Autonomous Diving Drone Trends and Forecast
The future of the global autonomous diving drone market looks promising with opportunities in the commercial, military, and security markets. The global autonomous diving drone market is expected to reach an estimated $7.6 billion by 2030 with a CAGR of 10.4% from 2024 to 2030. The major drivers for this market are increasing need for advanced underwater surveillance, growing demand for offshore energy exploration and production, and escalating adoption of this drone in marine archaeology.
• Lucintel forecasts that wireless is expected to witness the higher growth over the forecast period.
• Within this market, commercial is expected to witness the highest growth.
• North America is expected to witness highest growth over the forecast period.
United States: Company Initiative: Teledyne Marine has introduced the Gavia Osprey AUV, a highly modular underwater drone designed for diverse applications, including mine countermeasures and scientific research. This AUV is equipped with state-of-the-art navigation and payload systems, enhancing its adaptability and performance in various missions. Government Target: The U.S. government, through agencies like DARPA, continues to invest in autonomous underwater drone technologies to maintain maritime superiority and enhance underwater surveillance and reconnaissance capabilities.
India: Company Announcement: Larsen & Toubro (L&T) has partnered with the Defense Research and Development Organisation (DRDO) to develop autonomous underwater drones for coastal and maritime security. These drones are intended to boost IndiaÄX%$%Xs self-reliance in defense technology and support the "Make in India" initiative.
Government Target: The Indian Navy is focusing on integrating advanced autonomous underwater drones into its fleet to enhance maritime domain awareness and secure its extensive coastline against various threats.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Autonomous Diving Drone by Segment
The study includes a forecast for the global autonomous diving drone by type, application, and region.
Autonomous Diving Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Wireless
• Tethered
Autonomous Diving Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Commercial
• Military
• Security
• Others
Autonomous Diving Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Autonomous Diving Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies autonomous diving drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the autonomous diving drone companies profiled in this report include-
• Powervision
• Sofar
• FathomONE
• Robosea
• Deep Trekker
• Aquabotix
• Open ROV
Recent Development in the Autonomous Diving Drone Market
1. Teledyne Marine: Teledyne Marine has launched the Gavia Osprey Autonomous Underwater Vehicle (AUV), which is a highly modular and versatile underwater drone designed for a wide range of applications. These include mine countermeasures, reconnaissance, and scientific research. The Gavia Osprey features advanced navigation systems and customizable payload options, enabling it to adapt to diverse mission requirements and environments. This development underscores Teledyne Marine’s commitment to providing flexible and high-performance underwater solutions that meet the evolving needs of maritime industries and defense sectors.
2. Saab AB: Saab AB has announced significant upgrades to its Sabertooth AUV/ROV, a hybrid vehicle capable of operating both autonomously and remotely. The enhancements include improved battery life, advanced sensor integration, and enhanced navigation systems. These upgrades are designed to extend the operational capabilities of the Sabertooth, making it more effective for long-duration missions in challenging underwater environments. Saab’s initiative reflects the increasing demand for versatile and robust underwater drones that can perform complex tasks with high reliability and precision.
3. Bluefin Robotics (a subsidiary of General Dynamics): Bluefin Robotics has developed the Bluefin-12 AUV, a next-generation autonomous underwater vehicle that offers enhanced endurance and payload capacity. The Bluefin-12 is equipped with advanced sonar systems, improved battery technology, and a modular design that allows for easy integration of various sensors and payloads. This development is aimed at expanding the operational scope of underwater drones in both commercial and military applications, enabling more efficient underwater surveying, mapping, and reconnaissance.
4. Ocean Infinity: Ocean Infinity has expanded its Armada fleet, which includes a range of unmanned surface and underwater vessels designed for autonomous maritime operations. The Armada fleet is equipped with cutting-edge AI and sensor technologies, allowing for high-efficiency data collection and analysis in various underwater environments. This expansion aims to revolutionize maritime operations by providing highly autonomous and efficient solutions for underwater exploration, inspection, and monitoring. Ocean Infinity’s initiative highlights the growing trend towards automation and AI integration in the underwater drone market.
5. Kongsberg Maritime: Kongsberg Maritime has introduced the Hugin Endurance AUV, designed for extended operational range and endurance. The Hugin Endurance is capable of performing long-duration missions without the need for frequent recovery, making it ideal for applications such as deep-sea exploration, environmental monitoring, and underwater infrastructure inspection. This development addresses the increasing demand for persistent underwater surveillance and reconnaissance capabilities, driven by the need for more comprehensive and long-term data collection.
Features of the Global Autonomous Diving Drone Market
Market Size Estimates: Autonomous diving drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Autonomous diving drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Autonomous diving drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the autonomous diving drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the autonomous diving drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the autonomous diving drone market size?
Answer: The global autonomous diving drone market is expected to reach an estimated $7.6 billion by 2030.
Q2. What is the growth forecast for autonomous diving drone market?
Answer: The global autonomous diving drone market is expected to grow with a CAGR of 10.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the autonomous diving drone market?
Answer: The major drivers for this market are increasing need for advanced underwater surveillance, growing demand for offshore energy exploration and production, and escalating adoption of this drone in marine archaeology.
Q4. What are the major segments for autonomous diving drone market?
Answer: The future of the autonomous diving drone market looks promising with opportunities in the commercial, military, and security markets.
Q5. Who are the key autonomous diving drone market companies?
Answer: Some of the key autonomous diving drone companies are as follows:
• Powervision
• Sofar
• FathomONE
• Robosea
• Deep Trekker
• Aquabotix
• Open ROV
Q6. Which autonomous diving drone market segment will be the largest in future?
Answer: Lucintel forecasts that wireless is expected to witness the higher growth over the forecast period.
Q7. In autonomous diving drone market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the autonomous diving drone market by type (wireless and tethered), application (commercial, military, security, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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