Autonomous Underwater Vehicles (AUVs) are
commonly known as unmanned underwater vehicles. They are used in underwater
survey missions for detecting and mapping samples underwater like rocks, wrecks
and crashes, which otherwise is hazardous to navigate. They are capable of
conducting survey missions without operator interventions. However, in today’s
age, AUVs vary in the way they are built and different AUVs can be personalised
and vary in sizes from small to large. They are used for various purposes – commercial,
military, research and exploratory purposes. In commercial sense, they are used
for oil and natural gas drilling for assistance in appropriate geographical
areas. In military sense, they are useful in finding boot-traps on the ocean
beds. For research and exploratory purposes, they help in finding and tracking
coral reefs and underwater ecosystem. The size of AUVs are detrimental in
determining the depth till which they can be used.
Ken Research’s Global
Autonomous Underwater Vehicles (AUVs) Market 2017-2025 by Industry Vertical,
System Component, Vehicle Type, Propulsion System and Region gives a
detailed analysis on the global market for autonomous underwater vehicles. The
report likewise covers current aggressive situation and the anticipated
assembling pattern; and profiles worldwide AUV sellers including market
pioneers and significant rising players. In particular, potential dangers
related with putting resources into worldwide AUVs advertise are assayed quantitatively and
qualitatively through GMD's Risk Assessment System. According to the risk
analysis and evaluation, Critical Success Factors (CSFs) are generated as a
guidance to help investors & stockholders manage and minimize the risks,
develop appropriate business models, and make wise strategies and decisions.
The top market players are Atlas Elektronik Gmbh, Boston Engineering, ECA
Group, Fugro Subsea Services Ltd, General Dynamics Mission Systems,
International Submarine Engineering (ISE) Ltd., i-Tech (Subsea 7), Kongsberg
Gruppen ASA, Lockheed Martin Corporation, Oceaneering International, Inc.,
Oceanserver Technology, Inc., SAAB SEAEYE LTD., Teledyne Gavia EHF. And
Teledyne Technologies Inc.
There are various market drivers in AUVs –
scientific, industrial, political and economic. There is growing demand for high
resolution mapping and imaging data, which is expected to give deeper insights
about geological processes. Industry drivers include new offshore renewables
and caprbon capture and storage (CCS) and seafloor observatories. A common
demand from all the drivers are high – resolution mapping data for
environmental assessments and monitoring. Governments are also spending and
investing on new equipment for both security and exploratory sakes. New Marine
Protected Areas and other marine monitoring programmes have been a huge boost
for companies. The only major market deterrents are high costs.
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