Moreover, Asia-Pacific was the second highest revenue contributor in the underwater drone market due to several countries increasing their military dominance in the region. China sends underwater drones across different places for spying purposes to better understand the military activities and developments of other countries. To counter the rise in interference of the Chinese army, countries such as India and Japan have started the development and procurement of underwater drones in the region. For instance, in September 2022, The Chinese Navy developed extra-large unmanned underwater vehicles (XLUUVs), seen as a key part of the country’s future naval fleet. It is around 16 meters (52 feet) long and appears to have two propellers. Its size is similar to the US Navy’s Orca XLUUV developed by Boeing.
The market is segmented into type, propulsion system, application, product type, and region. The type of segment is further divided into remotely operated vehicle (ROV), autonomous underwater vehicles (AUV), and hybrid vehicles. By propulsion system, the market is segmented into electric system, mechanical system, and hybrid system. By application, the market is segmented into defense & security, scientific research, commercial exploration, and others. By product type, the market is segmented into micro, small and medium, light work class, and heavy work class. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report includes a study of the underwater drone market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
Competitive analysis and profiles of the major underwater drone market players include The Boeing Company, Lockheed Martin Corporation, Bluefin Robotics, Saab Seaeye Ltd, Teledyne Marine Group, Kongsberg Maritime, Oceaneering International, Inc., TechnipFMC plc, ECA Group, and Deep Ocean Engineering, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the underwater drone market analysis from 2021 to 2031 to identify the prevailing underwater drone market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the underwater drone market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global underwater drone market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Product Type
- Micro
- Small and Medium
- Light Work-Class
- Heavy Work-Class
By Application
- Defense and Security
- Scientific Research
- Commercial Exploration
By Type
- Remotely Operated Vehicle (ROV)
- Autonomous Underwater Vehicle (AUV)
- Hybrid Vehicles
By Propulsion System
- Electric System
- Mechanical System
- Hybrid System
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Bluefin Robotics Corporation
- ECA Group
- kongsberg maritime
- Oceaneering International, Inc.
- Saab Seaeye Ltd
- TechnipFMC plc
- The Boeing Company
- Deep Ocean Engineering, Inc.
- Lockheed Martin Corporation
- teledyne marine
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Table of Contents
CHAPTER 1: INTRODUCTION1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1. Rise in demand for oceanographic research
3.4.1.2. Government support for strengthening undersea warfare capabilities
3.4.1.3. Rise in deep-water offshore oil & gas exploration
3.4.1.4. Rise in demand for underwater drones for defense and security applications
3.4.2.Restraints
3.4.2.1. High cost
3.4.2.2. Communication problems associated with AUVs
3.4.3.Opportunities
3.4.3.1. Rise in the adoption of underwater drones by the developing countries
3.4.3.2. Advent of energy-efficient underwater drones
3.4.3.3. Advancement of Underwater AI Systems for Autonomous Underwater Vehicles
3.5.COVID-19 Impact Analysis on the market
CHAPTER 4: UNDERWATER DRONE MARKET, BY APPLICATION
4.1 Overview
4.1.1 Market size and forecast
4.2. Defense and Security
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Scientific Research
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Commercial Exploration
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5. Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
CHAPTER 5: UNDERWATER DRONE MARKET, BY TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2. Remotely Operated Vehicle (ROV)
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Autonomous Underwater Vehicle (AUV)
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. Hybrid Vehicles
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
CHAPTER 6: UNDERWATER DRONE MARKET, BY PROPULSION SYSTEM
6.1 Overview
6.1.1 Market size and forecast
6.2. Electric System
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. Mechanical System
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Hybrid System
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
CHAPTER 7: UNDERWATER DRONE MARKET, BY PRODUCT TYPE
7.1 Overview
7.1.1 Market size and forecast
7.2. Micro
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3. Small and Medium
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4. Light Work-Class
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country
7.5. Heavy Work-Class
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market share analysis by country
CHAPTER 8: UNDERWATER DRONE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Application
