Press Resease

Unmanned Underwater Vehicles Market By Type (Remotely Operated Vehicle and Autonomous Underwater Vehicle), By Application (Commercial Exploration, Defense, Scientific Research, and Miscellaneous), By Payload (Sensors, Synthetic Aperture Sonar, Inertial Navigation Systems, Cameras, Video Screens, Lighting Systems, and Others), By Propulsion System (Electric, Mechanical, Hybrid, and Others), and By Product Type (Small Vehicles, High-Capacity Electric Vehicles, Work Class Vehicles, Heavy Work Class Vehicles, Man Portable, Light Weight Vehicles, Heavy Weight Vehicles, and Large Vehicles): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 13-Aug-2019 Category: Defense & Security Report Format : PDF Pages: 188 Report Code: ZMR-863 Status : Published

Global unmanned underwater vehicles market expected to reach USD 7.64 billion by 2025, at a CAGR of slightly above 14.91% between 2018 and 2025. The global unmanned underwater vehicles market is growing, owing to its rising applications in the defense and military sector, scientific research applications, and commercial purposes.

Description

The report analyzes and forecasts the unmanned underwater vehicles market on a global and regional level. The study offers past data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The assessment of unmanned underwater vehicles market dynamics gives a brief thought about the drivers and restraints of the unmanned underwater vehicles market along with their impact on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the unmanned underwater vehicles market on a global level.

The report gives a transparent view of the unmanned underwater vehicles market. We have included a detailed competitive scenario and the portfolio of leading vendors operating in the unmanned underwater vehicles market. To understand the competitive landscape in the unmanned underwater vehicles market, an analysis of Porter’s Five Forces model for the unmanned underwater vehicles market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Unmanned Underwater Vehicles Market

The study provides a crucial view of the unmanned underwater vehicles market by segmenting it based on type, application, payload, propulsion system, product type, and region. All segments of the unmanned underwater vehicles market have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe.

Some leading market players of the unmanned underwater vehicles market are Kongsberg Gruppen, Lockheed Martin Corporation, Teledyne Technologies, Saab Group, Oceaneering International, The Boeing Company, Subsea 7, International Submarine Engineering, Atlas Elektronik, Fugro, and Bluefin Robotics.

This report segments the global unmanned underwater vehicles market into:

Global Unmanned Underwater Vehicles Market: Type Analysis

  • Remotely Operated Vehicle (ROV)
  • Autonomous Underwater Vehicle (AUV)

Global Unmanned Underwater Vehicles Market: Application Analysis

  • Commercial Exploration
  • Defense
  • Scientific Research
  • Miscellaneous

Global Unmanned Underwater Vehicles Market: Payload Analysis

  • Sensors
  • Synthetic Aperture Sonar
  • Inertial Navigation Systems (INS)
  • Cameras
  • Video Screens
  • Lighting Systems
  • Others

Global Unmanned Underwater Vehicles Market: Propulsion System Analysis

  • Electric
  • Mechanical
  • Hybrid
  • Others

Global Unmanned Underwater Vehicles Market: Product Type Analysis

  • Small Vehicles
  • High-capacity Electric Vehicles
  • Work Class Vehicles
  • Heavy Work Class Vehicles
  • Man Portable
  • Light Weight Vehicles
  • Heavy Weight Vehicles
  • Large Vehicles

