Reports

Sale

Underwater Drone Market

Global Underwater Drone Market Size, Share, Demand, Growth: By Type: Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicles (AUV), Hybrid Vehicles; By Product Type: Micro, Small and Medium, Others; By Propulsion System; By Application; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Underwater Drone Market Outlook

The global underwater drone market attained a value of more than USD 4.21 billion in 2023. The market is expected to grow at a CAGR of 12% in the forecast period of 2024-2032 to account for a value of over USD 11.70 billion by 2032.

 

Underwater Drones Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Increasing Applications of the Autonomous Underwater Vehicles (AUV) in Oceanographic Studies to Bolster the Market Growth

Based on type, the autonomous underwater vehicles (AUV) is significantly contributing to the growth of the market. AUVs are a crucial component in oceanographic studies as they are used for data collection, exploration, and can create 3D reconstructions or maps. Over the forecast period,  AUVs are likely to witness a significant demand from the oil and gas industry, owing to the ability of the product to inspect and repair submerged infrastructures, which, in turn, is anticipated to propel the market growth. In addition to this, the rising applications of AUVs in search, recognition, and localisation tasks is further predicted to have a positive impact on the growth of the market.

Apart from this,  remotely operated vehicle (ROV) is likely to witness significant growth in the forecast period, owing to its rising applications in offshore industries, including the maintenance of marine structures, marine sciences, naval defence, marine renewable energy, and scientific purposes.

 

North America is Projected to Account for a Significant Share in the Market Growth of Underwater Drones

In the coming years, North America is likely to occupy a substantial share in the overall market growth of underwater drones. This can be associated with the  growing demand for underwater drones for  ocean exploration in the region.  In addition to this, the rising investments and advancements towards expanding the capabilities of AUVs and ROVs, for better exploration, more extended operations, and precise data collection is likely to provide impetus to the market growth in the forecast period. The market is further anticipated to be aided by the rising demand for REMUS AUVs in the United States for the purpose of detecting mines, surveying, and mapping the areas.

 

Underwater Drone: Market Segmentation

An underwater drone is defined as an unmanned miniature submarine, which is controlled by computers and sensors. The underwater drones are usually equipped with cameras and manipulator arms and are used for carrying out ocean exploration.

 

Underwater Drones Market by Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on type, the market is divided into:

  • Remotely Operated Vehicle (ROV)
  • Autonomous Underwater Vehicles (AUV)
  • Hybrid Vehicles

On the basis of product type, the market  is segmented into:

  • Micro
  • Small and Medium
  • Light Work-Class
  • Heavy Work-Class

By propulsion system, the product can be classified into:

  • Electric System
  • Mechanical System
  • Hybrid System

The significant applications of  underwater drones include:

  • Defence and Security
  • Scientific Research
  • Commercial Exploration
  • Others

The EMR report looks into the regional markets for the underwater drones like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Underwater Drones Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Application of the Product in Defence and Security to Boost the Growth of the Market

The global underwater drone industry is driven by the rising demand for the product in the defence and security applications. Underwater drones are crucial machinery that can be helpful at the time of ocean warfare. It can detect an ocean mine effectively within 24 hours, thereby boosting national security, and adding to the market growth. Over the forecast period, the growing adoption of underwater drones by the naval forces of major developed or developing economies of the world to enhance the country’s naval capabilities, is likely to have a substantial impact on the market growth. The market is expected to be further catalysed by the rising maritime budgets of the emerging economies, owing to the growing risk of international conflicts. These factors are thus collectively invigorating the growth of the market.

 

