Aviation News
Press release distribution service
Home > Aviation News & Resources
Aviation Industry
  • Aviation News
  • Business Aviation
  • Commercial Aviation
  • Defense
  • Submit News

    Watch Aviation News

  • Airbus News
  • Airlines News
  • Airport News
  • Aviation News
  • Boeing News

  • Autonomous Underwater Vehicles Market by Type expected to worth 497.9 Million USD by 2022

    (Aviation-NewsWire.Com, October 11, 2016 ) According to the new market research report on the "Autonomous Underwater Vehicles Market by Type (Shallow, Medium, and Large AUVs), Technology (Collision Avoidance, Communication, Navigation, Propulsion, Sonar, and Imaging), Application (Oil & Gas, Oceanography, Military & Defense) - Global Forecast to 2022", Autonomous Underwater Vehicles Market is expected to grow from USD 211.8 Million in 2016 to USD 497.9 Million in 2022, at a CAGR of 15.31% during the forecast period.



    Free PDF Brochure Download: http://www.marketsandmarkets.com/pdfdownload.asp?id=141855626



    Browse 68 market data Tables and 59 Figures spread through 149 Pages and in-depth TOC on "Autonomous Underwater Vehicles Market".



    Early buyers will receive 10% customization on this report.



    The autonomous underwater vehicle market is driven by the features and specifications possessed by autonomous underwater vehicles necessary for carrying out active and vigorous research, the growing importance of more reliable security measures across the globe, and increase in the offshore oil & gas production. The high rate of adoption of autonomous underwater vehicles for military & defense applications considering the ability to reach large depths is also one the key factors driving the autonomous underwater vehicle market in North America.



    Large AUVs are expected to lead the global AUV market between 2016 and 2022



    Large AUVs held a major market share in 2015 and is expected to grow between 2016 and 2022. The deep operating capability (more than 1,000 meters) of large AUVs makes them suitable for applications such oceanography, habitat research, and search and salvage operations applications. Apart from this, the large AUVs have been adopted vastly for the mine countermeasure application in the military & defense sector. These are the key factors contributing to a large market share of large AUVs among other types of the AUVs in this market.



    http://www.marketsandmarkets.com/Market-Reports/autonomous-underwater-vehicles-market-141855626.html



    The military & defense application is expected to hold the largest market share in 2016



    There would be a significant rise in the market for the military & defense application between 2016 and 2022; many countries such as the U.S., Canada, France, and China have been adopting autonomous underwater vehicles for the military & defense applications such as border security and surveillance, antisubmarine warfare, monitoring smuggling of illegal goods, environmental assessment, and mine countermeasures. Many incidences such as Malaysian flight MH-370 crash have been increasing, leading to increased adoption of AUVs for search and salvage operations.



    The AUV market in the APAC region is expected to grow at the highest rate between 2016 and 2022



    The market in the APAC region is expected to grow at the highest CAGR between 2016 and 2022. The increasing energy needs backed by the high GDP growth rate in developing countries such as China and India creates opportunities for AUV manufacturers and propels the growth of the AUV market in APAC. North America is expected to capture the largest share of the AUV market in 2016. The high rate of adoption of autonomous underwater vehicles in the U.S. for military & defense applications is the key driving factor for the growth of the market in North America.



    Report Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=141855626



    The present market is dominated by the players such as Kongsberg Maritime AS (Norway), Teledyne Gavia ehf. (Iceland), Bluefin Robotics Corporation (U.S.), ECA Group (France), and SaaB Group (Sweden) among many others.



    About MarketsandMarkets



    MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.



    M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.



    We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.



    Contact:

    Mr.Rohan

    MarketsandMarkets

    701 Pike Street

    Suite 2175, Seattle,

    WA 98101, United States

    USA : 1-888-600-6441

    Email: sales@marketsandmarkets.com

    Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

    Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

    Website: http://www.marketsandmarkets.com/

    MarketsandMarkets

    Mr. Rohan

    09970434541

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Aviation News & Resources

    Aviation Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Governing
    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Aviation-Newswire.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    Aviation-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC