Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3,355 Billion | USD 6.63 Billion | 11.89% | 2022 |
FrequentlyAsked Questions
The global underwater drone market is projected to expand notably owing to surge in demand for data-driven processes and need for improving risk assessment and forecasting.
According to study, the global underwater drone market size was worth around USD 3.35 billion in 2021 and is predicted to grow to around USD 8.89 billion in 2030 with a compound annual growth rate (CAGR) of roughly 11.89% between 2022 and 2030.
The global underwater drone market is anticipated to be dominated by the Europe and North America in the coming years owing to large-scale demand for sea exploration activities. In addition to this, massive presence of data processing and software firms in these regions will expand the scope of regional market growth.
The global underwater drone market is led by players like General Dynamics Corporation, Deep trekker Inc., The Boeing Company, Blueeye Robotics, Navatics, ROBOSEA, Notilo Plus, Eelume AS, Neptune Robotics, Terradepth, Inc., Deep Ocean Engineering, Inc., ecoSUB Robotics Limited, Nido Robotics, and Lockheed Martin Corporation.
Global underwater drone market size was estimated to be approximately USD 3.355 billion in 2022 which is expected to grow at the rate (CAGR) of 11.89% over the next seven years to attain a value of 6.63 billion by end of 2030.
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