8.2.3 North America Market size and forecast, by Type
8.2.4 North America Market size and forecast, by Propulsion System
8.2.5 North America Market size and forecast, by Product Type
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Application
8.2.6.1.3 Market size and forecast, by Type
8.2.6.1.4 Market size and forecast, by Propulsion System
8.2.6.1.5 Market size and forecast, by Product Type
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Application
8.2.6.2.3 Market size and forecast, by Type
8.2.6.2.4 Market size and forecast, by Propulsion System
8.2.6.2.5 Market size and forecast, by Product Type
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by Application
8.2.6.3.3 Market size and forecast, by Type
8.2.6.3.4 Market size and forecast, by Propulsion System
8.2.6.3.5 Market size and forecast, by Product Type
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Application
8.3.3 Europe Market size and forecast, by Type
8.3.4 Europe Market size and forecast, by Propulsion System
8.3.5 Europe Market size and forecast, by Product Type
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Application
8.3.6.1.3 Market size and forecast, by Type
8.3.6.1.4 Market size and forecast, by Propulsion System
8.3.6.1.5 Market size and forecast, by Product Type
8.3.6.2 Germany
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Application
8.3.6.2.3 Market size and forecast, by Type
8.3.6.2.4 Market size and forecast, by Propulsion System
8.3.6.2.5 Market size and forecast, by Product Type
8.3.6.3 France
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Application
8.3.6.3.3 Market size and forecast, by Type
8.3.6.3.4 Market size and forecast, by Propulsion System
8.3.6.3.5 Market size and forecast, by Product Type
8.3.6.4 Russia
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Application
8.3.6.4.3 Market size and forecast, by Type
8.3.6.4.4 Market size and forecast, by Propulsion System
8.3.6.4.5 Market size and forecast, by Product Type
8.3.6.5 Rest of Europe
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Application
8.3.6.5.3 Market size and forecast, by Type
8.3.6.5.4 Market size and forecast, by Propulsion System
8.3.6.5.5 Market size and forecast, by Product Type
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Application
8.4.3 Asia-Pacific Market size and forecast, by Type
8.4.4 Asia-Pacific Market size and forecast, by Propulsion System
8.4.5 Asia-Pacific Market size and forecast, by Product Type
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Application
8.4.6.1.3 Market size and forecast, by Type
8.4.6.1.4 Market size and forecast, by Propulsion System
8.4.6.1.5 Market size and forecast, by Product Type
8.4.6.2 India
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Application
8.4.6.2.3 Market size and forecast, by Type
8.4.6.2.4 Market size and forecast, by Propulsion System
8.4.6.2.5 Market size and forecast, by Product Type
8.4.6.3 Japan
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Application
8.4.6.3.3 Market size and forecast, by Type
8.4.6.3.4 Market size and forecast, by Propulsion System
8.4.6.3.5 Market size and forecast, by Product Type
8.4.6.4 South Korea
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Application
8.4.6.4.3 Market size and forecast, by Type
8.4.6.4.4 Market size and forecast, by Propulsion System
8.4.6.4.5 Market size and forecast, by Product Type
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Application
8.4.6.5.3 Market size and forecast, by Type
8.4.6.5.4 Market size and forecast, by Propulsion System
8.4.6.5.5 Market size and forecast, by Product Type
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Application
8.5.3 LAMEA Market size and forecast, by Type
8.5.4 LAMEA Market size and forecast, by Propulsion System
8.5.5 LAMEA Market size and forecast, by Product Type
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Application
8.5.6.1.3 Market size and forecast, by Type
8.5.6.1.4 Market size and forecast, by Propulsion System
8.5.6.1.5 Market size and forecast, by Product Type
8.5.6.2 Middle East
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Application
8.5.6.2.3 Market size and forecast, by Type
8.5.6.2.4 Market size and forecast, by Propulsion System
8.5.6.2.5 Market size and forecast, by Product Type
8.5.6.3 Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Application
8.5.6.3.3 Market size and forecast, by Type
8.5.6.3.4 Market size and forecast, by Propulsion System
8.5.6.3.5 Market size and forecast, by Product Type
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021
CHAPTER 10: COMPANY PROFILES
10.1 Bluefin Robotics Corporation
10.1.1 Company overview
10.1.2 Key Executives
10.1.3 Company snapshot
10.1.4 Operating business segments
10.1.5 Product portfolio
10.1.6 Business performance
10.1.7 Key strategic moves and developments
10.2 ECA Group
10.2.1 Company overview
10.2.2 Key Executives
10.2.3 Company snapshot
10.2.4 Operating business segments
10.2.5 Product portfolio
10.2.6 Business performance
10.2.7 Key strategic moves and developments
