Albany, NY -- (SBWIRE) -- 04/19/2013 -- TechNavio's analysts forecast the Global Underwater Robotics market to grow at a CAGR of 6.77 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing need for undersea mining. The Global Underwater Robotics market has also been witnessing the emergence of smart underwater robots. However the limitations of underwater communication could pose a challenge to the growth of this market.

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TechNavio's report, Global Underwater Robotics Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Underwater Robotics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include Atlas Maridan ApS, Bluefin Corp., and Deep Ocean Engineering Inc.

Other vendors mentioned in the report are ECA Hytec SA, Inuktun Services Ltd., International Submarine Engineering Ltd., MacArtney Group, NeuroRobotics Ltd., Oceaneering International Inc., Perry Slingsby Systems Ltd., Schilling Robotics Inc., and Soil Machine Dynamics Ltd.

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Key questions answered in this report:

What will the market size be in 2016 and at what will be the growth rate?
What are key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by key vendors?
What are the strengths and weaknesses of each of these key vendors?

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