Industrial Consultancy & Sponsored Research (IC&SR) , IIT Madras
Category- Automation & Robotics
Industry Classification:
Applications- offshore oil and gas industry, the defense sector, maritime search and rescue, oceanographic research, underwater archaeology and environmental monitoring.
Market report: Revenue from worldwide sales of autonomous underwater vehicles is estimated at US$ 3.42 billion in 2024 and is forecasted to increase at a CAGR of 15.6% to reach US$ 14.58 billion by 2034
Prof Prabhu Rajagopal
Department of Mechanical Engineering
TRL 4
Technology Validated in Lab