The ocean serves as a vital arena for resource exploitation, scientific inquiry, and strategic endeavors. Among the array of underwater propulsion technologies, diver propulsion vehicles (DPVs) stand out for their exceptional integration, concealability, and maneuverability. They hold a pivotal role in both marine scientific exploration and military operations beneath the waves, thus carrying significant research implications. However, the existing literature on DPVs remains limited, lacking comprehensive examinations of their design processes and parameters. This review systematically surveys and assesses the current landscape of DPV development and research. Three key facets—propeller design, performance assessment, and equipment engineering—are scrutinized and analyzed. By consolidating essential data from ongoing studies, this review offers valuable insights. Additionally, it forecasts potential directions and emerging focal points in the evolution of underwater propulsion for frogmen, drawing from current advancements. The objective is to furnish foundational data to support the design and study of frogman underwater propulsion systems, thereby advancing engineering applications in this domain.