Blockchain Press Releases
Global Autonomous Underwater Vehicle Market to Surpass USD 5.5 Bn By 2031| Growth Market Reports
PUNE, India, June 22, 2023 /PRNewswire/ — According to a recent market study published by Growth Market Reports, titled, “Global Autonomous Underwater Vehicle Market Segments – by Type (Small AUVs (upto 100m depth), Medium AUVs (100m–1000m depth), and Large AUVs (above 1000m depth)), Shape (Torpedo, Streamlined Rectangular Style, Laminar Flow Body, and Multi-hull Vehicle), Technology (Communication System, Collision Avoidance System, Navigation System, and Imaging System), Propulsion System (Mechanical System, Electric System, and Hybrid System), Payload Type (Sensors, Cameras, Echo Sounders, Synthetic Aperture Sonar, Acoustic Doppler Current Profilers, and Others), Application (Scientific Research, Oil & Gas Industry, Military & Defense, Archaeology & explorations, Oceanography, Environment Protection & Monitoring, Seabed Mining, Rescue Activities, and Others), and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031“, the market size was USD 2.01 Bn in 2022 and is expected to surpass USD 5.5 Bn expanding at a CAGR of 14.4% by the end of 2031. Increasing usage of autonomous underwater vehicles for oceanographic, commercial, and military missions is anticipated to fuel the market in the coming years.
Key Market Players Profiled in the Report
- Lockheed Martin Corporation
- General Dynamics Corporation
- Boeing
- Kongsberg
- BAE Systems
- ATLAS ELEKTRONIK GmbH
- International Submarine Engineering Limited
- Eelume AS
- ECA GROUP
- Graal Tech Srl
- ecoSUB Robotics Limited
- HYDROMEA
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The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, which include type, shape, technology, application, and competitor analysis.
This report also includes a complete analysis of industry players and covers their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping market players to expand their market share.
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Regional Highlights:
On the basis of region, the global autonomous underwater vehicle market is classified as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is projected to dominate the global market, owing to the rising procurement of advanced autonomous underwater vehicles by the US Navy for intelligence, surveillance, and reconnaissance operations.
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Key Takeaways from the Study:
- Autonomous underwater vehicles (AUVs) are self-propelled vehicles that are equipped with sensors, actuators, and onboard intelligence.
- These vehicles are widely used to complete survey and sampling tasks with little or no human supervision.
- Rising adoption of AUVs in defense for coastal security, surveillance, and anti-submarine warfare is expected to drive the market during the forecast period.
- Growing exploration activities in the ocean for oil & gas, due to the increasing demand for energy is likely to boost the market.
- Exploring rare earth minerals using AUVs is likely to create immense growth opportunities in the market.
- The medium AUVs segment is projected to expand at the fastest CAGR during the forecast period, due to the rising demand from oil & gas industries for exploration of offshore oil.
- The torpedo segment is anticipated to hold a major share of the market, as it is useful for ground-level mapping and imaging.
- The navigation system segment is expected to expand at a robust growth rate during the forecast period, as this technology offers accuracy in underwater data collection.
- The military & defense segment is projected to dominate the market in the coming years, owing to the rising demand for underwater surveying for border and coastal security.
Read 330 Pages Research Report with Detailed TOC on “Global Autonomous Underwater Vehicle Market Segments – by Type (Small AUVs (upto 100m depth), Medium AUVs (100m–1000m depth), and Large AUVs (above 1000m depth)), Shape (Torpedo, Streamlined Rectangular Style, Laminar Flow Body, and Multi-hull Vehicle), Technology (Communication System, Collision Avoidance System, Navigation System, and Imaging System), Propulsion System (Mechanical System, Electric System, and Hybrid System), Payload Type (Sensors, Cameras, Echo Sounders, Synthetic Aperture Sonar, Acoustic Doppler Current Profilers, and Others), Application (Scientific Research, Oil & Gas Industry, Military & Defense, Archaeology & explorations, Oceanography, Environment Protection & Monitoring, Seabed Mining, Rescue Activities, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 – 2030″
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Key Segments Covered
Type
- Small AUVs (upto 100m depth)
- Medium AUVs (100m–1000m depth)
- Large AUVs (above 1000m depth)
Shape
- Torpedo
- Streamlined Rectangular Style
- Laminar Flow Body
- Multi-hull Vehicle
Technology
- Communication System
- Collision Avoidance System
- Navigation System
- Imaging System
Propulsion System
- Mechanical System
- Electric System
- Hybrid System
Payload Type
- Sensors
- Cameras
- Echo Sounders
- Synthetic Aperture Sonar
- Acoustic Doppler Current Profilers
- Others
Application
- Scientific Research
- Oil & Gas Industry
- Military & Defense
- Archaeology & explorations
- Oceanography
- Environment Protection & Monitoring
- Seabed Mining
- Rescue Activities
- Others
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Other Related Reports:
- Underwater Robotics Market Segments – by Applications (Commercial Exploration, Scientific Research, Defense & Security, and Others), Types (Autonomous Underwater Vehicles and Remotely Operated Vehicles), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
- Global Underwater Location Beacon Market by Type (Cockpit Voice Recorder (CVR), Flight Data Recorder (FDR), Others), By Application (Military, Commercial and Civil) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030
- Global Armored Unmanned Underwater Vehicle Market by Type (Remotely Operated Vehicles (ROV), Autonomous Underwater Vehicles (AUV))), By Application (ISR (Intelligence, Surveillance, and Reconnaissance), Mine Countermeasures, Security, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
- Global Marine Robotics Market by Type (Autonomous Underwater Vehicles, Unmanned Surface Vehicle, Underwater Gliders, Other), By Application (Defense, Scientific Research, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030
About Growth Market Reports:
Growth Market Reports provides global enterprises as well as small & medium businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. Growth Market Reports has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, and secondary research & consumer surveys.