Global Unmanned Underwater Vehicles Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Unmanned Underwater Vehicles Market, 2016-2025 (USD Billion)
    • 2.2. Unmanned Underwater Vehicles Market: Snapshot
  •  
  • Chapter 3. Global Unmanned Underwater Vehicles Market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technology landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
      • 3.4.2. Europe
      • 3.4.3. Asia Pacific
        • 3.4.3.1. Growing Deep-Water Offshore Oil and Gas Production
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
      • 3.5.1. Economic crisis and defense budget cuts
    • 3.6. Opportunity
      • 3.6.1. Technologically Advanced Ocean Exploration
    • 3.7. Innovation & Sustainability
    • 3.8. Regulatory Landscape
    • 3.9. Porter's Five Forces Analysis
    • 3.10. PESTLE Analysis
    • 3.11. Unmanned Underwater Vehicles Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Type
      • 3.11.2. Market Attractiveness Analysis by Application
      • 3.11.3. Market Attractiveness Analysis by Payload
      • 3.11.4. Market Attractiveness Analysis by Propulsion System
      • 3.11.5. Market Attractiveness Analysis by Product Type
      • 3.11.6. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Unmanned Underwater Vehicles Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Sensors Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research & Development and Regional Expansion
  •  
  • Chapter 5. Unmanned Underwater Vehicles Market - Type Analysis
    • 5.1. Global Unmanned Underwater Vehicles Market Share, by Type, 2018 and 2025
    • 5.2. Global Unmanned Underwater Vehicles Market by ROV, 2016-2025 (USD Billion)
    • 5.3. Global Unmanned Underwater Vehicles Market by AUV, 2016-2025 (USD Billion)
  •  
  • Chapter 6. Unmanned Underwater Vehicles Market - Application Analysis
    • 6.1. Global Unmanned Underwater Vehicles Market Share, by Application, 2018 and 2025
    • 6.2. Global Unmanned Underwater Vehicles Market by Commercial Exploration, 2016-2025 (USD Billion)
    • 6.3. Global Unmanned Underwater Vehicles Market by Defense, 2016-2025 (USD Billion)
    • 6.4. Global Unmanned Underwater Vehicles Market by Scientific Research, 2016-2025 (USD Billion)
    • 6.5. Global Unmanned Underwater Vehicles Market by Miscellaneous, 2016-2025 (USD Billion)
  •  
  • Chapter 7. Unmanned Underwater Vehicles Market - Payload Analysis
    • 7.1. Global Unmanned Underwater Vehicles Market Share, by Payload, 2018 and 2025
    • 7.2. Global Unmanned Underwater Vehicles Market by Sensors, 2016-2025 (USD Billion)
    • 7.3. Global Unmanned Underwater Vehicles Market by Synthetic Aperture Sonar, 2016-2025 (USD Billion)
    • 7.4. Global Unmanned Underwater Vehicles Market by Inertial Navigation Systems, 2016-2025 (USD Billion)
    • 7.5. Global Unmanned Underwater Vehicles Market by Cameras, 2016-2025 (USD Billion)
    • 7.6. Global Unmanned Underwater Vehicles Market by Video Screens, 2016-2025 (USD Billion)
    • 7.7. Global Unmanned Underwater Vehicles Market by Lighting Systems, 2016-2025 (USD Billion)
    • 7.8. Global Unmanned Underwater Vehicles Market by Others, 2016-2025 (USD Billion)
  •  
  • Chapter 8. Unmanned Underwater Vehicles Market - Propulsion System Analysis
    • 8.1. Global Unmanned Underwater Vehicles Market Share, by Propulsion System, 2018 and 2025
    • 8.2. Global Unmanned Underwater Vehicles Market by Electric, 2016-2025 (USD Billion)
    • 8.3. Global Unmanned Underwater Vehicles Market by Mechanical, 2016-2025 (USD Billion)
    • 8.4. Global Unmanned Underwater Vehicles Market by Hybrid, 2016-2025 (USD Billion)
    • 8.5. Global Unmanned Underwater Vehicles Market by Others, 2016-2025 (USD Billion)
  •  
  • Chapter 9. Unmanned Underwater Vehicles Market - Product Type Analysis
    • 9.1. Global Unmanned Underwater Vehicles Market Share, by Product Type, 2018 and 2025
    • 9.2. Global Unmanned Underwater Vehicles Market by Small Vehicles, 2016-2025 (USD Billion)
    • 9.3. Global Unmanned Underwater Vehicles Market by High-capacity Electric Vehicles, 2016-2025 (USD Billion)
    • 9.4. Global Unmanned Underwater Vehicles Market by Work Class Vehicles, 2016-2025 (USD Billion)
    • 9.5. Global Unmanned Underwater Vehicles Market by Heavy Work Class Vehicles, 2016-2025 (USD Billion)
    • 9.6. Global Unmanned Underwater Vehicles Market by Man Portable, 2016-2025 (USD Billion)
    • 9.7. Global Unmanned Underwater Vehicles Market by Light Weight Vehicles, 2016-2025 (USD Billion)
    • 9.8. Global Unmanned Underwater Vehicles Market by Heavy Weight Vehicles, 2016-2025 (USD Billion)
    • 9.9. Global Unmanned Underwater Vehicles Market by Large Vehicles, 2016-2025 (USD Billion)
  •  
  • Chapter 10. Unmanned Underwater Vehicles Market - Regional Analysis
    • 10.1. Global Unmanned Underwater Vehicles Market Share, By Region, 2018 and 2025
      • 10.2. North America
        • 10.2.1. North America Unmanned Underwater Vehicles Market Revenue, 2016-2025 (USD Billion)
        • 10.2.2. North America Unmanned Underwater Vehicles Market Revenue, By Type, 2016-2025 (USD Billion)