10.3 kongsberg maritime
10.3.1 Company overview
10.3.2 Key Executives
10.3.3 Company snapshot
10.3.4 Operating business segments
10.3.5 Product portfolio
10.3.6 Business performance
10.3.7 Key strategic moves and developments
10.4 Oceaneering International, Inc.
10.4.1 Company overview
10.4.2 Key Executives
10.4.3 Company snapshot
10.4.4 Operating business segments
10.4.5 Product portfolio
10.4.6 Business performance
10.4.7 Key strategic moves and developments
10.5 Saab Seaeye Ltd
10.5.1 Company overview
10.5.2 Key Executives
10.5.3 Company snapshot
10.5.4 Operating business segments
10.5.5 Product portfolio
10.5.6 Business performance
10.5.7 Key strategic moves and developments
10.6 TechnipFMC plc
10.6.1 Company overview
10.6.2 Key Executives
10.6.3 Company snapshot
10.6.4 Operating business segments
10.6.5 Product portfolio
10.6.6 Business performance
10.6.7 Key strategic moves and developments
10.7 The Boeing Company
10.7.1 Company overview
10.7.2 Key Executives
10.7.3 Company snapshot
10.7.4 Operating business segments
10.7.5 Product portfolio
10.7.6 Business performance
10.7.7 Key strategic moves and developments
10.8 Deep Ocean Engineering, Inc.
10.8.1 Company overview
10.8.2 Key Executives
10.8.3 Company snapshot
10.8.4 Operating business segments
10.8.5 Product portfolio
10.8.6 Business performance
10.8.7 Key strategic moves and developments
10.9 Lockheed Martin Corporation
10.9.1 Company overview
10.9.2 Key Executives
10.9.3 Company snapshot
10.9.4 Operating business segments
10.9.5 Product portfolio
10.9.6 Business performance
10.9.7 Key strategic moves and developments
10.10 teledyne marine
10.10.1 Company overview
10.10.2 Key Executives
10.10.3 Company snapshot
10.10.4 Operating business segments
10.10.5 Product portfolio
10.10.6 Business performance
10.10.7 Key strategic moves and developments
List of Tables
Table 1. Global Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 2. Underwater Drone Market for Defense and Security, by Region, 2021-2031 (Revenue, $Million)
Table 3. Underwater Drone Market for Scientific Research, by Region, 2021-2031 (Revenue, $Million)
Table 4. Underwater Drone Market for Commercial Exploration, by Region, 2021-2031 (Revenue, $Million)
Table 5. Underwater Drone Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 6. Global Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 7. Underwater Drone Market for Remotely Operated Vehicle (Rov), by Region, 2021-2031 (Revenue, $Million)
Table 8. Underwater Drone Market for Autonomous Underwater Vehicle (Auv), by Region, 2021-2031 (Revenue, $Million)
Table 9. Underwater Drone Market for Hybrid Vehicles, by Region, 2021-2031 (Revenue, $Million)
Table 10. Global Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 11. Underwater Drone Market for Electric System, by Region, 2021-2031 (Revenue, $Million)
Table 12. Underwater Drone Market for Mechanical System, by Region, 2021-2031 (Revenue, $Million)
Table 13. Underwater Drone Market for Hybrid System, by Region, 2021-2031 (Revenue, $Million)
Table 14. Global Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 15. Underwater Drone Market for Micro, by Region, 2021-2031 (Revenue, $Million)
Table 16. Underwater Drone Market for Small and Medium, by Region, 2021-2031 (Revenue, $Million)
Table 17. Underwater Drone Market for Light Work-Class, by Region, 2021-2031 (Revenue, $Million)
Table 18. Underwater Drone Market for Heavy Work-Class, by Region, 2021-2031 (Revenue, $Million)
Table 19. Underwater Drone Market, by Region, 2021-2031 (Revenue, $Million)
Table 20. North America Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 21. North America Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 22. North America Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 23. North America Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 24. North America Underwater Drone Market, by Country, 2021-2031 (Revenue, $Million)
Table 25. U.S. Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 26. U.S. Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 27. U.S. Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 28. U.S. Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 29. Canada Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 30. Canada Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 31. Canada Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 32. Canada Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 33. Mexico Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 34. Mexico Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 35. Mexico Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 36. Mexico Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 37. Europe Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 38. Europe Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 39. Europe Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 40. Europe Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 41. Europe Underwater Drone Market, by Country, 2021-2031 (Revenue, $Million)
