Underwater Robotics Market Quality, Reliability, User Demands, and Growth Rate 2025 “The global underwater robotics market size is anticipated to reach USD 6.74 billion until 2025. It is anticipated to register growth with 13.5% CAGR during the forecasted period, 2018 to 2025. This growth can be associated with its surging usage for carrying out underwater activities like intelligence, surveillance, and investigation.”
The Global Underwater Robotics Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the Underwater Robotics Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. Underwater Robotics Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of Underwater Robotics Market based on current & future analysis depending on historic data also featured in this Report. The global underwater robotics market size is anticipated to reach USD 6.74 billion until 2025. It is anticipated to register growth with 13.5% CAGR during the forecasted period, 2018 to 2025. This growth can be associated with its surging usage for carrying out underwater activities like intelligence, surveillance, and investigation. In 2017, The ROV segment held a share of 86.0% across the global market due to the surging offshore deep sea drilling and oil industry across the globe. The AUV segment is projected to witness highest growth in the upcoming years on account of rising adoption and demand across the defense sector for carrying out activities like anti-warfare applications and surveillance.
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The segment of commercial exploration dominated the global market. It is also expected to continue its dominance on account of surging need for carrying out offshore gas, oil, and undersea mineral exploration activities. Also, activities like extraction and mining are antipcted to positively impact the market growth in the upcoming years. Europe dominated the global market with revenue of USD 855.6 million due to rising offshore gas and oil exploration activities across majority of European countries. But, Asia Pacific is expected to witness highest growth on account of surging usage for oil exploration and defense activities across countries like China, Japan and India. The underwater robotics market includes key players such as Oceaneering International, Schilling Robotics LLC, International Submarine Engineering, and Bluefin Robotics Corp. These players are adopting several marketing strategies like collaborations, mergers, acquisitions, partnerships to widen their product portfolio, and reach. Also, rising presence of small players is creating strong competition among the players.
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Further key findings from the report suggest: • In 2017, the ROV segment held a share of 86.0% across the global market. • The segment commercial exploration dominated the global market in 2017 and is expected to continue its dominance over the forecasted period. • Europe dominated the global market in 2017 and generated a revenue of USD 855.6 Million. • The key players in this market are Oceaneering International, Schilling Robotics LLC, International Submarine Engineering, and Bluefin Robotics Corp.
Million Insights has segmented the global underwater robotics market on the basis of type, application, and region: Underwater Robotics Type Outlook (Revenue, USD Million, 2014 - 2025) • Remotely Operated Vehicle (ROV) • Autonomous Underwater Vehicles (AUV) Underwater Robotics Application Outlook (Revenue, USD Million, 2014 - 2025) • Defense & Security • Commercial Exploration • Scientific Research • Others
Underwater Robotics Regional Outlook (Revenue, USD Million, 2014 - 2025) • North America • U.S. • Canada • Europe • U.K. • Germany • Russia • France • Asia Pacific • China • India • Japan • Australia • Latin America • Brazil • Mexico • MEA
Table of Contents:Chapter 1 Methodology and Scope Chapter 2 Executive Summary Chapter 3 Underwater Robotics: Market Variables, Trends & Scope Chapter 4 Underwater Robotics: Product Estimates & Trend Analysis Chapter 5 Underwater Robotics: Application Estimates & Trend Analysis Chapter 6 Underwater Robotics: End-use Estimates & Trend Analysis Chapter 7 Underwater Robotics: Industrial End-use Estimates & Trend Analysis Chapter 8 Underwater Robotics: Regional Estimates & Trend Analysis Chapter 9 Competitive Landscape Chapter 10 Underwater Robotics: Manufacturers Company Profiles
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