Global AUV Fleet set to Increase Substantially

press release
Thursday, February 23, 2012

Douglas-Westwood: The AUV market will continue to be dominated by North American activity; Military and research sectors to have 90% market share by 2016.


The global AUV fleet is increasing and demand for autonomous underwater vehicles is expected to show steady growth over the period to 2016 according to a new report by Douglas-Westwood. Report author Paul Newman commented, “Many of the factors in the drive to using unmanned military aircraft, the so-called ‘drones’ also apply to both military and civil subsea operations. “When Douglas-Westwood’s first World AUV Market Forecast was launched in 2004, 92 AUVs had been built; the new 4th edition identifies some 560 and forecasts an additional 370 units will be in use by 2016. As AUV technology continues to improve, their use is expected to become more widespread opening up markets in regions where AUVs is currently less commonplace.


The rate of AUV build has been in the order of 50 units per year, but this is expected to double to around 100, with around 930 active in five years’ time.” “North America will continue to dominate the business, driven by expenditure on both military and research AUVs. Latin America will, however, be the fastest growing user region, although from a small base, as a function of significant investment in deepwater oil & gas exploration and production offshore Brazil.”
 

Douglas-Westwood’s Chairman, John Westwood, concluded, “The importance of the military and research sectors to the AUV business is set to continue. Overall military budget reduction, vessel fleet downsizing and upgrading and a change in typical mission profile is also driving a great deal of demand for these unmanned systems. However, new applications such as site surveys for marine renewable energy projects and life of field inspection systems for the offshore oil & gas sector are expected to emerge from 2012 onwards.”
 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

TOTE, Saltchuk Secure Financing for Marlin Class Vessels

Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.

Transocean: Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service

Barczak Joins Alan C. McClure Associates

Naval architecture and engineering firm Alan C. McClure Associates (ACMA) announced today that Registered Professional Engineer Nicholas Barczakhas joined the ACMA team as a naval architect.

Offshore

Transocean: Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service

Navantia Orders Sedni IAS for PEMEX Flotel

Sedni secures an important contract with Navantia to supply its Automation System (IAS) Diamar for the flotel vessel (BAP) which is being built at Ferrol factory for PEMEX owner.

MN 100: Tidewater Inc.

601 Poydras Street, Suite 1500 New Orleans, Louisiana 70130 Telephone: 504 568 1010 E-mail: corth@tdw.com Website: www.tdw.com Chairman and CEO: Jeff Platt Number of employees: 8,

Energy

Deep Sea Mooring Wins Contract with Repsol

Global energy company Repsol has selected Deep Sea Mooring (DSM) to provide a range of mooring services for their drilling operations on the Norwegian Continental Shelf.

Statoil: New Compressor Means Heightened Production

The new compressor in operation on the Kvitebjørn field in the North Sea from 17 September will increase production there by 220 million barrels of oil equivalent

China's Navy Enters Strait of Hormuz

Bandar Abbas, home of Iran's navy and the main port in the strategically important Strait of Hormuz, is currently hosting two Chinese naval vessels on a five-day goodwill visit,

Marine Equipment

All-electric Tube Benders Take a Step Forward

The tube bending machine innovator Unison said it is moving the technology forward again, with the completion of a groundbreaking all-electric machine that is capable

Navantia Orders Sedni IAS for PEMEX Flotel

Sedni secures an important contract with Navantia to supply its Automation System (IAS) Diamar for the flotel vessel (BAP) which is being built at Ferrol factory for PEMEX owner.

MN 100: Superior-Lidgerwood-Mundy Corporation

302 Grand Avenue Superior, Wisconsin 54880 E-mail: stenerelli@lidgerwood.com Website: lidgerwood.com President: Kent Phillips Number of employees: 35 The

Consulting

MN 100: Alternative Marine Technologies LLC

62 Southfield Road, Suite 214 Stamford CT. 06902 Website: www.alternativemarinetech.com E-Mail: rkunkel4@gmail.com President / CEO: Robert Kunkel Number of

Specialised Reefer Container Operators can Thrive: DMR

Despite growing competition from container lines, specialised reefer operators can still thrive, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast,

Teleperformance Commended by Frost & Sullivan

Based on its recent analysis of the Latin American contact center outsourcing services market, Frost & Sullivan recognizes Teleperformance with the 2014 Latin America

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1672 sec (6 req/sec)