Table 42. UK Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 43. UK Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 44. UK Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 45. UK Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 46. Germany Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 47. Germany Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 48. Germany Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 49. Germany Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 50. France Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 51. France Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. France Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 53. France Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 54. Russia Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 55. Russia Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 56. Russia Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 57. Russia Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 58. Rest of Europe Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 59. Rest of Europe Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 60. Rest of Europe Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 61. Rest of Europe Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 62. Asia-Pacific Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 63. Asia-Pacific Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 64. Asia-Pacific Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 65. Asia-Pacific Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 66. Asia-Pacific Underwater Drone Market, by Country, 2021-2031 (Revenue, $Million)
Table 67. China Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 68. China Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 69. China Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 70. China Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 71. India Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 72. India Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 73. India Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 74. India Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 75. Japan Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 76. Japan Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 77. Japan Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 78. Japan Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 79. South Korea Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 80. South Korea Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 81. South Korea Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 82. South Korea Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 83. Rest of Asia-Pacific Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 84. Rest of Asia-Pacific Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 85. Rest of Asia-Pacific Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 86. Rest of Asia-Pacific Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 87. LAMEA Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 88. LAMEA Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 89. LAMEA Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 90. LAMEA Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 91. LAMEA Underwater Drone Market, by Country, 2021-2031 (Revenue, $Million)
Table 92. Latin America Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 93. Latin America Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 94. Latin America Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 95. Latin America Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 96. Middle East Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 97. Middle East Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 98. Middle East Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 99. Middle East Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 100. Africa Underwater Drone Market, by Application, 2021-2031 (Revenue, $Million)
Table 101. Africa Underwater Drone Market, by Type, 2021-2031 (Revenue, $Million)
Table 102. Africa Underwater Drone Market, by Propulsion System, 2021-2031 (Revenue, $Million)
Table 103. Africa Underwater Drone Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 104. Bluefin Robotics Corporation: Key Executives
Table 105. Bluefin Robotics Corporation: Company Snapshot
Table 106. Bluefin Robotics Corporation: Operating Segments
Table 107. Bluefin Robotics Corporation: Product Portfolio
Table 108. Bluefin Robotics Corporation: Net Sales
Table 109. Bluefin Robotics Corporation: Key Strategies
Table 110. Eca Group: Key Executives
Table 111. Eca Group: Company Snapshot
Table 112. Eca Group: Operating Segments
Table 113. Eca Group: Product Portfolio
Table 114. Eca Group: Net Sales
Table 115. Eca Group: Key Strategies
Table 116. Kongsberg Maritime: Key Executives
Table 117. Kongsberg Maritime: Company Snapshot
Table 118. Kongsberg Maritime: Operating Segments
Table 119. Kongsberg Maritime: Product Portfolio
Table 120. Kongsberg Maritime: Net Sales
