Underwater Drone Market - Global Industry Analysis

Underwater Drone Market

Underwater Drone Market by Technological Type (ROV, AUV, and Hybrid), By Application (Research, Defence, Communication, Exploration, and Others), By Product Type (Micro, Small & Medium, Light Work-Class, and Heavy Work-Class), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030

Published Date: 12-Dec-2022 Category: Defense & Security Report Format : PDF Pages: 180 Report Code: ZMR-6954 Status : Published

The global underwater drone market size was estimated to be approximately USD 3.355 billion in 2022 which is expected to grow at the rate (CAGR) of 11.89% over the next seven years to attain a value of 6.63 billion by end of 2030.

Description

Underwater Drone Market Size & Industry Analysis

The global underwater drone market size was estimated to be approximately USD 3.355 billion in 2022 which is expected to grow at the rate (CAGR) of 11.89% over the next seven years to attain a value of 6.63 billion by end of 2030. This report focuses on the underwater drone market, its market drivers, and its challenges. The report also outlines the opportunities available for investors and manufacturers for the underwater drone market, discussing the recent technological developments.

Underwater Drone Market: Overview

Industrial Revolution 3.0 brought machines into the market, and the current Industry 4.0 evolution enables the development of remote, small, and innovative drones. New features are added to drones regularly aiding in expanding the product line of underwater drones. Underwater drones, also known as unmanned underwater vehicles (UUV) are submersible robots that can function under water with or without remote control, without the need for a human occupant.

The market of underwater drones is accelerating at a positive rate given the increase in demand for surveillance, intelligence, and data gathering, due to developments in automation, big data, and analytics. Institutes and companies are using these drones to map the ocean floor for research as well as commercial purposes. Maritime logistics are also employing submerged robots for hull inspection, cleaning, photography, and navigation purposes.

Key Insights

  • As per the analysis shared by our research analyst, the global underwater drone market is estimated to expand annually at a CAGR of around 11.89% over the forecast period (2022-2030)
  • In terms of revenue, the global underwater drone market was valued at nearly USD 3.35 billion in 2021 and is anticipated to hit USD 8.89 billion by 2030
  • The market is projected to expand at a significant rate due to the massive use of underwater robots in maritime logistics and huge demand for automated robots
  • Based on application, defence segment accounted for the largest market share in the year 2021
  • Based on technological type, autonomous underwater vehicle (AUV) is predicted to dominate the global industry over the forecast timeline
  • In terms of region, the Asia-Pacific underwater drone industry is projected to record the highest CAGR of 12.7% during the forecast timeframe

Global Underwater Drone Market

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Underwater Drone Market: Growth Drivers

Manpower shortage, political unrest, and increased COVID protocols to boost market growth

Maritime logistics started to opt for robots to cope with the labor shortages, increasing the demand for automated robots to replace labor operations. Given the political unrest, several other countries are anticipating a worldwide war scenario, which can help drive the demand for underwater drones for defense uses. Increased COVID protocols require companies to reduce manpower, and use automated services, to reduce the chances of COVID infection. Another driver contributing to the growth of the global underwater drone market can be the increase in demand for data-driven processes, for improved risk assessment, and forecasting, which is possible by the use of underwater drones.

Underwater Drone Market: Restraints

Security and data sensitivity concerns expected to restrict global market growth

Underwater drones are remote-controlled, or automated by means of programming and software, making it easier to hack and leak sensitive data. This becomes a threat to the privacy of organizations using underwater drones, thereby hampering the market growth.

Underwater Drone Market: Opportunities

Increased environmental awareness and affinity towards energy-efficient & green products

Increased global awareness related to green and clean energy alternatives to the conventional ones, provides scope for research and development of renewable source-powered drones. For example, the demand for solar and wind-powered underwater vehicles has increased. Ocean Aero developed underwater drones that utilize these energy sources and can operate for several months without the requirement of recharging. Such innovations will likely bring up new growth avenues for the global underwater drone market.

Underwater Drone Market: Challenges

Communication Issues related to AUV drones

AUV drones being completely automated, communication and navigation become issues. These systems communicate using radio signals, which get absorbed in water at a higher rate in comparison to other mediums such as air and vacuum. Radio signals face difficulties in terms of deep-sea communication, posing an issue for the increased application of AUV submerged drones.

