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The global autonomous underwater vehicle market size is expected to reach USD 2.10 Billion by 2027 according to a new study by Polaris Market Research. The report u201cAutonomous Underwater Vehicle (AUV) Market Share, Size, Trends, Industry Analysis Report By Technology (Collision avoidance, Navigation, Communication, Imagery, Propulsion); By AUV Type (Shallow, Medium, Large); By Payload (Sensors, Cameras, Synthetic Aperture Sonars, Echo Sounders, Acoustic Doppler Current Profilers, Others); By Application (Army & defense, Petroleum & gas, Environmental security & tracking, Oceanography, Archeology & exploration, Search & rescue activities); By Regions u2013 Segment Forecast, 2020 u2013 2027u201dgives a detailed insight into current market dynamics and provides analysis on future market growth.`<br><br>
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Autonomous Underwater Vehicle MarketSet to Exceed $2.10 Billion by 2026 | CAGR 22.2% Autonomous Underwater Vehicle Market Share, Size, Trends, Industry Analysis Report By Technology (Collision Avoidance, Navigation, Communication, Imagery, Propulsion); By AUV Type (Shallow, Medium, Large); By Payload; By Application; By Regions - Segment Forecast, 2020 - 2027
Autonomous Underwater Vehicle Market Size Worth $2.10 Billion By 2027 | CAGR: 22.2% The global autonomous underwater vehicle market size is expected to reach USD 2.10 Billion by 2027 according to a new study by Polaris Market Research. The report “Autonomous Underwater Vehicle (AUV) Market Share, Size, Trends, Industry Analysis Report By Technology (Collision avoidance, Navigation, Communication, Imagery, Propulsion); By AUV Type (Shallow, Medium, Large); By Payload (Sensors, Cameras, Synthetic Aperture Sonars, Echo Sounders, Acoustic Doppler Current Profilers, Others); By Application (Army & defense, Petroleum & gas, Environmental security & tracking, Oceanography, Archeology & exploration, Search & rescue activities); By Regions – Segment Forecast, 2020 – 2027”gives a detailed insight into current market dynamics and provides analysis on future market growth.` Autonomous underwater vehicles or AUVs can also be used to track illegal trafficking in human beings and drugs alongside the smuggling of products and equipment. Autonomous underwater vehicles are helpful for a broad spectrum of tasks such as shipwrecks, rock formations mapping, and other obstacles that could be hazardous to recreational and commercial navigation ships. Autonomous underwater vehicles are fitted with state-of – the-art sensor systems, such as sonar systems and oceanographic sensors, which, instead of operator interference, can finish the entire task.
Autonomous Underwater Vehicle Market Estimate & Forecast to 2026 Increasing numbers of research operations in the oil & gas industry, combined with growing public expenditure on marine water surveillance to preserve the equilibrium of aquatic life, are anticipated to drive the global AUV market over the forecast period. The creation of an intricate seabed map ensures that petroleum and gas enterprises build pipelines and facilities is assisted by the use of autonomous underwater vehicles. Furthermore, mapping the ocean floors by autonomous underwater vehicles makes installation of submerged floors more cost-effective without harm to the underwater environment. Access Research Report On Autonomous Underwater Vehicle Market Size Autonomous underwater vehicle manufacturers are found to adopt primarily three kinds of approaches, namely acquisitions, collaborations and product launches, to create distinctive brand value and enrich their global market shares. Manufacturers of autonomous underwater vehicles are installing state-of-the-art sensor systems like Sonar. Atlas Elektronik GmbH, Bluefin Robotics, Saab Group, Lockheed Martin Corporation, Boston Engineering Corporation, Oceanserver Technology, International Submarine Engineering (ISE) Ltd., Kongsberg Groups, Teledyne Technologies, Eca Group, Graal, Inc., and Fugro are major players working in the AUV market.
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