Tuesday, 02 January 2024 12:17 GMT

Underwater Drones Market Research 2025-2034: Surges With Innovations In Electric Propulsion, Autonomy Eyes Expanding Offshore, Defense, And Renewable Energy Sectors


(MENAFN- GlobeNewsWire - Nasdaq) The expansion is largely supported by increasing demand for subsea exploration, rising investments in offshore oil and gas projects, maritime security enhancements, and the integration of renewable energy ventures. Additionally, constant improvements in autonomy, propulsion systems, and imaging technologies are driving broader market adoption across both commercial and defense sectors.

Dublin, Sept. 26, 2025 (GLOBE NEWSWIRE) -- The "Underwater Drones Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to ResearchAndMarkets's offering.
The Global Underwater Drones Market was valued at USD 5.1 billion in 2024 and is estimated to grow at a CAGR of 12.8% to reach USD 16.7 billion by 2034.
A key trend reshaping this space is the growing preference for electric propulsion systems. These upgrades enhance mission range, reduce acoustic footprint, and improve energy efficiency, making electric-powered underwater drones ideal for a range of applications. With the integration of lithium-ion batteries, brushless DC motors, and supercapacitors, modern electric drones now operate over 72 hours in certain missions.

This transformation is especially valuable in mid-water and nearshore operations where low-noise and high-efficiency performance is essential. At the same time, there's a surge in interest for autonomous underwater vehicles (AUVs), which operate independently using onboard navigation, sensors, and mission software, enabling precision without real-time operator input.


In 2024, the remotely operated vehicle (ROV) segment was valued at USD 2.3 billion. This segment is growing rapidly due to the rising need for real-time underwater operations in oil and gas, defense, and infrastructure inspections. ROVs are equipped with versatile tool systems, have strong payload capacities, and provide operators with full manual control, making them ideal for deepwater inspections, maintenance work, and underwater recovery tasks.
The light work-class drone segment generated USD 2.2 billion in 2024. These drones are widely adopted due to their operational flexibility, affordability, and effectiveness in performing inspection and light intervention missions. Their adaptability with sensors and manipulators, along with low deployment complexity and minimal surface support needs, makes them suitable for confined and harsh environments. To support evolving operational needs, manufacturers are focusing on plug-and-play designs, edge AI integration, and improved tether control systems to serve industries such as port management, infrastructure surveillance, and offshore contracting.
Canada Underwater Drones Market will reach USD 775.1 million by 2034. This growth is driven by the nation's expanding offshore energy operations, increased maritime territorial monitoring, and deepening investments in marine science. The use of drones for under-ice navigation, remote subsea monitoring, and habitat mapping continues to rise. Equipment developers are advised to prioritize ruggedized, cold-water-capable drone systems with modular sensor configurations suitable for both scientific exploration and defense applications.
Key players in the Global Underwater Drones Market include PowerRay, Gavia AUV, SRV-8 ROV, Neptune ROV, Phantom ROV Series, FIFISH V6, Flying Nodes AUV, Marlin AUV, HUGIN AUV, Seaeye Falcon ROV, Sibiu Pro, SeaDrone ROV, SeaCat AUV, Seasam ROV, BW Space Pro, Blueye X3, Bluefin-21 AUV, Oceaneering ROVs, Eelume Subsea Robot, and Absolute Ocean AUV.
Companies in the underwater drones space are reinforcing their competitive position through multi-faceted strategies. A strong emphasis is placed on R&D to advance autonomy, sensor integration, battery longevity, and propulsion technology. Manufacturers are prioritizing modular designs to enable rapid customization for specific missions, such as exploration, defense, inspection, or scientific research. Strategic partnerships with government bodies, energy firms, and marine institutes are helping companies secure long-term contracts.
Key Attributes:

Report Attribute Details
No. of Pages 170
Forecast Period 2024 - 2034
Estimated Market Value (USD) in 2024 $5.1 Billion
Forecasted Market Value (USD) by 2034 $16.7 Billion
Compound Annual Growth Rate 12.8%
Regions Covered Global


