Emerging Opportunities in Offshore AUV Market with Current Trends Analysis

Autonomous Operated Vehicles (AUV) is the unmanned underwater vehicles which are operated without direct human intervention. They are being designed to perform underwater survey missions required in commercial, scientific research, and defense sectors. They are capable of carrying out an entire mission independently and return to the pre-programmed location where the data is collected and analyzed. Autonomous underwater vehicles are used in key application areas in commercial, scientific research, and defense.
Among all applications, the autonomous underwater vehicle market for archeological and exploration applications is expected to grow at the highest rate between 2017 and 2023. AUVs are widely used as an important tool for underwater exploration activities to extract minerals such as cobalt, zinc, and magnesium; these minerals are used in the fabrication of smartphones, laptops, and hybrid cars, among others. However, military & defense applications are expected to hold the largest share of the autonomous underwater vehicle market in 2017.
The market for large AUVs is expected to grow at a high rate between 2017 and 2023. Large AUVs can operate at a depth of more than 1,000 meters and are widely used for hydrographic exploration, deep ocean search, and deep water surveys. The AUVs intended for exploration activities in deep waters are specifically used for deep water mapping and surveying applications, including pipe surveys for the oil & gas sector. There is a growing demand for new energy sources worldwide, which can be met with the help of large AUVs as this type of AUVs can reach great depths underwater.
North America held the largest share of the autonomous underwater vehicle market in 2016. The increasing adoption of AUVs for military & defense applications in the US is driving the growth of the AUV market in North America. However, among all regions, the AUV market in APAC is expected to grow at the highest rate between 2017 and 2023. The rising need for energy, along with the high GDP growth rate, in developing countries in APAC, such as China and India, is creating huge opportunities for manufacturers of AUVs in this region.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Atlas Elektronik, ISE Ltd, JAMSTEC, ECA SA, SAAB Group, Falmouth Scientific, Kongsberg Maritime, OceanServer Technology, Teledyne Gavia, Bluefin Robotics, Tianjin sublue and Tianjin Ostar.
To calculate the market size, Research for Markets considers value and volume generated from the sales of the following segments:
Segmentation by product type:
·         Shallow AUV (depth up to 100 m)
·         Medium AUVs (depth up to 1000 m)
·         Large AUVs (depth more than 1000 m)
Segmentation by application:
·         Defense
·         Scientific Research
·         Commercial
This report also splits the market by region:
·         Americas
·         APAC
·         Europe
·         Middle East & Africa
Browse Complete Report with Full TOC at https://www.researchformarkets.com/reports/2018-2023-global-offshore-auv-consumption-market-184759
Research objectives:
·         To study and analyze the global Offshore AUV consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
·         To understand the structure of Offshore AUV market by identifying its various subsegments.
·         Focuses on the key global Offshore AUV manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
·         To analyze the Offshore AUV with respect to individual growth trends, future prospects, and their contribution to the total market.
·         To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
·         To project the consumption of Offshore AUV submarkets, with respect to key regions (along with their respective key countries).
·         To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
·         To strategically profile the key players and comprehensively analyze their growth strategies.
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Contact Info:
Name: Research For Markets
Email: alan.naidu@researchformarkets.com
Phone: +44 8000-4182-37

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