Cumulative CapEx of AUVs Globally to Reach USD 20.2 Bn in 2025, Projects GMR Data in Its Report Available at MarketPublishers.com31 Jul 2017 • by Natalie Aster
LONDON – As an emerging technology, autonomous underwater vehicles (AUVs), also referred to as underwater drones, are free-swimming vehicles capable of operating independently without direct human input. They find versatile applications in pipeline and subsea inspections, sub-sea surveys, sampling, oceanographic, environmental monitoring, cable inspections, iceberg profiling, proactive measures, under-ice surveys, underwater photography, and land mine detection, among others.
Globally, the overall CapEx of AUVs is forecast to gain traction in the years to come, representing fast YoY growth during 2016-2025. The cumulative CapEx of global AUVs is anticipated to amount to USD 20.2 billion over the forecast period, fuelled by the considerable uptake of AUVs across a host of industry verticals.
The cutting-edge study “Global Autonomous Underwater Vehicles (AUVs) Market 2017-2025” drawn up by GMR Data is aimed at canvassing the market on a global level.
The report provides an insightful analysis of the entire marketplace and all its sub-segments; categorises the market based on hardware component, vertical, vehicle type, propulsion system, and by region. For each segment, the report provides annual CapEx for 2014-2025 (historical and forecast). The breakdown of all regional markets and some key country markets based on industry vertical and type of vehicle during the projected years is available, too. It sheds light on the market structure; identifies market growth drivers as well as the various restraints and challenges; examines the emerging product trends and pinpoints the attractive market opportunities; includes detailed Porter’s fiver forces analysis.
The research publication discusses the actual competitive scene and speculates on the prospective trends in the manufacturing process. It also profiles the word’s top AUV vendors covering market leaders and major emerging players.
Many more in-demand reports drawn up by GMR Data are provided at this page.