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Yahoo
7 days ago
- Business
- Yahoo
Increasing Expansion in Deep-Sea Exploration, Rapid Growth of Renewable Energy, Rising Demand in Climate and Environmental Research
The report offers an in-depth analysis of the global autonomous underwater vehicle (AUV) market, covering key segments such as payload and product types, applications, and regional dynamics. It highlights trends, growth drivers, and market projections from 2024 to 2030, with a focus on innovations and major players like L3Harris, Kongsberg, and Teledyne Marine, optimizing strategies for diverse applications in military, commercial, and academic sectors. Global Autonomous Underwater Vehicles Market Dublin, July 16, 2025 (GLOBE NEWSWIRE) -- The "Autonomous Underwater Vehicles: Global Markets to 2030" report has been added to offering. The global market for autonomous underwater vehicles (AUVs) was valued at $2.4 billion in 2024 and is estimated to increase from $2.7 billion in 2025 to reach $5.9 billion by 2030, at a compound annual growth rate (CAGR) of 16.7% from 2025 through 2030. The report provides a comprehensive regional analysis covering North America, Europe, Asia-Pacific and the Rest of the World (RoW), including Latin America, the Middle East and Africa. It evaluates the market dynamics, including drivers, challenges and emerging trends, while highlighting innovations in material design and performance enhancement. The study concludes with an analysis of major market players and their offerings. The base year for the study is 2024, with projections for the years 2025 through 2030, including compound annual growth rate (CAGR) for the forecast period. AUVs are unmanned, self-guided submersibles used for underwater applications across multiple sectors. These vehicles enable precise data collection, exploration and monitoring in environments that are otherwise difficult or dangerous for human access. AUVs improve the efficiency, safety and depth of underwater operations by offering high-resolution imaging, real-time data transmission and autonomous navigation AUV market is witnessing strong growth, fueled by increasing demands in defense, oil and gas, environmental observation, and oceanographic research markets. Seabed mapping, pipeline inspection, underwater surveillance and marine habitat analysis are some applications reflecting the benefits of AUVs compared with conventional manned or tethered solutions. Offshore energy development expansion, rising maritime security issues, and the requirement for high-quality underwater information are also fueling Includes 38 data tables and 39 additional tables An analysis of the global market and technologies for autonomous underwater vehicles (AUVs) Analyses of global market trends, with revenue data from 2024, estimates for 2025, forecast for 2027 and projected CAGRs through 2030 Estimates of the market's size and revenue prospects, accompanied by a market share analysis by product type, payload type, application and region Facts and figures pertaining to market dynamics, technological advancements, regulations, industry structure, and the impacts of macroeconomic variables Insights derived from Porter's Five Forces model, global supply chain and trade analyses (export/import scenario) Patent analysis, and emerging trends and developments in patent activity Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies Analysis of the industry structure, including companies' market shares and rankings, strategic alliances, M&A activity and a venture funding outlook Company profiles of major players within the industry, including L3Harris Technologies Inc., Kongsberg Maritime, Teledyne Marine Technologies Inc., SAAB AB, and Exail. Key Attributes: Report Attribute Details No. of Pages 120 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $2.7 Billion Forecasted Market Value (USD) by 2030 $5.9 Billion Compound Annual Growth Rate 16.7% Regions Covered Global Key Topics Covered: Chapter 1 Executive Summary Market Outlook Scope of Report Market Summary Market Dynamics and Growth Factors Emerging Technologies Segmental Analysis Regional Analysis Conclusion Chapter 2 Market Overview Current Market Overview Future Outlook Macroeconomic Factors Analysis GDP Growth Inflation Interest Rates Fuel Prices and Energy Demand Impact of the U.S.-China Trade War Supply Chain Disruptions Innovation and R&D Challenges Strategic Response by Key Players Value Chain Analysis Component Development Manufacturing and Assembly Distribution and Logistics Application and Deployment Ongoing Support and Performance Optimization Porter's Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Consumers Potential for New Entrants Level of Competitiveness Availability of Substitutes Chapter 3 Market Dynamics Key Takeaways Market Drivers Increasing Defense Spending Growing Demand for Oceanographic Research Increasing Cost Efficiency and Safety Market Restraints/Challenges High Initial Investment Technical Challenges Market Opportunities Increasing Expansion in Deep-Sea Exploration Rapid Growth of Renewable Energy Sector Rising Demand for AUVs in Climate and Environmental Research Chapter 4 Regulatory Landscape Overview Regulatory