The Business Research Company’s Autonomous Marine Vehicles Global Market Report 2021: COVID-19 Growth And Change
LONDON, GREATER LONDON, UK, August 23, 2021 /EINPresswire.com/ — According to the new market research report ‘Autonomous Marine Vehicles Global Market Report 2021 – COVID-19 Growth And Change’ published by The Business Research Company, the autonomous marine vehicles market is expected to grow from $3.18 billion in 2020 to $3.43 billion in 2021 at a compound annual growth rate (CAGR) of 7.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The autonomous marine vehicles market is expected to reach $5.1 billion in 2025 at a CAGR of 10.4%. The autonomous marine vehicles market is being driven by a rise in hydrographic, oceanographic and environmental surveys conducted globally.
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The autonomous marine vehicles market consists of sales of autonomous marine vehicles. Autonomous marine vehicles are robotic equipment that travel below or on the surface of water, without requiring input from a human operator.
Trends In The Global Autonomous Marine Vehicles Market
Maritime drone swarming for better surveillance and investigation capabilities is an emerging trend in the autonomous marine vehicles market. Maritime drone swarms are a large group of underwater vehicles moving together for a particular purpose. The drone swarm has a wide range of capabilities in defense applications, since it is capable of performing surveillance and investigation tasks followed by defensive or offensive countermeasures. As the swarm works collectively to navigate through the underwater environment, it senses a wider area in a quick time by making use of a number of sensing techniques to build a comprehensive map of the environment. For instance, the European Union (EU) is currently funding a research project called Ocean2020 which will facilitate a combination of drones and unmanned submarines into swarms or fleet units.
Global Autonomous Marine Vehicles Market Segments:
The global autonomous marine vehicles market is further segmented based on type, application, technology and geography.
By Type: Surface Vehicle, Underwater Vehicle
By Application: Military & Defense, Archeological, Exploration, Oil & Gas, Environmental Protection And Monitoring, Search And Salvage Operations, Oceanography
By Technology: Imaging, Navigation, Communication, Collision Avoidance, Propulsion
By Geography: The global autonomous marine vehicle market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Autonomous Marine Vehicles Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides autonomous marine vehicles market overviews, analyzes and forecasts market size and growth for the global autonomous marine vehicles market, autonomous marine vehicles market share, autonomous marine vehicles market players, autonomous marine vehicles market segments and geographies, autonomous marine vehicles market’s leading competitors’ revenues, profiles and market shares. The autonomous marine vehicles market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Autonomous Marine Vehicles Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12
Autonomous Marine Vehicles Market Organizations Covered: ASV Global/ASV Unmanned Marine Systems, Atlas Elektronik, Teledyne Technologies, ECA Group, Sea Robotics Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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