The Autonomous Marine Vehicles by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Autonomous Marine Vehicles, The autonomous marine vehicles market size has grown rapidly in recent years. It will grow from $2.68 billion in 2023 to $3.11 billion in 2024 at a compound annual growth rate (CAGR) of 16.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in military expenditure and increase in focus on unmanned platforms..
The autonomous marine vehicles market size is expected to see rapid growth in the next few years. It will grow to $5.72 billion in 2028 at a compound annual growth rate (CAGR) of 16.4%. The growth in the forecast period can be attributed to the increasing government support, increasing advancements in technology, rise in oceanographic surveys and increasing defense expenditure will drive the growth.. Major trends in the forecast period include artificial intelligence (ai) to improve product offerings, focus on technological advancements to strengthen position, focus on third-generation autonomous driving systems to grow in the market, use of 3d printing in the pre-and post-production manufacturing process of autonomous marine vehicles, focus of oil and gas companies on the use of autonomous marine vehicle fleet, focus on advanced battery driving systems to strengthen position in the market and focus on strategic partnerships and collaborations..
The autonomous marine vehicles market is being driven by a rise in hydrographic, oceanographic, and environmental surveys conducted globally. A hydrographic survey measure describes and maps features that can be found underwater. The main purpose of conducting these surveys is to produce navigational charts essential for the safe transit of vessels. An oceanographic survey helps with the accurate understanding of marine and freshwater environments for port and harbor development, wastewater and industrial outfalls, power plant intakes and outfalls, and offshore disposals. An autonomous surface vehicle (ASV) provides an efficient method of undertaking a hydrographic survey, as it saves both cost and time. It is also flexible and convenient, which allows for faster deployment for several survey requirements, from event surveys to large coastal surveys. For instance, according to the world’s first autonomous hydrographic survey, by 4D Ocean, after the channel Coastal Observatory (CCO) commissioned it to carry out a hydrographic survey of the seabed that is offshore of Hurst Spit, Western Solent, with the help of a SeaRobotics ASV 2.5.
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The autonomous marine vehicles market covered in this report is segmented –
1) By Type: Surface Vehicle, Underwater Vehicle
2) By Technology: Imaging, Navigation, Communication, Collision Avoidance, Propulsion
3) By Application: Military And Defense, Archeological, Exploration, Oil And Gas, Environmental Protection And Monitoring, Search And Salvage Operations, Oceanography
The International Maritime Organization (IMO) has regulations related to ballast water management in marine vehicles. Ballast water is defined as water that is pumped inside a marine vehicle to maintain safe operating conditions and operations. Regulation D-3 by the IMO requires that ballast water management systems that use active substances be approved following the specifications defined by the IMO. As per the International Convention for the Control and Management of Ships’ Ballast Water and Sediments, active substances are those that include a virus or a fungus, having a general or specific action on or against harmful aquatic organisms or pathogens. Hence, regulations such as these would keep a check on manufacturers of ballast water management systems as well as the companies in the autonomous marine vehicle market.
The autonomous marine vehicles market report table of contents includes:
1. Executive Summary
2.Autonomous Marine Vehicles Market Characteristics
3.Autonomous Marine Vehicles Market Trends And Strategies
4.Autonomous Marine Vehicles market analysis
5.Autonomous Marine Vehicles Market Size And Growth
6.Autonomous Marine Vehicles Segmentation
7.Autonomous Marine Vehicles Regional And Country Analysis
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27.Autonomous Marine Vehicles Competitive Landscape And Company Profiles
28.Autonomous Marine Vehicles Key Mergers And Acquisitions
29. Autonomous Marine Vehicles Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- L3Harris Technologies Inc.
- BAE Systems
- General Dynamics (Bluefin Robotics)
- Kongsberg
- Saab AB
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Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reportsThe Autonomous Marine Vehicles Global Market Report 2020-30 by The Business Research Company describes and explains the global autonomous marine vehicles market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.
The report evaluates the market across each region and for the major economies within each region.The Autonomous Marine Vehicles Global Market Report 2021 covers autonomous marine vehicles market drivers, autonomous marine vehicles market trends, autonomous marine vehicles market segments, autonomous marine vehicles market growth rate, autonomous marine vehicles market major players, and autonomous marine vehicles market size.View Complete Report: https://www.thebusinessresearchcompany.com/report/autonomous-marine-vehicles-global-market-reportThe autonomous marine vehicles market report provides an in-depth analysis of the impact of COVID-19 on the global autonomous marine vehicles industry, along with revised market numbers due to the effects of the coronavirus and the expected autonomous marine vehicles market growth numbers 2021-2030.Autonomous Marine Vehicles Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=2562=smpThe global autonomous marine vehicles market is expected to grow from $3.18 billion in 2020 to $3.43 billion in 2021 at a compound annual growth rate (CAGR) of 7.9%.
The autonomous marine vehicles market is expected to reach $5.1 billion in 2025 at a CAGR of 10.4%.The report covers the autonomous marine vehicle market segments-1) By Type: Surface Vehicle, Underwater Vehicle.2) By Application: Military & Defense, Archeological, Exploration, Oil & Gas, Environmental Protection And Monitoring, Search And Salvage Operations, Oceanography.3) By Technology: Imaging, Navigation, Communication, Collision Avoidance, Propulsion.About The Business Research Company: The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research.
It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally.
