Underwater drones are unmanned vehicles that can be remotely operated or follow a pre-programmed route to carry out various underwater tasks like inspections, mapping, surveys, and sample collection. They are increasingly being used for commercial applications in industries like oil & gas, defense, and scientific research. Advancements in sensor technology, computational power, and energy storage have enabled the development of more sophisticated unmanned underwater vehicles that are disrupting traditional methods of conducting underwater activities.
Market Dynamics:
The key drivers fueling the growth of the global underwater drone market include rising investments in offshore oil & gas exploration activities, growing defense budgets of countries for underwater domain awareness, and increasing adoption of advanced underwater technology in scientific research. However, high costs associated with the development and deployment of underwater drones and lack of strict regulations for commercial applications are some of the challenges restraining faster adoption. Emerging opportunities include the development of hybrid underwater drones capable of both autonomous and remote-controlled functionalities and adoption of fuel-cell powered drones for extended mission lengths.
Key Features of the Study:
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