San Francisco, California, March 12, 2018: The global market for underwater drones has recently come under the spotlight of immense attention due to the wide applicability of Unmanned Water Vehicles (UUVs) or water drones. Nascent technologies have led to the development of drones equipped with lasers, cameras, and sensors, and can be controlled through mobile devices. Some of the key domains that extensively use these drones include offshore drilling, aquaculture, port security, and pipeline inspection. Underwater drones are also referred to as Remotely-Operated Underwater Vehicles, and are an essential part of the marine industry infrastructure. A report by TMR Research sheds light on the contemporary fettle of the global underwater drones market, and also forecasts its trajectory of growth. The report is titled ‘Underwater Drones Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025’.
Marine research and inspection necessitates the need to perform underwater operations in jeopardized areas. Since human reach becomes limited to these areas, the underwater drones are extensively used to carry these operations. The defense and law enforcement sector also uses underwater drones to stay abreast of the vicinity, especially when their operations surround water bodies. Moreover, technological advancements such as virtual reality (VR) and better tethering has also increased the adoption of water drones across a multitude of industries. Although the high cost of these drones could hamper market growth, the demand from the marine industry would outdo the hindrances.
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The prominence of the defense sector in North America has given a boost to demand within the regional market. Asia Pacific (APAC) and the Middle East and Africa have also shown a propensity of demand on account of increased offshore and drilling activities. Other regional segments in the global market are Europe and Latin America.
Kongsberg Maritime, Teledyne Technologies, and Oceaneering International Inc. are some of the leading market players.