Market Overview:
The global marine robots market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for unmanned maritime systems for various applications such as defense, scientific research, and commercial purposes. Additionally, the increasing investments by governments and private organizations in R&D activities for developing new-generation marine robots is also propelling the growth of this market. Based on type, autonomous underwater vehicles (AUVs) are expected to lead the global marine robots market during the forecast period from 2018 to 2030. AUVs are extensively used across various applications such as defense, scientific research, and commercial purposes owing to their ability to operate autonomously without any human intervention or support. They are also equipped with advanced sensors and communication systems that help them collect data from deep sea areas which cannot be accessed by humans easily.
Product Definition:
A marine robot is a machine that operates underwater. Marine robots are used for tasks such as mapping the ocean floor, studying marine life and monitoring the environment.
Autonomous Underwater Vehicles:
Autonomous underwater vehicles (AUVs) are robotic systems that can operate independently and are capable of performing tasks normally done by humans. AUVs include remotely operated devices or tethered robots, which are used for military or commercial applications such as oil exploration, hydrocarbon testing, and mine clearing among others.
Unmanned Surface Vehicle:
Unmanned surface vehicle (USV) is a type of Unmanned Aerial Vehicle (UAV) used for military and commercial applications. It can be described as a hybrid between land-based UAV and maritime UUV. The primary function of an unmanned surface vehicle is to provide support to naval forces by delivering intelligence, surveillance, and reconnaissance in both littoral and deep waters without any human intervention.
Application Insights:
The defense segment dominated the global marine robots market in terms of revenue share in 2017. The growth can be attributed to increasing spending on military and defense-related applications across the globe. For instance, according to a study by researchers at Harvard University, China is expected to invest around USD 39 billion in its military-industrial complex over the next five years. This will represent a significant increase from its current level of investment which is around USD 85 billion annually.
The commercial application segment for marine robots includes tasks such as mapping, exploration and inspection along with research activities such as studying ocean currents and tides or sampling sea water for analyzing various parameters such as temperature or salinity etc., using sensors fitted on board autonomous underwater vehicles (AUVs). Increasing demand for AUVs with enhanced capabilities that can operate day & night within deep water without human intervention will boost product demand over the forecast period.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness significant growth owing to increasing demand from several key sectors, including defense, oil & gas, marine exploration & fishing. Moreover, rising investments by countries such as China and Japan are likely to boost industry expansion over the coming years.
The European regional market also held a considerable revenue share in 2017 owing to growing technological advancements across various underwater robots used for different applications. Moreover, stringent regulations set by governing bodies such as IMO (International Maritime Organization) regarding maritime safety and security are anticipated to fuel industry growth over the next eight years.
North America was one of the prominent markets that witnessed substantial growth due with high investment made by countries like U S A.
Growth Factors:
- Increasing demand for marine robots from the defense sector for maritime security and surveillance
- Growing popularity of remotely operated underwater vehicles (ROVs) in commercial applications such as offshore oil and gas exploration, port security, and cable maintenance
- Rising investment in research and development of new-generation marine robots to cater to specific needs of different end-users
- Proliferation of autonomous surface vessels (ASVs) for tasks such as ocean mapping, weather monitoring, and fisheries management
- Emergence of robotics startups that are developing innovative marine robot technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Robots Market Research Report
By Type
Autonomous Underwater Vehicles, Unmanned Surface Vehicle, Underwater Gliders, Other
By Application
Defense, Scientific Research, Commercial
By Companies
Kongsberg Maritime, Teledyne Technologies, International Submarine Engineering, L3 Technologies, Saab Seaeye, Bluefin Robotics, Atlas Elektronik, Eca Group, Maritime Robotics, Kongsberg Maritime
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Marine Robots Market Report Segments:
The global Marine Robots market is segmented on the basis of:
Types
Autonomous Underwater Vehicles, Unmanned Surface Vehicle, Underwater Gliders, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defense, Scientific Research, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kongsberg Maritime
- Teledyne Technologies
- International Submarine Engineering
- L3 Technologies
- Saab Seaeye
- Bluefin Robotics
- Atlas Elektronik
- Eca Group
- Maritime Robotics
- Kongsberg Maritime
Highlights of The Marine Robots Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Autonomous Underwater Vehicles
- Unmanned Surface Vehicle
- Underwater Gliders
- Other
- By Application:
- Defense
- Scientific Research
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Marine Robots Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Marine robots are autonomous underwater vehicles that can be used for a variety of tasks, including mapping and surveying, search and rescue operations, environmental monitoring, and fisheries management.
