Autonomous Marine Vehicles Market Size, Trends and Insights By Type (Unmanned Surface Vehicles, Unmanned Underwater Vehicles, Autonomous Ships, Others), By Application (Defense, Commercial, Scientific Research, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI35310

Published Date: November 2023

Pages: 320+

Category: Technology

Report Snapshot

CAGR: 14.75%
2.2B
2022
2.5B
2023
4.10B
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Kongsberg Gruppen
  • L3Harris Technologies
  • General Dynamics Mission Systems
  • Saab Group
  • Others

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

The Global Autonomous Marine Vehicles Market is poised for substantial growth from 2023 to 2032, driven by factors such as the increasing need for efficient and cost-effective maritime operations, advancements in autonomous technology, and a growing focus on maritime safety and security.

The market is expected to achieve a Compound Annual Growth Rate (CAGR) of approximately 14.75% during this period. In 2023, the market is estimated to be valued at USD 2.5 Billion, and it is projected to reach USD 4.10 Billion by 2032.

Autonomous marine vehicles, known for their ability to operate without direct human intervention, offer a wide range of applications in defense, commercial, and scientific research sectors, contributing to their market growth.

The global Autonomous Marine Vehicles Market is experiencing growth due to various factors, including:

  • Efficiency and Cost Savings: Autonomous marine vehicles offer more cost-effective and efficient solutions for various maritime operations. They reduce the need for human crews, which can lead to substantial savings in labor costs and operational expenses.
  • Advancements in Autonomous Technology: Continuous advancements in autonomous technology, including sensors, artificial intelligence, and navigation systems, enable the development of highly capable and reliable autonomous marine vehicles.
  • Maritime Safety and Security: The need for enhanced maritime safety and security measures, including surveillance, anti-piracy operations, and environmental monitoring, drives the demand for autonomous marine vehicles.
  • Scientific Research: Autonomous marine vehicles are essential for scientific research, particularly in oceanography, marine biology, and geology. They enable researchers to collect data from remote and challenging marine environments, contributing to scientific knowledge.
  • Environmental Monitoring: Monitoring and studying marine ecosystems and climate change require the use of autonomous vehicles capable of collecting real-time data in diverse marine conditions. This is crucial for environmental protection and research.
  • Defense Applications: The defense sector utilizes autonomous marine vehicles for applications such as mine countermeasures, intelligence, surveillance, and reconnaissance (ISR), and underwater warfare. These vehicles offer tactical advantages and reduce the risk to human crews.
  • Commercial Shipping and Logistics: Autonomous ships and unmanned surface vehicles are being explored for cargo transport, logistics, and offshore operations. They aim to increase efficiency, reduce operational costs, and improve logistics processes.
  • Underwater Exploration: Autonomous underwater vehicles (AUVs) are crucial for deep-sea exploration, underwater archaeology, and the inspection of undersea infrastructure, offering access to areas that are difficult to reach by humans.
  • Oil and Gas Industry: The oil and gas sector employs autonomous marine vehicles for pipeline inspections, offshore platform maintenance, subsea exploration, and the monitoring of underwater infrastructure.
  • Remote Sensing and Data Collection: Autonomous marine vehicles are used to gather data on ocean conditions, marine life, and geological features, benefiting a variety of industries, including meteorology, oceanography, and marine resource management.
  • Navigation and Mapping: Autonomous marine vehicles equipped with advanced mapping capabilities contribute to navigational safety and the development of detailed underwater maps, reducing the risk of accidents and enhancing maritime navigation.
  • Disaster Response and Recovery: Autonomous marine vehicles play a role in disaster response and recovery operations, including search and rescue missions in maritime disasters. They can rapidly survey and assess affected areas.
  • Fisheries and Aquaculture: Monitoring and managing fisheries and aquaculture activities benefit from the use of autonomous marine vehicles. They assist in tracking fish populations, monitoring fishing activities, and promoting sustainable practices.
  • Scientific Collaboration: Collaborative research projects and international initiatives drive the deployment of autonomous marine vehicles for joint scientific endeavors, fostering innovation and knowledge sharing.
  • Environmental Protection: Autonomous marine vehicles contribute to environmental protection efforts by monitoring pollution, preventing illegal fishing, and enforcing maritime regulations, leading to a cleaner and more sustainable marine environment.

