Autonomous Underwater Vehicles (AUV) Market to hit $ 1523.29 Million by 202

The Global demand for Autonomous Underwater Vehicles (AUV) market, in terms of revenue, was worth of USD 412.93 Million in 2019 and is expected to reach USD 1523.29 Million by 2025, growing at a digital transaction management CAGR of 20.5 % from 2019 to 2025.

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Autonomous underwater vehicle is commonly known as unmanned underwater vehicle. Underwater vehicles have applications in mines clearing operation, feature tracking, cable or pipeline tracking and deep ocean exploration. The mechanical and electrical configuration and shape of an underwater vehicle are different according to different applications. An autonomous underwater vehicle may be a self-propelled, untethered underwater vehicle capable of completing simple activities with little or no human operators. AUVs are often used as survey platforms to monitor the seafloor or characterize physical, chemical or biological properties of the water. For instance, manipulators are necessary when doing mines clearing operation or other tasks which require affecting environment. Autonomous Underwater Vehicles (AUV) became a common tool for all communities involved in ocean sampling and now a required asset for gathering detailed ocean data at very reasonable costs.

Global Autonomous Underwater Vehicles (AUV) market has turn out to be an important topic during COVID-19 pandemic outbreak. Autonomous Underwater Vehicles (AUV) market gaining huge attention due to pandemic outbreak.

Key Companies Covered by Brandessence Market Research in the Autonomous Underwater Vehicles (AUV) market: Kongsberg Maritime AS, Teledyne Gavia ehf, Saab AB, Dynamics Corp., Atlas Elektronik GMBH, L3 OceanServer, Hydromea SA, ECA Robotics SAS, International Submarine Engineering Ltd. Fugro N.V.

Autonomous Underwater Vehicles (AUV) market report is segmented on the basis of type, shape, technology, application and by regional & country level. Based upon type, Autonomous Underwater Vehicles (AUV) market is classified into shallow AUVs, medium AUVs and large AUVs. Based upon shape, Autonomous Underwater Vehicles (AUV) market is classified into streamlined rectangular style, multihull vehicle, torpedo and laminar flow body. Based upon technology, Autonomous Underwater Vehicles (AUV) market is classified into navigation, propulsion, collision avoidance, communication and imaging. Based upon application, Autonomous Underwater Vehicles (AUV) market is classified into oil & gas, oceanography, archeological, and exploration search and salvage operations, military & defense, environmental protection and monitoring and others.

By Type:

  • Shallow AUVs

  • Medium AUVs

  • Large AUVs

By Shape:

  • Streamlined Rectangular Style

  • Multihull Vehicle

  • Torpedo

  • Laminar Flow Body

By Technology:

  • Navigation

  • Propulsion

  • Collision Avoidance

  • Communication

  • Imaging

By Application:

  • Oil & Gas

  • Oceanography

  • Archeological Operation

  • Exploration Search and Salvage Operations,

  • Military & Defense

  • Environmental Protection and Monitoring

  • Others

MSubs Gots Contract for XL Autonomous Submarine Development

News: March 13, 2020, MSubs announced the contract for XL Autonomous Submarine Development at the Underwater Defence & Security Symposium in Southampton. It used to explore the potential capabilities of larger uncrewed underwater vehicles in the future. This autonomous submarine is significantly larger than autonomous submarines, Measuring about 30 feet in length which used for beach reconnaissance allowing it to operate at a range of 3000 nautical miles.

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