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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

The Autonomous Underwater Vehicle (AUV) Manufacturing industry is a relatively young industry. First developed in the 1960s, the industry recorded its first sale in 1985. Since then, the industry has experienced strong growth as AUV usage has expanded to more commercial applications. In particular, AUV systems are increasingly being used by oil and gas industries for offshore drilling purposes. In the five years to 2014, IBISWorld estimates that industry revenue will increase at an average annual rate of 12.7% to $174.2 million. This includes projected growth of 8.1% in 2014.

Underwater vehicles can be broadly classified into manned and unmanned systems. AUVs are a type of unmanned submersible vessel that contains its own power source and accomplishes a predefined task... 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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