Scenario of AUVs Chapter 5 Emerging Technologies and Patent Analysis Overview Emerging Technologies AI and ML Swarm Technology Underwater Communication Systems Energy Harvesting Patent Analysis Regional Patterns Key Findings Chapter 6 Market Segment Analysis Segmentation Breakdown Market Breakdown by Payload Type Key Takeaways Sensors Inertial Navigation Systems (INS) Others Market Breakdown by Product Type Key Takeaways Shallow AUVs Medium-sized AUVs Large AUVs Market Breakdown by Application Key Takeaways Military and Defense Commercial Academic Geographic Breakdown Market Breakdown by Region Key Takeaways North America Europe Asia-Pacific Rest of the World Chapter 7 Competitive Landscape Key Takeaways Market Ecosystem Analysis Component Suppliers AUV Manufacturers Original Equipment Manufacturers (OEMs) Analysis of Key Companies L3Harris Technologies Inc. Kongsberg Maritime Teledyne Marine Technologies Inc. Saab AB Exail Strategic Analysis Recent Developments Chapter 8 Environmental, Social and Governance (ESG) Perspective Key Takeaways Environmental Impact Social Impact Governance Impact Status of ESG in the AUV Market Concluding Remarks Chapter 9 AppendixCompanies Featured Atlas Elektronik Gmbh Boston Engineering Evologics Gmbh Exail General Dynamics Mission Systems Inc. International Submarine Engineering Ltd. Kearfott Corp. Klein Kongsberg Maritime Kraken Robotics Inc. L3Harris Technologies Inc. Lockheed Martin Corp. Oceaneering International Inc. Saab Ab Teledyne Marine Technologies Inc. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Global Autonomous Underwater Vehicles Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Reuters
27-06-2025
- Business
- Reuters
Kongsberg and Thales form defence communications joint venture
COPENHAGEN, June 27 (Reuters) - Norway's Kongsberg Gruppen ( opens new tab and France's Thales ( opens new tab said on Friday they would establish a joint venture in Norway combining their defence communications businesses. The tie-up comes in response to European defence forces' calls for interoperability, sovereignty and large-scale equipment as NATO countries and others face growing connectivity needs, Kongsberg said in a statement. "By consolidating Kongsberg's secure communications and Thales' crypto expertise, we will create a comprehensive, robust communications offering and be better positioned to deliver and develop current and future technologies and services to the armed forces," said Erik Lie, who heads Kongsberg's defence and aerospace unit. The new company will be owned 50% each by the two defence groups and will employ around 350 people across Norway.
Fibre2Fashion
19-06-2025
- Business
- Fibre2Fashion
Hexcel & Kongsberg ink long-term aerospace materials deal in Paris
Kongsberg Defence & Aerospace AS (KONGSBERG) and HEXCEL Corporation (HEXCEL) have signed a long- term partnership agreement at the Paris Air Show for the supply of HexWeb engineered honeycombs and HexPly prepregs for KONGSBERG's strategic production programs over a five-year period. HEXCEL is a leading global manufacturer of advanced composite materials and lightweighting solutions for the aerospace sector and offers a broad and evolving product portfolio, including materials designed for Defence and Space, commercial aerospace and industrial applications. Kongsberg Defence & Aerospace and Hexcel Corporation have signed a five-year partnership at the Paris Air Show for the supply of HexWeb honeycombs and HexPly prepregs. The agreement supports Kongsberg's strategic defence programmes and reflects a long-standing collaboration and shared commitment to future aerospace innovation. 'This partnership agreement is a reflection of HEXCEL and KONGSBERG's strong relationship over many years and the company's joint commitment to partnering for the future. The agreement provides a solid base for Kongberg's production program for several years to come.' says Terje Bråthen, EVP Aerostructures & MRO at Kongsberg . Thierry Merlot, HEXCEL President, Europe Middle East Africa Asia Pacific , adds 'We are delighted that Kongsberg has placed their trust in Hexcel as their advanced composites solutions partner. This partnership agreement secures business on key programs in the defence market for years to come'. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
The National
18-06-2025
- The National
MV Caledonian Isles return delayed for fourth time in less than a week
The MV Caledonian Isles – which serves the Ardrossan to Brodick route – has been out of action for 18 months but was supposed to make a long-awaited return last week. But the return of the vessel has been continually pushed back over the last few days, and a specialist has now had to be brought in from Norway to assist with the investigation into the latest fault. CalMac has said the ferry will not return to service on Saturday as previously hoped and will now resume on Wednesday, June 25. READ MORE: Orkney council ends investigation into leaving UK People looking to travel to Arran will still be able to do so from Troon on the MV Glen Sannox or MV Alfred. Kongsberg, the manufacturer of the gearbox, is sending a technical specialist to the vessel who will arrive on Thursday. Trials undertaken ahead of Thursday will gather more data to help CalMac and Kongsberg diagnose and resolve the problem, CalMac said. A CalMac spokeswoman said: 'Whilst we recognise a further delay is disappointing, we have taken the decision to extend the return date into next week to provide customers and the community with certainty ahead of the weekend. "Continuing to have MV Alfred as part of the fleet means that we can honour all customer bookings, so visitors can still travel to and from Arran as planned. 