Underwater Robot Market

Underwater Robot Market Study by Remote-Operated Vehicles and Autonomous Underwater Vehicles for Commercial, Defense & Security, and Research from 2024 to 2034

Analysis of Underwater Robot Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Underwater Robot Market Outlook (2024 to 2034)

The global underwater robot market size is valued at US$ 1.54 billion in 2024, as studied in the updated research report released by Fact.MR. Revenue from the sales of underwater robots is projected to increase at a CAGR of 13.7% and reach US$ 5.57 billion by the end of 2034. Rising demand for underwater robots in offshore oil & gas industries is attributed to the requirements for scientific research and sea exploration.

The growing use of underwater robots for rescue, salvage, and repair operations is contributing to the global market growth in the coming 10 years. The increasing utilization of underwater vehicles in the navy, police forces, and military for various operations, including surveillance and reconnaissance, intelligence gathering, inspection and identification, miner countermeasures, oceanography, payload delivery, etc., is forecasted to generate prospects for market players going forward.

In recent years, underwater robots have been gaining prominence, especially because of growing requirements for searching and exploring more offshore oil & gas reserves. Furthermore, constant technological advancements in these automated machines are also anticipated to drive global market growth. Various types of underwater robots are operating in multiple offshore industries. They also find applications in academic and applied oceanographic sciences.

Underwater robots are available with lights and cameras, which are anticipated to assist end users with a vision in the dark ocean. Further, they are expected to assist end users in establishing communication with respective operators and thus result in improved efficiency of the research and exploration activities. Underwater archeology, defense, marine biology, infrastructure inspection, and maritime security are some of the key application areas of underwater robots.

  • Worldwide demand for remote-operated vehicles is forecasted to increase at a CAGR of 13.5% and reach a worth of US$ 3.02 billion by the end of 2034.
  • East Asia is approximated to account for 23.7% share of the global market by 2034.
  • Sales of underwater robots in South Korea are evaluated to rise at 14% CAGR from 2024 to 2034.
Report Attribute Detail
Underwater Robot Market Size (2024E) US$ 1.54 Billion
Forecasted Market Value (2034F) US$ 5.57 Billion
Global Market Growth Rate (2024 to 2034) 13.7% CAGR
Market Share of Commercial Segment (2034F) 38.9%
North America Market Share (2034F) 26.8%
Japan Market Growth Rate (2024 to 2034) 14% CAGR
Key Companies Profiled Eddyfi Technologies; General Dynamics Mission Systems Inc.; ECA Group; Oceaneering International; Atlas Elektronik; Saab AB; Deep Ocean Engineering Inc.; Soil Machine Dynamics Ltd.; Bluefin Robotics Corp; International Submarine Engineering; TechnipFMC Plc.; Schilling Robotics LLC; VideoRay LLC.

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What is Responsible for Expanding Underwater Robot Market Size?

“Underwater Infrastructure Inspection Igniting Sales of Robots for Remote Use”

More people now are willing to invest to experience life underwater. They are investing in underwater hotels or related infrastructure. In addition, scarcity of water resources, increasing consumption of electricity, etc., are leading to the construction of giant dams to match requirements. Dams are used as a barricade controlling or confining gush of subsurface brooks or surface water. Moreover, an increase in investment in dam maintenance is also forecasted to generate demand for underwater robots.

For the construction of a dam, inspection, and analysis of the site is pivotal. Therefore, underwater robots are employed significantly for effective conduction of research and assistance in construction activities. After dam construction, constant inspection is required to prevent any disaster due to which an increase in the employment of underwater robots is witnessed, particularly in huge dams. Therefore, underwater infrastructure development is set to create remunerative opportunities for manufacturers of underwater robots.

Which Drawbacks are Restraining Underwater Robot Market Growth?

“High Product Cost and Dearth of Skilled Personnel”

Underwater robots are utilized in various industries however, the high cost of production, maintenance, and operation is projected to limit their demand. In addition, skilled professionals are required to avoid any sort of mishap. Moreover, semiconductors are used as elementary components required for the manufacturing of robots. Differences between the demand and supply of semiconductors with constant fluctuations in their prices are set to hamper market growth. Cyberattacks and misuse of these automated devices are also adversely impacting their demand.

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How are Startups Establishing a Strong Foothold in This Business Space?

“Technological Advancements in Imaging Systems and Sensors”

Various aspiring market players are taking an interest in the use of modern electronic oceanographic instruments. Startups are investing in the designing and integration of extremely sophisticated imaging systems and sensor modules into their products. Some of these advancements include the use of acoustics for identifying vehicle position and vision systems, which help in picture mosaicking, visual serving, station keeping, and pipeline visual tracking.

