Press Release

Underwater Drone Market to Grow with a CAGR of 7.75% through 2028

The expanding range of applications, spanning scientific research, defense, commercial operations, and environmental monitoring, fuels market growth are the factors driving market in the forecast period 2024-2028


According to TechSci Research report, “Underwater Drone Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Underwater Drone Market stood at USD 17.83 billion in 2022 and is anticipated to grow with a CAGR of 7.75% in the forecast period, 2024-2028

The Global Underwater Drone Market has witnessed remarkable growth in recent years, driven by a combination of technological advancements, expanding applications, and increasing awareness of the value these drones bring to various industries.

Underwater drones, also known as remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs), have evolved beyond their traditional roles in scientific research and military applications. Today, they play a pivotal role in a wide range of sectors, including offshore energy, commercial ventures, environmental conservation, and marine archaeology. The versatility of underwater drones allows them to perform tasks such as underwater infrastructure inspection, marine biodiversity research, oil and gas exploration, and even search and rescue operations.

Technological innovation has been a key catalyst for the market's growth. Advancements in sensor technology, propulsion systems, autonomy, and communication capabilities have significantly enhanced the capabilities of underwater drones. These drones can now operate at greater depths, endure longer missions, and provide high-resolution data and imagery for a myriad of applications.

The offshore energy industry has been a major driver of demand for underwater drones. They are instrumental in inspecting and maintaining underwater infrastructure such as oil rigs, pipelines, and subsea cables. Additionally, they are deployed in environmental monitoring efforts to assess the health of marine ecosystems, track changes in ocean temperature, and study the effects of climate change.

The global focus on marine research and conservation has further boosted the underwater drone market. Researchers and environmentalists rely on these drones to explore previously inaccessible underwater environments, study marine life, and protect vulnerable ecosystems.

In conclusion, the Global Underwater Drone Market continues to expand as technological innovation, diverse applications, and industry demand converge. These underwater drones are transforming the way we explore and interact with the world's oceans, opening up new frontiers for scientific discovery, industry efficiency, and environmental stewardship.


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North America, particularly the United States, is a prominent player in the underwater drone market. The United States Navy has been a driving force behind technological advancements in underwater drones for defense and security applications. The region boasts a strong presence in marine research, offshore energy, and environmental monitoring. Robust investments in research and development, coupled with a supportive regulatory environment, have propelled North America to the forefront of the market.

Europe is another significant region in the underwater drone market, with a focus on marine research, environmental conservation, and commercial applications. Countries like Norway and the United Kingdom are leaders in using underwater drones for fisheries management, offshore energy operations, and underwater archaeology. Collaborative initiatives among research institutions and industry players foster technological innovation and knowledge sharing, making Europe a key contributor to the market's growth.

The Asia-Pacific region is experiencing rapid growth in underwater drone adoption. Nations like China are investing heavily in underwater drone technology for military, scientific research, and offshore industry applications. China's emphasis on maritime security and marine exploration drives the demand for advanced underwater drones. Japan, Australia, and South Korea also actively deploy underwater drones in marine research, aquaculture, and maritime surveillance.

The Middle East and Africa are emerging markets in the underwater drone industry. The region's focus on oil and gas exploration and marine infrastructure projects has fueled the demand for underwater drones in tasks like pipeline inspection and underwater construction. Additionally, Africa's rich marine biodiversity in coastal areas attracts scientific research initiatives employing underwater drones for marine conservation and exploration.

Latin America is witnessing growing interest in underwater drone technology, driven by offshore energy activities, fisheries management, and environmental monitoring. Countries like Brazil and Mexico deploy underwater drones for underwater infrastructure inspections and marine research projects. The region's extensive coastlines and offshore resources offer ample opportunities for underwater drone applications.

Oceania, including Australia and New Zealand, is a hub for marine research and exploration. These countries rely heavily on underwater drones to study iconic ecosystems like the Great Barrier Reef, monitor marine biodiversity, and conduct underwater surveys. Oceania's offshore energy industry and maritime security efforts also contribute to the adoption of underwater drones in the region.

In conclusion, regional insights reveal a diverse landscape in the Global Underwater Drone Market, with each region contributing uniquely to the industry's growth. North America and Europe lead in research and development, while Asia-Pacific is a burgeoning market with a focus on defense and scientific research. The Middle East and Africa, Latin America, and Oceania offer their own set of opportunities and challenges, shaped by regional priorities and environmental contexts. Together, these regions collectively drive the evolution and expansion of the global underwater drone market.


Major companies operating in Global Underwater Drone Market are:

  • Oceaneering International, Inc.
  • Saab Seaeye Ltd
  • TechnipFMC plc
  • The Boeing Company
  • Kongsberg Maritime
  • Teledyne Marine
  • Deep Ocean Engineering, Inc.
  • Lockheed Martin Corporation
  • ECA Group
  • Bluefin Robotics Corporation


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“The Global Underwater Drone Market represents a transformative force in marine technology and exploration. These unmanned submersibles have opened unprecedented opportunities for scientific discovery, defense applications, and commercial ventures. With advancements in autonomy, sensor capabilities, and propulsion systems, underwater drones are becoming indispensable tools for industries ranging from offshore energy to environmental conservation. Experts see a bright future for underwater drones, envisioning continued innovation and expanded applications that will unlock the mysteries of our oceans while enhancing efficiency and sustainability across various sectors,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Global Underwater Drone Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicle (AUV), Hybrid Vehicles), By Application (Defense and Security, Scientific Research, Commercial Exploration, Others), By Propulsion System (Electric System, Mechanical System, Hybrid System), By Region and By Competition Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of Global Underwater Drone Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Underwater Drone Market.



Mr. Ken Mathews

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]


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