Global Automatic Underwater Vehicle (AUV) Market: Trends, Opportunities and Forecasts (2016-2021) (By Value – UUVs, ROVs, AUVs; AUV Market By Region – North America, Europe, Latin America, Asia Pacific, Middle East & Africa; Key Players; Recommendations)
Executive Summary
Rise in offshore drilling activities, Increasing demand for Life-of-field Inspections, Technological Advancements, Cost Effective Inspection System, Rising mechanical configuration of AUV’s, High adoption rate of AUVs across application areas in defence & scientific research and offshore oil & gas explorations, are the basic reasons behind increased demands for the Automatic Underwater Vehicle (AUV).
Latin America and Africa are expected to experience the highest growth owing to deepwater oil & gas activities in pre-salt areas, Europe will have high growth with North Sea and Norwegian Sea being the major subsea pipeline inspection equipment's market. Demand in Asia will be diverse with deepwater expenditure in India, Indonesia and Malaysia; research activities in Japan, and military investment in China. The key sectors for the application of AUV in the report are commercial, scientific, and defense. Among all, the defense application is expected to hold the largest share of the market accounting for 49% in 2015.
There has been the growing need for scientific research applications being addressed for oceanography and environmental protection & monitoring, high adoption rate of AUVs across application areas in defence & scientific research and offshore oil & gas explorations; and increasing defence spending has led to increase in demand for AUV. But stringent government regulations regarding oil & gas leaks, Higher Installation Cost, water contamination, environmental & public health is one of the biggest restraints faced by this industry. The level of spending in the government-to-government investments into the defence, scientific research and oil and gas sectors has driven the market.
Global Automatic Underwater Vehicle (AUV) Market is forecasted to grow at a CAGR of 15.5% during 2016 – 2021F, on account of rising demand in the oil and gas energy along with significant government-to-government investments into the defence, scientific research and oil and gas sectors. Growing energy needs, emerging economies, high adoption rate of AUVs across application areas in defence & scientific research and offshore oil & gas explorations and increasing defence spending provide the ample growth opportunites for the AUV market to thrive.
The market in developed regions is matured and is witnessing consistent growth except for North America while the developing regions are expected to witness high growth in the Automatic Underwater Vehicle (AUV) Market especially in Africa & Asia Pacific.
According to Azoth Analytics research report, “Global Automatic Underwater Vehicle (AUV) Market: Trends, Opportunities and Forecasts (2016-2021) - (By Value – UUVs, ROVs, AUVs; AUV Market By Region – North America, Europe, Latin America, Asia Pacific, Middle East & Africa; Key Players; Recommendations)”, Global Automatic Underwater Vehicle (AUV) Market is projected to exhibit a CAGR of over ~15.49% during 2016 - 2021. Few of the leading companies operating in Automatic Underwater Vehicle (AUV) Market are Kongsberg Gruppen ASA, Teledyne Technologies Inc., Subsea, FUGRO.
Scope of the Report
The report provides coverage by Value:
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
Rise in offshore drilling activities, Increasing demand for Life-of-field Inspections, Technological Advancements, Cost Effective Inspection System, Rising mechanical configuration of AUV’s, High adoption rate of AUVs across application areas in defence & scientific research and offshore oil & gas explorations, are the basic reasons behind increased demands for the Automatic Underwater Vehicle (AUV).
Latin America and Africa are expected to experience the highest growth owing to deepwater oil & gas activities in pre-salt areas, Europe will have high growth with North Sea and Norwegian Sea being the major subsea pipeline inspection equipment's market. Demand in Asia will be diverse with deepwater expenditure in India, Indonesia and Malaysia; research activities in Japan, and military investment in China. The key sectors for the application of AUV in the report are commercial, scientific, and defense. Among all, the defense application is expected to hold the largest share of the market accounting for 49% in 2015.