Underwater Drone Market: Segmentation Analysis

The global underwater drone market is divided on basis of type, application, product type, and region.

By technological type, the underwater drones market can be divided into remotely operated vehicles, autonomous underwater vehicles, and hybrid vehicles. Hybrid vehicles employ both autonomous as well as remote operation technologies. AUV market segment is expected to account for a major portion of the whole underwater drone market, due to Industry 4.0.

By application, the market can be segregated into research purposes, defense requirements, communications between submerged units & surface units, commercial explorations, and others. The current tense worldwide political scenario will increase the demand for defense drones. On the other hand, increased automation in maritime will account for growth in commercial exploration applications of submerged drones.

In regard to product type, the market can be classified as micro-drones, small & medium drones, light work-class drones, and heavy work-class drones. It is difficult to predict the demands in product type segmentation given the uncertainty of COVID-19 and the continuous evolution of industries and technologies, changing processes worldwide.

 Recent Developments

  • In 2020, new startups such as ecoSUB Robotics and Nido Robotics are providing advanced drones at a fairly cheaper price in comparison to other companies in the market. The new Autonomous Underwater Vehicles (AUVs) developed by ecoSUB Robotics are capable of traveling 500-2500 meters underwater, along with a Graphical Unser Interface (GUI).
  • In May 2021, development of Robot Operating System (ROS), an open-source software collection that provides robotic services, in pandemic times has accelerated the evolution of drones. Though initially released by Stanford Artificial Intelligence Laboratory in 2007, it was updated and a stable version was launched in May 2021.

Underwater Drone Market Report Scope:

Report Attributes Report Details
Report Name Underwater Drone Market Research Report
Market Size in 2021 USD 3.355 Billion
Market Forecast in 2030 USD 6.63 Billion
Compound Annual Growth Rate CAGR of 11.89%
Number of Pages 180
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Chasing, Blueeye Robotics, Robosea, Notilo Plus, Navatics, PowerVision, ECA Group, Deep trekker Inc. and others. These companies manufacture products that give tough competition to others and are in high demand in the underwater drone market. A few new startups have also emerged, that provide a comparative advantage in regards to cost. These are Terradepth, ecoSUB Robotics, Eelume AS, Nido Robotics, and Neptune Robotics.
Segments Covered By Technological Type, By Application, By Product type and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

Underwater Drone Market: Regional Landscape

Europe and North America regions expected to witness substantial growth during forecast period

In current times, Europe and North America are the markets with a high demand in the global  underwater drone market. The presence of several software & data processing companies in these regions and the increased demand for ocean exploration accounts for a significant share of the market in these regions for underwater drones.

Asia Pacific region is following pursuit to enter the western big players of the underwater drone market. China's target to establish a minimum of 40 innovation centers propelled by automation and robotics helps in increasing the supply and demand for underwater drones in this region. The Middle East and Africa are still considered to have the smallest market for underwater drones.

Underwater Drone Market: Competitive Landscape

Well-established companies that have a large share in  the global underwater drone market are Chasing, Blueeye Robotics, Robosea, Notilo Plus, Navatics, PowerVision, ECA Group, Deep trekker Inc. and others. These companies manufacture products that give tough competition to others and are in high demand in the underwater drone market. A few new startups have also emerged, that provide a comparative advantage in regards to cost. These are Terradepth, ecoSUB Robotics, Eelume AS, Nido Robotics, and Neptune Robotics.

The global underwater drone market is segmented as follows:

By Technological Type

  • ROV
  • AUV
  • Hybrid

By Application

  • Research
  • Defense
  • Communication
  • Commercial Exploration
  • Others

By Product type

  • Micro-drones
  • Small & Medium Drones
  • Light Work-Class Drones
  • Heavy Work-Class Drones

