DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Autonomous Underwater Vehicles Market by Type, Technology and by Application - Global Forecast to 2022" report to their offering.
The AUV market is expected to grow from USD 211.8 million in 2016 to USD 497.9 million by 2022, at a CAGR of 15.31% during the forecast period.
The high demand for autonomous underwater vehicle worldwide by the countries for monitoring their sea borders and by the oil & gas industries is a key factor responsible for the growth of the AUV market. However, stringent government regulations on using AUVs in the countries such as United States is a key factor that is restraining the growth of the autonomous underwater vehicles market.
The North American market is expected to hold the largest share in 2016, where the AUVs and its related products such as launch and recovery surface platforms are gaining momentum from various applications such as military & defense, oil & gas, environment protection and monitoring, oceanography, archeology and exploration, and search and salvage operation.
The market in the APAC region is expected to grow at the highest rate. In the APAC region, especially in India, the plans to boost manufacturing under the project "Make in India" is one of the key driving factors for the AUV market in APAC.
- Atlas Elekronik Group GmbH
- Bluefin Robotics Corporation
- Boston Engineering Corporation
- ECA Group
- Fugro N.V.
- International Submarine Engineering (ISE) Ltd.
- Kongsberg Maritime as
- Oceanserver Technology, Inc.
- SAAB Group
Teledyne Gavia EHF.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Autonomous Underwater Vehicles Market, By Application
8 Autonomous Underwater Vehicles Market, By Type
9 Autonomous Underwater Vehicles Market, By Technology
10 Autonomous Underwater Vehicles Market, By Geography
11 Shapes of AUVs
12 Competitive Landscape
13 Company Profiles
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For more information about this report visit http://www.researchandmarkets.com/research/qdbk8t/autonomous