There has been the growing need for scientific research applications being addressed for oceanography and environmental protection & monitoring, high adoption rate of AUVs across application areas in defence & scientific research and offshore oil & gas explorations; and increasing defence spending has led to increase in demand for AUV. But stringent government regulations regarding oil & gas leaks, Higher Installation Cost, water contamination, environmental & public health is one of the biggest restraints faced by this industry. The level of spending in the government-to-government investments into the defence, scientific research and oil and gas sectors has driven the market.
Global Automatic Underwater Vehicle (AUV) Market is forecasted to grow at a CAGR of 15.5% during 2016 – 2021F, on account of rising demand in the oil and gas energy along with significant government-to-government investments into the defence, scientific research and oil and gas sectors. Growing energy needs, emerging economies, high adoption rate of AUVs across application areas in defence & scientific research and offshore oil & gas explorations and increasing defence spending provide the ample growth opportunites for the AUV market to thrive.
The market in developed regions is matured and is witnessing consistent growth except for North America while the developing regions are expected to witness high growth in the Automatic Underwater Vehicle (AUV) Market especially in Africa & Asia Pacific.
According to Azoth Analytics research report, “Global Automatic Underwater Vehicle (AUV) Market: Trends, Opportunities and Forecasts (2016-2021) - (By Value – UUVs, ROVs, AUVs; AUV Market By Region – North America, Europe, Latin America, Asia Pacific, Middle East & Africa; Key Players; Recommendations)”, Global Automatic Underwater Vehicle (AUV) Market is projected to exhibit a CAGR of over ~15.49% during 2016 - 2021. Few of the leading companies operating in Automatic Underwater Vehicle (AUV) Market are Kongsberg Gruppen ASA, Teledyne Technologies Inc., Subsea, FUGRO.
Scope of the Report
The report provides coverage by Value:
- Underwater Unmanned Vehicle (UUV)
- Remotely Operated Vehicles (ROV)
- Automatic Underwater Vehicle (AUV)
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
1. RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
3. STRATEGIC RECOMMENDATIONS
3.1 Demand for Sub Sea Data to Drive the AUV Market
3.2 User Friendly Interfaces to remain Core Technological Driver
3.3 Small and Light Weighted AUV’s to Dominate the Oil and Gas Space By Volume
4. GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET: AN OVERVIEW
4.1 Product Overview
4.2 Market Value, By Size
4.2.1 Global Underwater Unmanned Vehicle Market: Historical (2011-2015)
4.2.2 Global Underwater Unmanned Vehicle Market: Forecast (2016-2021)
4.2.3 Global Underwater Unmanned Vehicle Market, By Type, By Value (2015)
4.2.4 Global Underwater Unmanned Vehicle Market, By Type, By Value (2021)
4.2.5Global Remotely Operated Vehicles Market, Expenditure in Global work-class ROV Operation, By Value, 2011-2017F
4.2.6Global Remotely Operated Vehicles (ROV’s) Market, By Application, 2016
4.2.7Global Remotely Operated Vehicles Market, Expenditure in Global work-class ROV Operation, By Region, 2015
4.2.8Global Underwater Unmanned Vehicle (UUVs) Market, By Application, 2015
4.2.9Global Automatic Underwater Vehicle Market, By Type, 2015
4.2.10Global Automatic Underwater Vehicle (AUV) Market: Historical (2011-2015)
4.2.11Global Automatic Underwater Vehicle (AUV) Market: Forecast (2016-2021)
5. GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET: BY REGION
5.1 Global Automatic Underwater Vehicle (AUV) Market - By Region: Breakdown
5.1.1.By Region - Actual (2015)
5.1.2.By Region - Forecast (2021)
6. NORTH AMERICA AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
6.1 North America Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
6.2 North America Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
7. EUROPE AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
7.1 Europe Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
7.2 Europe Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
8. APAC AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
8.1 APAC Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
8.2 APAC Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
9. LATIN AMERICA AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
9.1 Latin America Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
9.2 Latin America Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
10. MIDDLE EAST & AFRICA AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
10.1 Middle East & Africa Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
10.2 Middle East & Africa Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
11. MARKET DYNAMICS
11.1 Market Drivers
11.2 Challenges
11.3 Market Trends
12. VALUE CHAIN ANALYSIS – GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
13. SWOT ANALYSIS – GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
14. PORTER’S FIVE FORCES ANALYSIS – GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
15. POLICY & REGULATORY LANDSCAPE
16. COMPANY PROFILING
16.1Kongsberg Gruppen ASA
16.2Teledyne Technologies Inc.