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Underwater Drone Market, (2022 - 2030) (USD Billion)
    • 2.2 Global Underwater Drone Market : snapshot
  • Chapter 3. Global Underwater Drone Market - Industry Analysis
    • 3.1 Underwater Drone Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Manpower shortage
      • 3.2.2 political unrest
      • 3.2.3 and increased COVID protocols to boost market growth
    • 3.3 Market Restraints
      • 3.3.1. Security and data sensitivity concerns expected to restrict global market growth
    • 3.4 Market Opportunities
      • 3.4.1. Increased environmental awareness and affinity towards energy-efficient & green products
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Technological Type
      • 3.7.2 Market attractiveness analysis By Application
      • 3.7.3 Market attractiveness analysis By Product type
  • Chapter 4. Global Underwater Drone Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Underwater Drone Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Underwater Drone Market - Technological Type Analysis
    • 5.1 Global Underwater Drone Market overview: By Technological Type
      • 5.1.1 Global Underwater Drone Market share, By Technological Type, 2021 and 2030
    • 5.2 ROV
      • 5.2.1 Global Underwater Drone Market by ROV, 2022 - 2030 (USD Billion)
    • 5.3 AUV
      • 5.3.1 Global Underwater Drone Market by AUV, 2022 - 2030 (USD Billion)
    • 5.4 Hybrid
      • 5.4.1 Global Underwater Drone Market by Hybrid, 2022 - 2030 (USD Billion)
  • Chapter 6. Global Underwater Drone Market - Application Analysis
    • 6.1 Global Underwater Drone Market overview: By Application
      • 6.1.1 Global Underwater Drone Market share, By Application, 2021 and 2030
    • 6.2 Research
      • 6.2.1 Global Underwater Drone Market by Research, 2022 - 2030 (USD Billion)
    • 6.3 Defense
      • 6.3.1 Global Underwater Drone Market by Defense, 2022 - 2030 (USD Billion)
    • 6.4 Communication
      • 6.4.1 Global Underwater Drone Market by Communication, 2022 - 2030 (USD Billion)
    • 6.5 Commercial Exploration
      • 6.5.1 Global Underwater Drone Market by Commercial Exploration, 2022 - 2030 (USD Billion)
    • 6.6 Others
      • 6.6.1 Global Underwater Drone Market by Others, 2022 - 2030 (USD Billion)
  • Chapter 7. Global Underwater Drone Market - Product type Analysis
    • 7.1 Global Underwater Drone Market overview: By Product type
      • 7.1.1 Global Underwater Drone Market share, By Product type, 2021 and 2030
    • 7.2 Micro-drones
      • 7.2.1 Global Underwater Drone Market by Micro-drones, 2022 - 2030 (USD Billion)
    • 7.3 Small & Medium Drones
      • 7.3.1 Global Underwater Drone Market by Small & Medium Drones, 2022 - 2030 (USD Billion)
    • 7.4 Light Work-Class Drones
      • 7.4.1 Global Underwater Drone Market by Light Work-Class Drones, 2022 - 2030 (USD Billion)
    • 7.5 Heavy Work-Class Drones
      • 7.5.1 Global Underwater Drone Market by Heavy Work-Class Drones, 2022 - 2030 (USD Billion)
  • Chapter 8. Underwater Drone Market - Regional Analysis
    • 8.1 Global Underwater Drone Market Regional Overview
    • 8.2 Global Underwater Drone Market Share, by Region, 2021 & 2030 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Underwater Drone Market, 2022 - 2030 (USD Billion)
        • 8.3.1.1 North America Underwater Drone Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 North America Underwater Drone Market, by Technological Type, 2022 - 2030
      • 8.4.1 North America Underwater Drone Market, by Technological Type, 2022 - 2030 (USD Billion)
    • 8.5 North America Underwater Drone Market, by Application, 2022 - 2030
      • 8.5.1 North America Underwater Drone Market, by Application, 2022 - 2030 (USD Billion)
    • 8.6 North America Underwater Drone Market, by Product type, 2022 - 2030
      • 8.6.1 North America Underwater Drone Market, by Product type, 2022 - 2030 (USD Billion)
    • 8.4. Europe
      • 8.4.2 Europe Underwater Drone Market, 2022 - 2030 (USD Billion)
        • 8.4.2.1 Europe Underwater Drone Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 Europe Underwater Drone Market, by Technological Type, 2022 - 2030
      • 8.4.1 Europe Underwater Drone Market, by Technological Type, 2022 - 2030 (USD Billion)
    • 8.5 Europe Underwater Drone Market, by Application, 2022 - 2030
      • 8.5.1 Europe Underwater Drone Market, by Application, 2022 - 2030 (USD Billion)
    • 8.6 Europe Underwater Drone Market, by Product type, 2022 - 2030
      • 8.6.1 Europe Underwater Drone Market, by Product type, 2022 - 2030 (USD Billion)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Underwater Drone Market, 2022 - 2030 (USD Billion)
        • 8.5.3.1 Asia Pacific Underwater Drone Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 Asia Pacific Underwater Drone Market, by Technological Type, 2022 - 2030