Key Industry Players in the Global Underwater Drone Market

The report gives a detailed analysis of the following key players in the global underwater drone market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ECA Group
  • Saab Seaeye Ltd.
  • Atlas Elektronik GmbH
  • Deep Trekker Inc.
  • Kongsberg Gruppen ASA
  • Oceaneering International, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product Type
  • Propulsion System
  • Application
  • Region
Breakup by Type
  • Remotely Operated Vehicle (ROV)
  • Autonomous Underwater Vehicles (AUV)
  • Hybrid Vehicles
Breakup by Product Type
  • Micro
  • Small and Medium
  • Light Work-Class
  • Heavy Work-Class
Breakup by Propulsion System
  • Electric System
  • Mechanical System
  • Hybrid System
Breakup by Application
  • Defence and Security
  • Scientific Research
  • Commercial Exploration
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ECA Group
  • Saab Seaeye Ltd.
  • Atlas Elektronik GmbH
  • Deep Trekker Inc.
  • Kongsberg Gruppen ASA
  • Oceaneering International, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Underwater Drone Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Underwater Drone Historical Market (2018-2023) 
    8.3    Global Underwater Drone Market Forecast (2024-2032)
    8.4    Global Underwater Drone Market by Type
        8.4.1    Remotely Operated Vehicle (ROV)
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Autonomous Underwater Vehicles (AUV)
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Hybrid Vehicles
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Underwater Drone Market by Product Type
        8.5.1    Micro
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Small and Medium
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Light Work-Class
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Heavy Work-Class
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Underwater Drone Market by Propulsion System
        8.6.1    Electric System
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Mechanical System
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Hybrid System
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
    8.7    Global Underwater Drone Market by Application
        8.7.1    Defence and Security
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Scientific Research
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Commercial Exploration
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Others
    8.8    Global Underwater Drone Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032) 
9    North America Underwater Drone Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Underwater Drone Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Underwater Drone Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Underwater Drone Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Underwater Drone Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    ECA Group
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Saab Seaeye Ltd.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Atlas Elektronik GmbH
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Deep Trekker Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Kongsberg Gruppen ASA
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Oceaneering International, Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Underwater Drone Market: Key Industry Highlights, 2018 and 2032
2.    Global Underwater Drone Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Underwater Drone Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Underwater Drone Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5.    Global Underwater Drone Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6.    Global Underwater Drone Historical Market: Breakup by Propulsion System (USD Billion), 2018-2023
7.    Global Underwater Drone Market Forecast: Breakup by Propulsion System (USD Billion), 2024-2032
8.    Global Underwater Drone Historical Market: Breakup by Application (USD Billion), 2018-2023
9.    Global Underwater Drone Market Forecast: Breakup by Application (USD Billion), 2024-2032
10.    Global Underwater Drone Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Underwater Drone Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Underwater Drone Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Underwater Drone Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Underwater Drone Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Underwater Drone Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Underwater Drone Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Underwater Drone Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Underwater Drone Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Underwater Drone Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Underwater Drone Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Underwater Drone Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Underwater Drone Market Structure

Key Questions Answered in the Report

In 2023, the global underwater drone market attained a value of more than USD 4.21 billion.

The market is estimated to witness a healthy growth at a CAGR of 12% in the forecast period of 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach over USD 11.70 billion by 2032.

The market is driven by the increasing applications of the autonomous underwater vehicles (AUV) in oceanographic studies, and the rising application of the product in defence and security.

The market is expected to be defined by the research and development (R&D) activities in the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different types of underwater drones are remotely operated vehicle (ROV), autonomous underwater vehicles (AUV), and hybrid vehicles.

The major product types of underwater drones are micro, small and medium, light work-class, and heavy work-class.

The major propulsion systems of underwater drones include electric system, mechanical system, and hybrid system.

The significant applications of underwater drones are defence and security, scientific research, and commercial exploration, among others.

The major players in the industry are ECA Group, Saab Seaeye Ltd., Atlas Elektronik GmbH, Deep Trekker Inc., Kongsberg Gruppen ASA, and Oceaneering International, Inc., among others.

Analyst Review

The global underwater drone market attained a value of more than USD 4.21 billion in 2023, driven by the rising application of underwater drones in defence and security. Aided by the technological advancements in the underwater drone technology, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 12%. The market is projected to reach over USD 11.70 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of type, the market is segmented into remotely operated vehicle (ROV), autonomous underwater vehicles (AUV), and hybrid vehicles. Based on product type, the market is segmented into micro, small and medium, light work-class, and heavy work-class. The different propulsion systems of the product include electric system, mechanical system, and hybrid system. The market, on the basis of application, can be classified into defence and security, scientific research, and commercial exploration, among others. The major regional markets for underwater drone are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ECA Group, Saab Seaeye Ltd., Atlas Elektronik GmbH, Deep Trekker Inc., Kongsberg Gruppen ASA, and Oceaneering International, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER