The deep sea robot market is forecasted to grow by USD 2092.15 mn during 2023-2028, accelerating at a CAGR of 12.05% during the forecast period. The report on the deep sea robot market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for oceanography research, growth in offshore oil and gas industries, and rising demand for monitoring and maintenance of deep water pipelines and platforms.
Technavio's deep sea robot market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
10.78%
CAGR
12.05%
Incremental Value
$2092.15mn
By Type
ROV
AUV
Submersible vehicles
By Application
Commercial exploration
Defense and security
Scientific research
By Geographical Landscape
North America
Europe
APAC
Middle East and Africa
South America
This study identifies the increasing deployment of UUVs as one of the prime reasons driving the deep sea robot market growth during the next few years. Also, the emergence of 3D printing and composite materials and advancements in electromagnetic and acoustic sensor technologies will lead to sizable demand in the market.
The report on the deep sea robot market covers the following areas:
Deep sea robot market sizing
Deep sea robot market forecast
Deep sea robot market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading deep-sea robot market vendors that include BAE Systems Plc, Blue Robotics Inc., CRRC Corp. Ltd., Deep Ocean Engineering Inc., DOER Marine, Exail Technologies, Forum Energy Technologies Inc., Halma Plc, International Submarine Engineering Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Lockheed Martin Corp., Mariscope, Nauticus Robotics Inc., Oceaneering International Inc., ROVOP Ltd., Saab AB, Shark Marine Technologies Inc., TechnipFMC plc, and VideoRay LLC. Also, the deep sea robot market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global deep sea robot market 2018 - 2022
4.2 Type Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Type
6.1 Market segments
6.2 Comparison by Type
6.3 ROV - Market size and forecast 2023-2028
6.4 AUV - Market size and forecast 2023-2028
6.5 Submersible vehicles - Market size and forecast 2023-2028
6.6 Market opportunity by Type
7 Market Segmentation by Application
7.1 Market segments
7.2 Comparison by Application
7.3 Commercial exploration - Market size and forecast 2023-2028
7.4 Defense and security - Market size and forecast 2023-2028
7.5 Scientific research - Market size and forecast 2023-2028
7.6 Market opportunity by Application
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 Middle East and Africa - Market size and forecast 2023-2028
9.7 South America - Market size and forecast 2023-2028