Global AUV Fleet to Increase 42% by 2018

MarineTechnologyNews.com
Wednesday, April 02, 2014
Image courtesy of Chris German, Woods Hole Oceanographic Institution

Douglas-Westwood (DW) forecast that the global AUV (autonomous underwater vehicle) fleet will increase 42% in the 2014-2018 period, compared to the previous five years. The fleet is forecast to total 825 units in 2018, led by strong demand in the military sector.

The military sector makes up 50% of AUV demand, with North America accounting for 75% of this market in 2014. However, this market share may decrease to 70% by 2018, as emerging economies increasingly invest in their military fleets. Overall growth of military demand in AUVs closely mirrors the investment in unmanned aircraft – so called ‘drones’.

Increasing environmental awareness continues to drive demand for use of AUVs on research activities, with environmental sensing and research mapping combined forming approximately 47% of the current AUV fleet. However, the research sector may represent a smaller proportion of the market by 2018, as commercial activities gain pace.

Highest growth is expected to come from the commercial sector, but from a small base, more than doubling its proportion of active units during the forecast period (from 3% to 8%). Key developments have taken place in areas such as sensing, battery endurance and tracking stability, which allow a wide range of applications to emerge in the offshore oil and gas industry (life-of-field, pipeline inspections and rig moves) also in civil hydrography, in addition to existing work in site and pipeline route surveys.

North America will continue to dominate global AUV expenditure, predominantly on military unmanned technology, although the region’s market share is forecast to decrease from 64% in 2014 to 60% by 2018. Africa and Latin America are set to experience the highest growth, driven by deepwater oil & gas activities in pre-salt areas. Demand in Asia will be varied with research activities in Japan, deepwater expenditure in India, Indonesia and Malaysia and military investment in China.

douglas-westwood.com


Technology

WSS Marketing Turner Design’s Ballast Water Compliance Tool

Wilhelmsen Ships Service (WSS), provider of products and services to the shipping industry, said it has signed a partnership with Turner Designs USA to market its

Wärtsilä to Launch Sea-Master at SMM

Set to launch at SMM 2016 in Hamburg September 6-9, 2016, the new Wärtsilä Sea-Master system uses digital technology to monitor shaft bearings and seals to help

Japanese Yards Mull Shipbuilding Alliance

Four major Japanese shipbuilders are in discussions to form an alliance in hopes of riding out the industry slump.   Mitsubishi Heavy Industries, Ltd. (MHI) announced

Environmental

Doing Business Differently to Meet Sustainability Targets: DNV GL

Pressure is mounting on the global oil and gas industry to reduce environmental footprint at the same time as the industry is under significant cost pressure.    Since

GoM Operators Evacuating Ahead of Storm

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Depression No. 9.   The Bureau of Safety and Environmental

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

News

Abu Dhabi Ship Building Commissions First Floating Dock

Abu Dhabi Ship Building PJSC (ADSB) has commissioned its first floating drydock located in Mina Zayed as the company looks to expand its commercial service offering.

NAT Names 2 New Tankers in South Korea

wo new tankers, Nordic Star and Nordic Space, were named August 24 for owner Nordic American Tankers Limited (NAT).   NAT founder and chairman Herbjørn Hansson was present at the naming ceremony,

Wounded Lobsterman Medevaced near Cape Cope

An injured lobsterman was medically evacuated by U.S. Coast Guard helicopter crew Tuesday roughly 130 nautical miles east of Cape Cod.   At about 10:15 a.m.,

Subsea Defense

Securing the Scorpene: DCNS to Move Court

The French shipbuilder DCNS plans to seek an injunction to prevent further publication of information contained in 22,400 secret documents about stealth submarines built for India,

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

Scorpene Submarine Data Leak: Setback to Indian Navy

India has began multiple investigations to determine the extent of damage caused by the reported massive leak of secret data detailing the combat and stealth capabilities

Underwater Engineering

Esvagt Makes Vestdavit MissionEase First Choice for Mission Bay

Norway-based boat system and davit-handling specialist Vestdavit has secured a breakthrough order for its unique MissionEase multi-boat handling solution for mission bays,

Fugro, US Army Corps of Engineers Ink Mapping Deal

Fugro has been awarded a photogrammetric and LIDAR surveying and mapping contract by the U.S. Army Corps of Engineers, St. Louis District, Missouri. The agreement

 
 
Maritime Contracts Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1319 sec (8 req/sec)