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Blockchain Press Releases
Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar
DUBAI, UAE, Nov. 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event.
P2P Security Webinar
On Nov. 25, the live webinar on P2P security will be broadcast in the Bybit Africa Telegram group from 7 to 9PM UTC. Attendees may benefit from a comprehensive session on tips and the latest know-how on asset safety and counterparty risks. The free webinar will cover the following topics:
- Fraud detection: users will learn about signs of common scams and steps to verify payment authenticity.
- Staying safe with Bybit P2P: users get to discover Bybit’s security tools and the latest features to combat fraudulent attempts.
- Trading with confidence: users will gain practical advice and practical tips on how to trade safely.
The floor will be open for a live Q&A session after the sharing by Bybit P2P experts. Ahead of the webinar, attendees are invited to submit questions and the lucky ones will win 10 USDT if their questions are chosen by the speakers.
10,000 USDT Rewards for First-Time Deposits
From Nov. 25 to Dec. 15, 2024, new users who successfully sign up for a Bybit account and complete Identity Verification Level 1 may be eligible to share in a 10,000 USDT prize pool reserved for eligible users in Africa only. Users must sign up for the event and make a deposit via Bybit P2P to qualify and win up to 10 USDT, terms and conditions apply.
“Financial fraud is an age-old challenge and users must stay vigilant as scammers and fraudsters evolve. Bybit is constantly investing in our hardware and software to build the necessary guardrails for our platform. It does not take away the importance of user education, however, and we hope through engagements of this kind, we can help elevate the community on a path of growth,” said Joan Han, Sales and Marketing Director at Bybit.
P2P is an organic part of the crypto economy and helps to promote inclusivity in emerging economies. With Bybit P2P, users of all levels may access the user-friendly peer-to-peer trading platform to trade between themselves at an optimal, agreed-upon price. The service minimizes the need for the middleman, improving cost effectiveness while providing exchange-backed platform security.
Find out more about the event and eligibility at Bybit P2P.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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SINGAPORE, Nov. 22, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a pioneer in digital payment solutions, and Polygon Labs, a software development company building the leading network of aggregated blockchains via the AggLayer, today announced their strategic collaboration aimed at unlocking the full potential of digital finance, focusing on the expansion and adoption of WUSD, WSPN’s flagship stablecoin.
WSPN has integrated Polygon PoS into its WUSD network infrastructure earlier this year. Now, this collaboration will focus on rapidly expanding WUSD adoption. Polygon Labs’s crucial liquidity support will be instrumental in bolstering WUSD’s mass adoption across various markets.
This collaboration will unlock opportunities to explore a range of innovative use cases for stablecoins, payments, and DeFi. Key areas of focus include facilitating payments and tokenization solutions for companies operating in Hong Kong SAR and Singapore, developing on-chain green finance projects tailored for African clients, and building robust DeFi platforms that leverage the strengths of both WSPN and Polygon technologies. These initiatives are strategically designed to address diverse market needs and drive the adoption of WUSD across a variety of regions and sectors.
By combining WSPN’s expertise in stablecoin solutions with Polygon’s advanced blockchain infrastructure, this collaboration will drive significant advancements in the digital asset space, particularly in emerging markets and the rapidly evolving DeFi sector.
About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN ‘s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Learn more: www.wspn.io | X | LinkedIn
About Polygon Labs
Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.
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DUBAI, UAE, Nov. 21, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reaffirm its commitment to providing ease of access to digital assets for eligible P2P users in Africa at zero fee. Connecting buyers and sellers at no cost, Bybit P2P continues to be the benchmark for cost-effective and convenient trading experiences.
Since its launch in Jan. 2022, Bybit P2P has consistently provided a user-friendly platform for users seeking a safer way to participate in the digital asset class. The services are offered at no costs for merchants and takers in P2P transactions:
- Merchants: Merchants may post advertisements on Bybit P2P for free.
- Takers: Users may place an order through advertisements listed on the P2P platform at no costs. The offer stands across all fiat trading pairs. Third-party fees may incur depending on the payment method chosen, as the payment providers may charge a transaction fee.
P2P Fee Structure (Africa)
|
Taker Fee (Sell Page) |
Maker Fee (Sell Page) |
|
|
Bybit |
0 % |
0 % |
|
Competitor B |
0.5% on completed orders for certain trading pairs |
0 % |
In addition, Bybit has launched an exciting P2P Coupon Giveaway Campaign from now to Jan. 15, 2025. As part of this initiative, users can earn a share of up to 20,000 USDT in rewards by completing tasks such as depositing $100 or trading $50,000 through Bybit P2P. The rewards will be in the form of Bybit P2P coupons to be redeemed in the next purchase, making the zero-fee transactions an even better deal for winners.
“Bybit’s steadfast commitment to contributing to financial inclusion comes in all forms, and keeping our P2P services free for as long as we can, and for as many users as possible, is one of the ways to support the crypto community,” said Joan Han, Sales and Marketing Director at Bybit. “When users come to our platform with the hopes of generating income on their assets, we want to play a supportive role in helping them reach their personal financial goals,” she added.
P2P on Bybit offers an intuitive and cost-effective peer-to-peer trading platform, facilitating the buying and selling of two users’ holdings at an optimal, agreed-upon price between them. With Bybit P2P, users stand to benefit from Bybit’s enterprise-level security and advanced features including comprehensive built-in KYC and KYB verification mechanisms, rigorous asset management protocols, and 24/7 customer service.
Find out more about the event and eligibility at Bybit P2P.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-waives-p2p-transaction-fees-for-users-in-africa-302313124.html
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