Market Overview:
The global underwater computer vision market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for underwater computer vision systems from military and civil applications. The hardware segment is expected to account for the largest share of the global underwater computer vision market in 2018, followed by software and services. North America is expected to account for the largest share of the global underwater computer vision market in 2018, followed by Europe, Asia Pacific and Latin America.
Product Definition:
Underwater computer vision is the application of computer vision techniques to the field of underwater robotics. It is used for tasks such as object recognition, tracking, and mapping.
Hardware:
Hardware is the part of computer system which includes display devices, cameras, storage devices and other peripherals. The hardware used for underwater computer vision consists of three major components such as camera module (CCD or CMOS), image processing unit and display device. Underwater camera modules are available in different specifications such as 8-16 megapixels with frame rates up to 30 frames per second.
Software and Service:
Software and service are used in underwater computer vision market for various applications such as image processing, video surveillance, autonomous navigation and others. Underwater computer vision is a technique that involves the integration of software and hardware to provide real-time or delayed images captured by a digital camera or smartphone. The information obtained from these images is then transferred to a desktop for further analysis.
Application Insights:
The military application segment accounted for the largest revenue share in 2017 and is projected to expand at a steady CAGR over the forecast period. The growth of this segment is attributed to increasing adoption of UVC by defense agencies, which include countries such as U.S., Canada, France and Israel for various purposes such as anti-submarine warfare (ASW), anti-air warfare (AAW), intelligence, surveillance and reconnaissance (ISR) among others.
Civil application is expected to be the fastest growing segment owing to rising demand from industries including oil & gas, marine biology research among others that require real-time data collection for improving their operations. Moreover, computer vision technology can also be used in areas such as agriculture where it can help improve crop yield by analyzing soil composition or detect rocks hidden under water surfaces using pattern recognition techniques thereby augmenting overall market growth over the forecast period.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period owing to increasing government initiatives for marine and underwater technology. The rise in tourism activities has led to an increase in demand for recreational diving, which further drives the growth of this industry. Moreover, rising disposable income among middle-class population groups of developing countries such as China and India is anticipated to fuel market growth during the forecast period.
Europe underwater computer vision market was valued at USD X million in 2017 and is expected to witness substantial growth over the forecast period due to growing R&D investments by major companies along with increasing adoption of UAVs for commercial applications such as inspection, monitoring, surveillance & protection against sea Creatures (ISPC). In addition, rise in popularity of spear fishing has increased demand for UAVs used for fish tagging & tracking applications thereby driving regional product demand.
Growth Factors:
- Increasing demand for underwater computer vision in the defense and security sector for surveillance and monitoring purposes.
- Growing popularity of unmanned underwater vehicles (UUVs) that use underwater computer vision for various applications such as mapping, surveying, oceanography, archaeology, etc.
- Proliferation of 3D printing technology that is helping to reduce the cost of manufacturing UUVs equipped with underwater computer vision sensors.
- Rising investment in research and development activities for developing new and innovative applications of underwater computer vision technology.
Scope Of The Report
Report Attributes
Report Details
Report Title
Underwater Computer Vision Market Research Report
By Type
Hardware, Software and Service
By Application
Military Application, Civil Application
By Companies
Rovco, alwaysAI, Newton Research Labs, SeaErra, Hawk-Eye, Pagarba Solutions, Cathx Ocean, Lynxight
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Underwater Computer Vision Market Report Segments:
The global Underwater Computer Vision market is segmented on the basis of:
Types
Hardware, Software and Service
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
Military Application, Civil Application
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:
- Rovco
- alwaysAI
- Newton Research Labs
- SeaErra
- Hawk-Eye
- Pagarba Solutions
- Cathx Ocean
- Lynxight
Highlights of The Underwater Computer Vision 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:
- Hardware
- Software and Service
- By Application:
- Military Application
- Civil Application
- 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 Underwater Computer Vision 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
- Channel & Customer Management
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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?
Underwater computer vision is the process of using computer vision algorithms to interpret and understand images captured underwater. This can include tasks such as detecting objects, reading text, or identifying people or boats.
Some of the major companies in the underwater computer vision market are Rovco, alwaysAI, Newton Research Labs, SeaErra, Hawk-Eye, Pagarba Solutions, Cathx Ocean, Lynxight.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Underwater Computer Vision 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 Underwater Computer Vision Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Underwater Computer Vision 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 Underwater Computer Vision 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 Underwater Computer Vision Market Size & Forecast, 2020-2028
4.5.1 Underwater Computer Vision Market Size and Y-o-Y Growth
4.5.2 Underwater Computer Vision Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software and Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Military Application
6.2.2 Civil Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Underwater Computer Vision 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 Underwater Computer Vision 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software and Service
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 Market Size Forecast by Applications
9.10.1 Military Application
9.10.2 Civil Application
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software and Service
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 Market Size Forecast by Applications
10.10.1 Military Application
10.10.2 Civil Application
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software and Service
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 Market Size Forecast by Applications
11.10.1 Military Application
11.10.2 Civil Application
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software and Service
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 Market Size Forecast by Applications
12.10.1 Military Application
12.10.2 Civil Application
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software and Service
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) Market Size Forecast by Applications
13.10.1 Military Application
13.10.2 Civil Application
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 Underwater Computer Vision Market: Competitive Dashboard
14.2 Global Underwater Computer Vision Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rovco
14.3.2 alwaysAI
14.3.3 Newton Research Labs
14.3.4 SeaErra
14.3.5 Hawk-Eye
14.3.6 Pagarba Solutions
14.3.7 Cathx Ocean
14.3.8 Lynxight
