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Autonomous Underwater Vehicle Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Autonomous Underwater Vehicle Manufacturing Market Research Report | Industrial Machinery, Gas & Chemicals | Specialized Vehicle Manufacturing | Apr 2016

Deep success: Ongoing product improvements and increasing commercial use will spur growth

The Autonomous Underwater Vehicle Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
General Dynamics Mission Systems General Dynamics Mission Systems market share
Kongsberg Maritime Kongsberg Maritime market share
Lockheed Martin Mission Systems and Training Lockheed Martin Mission Systems and Training market share
Industry Statistics & Market Size
Revenue
$328m
Annual Growth 11-16
15.7%
Annual Growth 16-21
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Profit
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Employment
1,480
Businesses
15
Industry Analysis & Industry Trends

The Autonomous Underwater Vehicle (AUV) Manufacturing industry is dominated by a few small operators. AUVs have historically been used for a limited number of tasks due to the technology available. However, as uses are increasing with better technology, the industry is rapidly growing. Strong revenue growth will continue over the next five years as AUVs are increasingly used in commercial scenarios.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Autonomous Underwater Vehicle Manufacturing industry has a low to moderate level of concentration, defined as the four largest players accounting for just below 40.0% of total industry revenue. Major players Kongsberg Maritime, General Dynamics Mission Systems and Lockheed Martin combined represent just over 32.0% of industry revenue. Over the past five years, concentration has mostly increased as companies like General Dynamic won large defense contracts and acquired other players. The total market size is small, with only 15 firms operating domestically with $320.0 million in revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Autonomous Underwater Vehicle Manufacturing Industry?

This industry includes companies that manufacture autonomous underwater vehicles (AUVs), which are vessels that travel underwater without an operator and with its own power source. AUVs are used for commercial purposes, mainly in the oil and gas industries, military use and research purposes.

Industry Products
AUVs operating in up to 30m of waterAUVs operating in up to 200m of waterAUVs operating in greater than 200m of water
 
Industry Activities
Providing AUV maintenance servicesManufacturing AUVs for depths less than 200mManufacturing AUVs for depths greater than 200m


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