Global Autonomous Marine Vehicles Market – Mergers and Acquisitions

  • Kongsberg Gruppen’s Acquisition of Rolls-Royce Commercial Marine (2019): Kongsberg Gruppen, a Norwegian technology company, acquired Rolls-Royce’s Commercial Marine division. This acquisition enhanced Kongsberg’s capabilities in autonomous and remote-operated systems for the maritime industry, strengthening its position in the autonomous marine vehicles market.
  • L3Harris Technologies’ Merger with Leidos Holdings (2019): L3Harris Technologies, a global aerospace and defense technology company, merged with Leidos Holdings. This merger created a leading technology and defense solutions company with expertise in autonomous systems for maritime and defense applications.
  • General Dynamics Mission Systems’ Acquisition of Bluefin Robotics (2016): General Dynamics Mission Systems, a leading defense and aerospace company, acquired Bluefin Robotics, a specialist in autonomous underwater vehicles (AUVs). This acquisition expanded General Dynamics’ underwater technology portfolio and strengthened its position in the AUV market.
  • Saab Group’s Collaboration with Ocean Infinity (2020): Saab Group, a Swedish defense and aerospace company, partnered with Ocean Infinity to advance autonomous underwater systems. The collaboration focused on applications such as seabed mapping and exploration, enhancing Saab’s offerings in autonomous marine technology.
  • Boeing’s Investment in Liquid Robotics (2014): Boeing, a major aerospace company, invested in Liquid Robotics, a pioneer in wave-powered, autonomous ocean systems. This investment supported the development of autonomous marine vehicles, particularly in ocean data collection and surveillance.
  • Teledyne Technologies’ Acquisition of Gavia (2018): Teledyne Technologies, a leading provider of instrumentation and digital imaging solutions, acquired Gavia, a manufacturer of autonomous underwater vehicles. This acquisition strengthened Teledyne’s position in the AUV market, expanding its range of offerings.
  • ECA Group’s Acquisition by CNIM Group (2020): ECA Group, a specialist in robotics and maritime systems, was acquired by CNIM Group, a French industrial engineering company. This acquisition enhanced CNIM Group’s offerings in autonomous marine technology, including unmanned maritime systems.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Autonomous Marine Vehicles Market Submarine Cable Market Marine Lithium-ion Battery Market
CAGR 14.75% (Approx) CAGR 10% (Approx) CAGR 16% (Approx)
USD 4.10 Billion by 2032 USD 35 Billion by 2032 USD 821 Million by 2032

Challenges Impacting the Autonomous Marine Vehicles Market:

  • Data Security and Cybersecurity: Protecting the data and communication systems of autonomous marine vehicles from cyber threats, ensuring secure remote operation, and safeguarding against hacking or data breaches are critical.
  • Environmental Impact: Ensuring that autonomous marine vehicles are environmentally friendly, use sustainable energy sources, and minimize their impact on marine ecosystems, including avoiding oil spills, noise pollution, and disruption to marine life.
  • Regulatory Compliance: Adherence to international maritime regulations and standards is crucial. Autonomous marine vehicles must comply with laws related to vessel registration, navigational rules, and safety equipment, and meet international standards such as the International Maritime Organization’s (IMO) guidelines.
  • Public Perception and Acceptance: Building public trust and acceptance of autonomous marine vehicles is essential, particularly in areas with concerns about environmental and ecological impacts, safety, and the potential displacement of human workers.
  • Maintenance and Repairs: Developing strategies for the maintenance, repairs, and servicing of autonomous marine vehicles in remote and challenging marine environments is a significant concern. This includes addressing issues like subsea repairs and maintenance.
  • Training and Skill Development: Building a skilled workforce capable of operating and maintaining autonomous marine vehicles is essential for the industry’s growth. Training programs and educational initiatives are necessary to develop the necessary skills and knowledge.
  • Ethical and Legal Considerations: Ethical and legal issues related to autonomous marine vehicles, such as the rights and responsibilities of these vehicles, need to be addressed as the technology continues to evolve. Liability and accountability frameworks must be established.
  • Interoperability: Ensuring the compatibility and interoperability of autonomous marine vehicles with existing maritime infrastructure and systems is a key challenge, especially when integrating these vehicles into established maritime operations.
  • Integration of AI and Machine Learning: Leveraging AI and machine learning for autonomous decision-making and navigation requires ongoing research and development to improve accuracy and real-time adaptation to changing conditions.
  • Remote Sensing and Communication: Ensuring effective remote sensing, communication, and control in remote marine environments, including deep-sea locations, can be technically challenging.
  • Supply Chain Management: Maintaining a secure and efficient supply chain is crucial for autonomous marine vehicles. Delays, disruptions, or inconsistencies in the supply chain can impact production and availability of products and components.
  • Ethical Use of Technology: Ensuring that autonomous marine vehicles are used for ethical purposes and avoiding their application in illegal activities, such as smuggling, piracy, or unauthorized data collection.
  • Financial Investment: Securing the necessary financial resources for research, development, and deployment of autonomous marine technology can be a challenge, particularly for smaller companies and startups.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 2.5 Billion
Projected Market Size in 2032 USD 4.10 Billion
Market Size in 2022 USD 2.2 Billion
CAGR Growth Rate 14.75% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Type, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-wise Analysis:

By Type:

  • Unmanned Surface Vehicles: Autonomous surface vessels are used for various applications, including surveillance, data collection, and maritime security.
  • Unmanned Underwater Vehicles: Autonomous underwater vehicles (AUVs) designed for underwater exploration, research, and inspection.
  • Autonomous Ships: Fully autonomous ships that operate without onboard crew members, suitable for cargo transport and other maritime operations.
  • Others: Additional types may include hybrid autonomous marine vehicles and novel concepts in autonomous maritime technology.

By Application:

  • Defense: Military and defense applications, including surveillance, intelligence, reconnaissance, anti-submarine warfare, and mine countermeasures.
  • Commercial: Commercial applications, such as cargo transport, offshore operations, shipping, and maritime logistics, utilizing autonomous ships and unmanned surface vehicles.
  • Scientific Research: Autonomous marine vehicles are used in scientific research for oceanography, marine biology, geology, and environmental studies.
  • Others: Applications in disaster response, fisheries, aquaculture, environmental monitoring, and various niche sectors.

Global Autonomous Marine Vehicles Market 2023–2032 (By Billion)

www.custommarketinsight.com

Autonomous Marine Vehicles Market – Regional Analysis:

North America:

  • United States: The United States is a significant hub for autonomous marine technology development and deployment. The U.S. Navy and maritime research institutions drive the advancement of autonomous marine vehicles for defense and scientific research applications.
  • Canada: Canada’s Arctic regions and extensive coastlines create opportunities for the use of autonomous marine vehicles in surveillance, environmental studies, and defense applications.

Europe:

  • Western Europe: Countries such as Norway, France, and the UK have a strong presence in the development and use of autonomous marine vehicles. Their focus extends to commercial and defense applications, including offshore operations and environmental monitoring.
  • Eastern Europe: Eastern European nations, such as Russia, are exploring autonomous marine technology for underwater exploration and defense applications in the Baltic and Black Sea regions.

Asia-Pacific:

  • China: China’s expanding maritime interests and naval capabilities contribute to the growth of autonomous marine technology. This growth spans defense, surveillance, and environmental monitoring applications.
  • India: India’s maritime research institutions and security needs drive the adoption of autonomous marine vehicles, particularly for scientific research in the Indian Ocean region.
  • Southeast Asia: Southeast Asian countries utilize autonomous marine vehicles for environmental monitoring, maritime safety measures, and scientific research, contributing to regional stability.

Latin America:

  • Brazil: Brazil’s coastal regions and offshore activities create demand for autonomous marine vehicles in surveillance, exploration, and offshore operations.
  • Mexico: Mexico’s maritime trade and security interests drive the adoption of autonomous marine technology for various applications, including surveillance and environmental monitoring.

Middle East and Africa:

  • Middle East: The Middle East’s focus on maritime security and surveillance, particularly in the Persian Gulf and the Red Sea, makes it a significant market for autonomous marine technology.
  • Africa: African countries with marine interests, such as South Africa, utilize autonomous marine vehicles for research and surveillance purposes, with a focus on the southern and western coastlines.

Oceania:

  • Australia: Australia’s extensive coastline and marine research efforts lead to the use of autonomous marine vehicles in scientific research, environmental monitoring, and surveillance, with a particular focus on the Great Barrier Reef and southern oceans.

Global Autonomous Marine Vehicles Market 2023–2032 (By Application)

www.custommarketinsight.com

List of the prominent players in the Autonomous Marine Vehicles Market:

  • Kongsberg Gruppen
  • L3Harris Technologies
  • General Dynamics Mission Systems
  • Saab Group
  • Boeing
  • Liquid Robotics (A Boeing Company)
  • Teledyne Technologies
  • ECA Group
  • Lockheed Martin
  • Ocean Infinity
  • Others

The Autonomous Marine Vehicles Market is segmented as follows:

By Type

  • Unmanned Surface Vehicles
  • Unmanned Underwater Vehicles
  • Autonomous Ships
  • Others