Some of the key players operating in the marine robots market are Kongsberg Maritime, Teledyne Technologies, International Submarine Engineering, L3 Technologies, Saab Seaeye, Bluefin Robotics, Atlas Elektronik, Eca Group, Maritime Robotics, Kongsberg Maritime.
The marine robots market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marine Robots Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Marine Robots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marine Robots Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Marine Robots Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Marine Robots Market Size & Forecast, 2018-2028
4.5.1 Marine Robots Market Size and Y-o-Y Growth
4.5.2 Marine Robots Market Absolute $ Opportunity
Chapter 5 Global Marine Robots Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Marine Robots Market Size Forecast by Type
5.2.1 Autonomous Underwater Vehicles
5.2.2 Unmanned Surface Vehicle
5.2.3 Underwater Gliders
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Marine Robots Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Marine Robots Market Size Forecast by Applications
6.2.1 Defense
6.2.2 Scientific Research
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marine Robots Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Marine Robots Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Marine Robots Analysis and Forecast
9.1 Introduction
9.2 North America Marine Robots Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Marine Robots Market Size Forecast by Type
9.6.1 Autonomous Underwater Vehicles
9.6.2 Unmanned Surface Vehicle
9.6.3 Underwater Gliders
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Marine Robots Market Size Forecast by Applications
9.10.1 Defense
9.10.2 Scientific Research
9.10.3 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Marine Robots Analysis and Forecast
10.1 Introduction
10.2 Europe Marine Robots Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Marine Robots Market Size Forecast by Type
10.6.1 Autonomous Underwater Vehicles
10.6.2 Unmanned Surface Vehicle
10.6.3 Underwater Gliders
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Marine Robots Market Size Forecast by Applications
10.10.1 Defense
10.10.2 Scientific Research
10.10.3 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Marine Robots Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Marine Robots Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Marine Robots Market Size Forecast by Type
11.6.1 Autonomous Underwater Vehicles
11.6.2 Unmanned Surface Vehicle
11.6.3 Underwater Gliders
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Marine Robots Market Size Forecast by Applications
11.10.1 Defense
11.10.2 Scientific Research
11.10.3 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Marine Robots Analysis and Forecast
12.1 Introduction
12.2 Latin America Marine Robots Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Marine Robots Market Size Forecast by Type
12.6.1 Autonomous Underwater Vehicles
12.6.2 Unmanned Surface Vehicle
12.6.3 Underwater Gliders
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Marine Robots Market Size Forecast by Applications
12.10.1 Defense
12.10.2 Scientific Research
12.10.3 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Marine Robots Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Marine Robots Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Marine Robots Market Size Forecast by Type
13.6.1 Autonomous Underwater Vehicles
13.6.2 Unmanned Surface Vehicle
13.6.3 Underwater Gliders
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Marine Robots Market Size Forecast by Applications
13.10.1 Defense
13.10.2 Scientific Research
13.10.3 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Marine Robots Market: Competitive Dashboard
14.2 Global Marine Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kongsberg Maritime
14.3.2 Teledyne Technologies
14.3.3 International Submarine Engineering
14.3.4 L3 Technologies
14.3.5 Saab Seaeye
14.3.6 Bluefin Robotics
14.3.7 Atlas Elektronik
14.3.8 Eca Group
14.3.9 Maritime Robotics
14.3.10 Kongsberg Maritime