Country-wise Insights

North America is evaluated to account for 26.8% of the underwater robot market share by the end of 2034, as opined in the recently updated report by Fact.MR, a market research and competitive intelligence provider. The dominance of the region is owing to the growing number of offshore energy activities. In addition, intensive underwater research initiatives are also driving demand for respective robots.

Which Underwater Robot Market Trends are Pushing the United States Market Forward?

“High Expenditure in Defense”

Attribute United States
Market Value (2024E) US$ 337.1 Million
Growth Rate (2024 to 2034) 13.8% CAGR
Projected Value (2034F) US$ 1.23 Million

The United States is forecasted to occupy 82.3% share of the market in North America by the end of 2034. Increasing expenditure by the government in the United States in the defense sector has a positive impact on the demand for underwater robots. They are used in the industry for protecting the harbor and hunting down enemy ships, which is forecasted to positively impact demand for underwater robots in the coming 10 years.

What Makes China a Goldmine for Underwater Robot Manufacturers?

“Expanding Oil & Gas Industry Stimulating Use of Underwater Robots for Exploration Purposes”

Attribute China
Market Value (2024E) US$ 186 Million
Growth Rate (2024 to 2034) 14.1% CAGR
Projected Value (2034F) US$ 697.6 Million

China is projected to account for a revenue share of 52.8% of the East Asian market by 2034. As one of the prominent producers of oil, China is estimated to experience an expansion in the oil & gas industry going forward. This is anticipated to create remunerative opportunities for manufacturers of underwater robots. These automated machines are utilized for maintaining offshore oil & gas plants. In addition, they are also employed to discover new oil & gas reserves in the ocean.

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Category-wise Insights

Fact.MR, in its updated report, asserts that underwater robots are estimated to find increased use in the commercial sector. Industrial infrastructure inspection, oil & gas exploration, shipwreck recovery, etc., are some of the popular uses of underwater robots, which are generating market prospects in the coming 10 years.

Which Type of Underwater Robot is Set to Generate Higher Revenue?

“Growing Application of Remote-operated Vehicles to Minimize Chances of Human Errors”

Attribute Remote-Operated Vehicles
Segment Value (2024E) US$ 855.3 Million
Growth Rate (2024 to 2034) 13.5% CAGR
Projected Value (2034F) US$ 3.02 Billion

Remote-operated vehicles are calculated to capture 54.2% share of global market revenue by the end of 2034. These robots are utilized for inspection, sampling, and surveying, which was previously completed by humans. With increasing chances of human errors, an inclination to remote-operated vehicles is also experienced.

There are some other popular applications of remote-operated vehicles, including seafloor experiments, which are expected to generate requirements for challenging operations, including delicate placement, drilling instrumentation, etc. Thus, an increase in the demand for remote-operated vehicles is experienced across more regions.

Which Application of Underwater Robots is More Rewarding for Market Players?

“Commercial Application of Underwater Robots Accounts for High Revenue Streams”

Attribute Commercial
Segment Value (2024E) US$ 595.9 Million
Growth Rate (2024 to 2034) 13.8% CAGR
Projected Value (2034F) US$ 2.17 Billion

Commercial application of underwater robots is projected to hold 38.9% of the global market share by 2034. Inshore and offshore surveys, industrial infrastructure inspection, shipwreck recovery, and oil & gas exploration are some of the popular applications of underwater robots. An expansion of the oil & gas industry is anticipated to contribute to the growing demand for underwater robots. These robots are utilized in the oil & gas industry for deep-sea exploration.

Competitive Landscape

Key players in the underwater robot market are making efforts to minimize the cost of robots to attract small and medium-scale users from different potentially high-growth countries and increase profit share. In addition, their active involvement in the supply of quality products, efficient management of supply chain systems, and new product development are forecasted to aid in securing a position for themselves.

For instance :

  • Deep Ocean Engineering, Inc., in April 2023, started the operation of its first AID (autonomous inspection drone) for checking offshore wind farms and oil & gas assets. This is estimated to participate significantly in the conduction of offshore trails in the coming months.

Fact.MR provides detailed information about the price points of key manufacturers of underwater robots positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.

