Underwater Robotics industry
Underwater Robotics industry by Type (Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicle (AUV)), by Application (Defense & Security, Commercial Exploration, Scientific Research), & by Region — Global Forecast till 2023
Underwater Robotics industry by Type (Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicle (AUV)), by Application (Defense & Security, Commercial Exploration, Scientific Research), & by Region — Global Forecast till 2023
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Underwater Robotics industry Forecast To 2023
Global Underwater Robotics industry - Geographical Analysis
• The global Underwater Robotics industry, based on region, has been segmented into North America, Asia
Pacific (APAC), Europe, and the Rest of the World (RoW). Among these, North America is projected to dominate
the global market over the next couple of years. The U.S. is the most crucial country-level market in the region.
Increasing use of underwater robotics in the U.S. Navy for security is expected to drive market growth over the
evaluation period. In addition, increasing applications in the oil & gas industry for exploration activities is also
anticipated to support the expansion of the Underwater Robotics industry in the region. The U.S. constitutes
around 28% of the total market share and is expected to witness substantial growth pace over the next few
years. The region is also poised to witness a rise in exports, thus, catalyzing market growth.
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