by Application 11.6.1. Defense & Security 11.6.2. Commercial Exploration 11.6.3. Scientific Research 11.6.4. Others 11.7. Europe Underwater Robotics Market Value Share Analysis, by Country 11.8. Europe Underwater Robotics Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Underwater Robotics Market Analysis, by Country 11.10. Germany Underwater Robotics Market Forecast, by Type 11.10.1. Remotely Operated Vehicle 11.10.2. Autonomous Underwater Vehicles 11.11. Germany Underwater Robotics Market Forecast, by Application 11.11.1. Defense & Security 11.11.2. Commercial Exploration 11.11.3. Scientific Research 11.11.4. Others 11.12. U.K. Underwater Robotics Market Forecast, by Type 11.12.1. Remotely Operated Vehicle 11.12.2. Autonomous Underwater Vehicles 11.13. U.K. Underwater Robotics Market Forecast, by Application 11.13.1. Defense & Security 11.13.2. Commercial Exploration 11.13.3. Scientific Research 11.13.4. Others 11.14. France Underwater Robotics Market Forecast, by Type 11.14.1. Remotely Operated Vehicle 11.14.2. Autonomous Underwater Vehicles 11.15. France Underwater Robotics Market Forecast, by Application 11.15.1. Defense & Security 11.15.2. Commercial Exploration 11.15.3. Scientific Research 11.15.4. Others 11.16. Italy Underwater Robotics Market Forecast, by Type 11.16.1. Remotely Operated Vehicle 11.16.2. Autonomous Underwater Vehicles 11.17. Italy Underwater Robotics Market Forecast, by Application 11.17.1. Defense & Security 11.17.2. Commercial Exploration 11.17.3. Scientific Research 11.17.4. Others 11.18. Spain Underwater Robotics Market Forecast, by Type 11.18.1. Remotely Operated Vehicle 11.18.2. Autonomous Underwater Vehicles 11.19. Spain Underwater Robotics Market Forecast, by Application 11.19.1. Defense & Security 11.19.2. Commercial Exploration 11.19.3. Scientific Research 11.19.4. Others 11.20. Rest of Europe Underwater Robotics Market Forecast, by Type 11.20.1. Remotely Operated Vehicle 11.20.2. Autonomous Underwater Vehicles 11.21. Rest Of Europe Underwater Robotics Market Forecast, by Application 11.21.1. Defense & Security 11.21.2. Commercial Exploration 11.21.3. Scientific Research 11.21.4. Others 11.22. Europe Underwater Robotics Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Underwater Robotics Market Analysis 12.1. Key Findings 12.2. Asia Pacific Underwater Robotics Market Overview 12.3. Asia Pacific Underwater Robotics Market Value Share Analysis, by Type 12.4. Asia Pacific Underwater Robotics Market Forecast, by Type 12.4.1. Remotely Operated Vehicle 12.4.2. Autonomous Underwater Vehicles 12.5. Asia Pacific Underwater Robotics Market Value Share Analysis, by Application 12.6. Asia Pacific Underwater Robotics Market Forecast, by Application 12.6.1. Defense & Security 12.6.2. Commercial Exploration 12.6.3. Scientific Research 12.6.4. Others 12.7. Asia Pacific Underwater Robotics Market Value Share Analysis, by Country 12.8. Asia Pacific Underwater Robotics Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Underwater Robotics Market Analysis, by Country 12.10. China Underwater Robotics Market Forecast, by Type 12.10.1. Remotely Operated Vehicle 12.10.2. Autonomous Underwater Vehicles 12.11. China Underwater Robotics Market Forecast, by Application 12.11.1. Defense & Security 12.11.2. Commercial Exploration 12.11.3. Scientific Research 12.11.4. Others 12.12. India Underwater Robotics Market Forecast, by Type 12.12.1. Remotely Operated Vehicle 12.12.2. Autonomous Underwater Vehicles 12.13. India Underwater Robotics Market Forecast, by Application 12.13.1. Defense & Security 12.13.2. Commercial Exploration 12.13.3. Scientific Research 12.13.4. Others 12.14. Japan Underwater Robotics Market Forecast, by Type 12.14.1. Remotely Operated Vehicle 12.14.2. Autonomous Underwater Vehicles 12.15. Japan Underwater Robotics Market Forecast, by Application 12.15.1. Defense & Security 12.15.2. Commercial Exploration 12.15.3. Scientific Research 12.15.4. Others 12.16. ASEAN Underwater Robotics Market Forecast, by Type 12.16.1. Remotely Operated Vehicle 12.16.2. Autonomous Underwater Vehicles 12.17. ASEAN Underwater Robotics Market Forecast, by Application 12.17.1. Defense & Security 12.17.2. Commercial Exploration 12.17.3. Scientific Research 12.17.4. Others 12.18. Rest of Asia Pacific Underwater Robotics Market Forecast, by Type 12.18.1. Remotely Operated Vehicle 12.18.2. Autonomous Underwater Vehicles 12.19. Rest of Asia Pacific Underwater Robotics Market Forecast, by Application 12.19.1. Defense & Security 12.19.2. Commercial Exploration 12.19.3. Scientific Research 12.19.4. Others 12.20. Asia Pacific Underwater Robotics Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Underwater