Segmentation of Underwater Robot Market Research

  • By Type :

    • Remote-Operated Vehicles
    • Autonomous Underwater Vehicles
  • By Application :

    • Commercial
    • Defense & Security
    • Research
  • By Region :

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia & Pacific
    • MEA

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    6.1. Type

    6.2. Application

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type

    7.1. Remote-Operated Vehicles

    7.2. Autonomous Underwater Vehicles Commercial

    7.3. Defense & Security

    7.4. Research

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application

    8.1. Remote-Operated Vehicles

    8.2. Autonomous Underwater Vehicles

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region

    9.1. North America

    9.2. Latin America

    9.3. Western Europe

    9.4. Eastern Europe

    9.5. East Asia

    9.6. South Asia & Pacific

    9.7. Middle East & Africa

10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

17. Sales Forecast 2024 to 2034 by Type, Application, and Region for 30 Countries

18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

19. Company Profile

    19.1. Eddyfi Technologies

    19.2. General Dynamics Mission Systems Inc.

    19.3. ECA Group

    19.4. Oceaneering International

    19.5. Atlas Elektronik

    19.6. Saab AB

    19.7. Deep Ocean Engineering Inc.

    19.8. Soil Machine Dynamics Ltd.

    19.9. Bluefin Robotics Corp

    19.10. International Submarine Engineering

    19.11. TechnipFMC Plc.

    19.12. Schilling Robotics LLC

    19.13. VideoRay LLC

20. Assumptions and Acronyms Used

21. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 19: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 22: Latin America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 23: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 31: Western Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 32: Western Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 34: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 35: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 49: East Asia Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 50: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 52: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 53: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 67: MEA Market Value (US$ Mn) Analysis, by Type, 2019 to 2023

Table 68: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 70: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 71: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Type, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Type, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 18: North America Market Share Analysis by Country, 2024 & 2034

Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 21: North America Market Share and BPS Analysis by Type, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Type, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 27: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 34: Latin America Market Share and BPS Analysis by Type, 2024 & 2034

Figure 35: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 36: Latin America Market Attractiveness Analysis by Type, 2024 to 2034

Figure 37: Latin America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 47: Western Europe Market Share and BPS Analysis by Type, 2024 & 2034

Figure 48: Western Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 49: Western Europe Market Attractiveness Analysis by Type, 2024 to 2034

Figure 50: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 51: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 52: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 60: Eastern Europe Market Share and BPS Analysis by Type, 2024 & 2034

Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 62: Eastern Europe Market Attractiveness Analysis by Type, 2024 to 2034

Figure 63: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 65: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 73: East Asia Market Share and BPS Analysis by Type, 2024 & 2034

Figure 74: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 75: East Asia Market Attractiveness Analysis by Type, 2024 to 2034

Figure 76: East Asia Market Share and BPS Analysis by Application, 2024 & 2034

Figure 77: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 78: East Asia Market Attractiveness Analysis by Application, 2024 to 2034

Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 86: South Asia & Pacific Market Share and BPS Analysis by Type, 2024 & 2034

Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 88: South Asia & Pacific Market Attractiveness Analysis by Type, 2024 to 2034

Figure 89: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034

Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 91: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034

Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 96: MEA Market Share Analysis by Country, 2024 & 2034

Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 99: MEA Market Share and BPS Analysis by Type, 2024 & 2034

Figure 100: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 101: MEA Market Attractiveness Analysis by Type, 2024 to 2034

Figure 102: MEA Market Share and BPS Analysis by Application, 2024 & 2034

Figure 103: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 104: MEA Market Attractiveness Analysis by Application, 2024 to 2034

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- FAQs -

How big is the underwater robot market in 2024?

The global underwater robot market is calculated at US$ 1.54 billion in 2024.

What is the sales projection for underwater robots for 2034?

Global sales of underwater robots are projected to reach US$ 5.57 billion by the end of 2034.

At what rate is the demand for underwater robots forecasted to increase?

The market for underwater robots is analyzed to advance at 13.7% CAGR from 2024 to 2034.

How much share of the global market is North America evaluated to account for?

North America is forecasted to occupy 26.8% share of global market revenue by 2034.

At what CAGR are the sales of underwater robots calculated to climb in Japan?

The market in Japan is positioned to accelerate at a CAGR of 14% from 2024 to 2034.

What is the market scenario for remote-operated vehicles?

Worldwide sales of remote-operated vehicles are evaluated to climb at 13.5% CAGR and reach US$ 3.02 billion by 2034.

Who are the leading suppliers of underwater robots?

ECA Group, Oceaneering International, Atlas Elektronik, Saab AB, and Deep Ocean Engineering, Inc. are some of the key manufacturers of underwater robots.

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