By Application

  • Defense
  • Commercial
  • Scientific Research
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Autonomous Marine Vehicles Market, (2023 – 2032) (USD Billion)
    • 2.2 Global Autonomous Marine Vehicles Market: snapshot
  • Chapter 3. Global Autonomous Marine Vehicles Market – Industry Analysis
    • 3.1 Autonomous Marine Vehicles Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Efficiency and Cost Savings
      • 3.2.2 Advancements in Autonomous Technology
      • 3.2.3 Maritime Safety and Security
      • 3.2.4 Scientific Research
      • 3.2.5 Environmental Monitoring
      • 3.2.6 Defense Applications
      • 3.2.7 Commercial Shipping and Logistics
      • 3.2.8 Underwater Exploration
      • 3.2.9 Oil and Gas Industry
      • 3.2.10 Remote Sensing and Data Collection
      • 3.2.11 Navigation and Mapping
      • 3.2.12 Disaster Response and Recovery
      • 3.2.13 Fisheries and Aquaculture
      • 3.2.14 Scientific Collaboration
      • 3.2.15 Environmental Protection.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Type
      • 3.7.2 Market Attractiveness Analysis By Application
  • Chapter 4. Global Autonomous Marine Vehicles Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Autonomous Marine Vehicles Market: Company Market Share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Autonomous Marine Vehicles Market – Type Analysis
    • 5.1 Global Autonomous Marine Vehicles Market Overview: By Type
      • 5.1.1 Global Autonomous Marine Vehicles Market Share, By Type, 2022 and 2032
    • 5.2 Unmanned Surface Vehicles
      • 5.2.1 Global Autonomous Marine Vehicles Market by Unmanned Surface Vehicles, 2023 – 2032 (USD Billion)
    • 5.3 Unmanned Underwater Vehicles
      • 5.3.1 Global Autonomous Marine Vehicles Market by Unmanned Underwater Vehicles, 2023 – 2032 (USD Billion)
    • 5.4 Autonomous Ships
      • 5.4.1 Global Autonomous Marine Vehicles Market by Autonomous Ships, 2023 – 2032 (USD Billion)
    • 5.5 Others
      • 5.5.1 Global Autonomous Marine Vehicles Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 6. Global Autonomous Marine Vehicles Market – Application Analysis
    • 6.1 Global Autonomous Marine Vehicles Market Overview: By Application
      • 6.1.1 Global Autonomous Marine Vehicles Market Share, By Application, 2022 and 2032
    • 6.2 Defense
      • 6.2.1 Global Autonomous Marine Vehicles Market by Defense, 2023 – 2032 (USD Billion)
    • 6.3 Commercial
      • 6.3.1 Global Autonomous Marine Vehicles Market by Commercial, 2023 – 2032 (USD Billion)
    • 6.4 Scientific Research
      • 6.4.1 Global Autonomous Marine Vehicles Market by Scientific Research, 2023 – 2032 (USD Billion)
    • 6.5 Others
      • 6.5.1 Global Autonomous Marine Vehicles Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 7. Autonomous Marine Vehicles Market – Regional Analysis
    • 7.1 Global Autonomous Marine Vehicles Market Regional Overview
    • 7.2 Global Autonomous Marine Vehicles Market Share, by Region, 2022 & 2032 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Autonomous Marine Vehicles Market, 2023 – 2032 (USD Billion)
        • 7.3.1.1 North America Autonomous Marine Vehicles Market, by Country, 2023 – 2032 (USD Billion)
    • 7.4 North America Autonomous Marine Vehicles Market, by Type, 2023 – 2032
      • 7.4.1 North America Autonomous Marine Vehicles Market, by Type, 2023 – 2032 (USD Billion)
    • 7.5 North America Autonomous Marine Vehicles Market, by Application, 2023 – 2032
      • 7.5.1 North America Autonomous Marine Vehicles Market, by Application, 2023 – 2032 (USD Billion)
    • 7.6. Europe
      • 7.6.1 Europe Autonomous Marine Vehicles Market, 2023 – 2032 (USD Billion)
        • 7.6.1.1 Europe Autonomous Marine Vehicles Market, by Country, 2023 – 2032 (USD Billion)
    • 7.7 Europe Autonomous Marine Vehicles Market, by Type, 2023 – 2032
      • 7.7.1 Europe Autonomous Marine Vehicles Market, by Type, 2023 – 2032 (USD Billion)
    • 7.8 Europe Autonomous Marine Vehicles Market, by Application, 2023 – 2032
      • 7.8.1 Europe Autonomous Marine Vehicles Market, by Application, 2023 – 2032 (USD Billion)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Autonomous Marine Vehicles Market, 2023 – 2032 (USD Billion)
        • 7.9.1.1 Asia Pacific Autonomous Marine Vehicles Market, by Country, 2023 – 2032 (USD Billion)
    • 7.10 Asia Pacific Autonomous Marine Vehicles Market, by Type, 2023 – 2032
      • 7.10.1 Asia Pacific Autonomous Marine Vehicles Market, by Type, 2023 – 2032 (USD Billion)
    • 7.11 Asia Pacific Autonomous Marine Vehicles Market, by Application, 2023 – 2032
      • 7.11.1 Asia Pacific Autonomous Marine Vehicles Market, by Application, 2023 – 2032 (USD Billion)
    • 7.12. Latin America
      • 7.12.1 Latin America Autonomous Marine Vehicles Market, 2023 – 2032 (USD Billion)
        • 7.12.1.1 Latin America Autonomous Marine Vehicles Market, by Country, 2023 – 2032 (USD Billion)
    • 7.13 Latin America Autonomous Marine Vehicles Market, by Type, 2023 – 2032
      • 7.13.1 Latin America Autonomous Marine Vehicles Market, by Type, 2023 – 2032 (USD Billion)
    • 7.14 Latin America Autonomous Marine Vehicles Market, by Application, 2023 – 2032
      • 7.14.1 Latin America Autonomous Marine Vehicles Market, by Application, 2023 – 2032 (USD Billion)
    • 7.15. The Middle East and Africa
      • 7.15.1 The Middle-East and Africa Autonomous Marine Vehicles Market, 2023 – 2032 (USD Billion)
        • 7.15.1.1 The Middle-East and Africa Autonomous Marine Vehicles Market, by Country, 2023 – 2032 (USD Billion)
    • 7.16 The Middle-East and Africa Autonomous Marine Vehicles Market, by Type, 2023 – 2032
      • 7.16.1 The Middle-East and Africa Autonomous Marine Vehicles Market, by Type, 2023 – 2032 (USD Billion)
    • 7.17 The Middle-East and Africa Autonomous Marine Vehicles Market, by Application, 2023 – 2032
      • 7.17.1 The Middle-East and Africa Autonomous Marine Vehicles Market, by Application, 2023 – 2032 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 Kongsberg Gruppen
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 L3Harris Technologies
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 General Dynamics Mission Systems
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Saab Group
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Boeing
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Liquid Robotics (A Boeing Company)
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Teledyne Technologies
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 ECA Group
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Lockheed Martin
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Ocean Infinity
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 Others.
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
List Of Figures

