Published Date : 2024-Nov-26
The global underwater robotics market is poised for significant growth in 2024, driven by advancements in technology, increased demand for underwater exploration, and the growing need for maritime security and environmental monitoring. Underwater robotics, including Remotely Operated Vehicles (ROVs) and Autonomous Underwater Vehicles (AUVs), play a crucial role in industries such as oil & gas, defense, marine research, and underwater archaeology.
Below are the top 10 leading companies in this market, including Oceaneering, Saab, Kongsberg Gruppen, Fugro, Blue Robotics, HydroSurv, SMD (Soil Machine Dynamics Ltd.), ECA Group, Ocean Infinity and Teledyne Marine.
Underwater Robotics Market Size, Share & Trends Analysis Report By Type (Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicles (AUV)), By Application (Defense & Security, Commercial Exploration, Scientific Research, Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast Till 2031.
The market for Underwater Robotics was valued at approximately USD 5.07 Billion in 2023. Over the course of the forecast period (2024–2031), the market is expected to develop at a compound annual growth rate (CAGR) of 14.5%, reaching a value of USD 14.15 Billion by 2031.
Get Insights: https://bit.ly/4g61djS
The global underwater robotics market continues to grow, driven by increasing demands for offshore exploration, environmental monitoring, and defense applications. Companies like Oceaneering, Saab, Kongsberg, and Fugro lead the charge, offering a mix of ROVs and AUVs suited to various industries. The market is seeing expansion into emerging regions, with significant investments in autonomous systems and innovations designed to meet the increasing demands for deep-sea exploration, security, and environmental sustainability. These top companies are well-positioned to shape the future of underwater robotics, providing cutting-edge solutions to industries worldwide.
Oceaneering International is a global leader in engineered services and robotics for offshore industries, particularly in underwater exploration and subsea operations. With over five decades of experience, the company leverages its expertise in remotely operated vehicles (ROVs), mobile robotic systems, and other advanced technologies to serve a variety of sectors, including oil & gas, defense, aerospace, and renewable energy.
Regional & Segment Analysis: Oceaneering is a global leader in providing remotely operated vehicles (ROVs) for offshore oil and gas operations. It also serves the defense, aerospace, and entertainment industries. The company has a strong presence in North America and Europe, with a growing footprint in Asia-Pacific due to increasing demand for offshore energy solutions.
Saab is a Swedish multinational company specializing in defense and security solutions, including advanced underwater robotics. Known for its cutting-edge technologies, Saab provides Remotely Operated Vehicles (ROVs) and Autonomous Underwater Vehicles (AUVs) tailored for defense, maritime surveillance, underwater exploration, and environmental monitoring.
Regional & Segment Analysis: Saab provides advanced underwater robotics for defense and security applications, including autonomous underwater vehicles (AUVs). With a strong presence in Europe, Saab is expanding its market in North America and Asia-Pacific. The company focuses on AUVs for military surveillance, environmental monitoring, and offshore energy exploration.
Kongsberg Gruppen, commonly referred to as Kongsberg, is a Norwegian multinational technology company with a strong reputation in defense, maritime, and industrial solutions. The company is a major player in underwater robotics, offering advanced Autonomous Underwater Vehicles (AUVs) and Remotely Operated Vehicles (ROVs) for various applications, including defense, offshore energy, and marine research.
Regional & Segment Analysis: Kongsberg is a key player in both AUV and ROV markets, providing technology for underwater exploration and maritime defense. It has a significant presence in Europe and North America, serving oil & gas, defense, and marine research sectors. The company is focusing on sustainable underwater solutions, including smart ocean systems.
Fugro is a leading Dutch multinational specializing in geo-data acquisition and analysis for offshore and onshore projects. The company uses advanced underwater robotics, including Autonomous Underwater Vehicles (AUVs) and Remotely Operated Vehicles (ROVs), to support industries such as energy, infrastructure, marine research, and environmental monitoring. Fugro is widely recognized for its expertise in subsea mapping and geophysical surveys.
Regional & Segment Analysis: Fugro provides integrated offshore geotechnical and geophysical survey services, utilizing advanced underwater robotics for subsea mapping and monitoring. Its major markets include oil & gas, renewables, and marine research, with a strong footprint in Europe, North America, and Asia-Pacific.
