Maritime Conflicts to Accentuate the Demand for Unmanned Underwater Vehicles will accelerate the UUVs & USVs Market at a CAGR of 6.9%

by Sameer Joshi or 16-Jan-2019
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Report : Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market to 2025-Global Analysis and Forecasts by Type (Remotely Operated Underwater Vehicle and Autonomous Underwater Vehicle); and Application (Commercial, Military and Research)

Implementation of BYOD programs in organizations will raise EFSS Market by 2025 with a CAGR of 23.2%.

The “Unmanned Underwater Vehicle & Unmanned Surface Vehicle to 2025 by Driving Mechanisms (Solar, Electric, and Diesel); Payload (Camera, Sensors, Sonar, Navigation Systems, and Others); & Applications (Commercial, Defense, and Scientific Research) - Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of Unmanned Underwater Vehicle & Unmanned Surface Vehicle market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant Unmanned Underwater Vehicle & Unmanned Surface Vehicle players in the market and their key developments.

Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market to 2025 - Global Analysis and Forecast by driving mechanism, payload, applications and geography. The Unmanned Underwater Vehicle & Unmanned Surface Vehicle market is expected to grow US$ 4.84 billion by 2025 from US$ 2.91 billion in 2017. The unmanned underwater vehicles and unmanned surface vehicles are the drones operating underwater and on surface with or without human interference. The majority of the global UUV and USV market is captured by the defense forces, owing to the ever increasing demand for subsea monitoring. The unmanned underwater vehicles and unmanned surface vehicles are also being adopted by various scientific research organizations for conducting oceanic studies and maritime surveys, among others.

Some of the remarkable partnership and collaboration in this industry includes the partnership of ASV Global with UK’s National Oceanography Centre for development of containerized autonomous marine laboratory. This project is part of the CME (Commonwealth Marine Economies) Programme that supports SIDS (Commonwealth Small Island Developing States) develop and sustain marine economies by ensuring the marine resources that belong to them are better understood and managed.

The global Unmanned Underwater Vehicle & Unmanned Surface Vehicle market by geography is segmented into six region including North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to account for the largest share of the global Unmanned Underwater Vehicle & Unmanned Surface Vehicle market in 2016, followed by APAC. China and India being two key countries in APAC region which will lead Unmanned Underwater Vehicle & Unmanned Surface Vehicle market in this region and is also expected to continue its dominance throughout the forecast period from 2018 to 2025. The report profiles key players such Kongsberg Gruppen AG, Lockheed Martin Corporation, Boeing, ASV Global, Atlas Elektronik, General Dynamics Corporation, Rafael Advanced Defense Systems, Clearpath Robotics, ECA Group, and Teledyne Technologies Incorporated.

The report segments the global Unmanned Underwater Vehicle & Unmanned Surface Vehicle market as follows:

Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - By Driving Mechanism

  • Solar
  • Electric
  • Diesel

Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - By Payload

  • Camera
  • Sensors
  • Sonar
  • Navigation Systems
  • Others

Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - By Application

  • Commercial
  • Defense
  • Research

Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - By Geography

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • France
  • Germany
  • Italy
  • Spain
  • U.K.
  • Rest of Europe

Asia Pacific (APAC)

  • Japan
  • China
  • India
  • Australia
  • Rest of APAC

Middle East & Africa (MEA)

  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Rest of MEA

South America (SA)

  • Brazil
  • Rest of SA

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