        • 10.2.3. North America Unmanned Underwater Vehicles Market Revenue, By Application, 2016-2025 (USD Billion)
        • 10.2.4. North America Unmanned Underwater Vehicles Market Revenue, By Payload, 2016-2025 (USD Billion)
        • 10.2.5. North America Unmanned Underwater Vehicles Market Revenue, By Propulsion system, 2016-2025 (USD Billion)
        • 10.2.6. North America Unmanned Underwater Vehicles Market Revenue, By Product Type, 2016-2025 (USD Billion)
        • 10.2.7. The U.S.
          • 10.2.7.1. The U.S. Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
          • 10.2.7.2. The U.S. Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
          • 10.2.7.3. The U.S. Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
          • 10.2.7.4. The U.S. Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
          • 10.2.7.5. The U.S. Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
        • 10.2.8. Canada
          • 10.2.8.1. Canada Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
          • 10.2.8.2. Canada Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
          • 10.2.8.3. Canada Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
          • 10.2.8.4. Canada Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
          • 10.2.8.5. Canada Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
    • 10.3. Europe
      • 10.3.1. Europe Unmanned Underwater Vehicles Market Revenue, 2016-2025 (USD Billion)
      • 10.3.2. Europe Unmanned Underwater Vehicles Market Revenue, By Type, 2016-2025 (USD Billion)
      • 10.3.3. Europe Unmanned Underwater Vehicles Market Revenue, By Application, 2016-2025 (USD Billion)
      • 10.3.4. Europe Unmanned Underwater Vehicles Market Revenue, By Payload, 2016-2025 (USD Billion)
      • 10.3.5. Europe Unmanned Underwater Vehicles Market Revenue, By Propulsion system, 2016-2025 (USD Billion)
      • 10.3.6. Europe Unmanned Underwater Vehicles Market Revenue, By Product Type, 2016-2025 (USD Billion)
      • 10.3.7. UK
        • 10.3.7.1. UK Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.3.7.2. UK Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.3.7.3. UK Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.3.7.4. UK Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.3.7.5. UK Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
      • 10.3.8. France
        • 10.3.8.1. France Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.3.8.2. France Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.3.8.3. France Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.3.8.4. France Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.3.8.5. France Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
      • 10.3.9. Germany
        • 10.3.9.1. Germany Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.3.9.2. Germany Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.3.9.3. Germany Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.3.9.4. Germany Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.3.9.5. Germany Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
      • 10.3.10. Rest of Europe
        • 10.3.10.1. Rest of Europe Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.3.10.2. Rest of Europe Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.3.10.3. Rest of Europe Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.3.10.4. Rest of Europe Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.3.10.5. Rest of Europe Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
    • 10.4. Asia Pacific
      • 10.4.1. Asia Pacific Unmanned Underwater Vehicles Market Revenue, 2016-2025 (USD Billion)
      • 10.4.2. Asia Pacific Unmanned Underwater Vehicles Market Revenue, By Type, 2016-2025 (USD Billion)
      • 10.4.3. Asia Pacific Unmanned Underwater Vehicles Market Revenue, By Application, 2016-2025 (USD Billion)
      • 10.4.4. Asia Pacific Unmanned Underwater Vehicles Market Revenue, By Payload, 2016-2025 (USD Billion)
      • 10.4.5. Asia Pacific Unmanned Underwater Vehicles Market Revenue, By Propulsion system, 2016-2025 (USD Billion)
      • 10.4.6. Asia Pacific Unmanned Underwater Vehicles Market Revenue, By Product Type, 2016-2025 (USD Billion)
      • 10.4.7. China
        • 10.4.7.1. China Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.4.7.2. China Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.4.7.3. China Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.4.7.4. China Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.4.7.5. China Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
      • 10.4.8. Japan
        • 10.4.8.1. Japan Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.4.8.2. Japan Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.4.8.3. Japan Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.4.8.4. Japan Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.4.8.5. Japan Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
      • 10.4.9. India