Table 121. Kongsberg Maritime: Key Strategies
Table 122. Oceaneering International, Inc.: Key Executives
Table 123. Oceaneering International, Inc.: Company Snapshot
Table 124. Oceaneering International, Inc.: Operating Segments
Table 125. Oceaneering International, Inc.: Product Portfolio
Table 126. Oceaneering International, Inc.: Net Sales
Table 127. Oceaneering International, Inc.: Key Strategies
Table 128. Saab Seaeye Ltd.: Key Executives
Table 129. Saab Seaeye Ltd.: Company Snapshot
Table 130. Saab Seaeye Ltd.: Operating Segments
Table 131. Saab Seaeye Ltd.: Product Portfolio
Table 132. Saab Seaeye Ltd.: Net Sales
Table 133. Saab Seaeye Ltd.: Key Strategies
Table 134. Technipfmc PLC: Key Executives
Table 135. Technipfmc PLC: Company Snapshot
Table 136. Technipfmc PLC: Operating Segments
Table 137. Technipfmc PLC: Product Portfolio
Table 138. Technipfmc PLC: Net Sales
Table 139. Technipfmc PLC: Key Strategies
Table 140. the Boeing Company: Key Executives
Table 141. the Boeing Company: Company Snapshot
Table 142. the Boeing Company: Operating Segments
Table 143. the Boeing Company: Product Portfolio
Table 144. the Boeing Company: Net Sales
Table 145. the Boeing Company: Key Strategies
Table 146. Deep Ocean Engineering, Inc.: Key Executives
Table 147. Deep Ocean Engineering, Inc.: Company Snapshot
Table 148. Deep Ocean Engineering, Inc.: Operating Segments
Table 149. Deep Ocean Engineering, Inc.: Product Portfolio
Table 150. Deep Ocean Engineering, Inc.: Net Sales
Table 151. Deep Ocean Engineering, Inc.: Key Strategies
Table 152. Lockheed Martin Corporation: Key Executives
Table 153. Lockheed Martin Corporation: Company Snapshot
Table 154. Lockheed Martin Corporation: Operating Segments
Table 155. Lockheed Martin Corporation: Product Portfolio
Table 156. Lockheed Martin Corporation: Net Sales
Table 157. Lockheed Martin Corporation: Key Strategies
Table 158. Teledyne Marine: Key Executives
Table 159. Teledyne Marine: Company Snapshot
Table 160. Teledyne Marine: Operating Segments
Table 161. Teledyne Marine: Product Portfolio
Table 162. Teledyne Marine: Net Sales
Table 163. Teledyne Marine: Key Strategies
List of Figures
Figure 1. Segmentation of Underwater Drone Market,2021-2031
Figure 2. Underwater Drone Market,2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Underwater Drone Market:Drivers, Restraints and Opportunities
Figure 10. Underwater Drone Market,By Application,2021(%)
Figure 11. Comparative Share Analysis of Defense and Security Underwater Drone Market, 2021 and 2031(%)
Figure 12. Comparative Share Analysis of Scientific Research Underwater Drone Market, 2021 and 2031(%)
Figure 13. Comparative Share Analysis of Commercial Exploration Underwater Drone Market, 2021 and 2031(%)
Figure 14. Comparative Share Analysis of Others Underwater Drone Market, 2021 and 2031(%)
Figure 15. Underwater Drone Market,By Type,2021(%)
Figure 16. Comparative Share Analysis of Remotely Operated Vehicle (Rov) Underwater Drone Market, 2021 and 2031(%)
Figure 17. Comparative Share Analysis of Autonomous Underwater Vehicle (Auv) Underwater Drone Market, 2021 and 2031(%)
Figure 18. Comparative Share Analysis of Hybrid Vehicles Underwater Drone Market, 2021 and 2031(%)
Figure 19. Underwater Drone Market,By Propulsion System,2021(%)
Figure 20. Comparative Share Analysis of Electric System Underwater Drone Market, 2021 and 2031(%)
Figure 21. Comparative Share Analysis of Mechanical System Underwater Drone Market, 2021 and 2031(%)
Figure 22. Comparative Share Analysis of Hybrid System Underwater Drone Market, 2021 and 2031(%)
Figure 23. Underwater Drone Market,By Product Type,2021(%)
Figure 24. Comparative Share Analysis of Micro Underwater Drone Market, 2021 and 2031(%)
Figure 25. Comparative Share Analysis of Small and Medium Underwater Drone Market, 2021 and 2031(%)
Figure 26. Comparative Share Analysis of Light Work-Class Underwater Drone Market, 2021 and 2031(%)
Figure 27. Comparative Share Analysis of Heavy Work-Class Underwater Drone Market, 2021 and 2031(%)
Figure 28. Underwater Drone Market by Region,2021
Figure 29. U.S. Underwater Drone Market,2021-2031($Million)
Figure 30. Canada Underwater Drone Market,2021-2031($Million)
Figure 31. Mexico Underwater Drone Market,2021-2031($Million)
Figure 32. UK Underwater Drone Market,2021-2031($Million)
Figure 33. Germany Underwater Drone Market,2021-2031($Million)
Figure 34. France Underwater Drone Market,2021-2031($Million)
Figure 35. Russia Underwater Drone Market,2021-2031($Million)
Figure 36. Rest of Europe Underwater Drone Market,2021-2031($Million)
Figure 37. China Underwater Drone Market,2021-2031($Million)
Figure 38. India Underwater Drone Market,2021-2031($Million)
Figure 39. Japan Underwater Drone Market,2021-2031($Million)
Figure 40. South Korea Underwater Drone Market,2021-2031($Million)
Figure 41. Rest of Asia-Pacific Underwater Drone Market,2021-2031($Million)
Figure 42. Latin America Underwater Drone Market,2021-2031($Million)
Figure 43. Middle East Underwater Drone Market,2021-2031($Million)
