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World AUV Market Report
Although some 629 Autonomous Underwater Vehicles (AUVs) have been produced to date, they are still regarded as a relatively new technology. Considerable investments by research institutes, manufacturers and the military – followed by a number of early commercial deployments – has meant that AUVs are starting to replace and outperform more traditional technology.
This second edition of The World AUV Market Report, from energy business analysts Douglas-Westwood, considers the prospects for this truly market-changing technology and values the future markets for AUV manufacturers to 2019. The World AUV Market Report 2010-2019, is geared to the needs of the senior executive and assumes no previous reader knowledge of the subject area. It describes how AUVs fit into the family tree of unmanned underwater vehicles, outlines the development of the industry and provides detailed examples of the various types of AUVs – as well as their underlying technology.
The report segments AUV numbers by type and application, while providing insight into developers, manufacturers and operators. It also explores key market drivers and delivers a detailed analysis of the current AUV fleet. In addition, it discusses key AUV requirements including positioning and obstacle avoidance as well as critical AUV components such as power sources and survey sensors.
The market modelling process used for The World AUV Market Report 2010-2019, is based on three scenarios – ‘High Case,’ ‘Low Case,’ and, ‘Most Likely,’ – and includes oil & gas, research and military applications. It also identifies existing fleet numbers, examines the market drivers and prospects in each of the main application sectors and forecasts total growth prospects to 2019 for each scenario.
In the ‘Most Likely’ scenario, the report forecasts that 1,144 AUVs will be required over the next decade – comprising of 394 large, 285 medium and 463 small units. This would result in a total market value of $2.3 billion over the forecast period – just under half ($1.1billion) of which will come from military sector expenditure. However, the report’s, “High Case,” scenario predicts that there may be a requirement for 1,870 units – corresponding to a total market value of $3.8 billion over the forecast period.
The market forecasts and technology updates are complimented by selected case studies that provide examples of AUV applications in situations ranging from seabed surveying to ocean research and mine counter-measures work.
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