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A rise in hydrographic, oceanographic, and environmental surveys conducted globally are expected to drive innovation in autonomous marine vehicles manufacturing, thus driving the market during the forecast period.

The global autonomous marine vehicles market is expected to grow from $2298.08 billion in 2022 to $2654.08 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The autonomous marine vehicles market is expected to grow from $4789.11 billion in 2027 at a CAGR of 15.9%.

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Global Autonomous Marine Vehicles Market Segments Include:

• By Type: Surface Vehicle, Underwater Vehicle
• By Application: Military & Defense, Archeological, Exploration, Oil & Gas, Environmental Protection And Monitoring, Search And Salvage Operations, Oceanography
• By Technology: Imaging, Navigation, Communication, Collision Avoidance, Propulsion
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global autonomous marine vehicles market in 2021.

Major Market Players in the autonomous marine vehicles market include Asv Global/ASV Unmanned Marine Systems, Atlas Elektronik, Teledyne Technologies, ECA Group, and Sea Robotics Inc.

Maritime drone swarming for better surveillance and investigation capabilities is an emerging trend in the autonomous marine vehicle market. Maritime drone swarms are a large group of underwater vehicles moving together for a particular purpose. The drone swarm has a wide range of capabilities in defence applications since it is capable of performing surveillance and investigation tasks followed by defensive or offensive countermeasures. As the swarm works collectively to navigate through the underwater environment, it senses a wider area in a shorter time by making use of several sensing techniques to build a comprehensive map of the environment. For instance, the European Union (EU) is currently funding a research project called Ocean2020, which will facilitate a combination of drones and unmanned submarines into swarms or fleet units. In another example, the US Navy’s Undersea Warfare Center approved a grant of $78,000 for Aquabotix’s SwarmDiver technology to support the US Navy and allied vessels.

The Autonomous Marine Vehicles Global Market Report 2023  provides a autonomous marine vehicles market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The autonomous marine vehicles market forecast analyzes autonomous marine vehicles market size, autonomous marine vehicles market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Autonomous marine vehicles are robotic equipment that travels below or on the surface of the water without requiring input from a human operator.

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