'Once repaired, the vessel will need a further two days of sea trials before a full return to service. Our next update to customers and to the Arran community will be issued on Monday, June 23." The delay to the return of the Caledonian Isles has left locals in Ardrossan furious, with dozens of campaigners planning to stage a protest over the ongoing problems with both the ferry and the harbour at Holyrood on Thursday. READ MORE: Scottish oil and gas firm fined £300,000 after 'terrifying incident' In a post on Facebook earlier this week, the Save Ardrossan Harbour group said island communities had been left "stranded". "This is just the latest failure in a long line of letdowns caused by CMAL's aging fleet and chronic lack of forward planning. They've ordered ferries that don't fit key harbours and allowed the fleet to decline to a shameful state—leaving Scotland's island communities stranded, frustrated, and ignored,' it said. Members of the Save Ardrossan Harbour group and the Arran for Ardrossan Harbour campaign – which represent locals either side of the route – are due to gather at Holyrood to demand action is taken over the dilapidated harbour which has needed an upgrade for years. The MV Glen Sannox and its sister ship the MV Glen Rosa – which is due to come into service next year – are both too large to berth at Ardrossan. There have been no ferries running from Ardrossan for five months, which has left businesses in the town concerned about their future. The Scottish Government promised seven years ago that Ardrossan would remain the main gateway to Arran and pledged to fund the multi-million-pound upgrade required to accommodate the new ferries. But the project was paused in 2023 amid concern over rising costs and disagreements over how the bill should be split between the three partners: Peel Ports, North Ayrshire Council and the Scottish Government. Communities on both sides of the Firth of Clyde are keen to see Ardrossan remain the gateway to Arran given many people in the town travel to the island for work, while Arran residents have medical appointments in Ardrossan. In February, Transport Secretary Fiona Hyslop revealed that money had been set aside to take Ardrossan Harbour into public ownership. But since then, campaigners have lost faith in the progress of negotiations. Wyllie Hume, chair of the Arran for Ardrossan Harbour group, told the Sunday National he had written directly to Deputy First Minister Kate Forbes to ask her to intervene in the negotiations, but the Scottish Government has said it is "wholly appropriate" CMAL leads the talks on ministers' behalf.
The Herald Scotland
18-06-2025
- Automotive
- The Herald Scotland
Caledonian Isles return delayed as specialist flies in from Norway
The vessel was supposed to make its long-awaited return on Friday 13th June, but this was postponed after the gearbox glitch was uncovered. CalMac has now said that further work will be required before the ship can enter service – with a specialist having to travel from Norway to assist with the investigation into the fault. The vessel is now set to resume service between Ardrossan and Brodick on Wednesday 25 June. Until then, all customer demand will continue to be met with a two-vessel service out of Troon with MV Glen Sannox and MV Alfred. Problems have dogged the MV Caledonian Isles for more than a year (Image: NQ) Efforts to resolve the gearbox issue are ongoing, with several potential root causes having been eliminated over the past few days. The vessel will undertook further trials on Tuesday 17 June to gather data. Kongsberg, the manufacturer of the gearbox, is sending a technical specialist to the vessel who will arrive on Thursday. Months of major repair work took place in dry dock at Cammell Laird shipyard in Merseyside, requiring removal of the ship's engines. The ferry, which serves the main Arran route and is one of the largest ships in the company's fleet, was originally supposed to have returned to the water following repairs last November. But this was set back by the discovery of 'steel deformation' and the need to replace both stern tube bearings. The MV Caledonian Isles, docked at Broddick (Image: NQ) The company said 'extensive' repairs to the steel had to be completed, but the shafts required further 'machining' in Denmark before sailings could resume. A CalMac spokeswoman said: 'Whilst we recognise a further delay is disappointing, we have taken the decision to extend the return date into next week to provide customers and the community with certainty ahead of the weekend. 'Continuing to have MV Alfred as part of the fleet means that we can honour all customer bookings, so visitors can still travel to and from Arran as planned.
