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
Annual Growth 11-16
Annual Growth 16-21
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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 SWOT Analysis Chapter

The Autonomous Underwater Vehicle Manufacturing (AUV) industry is in the growth stage of its life cycle. In the 10 years to 2021, industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to rise at an annualized rate of 11.8%. Comparatively, GDP is forecast to rise at an average annual rate of 2.2% over the same time frame. Typically, IVA growth that far ahead of GDP growth indicates a growing industry.

Another indicator of the industry's growth is the high rate of technological change. Advancements in computing power and the capability and miniaturization of AUV components such as cameras, sonars and sensors have made AUVs far more capable and practical for commercial and military use, as well as less expensive... 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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