Blue Robotics is a California-based company that has gained recognition for its cost-effective and innovative underwater robotic products. The company focuses on providing accessible solutions for industries, researchers, and hobbyists, offering a range of Remotely Operated Vehicles (ROVs), thrusters, and sensors. Blue Robotics is committed to democratizing underwater exploration by delivering high-quality, affordable robotics technology.
Regional & Segment Analysis: Blue Robotics is known for its innovative, cost-effective underwater robotics solutions. The company focuses on creating affordable AUVs and ROVs for research, commercial, and hobbyist markets. While primarily serving North America and Europe, it is expanding into Asia and other emerging markets with its growing product line.
HydroSurv is a UK-based company specializing in autonomous surface and underwater robotic solutions for marine and freshwater applications. The company focuses on environmental sustainability, providing tools for data acquisition, coastal management, and offshore infrastructure monitoring. HydroSurv’s innovative approach and commitment to eco-friendly technologies have positioned it as a rising player in the underwater robotics market.
Regional & Segment Analysis: HydroSurv specializes in autonomous surface vessels (ASVs) and AUVs for marine survey applications, including offshore energy, environmental monitoring, and geophysical surveys. The company mainly operates in Europe, with a growing presence in North America and Asia-Pacific.
Soil Machine Dynamics Ltd. (SMD) is a UK-based global leader in subsea robotics and engineering solutions. With decades of expertise, the company specializes in the design and manufacture of remotely operated vehicles (ROVs), trenching systems, and autonomous subsea tools for industries including energy, telecommunications, mining, and defense. SMD’s innovative technologies are integral to seabed operations in harsh environments.
Regional & Segment Analysis: SMD designs and manufactures a range of ROVs for subsea operations, including cable installation and underwater construction. It has a strong presence in the oil & gas, renewables, and subsea engineering sectors. Its market reach spans Europe, North America, and the Middle East.
ECA Group is a French company specializing in advanced robotic systems, automation, and technology solutions for naval, defense, and industrial applications. With a strong focus on underwater robotics, ECA Group develops cutting-edge Autonomous Underwater Vehicles (AUVs), Remotely Operated Vehicles (ROVs), and Unmanned Surface Vehicles (USVs) designed for operations such as mine countermeasures, underwater inspection, and environmental monitoring.
Regional & Segment Analysis: ECA Group develops advanced underwater robotics, including AUVs and ROVs, for defense, maritime, and industrial applications. The company has a strong presence in Europe and is expanding its footprint in North America and the Asia-Pacific region, with a focus on autonomous systems and security applications.
Ocean Infinity is a pioneering company specializing in marine robotics and autonomous systems for deep-sea exploration, data collection, and subsea surveying. The company uses a fleet of advanced autonomous underwater vehicles (AUVs) and surface vessels to support industries including offshore energy, marine research, and environmental monitoring. Ocean Infinity is best known for its innovative approach to data-driven exploration and its ability to carry out complex, large-scale operations in remote ocean environments.
Regional & Segment Analysis: Ocean Infinity specializes in autonomous underwater vehicles (AUVs) for marine surveying, environmental monitoring, and search and recovery operations. It has a growing market presence in North America, Europe, and Asia, especially in the offshore energy, environmental, and defense sectors.
Teledyne Marine is a leading global provider of innovative subsea systems and equipment, specializing in underwater robotics, oceanographic instruments, and sensors. The company is part of Teledyne Technologies, a broader enterprise that serves a range of industries, including aerospace, defense, and energy. Teledyne Marine is known for its comprehensive portfolio of underwater technologies, including remotely operated vehicles (ROVs), autonomous underwater vehicles (AUVs), hydrographic survey equipment, and oceanographic sensors.
Regional & Segment Analysis: Teledyne Marine offers a broad range of underwater robotics, sensors, and systems for industrial and scientific applications. Its AUVs and ROVs serve industries like defense, oil & gas, environmental monitoring, and deep-sea exploration. Teledyne has a strong global presence, with a significant share of the market in North America, Europe, and Asia-Pacific.
Contact Us:
Follow Us: LinkedIn
Email: sales@intellectualmarketinsights.com
Call Us: +1 (814) 487 8486
