According to a recent market study published by Growth Market Reports, titled, “Global Autonomous Underwater Vehicle Market by Type, by Shape, by Technology, by Propulsion System, by Payload Type, by Application, by Region: Size, Share, Trends and Opportunity Analysis, 2015-2030”, the market was valued at US$ 1,563.9 Million in 2021 and is expected to grow at a moderate growth rate of 14.3% by the year 2030.

As per Growth Market Reports industry analyst Akash Vedpathak, “Global Autonomous Underwater Vehicle Market is anticipated to witness significant growth during the forecast period 2022-2030. Autonomous Underwater vehicles are programmable robotic vehicles that can drift, drive, or glide across the ocean without real-time control by a human operator, depending on their design. AUVs are used for underwater survey missions such as detecting and mapping submerged wrecks, rocks, and obstructions that are a hazard to navigation for commercial and recreational vessels. Currently, AUVs are typically capable of performing missions that involve flying in space on specific trajectories. For example, a trajectory can be a simple straight line, or it can contain a long series of trace lines, waypoints, and depth excursions. For ground-close flight profiles, most AUVs can use sonar to track terrain at a constant altitude and avoid colliding with the ground. The vehicle's ability to operate near the ground depends on the terrain, the vehicle's portability, and the vehicle's ability to sense the ground. In general, near-ground operations in areas with cliffs and steep slopes are very difficult with current technology. More advanced operations include AUVs that adjust surveys based on data collected during operations. For example, a vehicle profiling a section of the water column can be programmed to follow the thermocline. Such skills are used by experienced operators but are not frequently available.

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Key factors that are anticipated to fuel the demand for the global Autonomous Underwater Vehicle market during the forecast period are increasing use of AUVs in defense, the rapid expansion of aquaculture around the world, and growing exploration of new oil fields and offshore activities. Conversely, underwater ecological disturbances and operational inefficiency of communication systems, and the high cost of the product hamper the market growth may hamper the market growth of the Autonomous Underwater Vehicle market. Exploring rare earth minerals using AUVs creates opportunities in the market.

Supply chain management is an essential part of any business. A supply chain contains a series of steps to get products from their original state to the customers. Raw materials used for manufacturing Autonomous Underwater Vehicles are shipped to manufacturers to be processed into final products. Quality checks are performed throughout the production process by manufacturers to ensure the quality of the product.

The primary, as well as secondary research methodology, is used for keen observation and study about the Autonomous Underwater Vehicle market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

COVID-19 hampered the autonomous underwater vehicle (AUV) market, owing to the decline in AUV manufacturing. Production of AUVs decreased, due to decreasing oil & gas exploration activities by the oil & gas industry, which is a major consumer of AUVs. Additionally, restrictions on traveling caused a lack of demand for oil and gas. Restriction on the manufacturing of AUVs has hampered sales of AUVs as well. However, rising investment and initiatives by governments in the R&D of AUVs are projected to drive the market. Furthermore, technological innovations in AUVs are anticipated to fuel the market.

Key Takeaways from the Study

  • In terms of type, the Medium AUVs (100m-1000m depth) segment accounted for a considerable share of the market in 2021.
  • Based on shape, the Torpedo segment accounted for a substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.
  • On the basis of technology, the Navigation System segment accounted for a considerable share of the market in 2021.
  • In terms of propulsion system, the Electric System segment accounted for a substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.
  • Based on payload type, the Sensors segment accounted for a substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.
  • On the basis of application, the Military & Defense segment accounted for a considerable share of the market in 2021.

Report Scope

Report Metric


Market Value in 2021

US$ 1,563.9 Million

Market Growth Rate (from 2015 to 2030)


Historical Data


Base Year


Forecast Period

2022 – 2030

Units Considered

Value (US$ Million)

Market Segments

By type, by shape, by technology, by propulsion system, by payload type, by application

Key Companies Profiled

Lockheed Martin Corporation, General Dynamics Corporation, Boeing, Kongsberg, BAE Systems, ATLAS ELEKTRONIK GmbH, International Submarine Engineering Limited, Eelume AS, ECA GROUP, Graal Tech Srl, ecoSUB Robotics Limited, and HYDROMEA

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturers, raw material suppliers, and distributors
  • Demand Side: Government Agencies, Consulting Firms, Private Research and Development Firms, Equity Firms, and Investment Firms.