Key Topics Covered:
Chapter 1 Methodology and scope
1.1 Market scope and definition
1.2 Research design
1.3 Data mining sources
1.4 Base estimates and calculations
1.5 Primary research and validation
1.6 Forecast model
1.7 Research assumptions and limitations
Chapter 2 Executive summary
2.1 Industry 360 degree synopsis
2.2 Key market trends
2.2.1 Type trends
2.2.2 Product class trends
2.2.3 Propulsion system trends
2.2.4 Application trends
2.2.5 Regional trends
2.3 TAM Analysis, 2025-2034 (USD Billion)
2.4 CXO perspectives: Strategic imperatives
2.4.1 Executive decision points
2.4.2 critical success factors
2.5 Future outlook and strategic recommendations
Chapter 3 Industry insights
3.1 Industry ecosystem analysis
3.2 Industry ecosystem analysis
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.1.1 Rising Demand for Ocean Exploration
3.3.1.2 Expansion of Offshore Oil & Gas Activities
3.3.1.3 Maritime Security and Surveillance Needs
3.3.1.4 Growing Investment in Renewable Energy Projects
3.3.1.5 Technological Advancements in Autonomy & Imaging
3.3.2 Pitfalls and challenges
3.3.2.1 Limited Battery Life and Power Management
3.3.2.2 High Cost of Advanced Underwater Drones
3.4 Growth potential analysis
3.5 Regulatory landscape
3.6 Porter's analysis
3.7 PESTEL analysis
3.8 Technology and Innovation landscape
3.8.1 Current technological trends
3.8.2 Emerging technologies
3.9 Price trends
3.10 Pricing strategies
3.11 Emerging business models
3.12 Compliance requirements
3.13 Defense budget analysis
3.14 Global defense spending trends
3.15 Regional defense budget allocation
3.16 Key defense modernization programs
3.17 Budget forecast (2025-2034)
3.18 Supply chain resilience
3.19 Geopolitical analysis
3.20 Workforce analysis
3.21 Digital transformation
3.22 Mergers, acquisitions, and strategic partnerships landscape
3.23 Risk assessment and management
3.24 Major contract awards (2021-2024)
Chapter 4 Competitive landscape, 2024
4.1 Introduction
4.2 Company market share analysis
4.2.1 by region
4.2.1.1 North America
4.2.1.2 Europe
4.2.1.3 Asia-Pacific
4.2.1.4 Latin America
4.2.1.5 Middle East & Africa
4.2.2 Market Concentration Analysis
4.3 Competitive benchmarking of key players
4.3.1 Financial performance comparison
4.3.1.1 Revenue
4.3.1.2 Profit margin
4.3.1.3 R&D
4.3.2 Product portfolio comparison
4.3.2.1 Product range breadth
4.3.2.2 Technology
4.3.2.3 Innovation
4.3.3 Geographic presence comparison
4.3.3.1 Global footprint analysis
4.3.3.2 Service network coverage
4.3.3.3 Market penetration by region
4.3.4 Competitive positioning matrix
4.3.4.1 Leaders
4.3.4.2 Challengers
4.3.4.3 Followers
4.3.4.4 Niche players
4.3.5 Strategic outlook matrix
4.4 Key developments, 2021-2024
4.4.1 Mergers and acquisitions
4.4.2 Partnerships and collaborations
4.4.3 Technological advancements
4.4.4 Expansion and investment strategies
4.4.5 Sustainability initiatives
4.4.6 Digital transformation initiatives
4.5 Emerging/ startup competitors landscape
Chapter 5 Market estimates and forecast, by Type, 2021-2034 (USD Billion & Units)
5.1 Key trends
5.2 Remotely operated vehicles
5.3 Autonomous underwater vehicles
5.4 Hybrid underwater vehicles
Chapter 6 Market estimates and forecast, by Product Class, 2021-2034 (USD Billion & Units)
6.1 Key trends
6.2 Micro class
6.3 Small and medium class
6.4 Light work class
6.5 Heavy work class
Chapter 7 Market estimates and forecast, by Propulsion System, 2021-2034 (USD Billion & Units)
7.1 Key trends
7.2 Electric
7.3 Mechanical
7.4 Hybrid
Chapter 8 Market estimates and forecast, by Application, 2021-2034 (USD Billion & Units)
8.1 Key trends
8.2 Defense and security
8.2.1 Naval surveillance
8.2.2 Mine countermeasures
8.2.3 Anti-submarine warfare
8.2.4 Underwater intelligence and reconnaissance
8.2.5 Search and rescue missions
8.2.6 Others
8.3 Scientific research and exploration
8.3.1 Oceanographic studies
8.3.2 Marine biodiversity monitoring
8.3.3 Seabed mapping
8.3.4 Climate and environmental studies
8.4 Infrastructure inspection and maintenance
8.4.1 Pipeline and rig inspection
8.4.2 Underwater cable monitoring
8.4.3 Dam and bridge inspection
8.4.4 Port and harbour maintenance
8.4.5 Nuclear facility inspection
8.4.6 Others
8.5 Others
Chapter 9 Market estimates and forecast, by Region, 2021-2034 (USD Billion & Units)
9.1 Key trends
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Spain
9.3.5 Italy
9.3.6 Netherlands
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Australia
9.4.5 South Korea
9.5 Latin America
9.5.1 Brazil
9.5.2 Mexico
9.5.3 Argentina
9.6 Middle East and Africa
9.6.1 Saudi Arabia
9.6.2 South Africa
9.6.3 UAE
Chapter 10 Company Profiles
10.1 Global Key Players
10.1.1 General Dynamics Mission Systems
10.1.2 Deep Ocean Engineering, Inc.
10.1.3 Nido Robotics
10.1.4 Oceanbotics
10.1.5 Neptune Robotics
10.1.6 Terradepth
10.1.7 SeaDrone Inc.
10.1.8 Edgerov (Notilo Plus)
10.1.9 Autonomous Robotics Ltd.
10.2 Regional Key Players
10.2.1 North America
10.2.1.1 Oceaneering International, Inc.
10.2.1.2 Lockheed Martin Corporation
10.2.1.3 Teledyne Marine
10.2.2 Europe
10.2.2.1 Kongsberg Maritime
10.2.2.2 Saab Group
10.2.2.3 Atlas Elektronik
10.2.3 Asia-Pacific
10.2.3.1 QYSEA Technology
10.2.3.2 PowerVision Inc.
10.2.3.3 Youcan Robotics(Shanghai) Co., Ltd.
10.3 Disruptors / Niche Players
10.3.1 Blueye Robotics
10.3.2 Eelume AS

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