Posted in | News | Remote Operated Vehicle (ROV)

Global Underwater Robotics Market Forecast to Grow at 6.77% CAGR Over the Period 2012-2016

Nov 8 2013

Research and Markets has announced the addition of the Underwater Robotics - 2013 Report to their offering.

Global Underwater Robotics Market Expected To Grow At A CAGR Of 6.77 Percent Over The Period 2012-2016

The report provides an in-depth analysis of the global underwater robotics market. Commenting on the report, an analyst from the researchers' team said: 'With the increasing adoption of underwater robots in both the private and public sectors, several market vendors and research institutions are developing smart underwater robots with additional capabilities. This is expected to provide market vendors with a competitive edge in the steadily growing market. The smart robot technology combines advanced features such as increased efficiency, high speed, portable design, efficient communication, energy efficiency, increased safety, and accident prevention measures. These advanced features offer substantial benefits over traditional robots. Furthermore, several vendors are focusing on developing environmentally-friendly robots in order to avoid any disturbance to aquatic animals.'

According to the report, one of the main drivers in this market is the growing need for undersea mining. The need for underwater robotics in the field of deep sea mining is expected to increase in the future because of the fast-depleting land resources. One of the main challenges in this market is the limitations of underwater communication.

Key Topics Covered

1. Executive Summary

2. List of Abbreviations

3. Introduction

4. Research Methodology

5. Scope of the Report

6. Market Landscape

7. Geographical Segmentation

8. Vendor Landscape

9. Market Growth Drivers

10. Drivers and their Impact

11. Market Challenges