      • 8.4.1 Asia Pacific Underwater Drone Market, by Technological Type, 2022 - 2030 (USD Billion)
    • 8.5 Asia Pacific Underwater Drone Market, by Application, 2022 - 2030
      • 8.5.1 Asia Pacific Underwater Drone Market, by Application, 2022 - 2030 (USD Billion)
    • 8.6 Asia Pacific Underwater Drone Market, by Product type, 2022 - 2030
      • 8.6.1 Asia Pacific Underwater Drone Market, by Product type, 2022 - 2030 (USD Billion)
    • 8.6. Latin America
      • 8.6.4 Latin America Underwater Drone Market, 2022 - 2030 (USD Billion)
        • 8.6.4.1 Latin America Underwater Drone Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 Latin America Underwater Drone Market, by Technological Type, 2022 - 2030
      • 8.4.1 Latin America Underwater Drone Market, by Technological Type, 2022 - 2030 (USD Billion)
    • 8.5 Latin America Underwater Drone Market, by Application, 2022 - 2030
      • 8.5.1 Latin America Underwater Drone Market, by Application, 2022 - 2030 (USD Billion)
    • 8.6 Latin America Underwater Drone Market, by Product type, 2022 - 2030
      • 8.6.1 Latin America Underwater Drone Market, by Product type, 2022 - 2030 (USD Billion)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Underwater Drone Market, 2022 - 2030 (USD Billion)
        • 8.7.5.1 The Middle-East and Africa Underwater Drone Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 The Middle-East and Africa Underwater Drone Market, by Technological Type, 2022 - 2030
      • 8.4.1 The Middle-East and Africa Underwater Drone Market, by Technological Type, 2022 - 2030 (USD Billion)
    • 8.5 The Middle-East and Africa Underwater Drone Market, by Application, 2022 - 2030
      • 8.5.1 The Middle-East and Africa Underwater Drone Market, by Application, 2022 - 2030 (USD Billion)
    • 8.6 The Middle-East and Africa Underwater Drone Market, by Product type, 2022 - 2030
      • 8.6.1 The Middle-East and Africa Underwater Drone Market, by Product type, 2022 - 2030 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Chasing
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Blueeye Robotics
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Robosea
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Notilo Plus
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Navatics
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 PowerVision
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 ECA Group
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Deep trekker Inc.
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 ecoSUB Robotics
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Eelume AS
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Nido Robotics
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Neptune Robotics.
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Underwater Drone Market, 2022 - 2030 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Underwater Drone Market attractiveness, By Technological Type
  • 6. Global Underwater Drone Market attractiveness, By Application
  • 7. Global Underwater Drone Market attractiveness, By Product type
  • 8. Global Underwater Drone Market share by Technological Type, 2022 and 2030 (USD Billion)
  • 9. Global Underwater Drone Market by ROV, 2022 - 2030 (USD Billion)
  • 10. Global Underwater Drone Market by AUV, 2022 - 2030 (USD Billion)
  • 11. Global Underwater Drone Market by Hybrid, 2022 - 2030 (USD Billion)
  • 12. Global Underwater Drone Market share by Application, 2022 and 2030 (USD Billion)
  • 13. Global Underwater Drone Market by Research, 2022 - 2030 (USD Billion)
  • 14. Global Underwater Drone Market by Defense, 2022 - 2030 (USD Billion)
  • 15. Global Underwater Drone Market by Communication, 2022 - 2030 (USD Billion)
  • 16. Global Underwater Drone Market by Commercial Exploration, 2022 - 2030 (USD Billion)
  • 17. Global Underwater Drone Market by Others, 2022 - 2030 (USD Billion)
  • 18. Global Underwater Drone Market share by Product type, 2022 and 2030 (USD Billion)
  • 19. Global Underwater Drone Market by Micro-drones, 2022 - 2030 (USD Billion)
  • 20. Global Underwater Drone Market by Small & Medium Drones, 2022 - 2030 (USD Billion)
  • 21. Global Underwater Drone Market by Light Work-Class Drones, 2022 - 2030 (USD Billion)
  • 22. Global Underwater Drone Market by Heavy Work-Class Drones, 2022 - 2030 (USD Billion)
  • 23. Global Underwater Drone Market share, by Region, 2022 and 2030
  • 24. North America Underwater Drone Market, 2022 - 2030 (USD Billion)
  • 25. Europe Underwater Drone Market, 2022 - 2030 (USD Billion)
  • 26. Asia Pacific Underwater Drone Market, 2022 - 2030 (USD Billion)
  • 27. Latin America Underwater Drone Market, 2022 - 2030 (USD Billion)
  • 28. The Middle-East and Africa Underwater Drone Market, 2022 - 2030 (USD Billion)