        • 10.4.9.1. India Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.4.9.2. India Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.4.9.3. India Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.4.9.4. India Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.4.9.5. India Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
      • 10.4.10. Rest of Asia Pacific
        • 10.4.10.1. Rest of Asia Pacific Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.4.10.2. Rest of Asia Pacific Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.4.10.3. Rest of Asia Pacific Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.4.10.4. Rest of Asia Pacific Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.4.10.5. Rest of Asia Pacific Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
    • 10.5. Latin America
      • 10.5.1. Latin America Unmanned Underwater Vehicles Market Revenue, 2016-2025 (USD Billion)
      • 10.5.2. Latin America Unmanned Underwater Vehicles Market Revenue, By Type, 2016-2025 (USD Billion)
      • 10.5.3. Latin America Unmanned Underwater Vehicles Market Revenue, By Application, 2016-2025 (USD Billion)
      • 10.5.4. Latin America Unmanned Underwater Vehicles Market Revenue, By Payload, 2016-2025 (USD Billion)
      • 10.5.5. Latin America Unmanned Underwater Vehicles Market Revenue, By Propulsion system, 2016-2025 (USD Billion)
      • 10.5.6. Latin America Unmanned Underwater Vehicles Market Revenue, By Product Type, 2016-2025 (USD Billion)
      • 10.5.7. Brazil
        • 10.5.7.1. Brazil Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.5.7.2. Brazil Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.5.7.3. Brazil Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.5.7.4. Brazil Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.5.7.5. Brazil Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
      • 10.5.8. Rest of Latin America
        • 10.5.8.1. Rest of Latin America Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
        • 10.5.8.2. Rest of Latin America Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
        • 10.5.8.3. Rest of Latin America Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
        • 10.5.8.4. Rest of Latin America Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
        • 10.5.8.5. Rest of Latin America Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
    • 10.6. The Middle East and Africa
      • 10.6.1. The Middle East and Africa Unmanned Underwater Vehicles Market Revenue 2016-2025 (USD Billion)
      • 10.6.2. The Middle East and Africa Unmanned Underwater Vehicles Market Revenue, by Type, 2016-2025 (USD Billion)
      • 10.6.3. The Middle East and Africa Unmanned Underwater Vehicles Market Revenue, by Application, 2016-2025 (USD Billion)
      • 10.6.4. The Middle East and Africa Unmanned Underwater Vehicles Market Revenue, by Payload, 2016-2025 (USD Billion)
      • 10.6.5. The Middle East and Africa Unmanned Underwater Vehicles Market Revenue, by Propulsion system, 2016-2025 (USD Billion)
      • 10.6.6. The Middle East and Africa Unmanned Underwater Vehicles Market Revenue, by Product Type, 2016-2025 (USD Billion)
  •  
  • Chapter 11. Company Profiles
    • 11.1. Kongsberg Gruppen
      • 11.1.1. Overview
      • 11.1.2. Financials
      • 11.1.3. Product portfolio
      • 11.1.4. Business strategy
      • 11.1.5. Recent developments
    • 11.2. Lockheed Martin Corporation
      • 11.2.1. Overview
      • 11.2.2. Financials
      • 11.2.3. Product portfolio
      • 11.2.4. Business strategy
      • 11.2.5. Recent developments
    • 11.3. Teledyne Technologies
      • 11.3.1. Overview
      • 11.3.2. Financials
      • 11.3.3. Product portfolio
      • 11.3.4. Business strategy
      • 11.3.5. Recent developments
    • 11.4. Saab Group
      • 11.4.1. Overview
      • 11.4.2. Financials
      • 11.4.3. Product portfolio
      • 11.4.4. Business strategy
      • 11.4.5. Recent developments
    • 11.5. Oceaneering International
      • 11.5.1. Overview
      • 11.5.2. Financials
      • 11.5.3. Product portfolio
      • 11.5.4. Business strategy
      • 11.5.5. Recent developments
    • 11.6. The Boeing Company
      • 11.6.1. Overview
      • 11.6.2. Financials
      • 11.6.3. Product portfolio
      • 11.6.4. Business strategy
      • 11.6.5. Recent developments
    • 11.7. Subsea 7
      • 11.7.1. Overview
      • 11.7.2. Financials
      • 11.7.3. Product portfolio
      • 11.7.4. Business strategy
      • 11.7.5. Recent developments
    • 11.8. International Submarine Engineering
      • 11.8.1. Overview
      • 11.8.2. Financials
      • 11.8.3. Product portfolio
      • 11.8.4. Business strategy
      • 11.8.5. Recent developments
    • 11.9. Atlas Elektronik
      • 11.9.1. Overview
      • 11.9.2. Financials
      • 11.9.3. Product portfolio
      • 11.9.4. Business strategy
      • 11.9.5. Recent developments
    • 11.10. Fugro
      • 11.10.1. Overview
      • 11.10.2. Financials
      • 11.10.3. Product portfolio
      • 11.10.4. Business strategy
      • 11.10.5. Recent developments
    • 11.11. Bluefin Robotics Corporation
      • 11.11.1. Overview
      • 11.11.2. Financials
      • 11.11.3. Product portfolio
      • 11.11.4. Business strategy
      • 11.11.5. Recent developments

