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Autonomous Marine Vehicles Global Market Report 2024 - By share, Trends, Growth And Demand, Forecast To 2033

07-17-2024 08:37 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Autonomous Marine Vehicles Market

Autonomous Marine Vehicles Market

"The new report published by The Business Research Company, titled ""Autonomous Marine Vehicles Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the autonomous marine vehicles market size has grown rapidly in recent years. It will grow from $2.68 billion in 2023 to $3.11 billion in 2024 at a compound annual growth rate (CAGR) of 16.2%. The autonomous marine vehicles market size is expected to see rapid growth in the next few years. It will grow to $5.72 billion in 2028 at a compound annual growth rate (CAGR) of 16.4%.

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Rise In Hydrographic And Oceanographic Surveys Boosts Autonomous Marine Vehicles Market Growth
The autonomous marine vehicles market is being driven by a rise in hydrographic, oceanographic, and environmental surveys conducted globally. A hydrographic survey measure describes and maps features that can be found underwater. The main purpose of conducting these surveys is to produce navigational charts essential for the safe transit of vessels. An oceanographic survey helps with the accurate understanding of marine and freshwater environments for port and harbor development, wastewater and industrial outfalls, power plant intakes and outfalls, and offshore disposals. An autonomous surface vehicle (ASV) provides an efficient method of undertaking a hydrographic survey, as it saves both cost and time. It is also flexible and convenient, which allows for faster deployment for several survey requirements, from event surveys to large coastal surveys. For instance, according to the world's first autonomous hydrographic survey, by 4D Ocean, after the channel Coastal Observatory (CCO) commissioned it to carry out a hydrographic survey of the seabed that is offshore of Hurst Spit, Western Solent, with the help of a SeaRobotics ASV 2.5.

Regulations Related To Water Managemet
The International Maritime Organization (IMO) has regulations related to ballast water management in marine vehicles. Ballast water is defined as water that is pumped inside a marine vehicle to maintain safe operating conditions and operations. Regulation D-3 by the IMO requires that ballast water management systems that use active substances be approved following the specifications defined by the IMO. As per the International Convention for the Control and Management of Ships' Ballast Water and Sediments, active substances are those that include a virus or a fungus, having a general or specific action on or against harmful aquatic organisms or pathogens. Hence, regulations such as these would keep a check on manufacturers of ballast water management systems as well as the companies in the autonomous marine vehicle market.

The autonomous marine vehicles market covered in this report is segmented -
1) By Type: Surface Vehicle, Underwater Vehicle
2) By Technology: Imaging, Navigation, Communication, Collision Avoidance, Propulsion
3) By Application: Military And Defense, Archeological, Exploration, Oil And Gas, Environmental Protection And Monitoring, Search And Salvage Operations, Oceanography

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Major companies operating in the autonomous marine vehicles market report are L3Harris Technologies, Inc, BAE Systems, General Dynamics (Bluefin Robotics), Kongsberg, Saab AB, Rafael Advanced Defense Systems Ltd., Textron Inc., Huntington Ingalls Industries, Teledyne Technologies, Inc, Atlas Elektronik, Daewoo Shipbuilding & Marine Engineering Co., Mitsubishi Heavy Industries, DSME, Samsung Heavy Industries, Tsuneishi Holdings, Cochin Shipyard Limited, Hindustan Shipyard Limited, Ocius Technology Ltd, China International Marine Containers (Group) Co Ltd, CIMC Modular Building Investment Co., Ltd, Beijing Jiatie Multimodal Transport Consulting Service Co., Ltd, Naval Yards Kiel GmbH, Lloyd Werft Bremerhaven, Neptune Werft GmbH, Schiffswerft Hermann Barthel GmbH, Meyer Werft, STX, PIRIOU, SOCARENAM, CMN: Chantiers naval de Normandie, A&P Group Tyne Shipyard, Cammell Laird, Parkol Marine Engineering, NAUTA, Remontowa, Seatech Engineering, CRIST S A, Marine Projects Ltd SP, PO SEVMASH, AO, OSK, Admiralteiskie Verfi, Severnaya Verf, Pella, NEVSKI SSZ, Vard Tulcea, Santierul Naval Damen Galati, Damen Shipyards Mangalia, Shipyard ATG Giurgiu, Bravo Zulu, DuXion, Open Ocean Robotics, RBR, The SailTimer, International Submarine Engineering, Beaverlabs, NAVEMAR SA, Alianza Uruguay, Servicios Nauticos S.R.L, World Shipping Agenciamentos, Posidonia, Atlantic Shipping, Sultrade Shipping Agency, Vit Logistica, Latam Cargo, Global Marine Services, Al Seer Marine Supplies & Equipment Company L.L.C, Saudi Aramco, Aselsan A.S, Sefine Shipyard, Safmarine, Ethiopian Shipping Lines

Contents of the report:
1. Executive Summary
2. Autonomous Marine Vehicles Market Report Structure
3. Autonomous Marine Vehicles Market Trends And Strategies
4. Autonomous Marine Vehicles Market - Macro Economic Scenario
5. Autonomous Marine Vehicles Market Size And Growth
…..
27. Autonomous Marine Vehicles Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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