Figure 44. Africa Underwater Drone Market,2021-2031($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap of Top 10 Key Players
Figure 51. Top Player Positioning, 2021
Figure 52. Bluefin Robotics Corporation.: Net Sales ($Million)
Figure 53. Eca Group.: Net Sales ($Million)
Figure 54. Kongsberg Maritime.: Net Sales ($Million)
Figure 55. Oceaneering International, Inc..: Net Sales ($Million)
Figure 56. Saab Seaeye Ltd.: Net Sales ($Million)
Figure 57. Technipfmc PLC.: Net Sales ($Million)
Figure 58. the Boeing Company.: Net Sales ($Million)
Figure 59. Deep Ocean Engineering, Inc..: Net Sales ($Million)
Figure 60. Lockheed Martin Corporation.: Net Sales ($Million)
Figure 61. Teledyne Marine.: Net Sales ($Million)
Executive Summary
The Underwater Drone Market is expected to experience a significant growth rate of 15.9% from 2022-2031 owing to the implementation of UUVs in deep-water offshore oil and gas exploration activities.An underwater drone is a robotic system that can be operated under seawater without human intervention. It is divided into two parts, including a remote-controlled underwater vehicle and an autonomous underwater vehicle. In addition, remotely operated underwater vehicles are remotely operated by humans, and autonomous underwater vehicles are operated without human intervention. Underwater drones are useful for underwater inspections in the offshore oil and gas industry. Advances in underwater drone technology, such as higher resolution cameras, better manipulator arms, and more sensitive sonar, have reduced the time it takes to locate and investigate an object.
The major drivers for the market growth are increased offshore oil and gas activity, increased use of umbilical applications for security purposes and increased demand for marine data and mapping are driving the growth of the underwater drone market. For instance, remotely operated vehicles (ROV) are being used to gather samples from the seafloor to evaluate their microplastic content and collect data on underwater species. In addition, rising government initiatives for innovation, investment, and technological advancement, and growing surveillance activities for security provide growth opportunities for the market. Furthermore, safety is paramount as submarine communication cables transmit large amounts of sensitive information between countries using a variety of sensor technologies that monitor the submarine cable environment. However, the slow underwater survey speed of the underwater drone and high operating costs may hinder market growth. Underwater drones provide high-quality marine data and a range of technological advances for various sectors such as military, oil & gas. Military ships are equipped with advanced autonomous technologies that require huge investments.
The market also offers growth opportunities to the key players in the market. Rapid technological developments in underwater drones, such as higher underwater depth access and better communication provide growth opportunities to the underwater drone market. In addition, the introduction of smart devices has resulted in better operating and risk management. In addition, improved battery life and autonomous capability are expected to expand their presence in various commercial and marine applications and sectors.
The market is segmented into type, propulsion system, application, product type, and region. The type segment is further divided into remotely operated vehicle (ROV), autonomous underwater vehicles (AUV), and hybrid vehicles. By propulsion system, the market is segmented into electric system, mechanical system, and hybrid system. Depending on application, the market is segmented into defense & security, scientific research, commercial exploration, and others. In terms of product type, the market is segmented into micro, small and medium, light work-class, and heavy work-class. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa)
Key players operating in the global underwater drones market includes The Boeing Company, Lockheed Martin Corporation, Bluefin Robotics, Saab Seaeye Ltd, Teledyne Marine Group, Kongsberg Maritime, Oceaneering International, Inc., TechnipFMC plc, ECA Group, and Deep Ocean Engineering, Inc. The players in the market have been actively engaged in the adoption of various Strategies such as have adopted, agreements, expansion, and product launches to remain competitive and gain an advantage over the competitors in the market. For instance, in August 2021, General Dynamics Mission Systems parent company of Bluefin Robotics Corporation opened a new UUV manufacturing and assembly facility at its Taunton manufacturing site.
Companies Mentioned
- Bluefin Robotics Corporation
- ECA Group
- kongsberg maritime
- Oceaneering International, Inc.
- Saab Seaeye Ltd
- TechnipFMC plc
- The Boeing Company
- Deep Ocean Engineering, Inc.
- Lockheed Martin Corporation
- teledyne marine
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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