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APAC Autonomous Underwater Vehicle Market to indicates a remarkable CAGR of 37.2% by 2030 | Lockheed Martin Corp, RTSYS, Teledyne Technologies Incorporated
Apac Autonomous Underwater Vehicle Market Scope:
- Market size value in 2023 - USD 315.4 Million
- Market size value in 2030 - USD 3,030.1 Million
- CAGR (2023-2030) - 37.2%
- Forecast Period - 2023-2030
- Historic Data - 2019
- Segments Covered - AUV Shape, Depth Rating, Propulsion System, AUV Speed, Application & Region
- Geographies Covered - Asia Pacific
- Sample of Companies Covered - BAE Systems, KONGSBERG, L3Harris Technologies, Inc.,
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Browse in-depth TOC on Apac Autonomous Underwater Vehicle Market
- 104 - Tables
- 74 - Figures
- 298 - Pages
Market Dynamics
Drivers:
- Growing military expenditure
- Increased demand for AUVs for commercial applications
Opportunities:
- Rapid expansion of autonomous underwater vehicles (AUVs) in oceanographic research
- Rising Maritime Security Concerns
The Apac Autonomous Underwater Vehicle Market is dominated by India.
India emerges as a dominant country in the APAC autonomous underwater vehicle (AUV) market, driven by several key factors. Strategic government initiatives and investments in marine research and defense bolster the demand for AUVs in various applications such as oceanography, underwater exploration, and surveillance. Secondly, the rapid expansion of offshore industries, including oil and gas exploration, renewable energy, and underwater mining, fuels the need for advanced AUV technologies for efficient operations and monitoring. Additionally, India's burgeoning maritime security concerns, coupled with its vast coastline and strategic maritime interests, further stimulate the adoption of AUVs for naval surveillance and underwater defense applications. These factors collectively position India as a frontrunner in the APAC AUV market, commanding a significant market share and fostering technological advancements in the region.
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Top Key Players covered in the report:
- Atlas Elektronik GmbH (AEG)
- BAE Systems
- KONGSBERG
- L3Harris Technologies, Inc.
- Lockheed Martin Corp
- RTSYS
- Teledyne Technologies Incorporated
- Xylem
Segmentations Analysis of Apac Autonomous Underwater Vehicle Market: -
By AUV Shape:
- o Torpedo Shape
- o Cylindrical/Hydrodynamic Shape
- o Bio-inspired AUVs
- o Gliders
- o Blimp Shape
- o Hybrid AUVs
- o Others
By Depth Rating:
- o Up to 1,000 m
- o Up to 3,000 m
- o Up to 6,000 m
By Propulsion System:
- o Battery Powered
- o Fuel Cell Powered
- o Hybrid
By AUV Speed:
- o Up to 4 Knots/Hour
- o 4 - 12 Knots/Hour
- o Above 12 Knots / Hour
By Application:
- o Commercial Applications
- o Seabed Mapping and Imaging
- o Geophysical Site Inspection
- o Pipeline and Subsea Structure Inspection
- o Oceanographic Surveys
- o Environmental Monitoring
- o Marine Geological Survey
- o Search Operations
- o Other
- o Defence Applications
- o Mine Countermeasures - MCM
- o Rapid Environmental Assessment - REA
- o Intelligence, Surveillance and Reconnaissance - ISR
By Region:
- o Asia Pacific
- o China
- o Japan
- o South Korea
- o India
- o Thailand
- o Indonesia
- o Malaysia
- o Vietnam
- o Australia & New Zealand
- o Rest of Asia Pacific
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