Robotics Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Underwater Robotics Market Overview 13.3. Middle East & Africa Underwater Robotics Market Value Share Analysis, by Type 13.4. Middle East & Africa Underwater Robotics Market Forecast, by Type 13.4.1. Remotely Operated Vehicle 13.4.2. Autonomous Underwater Vehicles 13.5. Middle East & Africa Underwater Robotics Market Value Share Analysis, by Application 13.6. Middle East & Africa Underwater Robotics Market Forecast, by Application 13.6.1. Defense & Security 13.6.2. Commercial Exploration 13.6.3. Scientific Research 13.6.4. Others 13.7. Middle East & Africa Underwater Robotics Market Value Share Analysis, by Country 13.8. Middle East & Africa Underwater Robotics Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Underwater Robotics Market Analysis, by Country 13.10. GCC Underwater Robotics Market Forecast, by Type 13.10.1. Remotely Operated Vehicle 13.10.2. Autonomous Underwater Vehicles 13.11. GCC Underwater Robotics Market Forecast, by Application 13.11.1. Defense & Security 13.11.2. Commercial Exploration 13.11.3. Scientific Research 13.11.4. Others 13.12. South Africa Underwater Robotics Market Forecast, by Type 13.12.1. Remotely Operated Vehicle 13.12.2. Autonomous Underwater Vehicles 13.13. South Africa Underwater Robotics Market Forecast, by Application 13.13.1. Defense & Security 13.13.2. Commercial Exploration 13.13.3. Scientific Research 13.13.4. Others 13.14. Rest of Middle East & Africa Underwater Robotics Market Forecast, by Type 13.14.1. Remotely Operated Vehicle 13.14.2. Autonomous Underwater Vehicles 13.15. Rest of Middle East & Africa Underwater Robotics Market Forecast, by Application 13.15.1. Defense & Security 13.15.2. Commercial Exploration 13.15.3. Scientific Research 13.15.4. Others 13.16. Middle East & Africa Underwater Robotics Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Underwater Robotics Market Analysis 14.1. Key Findings 14.2. South America Underwater Robotics Market Overview 14.3. South America Underwater Robotics Market Value Share Analysis, by Type 14.4. South America Underwater Robotics Market Forecast, by Type 14.4.1. Remotely Operated Vehicle 14.4.2. Autonomous Underwater Vehicles 14.5. South America Underwater Robotics Market Value Share Analysis, by Application 14.6. South America Underwater Robotics Market Forecast, by Application 14.6.1. Defense & Security 14.6.2. Commercial Exploration 14.6.3. Scientific Research 14.6.4. Others 14.7. South America Underwater Robotics Market Value Share Analysis, by Country 14.8. South America Underwater Robotics Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Underwater Robotics Market Analysis, by Country 14.10. Brazil Underwater Robotics Market Forecast, by Type 14.10.1. Remotely Operated Vehicle 14.10.2. Autonomous Underwater Vehicles 14.11. Brazil Underwater Robotics Market Forecast, by Application 14.11.1. Defense & Security 14.11.2. Commercial Exploration 14.11.3. Scientific Research 14.11.4. Others 14.12. Mexico Underwater Robotics Market Forecast, by Type 14.12.1. Remotely Operated Vehicle 14.12.2. Autonomous Underwater Vehicles 14.13. Mexico Underwater Robotics Market Forecast, by Application 14.13.1. Defense & Security 14.13.2. Commercial Exploration 14.13.3. Scientific Research 14.13.4. Others 14.14. Rest of South America Underwater Robotics Market Forecast, by Type 14.14.1. Remotely Operated Vehicle 14.14.2. Autonomous Underwater Vehicles 14.15. Rest of South America Underwater Robotics Market Forecast, by Application 14.15.1. Defense & Security 14.15.2. Commercial Exploration 14.15.3. Scientific Research 14.15.4. Others 14.16. South America Underwater Robotics Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. ECA GROUP. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. ATLAS MARIDAN Aps 15.3.3. Deep Ocean Engineering, Inc. 15.3.4. Bluefin Robotics Corporation 15.3.5. International Submarine Engineering 15.3.6. Inuktun Services Ltd. 15.3.7. Oceaneering International, Inc. 15.3.8. Saab AB 15.3.9. Schilling Robotics, LLC 15.3.10. Soil Machine Dynamics Ltd. 15.3.11. TECHNIPFMC PLC 15.3.12. GENERAL DYNAMICS MISSION SYSTEMS, INC. 15.3.13. INUKTUN SERVICES LTD. 15.3.14. MACARTNEY GROUP. 15.3.15. DEEP OCEAN ENGINEERING, INC. 15.3.16. VIDEORAY LLC. 15.3.17. FORUM ENERGY TECHNOLOGIES 15.3.18. Phoenix International 15.3.19. Hydrovision 15.3.20. Eddyfi 15.3.21. TechnipFMC plc 15.3.22. Macartney Group 15.3.23. ACSA 15.3.24. Shenzhen Vic am Mechatronics Co. Ltd. 15.3.25. Weihai Future Robot Co. Ltd. 15.3.26. Chap pie Robot. 15.3.27. FMC Technologies Schilling Robotics 15.3.28. Floatation Technologies LLC 16. Primary Key Insights