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Autonomous Marine Vehicle Trends and Forecast
The future of the global autonomous marine vehicle market looks promising with opportunities in the military and defense, archeological, exploration, oil and gas, environmental protection and monitoring, search and salvage operation, and oceanography markets. The global autonomous marine vehicle market is expected to reach an estimated $4.87 billion by 2030 with a CAGR of 13.5% from 2024 to 2030. The major drivers for this market are increase in government support, growing advancements in technology, and surge in oceanographic surveys and increasing defense expenditure.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Autonomous Marine Vehicle by Segment
The study includes a forecast for the global autonomous marine vehicle by type, technology, application, and region.
Autonomous Marine Vehicle Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Surface Vehicles
• Underwater Vehicles
Autonomous Marine Vehicle Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Imaging
• Navigation
• Communication
• Collision Avoidance
• Propulsion
Autonomous Marine Vehicle Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Military and Defense
• Archeological
• Exploration
• Oil and Gas
• Environmental Protection and Monitoring
• Search and Salvage Operations
• Oceanography
Autonomous Marine Vehicle Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Autonomous Marine Vehicle Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies autonomous marine vehicle companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the autonomous marine vehicle companies profiled in this report include-
• L3Harris Technologies
• Bae Systems
• General Dynamics
• Kongsberg
• Saab
• Rafael Advanced Defense Systems
• Textron
Autonomous Marine Vehicle Market Insights
Lucintel forecasts that underwater vehicle is expected to witness the higher growth over the forecast period as it is self-guiding and self-powered.
Within this market, military and defense will remain the largest segment due to increase in marine security threats like underwater mines and submarine attacks.
APAC is expected to witness highest growth over the forecast period due to significnatlly growing autonomous marine technology in the region.
Features of the Global Autonomous Marine Vehicle Market
Market Size Estimates: Autonomous marine vehicle market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Autonomous marine vehicle market size by type, technology, application, and region in terms of value ($B).
Regional Analysis: Autonomous marine vehicle market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, technologies, applications, and regions for the autonomous marine vehicle market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the autonomous marine vehicle market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the autonomous marine vehicle market size?
Answer: The global autonomous marine vehicle market is expected to reach an estimated $4.87 billion by 2030.
Q2. What is the growth forecast for autonomous marine vehicle market?
Answer: The global autonomous marine vehicle market is expected to grow with a CAGR of 13.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the autonomous marine vehicle market?
Answer: The major drivers for this market are increase in government support, growing advancements in technology and surge in oceanographic surveys and increasing defense expenditure.
Q4. What are the major segments for autonomous marine vehicle market?
Answer: The future of the autonomous marine vehicle market looks promising with opportunities in the military and defense, archeological, exploration, oil and gas, environmental protection and monitoring, search and salvage operation, and oceanography markets.
Q5. Who are the key autonomous marine vehicle market companies?
Answer: Some of the key autonomous marine vehicle companies are as follows:
• L3Harris Technologies
• Bae Systems
• General Dynamics
• Kongsberg
• Saab
• Rafael Advanced Defense Systems
• Textron
Q6. Which autonomous marine vehicle market segment will be the largest in future?
Answer: Lucintel forecasts that underwater vehicle is expected to witness the higher growth over the forecast period as it is self-guiding and self-powered.
Q7. In autonomous marine vehicle market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to significnatlly growing autonomous marine technology in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the autonomous marine vehicle market by type (surface vehicle and underwater vehicle), technology (imaging, navigation, communication, collision avoidance, and propulsion), application (military and defense, archeological, exploration, oil and gas, environmental protection and monitoring, search and salvage operations, and oceanography), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Autonomous Marine Vehicle Market, Autonomous Marine Vehicle Market Size, Autonomous Marine Vehicle Market Growth, Autonomous Marine Vehicle Market Analysis, Autonomous Marine Vehicle Market Report, Autonomous Marine Vehicle Market Share, Autonomous Marine Vehicle Market Trends, Autonomous Marine Vehicle Market Forecast, Autonomous Marine Vehicle Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Autonomous Marine Vehicle Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Autonomous Marine Vehicle Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Autonomous Marine Vehicle Market by Type
3.3.1: Surface Vehicles
3.3.2: Underwater Vehicles
3.4: Global Autonomous Marine Vehicle Market by Technology
3.4.1: Imaging
3.4.2: Navigation
3.4.3: Communication
3.4.4: Collision Avoidance
3.4.5: Propulsion
3.5: Global Autonomous Marine Vehicle Market by Application
3.5.1: Military and Defense
3.5.2: Archeological
3.5.3: Exploration
3.5.4: Oil and Gas
3.5.5: Environmental Protection and Monitoring
3.5.6: Search and Salvage Operations
3.5.7: Oceanography
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Autonomous Marine Vehicle Market by Region
4.2: North American Autonomous Marine Vehicle Market
4.2.2: North American Autonomous Marine Vehicle Market by Application: Military and Defense, Archeological, Exploration, Oil and Gas, Environmental Protection and Monitoring, Search and Salvage Operations, and Oceanography
4.3: European Autonomous Marine Vehicle Market
4.3.1: European Autonomous Marine Vehicle Market by Type: Surface Vehicle and Underwater Vehicle
4.3.2: European Autonomous Marine Vehicle Market by Application: Military and Defense, Archeological, Exploration, Oil and Gas, Environmental Protection and Monitoring, Search and Salvage Operations, and Oceanography
4.4: APAC Autonomous Marine Vehicle Market
4.4.1: APAC Autonomous Marine Vehicle Market by Type: Surface Vehicle and Underwater Vehicle
4.4.2: APAC Autonomous Marine Vehicle Market by Application: Military and Defense, Archeological, Exploration, Oil and Gas, Environmental Protection and Monitoring, Search and Salvage Operations, and Oceanography
4.5: ROW Autonomous Marine Vehicle Market
4.5.1: ROW Autonomous Marine Vehicle Market by Type: Surface Vehicle and Underwater Vehicle
4.5.2: ROW Autonomous Marine Vehicle Market by Application: Military and Defense, Archeological, Exploration, Oil and Gas, Environmental Protection and Monitoring, Search and Salvage Operations, and Oceanography
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Autonomous Marine Vehicle Market by Type
6.1.2: Growth Opportunities for the Global Autonomous Marine Vehicle Market by Technology
6.1.3: Growth Opportunities for the Global Autonomous Marine Vehicle Market by Application
6.1.4: Growth Opportunities for the Global Autonomous Marine Vehicle Market by Region
6.2: Emerging Trends in the Global Autonomous Marine Vehicle Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Autonomous Marine Vehicle Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Autonomous Marine Vehicle Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: L3Harris Technologies
7.2: BAE Systems
7.3: General Dynamics
7.4: Kongsberg
7.5: Saab
7.6: Rafael Advanced Defense Systems
7.7: Textron
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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