Figures No 1 to 22

List Of Tables

Tables No 1 to 52

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Kongsberg Gruppen
  • L3Harris Technologies
  • General Dynamics Mission Systems
  • Saab Group
  • Boeing
  • Liquid Robotics (A Boeing Company)
  • Teledyne Technologies
  • ECA Group
  • Lockheed Martin
  • Ocean Infinity
  • Others

FAQs

The key factors driving the Market are Efficiency and Cost Savings, Advancements in Autonomous Technology, Maritime Safety and Security, Scientific Research, Environmental Monitoring, Defense Applications, Commercial Shipping and Logistics, Underwater Exploration, Oil and Gas Industry, Remote Sensing and Data Collection, Navigation and Mapping, Disaster Response and Recovery, Fisheries and Aquaculture, Scientific Collaboration And Environmental Protection.

The “Unmanned Surface Vehicles” category dominated the market in 2022.

The key players in the market are Kongsberg Gruppen, L3Harris Technologies, General Dynamics Mission Systems, Saab Group, Boeing, Liquid Robotics (A Boeing Company), Teledyne Technologies, ECA Group, Lockheed Martin, Ocean Infinity, Others.

“North America” had the largest share in the Autonomous Marine Vehicles Market.

The global market is projected to grow at a CAGR of 14.75% during the forecast period, 2023-2032.

The Autonomous Marine Vehicles Market size was valued at USD 2.5 Billion in 2023.

PURCHASE OPTIONS

$

3490


$

4490


$

5490


$

1950


powerbi pdf
$

6200

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • PDF, Excel, Power Point and Power BI.
  • Every Year Free Update ( Apr – Apr)
  • Personalized market brief by author
  • Can be accessible by unlimited users.
  • Free 50% or 90 hours of customization.
  • Up to 50 Company Profiles
  • Free post-sale service assistance with guarantee
  • 40% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account team.
  • Service guarantee available.

Want to customize this report?
100% FREE CUSTOMIZATION!