Autonomous Underwater Vehicle Market by Type (Small, Medium, Large), by Application (Scientific Research, Defense, Oil & Gas Industry), by Propulsion System (Electric System, Mechanical System, Hybrid System), by Payload (Camera, Sensors, Inertial Navigation System, Others), Forecast 2024-2032
The Autonomous Underwater Vehicle Marketsize was valued at USD 1.33 USD Billion in 2023 and is projected to reach USD 1.96 USD Billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period. An AUV stands for an Autonomous Underwater Vehicle which refers to an underwater vehicle that is programmable and can navigate on its own for purposes of data acquisition. In contrast to other remotely operated vehicles, AUVs are capable of working without constant telecommunication with people and the control of operators; the actions of an AUV are based on the pre-set missions whereas the necessary navigation and data acquisition are carried out by the structure’s built-in sensors. AU VMs can be classified into many classes such as the profiling AUVs which are used for measuring water characteristics, the survey AUVs which are used for ‘ Charting seafloor structures, and gliders which are suited for long-term oceanography. Characteristics of AUVs include; high-end navigation systems, environmental monitoring devices, and means of communication. These vehicle’s use includes scientific research in the ocean, pollution analysis, underwater anthropology, and military use. AUVS plays an important role in examining deep-sea areas and marine life, as well as in military spying as they deliver important data in complex subaqueous situations.
Type:
Application:
Propulsion System:
Payload:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.7% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.7% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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