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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 | Aug 2014

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

IBISWorld’s Autonomous Underwater Vehicle Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Bluefin Robotics Bluefin Robotics market share
GDAIS GDAIS market share
Kongsberg Maritime Kongsberg Maritime market share
Industry Statistics & Market Size
Revenue
$174m
Annual Growth 09-14
12.7%
Annual Growth 14-19
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Profit
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Employment
610
Businesses
9
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 - Industry Investment Chapter

The Autonomous Underwater Vehicle Manufacturing industry has a low level of capital intensity. On average, industry operators only spend about $0.06 on capital expenditures for every dollar spent wages. Labor costs are high and represent about 31.6% of industry revenue while depreciation costs, used as a proxy for capital expenditures, is low at about 1.9% of industry revenue. Over the past five years, capital intensity has gradually increased as revenue increased strongly and more production processes were automated. Wages' share of revenue steadily declined from about 36.4% in 2009 down to 31.6% in 2014, while depreciation costs remained constant at about 1.9% of industry 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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