DUBLIN, Mar. 03, 2015 /PRNewswire/ --Research and Markets has announced the addition of the "Global Underwater Robotics Market 2015-2019" report to their offering.
The Global Underwater Robots market to grow at a CAGR of 6.92% over the period 2014-2019
Underwater robots are used for continuous oceanic surveillance. They are designed to work in challenging environments where the safety and accessibility of divers is compromised. Underwater robots have several applications in the fields of maritime security, underwater archaeology, and marine biology. They also play an important role in the development of the Offshore industry.
The growing need for underwater robotics for ocean surveillance in the field of scientific research has forced several market vendors and research institutions to develop perpetual underwater robotics for continuous surveillance. Perpetual underwater robotics have the ability to refuel themselves and are powered by natural, renewable, and ocean thermal energy.
According to the report, one of the main drivers for the market is the unexplored undersea mines. Similar to subsea oil and gas explorations, deep sea mining may be the next big game changer for the Global Mining industry.
Further, the report states that underwater communications are one of the key challenges that the market faces. The presence of water and its high pressure levels slow down the signal transmission speed and create background noises and echoes.
The Global Underwater Robotics market can be categorized into the following segments:
• Surface and Underwater Examination
• Defense and Security
• Scientific Research