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Global UUV Market Growth of 11% CAGR by 2020
March 31, 2016 | Business WireEstimated reading time: Less than a minute
Research and Markets has announced the addition of the "Unmanned Underwater Vehicles Market - By Type (AUV,ROV,Hybrid),By Applications,By ROV Class (Work,Observation) - With Forecast (2015 - 2020)"report to their offering.
The CAGR for the unmanned underwater vehicles (UUV) market for the period 2015-2020 is estimated to be around 11%. Operations and sales market for Remotely Operated Vehicles and Autonomous Underwater Vehicles is also studied and estimated in the report. The Unmanned underwater vehicles market for different geographical regions considering key economies is provided. CAGR for AUV and ROV for the geographic regions are estimated. The report considers all the major manufacturers and operators of the Remotely Operated Vehicles.
Oceaneering International Inc is the major manufacturer and operator of ROVs with a fleet ownership of 332 ROV to its name. Subsea7 has the second largest ownership of the Remotely Operated Vehicles; it has about 175 ROV in its fleet. The Market share of top 10 companies is also provided in the report.
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