16.3 Oceaneering International Inc.
16.4 Subsea
16.5 FUGRO
16.6 Boston Engineering
16.7 Lockheed Martin Corporation
16.8 Atlas Elektronik Gmbh
16.8 General Dynamics Mission Systems
16.9 Saab AB
16.10 ECA SA
2. EXECUTIVE SUMMARY
3. STRATEGIC RECOMMENDATIONS
3.1 Demand for Sub Sea Data to Drive the AUV Market
3.2 User Friendly Interfaces to remain Core Technological Driver
3.3 Small and Light Weighted AUV’s to Dominate the Oil and Gas Space By Volume
4. GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET: AN OVERVIEW
4.1 Product Overview
4.2 Market Value, By Size
4.2.1 Global Underwater Unmanned Vehicle Market: Historical (2011-2015)
4.2.2 Global Underwater Unmanned Vehicle Market: Forecast (2016-2021)
4.2.3 Global Underwater Unmanned Vehicle Market, By Type, By Value (2015)
4.2.4 Global Underwater Unmanned Vehicle Market, By Type, By Value (2021)
4.2.5Global Remotely Operated Vehicles Market, Expenditure in Global work-class ROV Operation, By Value, 2011-2017F
4.2.6Global Remotely Operated Vehicles (ROV’s) Market, By Application, 2016
4.2.7Global Remotely Operated Vehicles Market, Expenditure in Global work-class ROV Operation, By Region, 2015
4.2.8Global Underwater Unmanned Vehicle (UUVs) Market, By Application, 2015
4.2.9Global Automatic Underwater Vehicle Market, By Type, 2015
4.2.10Global Automatic Underwater Vehicle (AUV) Market: Historical (2011-2015)
4.2.11Global Automatic Underwater Vehicle (AUV) Market: Forecast (2016-2021)
5. GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET: BY REGION
5.1 Global Automatic Underwater Vehicle (AUV) Market - By Region: Breakdown
5.1.1.By Region - Actual (2015)
5.1.2.By Region - Forecast (2021)
6. NORTH AMERICA AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
6.1 North America Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
6.2 North America Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
7. EUROPE AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
7.1 Europe Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
7.2 Europe Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
8. APAC AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
8.1 APAC Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
8.2 APAC Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
9. LATIN AMERICA AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
9.1 Latin America Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
9.2 Latin America Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
10. MIDDLE EAST & AFRICA AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
10.1 Middle East & Africa Automatic Underwater Vehicle (AUV) Market - By Value (2011-2015)
10.2 Middle East & Africa Automatic Underwater Vehicle (AUV) Market - By Value (2016-2021)
11. MARKET DYNAMICS
11.1 Market Drivers
11.2 Challenges
11.3 Market Trends
12. VALUE CHAIN ANALYSIS – GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
13. SWOT ANALYSIS – GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
14. PORTER’S FIVE FORCES ANALYSIS – GLOBAL AUTOMATIC UNDERWATER VEHICLE (AUV) MARKET
15. POLICY & REGULATORY LANDSCAPE
16. COMPANY PROFILING
16.1Kongsberg Gruppen ASA
16.2Teledyne Technologies Inc.
16.3 Oceaneering International Inc.
16.4 Subsea
16.5 FUGRO
16.6 Boston Engineering
16.7 Lockheed Martin Corporation
16.8 Atlas Elektronik Gmbh
16.8 General Dynamics Mission Systems
16.9 Saab AB
16.10 ECA SA
