Autonomous Underwater Vehicles (AUV) Market - Analysis & Forecast to 2020 - New Study Released

From: Fast Market Research, Inc.
Published: Wed Sep 09 2015


Autonomous Underwater Vehicles (AUV) Market by Type (Shallow, Medium, Large), Application (Commercial, Scientific Research, Defense) & Geography (North America, Europe, APAC, RoW) - Analysis & Forecast to 2020

Autonomous Underwater Vehicles (AUV), also known as unmanned underwater vehicles are used to perform underwater survey missions such as detecting and mapping submerged wrecks, rocks, and obstructions that pose a hazard to navigation for commercial and recreational vessels. The application of autonomous underwater vehicles technology has evolved in the commercial sector where the number of AUVs being used for offshore surveys and other tasks is increasing at a rapid pace. The global autonomous underwater vehicles market is led by North America accounting for a share of 63% in 2014. The autonomous underwater vehicles market based on application is mainly led by defense and commercial sectors. As the autonomous underwater vehicles technology continues to improve; it is expected to find new applications across sectors and in different geographic regions where autonomous underwater robots are rarely used at present.

Full Report Details at
- http://www.fastmr.com/prod/1038921_autonomous_underwater.aspx?afid=301

Three types of autonomous underwater vehicles have been covered in this report - shallow, medium, and large. This report covers the said market in four main regions- North America, Europe, Asia-Pacific, and Rest of the World (RoW).

Major drivers identified for the autonomous underwater vehicles market are the rising importance of AUVs in defense, maritime security, and research, growing energy needs, and rising investments into offshore oil & gas drilling. However, stringent government regulation, high initial cost, and investment in research and development are key factors that are restraining the growth of the AUV market.

The report also discusses the future road-map of the global autonomous underwater vehicles market with respect to upcoming technologies, potential markets, and applications of the same. The key players in this industry include Kongsberg Maritime (Norway), Teledyne Technologies (U.S.), Bluefin Robotics Corporation (U.S.), Saab AB (Sweden), ECA SA (France), Ocean Server Technology, Inc. (U.S.) and others.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Autopilot System Market - Forecasts & Analysis (2014-2020)
- Automotive Oil & Fuel Filter Market - Global Forecast to 2020
- Automotive Exhaust Systems Market - Trends & Forecast to 2020
- Survey Equipment Market - Global Forecast & Analysis to 2014 - 2020
- Automotive Transmission Market - Global Trends and Forecast to 2020

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »