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(Transportation-News.com, July 16, 2024 ) As per Stellar Market Research, the Underwater Drone Market size was valued at USD 4.68 Bn. in 2023 and the total Underwater Drone Market size is expected to grow at a CAGR of 16.1% from 2024 to 2030, reaching nearly USD 13.31 Bn. by 2030.
Stellar Market Research firm pointed out some important point on Aerospace & Defense industries Underwater Drone Market. Underwater Drone Market is having significant growth due to advancements in technology, increasing demand for ocean exploration and marine research, and expanding applications in defense, commercial, and environmental sectors. North America dominated in this market with advanced technology and regulatory framework.
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Innovations in battery technology, AI, and miniaturization are expected to further enhance the capabilities and adoption of underwater drones. Collaboration among industry players and ongoing R&D investments will continue to drive the market forward, making underwater drones an essential tool for various underwater operations and research activities.
Underwater Drone Market Segmentation:
By Type
Remotely Operated Vehicle (ROV)
Autonomous Underwater Vehicles (AUV)
Hybrid Vehicles
By Product Type
Micro
Small and Medium
Light Work-Class
Heavy Work-Class
Request For Free Sample Report :https://www.stellarmr.com/report/req_sample/Underwater-Drone-Market/1983
By Propulsion System
Electric System
Mechanical System
Hybrid System
By Application
Defence and Security
Scientific Research
Commercial Exploration
Others
Request For Free Sample Report :https://www.stellarmr.com/report/req_sample/Underwater-Drone-Market/1983
Key Player in the Underwater Drone Market:
General Dynamics Mission System - USA
Saab AB - Sweden
Deep Ocean Engineering Inc. - USA
VideoRay - USA
Deep Trekker Inc. - Canada
Stellar Market Research is leading Aerospace & Defense research firm, has also published the following reports:
Small Drones Market size was valued at USD 8.19 Bn. in 2023 and Market size is expected to grow at a CAGR of 10.36% from 2024 to 2030, reaching nearly USD 16.33 Bn. by 2030.
Doppler radar Market size was valued at USD 4.7 Bn. in 2023 and revenue is expected to grow at a CAGR of 5.18% from 2024 to 2030, reaching nearly USD 6.69 Bn. by 2030.
About Stellar Market Research:
Stellar Market Research provided detailed market research. They research many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.
Stellar Market Research
Lumawant Godage
9607365656
akash.r@stellarmr.com
Source: EmailWire.Com 
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