Methodology

Free Analysis

Unmanned underwater vehicles (UUV), also referred to as underwater drones, are vehicles that can operate underwater without any kind of human interference. These vehicles are further subdivided into two categories—autonomous underwater vehicles, which operate independently with any human input, and remotely operated underwater vehicles that are controlled remotely by a human operator. The demand for remotely operated vehicles and independently operated vehicles is increasing due to their various beneficial features, which is contributing to the unmanned underwater vehicles market growth.

The global unmanned underwater vehicles market is growing, owing to its rising applications in the defense and military sector, scientific research applications, and commercial purposes. The rising demand for these vehicles in navel applications for safety and security purposes is another major factor driving the unmanned underwater vehicles market growth. Moreover, the increasing number of offshore oil and gas activities is also expected to propel this market in the future. Additionally, rising surveillance activity for security purposes, increasing rigid rules and regulations, and growing government investments will further accelerate the unmanned underwater vehicles market. Underwater sea exploration for sea mapping and oil and gas pipelines inspection are also stimulating the market. The research centers and OEM’s are intending to deploy connected and smart technologies for sea monitoring, which will also further this market. Furthermore, the technologically-advanced sensors are being deployed, which are expected to draw the attention of various industries toward this market. However, the unmanned underwater vehicles market may be negatively affected due to the economic crisis and defense budget cuts.

Global Unmanned Underwater Vehicles Market

On the basis of application, the unmanned underwater vehicles market includes commercial exploration, scientific research, defense, and miscellaneous. The defense segment is estimated to hold a substantial market share over the projected time period, owing to the rising need for safety and security. The commercial exploration segment will register good growth, owing to UUV’s uses in underwater activities for commercial purposes like laying gas pipelines and conducting oil inspections.

The North American unmanned underwater vehicles market is anticipated to show notable growth over the projected time period, owing to the presence of prominent market players, such as Boston Engineering Corporation, Bluefin Corp, and Deep Ocean Engineering in the region.

Some leading market players of the unmanned underwater vehicles market are Kongsberg Gruppen, Lockheed Martin Corporation, Teledyne Technologies, Saab Group, Oceaneering International, The Boeing Company, Subsea 7, International Submarine Engineering, Atlas Elektronik, Fugro, and Bluefin Robotics.

 

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