Table Of Tables

  • 1. Global Underwater Drone Market: Snapshot
  • 2. Drivers of the Underwater Drone Market: impact analysis
  • 3. North America Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 4. North America Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 5. North America Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 6. U.S. Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 7. U.S. Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 8. U.S. Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 9. Canada Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 10. Canada Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 11. Canada Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 12. Europe Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 13. Europe Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 14. Europe Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 15. Germany Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 16. Germany Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 17. Germany Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 18. France Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 19. France Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 20. France Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 21. U.K. Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 22. U.K. Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 23. U.K. Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 24. Italy Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 25. Italy Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 26. Italy Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 27. Spain Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 28. Spain Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 29. Spain Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 30. Rest of Europe Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 31. Rest of Europe Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 32. Rest of Europe Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 33. Asia Pacific Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 34. Asia Pacific Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 35. Asia Pacific Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 36. China Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 37. China Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 38. China Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 39. Japan Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 40. Japan Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 41. Japan Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 42. India Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 43. India Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 44. India Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 45. South Korea Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 46. South Korea Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 47. South Korea Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 48. South-East Asia Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 49. South-East Asia Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 50. South-East Asia Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 51. Rest of Asia Pacific Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 52. Rest of Asia Pacific Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 53. Rest of Asia Pacific Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 54. Latin America Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 55. Latin America Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 56. Latin America Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 57. Brazil Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 58. Brazil Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 59. Brazil Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 60. Mexico Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 61. Mexico Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 62. Mexico Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 63. Rest of Latin America Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 64. Rest of Latin America Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 65. Rest of Latin America Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 66. The Middle-East and Africa Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 67. The Middle-East and Africa Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 68. The Middle-East and Africa Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 69. GCC Countries Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 70. GCC Countries Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 71. GCC Countries Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 72. South Africa Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 73. South Africa Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 74. South Africa Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)
  • 75. Rest of Middle-East Africa Underwater Drone Market revenue, By Technological Type, 2022 - 2030 (USD Billion)
  • 76. Rest of Middle-East Africa Underwater Drone Market revenue, By Application, 2022 - 2030 (USD Billion)
  • 77. Rest of Middle-East Africa Underwater Drone Market revenue, By Product type, 2022 - 2030 (USD Billion)

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FrequentlyAsked Questions

The global underwater drone market is projected to expand notably owing to surge in demand for data-driven processes and need for improving risk assessment and forecasting.

According to study, the global underwater drone market size was worth around USD 3.35 billion in 2021 and is predicted to grow to around USD 8.89 billion in 2030 with a compound annual growth rate (CAGR) of roughly 11.89% between 2022 and 2030.

The global underwater drone market is anticipated to be dominated by the Europe and North America in the coming years owing to large-scale demand for sea exploration activities. In addition to this, massive presence of data processing and software firms in these regions will expand the scope of regional market growth.

The global underwater drone market is led by players like General Dynamics Corporation, Deep trekker Inc., The Boeing Company, Blueeye Robotics, Navatics, ROBOSEA, Notilo Plus, Eelume AS, Neptune Robotics, Terradepth, Inc., Deep Ocean Engineering, Inc., ecoSUB Robotics Limited, Nido Robotics, and Lockheed Martin Corporation.

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