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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 | May 2013

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

IBISWorld’s Autonomous Underwater Vehicle Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Bluefin Robotics Bluefin Robotics market share
Boeing Boeing market share
Kongsberg Maritime Kongsberg Maritime market share
Industry Statistics & Market Size
Revenue
$157m
Annual Growth 08-13
13.8%
Annual Growth 13-18
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Profit
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Employment
866
Businesses
8
Industry Analysis & Industry Trends

The Autonomous Underwater Vehicle (AUV) Manufacturing industry is dominated by a few small firms. 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 growing rapidly. Strong revenue growth will continue over the next five years as AUVs are increasingly used in commercial scenarios.... purchase to read more

Industry Report - Starting a New Business Chapter

The Autonomous Underwater Vehicle Manufacutirng industry has high and increasing barriers to entry due to several factors. Because of the high degree of specialization and engineering expertise of AUVs, it requires significant investment in R&D and high fixed capital costs to produce quality navigational, measuring and control instruments. The industry has a high level of technology change, which can hinder the entry of new operators. Gaining access to the latest technology is essential to remaining competitive. The industry is also heavily regulated due to heavy AUV use in military applications, which can deter the entry of new players. Firms must be able to comply with government regulation to successfully enter the industry... 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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